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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.
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economictimes.indiatimes.com
Timeline cronologica
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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…
- ·
Auto demand remains strong, but OEM margins may stay under pressure in H1 FY27
Indian auto sector anticipates strong demand across all vehicle types, though automakers may see profit margins squeezed in early FY27. Wholesale dispatches for passenger…