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Top Highest Paying Jobs in India 2024

09 March,2024  |  By Brainwonders

Top 20 Highest Paying Jobs in India 2024

Key Takeaways:

  • Key Points to Note: Lucrative Employment Opportunities: Discover high-paying career paths in India, encompassing roles such as Project Managers, AI Engineers, Data Scientists, and Blockchain Developers.
  • Salary Variability: Recognize the diversity in salary standards across different sectors and locations; for example, Project Managers typically earn between ₹4-28 Lakhs annually.
  • Increasing Demand for AI & ML: Observe the growing need for professionals in Artificial Intelligence (AI) and Machine Learning (ML) fields, with AI Engineers commanding salaries ranging from ₹8-40 Lakhs per year.
  • Varied Professional Fields: Explore well-compensated positions like Full Stack Software Developer, Product Manager, and Management Consultant, offering diverse career trajectories and income levels.

There is no denying that a job that pays well is something we all want. After investing so many years in education, it is not surprising to want a career that pays what you deserve. While there is no dearth of career options that pay well, it is important to understand that salary benchmarks vary across organizations and industries. Your salary will also depend on your educational qualifications, skills, and experience.

Whether you're a fresher or a senior professional, there are numerous options that provide high-salary jobs in India for you. We have compiled a list of the top highest paying jobs in India for this year. 

Top 20 Highest Paying Jobs in India

Here are some of the top highest paying jobs in India you can explore:

  • Project Manager
  • Artificial Intelligence (AI) Engineer
  • Data Scientist
  • Machine Learning Engineer
  • Blockchain Developer
  • Full Stack Software Developer
  • Product Manager
  • Management Consultant
  • Marketing Manager
  • Business Analyst
  • Internet of Things (IoT) Solutions Architect
  • Engineering Manager
  • IT Systems Manager
  • Data Engineer
  • Software Architect
  • Cloud Architect
  • DevOps Engineer
  • Investment Banker
  • Chartered Accountant
  • Medical Professionals (Doctors and Surgeons)

Let us now discuss these highest paying jobs in India in detail:

1. Project Manager

The project manager is a cornerstone of project management and leads the pack in terms of top-paying positions in India. Project Managers take the helm, steering projects according to established blueprints and playing a central role across all project phases. Their responsibilities encompass supervision, assessment, task prioritisation, and crucial aspects like risk management, stakeholder relations, and project communication.

Given their pivotal contribution to project success, the demand for skilled Project Managers is sharply rising in the Indian job market. In India, the salary spectrum for Project Managers spans from ₹4 to ₹28 Lakhs annually, with an average yearly income pegged at ₹12.0 Lakhs. Here's a breakdown of the average annual salaries for Project Managers across several key Indian cities:

  • New Delhi - ₹15 Lakhs
  • Mumbai - ₹13 Lakhs
  • Bangalore - ₹15.5 Lakhs
  • Pune - ₹14 Lakhs

2. Artificial Intelligence (AI) Engineer

AI engineers, also known as machine learning engineers, are ranked among the top-paying professions in India. These experts specialize in developing intelligent software systems capable of learning, adapting, and improving over time. Collaborating closely with stakeholders, AI engineers identify business requirements and craft software solutions utilizing AI and machine learning technologies to meet these needs.

AI engineers undertake the creation and validation of models that accurately predict outcomes and make informed decisions. Additionally, they design and implement algorithms capable of learning from data. Effective collaboration with various stakeholders, including software developers, data scientists, and business leaders, is essential to ensure the successful development and deployment of AI systems that meet business objectives.

Explore the comprehensive roadmap to becoming an AI engineer with our AI career guide!

In India, AI engineers command an average annual salary of ₹8 Lakhs, with potential earnings reaching up to ₹40 Lakhs per annum. Average salaries for AI engineers in other Indian cities are as follows:

  • New Delhi: ₹6 Lakhs
  • Mumbai: ₹6.5 Lakhs
  • Bangalore: ₹9.5 Lakhs
  • Pune: ₹8 Lakhs

Oracle, Amazon, Google, Deloitte, IBM, and Intel Corporation are among the leading organizations actively seeking AI engineering talent.

