Wednesday, March 19, 2025

India’s Workforce Seeks 20-40% Salary Hike Amid AI and EV Sector Growth

India’s job market is undergoing a significant transformation, driven by the rapid growth of high-demand sectors such as Artificial Intelligence (AI) and Electric Vehicles (EV).

As these industries expand, employees are increasingly seeking substantial salary hikes, ranging from 20% to 40%.

This trend reflects the growing need for specialized skills and the evolving expectations of the workforce.

India is emerging as a leader in AI adoption in the Asia-Pacific region, with 42% of businesses integrating AI into their operations.

The rise of cloud computing and AI-powered automation is transforming traditional job roles and creating new career opportunities.

Companies now view AI as a tool to enhance productivity, not replace jobs, stressing the importance of continuous skill development.

This trend is driving significant investments in upskilling and workforce transformation.

Rising Demand for Specialized Skills and Influence of AI

The demand for specialized skills in emerging sectors like AI and EV is reshaping India’s job market.

According to a recent report by Adecco India, employees in these high-growth industries are now demanding salary increases of 20% to 40%.

This rise in salary expectations is driven by the need for expertise in cutting-edge technologies and sustainability initiatives.

Sectors such as Environmental, Social, and Governance (ESG), digital transformation, and cloud computing are also experiencing strong hiring activity.

This trend is further fueling the demand for specialized skills.

AI’s growing influence is transforming the workplace. Many employees now view it as an enabler for growth rather than a threat.

This shift has led to substantial investments in upskilling, with a focus on AI-driven learning, certifications, executive coaching, and leadership development.

Companies are increasingly integrating AI solutions into their operations, with 42% of businesses in the Asia-Pacific region, including India, adopting AI technologies.

This trend is creating new career opportunities and reshaping traditional job roles.

EV Sector’s Rapid Growth, Employee Expectations and Workforce Transformation

The EV sector in India is experiencing unprecedented growth, driven by environmental concerns and advancements in AI.

AI is revolutionizing the design, production, and operation of EVs by enhancing autonomous driving capabilities and optimizing battery performance.

Indian EV manufacturers are utilizing AI-driven robotics to achieve precise assembly, reduce production costs, and minimize errors.

Predictive analytics play a crucial role in maintaining seamless production processes by anticipating equipment breakdowns.

As India’s job market evolves, employees are placing increasing importance on meaningful work, career growth, and flexible work arrangements.

Competitive salaries are also a significant factor in their considerations.

The demand for expertise in ESG, automation, and machine learning is rising as companies adjust to India’s changing economic space.

Employees are seeking more than just financial compensation; they are looking for opportunities that offer personal and professional growth.


Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates, Subscribe to our Channels. WhatsApp– Click HereGoogle News– Click HereYouTube – Click Here, and LinkedIn– Click Here.

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions

The Indian divisions of Deloitte, PwC, EY, and KPMG...

Must Read

Suniel Shetty’s advice on Layoffs be like Rahul Dravid

Actor and Producer Suniel Shetty has shared a LinkedIn...

GoDaddy lays off 8 percent of the workforce

An American publicly traded Internet domain registrar and web...

Challenges in Creating Inclusion and Equity in the Workplace

The current times are evolving, have evolved and we...

Reigniting Spark: Unleashing the Power of Disengaged Employees

In the realm of business, disengagement can cast a...

3M reshuffles its leadership team with new appointment of CEO

An American multinational conglomerate operating in the fields of...

Arvind Limited appoints Nirav as CHRO, Textile & Apparel

A leading textile manufacturer and the flagship company, Arvind...

Tata Trusts appoints Siddharth Sharma as Chief Executive Officer

One of India’s oldest public charitable foundations, Tata Trusts has...

Skilling – Types and Needs in a Dynamic Job Market

Skilling, Upskilling, and reskilling are important productivity enhancement, employee...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus