Average India increments at 8% in 2021; early estimates for 2022 projected at 8.6%: Deloitte's survey

According to Deloitte’s Workforce and Increments Trends Survey, 92% of companies gave an increment in 2021 at an average of 8%, compared to only 4.4 % in 2020, where just 60% of companies had extended a pay hike. About 25% of companies surveyed have projected a double-digit increment for 2022.

source https://economictimes.indiatimes.com/jobs/average-india-increments-at-8-in-2021-early-estimates-for-2022-projected-at-8-6-deloittes-survey/articleshow/86361160.cms