Forbes Marshall Business Development Manager Salaries by 4 Employees (Updated 2025)

20 - 25 years exp.

₹18 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

174% more than the average Business Development Manager Salary in Industrial Machinery Companies for 20 - 25 years of experience

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Last Updated: 6 Feb 2025

Companies similar to Forbes Marshall for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ABB Business Development Manager Salary 9 - 17 years exp. (41 salaries)	₹9.2 L/yr - ₹30.4 L/yr 16% less
TÜV SÜD Business Development Manager Salary 4 - 12 years exp. (40 salaries)	₹5.4 L/yr - ₹16 L/yr 52% less	3 job openings
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Hilti Business Development Manager Salary 6 - 14 years exp. (26 salaries)	₹13.5 L/yr - ₹35 L/yr 4% more
Thermax Limited Business Development Manager Salary 3 - 15 years exp. (21 salaries)	₹6.6 L/yr - ₹25 L/yr 30% less
Shakti Pumps Business Development Manager Salary 3 - 11 years exp. (17 salaries)	₹3.5 L/yr - ₹7 L/yr 72% less	5 job openings
EMERSON PROCESS MANAGEMENT Business Development Manager Salary 12 - 16 years exp. (12 salaries)	₹16.4 L/yr - ₹28.5 L/yr 10% more
Kirloskar Brothers Business Development Manager Salary 3 - 15 years exp. (11 salaries)	₹5.6 L/yr - ₹11.2 L/yr 58% less
Sigma Electric Manufacturing Corporation Business Development Manager Salary 12 - 17 years exp. (7 salaries)	₹8.2 L/yr - ₹22 L/yr 40% less
Wipro Infrastructure Engineering Business Development Manager Salary 9 - 16 years exp. (6 salaries)	₹14.5 L/yr - ₹17 L/yr 24% less
TKIL Business Development Manager Salary 1 - 13 years exp. (5 salaries)	₹14 L/yr - ₹15.1 L/yr 31% less
Timken Business Development Manager Salary 8 - 17 years exp. (5 salaries)	₹18.6 L/yr - ₹31.2 L/yr 16% more
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Kirloskar Oil Engines Business Development Manager Salary 2 - 14 years exp. (5 salaries)	₹5.9 L/yr - ₹14 L/yr 58% less	1 job opening
Lakshmi Machine Works Business Development Manager Salary 5 - 9 years exp. (4 salaries)	₹9 L/yr - ₹18 L/yr 26% less
Danfoss Industries Business Development Manager Salary 8 - 16 years exp. (4 salaries)	₹17.8 L/yr - ₹41.3 L/yr 41% more
Cummins Business Development Manager Salary 9 - 13 years exp. (4 salaries)	₹15.1 L/yr - ₹39.1 L/yr 17% more
Gmmco Business Development Manager Salary 8 - 25 years exp. (4 salaries)	₹15 L/yr - ₹23 L/yr 10% less
TechnipFMC Business Development Manager Salary 11 - 14 years exp. (4 salaries)	₹18 L/yr - ₹20 L/yr 10% less
Skipper Business Development Manager Salary 5 - 11 years exp. (3 salaries)	₹9.2 L/yr - ₹13 L/yr 49% less
Netafim Irrigation India Business Development Manager Salary 1 - 8 years exp. (3 salaries)	₹9.6 L/yr - ₹18 L/yr 27% less
Isgec Heavy Engineering Business Development Manager Salary 14 - 16 years exp. (3 salaries)	₹22.3 L/yr - ₹25.5 L/yr 13% more

Business Development Manager salary at Forbes Marshall ranges between ₹18 Lakhs to ₹25 Lakhs per year for employees with experience between 20 years to 25 years. Salary estimates are based on 4 latest salaries received from various employees of Forbes Marshall.

Experience wise Forbes Marshall Business Development Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹18 L/yr - ₹25 L/yr
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Similar Designation salaries in Forbes Marshall

Business Development Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Business Manager Salary

(3 salaries)

₹16.6 L/yr - ₹29.6 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Senior Sales Manager Salary

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₹21.7 L/yr - ₹27.7 L/yr

Area Sales Manager Salary

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₹7.5 L/yr - ₹24 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Regional Manager Salary

(6 salaries)

₹23 L/yr - ₹33 L/yr

Branch Manager Salary

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₹25.2 L/yr - ₹32.2 L/yr

Salary related reviews for Forbes Marshall

3.0

Rated by 1 employees for salary & benefits

Service Engineer in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Feb 2025

2.0

for Salary and Benefits

Likes

Timely salary payments.