3. Data Scientist

The Data Scientist role emerges as one of India's highest-paying positions, offering competitive salaries and a plethora of benefits. Hailed as "the most promising career" by LinkedIn, a Data Scientist is tasked with gathering, analyzing, and interpreting vast volumes of data within an organization. Individuals equipped with a solid background in computer science, programming, mathematics, statistics, and analytics can carve out a rewarding career path in Data Science in India.

With an average annual salary exceeding ₹10 Lakhs, Data Scientists rank among the top earners in the country. Seasoned professionals in this field can command salaries as high as ₹25 Lakhs per annum. In various Indian cities, the average annual salaries for Data Scientists are as follows:

  • New Delhi: ₹10 Lakhs
  • Mumbai: ₹9 Lakhs
  • Bangalore: ₹11 Lakhs
  • Pune: ₹7 Lakhs

Leading organizations such as Amazon, Procter & Gamble, and Walmart Labs are actively recruiting for this lucrative position, solidifying Data Science as one of India's most sought-after career paths.

4. Machine Learning Engineer

Machine Learning (ML), a subset of Artificial Intelligence (AI), has garnered substantial attention across various industries. Positioned as one of the highest-paying professions in India, AI and ML are anticipated to witness significant growth in the coming years. Experts in Machine Learning undertake statistical analyses and craft ML algorithms and programs tailored to meet business requirements.

The average annual salary for Machine Learning Engineers in India exceeds ₹7 Lakhs. The average annual salaries in different cities are as follows:

  • New Delhi: ₹5.7 Lakhs
  • Mumbai: ₹6.5 Lakhs
  • Bangalore: ₹10 Lakhs
  • Pune: ₹5.5 Lakhs

Leading companies actively recruiting ML engineers include IBM, Zycus, Bosch, and SAP.

5. Blockchain Developer

Blockchain Technology is revolutionizing currency transactions, internet connectivity, data security, and data handling. Both private and public sectors are embracing blockchain to eliminate intermediaries, reduce costs, and enhance speed and efficiency. Engineers and IT professionals with robust Computer Science, Mathematics, and Statistics backgrounds can aspire to become Blockchain developers, as this technology offers lucrative job opportunities in India.

The average annual salary of Blockchain Developers in India exceeds ₹8 Lakhs, with experienced professionals earning up to 45 LPA. In other Indian cities, the average annual salaries for Blockchain developers are as follows:

  • New Delhi: ₹6 Lakhs
  • Mumbai: ₹6 Lakhs
  • Bangalore: ₹6 Lakhs
  • Pune: ₹5 Lakhs

Auxesis, Cognizant, NTT Data, Capgemini, and Hitachi are among the top employers seeking blockchain developers.

6. Full Stack Software Developer

The demand for Software Developers, including Full Stack Software Developers, is soaring and recognized as one of the highest-paying jobs in India. Full Stack Developers possess expertise in both front-end and back-end software development or websites. They are responsible for building sites from the ground up, making this role one of the highest-paying jobs in India. If you hold a Bachelor's degree in IT or Computer Science, you can pursue an online specialization in Full Stack Development to enhance your prospects as a Full Stack expert.

The average annual salary of a Full Stack Software Developer in India exceeds ₹9 Lakhs. This highly-paid job has numerous opportunities across various industries and sectors, with the following average annual salaries in different Indian cities:

  • New Delhi: ₹5.5 Lakhs
  • Mumbai: ₹8 Lakhs
  • Bangalore: ₹7.5 Lakhs
  • Pune: ₹5 Lakhs

Top employers seeking talent for this high-paying job in India include Barclays, Dell, IBM, Siemens, and BNY Mellon.

7. Product Manager

Product management is taking centre stage in the Indian industry, making Product Manager the next highest-paying job in India. This pivotal role involves developing strategy, marketing, defining features, and forecasting products. Product Managers and product management professionals, in general, require keen attention to detail and an in-depth understanding of organizational goals related to product development. Obtaining a Product management certification can elevate your expertise and open doors to the best job opportunities in India.

The average annual salary of a Product Manager in India is ₹14,40,000. Beginners typically earn around ₹7-8 LPA, while experienced professionals can command salaries ranging from ₹17-26 LPA.

Leading employers seeking talent for these high-paying jobs in India include Amazon, Google, Microsoft, Flipkart, Salesforce, and Uber, among others.

