The rest of the metros in India recorded an average salary hike of +11%.
Other Major Metros, Popular Sectors
IT hub Bangalore followed Mumbai at a 15% average salary hike, while Delhi remained at +12% in JFM ’22 vs JFM’20.
Mumbai has also witnessed an astonishing +41% growth in hiring activity in Q4’22 vs Q4’21.
Most of the hiring activities in the city took place the most in the BFSI sector (+60%) & education/teaching (+60%).
Real estate (+57%), pharma (+34%) and bpo (+22%) follow close.
IT Hiring
The IT sector will inevitably lead the pack when it comes to maximum hiring momentum thanks to demand for tech-enabled skills.
Invariably Mumbai also recorded the maximum number of it-software and software services jobs in Jan-Mar’22.
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