INDO-MIM Business Development Engineer Salaries by 5 Employees

1 - 3 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Business Development Engineer Salary in Metals & Mining Companies for 1 - 3 years of experience

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Salaries in different departments

Sales & Business Development Business Development Engineer Salary 2 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr
Marketing & Communication Business Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Production, Manufacturing & Engineering Business Development Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 5 Oct 2024

Companies similar to INDO-MIM for Business Development Engineer

Company name	Avg Annual Salary	Open Jobs
Grindwell Norton Business Development Engineer Salary 1 - 8 years exp. (21 salaries)	₹4.6 L/yr - ₹10.6 L/yr 110% more
Nuvoco Vistas Business Development Engineer Salary 2 - 6 years exp. (20 salaries)	₹2.5 L/yr - ₹6.1 L/yr 14% more
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SFO Technologies Business Development Engineer Salary 1 - 5 years exp. (14 salaries)	₹2.3 L/yr - ₹3.9 L/yr 11% less
Saint-Gobain Abrasives Business Development Engineer Salary 0 - 4 years exp. (13 salaries)	₹4 L/yr - ₹10 L/yr 100% more
Keller Ground Engineering Business Development Engineer Salary 3 - 6 years exp. (10 salaries)	₹5 L/yr - ₹6.2 L/yr 45% more

Business Development Engineer salary at INDO-MIM ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of INDO-MIM .

Experience wise INDO-MIM Business Development Engineer salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Similar Designation salaries in INDO-MIM

Business Development Associate Salary

(3 salaries)

₹3.3 L/yr - ₹3.5 L/yr

Business Development Executive Salary

(4 salaries)

₹3.5 L/yr - ₹4 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.7 L/yr - ₹26.07 L/yr

Senior Sales Executive Salary

(4 salaries)

₹5.5 L/yr - ₹6.35 L/yr

Marketing Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Team Lead Salary

(13 salaries)

₹3.85 L/yr - ₹13.4 L/yr

Salary related reviews for INDO-MIM

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Personal work life balance and job security is too good

Job security - Good

+1 more

Dislikes

There is no proper work culture here, and no salary increment as per experience and talent, no encouragement for real talent. Especially no value for Designers, no one knows the value of a Designer here. Equal salary for ITI guy and also a Engineer guy, No value for qualifications. And one more very bad culture is, when someone resigned, no one will ask for stayback or nobody will ask about this situation or the problem.

Salary - Poor

+1 more

Employee Relations Executive in Dod Ballapur

Full Time

Media Production & Entertainment Department

2.0

• posted on 16 Oct 2023

1.0

for Salary and Benefits

Likes

🤐 😡 I am just working for my commitment's and it's important for my family commitment

Dislikes

Low pay 😡 Inflexible work schedules i don't like management culture Company not recognize my qualifications

Salary - Bad

+6 more

Quality Specialist in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 13 Jun 2023

5.0

for Salary and Benefits

Likes

Very good work life balance they care about employee’s personal time. Very good salary increments, less work pressure.

Salary - Excellent

+4 more

Dislikes

It’s not dislike just a suggestion. Promotions are less likely to happen bcz of minimal resignations. Work culture of people is not in trend it’s like before 10years.

Legal & Regulatory - Other in Bangalore / Bengaluru

Intern

Legal & Regulatory Department

5.0

• posted on 18 Jan 2024

5.0

for Salary and Benefits

Likes

...tes will get good exposure of MIM, Defence, Aerospace, Investment casting etc. On time salary on or before month last date. Annual medical examination who are working in shop floors and some other certical department. Multinational company having branch, sales office and subsidiary in overseas countries.

Salary - Excellent

+6 more

Dislikes

Could be better infrastructure

CNC Operator in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 19 May 2023

2.0

for Salary and Benefits

Likes

The security of job and the company is already has gain Multi national company award. The company is devloping but not the employed salary😑

Job security - Good

+1 more

Dislikes

The indomim mangments team never show sympathy on employs. No salary incruments, they never give you to gain knowledge to freshers. Just doing work, work, production, etc

Salary - Poor

+1 more

see more salary related reviews

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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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INDO-MIM Business Development Engineer Salary FAQs

What is the salary of Business Development Engineer at INDO-MIM ?

The average salary of a Business Development Engineer at INDO-MIM in India typically ranges from ₹3.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Business Development Engineer at INDO-MIM earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Engineer Salaries at INDO-MIM 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 INDO-MIM employees in India.

What is the estimated take home salary of a Business Development Engineer at INDO-MIM in India?

The estimated take-home salary of a Business Development Engineer at INDO-MIM in India typically ranges from ₹26,836 to ₹28,248 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 INDO-MIM . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than INDO-MIM for Business Development Engineer in India?

Grindwell Norton	₹4.6 Lakhs to ₹10.6 Lakhs per year
Saint-Gobain Abrasives	₹4.0 Lakhs to ₹10.0 Lakhs per year
Keller Ground Engineering	₹5.0 Lakhs to ₹6.2 Lakhs per year
Nuvoco Vistas	₹2.5 Lakhs to ₹6.1 Lakhs per year

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

What is the salary of a Business Development Engineer in companies similar to INDO-MIM in India?

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

SFO Technologies

₹2.3 Lakhs to ₹3.9 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 Development Engineer at INDO-MIM in India?

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

Experience	Average Salary Range
1 year	₹3.5 Lakhs to ₹6.5 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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INDO-MIM Business Development Engineer Salaries

INDO-MIM Business Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 INDO-MIM latest salaries received from various employees of INDO-MIM .