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Artificial Intelligence Salary in India [For Beginners & Experienced] in 2024
Published
01st Apr, 2024
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Artificial intelligence has become tremendously popular in recent years, taking the internet by storm. The size of the Indian artificial intelligence market is projected to reach US$5.47 billion (Source: Statista) by the end of this year, which has substantially increased demand for AI jobs. This makes me believe that a career in AI is one to seek vigorously, as the market is expanding by the day!
That said, AI jobs have lucrative pay since the role is highly impactful and has global exposure. For instance, my artificial intelligence salary in India has ranged between INR 6 and 13 lakhs annually. However, this figure can be accentuated by improving and focusing on skills, getting certified, and enrolling in some AI courses. So, if you also start somewhere around INR 6 LPA as a fresher, you can focus on skill enhancement and certifications to reach up to 13 LPA in the next 3-4 years!
To give you a better idea about the salary prospects of AI-related roles, I have collected and compiled AI salaries based on experience, role, and location. Also, read on to learn more about artificial intelligence engineers and their roles and responsibilities.
What is Artificial Intelligence (AI)?
Artificial intelligence results from numerous technologies collaborating to allow machines to see, understand, act, and learn at levels of intellect comparable to that of humans.
Unlike humans, artificial intelligence can process a huge amount of data in a way humans cannot. This has made AI a technology that can be applied to various sectors like healthcare, science, technology, etc. Although it might seemingly reduce human requirements, humans are still an indispensable part of the process. They are the ones who create, train, and handle such systems. This is why AI jobs are some of the most demanded and highest paid.
On that note, AI engineers are in substantial demand around the world. They are responsible for developing algorithms that make up the artificial intelligence system. AI engineers typically require programming, software development, and data science skills.
Artificial Intelligence Engineer Salary in India (Based on Experience)
As AI engineers gain experience in training and managing AI algorithms, they become more proficient in AI engineering. This makes them grow professionally and eventually draw higher salary packages. That said, artificial intelligence salaries in India depend primarily on the candidates' years of experience. Here are some salary figures based on the experience of an AI engineer:
Beginner (0-2 years of experience)
The AI fresher salary in India for people with 1-2 years of experience per year can be around INR 4,50,000 (Source: Ambitionbox).
Intermediate (2-4 years of experience)
AI job salary in India for people with 2-4 years of experience can be between INR 9,20,000 and INR 11,00,000 annually.
Advanced (4-7 years of experience)
The AI average salary in India for professionals with 5-7 years of experience can be between INR 13,90,000 and INR 14,80,000 annually.
The salary can vary based on location, company size, industry, skill set, etc. AI engineers with additional skill sets, such as robotics and deep learning, can expect a slightly higher salary range despite their experience levels.
How to Improve Artificial Intelligence Salary?
Though there's a fixed salary range based on various factors, there are chances to get higher pay with certain skills, certifications, and training. Here's how you can boost your salary in artificial intelligence in India:
Skills
Developing and enhancing several skill sets in a few specialized areas can help AI engineers enhance their salary potential. Here are some examples of skills that are highly valued in the AI engineering field:
- Machine learning: It's the technique of teaching a computer without explicit instruction by applying mathematical data models. AI engineers must be familiar with machine learning models and algorithms as they are crucial in automation models.
- Programming: To increase your artificial intelligence starting salary in India, you can learn and equip yourself with languages like LISP, Python, Java, C++, etc., and new programming tools like Mojo, Docker, etc.
Certifications
Certifications can significantly enhance an AI engineer's skill set and earning potential. Engineers with AI and machine learning certifications from reputable associations or tech firms attest to their expertise in these fields and eventually receive higher salaries. Here are some examples of certifications that AI engineers can pursue:
- Azure AI engineering course (Microsoft-certified): This certification demonstrates expertise in programming languages and Integrate AI capabilities in other applications and solutions.
- AWS Certified Machine Learning: This certification validates expertise in building, training, tuning, and deploying machine learning (ML) models on AWS.
You can also enroll in an AI Bootcamp for a holistic understanding and hands-on experience.
Experience
Artificial intelligence is a modern technology-based field. Engineers with more experience have a relatively upper hand. AI engineers who have worked in training AI algorithms with proficiency in advanced mathematics can create custom algorithms to solve unique problems.
Factors Affecting Artificial Intelligence Salary
The salary of an artificial intelligence engineer in India is determined by several factors like location, employer, industry, experience, skills, demand and supply, etc.
