India

No, we don't lag behind at all.
Have you seen Bombay Velvet?
Many outdoor shots in the film are complete VFX.
Here are some pictures worth observing.
Animation studio was Prana Studios.
The main shot of Bombay Velvet: The club around which the film revolves.
One last point: VFX doesn't always mean dinosaurs and robot and aliens. The main point of a film should be to make it realistic. That is the sole reason why a fantasy feel-good film like Forrest Gump feels so real.
Animation and VFX also serve another purpose.
To make things look convincing.
To put it simply most of the directors here lack imagination. We have MBA from IIM serving as the head of animation companies, not someone who has been a part of the game.
Wrong people at the wrong place controlling the right workforce.
Future: Our rich culture is a major advantage for our technicians as they provide fertile ground for imagination, which is essential in this field. If the government too takes an initiative and encourages local talent and content, we could easily turn ourselves into a global VFX and animation hub in the next 10 to 15 years.

There are certain best paying IT companies in India that pay their employees the best package in the country and most of the experienced and skilled workers crave to join these paymasters.
1. Google INC. It is a dream destination for many job seekers. The company tops the chart of India's Best Companies to Work for Study conducted by The Economic Times and Great Place to Work Institute, India. It is considered as one of best pay Masters average total salary for a fresher is around INR 6-8 LPA. It pays 38% higher salaries compared to the other similar companies in the market.
2. Juniper Systems
Average salary of Juniper systems in India is around 14 lakhs/annum which is even more than the IT giants google and Microsoft. Juniper provides 30% above the market when it comes to salary of Senior software engineers and developers.
3. Microsoft India
It is one of the world's largest software maker in terms of revenues as well as world's most valuable companies. Microsoft pays the fresh engineering graduates close to INR 4.5 LPA. A senior software engineer gets between INR 5.0 to 15.0 LPA, regional sales manager INR 5 to 24 LPA, program manager draws INR 10 to 21 LPA and INR 4 to 40 LPA for product marketing manager.
4. Adobe
More than an average salary of 9 LPA for freshers as Software Engineer and 8 lakhs/annum for software developer is one of the best salary packages at this time around in India. Along with this growth as an individual is a very big additional perk in Adobe. The salary hike is almost 1.5 times the starting salary in a time of around 6 years. Median salary for a senior software engineer in adobe is more than 13 lakhs/annum.
5. IBM India
IBM has a presence in over 200 cities and towns across the country. IBM typically pays its employees 3% above the market rate. The starting salary package for trainee software engineer is around INR 2 to 4 per annum. The average salary figures in INR are as following for each job profile: 5.3 lakh for software engineer, 4.0 lakh for application developer, 4.5 lakh for systems engineer, 6.6 lakh for senior software engineer and 11.5 lakh for project manager.