Indoco Remedies Divisional Business Manager Salaries by 50+ Employees (Updated 2025)

10 - 20 years exp.

₹6.5 Lakhs - ₹10.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% less than the average Divisional Business Manager Salary in Pharma Companies for 10 - 20 years of experience

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Salaries in different departments

Sales & Business Development Divisional Business Manager Salary 10 - 20 years exp. (29 salaries)	₹6.8 L/yr - ₹10.9 L/yr
Marketing & Communication Divisional Business Manager Salary 10 - 19 years exp. (12 salaries)	₹6.8 L/yr - ₹10.3 L/yr
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Healthcare & Life Sciences Divisional Business Manager Salary 11 - 20 years exp. (4 salaries)	₹6.5 L/yr - ₹9.4 L/yr

Last Updated: 22 Mar 2025

Companies similar to Indoco Remedies for Divisional Business Manager

Company name	Avg Annual Salary	Open Jobs
Torrent Pharmaceuticals Divisional Business Manager Salary 22 - 25 years exp. (4 salaries)	₹18 L/yr - ₹19.2 L/yr 131% more
Tablets (India) Divisional Business Manager Salary 10 - 22 years exp. (17 salaries)	₹6.9 L/yr - ₹10.2 L/yr At par
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Aristo Pharmaceuticals Divisional Business Manager Salary 16 - 20 years exp. (7 salaries)	₹12.8 L/yr - ₹16.9 L/yr 82% more
RASI SEEDS Divisional Business Manager Salary 13 - 22 years exp. (5 salaries)	₹20.1 L/yr - ₹34.5 L/yr 262% more
Astrova Pharmaceuticals Divisional Business Manager Salary 17 - 19 years exp. (4 salaries)	₹9 L/yr - ₹11.5 L/yr 26% more

Divisional Business Manager salary at Indoco Remedies ranges between ₹6.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 51 latest salaries received from various employees of Indoco Remedies.

Latest annual salaries shared by Indoco Remedies Divisional Business Manager

1w ago

₹6.5 Lakhs

12 years exp.

1w ago

₹9 Lakhs

10 years exp.

1mo ago

₹10.9 Lakhs

20 years exp.

2mo ago

₹7.8 Lakhs

17 years exp.

3mo ago

₹8.3 Lakhs

17 years exp.

3mo ago

15 years exp.

5mo ago

12 years exp.

5mo ago

14 years exp.

5mo ago

18 years exp.

7mo ago

16 years exp.

Experience wise Indoco Remedies Divisional Business Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹7 L/yr - ₹9 L/yr
11 years (3 salaries)	₹7.5 L/yr - ₹8 L/yr
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12 years (4 salaries)	₹6.5 L/yr - ₹10 L/yr
13 years (3 salaries)	₹6.8 L/yr - ₹9.8 L/yr
14 years (7 salaries)	₹7.7 L/yr - ₹10.5 L/yr
15+ years (31 salaries)	₹6.7 L/yr - ₹10.9 L/yr

View all

Similar Designation salaries in Indoco Remedies

Area Business Manager Salary

(135 salaries)

₹3.55 L/yr - ₹8 L/yr

Business Manager Salary

(3 salaries)

₹3 L/yr - ₹3.5 L/yr

Zonal Sales Manager Salary

(15 salaries)

₹10.85 L/yr - ₹14.3 L/yr

Regional Manager Salary

(8 salaries)

₹7.75 L/yr - ₹9 L/yr

Territory Sales Manager Salary

(4 salaries)

₹2.7 L/yr - ₹4 L/yr

Area Sales Manager Salary

(61 salaries)

₹3 L/yr - ₹7.5 L/yr

Sales Manager Salary

(17 salaries)

₹12 L/yr - ₹21 L/yr

Marketing Manager Salary

(5 salaries)

₹10 L/yr - ₹19 L/yr

Deputy Manager Salary

(34 salaries)

₹8.5 L/yr - ₹15.7 L/yr

Area Manager Salary

(5 salaries)

₹4 L/yr - ₹6.6 L/yr

Salary related reviews for Indoco Remedies

4.0

Rated by 27 employees for salary & benefits

Divisional Business Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 31 Jan 2025

5.0

for Salary and Benefits

Likes

Salary is pretty good and working here helps to build your skills.