8. Management Consultant

Management Consultants play a crucial role in assisting organizations in problem-solving, enhancing performance, and achieving maximum growth. They address various aspects including strategy, structure, operations, and overall management of the organization.

Aspiring candidates holding bachelor's degrees in Business Administration, Economics, Finance, Accounting, or Management can pursue an MBA program to enter the highly sought-after field of Management Consulting. An MBA can pave the way to the best job opportunities in India.

The average salary for Management Consultants in India is approximately ₹11,49,770 per annum. Entry-level consultants typically earn around ₹6-7 LPA, while experienced professionals can command salaries ranging from ₹17-26 LPA.

Key employers recruiting for this top-paying job in India include KPMG, PwC, McKinsey & Co., Deloitte, Ernst & Young, among others.

9. Marketing Manager

A Marketing Manager is responsible for devising and implementing business marketing strategies to satisfy consumer needs and optimize profits. This role spans across various sectors and is experiencing rapid growth. A bachelor's degree in Marketing Management or Business Administration serves as the foundational qualification for aspiring marketing managers. Considered one of the highest-paying jobs in India, Marketing Managers innovate products and solutions to align with company objectives and meet client demands.

The average annual salary of a Marketing Manager in India exceeds ₹7 Lakhs. In other cities across India, the average annual salaries are as follows:

  • Delhi - ₹10 Lakhs
  • Mumbai - ₹11 Lakhs
  • Bangalore - ₹12 Lakhs

IBM, Amazon, Flipkart, TCS, and Tata Motors are among the key employers seeking talent for these top-paying roles in India.

10. Business Analyst

Business Analyst ranks among the top-paying jobs in India. They scrutinize an organization's processes, systems, and operational models to assess its performance, aiding businesses in making informed decisions and enhancing their effectiveness. Business Analysis is a highly lucrative career path in India, offering salaries that are among the highest in the job market.

The average annual salary for Business Analysts in India exceeds ₹6.5 Lakhs. In other Indian cities, Business Analysts earn as follows:

  • New Delhi - ₹6 Lakhs
  • Mumbai - ₹7 Lakhs
  • Bangalore - ₹7 Lakhs

Key employers seeking talent for these high-paying positions in India include Microsoft, Citi, Accenture, Mu Sigma, Wipro, and Amazon.

11. Internet of Things (IoT) Solutions Architect

The following highest-paying job in India is held by professionals specialising in developing and implementing Internet of Things (IoT) solutions, known as IoT Solutions Architects. They are responsible for crafting comprehensive IoT systems interconnecting devices and sensors, collecting and analysing data, and delivering valuable insights to stakeholders.

IoT solutions architects possess networking, data analytics, software development, and hardware design expertise. They must grasp the unique requirements and objectives of the company or organisation they collaborate with to devise IoT solutions aligned with these goals. Additionally, they need proficiency in project management and communication alongside their technical skills, collaborating with cross-functional teams and adeptly managing project schedules, budgets, and resources.

Various factors such as experience, location, and industry influence the average compensation of an Internet of Things (IoT) Solutions Architect. According to Glassdoor, IoT Solutions Architects in India command an average base salary of approximately ₹26,65,134 annually.
Key employers seeking these talented professionals include Samsara, IBM, Oxagile, Bosch IoT Sensor Company, SAP, and others.

12. Engineering Manager

An engineering manager is an individual responsible for overseeing engineering teams and projects within a company. Their duties encompass supervising a group of engineers, setting project objectives and deadlines, and ensuring projects are completed within budget and on time.
Typically, engineering managers are tasked with recruiting, hiring, and training engineers, as well as monitoring their progress and providing feedback.

They collaborate closely with other departments, such as product development, research and development, and quality assurance, to ensure that engineering projects align with business goals.

Engineering managers must possess strong engineering skills as well as leadership and communication abilities. They should be capable of leading and motivating teams, communicating effectively with stakeholders at all levels, and managing project budgets and deadlines.
In India, the average annual salary for an Engineering Manager exceeds ₹27 Lakhs. This highly sought-after position offers lucrative opportunities across various industries and sectors. The average annual salaries in other Indian cities are as follows:

  • New Delhi - ₹25 Lakhs
  • Mumbai - ₹21 Lakhs
  • Bangalore - ₹34 Lakhs
  • Pune - ₹25 Lakhs

Leading employers seeking professionals for this top-paying role in India include Apple, Amazon, Google, Microsoft, IBM, and Intel Corporation.

