HI-FAB Engineers Business Development Manager Salaries by 3 Employees

3 - 5 years exp.

₹6 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average Business Development Manager Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
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Procurement & Supply Chain Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 12 Nov 2023

Companies similar to HI-FAB Engineers for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Mitsubishi Heavy Industries Business Development Manager Salary 4 - 16 years exp. (6 salaries)	₹6.2 L/yr - ₹20 L/yr 79% more
Ajay Industrial Corporation Business Development Manager Salary 3 - 11 years exp. (4 salaries)	₹4.4 L/yr - ₹6.5 L/yr 43% less
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Shree Enterprises Business Development Manager Salary 0 - 19 years exp. (4 salaries)	₹2.4 L/yr - ₹13.9 L/yr 4% less
Ewac Alloys Business Development Manager Salary 0 - 17 years exp. (3 salaries)	₹7 L/yr - ₹28 L/yr 100% more
Mehta Cad Cam Systems Business Development Manager Salary 4 - 15 years exp. (3 salaries)	₹3.2 L/yr - ₹5.3 L/yr 46% less

Business Development Manager salary at HI-FAB Engineers ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of HI-FAB Engineers.

Experience wise HI-FAB Engineers Business Development Manager salaries

Last Updated: 12 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in HI-FAB Engineers

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.9 L/yr - ₹11.4 L/yr

Sales Manager Salary

(5 salaries)

₹13.1 L/yr - ₹18 L/yr

Salary related reviews for HI-FAB Engineers

Quality Engineer in Vapi

Full Time

Quality Assurance Department

3.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

Work life balance is great if you work in the factory. No calls no emails after work hours or on holidays. People are quite supportive and come together to resolve problems.

Job security - Excellent

+3 more

Dislikes

Compensation is average considering market standards and training is non existent.

Skill development - Poor

Sales & Marketing in Mumbai

Data Science & Analytics Department

4.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...the product quality is good which leads to less failure rate and site visits. Apart from salary rest all the work processes takes unnecessary times and delay. Job security is not there, and you can be fired if mangement does not see any output from your side or if they feel that you are not obeying the management decisions.

Job security - Good

+1 more

Dislikes

Skill development - Poor
Promotions - Poor

+2 more

Associate Manager in Daman & Diu

Full Time

Human Resources Department

4.0

• posted on 13 Dec 2022

3.0

for Salary and Benefits

Likes

What I like about HI-FAB is the culture and positive approach. Each and every employee has strong engagement and a growth path in the organization.

Skill development - Good

+2 more

Dislikes

No one is 100% perfect and there is always a chance of improvement which HI-FAB always looks after.

Associate Product Manager

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2019

4.0

for Salary and Benefits

Likes

Directors are best ever I have encountered. If you perform you get oppertunity. New comers are bringing new ideas and young management is sharing experience .... and organisation is pacing up the speed. Join now and be the member of surging organisation towards the new era.

Salary - Good

+6 more

Dislikes

Sometime I am facing difficulty to work-life balance.

Senior Human Resource Officer in Daman & Diu

Human Resources Department

5.0

• posted on 15 Mar 2019

4.0

for Salary and Benefits

Likes

At HI-FAB each and every employee gets equal opportunity to grow in his or her way, we don't just say that HI-FAB is a family but we actually work and celebrate evey moment as a family.

Salary - Good

+6 more

Dislikes

As such there is no dislike from my side otherwise i would have gone from here but because I am encouraged n getting good opportunity to grow I am associated with HI-FAB ENGINEERS PVT. LTD. since last 3.5 years and more to go....

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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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HI-FAB Engineers Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at HI-FAB Engineers in India?

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

Experience	Average Salary Range
3 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
4 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
5 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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HI-FAB Engineers Business Development Manager Salaries

HI-FAB Engineers Business Development Manager salary in India ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HI-FAB Engineers latest salaries received from various employees of HI-FAB Engineers.