Sector-wise Increments

2023 Actuals and 2024 Projections

Highlights
Increment % 2023 2024

India Inc. Manufacturing Services

9.7% 9.5% 9.7% 9.7% 9.7% 9.4%

Aerospace Engineering Chemicals

10.2% 9.4% 9.7% 9.7%

Automotive/Vehicle Manufacturing Engineering Design Services

10.6% 9.9% 10.3% 9.9%

Real Estate/Infrastructure
Energy (Oil/Gas/Coal/Power)
9.9% 9.3% 10.2% 10.0%

Engineering/Manufacturing Financial Institutions

10.0% 10.1% 10.1% 9.9%

FMCG/FMCD Banking
9.6% 9.6% 9.8% 9.8%

Durable Investment Banking

10.0% 10.1% 10.9% 9.8%

Non-Durable : Foods, Beverages, Tobacco,

Personal care, Wellness Wealth Management
9.5% 9.5% 10.7% 9.1%

Metals & Mining Funds/Asset Management

9.5% 9.4% 10.3% 9.8%

Lifesciences / Pharmaceuticals NBFC

9.9% 9.9% 10.7% 11.1%

CRO
Housing Finance
10.5% 10.3%
10.9% 11.1%
Pharmaceutical Micro Finance
10.0% 10.1% 11.7% 11.9%

Medical Technology Life Insurance

9.9% 9.7% 8.9% 8.8%

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