IT Salaries in Pune increased by 20% over the last 12 months, compared to 12% for Bangalore and the country average of 14%. Bangalore continues to have the highest salary levels in the country, and I think is 12% higher than Pune (can’t say for sure, since the article is a little unclear). This according to a report released by management consulting firm Zinnov.

‘Though compensation in Bangalore continues to be the highest in the country, the dramatic wage increase in Pune can be attributed to high salaries offered by multinationals (mostly from the US) setting up captive centres in Maharashtra’s boom city,’ Zinnov CEO Pari Natarajan told IANS.

Source: IndiaPRWire. See also pluggd.in’s coverage.