13. IT Systems Manager

An IT Systems Manager is a professional responsible for overseeing the planning, implementation, and maintenance of an organization's information technology systems. Their role involves supervising the daily operations of IT systems to ensure they meet the company's requirements.

Under the management of an IT systems manager, various IT professionals, such as network administrators, system administrators, and support technicians, work to ensure that IT systems perform optimally, are reliable, secure, and meet operational expectations.

According to Glassdoor, the average annual income for an IT systems manager in India is approximately INR 12,00,000. Leading employers seeking professionals for this role include Amazon, IBM, Accenture, Dell Technologies, and Cisco Systems.

14. Data Engineer

The role of a data engineer, responsible for designing, constructing, and maintaining an organization's data infrastructure, is ranked high among India's top-paying professions. They manage vast and intricate datasets, ensuring information is collected, processed, and stored effectively, securely, and accessibly.

Using various tools and technologies, data engineers build and oversee data pipelines, warehouses, and other data systems. They work closely with different data team members, such as Data Analysts and Data Scientists, to ensure data accuracy and availability for analysis.

Technically adept and possessing strong interpersonal and teamwork skills are essential for data engineers. They must collaborate effectively with other data team members and stakeholders across the organization to ensure data systems meet business requirements.

The average annual salary for a data engineer in India exceeds ₹11 Lakhs. This highly coveted role offers numerous opportunities across industries and sectors, with the following average annual salaries in different Indian cities:

  • New Delhi - ₹8.5 Lakhs
  • Mumbai - ₹7.5 Lakhs
  • Bangalore - ₹10 Lakhs
  • Pune - ₹7 Lakhs

Key employers seeking talent for this role include Deloitte, Google, Comcast, Oracle, and Cisco Systems.

15. Software Architect

The next highest paying job in India is that of a software architect, a specialist responsible for orchestrating the development of software systems, including the framework and technical infrastructure of a software application. They collaborate with stakeholders to identify technical solutions, understand business requirements, and design the software system architecture to meet those needs.

Software architects are tasked with making technical decisions and trade-offs to fulfil business requirements, leveraging their extensive software development and design backgrounds. In addition to technical expertise, a software architect must possess strong communication and leadership skills. They must effectively lead a team of developers and engineers towards a common technical goal and communicate clearly with both technical and non-technical stakeholders.

The average annual salary for a Software Architect in India is ₹27 Lakhs (and can reach up to ₹50 Lakhs per annum). The average annual salary for software architects in other cities in India is as follows:

  • New Delhi: ₹26 Lakhs
  • Mumbai: ₹25 Lakhs
  • Bangalore: ₹33 Lakhs
  • Pune: ₹26 Lakhs

Top employers seeking talent for this highest-paying job in India include PwC, Amazon, Tata Consultancy Services, Verizon, Accenture, Meta, and others.

16. Cloud Architect

A cloud architect is responsible for designing and implementing cloud-based systems in a company. They collaborate with stakeholders to grasp business requirements, identify technical solutions, and construct the cloud architecture to meet those requirements.

Cloud architects typically possess a strong background in cloud computing and are well-versed in popular cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. They evaluate trade-offs and make technical decisions aligned with business needs, ensuring that cloud systems are developed and deployed according to best practices. In addition to technical expertise, a Cloud Architect must excel in communication and leadership. They must effectively guide a team of developers and engineers towards common technical objectives and communicate clearly with technical and non-technical stakeholders.

The average annual salary for a Cloud Architect in India is ₹21 Lakhs (potentially reaching up to ₹41 Lakhs per annum). Here are the average annual salaries for cloud architects in other Indian cities:

  • New Delhi: ₹19 Lakhs
  • Mumbai: ₹20 Lakhs
  • Bangalore: ₹22 Lakhs
  • Pune: ₹22 Lakhs

Oracle, Amazon, Google, Deloitte, IBM, and Intel Corporation are among the top employers seeking talent for this high-paying job in India.

