In 2024, the average monthly salary was 36.7 thousand Indian rupees in Mumbai city of India. The average monthly salary in the capital city of Delhi was around 36.6 thousand Indian rupees. In comparison, the average monthly salary was over 28 thousand Indian rupees in Madurai during the same year.

Explore the progression of average salaries for graduates in University Of Mumbai from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of University Of Mumbai relative to other fields. This data is essential for students assessing the return on investment of their education in University Of Mumbai, providing a clear picture of financial prospects post-graduation.

In 2024, the salary increase across India was 9.5 percent, a slight decline since last year. The salary increase in India was the highest among the Asia-Pacific countries. The salary growth is expected to stay the same in 2025 at 9.5 percent. Sectors driving growth Sectors like Pharmaceuticals, manufacturing, insurance, captives, and SSO are projecting above the general industry salary median for 2025. With its highly skilled talent pool, India’s global capability centers (GCCs) are driving the projected salary increases. Outlook The projected increase in salary in 2025 is expected to be similar to 2024. Cost management, inflation, fear of recession, and a tighter labor market are some factors leading to 2025 projections. 2023 witnessed the highest salary increase during the recorded period, with a 10 percent growth.

Explore the progression of average salaries for graduates in Business Systems Integration (Bs In Computer Engineering, 2007 - University Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Business Systems Integration (Bs In Computer Engineering, 2007 - University Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Business Systems Integration (Bs In Computer Engineering, 2007 - University Of Mumbai), providing a clear picture of financial prospects post-graduation.

Mumbai city in Maharashtra is well known as the entertainment and commercial center of India. Eight percent of Mumbai households had an annual income of less than 75,000 rupees as of 2015.

The average yearly salary in India is approximately ₹7,00,000 (INR), but this varies dramatically by city, industry, experience, and role. Metro cities like Bangalore, Mumbai, and Delhi generally have higher average salaries compared to Tier-II and Tier-III cities.

Explore the progression of average salaries for graduates in Business Administration (Also Bachelor Of Engineering, University Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Business Administration (Also Bachelor Of Engineering, University Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Business Administration (Also Bachelor Of Engineering, University Of Mumbai), providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Information Technology (Also Possesses Bachelor Of Science Degree, From University Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Information Technology (Also Possesses Bachelor Of Science Degree, From University Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Information Technology (Also Possesses Bachelor Of Science Degree, From University Of Mumbai), providing a clear picture of financial prospects post-graduation.

In 2023, Ahmedabad had the most affordable housing market of the eight biggest metropolitan areas in India with a proportion of 21 percent of income to monthly instalment of a housing unit. In Mumbai the affordability index was at 51 percent, the only city with higher than threshold affordability ratio set at 50 percent. However, the affordability index has significantly improved from pre-pandemic times in 2019 for many cities including Mumbai, Bengaluru and NCR.

Explore the progression of average salaries for graduates in Computer Application (Also Bachelors Of Science From University Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Computer Application (Also Bachelors Of Science From University Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Computer Application (Also Bachelors Of Science From University Of Mumbai), providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Chemistry (Also Has Ms In Organic Chemistry From Univ Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Chemistry (Also Has Ms In Organic Chemistry From Univ Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Chemistry (Also Has Ms In Organic Chemistry From Univ Of Mumbai), providing a clear picture of financial prospects post-graduation.

The average annual player salary of a Mumbai Indians player in the 2019 season of the IPL was over 5.47 million U.S. dollars. Royal Challengers Bangalore followed that year with Kings XI Punjab in third place.

Loyalty to cricket and the league

The Indian Premier League is a professional cricket league which was founded by the Board of Control for Cricket in India in 2008. The professional Twenty20 tournament has changed the entire demographics of the game which now integrates the entertainment industry as well. The tournament has the highest attendance amongst all cricket leagues in the world, which in turn brings a lot of revenue in the sector. The handshake with the advertising and entertainment industry became evident in the high franchise value of the teams.

The devotion to the game comes on and off the pitch. The teams are actively followed on all social networking platforms. Combined, the IPL teams recorded over 50 million likes on Facebook and had a follower base of more than 80 million on Twitter.

