Insteel Engineers Business Development Manager Salaries by 4 Employees

5 - 11 years exp.

₹8.4 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Business Development Manager Salary in Engineering & Construction Companies for 5 - 11 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Insteel Engineers for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Cadeploy Engineering Business Development Manager Salary 8 - 14 years exp. (9 salaries)	₹9 L/yr - ₹12 L/yr 7% more
ABCI Infrastructures Business Development Manager Salary 3 - 15 years exp. (4 salaries)	₹5 L/yr - ₹25.5 L/yr 59% more
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ATS Group Business Development Manager Salary 13 - 16 years exp. (4 salaries)	₹17 L/yr - ₹19 L/yr 89% more
BYJU'S Business Development Manager Salary 1 - 8 years exp. (3.9k salaries)	₹6 L/yr - ₹16.5 L/yr 5% more
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.9k salaries)	₹1.7 L/yr - ₹5.5 L/yr 60% less	154 job openings

Business Development Manager salary at Insteel Engineers ranges between ₹8.4 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Insteel Engineers.

Experience wise Insteel Engineers Business Development Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.7 L/yr
6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹17.6 L/yr

View all

Similar Designation salaries in Insteel Engineers

Business Development Executive Salary

(3 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Top skills at Insteel Engineers for Business Development Manager

New Business Development Business Development Management

Salary related reviews for Insteel Engineers

1.0

Rated by 2 employees for salary & benefits

BIM Modeller in Navi Mumbai

Research & Development Department

1.0

• posted on 17 Sep 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...client that they work on lod 350 to 500 but they don't even know they lod 300. And whoever goes by giving a proper resign from the company, they have never given salary to them, also experience certificates. They shamelessly cut the salary without giving any valid reason. Your skills and qualifications doesn't have any value there. They treat there old employee in this manner what u can expect with newcomer This was my experience with this company i worked there more then 5.5years

Salary - Bad

+6 more

Tekla Modeller in Navi Mumbai

Steel Detailing Department

1.0

• posted on 01 Dec 2021

1.0

for Salary and Benefits

Likes

People with good knowledge in structural design & detailing please stay away. It works on 'jugaad' only. You don't have any place there.

Dislikes

They shamelessly cut the salary without giving any valid reason. Your skills and qualifications doesn't have any value there.

Salary - Bad

+6 more

Business Development Manager in Mumbai

Full Time

Business Development Department

1.0

• posted on 09 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

Overall INSTEEL as a Company. They show they are expart in steel design but they don't a minimum strength to design a PEB structure. The MD Mr. Raju Jagtap doesn't have a minimum knowledge of construction business. If anyone asks a steel price... He simply says " Suyog ko puchu" .....INSTEEL shows they r big company having design built solution but as per my understanding, they r as good as street side labour contractor......

Salary - Bad

+6 more

Business Development Manager in Navi Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 19 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The director Raju doesn't know anything about steel construction. If anything asked about quotation, he says talk to Suyog ......they know how to work in a labour basis .....this is their limitations.... Moreover Raju & Suyog is a cheater....they have not given my 47k. Be careful about Raju ,Suyog and INSTEEL

Salary - Bad

+6 more

HSE Officer in Navi Mumbai

Other Department

5.0

• posted on 02 May 2022

4.0

for Salary and Benefits

Likes

Positive culture in HSE Culture. Conducted the safety motivational incentives implementation of documentation and responsibilities of rules of Employees. In every three month's conducting the internal audit and every 06 one mock drill and external audit.

Salary - Good

+6 more

Dislikes

Poor communication

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Salary Discussions, Hike & Promotions

a manager - business analyst

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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Insteel Engineers Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Insteel Engineers ?

The average salary of a Business Development Manager at Insteel Engineers in India typically ranges from ₹8.4 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Business Development Manager at Insteel Engineers earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Business Development Manager Salaries at Insteel Engineers 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 Insteel Engineers employees in India.

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

The estimated take-home salary of a Business Development Manager at Insteel Engineers in India typically ranges from ₹68,968 to ₹70,739 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 years to 11 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 Insteel Engineers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Insteel Engineers ?

To be a Business Development Manager at Insteel Engineers in india, the key skills required include:

- New Business Development
- Business Development Management

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

Which companies offer higher salaries than Insteel Engineers for Business Development Manager in India?

ATS Group	₹17.0 Lakhs to ₹19.0 Lakhs per year
ABCI Infrastructures	₹5.0 Lakhs to ₹25.5 Lakhs per year
Cadeploy Engineering	₹9.0 Lakhs to ₹12.0 Lakhs per year
BYJU'S	₹6.0 Lakhs to ₹16.5 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Insteel Engineers in India?

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

IndusInd Bank

₹1.7 Lakhs to ₹5.5 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 Insteel Engineers in India?

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

Experience	Average Salary Range
5 years	₹9.0 Lakhs to ₹16.7 Lakhs per year
6 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
7 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
8 years	₹8.6 Lakhs to ₹10.9 Lakhs per year

and so on.

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Insteel Engineers Business Development Manager Salaries

Insteel Engineers Business Development Manager salary in India ranges between ₹8.4 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Insteel Engineers latest salaries received from various employees of Insteel Engineers.