17. DevOps Engineer

A DevOps Engineer is an expert who collaborates with IT teams and software engineers to accelerate the development and deployment of software applications. Their responsibilities include optimizing systems, automating processes, and ensuring the timely and efficient delivery of software.

DevOps engineers design and maintain the tools and workflows necessary for continuous integration and continuous delivery (CI/CD). They typically possess extensive backgrounds in software development and IT operations. Moreover, they work closely with other IT teams and developers to identify areas for improvement and implement new strategies and technologies to enhance productivity and minimize errors.

In addition to technical expertise, a DevOps Engineer must excel in collaboration and communication. They must effectively collaborate with various stakeholders, including software developers, operations teams, and business leaders, to ensure that software is delivered promptly and meets business requirements.

The average annual salary for a DevOps Engineer in India is ₹6.5 Lakhs (potentially reaching up to ₹15 Lakhs per annum). Here are the average annual salaries for DevOps engineers in other Indian cities:

  • New Delhi: ₹7 Lakhs
  • Mumbai: ₹6 Lakhs
  • Bangalore: ₹7 Lakhs
  • Pune: ₹6 Lakhs

Top employers seeking talent for this role include Amazon, Deloitte, IBM, Cognizant Technology Solutions, Comcast, and Google.

18. Investment Banker

Investment Banking, one of the highest-paying professions in India and globally, revolves around assisting clients in making sound investment decisions to achieve optimal returns. If you have a background in Finance and a passion for financial services, Investment Banking could be the ideal career path for you. The salary for investment bankers typically falls within the range of ₹4 to ₹40 LPA.

Key employers seeking talent for this role include Citibank, Deutsche Bank, HSBC, Goldman Sachs, and JP Morgan Chase.

19. Chartered Accountant

Chartered Accountants (CAs) play a pivotal role in various industries, serving as financial advisors who offer expert guidance on managing finances effectively. The demand for CAs continues to rise annually, making it one of the high-paying professions in India.

To qualify as a practising CA, Commerce graduates must successfully complete the CA course regulated by the Institute of Chartered Accountants of India (ICAI) in New Delhi.

The salary for Chartered Accountants typically ranges from ₹6-7 LPA at the entry-level and can soar to ₹30 LPA or higher, depending on their experience and expertise.

Key employers seeking professionals in this field include Standard Chartered, Ernst & Young, Deloitte, KPMG, and BDO International.

20. Medical Professionals (Doctors and Surgeons)

Healthcare stands out as one of the highest-paying sectors in India. Amid the pandemic, the demand for medical professionals has surged, leading to significant growth in the healthcare industry. Indian doctors and surgeons receive substantial compensation, which varies depending on their specialization, such as Dentistry, Pharmacy, Optometry, or roles like Healthcare Administration, Nursing, Medical Assistant, or Home Health Aide.

The typical responsibilities of medical professionals encompass prescribing medications, administering treatments, diagnosing medical conditions based on symptoms, collaborating with nurses and other healthcare experts, and interpreting medical test results.

On average, medical professionals in India earn around ₹10 Lakhs per annum. Notably, more than 25% of healthcare practitioners command salaries of approximately ₹20 Lakhs per annum. Salaries range from ₹7 Lakhs for General Physicians to over ₹11 Lakhs for General Surgeons annually.

Leading healthcare institutions such as AIIMS (All India Institute of Medical Sciences), Fortis, Apollo, Max, and Columbia Asia are among the top employers actively recruiting professionals in this field.

  1. Digital Transformation: India's ongoing digitalization will drive a surge in demand for technology professionals, such as software developers, data analysts, and AI/ML specialists.

  2. Remote Work: The shift to remote work, accelerated by the COVID-19 pandemic, is expected to persist, opening up opportunities for virtual roles across various industries.

  3. E-commerce and Logistics: The expansion of e-commerce platforms will fuel job growth in logistics, supply chain management, and last-mile delivery services.

  4. Healthcare and Telemedicine: India's healthcare sector will continue to grow, particularly in telemedicine, leading to increased demand for doctors, nurses, and tech professionals supporting online health services.

  5. Renewable Energy: India's focus on renewable energy sources will drive employment growth in sectors like solar and wind power.

