Wages in India

Wages in India are expected to rise by 14.5 percent in 2007 from 2006, the fastest rate in Asia, as companies pay top dollar to attract and retain talent.Hewitt Associates, a human resource consulting and outsourcing firm, said in their annual survey that this would be the fourth consecutive year that Indian salaries have notched double-digit growth.India's economy is expected to grow 9.2 percent in the 2006/07 fiscal year to March 31 -- its fastest pace in 18 years.