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Lakshmi Machine Works Business Development Manager salaries in India

Annual salary range
5 - 9 years exp.
₹9 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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102% more than the average Business Development Manager Salary in Industrial Machinery Companies for 5 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
5 - 9 years exp. (3 salaries)
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₹16 L/yr - ₹18 L/yr

Marketing & Communication
Business Development Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Lakshmi Machine Works for Business Development Manager

Company name Avg Annual Salary Open Jobs
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ABB Business Development Manager Salary

9 - 17 years exp. (41 salaries)

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₹9.2 L/yr - ₹30.4 L/yr

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TÜV SÜD Business Development Manager Salary

4 - 12 years exp. (40 salaries)

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₹5.4 L/yr - ₹16 L/yr

arrow icon 36% less
3 job openings
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Hilti Business Development Manager Salary

6 - 14 years exp. (26 salaries)

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₹13.5 L/yr - ₹35 L/yr

arrow icon 40% more
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₹6.6 L/yr - ₹25 L/yr

arrow icon 6% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 63% less
5 job openings
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₹16.4 L/yr - ₹28.5 L/yr

arrow icon 48% more
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₹5.6 L/yr - ₹11.2 L/yr

arrow icon 44% less
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₹8.2 L/yr - ₹22 L/yr

arrow icon 18% less
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₹14.5 L/yr - ₹17 L/yr

arrow icon 3% more
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TKIL Business Development Manager Salary

1 - 13 years exp. (5 salaries)

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₹14 L/yr - ₹15.1 L/yr

arrow icon 6% less
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Timken Business Development Manager Salary

8 - 17 years exp. (5 salaries)

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₹18.6 L/yr - ₹31.2 L/yr

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₹5.9 L/yr - ₹14 L/yr

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1 job opening
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₹17.8 L/yr - ₹41.3 L/yr

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₹18 L/yr - ₹25 L/yr

arrow icon 35% more
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Cummins Business Development Manager Salary

9 - 13 years exp. (4 salaries)

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₹15.1 L/yr - ₹39.1 L/yr

arrow icon 59% more
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Gmmco Business Development Manager Salary

8 - 25 years exp. (4 salaries)

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₹15 L/yr - ₹23 L/yr

arrow icon 21% more
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TechnipFMC Business Development Manager Salary

11 - 14 years exp. (4 salaries)

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₹18 L/yr - ₹20 L/yr

arrow icon 22% more
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Skipper Business Development Manager Salary

5 - 11 years exp. (3 salaries)

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₹9.2 L/yr - ₹13 L/yr

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₹9.6 L/yr - ₹18 L/yr

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₹22.3 L/yr - ₹25.5 L/yr

arrow icon 53% more
Business Development Manager salary at Lakshmi Machine Works ranges between ₹9 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works Business Development Manager

1y ago
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7 years exp.
1y ago
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9 years exp.
1y ago
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6 years exp.

Experience wise Lakshmi Machine Works Business Development Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
6 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.1 L/yr
7 years (AmbitionBox Estimate)

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₹13.8 L/yr - ₹17.6 L/yr
8 years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.5 L/yr

Similar Designation salaries in Lakshmi Machine Works

Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹10.3 L/yr - ₹12 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹9.2 L/yr - ₹11.7 L/yr
Deputy Manager Salary
(42 salaries)
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₹9 L/yr - ₹17.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
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₹16 L/yr - ₹21 L/yr
Sales Manager Salary
(5 salaries)
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₹15.1 L/yr - ₹19.5 L/yr
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₹3.6 L/yr - ₹5.5 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Sales Officer Salary
(4 salaries)
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₹2.35 L/yr - ₹3 L/yr

Top skills at Lakshmi Machine Works for Business Development Manager

Business Development Management Brand Campaigns Inside Sales Product Development Advertising Business Development Brand Management Brand Communication Marketing Management Lead Management Marketing Marketing Communication Lead Generation Marketing Programs

Salary related reviews for Lakshmi Machine Works

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 06 Oct 2023

4.0
 for  Salary and Benefits

Likes

For sales and service traveling expenses are really good. New joiners gets attractive packages.