Salary - Excellent

+3 more

Dislikes

The work-culture is very poor. Seniors are prone to bring their people and the role of HR is totally zero. He listens what others tell him. And they always judge the cover not the book.

Job security - Bad

+2 more

Area Sales Manager in Mumbai

Spera Department

3.0

• posted on 09 Aug 2021

2.0

for Salary and Benefits

Likes

Good brands,salary comes in time.overall company is good, but still old school management.

Dislikes

...due to lots of formats you need to fill,same thing is asked in different format.salary is not up to the industry standards.

Salary - Poor

+3 more

Senior Officer in Mumbai

Full Time

Research & Development Department

3.0

• posted on 29 Jul 2024

2.0

for Salary and Benefits

Likes

Five day working. Best for Womens. Extra activities taken by HR are great. Having cultural events which only allows to perform head offices employees and HRs fevorite employee.

Dislikes

...s health issue is directly fired without any notice, so no work security at all. Also higher package employees are asked for leaving company and tortured. They recruiting contract base persons even if they hold post degrees, in less sallery.

Salary - Poor

+5 more

IT Officer in Navi Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 25 May 2023

1.0

for Salary and Benefits

Likes

Salary On Time

Dislikes

Worst Managment Worst HR policy Mr,Pravin Bothare he is HR manager , i dont no who hire him .. he is totally bulshit isko to bahar nikal dena chahiyee ek no ka gawthiii person he.. Isko kuch atta to nhi he khali chugli krta he managment koo..!

Salary - Bad

+6 more

Field Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Salary on time and learning

Job security - Good

Dislikes

Late sitting in R n D center Rabale mumbai as boss is coming late and sitting g upto 8 o clock of night and expecting his colleagues to sit till 8 in night though we are coming at 8.30 in morning.

Salary - Bad

+3 more

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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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Indoco Remedies Divisional Business Manager Salary FAQs

What is the salary of Divisional Business Manager at Indoco Remedies ?

The average salary of a Divisional Business Manager at Indoco Remedies in India typically ranges from ₹6.5 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Divisional Business Manager at Indoco Remedies earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.9 Lakhs per year. Divisional Business Manager Salaries at Indoco Remedies 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 50+ Indoco Remedies employees in India.

What is the estimated take home salary of a Divisional Business Manager at Indoco Remedies in India?

The estimated take-home salary of a Divisional Business Manager at Indoco Remedies in India typically ranges from ₹58,520 to ₹59,996 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from 10 years to 20 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 50+ salaries received from various employees of Indoco Remedies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indoco Remedies for Divisional Business Manager in India?

RASI SEEDS	₹20.1 Lakhs to ₹34.5 Lakhs per year
Torrent Pharmaceuticals	₹18.0 Lakhs to ₹19.2 Lakhs per year
Aristo Pharmaceuticals	₹12.8 Lakhs to ₹16.9 Lakhs per year
Astrova Pharmaceuticals	₹9.0 Lakhs to ₹11.5 Lakhs per year
Tablets (India)	₹6.9 Lakhs to ₹10.2 Lakhs per year

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

How the salary growth look like for a Divisional Business Manager at Indoco Remedies in India?

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

Experience	Average Salary Range
10 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
11 years	₹7.5 Lakhs to ₹8.0 Lakhs per year
12 years	₹6.5 Lakhs to ₹10.0 Lakhs per year
13 years	₹6.8 Lakhs to ₹9.8 Lakhs per year

and so on.

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Indoco Remedies Divisional Business Manager Salaries

Indoco Remedies Divisional Business Manager salary in India ranges between ₹6.5 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 51 Indoco Remedies latest salaries received from various employees of Indoco Remedies.