I reacted with such disbelief because I know many people that work for big consultancies such as Capgemini, Cognizant and Infosys, and even in tier 1 and 2 cities with 10+ years' experience they don't make that much. Hell, many consultancies bill their EU and US clients less than those figures!
I also hire directly for our own office in Mumbai from time-to-time, so I know that market rates are.
Just look at any jobs board - even for experienced devs, its rare to find such high paying jobs, e.g.
Companies such as Wipro, TCS, Cognizant and Infosys are considered lowest in this sector. No kidding, they pick up 1000s in a single day from a single college. e.g. see http://www.srmuniv.ac.in/placement/statistics_2015.html
> SRM University sets new placement record of 6064 on Day 1
> The highest offer was from Wipro 1641, followed by TCS 1611, Cognizant 1506 and Infosys 1306.
You can imagine the quality of interview when they have interviewed at least 1500 students on a single day.
I also hire directly for our own office in Mumbai from time-to-time, so I know that market rates are.
Just look at any jobs board - even for experienced devs, its rare to find such high paying jobs, e.g.
http://www.timesjobs.com/jobs-in-mumbai/it-jobs