Business Development Manager Salary in India
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How much does a Business Development Manager make in India? The average Business Development Manager salary in India is ₹3,292,815 as of March 18, 2021, but the range typically falls between ₹1,958,896 and ₹4,575,037. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Business Development Manager Salary
Mastering key skills can significantly increase your earning potential as a Business Development Manager. According to Salary.com's Real-time Job Posting Data, expertise in Presentation can lead to a 6% salary raise, while strong Microsoft Office skills boost pay by a 2%. Even Account Management can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Presentation
Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Account Management
An Account Manager has the role of managing sales and relationships with particular customers. An Account Manager maintains existing relationships with clients so that the business they work for is continously successful.
More Skills...
Based on recent job listings, in-demand skills in the Business Development Manager field include Presentation (6%), Microsoft Office (2%), Account Management (1%), Lead Generation (1%), and Logistics (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹3,490,384 |
Presentation
₹3,490,384
|
6%
|
|
| ₹3,358,671 |
Microsoft Office
₹3,358,671
|
2%
|
|
| ₹3,325,743 |
Account Management
₹3,325,743
|
1%
|
|
| ₹3,325,743 |
Lead Generation
₹3,325,743
|
1%
|
|
| ₹3,325,743 |
Logistics
₹3,325,743
|
1%
|
What does a Business Development Manager do?
Business Development Manager
Frankfurt/Rhine-Main, DE
Develop qualitative and quantitative insight in their markets on the architectural segment to identify products and services to grow share and provide to appropriate business units.
12/31/2020
Business Development Manager
Rzeszow, PL
Develop the Security Services GTM strategy jointly with the Product Sales Specialists, Cisco Professional Services and Global Security Teams, including joint sales opportunities review.
12/23/2020
Business Development Manager
Newcastle, AU
Develop and manage the channel sales pipeline, prospect and assess sales potential with the ability to manage a large number of prospects simultaneously through the sales process.
02/23/2021
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Career Path for Business Development Manager in India
About India
India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west;[f] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands shar...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Business Development Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Business Development Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Business Development Manager in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Business Development Associate II |
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| Job Title Business Development Associate III |
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| Job Title Business Development Manager, Sr. |
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| Job Title Business Development Representative II |
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| Job Title Business Development Representative III |
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Understand the base salary paid range for a Business Development Manager in India
Average Base Salary
Core compensation
1958896
4575037
The chart shows the base salary for Business Development Manager ranges from ₹1,958,896 to ₹4,575,037 with the average base salary of ₹3,292,815. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Business Development Manager may get paid difference by industry, location, and factors.
Business Development Manager Frequently Asked Questions in India
What is the salary range for a Business Development Manager in India? What is the average hourly rate?
The average salary for a Business Development Manager in India is ₹3,292,815 per year. The salary range for a Business Development Manager is between ₹1,958,896 and ₹4,575,037. While we are seeing hourly wages as high as ₹2,200 and as low as ₹942, the majority of Business Development Managers are currently paid an average of ₹1,583 in India. The average salary pay range for a Business Development Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Business Development Manager in India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Why should you negotiate salary for a Business Development Manager role? What are effective negotiation strategies?
Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Business Development Manager position that you can in India. This starting salary of the Business Development Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Business Development Manager position in India, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 18, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for a Business Development Manager role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Business Development Manager in the India can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Business Development Manager job in a large city of the India may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the India also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Business Development Manager job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021