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The Economic Times

Economy / The Economic Times

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Auto companies stick to fast lane in pay hikes, too

Expect substantial salary increases in India's auto sector, with average hikes projected at 10.3% in 2026, surpassing the general corporate average. This boost is driven by strong vehicle sales and favorable government policies. Despite global uncertainties, companies are rewarding top performers while managing budgets carefully. Attrition rates are also anticipated to decrease as talent mobility slows.

3 Jul 2026 1:13 am