Elofic Industries Business Manager Salaries by 5 Employees (Updated 2025)

12 - 14 years exp.

₹9.5 Lakhs - ₹12.5 Lakhs

Salary of majority employees

7% less than the average Business Manager Salary in Auto Components Companies for 12 - 14 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 12 - 14 years exp. (3 salaries)	₹9.5 L/yr - ₹12.5 L/yr
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Marketing & Communication Business Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10.6 L/yr

Last Updated: 14 Mar 2025

Companies similar to Elofic Industries for Business Manager

Company name	Avg Annual Salary	Open Jobs
Valvoline Cummins Business Manager Salary 8 - 18 years exp. (33 salaries)	₹10.5 L/yr - ₹18.3 L/yr 44% more
IBM Business Manager Salary 13 - 20 years exp. (483 salaries)	₹20.8 L/yr - ₹44 L/yr 216% more
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AU Small Finance Bank Business Manager Salary 3 - 12 years exp. (343 salaries)	₹2.1 L/yr - ₹8.9 L/yr 50% less	3 job openings
LivSpace Business Manager Salary 2 - 10 years exp. (296 salaries)	₹5 L/yr - ₹17 L/yr 6% less	8 job openings
Aavas Financiers Business Manager Salary 3 - 11 years exp. (237 salaries)	₹2.5 L/yr - ₹8 L/yr 46% less	2 job openings

Business Manager salary at Elofic Industries ranges between ₹9.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Elofic Industries.

Experience wise Elofic Industries Business Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.8 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.5 L/yr
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14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹19.9 L/yr

Similar Designation salaries in Elofic Industries

Area Business Manager Salary

(10 salaries)

₹7.05 L/yr - ₹8.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Deputy Manager Salary

(7 salaries)

₹6 L/yr - ₹10.9 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Area Sales Manager Salary

(17 salaries)

₹4.35 L/yr - ₹8.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Salary related reviews for Elofic Industries

4.6

Rated by 5 employees for salary & benefits

Area Sales Manager in Faridabad

Sales & Marketing Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Skill development Auto components Business Trends Product quality is Very good.

Skill development - Good

Dislikes

No support from Management No carrier growth Salary not expected No proper Traing session Is available for New Joinners.

Salary - Poor

+4 more

Maintenance Fitter in Mathura Road Faridabad

Other Department

2.0

• posted on 19 Jul 2022

2.0

for Salary and Benefits

Likes

...ny. Pollution rate so many high in working place ( specialy in department 1#2) .domineering management, HR team are not well educated that's shows on there behaviour, bad salary growth etc .

Dislikes

...epartment 1-2) 2. Domineering management 3. Uneducated behaviour of HR Team 4 . Future unsecure bcoz of very low salary growth 5. No post growth in last 7 years

Salary - Poor

+6 more

Quality Assurance Engineer in Faridabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 Apr 2024

4.0

for Salary and Benefits

Likes

Every activity happen in the plant is very smooth and easily operation were held no work pressure salary is on time. Everything is balanced in life while working with Elofic

Salary - Good

+4 more

Dislikes

No training provided to staff which is very dangerous for company as well as employe for their growth also there is great need to support such employe who is very hungry to learn and very energetic if support that is financial as well as learning is provided to them than that will be very growth full for individual that is for employe as well as employer.

Skill development - Poor

Assistant Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 12 May 2024

3.0

for Salary and Benefits

Likes

Good scope for lubricator. And hard worker are not consider as good

Skill development - Good

+1 more

Dislikes

If your relation with the owner of company is good, and you are doing any work on owner's house ( known as Kothi) such as electrician, plumber, fabricator or CCTV. So you are the most power full person in the company. Your level will be equal to AM/DM level.

Company culture - Poor

Assistant Manager - Legal in Faridabad

Full Time

Legal & Regulatory Department

5.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

It's all good if u want to learn and increase ur skills then u can definately. Everyone is supportive. Specially MD, JMD and ED Sir is very down to earth personality. Moreover All VPs are also very cooperative.

Salary - Good

+6 more

Dislikes

Nothing to dislike all good.

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Elofic Industries Business Manager Salary FAQs

What is the salary of Business Manager at Elofic Industries ?

The average salary of a Business Manager at Elofic Industries in India typically ranges from ₹9.5 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Business Manager at Elofic Industries earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Business Manager Salaries at Elofic Industries can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Elofic Industries employees in India.

What is the estimated take home salary of a Business Manager at Elofic Industries in India?

The estimated take-home salary of a Business Manager at Elofic Industries in India typically ranges from ₹75,222 to ₹77,170 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 12 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Elofic Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Elofic Industries for Business Manager in India?

IBM	₹20.8 Lakhs to ₹44.0 Lakhs per year
Valvoline Cummins	₹10.5 Lakhs to ₹18.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Elofic Industries, depending on the role and experience level.

What is the salary of a Business Manager in companies similar to Elofic Industries in India?

The salary of a Business Manager at companies similar to Elofic Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LivSpace	₹5.0 Lakhs to ₹17.0 Lakhs per year
Aavas Financiers	₹2.5 Lakhs to ₹8.0 Lakhs per year
AU Small Finance Bank	₹2.1 Lakhs to ₹8.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Manager at Elofic Industries in India?

The salary growth for a Business Manager at Elofic Industries depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at Elofic Industries:

Experience	Average Salary Range
12 years	₹9.5 Lakhs to ₹17.8 Lakhs per year
13 years	₹9.7 Lakhs to ₹12.5 Lakhs per year
14 years	₹10.4 Lakhs to ₹19.9 Lakhs per year

and so on.

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Elofic Industries Business Manager Salaries

Elofic Industries Business Manager salary in India ranges between ₹9.5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Elofic Industries latest salaries received from various employees of Elofic Industries.