Annual average income for software engineer/developer in India
is around 650,000 INR per year and average income for more experienced senior software developer is around 900,000 INR or more. Data from the end of year 2011.
Average Salaries in India Are Considerably Increasing Last Years
According to data from Manpower, the average earning differences in India, in comparison with US,
were significantly declined to year 2012. While the gap is dropped considerably the India still remain
as low cost competitor.
The first in a series of quarterly surveys, Mercer covered 93 companies, one-fourth of them from
the IT & telecom sectors, 16% from the pharma industry and 14% from the consumer segment.
Employees in the automobile, pharma and consumer products sectors can expect pay hikes of 12% while those
in IT & telecom and financial services are likely to see their salaries rise by an average 10-11% in 2012.
Education In India
India has the third largest education system in the world, after China, and United States. About 80 per cent of schools are from government. Poor quality public education is the reason that 27 per cent of scholars are privately educated.
For year 2012, in India are 20 central universities, 100 deemed universities, and 215 state universities. India has around 16000 collages, with 1800 exclusive collages for women.
India has some globally reputed institutions. Indian Institutes of Technology (IIT) have been acclaimed globally for engineering under-graduate education. About 8000 students are enrolled annually in IIT. India still hasn't any world class universities not in private sector, nor in public sector.
Top ranked universities in India are Indian Institute of Technology Bombay, Indian Institute of Technology Kanpur, Indian Institute of Technology Madras, and University of Delhi.