Shyam Steel Industries Business Development Manager Salaries by 7 Employees (Updated 2025)

5 - 17 years exp.

₹10 Lakhs - ₹18 Lakhs

Salary of majority employees

71% more than the average Business Development Manager Salary in Iron & Steel Companies for 5 - 17 years of experience

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Last Updated: 18 Dec 2024

Companies similar to Shyam Steel Industries for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Business Development Manager Salary 0 - 11 years exp. (35 salaries)	₹6.8 L/yr - ₹27 L/yr 22% more
JSW Steel Business Development Manager Salary 2 - 8 years exp. (5 salaries)	₹5 L/yr - ₹17.2 L/yr 17% less
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Jindal Steel and Power Business Development Manager Salary 5 - 12 years exp. (3 salaries)	₹3 L/yr - ₹15.8 L/yr 11% less
ArcelorMittal Nippon Steel Business Development Manager Salary 10 - 22 years exp. (12 salaries)	₹5 L/yr - ₹17.9 L/yr 5% less
Vedanta Resources Business Development Manager Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹21.5 L/yr 4% less
Jindal Stainless Business Development Manager Salary 2 - 16 years exp. (9 salaries)	₹13.4 L/yr - ₹18.2 L/yr 14% more
B5 Plus Business Development Manager Salary 7 - 9 years exp. (5 salaries)	₹7.9 L/yr - ₹20 L/yr 4% less
APL Apollo Tubes Business Development Manager Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹16 L/yr 13% less
JSW Group Business Development Manager Salary 4 - 17 years exp. (4 salaries)	₹4 L/yr - ₹28 L/yr 15% less

Business Development Manager salary at Shyam Steel Industries ranges between ₹10 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Shyam Steel Industries.

Experience wise Shyam Steel Industries Business Development Manager salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹22.5 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.6 L/yr
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7 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
8 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.6 L/yr
13 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr

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Similar Designation salaries in Shyam Steel Industries

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹15.7 L/yr - ₹20 L/yr

Business Development Executive Salary

(4 salaries)

₹3.1 L/yr - ₹4.4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Sales Manager Salary

(3 salaries)

₹10.5 L/yr - ₹22.2 L/yr

Area Sales Manager Salary

(50 salaries)

₹4.48 L/yr - ₹14 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(48 salaries)

₹4.45 L/yr - ₹9 L/yr

Top skills at Shyam Steel Industries for Business Development Manager

Business Strategy B2B Sales Strategic Planning SAP HCM Business Development Management B2B Sales Communication Skills Business Development Web Technologies Proposal Development Sales HRIS HRMS Revenue Planning Opportunity Identification

Salary related reviews for Shyam Steel Industries

Sales Officer in Bhadrak (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 20 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like. Very bad organisation.

Dislikes

...t didn't know how to talk to company officer. The management and HR is very bad. Very poor salary and accommodation zero like .

Salary - Bad

+6 more

Marketing Manager in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 06 Dec 2024

3.0

for Salary and Benefits

Likes

Timely Salary, Job security in Project Division, Yearly increment,Nice place to learn, No target in Project Marketing Division

Job security - Good

+1 more

Dislikes

Didn't have any concept of promotion, Senior will involve you in unnecessary work, baisedness of management towards senior level manager

Skill development - Poor

+1 more

Sales And Strategy Manager in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 24 Dec 2024

3.0

for Salary and Benefits

Likes

Moderate work pressure, proper and timely salary disbursement within 4th of every month.

Work-life balance - Excellent

Dislikes

Work culture is worst, hell for senior level, attrition rate is too high. MD uses slangs, abus s, does not know to respect his employees.

Skill development - Bad

+4 more

Accounts Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Working with Shyam steel has been a great journey so far. Their salary is on time and you get payslips on time. Yearly bonus and calendar holidays.

Salary - Excellent

+2 more

Dislikes

Well since I have been working for a US market I think we should get the US holidays

Deputy Talent Acquisition Manager in Kolkata

Full Time

Human Resources Department

5.0

• posted on 02 Sep 2023

5.0

for Salary and Benefits

Likes

The work life balance provided is really commendable. The supervisor never calls after office hours(if not a real emergency). No need to crib about leaves, can be availed easily. Directors are quite down to earth

Salary - Excellent

+5 more

Dislikes

... employees still work by buttering seniors. Performance management not present..appraisal is done according to salary not on individual performance. Whatever the director says is right

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Shyam Steel Industries Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Shyam Steel Industries?

Business Development Manager salary at Shyam Steel Industries in India ranges between ₹10.0 Lakhs to ₹18.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 71% more than the average Business Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Shyam Steel Industries India.

How does the salary of a Business Development Manager at Shyam Steel Industries India compare with the average salary range for this job?

The average salary of a Business Development Manager at Shyam Steel Industries is 71% more than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Shyam Steel Industries?

Business Strategy, B2B Sales, Strategic Planning, SAP HCM and Business Development Management are some of the popular skills required to work as a Business Development Manager at Shyam Steel Industries India.

Which similar companies are paying more than Shyam Steel Industries to a Business Development Manager in India?

Tata Steel Business Development Manager Salary - ₹6.8 Lakhs to ₹27.0 Lakhs per year
Jindal Stainless Business Development Manager Salary - ₹13.4 Lakhs to ₹18.2 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Shyam Steel Industries in India?

Vedanta Resources Business Development Manager Salary - ₹3.1 Lakhs to ₹21.5 Lakhs per year
B5 Plus Business Development Manager Salary - ₹7.9 Lakhs to ₹20.0 Lakhs per year
ArcelorMittal Nippon Steel Business Development Manager Salary - ₹5.0 Lakhs to ₹17.9 Lakhs per year
Jindal Steel and Power Business Development Manager Salary - ₹3.0 Lakhs to ₹15.8 Lakhs per year
APL Apollo Tubes Business Development Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Shyam Steel Industries in India?

The estimated take-home salary of a Business Development Manager at Shyam Steel Industries ranges between ₹91,217 per month to ₹93,623 per month in India. The take-home salary calculation is based on the average Shyam Steel Industries Business Development Manager salary in India which ranges between ₹10.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Shyam Steel Industries?

According to AmbitionBox, 60% of the Shyam Steel Industries Business Development Managers reported a notice period of 2 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Shyam Steel Industries Business Development Manager Salaries

Shyam Steel Industries Business Development Manager salary in India ranges between ₹10 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shyam Steel Industries latest salaries received from various employees of Shyam Steel Industries.