Dear Punith Kumar,
It is not a question of sector alone. Whether in manufacturing, IT, or any other sector, you should experience intellectual and financial growth. As long as you feel that you are progressing in both areas, there is no need to change industries. Even if you sense a lack of growth intellectually or financially, you may explore opportunities within the same sector. This is because advancing within the same industry segment can be advantageous. In contrast, switching sectors requires learning the dynamics of that particular industry segment, which may not be easy for everyone.
You might feel that the IT sector offers better pay, prompting you to consider a change. However, I know several HR professionals who find themselves stuck in a rut. While they may have seen financial growth, they are not experiencing intellectual growth. Despite this, they persist due to financial commitments such as housing or other EMIs.
There is no definitive answer to your question. It is a gamble. Switching sectors could result in better, reasonable, or negative returns. Ultimately, the decision will be yours to make.
Thanks,
Dinesh Divekar