Location
The salary of an AI engineer can vary significantly based on the state or city. For instance, an AI engineer in Delhi or Mumbai can earn significantly more than an AI engineer with the same experience and skills in a smaller city like Chennai.
For instance, artificial intelligence's highest salary in India is around INR 18,00,000 per year, which is typical in Delhi NCR-based companies. On the other hand, it is around INR 16,00,00 per year for companies based out of Chennai.
The following data is taken from Glassdoor.
City | Average salary (INR)/yr |
Bangalore | 11,00,000 |
Mumbai | 11,05,560 |
Chennai | 7,50,000 |
Delhi | 10,00,000 |
Industry / Employer
When it comes to artificial intelligence engineer jobs in India, the industry plays a crucial role. Industries like technology, healthcare, and finance offer higher salaries for AI engineers. However, this figure can also vary from one employer to another.
Here are the top 10 employers of AI engineers in India:
Company | Annual Salary (INR) |
IBM | 19.6 L |
IQVIA | 15.4 L |
Ignitarium Technology Solutions | 7.9 L |
Telerad Tech | 6.2 L |
Tata Elxsi | 4.7 L |
CitiusTech | 18.1 L |
Accenture | 7.0 L |
Taranto Technologies | 12.4 L |
TCS | 7.8 L |
Botminds AI | 10.4 L |
Experience
The artificial intelligence salary per month in India depends on the experience level. Here's a general categorization of the same:
Experience | Monthly salary (INR) |
Artificial intelligence salary in India for freshers with 1-2 years (entry-level) | 37,500 - 76,000 |
Artificial intelligence salary for mid-level AI professionals with 2-4 years (mid-level) | 76,500 - 91,600 |
Artificial intelligence salary in India for senior professionals with 5-7 years (mid-senior) | 1,15,000 - 1,23,000 |
Demand and Supply
Demand and supply play a crucial role in deciding the salary package of an AI engineer. Due to the demand for AI specialists in this field, most companies offer significantly higher salaries for AI engineers in data science.
Moreover, the salary can also vary based on the demands in various cities within India. The salary for artificial intelligence jobs in Mumbai, a city with a higher demand for AI engineers, is 14.9 LPA.
Credentials / Certifications
Certification from a reputed association increases the chances of having a high AI salary in India per month. For instance, certifications in areas like advanced machine learning, advanced mathematics, etc., can lead to higher salaries. Certification holders are perceived as having an edge over other candidates.
Skills
Some specific advanced skill sets also affect the salary. AI engineers with skills like data analysis, NLP, machine learning, software engineering, and deep learning receive higher salaries than those who lack these advanced skills.
Why are AI Professionals Paid So Much?
The last ten years have seen enormous advancements in AI development and its practical uses. Consequently, the demand for AI professionals has been rising astoundingly for a while, making it one of the most lucrative jobs.
AI engineers and specialists have specialized skills like data analytics, algorithm development, deep learning, etc., which are highly in demand. The fact that AI engineers can create AI technologies that can boost productivity and manage important decisions puts them at a higher significance within any organization.
Thus, due to the strong demand for technical competence, managerial and collaborative skills, and a knack for staying updated required for this type of work, AI engineers are paid more than other roles in an organization.
Conclusion
With AI's exponential growth and popularity, the need for engineers who can build, train, and deploy AI applications has become crucial. But at the same time, this is also a highly competitive market. With more and more people entering the AI space, it is essential to be highly skilled to stand out as an AI professional. You can take certifications and courses like the KnowledgeHut AI courses that help you master such crucial and advanced skills and land a higher salary.
Frequently Asked Questions
1. How does experience affect AI salaries in India?
AI engineers with substantial experience receive higher salaries because they have hands-on experience and on-field training in AI and algorithms. With that said, The AI fresher salary in India with 1-2 years of experience per year can be around Rs. 4,50,000. Meanwhile, the average AI salary for mid-level executives with 5-7 years of experience per year can be between Rs.13,90,000 and Rs.14,80,000.
2. Is there a demand for AI professionals in India?
Yes. India is one of the countries that has embraced AI in numerous industries. This has created a demand for AI specialists in India. According to report, as of August 2023, India had 416K AI professionals in its skill base, compared to the present requirement of roughly 629K, predicted to rise to 1 million by 2026.
3. What is the monthly salary of AI engineer in India?
The average monthly salary of an AI engineer in India is around 10-12 LPA. The salary is dependent on the location and years of experience.
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