  • Salary - Good
  • +3 more

Dislikes

No value for old employees. Less appraisal. Salary of loyal employees will be very less compared to new joiners.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 12 Sep 2023

3.0
 for  Salary and Benefits

Likes

No positives

  • Promotions - Good

Dislikes

...agers frequently bothering even during medical leave due to system shortcomings. High attrition rates plague SCM, exacerbated by attractive salary offers that ultimately lead to rapid resignations due to this culture less working environment. Prospective employees are requested to thoroughly investigate before joining or don't consider this organization.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 30 Dec 2022

2.0
 for  Salary and Benefits

Likes

Ya best company to work but the one below management is very very poor. Can learn lot of things and can take the product owner ship but work life balance is very worst in the present management. And need to work only for one person in the company not for the betterment of company growth. And work life balance is very very very poor.

read more
  • Skill development - Good

Dislikes

Salary, work life balance and very worst culture

  • Salary - Poor
  • +4 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 12 Feb 2023

4.0
 for  Salary and Benefits

Likes

Salary and Other supports by the management are Highlights.

  • Salary - Good
  • +1 more

Dislikes

Employees will show every day that its a naidu concern. They don't worry about the communication. How worst is they talk in telegu in a meeting , even team things inside the team.

read more
  • Skill development - Poor
  • +3 more

Sales & Business Development Department

3.0
  •  posted on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

Timely salary.

  • Job security - Excellent

Dislikes

1. Travel re-imbursement takes 4 months to come. 2. Application team don't support sales team. 3. Higher cost than other competitors. 4. Visionless management. 5. No correlation between departments 6. Non cooperative HR 7. Discrimination between employees. 8. Impractical sales Targets 9. Communication gap. 10. Head office people don't even receive calls. 11. Adament attitude. 12. Even bad behaviour with small scale customers. 13. Roles are not defined.

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

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Lakshmi Machine Works Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Lakshmi Machine Works ?
The average salary of a Business Development Manager at Lakshmi Machine Works in India typically ranges from ₹9.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Business Development Manager at Lakshmi Machine Works earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Business Development Manager Salaries at Lakshmi Machine Works 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 Lakshmi Machine Works employees in India.
What is the estimated take home salary of a Business Development Manager at Lakshmi Machine Works in India?
The estimated take-home salary of a Business Development Manager at Lakshmi Machine Works in India typically ranges from ₹1,05,286 to ₹1,08,178 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 Lakshmi Machine Works. 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 Lakshmi Machine Works ?
To be a Business Development Manager at Lakshmi Machine Works in india, the key skills required include:

  • - Business Development Management
  • - Brand Campaigns
  • - Inside Sales
  • - Product Development
  • - Advertising

These skills are highly valued at Lakshmi Machine Works and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Lakshmi Machine Works for Business Development Manager in India?
Danfoss Industries ₹17.8 Lakhs to ₹41.3 Lakhs per year
Cummins ₹15.1 Lakhs to ₹39.1 Lakhs per year
Timken ₹18.6 Lakhs to ₹31.2 Lakhs per year
Isgec Heavy Engineering ₹22.3 Lakhs to ₹25.5 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹16.4 Lakhs to ₹28.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lakshmi Machine Works, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Lakshmi Machine Works in India?
The salary of a Business Development Manager at companies similar to Lakshmi Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hilti ₹13.5 Lakhs to ₹35.0 Lakhs per year
Forbes Marshall ₹18.0 Lakhs to ₹25.0 Lakhs per year
TechnipFMC ₹18.0 Lakhs to ₹20.0 Lakhs per year
Gmmco ₹15.0 Lakhs to ₹23.0 Lakhs per year
ABB ₹9.2 Lakhs to ₹30.4 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 Lakshmi Machine Works in India?
The salary growth for a Business Development Manager at Lakshmi Machine Works depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Lakshmi Machine Works:

Experience Average Salary Range
5 years ₹13.1 Lakhs to ₹16.7 Lakhs per year
6 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
7 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
8 years ₹14.1 Lakhs to ₹18.0 Lakhs per year
and so on.

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Lakshmi Machine Works Business Development Manager salary in India ranges between ₹9 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.