India’s tech pay plunges 40% as US engineers strike gold in the AI boom
The paychecks that once symbolised India’s ascent as a global technology hub are shrinking, sharply. According to a joint report by payroll and compliance platform Deel and equity management firm Carta, median compensation for engineering and data roles in India has nosedived by 40%, plunging to $22,000 in 2025 from $36,000 a year earlier. In…