I'm a non-IIT Masters graduate with 3.5 years of experience and I work at the India center of a non-FAANG US-based company, and I make more than @sures made with 10 YoE (leaving aside stock options as well).
Salaries are higher in cities like Bangalore and Pune, but even there the salary ranges are very varied, so it's difficult to get a representative sample. Funnily, if you check on Glassdoor (for what it's worth), you'll find companies (both Indian and US/UK-based) where Director of Engineering in India as much as I make with <4 years of experience.
Also, Indian companies are notorious for asking previous salary details/payslips etc before making offers. As such, if you start off at the lower end of the spectrum, you spend a lifetime playing catch up. Usual hikes between job switches is about 1.4-1.6x, so the 2x jump @sures got in 2015 is also not that common (Well negotiated @sures!) :)