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Formulation and Development Manager

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Formulation and Development Manager Salary in India (Updated 2025)

based on 49 latest salaries • updated: 21 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹7.3 Lakhs - ₹20.5 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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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 49 latest salaries received from Formulation... Read More

Formulation and Development Manager salaries by

Years of experience Avg. annual salary
6 years
(2 salaries)
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₹7.2 L/yr - ₹12.4 L/yr

7 years
(2 salaries)
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₹8 L/yr - ₹12.4 L/yr

8 years
(3 salaries)
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₹8 L/yr - ₹14.9 L/yr

9 years
(3 salaries)
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₹9.6 L/yr - ₹14.9 L/yr

10 years
(2 salaries)
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₹11 L/yr - ₹17 L/yr

View all salaries by experience

Formulation and Development Manager Jobs in India

Formulation and Development Manager

· 3-8 years

Salud Care (india) Limited

·
3.1

Ahmedabad

Formulation and Development Manager

· 10-20 years

Overseas Health Care Pvt LTD

·
2.9
₹10 L/yr - ₹15 L/yr

Phillaur

Formulation and Development Manager

· 12-22 years

Select Source International

₹11 L/yr - ₹21 L/yr

Nagpur

View all Formulation and Development Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Formulation Scientist Salary
1 - 9 years exp.
(863 salaries)
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₹2 L/yr - ₹11.1 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.2L salaries)
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₹4 L/yr - ₹18 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹41 L/yr

Analytical Scientist Salary
2 - 10 years exp.
(1k salaries)
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₹3.2 L/yr - ₹11.2 L/yr

View more similar designations

Top skills for Formulation and Development Manager

4 Formulation and Development Manager jobs demanding these skills arrow-logo

Formulation and Development Manager Salary By Locations

Locations Avg. annual salary
Mumbai
Formulation and Development Manager
11 - 16 years exp.
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₹11.9 L/yr - ₹18 L/yr

Ahmedabad
Formulation and Development Manager
11 - 15 years exp.
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₹1 L/yr - ₹22.2 L/yr

Bhopal
Formulation and Development Manager
13 - 16 years exp.
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₹14 L/yr - ₹16.5 L/yr

Hyderabad / Secunderabad
Formulation and Development Manager
8 - 9 years exp.
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₹13.5 L/yr - ₹14.9 L/yr

Nagpur
Formulation and Development Manager
11 - 14 years exp.
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₹15 L/yr - ₹21.4 L/yr

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Formulation and Development Manager Salary By Industries

Industries Avg. annual salary

Pharma

Formulation and Development Manager
6 - 16 years exp.
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₹9.5 L/yr - ₹21.4 L/yr

Manufacturing

Formulation and Development Manager
8 - 16 years exp.
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₹12 L/yr - ₹15 L/yr

Clinical Research

Formulation and Development Manager
11 - 15 years exp.
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₹15 L/yr - ₹21.4 L/yr

Healthcare / Pharma

Formulation and Development Manager
7 - 16 years exp.
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₹8 L/yr - ₹16.5 L/yr

Biotech & Life sciences

Formulation and Development Manager
11 - 13 years exp.
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₹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 49 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.
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 Biotechnology ₹25.4 Lakhs to ₹32.5 Lakhs per year
Formulation and Development Manager Salary in Real Estate ₹25.4 Lakhs to ₹32.5 Lakhs per year
Formulation and Development Manager Salary in Engineering & Construction ₹25.4 Lakhs to ₹32.5 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 Internet ₹7.2 Lakhs to ₹18.6 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:
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
and so on.

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