  6. Edtech: The education technology sector will thrive, creating jobs in online teaching, content creation, and educational technology development.

  7. AI and Data Science: With businesses increasingly relying on data-driven insights, job opportunities for AI, machine learning, and data science professionals will remain abundant.

  8. Sustainability and Green Jobs: India's commitment to environmental sustainability will generate employment in eco-friendly construction, waste management, and green energy industries.

  9. Cybersecurity: As digital threats evolve, there will be a growing demand for cybersecurity experts to safeguard organizations from cyberattacks.

  10. Financial Technology (Fintech): The fintech sector is poised for growth, creating jobs in digital payments, blockchain technology, and financial analytics.

  11. Health and Wellness: Roles in wellness coaching, mental health counseling, and fitness training are expected to see increased demand as awareness of health and wellness rises.

  12. Manufacturing and Electronics: India's drive for self-reliance in manufacturing and electronics will result in job opportunities within these sectors.

  13. Startups and Entrepreneurship: India's dynamic startup ecosystem will continue to offer opportunities for individuals interested in innovative and entrepreneurial endeavors.

Highest Paying Jobs for Freshers

Starting your career can be challenging, especially when it comes to finding the right job. With so many options available, choosing the one that aligns with your interests and career goals is crucial. Here are some of the highest-paying jobs for freshers in today's market: 

  • Machine Learning Expert
  • Data Analyst
  • Software Engineer
  • Full Stack Developer
  • Cloud Engineer
  • Cybersecurity Analyst

If you're looking to start a lucrative career in one of these fields, consider enrolling in our comprehensive programs in Cybersecurity, Digital Marketing, AI, Data Science, and more. Our bootcamps and courses, such as Business Analyst, will equip you with the necessary skills to succeed in these dynamic fields and land top-tier positions that offer both financial reward and professional fulfilment. Take advantage of the opportunity to secure a prosperous future in this rapidly growing industry.

FAQs

Q1. What are the highest paying jobs in India?

Ans: Some of the highest paying jobs in India are medical professionals, data scientists, machine learning experts, blockchain developers, full-stack software developers, investment bankers, and product managers.

Q2. What are the highest paying IT jobs in India?

Ans: Some of the highest-paying IT jobs in India are full-stack developers, cloud architects, blockchain engineers, data scientists, software engineering managers, cyber security engineers, and big data engineers.

Q3. What are the highest paying jobs for girls in India?

Ans: The highest paying jobs for girls in India are physicians, pharmacists, human resource managers, software developers, and financial analysts.

Q4. What are the highest paying jobs per month in India?

Ans: Medical professionals, machine learning experts, blockchain developers, and full-stack software developers earn the highest monthly salaries in India.

Q5. What are the highest paying jobs in the tech industry in India?

Ans: Jobs like Machine Learning Experts, Data Scientists, and Full Stack Developers command high salaries in India's tech industry.

Q6. Is it lucrative to pursue a career in software development in India?

Ans: Absolutely, positions like Software Architect and Principal Software Engineer are among the high-income professions in the tech industry in India.

Q7. Are there any high-paying jobs in tech startups in India?

Ans: Definitely, roles such as Product Managers, Growth Hackers, and Chief Technology Officers (CTOs) in tech startups often come with high compensation packages.

Q8. Which roles in the tech consulting sector are top paying in India?

Ans: Tech roles like IT Consultants, Cloud Consultants, and Cybersecurity Analysts are high-earning in the consulting sector.

Q9. Does the tech education industry offer high-paying jobs in India?

Ans: Yes, positions like Dean of Computer Science and Senior Technology Officer at tech universities are among the highest-paying in the education sector.

Q10. What are the highest paying government tech jobs in India?

Ans: In the government sector, IT Directors, Senior Systems Engineers, and Information Security Analysts are among the highest-paid positions.

Q11. Which job has a bright future?

Ans: Jobs in the technology sector, such as software development and data science, have a bright future due to ongoing digitalization.

Q12. Which job is in demand in India?

Technology-related jobs, healthcare professionals, and jobs in e-commerce and logistics are in high demand in India.

Q13. What is the lowest-paid job?

Ans: The lowest-paid jobs often include entry-level positions in agriculture, hospitality, and some manual labour roles, but the pay can vary widely depending on factors like location and industry

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