Shakti Pumps Raipur Business Development Manager Salaries by 7 Employees

3 - 10 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Business Development Manager Salary in Industrial Machinery Companies for 3 - 10 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr
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Production, Manufacturing & Engineering Business Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr

Last Updated: 17 Jun 2024

Companies similar to Shakti Pumps for Business Development Manager in Raipur

Shakti Pumps Business Development Manager Salary

3 - 10 years exp. (7 salaries)

₹3.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Nibav Lifts Business Development Manager Salary 4 - 11 years exp. (8 salaries)	₹5.5 L/yr - ₹8 L/yr 49% more	13 job openings
HDFC Bank Business Development Manager Salary 6 - 14 years exp. (7 salaries)	₹9.2 L/yr - ₹17.4 L/yr 140% more	3 job openings
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Mahindra Logistics Business Development Manager Salary 5 - 12 years exp. (6 salaries)	₹4.5 L/yr - ₹7.5 L/yr 28% more	1 job opening
Aditya Birla Sun Life Insurance Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹3.8 L/yr - ₹4.7 L/yr 18% less
Methodex Business Development Manager Salary 7 - 15 years exp. (5 salaries)	₹4.2 L/yr - ₹6.5 L/yr 9% more	2 job openings

Business Development Manager salary at Shakti Pumps ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Shakti Pumps.

Experience wise Shakti Pumps Business Development Manager salaries in Raipur

Last Updated: 17 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr

View all

Top skills at Shakti Pumps for Business Development Manager

Industrial Sales Relationship Channel Sales Mechanical Business Dev Sales Electricals Channel Development Business Development Management International Sales Export Export Marketing Piping Foreign Trade

Salary related reviews for Shakti Pumps

Design Executive in Pithampur

Research & Development Department

2.0

• posted on 24 May 2022

1.0

for Salary and Benefits

Likes

...elopment. But the work life balance and HR policies are worst for the employees. Also there is no timely appraisals and proper salary structure as per the industry standards.

Skill development - Good

Dislikes

Worst HR policies and compensations.

Salary - Bad

+5 more

Data Entry Operator in Industrial Area Pithampur Dist Dhar Mp

Cantroal panel dpt. Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is no such dislike point related to work

Production Engineer in Indore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Jun 2024

1.0

for Salary and Benefits

Likes

Shakti Pumps pvt Ltd is biggest group of Pithampur it's export to 125 country if talk about company profit 142 crore get this year Thare are many types of product manufacturers, assembly and machining also like as motor, startar,sour pannel, cable's and pipes.

Work satisfaction - Excellent

+2 more

Dislikes

Can't be determined

Salary - Bad

+3 more

Sales Officer in Buxar

Full Time

Sales & Business Development Department

5.0

• posted on 08 Aug 2023

3.0

for Salary and Benefits

Likes

Nice to work in shakti pumps got to learn a lot if company gives chance to work in bihar i would like to do it again

Skill development - Good

+3 more

Dislikes

The submersible rate of Shakti pumps is high, if it is reduced then it will give good results in states like Bihar.

Job security - Poor

+1 more

Business Development Manager in Pithampur

Full Time

Sales & Business Development Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

working culture is good, colleagues and senior keep healthy relation with each other.

Company culture - Good

Dislikes

No learning or skill development is Zero, Appraisal and extra benefit are zero. they change the rule according to their benefit.

Salary - Poor

+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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Shakti Pumps Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Shakti Pumps in Raipur?

The average salary of a Business Development Manager at Shakti Pumps in Raipur typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Business Development Manager in Raipur at Shakti Pumps earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Development Manager Salaries at Shakti Pumps 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 7 Shakti Pumps employees in India.

What is the estimated take home salary of a Business Development Manager at Shakti Pumps in Raipur?

The estimated take-home salary of a Business Development Manager at Shakti Pumps in Raipur typically ranges from ₹37,731 to ₹38,930 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 7 salaries received from various employees of Shakti Pumps. 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 Shakti Pumps in Raipur?

To be a Business Development Manager at Shakti Pumps in Raipur, the key skills required include:

- Industrial Sales
- Relationship
- Channel Sales
- Mechanical
- Business Dev

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

Which companies offer higher salaries than Shakti Pumps for Business Development Manager in India?

HDFC Bank	₹9.2 Lakhs to ₹17.4 Lakhs per year
Nibav Lifts	₹5.5 Lakhs to ₹8.0 Lakhs per year
Mahindra Logistics	₹4.5 Lakhs to ₹7.5 Lakhs per year
Methodex	₹4.2 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Shakti Pumps in Raipur?

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

Aditya Birla Sun Life Insurance

₹3.8 Lakhs to ₹4.7 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 Shakti Pumps in Raipur?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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Shakti Pumps Business Development Manager Salaries in Raipur

Shakti Pumps Business Development Manager salary in Raipur ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shakti Pumps latest salaries received from various employees of Shakti Pumps.