Formulation and Development Manager
Annual salary range
₹7.3 Lakhs - ₹20.5 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byFormulation and Development Manager Salary in India (Updated 2025)
based on 48
latest salaries
• updated:
12 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Formulation and Development Manager Salary in India ranges between ₹7.3 Lakhs to ₹20.5 Lakhs for 6 years of experience to 16 years of experience. Salary estimates are based on 48 latest salaries received from Formulation...
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
11 -
14
yrs
exp.
(4 salaries)
|
₹15 L/yr - ₹21.4 L/yr | 1 job opening |
8 -
9
yrs
exp.
(4 salaries)
|
₹13.5 L/yr - ₹14.9 L/yr | |
Login to view exact salary
| ||
13 -
16
yrs
exp.
(4 salaries)
|
₹14 L/yr - ₹16.5 L/yr | |
|
14 -
17
yrs
exp.
(4 salaries)
|
₹13 L/yr - ₹14.8 L/yr | |
14 -
17
yrs
exp.
(4 salaries)
|
₹12.6 L/yr - ₹15 L/yr | |
16 -
18
yrs
exp.
(3 salaries)
|
₹16.6 L/yr - ₹18.5 L/yr | |
13 -
15
yrs
exp.
(3 salaries)
|
₹15.6 L/yr - ₹18.6 L/yr | |
10 -
12
yrs
exp.
(3 salaries)
|
₹11 L/yr - ₹11.9 L/yr | |
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| ||
|
11 -
14
yrs
exp.
(3 salaries)
|
₹16.2 L/yr - ₹20.7 L/yr | |
12 -
13
yrs
exp.
(AmbitionBox Estimate)
|
₹11.6 L/yr - ₹14.8 L/yr | |
Formulation and Development Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
6
years
(2
salaries)
|  ₹7.2 L/yr - ₹12.4 L/yr |
7
years
(2
salaries)
| ₹8 L/yr - ₹12.4 L/yr |
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| |
8
years
(3
salaries)
| ₹8 L/yr - ₹14.9 L/yr |
9
years
(3
salaries)
| ₹9.6 L/yr - ₹14.9 L/yr |
10
years
(1
salaries)
| ₹11 L/yr - ₹11 L/yr |
View all salaries by experience
Formulation and Development Manager Jobs in India
Formulation and Development Manager
· 10-15 years
BDR Pharmaceuticals
Vadodara
Formulation and Development Manager
· 10-20 years
Overseas Health Care Pvt LTD
₹10
L/yr
- ₹15
L/yr
Phillaur
Formulation and Development Manager
· 8-12 years
ZIM Laboratories
₹10
L/yr
- ₹15
L/yr
Nagpur
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Formulation Scientist Salary
1 -
9
years
exp.
(870 salaries)
| ₹2 L/yr - ₹11.1 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(6L salaries)
| ₹3 L/yr - ₹17 L/yr |
Login to view exact salary
| |
Deputy Manager Salary
3 -
15
years
exp.
(2.2L salaries)
| ₹4 L/yr - ₹18 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7 L/yr - ₹40.6 L/yr |
Analytical Scientist Salary
2 -
10
years
exp.
(1k salaries)
| ₹3.2 L/yr - ₹11.2 L/yr |
View more similar designations
Top skills for Formulation and Development Manager
3 Formulation and Development Manager jobs demanding these
skills
Formulation and Development Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Formulation and Development Manager
11 -
16
years
exp.
| ₹11.9 L/yr - ₹18 L/yr |
Ahmedabad
Formulation and Development Manager
11 -
15
years
exp.
| ₹1 L/yr - ₹22.2 L/yr |
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| |
Bhopal
Formulation and Development Manager
13 -
16
years
exp.
| ₹14 L/yr - ₹16.5 L/yr |
Hyderabad / Secunderabad
Formulation and Development Manager
8 -
9
years
exp.
| ₹13.5 L/yr - ₹14.9 L/yr |
Nagpur
Formulation and Development Manager
11 -
14
years
exp.
| ₹15 L/yr - ₹21.4 L/yr |
View More
Formulation and Development Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Pharma Formulation and Development Manager
6 -
16
years
exp.
| ₹9.5 L/yr - ₹21.4 L/yr |
Manufacturing Formulation and Development Manager
8 -
16
years
exp.
| ₹12 L/yr - ₹15 L/yr |
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| |
Clinical Research Formulation and Development Manager
11 -
15
years
exp.
| ₹15 L/yr - ₹21.4 L/yr |
Healthcare / Pharma Formulation and Development Manager
7 -
16
years
exp.
| ₹8 L/yr - ₹16.5 L/yr |
Biotech & Life sciences Formulation and Development Manager
11 -
13
years
exp.
| ₹8.5 L/yr - ₹20.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Formulation and Development Manager Salaries
What is the salary of a Formulation and Development Manager in India?
The salary of a Formulation and Development Manager in India varies based on experience, location, company & Industry.
On average, Formulation and Development Manager salaries ranges from ₹7.3 Lakhs to ₹20.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹7.3 Lakhs to ₹20.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 48 salaries received from various Formulation and Development Managers across industries.
The average starting salary is around ₹7.3 Lakhs to ₹20.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 48 salaries received from various Formulation and Development Managers across industries.
What are the top paying cities for Formulation and Development Manager in India?
The annual salary for Formulation and Development Manager in India varies by location. Top paying cities for Formulation and Development Manager are
Salary expectations for Formulation and Development Manager may vary based on job roles, experience, and specific employer requirements.
| Formulation and Development Manager Salary in Mumbai | ₹11.9 Lakhs to ₹18.0 Lakhs per year |
| Formulation and Development Manager Salary in Ahmedabad | ₹1.0 Lakhs to ₹22.2 Lakhs per year |
| Formulation and Development Manager Salary in Bhopal | ₹14.0 Lakhs to ₹16.5 Lakhs per year |
| Formulation and Development Manager Salary in Hyderabad / Secunderabad | ₹13.5 Lakhs to ₹14.9 Lakhs per year |
| Formulation and Development Manager Salary in Nagpur | ₹15.0 Lakhs to ₹21.4 Lakhs per year |
What are the top paying industries for Formulation and Development Manager in India?
Top 5 paying Industries for Formulation and Development Manager in India are:
| Formulation and Development Manager Salary in Pharma | ₹9.5 Lakhs to ₹21.4 Lakhs per year |
| Formulation and Development Manager Salary in Manufacturing | ₹12.0 Lakhs to ₹15.0 Lakhs per year |
| Formulation and Development Manager Salary in Clinical Research | ₹15.0 Lakhs to ₹21.4 Lakhs per year |
| Formulation and Development Manager Salary in Healthcare / Pharma | ₹8.0 Lakhs to ₹16.5 Lakhs per year |
| Formulation and Development Manager Salary in Biotech & Life sciences | ₹8.5 Lakhs to ₹20.5 Lakhs per year |
How does experience affect salaries of a Formulation and Development Manager in India?
Experience significantly impacts a Formulation and Development Manager salary in India. Salaries increase with experience, as Formulation and Development Manager take on more complex tasks, responsibilities, and leadership roles.
Formulation and Development Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹7.2 Lakhs to ₹12.4 Lakhs per year |
| 7 years | ₹8.0 Lakhs to ₹12.4 Lakhs per year |
| 8 years | ₹8.0 Lakhs to ₹14.9 Lakhs per year |
| 9 years | ₹9.6 Lakhs to ₹14.9 Lakhs per year |
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