New relationships

The sports industry in the south Asian country has witnessed a leap over the last few years. The country seems to have moved on from the times when the word ‘sport’ was equivalent to just cricket. Sports like football, kabaddi, badminton and others are gaining more popularity and viewership. The IPL model has been replicated and applied to other sports. Fantasy sports are also catching up fast to physical ones. The new domain has opened new possibilities for people to engage into the industry from a different angle. With the help of increased internet penetration and awareness, the sports industry across the nation is likely to flourish in the coming future.

Context

Recent events like 1. The mass exodus of people from Maharashtra and other states back to their homes. 2. The mass unemployment of people from unorganised sector. 3. The disruption of supply chain that has rendered small businesses helpless due to shortage of workforce.

has called for a closer look into the finances of people who have faced these issues. This will help us better understand the problem and more importantly provide a solution.

Content

The dataset contains monthly average wage for different states, districts, labor types.

• Centre: District like Mumbai, Pune etc.
• Gender: M or W
• Labor Category: Different labour category like field labour, skilled labour etc.
• Labour Type: Different labour type like sower, weeder, carpenter, blacksmith etc.
• State: Indian states like Maharashtra, Madhya Pradesh, Uttar Pradesh etc.
• District: Indian districts like Anantapur, Dibbrugarh etc.
• Wage: Daily wage in INR
• Month: Month during which the wage value was recorded.
• Year: Year during which the wage value was recorded.

Acknowledgements

Sources: 1. Directorate of Economics and statistics, Ministry of Agriculture and farmers welfare, Government of India. https://eands.dacnet.nic.in/AWIS.htm

Inspiration

Some very interesting questions can be answered using the dataset. 1. Which state has the highest/lowest daily wages? 2. Which year saw a steep increase/decrease in daily wages along with answers as to why that happened? 3. What is the wage difference between men and women and which state has the highest disparity? 4. Which are the states where women earn more than men? 5. Identify patterns like which states and months tend to be more profitable for a given year etc.?

Explore the progression of average salaries for graduates in Pharmaceutical And Healthcare Business And Bpharm From Univ Of Mumbai from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Pharmaceutical And Healthcare Business And Bpharm From Univ Of Mumbai relative to other fields. This data is essential for students assessing the return on investment of their education in Pharmaceutical And Healthcare Business And Bpharm From Univ Of Mumbai, providing a clear picture of financial prospects post-graduation.

Disposable Personal Income in India increased to 296383300 INR Million in 2023 from 273364818.90 INR Million in 2022. This dataset provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of September 2024, Mumbai had the highest cost of living among other cities in the country, with an index value of 26.5. Gurgaon, a satellite city of Delhi and part of the National Capital Region (NCR) followed it with an index value of 25.1.  What is cost of living? The cost of living varies depending on geographical regions and factors that affect the cost of living in an area include housing, food, utilities, clothing, childcare, and fuel among others. The cost of living is calculated based on different measures such as the consumer price index (CPI), living cost indexes, and wage price index. CPI refers to the change in the value of consumer goods and services. The wage price index, on the other hand, measures the change in labor services prices due to market pressures. Lastly, the living cost indexes calculate the impact of changing costs on different households. The relationship between wages and costs determines affordability and shifts in the cost of living. Mumbai tops the list Mumbai usually tops the list of most expensive cities in India. As the financial and entertainment hub of the country, Mumbai offers wide opportunities and attracts talent from all over the country. It is the second-largest city in India and has one of the most expensive real estates in the world.

Explore the progression of average salaries for graduates in Software Engineering (Also Possesses Bachelor Of Engineering, It Branch From University Of Mumbai) from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Software Engineering (Also Possesses Bachelor Of Engineering, It Branch From University Of Mumbai) relative to other fields. This data is essential for students assessing the return on investment of their education in Software Engineering (Also Possesses Bachelor Of Engineering, It Branch From University Of Mumbai), providing a clear picture of financial prospects post-graduation.

The estimated per capita income across the western state of Maharashtra in India stood at around 278 thousand Indian rupees in the financial year 2024. There was a significant increase in the income per capita in the state since the financial year 2012. Sikkim recorded the highest per capita income in the country.

This statistic displays the average salary of data analytics firm employees across India in 2016, by city. In that year, data analysts working in the city of Mumbai in India earned on average 990 thousand Indian rupees per year.

As of the first half of 2023, Mumbai was the most expensive city in India with an EMI-to-income ratio being 55 percent. Kolkata and Ahmedabad were the most affordable cities with EMI-to-income ratios of 26 and 23 percent respectively.