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India Inc. set for 9.1% salary hikes in 2027: What the numbers reveal, and are projections too optimistic?

Aons survey of more than 1,200 Indian employers projects average salary increases of 9.1% in 2027, led by non-banking finance, energy and real estate. Attrition rose to 18% in 2026, while AI adoption and demand for specialised skills grew. Most employers are preparing for Wage Code compliance.