Glenmark Pharmaceuticals Mumbai Territory Business Manager Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹3.6 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Territory Business Manager Salary in Pharma Companies for 2 - 7 years of experience

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Salaries in different departments

Marketing & Communication Territory Business Manager Salary 2 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹6.8 L/yr
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Sales & Business Development Territory Business Manager Salary 2 - 7 years exp. (3 salaries)	₹3.8 L/yr - ₹5.8 L/yr

Last Updated: 7 Jan 2025

Companies similar to Glenmark Pharmaceuticals for Territory Business Manager in Mumbai

Glenmark Pharmaceuticals Territory Business Manager Salary

2 - 7 years exp. (12 salaries)

₹3.6 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Abbott Territory Business Manager Salary 1 - 14 years exp. (134 salaries)	₹2.6 L/yr - ₹9.3 L/yr 19% more	63 job openings
Dr. Reddy's Territory Business Manager Salary 2 - 10 years exp. (20 salaries)	₹4.2 L/yr - ₹7.4 L/yr 20% more
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AstraZeneca Territory Business Manager Salary 2 - 17 years exp. (18 salaries)	₹3.5 L/yr - ₹12 L/yr 62% more
ICICI Home Finance Territory Business Manager Salary 5 - 16 years exp. (14 salaries)	₹8.4 L/yr - ₹16 L/yr 184% more
Bharat Serums and Vaccines Territory Business Manager Salary 5 - 10 years exp. (13 salaries)	₹4 L/yr - ₹6.2 L/yr 2% more

Territory Business Manager salary at Glenmark Pharmaceuticals ranges between ₹3.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 12 latest salaries received from various employees of Glenmark Pharmaceuticals.

Experience wise Glenmark Pharmaceuticals Territory Business Manager salaries in Mumbai

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹3.6 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (3 salaries)	₹3.7 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

From

Territory Business Manager

₹

Lakhs/yr

2 - 9 years exp.

Business Head

₹

Lakhs/yr

17 - 27 years exp.

Territory Business Manager

2 - 9 years exp.

District Sales Manager

7 - 16 years exp.

58% hike

Zonal Sales Manager

10 - 24 years exp.

96% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Glenmark Pharmaceuticals

Area Sales Manager Salary

(12 salaries)

₹4.92 L/yr - ₹19.34 L/yr

Territory Sales Manager Salary

(5 salaries)

₹3.8 L/yr - ₹5.15 L/yr

Area Business Manager Salary

(5 salaries)

₹5.9 L/yr - ₹8 L/yr

Top skills at Glenmark Pharmaceuticals for Territory Business Manager

Usage Product Management Sales

Salary related reviews for Glenmark Pharmaceuticals

4.5

Rated by 10 employees for salary & benefits

Field Sales Officer in Kozhikode

Full Time

Research & Development Department

5.0

• posted on 10 Dec 2024

2.0

for Salary and Benefits

Likes

Culture is good

Skill development - Excellent

+5 more

Dislikes

There is no distinction in compensation for senior employees. A person with only one year of experience joining Glenmark receives the same package as someone who has been with the company for 10 years.

Salary - Poor

Field Sales Officer (working remotely)

Full Time

Marketing & Communication Department

2.0

• posted on 05 Oct 2023

2.0

for Salary and Benefits

Likes

Salary is good. Skills enhancement

Dislikes

Very pathetic environment They give so much pressure to employees for Target. Target should be achieved any means. Senior managers also know that medical reps are exporting medicines but this is always done Management give unachievable targets Please doint join this company

Salary - Poor

+4 more

Field Sales Officer in Mumbai

Marketing & Communication Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...anagement is very supportive and transperant.. Company policies are very good... Yearly increments, bonus are very huge based on our performances...Am very glad to say GLENMARK is my PRIDE...

Salary - Excellent

+6 more

Field Sales Officer in Mumbai

Marketing & Communication Department

5.0

• posted on 06 Jul 2020

5.0

for Salary and Benefits

Likes

Great working environment and culture. During this pandamic suitiation company give us our salary,expenses and even incentives on time.

Salary - Excellent

+6 more

Dislikes

Career grow is slow,bcoz nobody wants to leave the company so you can't get the promotion easily.

Medical Representative in Mumbai

Marketing & Communication Department

5.0

• posted on 05 Jul 2020

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

Nothing. Evening is good

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Glenmark Pharmaceuticals Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Glenmark Pharmaceuticals in Mumbai?

The average salary of a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai typically ranges from ₹3.6 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Territory Business Manager in Mumbai at Glenmark Pharmaceuticals earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Territory Business Manager Salaries at Glenmark Pharmaceuticals 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 10+ Glenmark Pharmaceuticals employees in India.

What is the estimated take home salary of a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai?

The estimated take-home salary of a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai typically ranges from ₹37,592 to ₹38,794 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 2 years to 7 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 10+ salaries received from various employees of Glenmark Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai?

To be a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai, the key skills required include:

- Usage
- Product Management
- Sales

These skills are highly valued at Glenmark Pharmaceuticals and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Glenmark Pharmaceuticals for Territory Business Manager in India?

ICICI Home Finance	₹8.4 Lakhs to ₹16.0 Lakhs per year
AstraZeneca	₹3.5 Lakhs to ₹12.0 Lakhs per year
Dr. Reddy's	₹4.2 Lakhs to ₹7.4 Lakhs per year
Abbott	₹2.6 Lakhs to ₹9.3 Lakhs per year
Bharat Serums and Vaccines	₹4.0 Lakhs to ₹6.2 Lakhs per year

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

How the salary growth look like for a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai?

The salary growth for a Territory Business Manager at Glenmark Pharmaceuticals in Mumbai depends on factors such as experience, performance, and promotions. On average, a Territory Business Manager in Mumbai can expect the following growth trajectory at Glenmark Pharmaceuticals:

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹8.2 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹3.7 Lakhs to ₹8.9 Lakhs per year

and so on.

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Glenmark Pharmaceuticals Territory Business Manager Salaries in Mumbai

Glenmark Pharmaceuticals Territory Business Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Glenmark Pharmaceuticals latest salaries received from various employees of Glenmark Pharmaceuticals.

Glenmark Pharmaceuticals Territory Business Manager salaries in Mumbai (Updated 2025)

Companies similar to Glenmark Pharmaceuticals for Territory Business Manager in Mumbai

Latest annual salaries shared by Glenmark Pharmaceuticals Territory Business Manager in Mumbai

Experience wise Glenmark Pharmaceuticals Territory Business Manager salaries in Mumbai

Similar Designation salaries in Glenmark Pharmaceuticals

Top skills at Glenmark Pharmaceuticals for Territory Business Manager

Salary related reviews for Glenmark Pharmaceuticals

Field Sales Officer in Kozhikode

Field Sales Officer (working remotely)

Field Sales Officer in Mumbai

Field Sales Officer in Mumbai

Medical Representative in Mumbai

Glenmark Pharmaceuticals Territory Business Manager Salary FAQs

Tell us how to improve this page.