India's Salary Hikes to Average 9.1% in 2026, Led by Real Estate, NBFCs: Aon

• Indian salaries projected to rise 9.1% in 2026, up from 8.9% in 2025, according to Aon's 32nd Annual Salary Increase and Turnover Survey.
• Real estate and infrastructure to lead with 10.2% increments, followed by Non-Banking Financial Companies (NBFCs) at 10.1%.
• Automotive, engineering design, and manufacturing sectors also expect strong hikes, while banking, e-commerce, and technology consulting may see increases below 9%.
• Aon attributes stronger growth in certain sectors to employers' intent to invest in critical talent amid India's robust macro foundation, moderating inflation, and new trade agreements.
• Overall attrition fell to 16.2% last year, nearing pre-pandemic levels, as companies adapt compensation frameworks due to new labor codes and focus on employee engagement.