Dislikes

During training company hides the facts that the role is contract-based. They state permanent hiring after 2 years, but it doen't happen. Third-party employees don't receive respect from permanent staff. The work is repetative and lacks of technical learning opportunities.

Salary - Poor

+6 more

Graduate Trainee in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

Here you are not suppressed by the heads. Managers and top management is ready to listen all the time. Even the owner interact with young people.

Dislikes

Canteen has no options, work life balance is worst 9.5 hours/day working, no/less salary hike, work satisfaction is zero, they will ask you to do anything irrespective of your profile whether you like it or not

Skill development - Bad

+3 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Jun 2022

3.0

for Salary and Benefits

Likes

The only good thing about this company is if you are looking to work somewhere for 30+ years this is the organisation for you. It helps you with a comfort zone and has good family spirit. Safe place for women to work.

Job security - Excellent

Dislikes

...growth opportunities for any individual is almost nil unless you are in sales. The salary is not in par with the industry, if you want salary growth this is not the place for you. Everything is manual here , there are no welcome kits , no vending machines, good cafeteria etc . Getting resources to help with projects and work is a problem. No perks or benefits aside from the salary.

Skill development - Poor

+3 more

Salesman in Bangalore Rural

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2023

3.0

for Salary and Benefits

Likes

Freshers can learn lot of things, Salary comes on time

Dislikes

Lot of internal politics Too much pressure for numbers Contribution goes on sharing basis to lot of people HR will find all the possible ways to delay the process, and not to give the increments.

Skill development - Poor

+4 more

Apprentice Trainee in Kasarwadi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 15 Jun 2023

4.0

for Salary and Benefits

Likes

Best company culture, good pay ,skill development,supportive staff

Salary - Good

+2 more

Dislikes

Lots of internal politics. Interaction with HR is just dream after joining. Very slow process of onboarding, less job security , after completing apprenticeship they offers contract based extension.

Skill development - Poor

+3 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Forbes Marshall Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Forbes Marshall ?

The average salary of a Business Development Manager at Forbes Marshall in India typically ranges from ₹18.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 20 years to 25 years).

The top 10% of Business Development Manager at Forbes Marshall earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Business Development Manager Salaries at Forbes Marshall 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 4 Forbes Marshall employees in India.

What is the estimated take home salary of a Business Development Manager at Forbes Marshall in India?

The estimated take-home salary of a Business Development Manager at Forbes Marshall in India typically ranges from ₹1,35,529 to ₹1,40,521 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 20 years to 25 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 4 salaries received from various employees of Forbes Marshall. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Forbes Marshall for Business Development Manager in India?

Danfoss Industries	₹17.8 Lakhs to ₹41.3 Lakhs per year
Cummins	₹15.1 Lakhs to ₹39.1 Lakhs per year
Timken	₹18.6 Lakhs to ₹31.2 Lakhs per year
Isgec Heavy Engineering	₹22.3 Lakhs to ₹25.5 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹16.4 Lakhs to ₹28.5 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Forbes Marshall in India?

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

Hilti	₹13.5 Lakhs to ₹35.0 Lakhs per year
TechnipFMC	₹18.0 Lakhs to ₹20.0 Lakhs per year
Gmmco	₹15.0 Lakhs to ₹23.0 Lakhs per year
ABB	₹9.2 Lakhs to ₹30.4 Lakhs per year
Wipro Infrastructure Engineering	₹14.5 Lakhs to ₹17.0 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 Development Manager at Forbes Marshall in India?

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

Experience	Average Salary Range
15 years	₹18.0 Lakhs to ₹25.0 Lakhs per year

and so on.

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Forbes Marshall Business Development Manager Salaries

Forbes Marshall Business Development Manager salary in India ranges between ₹18 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Forbes Marshall latest salaries received from various employees of Forbes Marshall.