As technology rapidly advances, the salary landscape for tech professionals in India is undergoing significant changes. The latest Digital Skills Salary Primer FY 2025 report by TeamLease Digital, a tech professional services platform, reveals that various cities across India are becoming prime destinations for high-paying tech roles.
The report highlights that India’s tech market, valued at $254 billion in FY 2024, is experiencing robust growth, driven by substantial investments in Artificial Intelligence (AI), Machine Learning (ML), and blockchain technologies. Despite this growth, there is a critical shortage of expertise in AI and ML—only 2.5 percent of Indian engineers have AI skills, and just 5.5 percent are proficient in basic programming. To address this gap, 86 percent of Indian businesses are focusing on reskilling their IT workforce.
TeamLease Digital projects that the Indian technology sector aims to achieve a revenue of $350 billion by 2026 and expects to employ a workforce of 5.8 million by FY 2025. Roles in Cloud Computing and Cybersecurity are especially lucrative, offering attractive salaries across various levels. In-demand skills include Natural Language Processing (NLP), Data Mining, Business Intelligence (BI), Network Security, and Cloud Platforms.
Here’s a look at the top 10 highest-paying cities for tech roles in India for 2024:
1. Bengaluru | Often referred to as the "Silicon Valley of India," Bengaluru is the leading city for tech salaries. With its dynamic tech ecosystem, the city offers high compensation for roles in software development, data science, and cybersecurity. Average annual salaries in Bengaluru are among the highest in the country, attracting top tech talent from across India.
2. Gurgaon | Gurgaon stands out as a major tech hub with its growing number of tech companies and startups. The city provides lucrative salaries, particularly for roles in software engineering, product management, and digital transformation. Gurgaon’s proximity to the national capital enhances its appeal to tech professionals seeking competitive pay.
3. Hyderabad | Known for its extensive IT parks and tech hubs, Hyderabad is a key player in the tech industry. The city offers attractive salaries for positions in artificial intelligence, machine learning, and software engineering. Hyderabad's reputation as a center for innovation contributes to its high compensation packages.
4. Delhi | The National Capital Region (NCR), including Delhi, Gurugram, and Noida, offers a diverse range of tech job opportunities with high compensation. Delhi is known for its competitive salaries in software development, digital marketing, and data analytics, making it a prime destination for tech professionals.
5. Mumbai | As India’s financial capital, Mumbai also boasts a robust tech sector. The city provides high salaries for tech roles, particularly in fintech, cloud computing, and enterprise software. Mumbai’s vibrant tech scene and strong infrastructure contribute to its status as a high-paying city for tech professionals.
6. Chennai | Chennai plays a significant role in the IT services and software development sectors. The city offers substantial salaries for tech professionals skilled in programming languages, system analysis, and IT infrastructure. Chennai’s focus on IT services enhances its attractiveness to tech talent.
7. Pune | Pune is emerging as a notable tech hub with competitive salaries for various tech roles. The city is particularly appealing for positions in software development, IT consulting, and product management. Pune’s growing tech reputation makes it a strong contender in the tech job market.
8. Ahmedabad | Known for its entrepreneurial spirit, Ahmedabad is becoming a favorable location for tech professionals. The city offers competitive salaries for roles in digital transformation, software development, and IT management. Ahmedabad’s expanding tech scene supports its rise as a high-paying city.
9. Kolkata | Kolkata is gaining recognition as a tech hotspot with increasing opportunities and salaries. The city is experiencing growth in technology and innovation, leading to competitive salaries for roles in software engineering, web development, and IT support.
10. Kochi | Kochi is emerging as a promising city for tech roles, with rising opportunities and competitive salaries. The city’s growing tech infrastructure and focus on digital transformation contribute to its appeal for tech professionals.
The tech industry in India is rapidly advancing, and these cities are at the forefront of offering lucrative opportunities. For tech professionals seeking to enhance their careers, these cities not only offer high salaries but also vibrant tech communities and significant growth prospects. Keep an eye on these top-paying cities as you plan your next career move in the technology sector!
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.