India’s job market is evolving rapidly, with employees demanding salary increases of 20-40 percent, especially in high-growth sectors like Artificial Intelligence (AI), Electric Vehicles (EV), and engineering, according to an Adecco India report. This rise in salary expectations reflects the growing need for specialized skills in emerging industries.
Rising Demand for Specialized Skills in Emerging Sectors Reshapes India’s Job Market
The report highlights strong hiring activity in sectors like EV, Environmental, Social, and Governance (ESG), digital transformation, and cloud computing, where businesses are focusing on expertise in new technologies and sustainability. In contrast, industries such as banking, financial services, and IT have seen more stable salary expectations despite a fluctuating job market.
Employees today are placing increasing importance on meaningful work, career growth, and flexible work arrangements, alongside competitive salaries. AI’s growing influence is reshaping the workplace, with many employees now viewing 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. The demand for expertise in ESG, automation, and machine learning is rising as companies adjust to India’s evolving economic landscape.
India Leads AI Adoption in APAC, Driving Job Transformation and Skill Development
India is emerging as a leader in AI adoption in the Asia-Pacific region, with 42 percent 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.
Karthikeyan Kesavan, Director at Adecco India, emphasized the need for businesses to adapt to these trends, prioritizing strategic hiring, competitive salary packages, and upskilling initiatives to attract and retain top talent in a rapidly changing job market.
