Indian techies are fascinated by the Rs 1-Crore package. Look beyond debate - Why & Who draws 1Cr?
The IT sector in India has been a cornerstone of the country's economic growth, with major hubs like Bengaluru, Hyderabad, and Pune housing numerous multinational corporations and innovative start-ups. Professionals in these regions benefit from a dynamic ecosystem that fosters talent and provides ample opportunities for career advancement. Companies like Infosys, Tata Consultancy Services (TCS), Wipro, and newer tech giants like Flipkart and Paytm are known for offering lucrative packages to retain top talent. Indian Techies are generally well compensated, yet the topic of salaries are front and center in most conversations. By all means 20-30-40 lakhs is still a huge amount in a country where a percentage of population is below poverty line. Yet there are days when lurking in tech forums, I come across boasts or humble-brags about "1 crore" packages that generate animate discussions. Typically, these high earners with packages of 10 million rupees are seasoned profes