SKF Business Development Manager Salaries by 30+ Employees (Updated 2025)

8 - 15 years exp.

₹10 Lakhs - ₹24 Lakhs

Salary of majority employees

Fixed (89%)

₹15.2 Lakhs

Variable (11%)

₹1.9 Lakh

127% more than the average Business Development Manager Salary in Auto Components Companies for 8 - 15 years of experience

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Last Updated: 8 Mar 2025

Companies similar to SKF for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Timken Business Development Manager Salary 8 - 17 years exp. (4 salaries)	₹18.6 L/yr - ₹25 L/yr 34% more
Schaeffler India Business Development Manager Salary 10 - 12 years exp. (5 salaries)	₹14.5 L/yr - ₹27.7 L/yr 29% more
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Bharat Forge Business Development Manager Salary 4 - 13 years exp. (7 salaries)	₹8 L/yr - ₹25.5 L/yr 3% less
Samvardhana Motherson Group Business Development Manager Salary 7 - 22 years exp. (8 salaries)	₹15 L/yr - ₹41 L/yr 41% more	2 job openings
Bosch Business Development Manager Salary 4 - 21 years exp. (23 salaries)	₹8.9 L/yr - ₹29 L/yr 13% more	1 job opening
Asahi India Glass Business Development Manager Salary 9 - 14 years exp. (35 salaries)	₹8 L/yr - ₹12.7 L/yr 39% less	1 job opening
CIE Automotive Business Development Manager Salary 4 - 17 years exp. (8 salaries)	₹12.7 L/yr - ₹15 L/yr 16% less
Spark Minda Business Development Manager Salary 10 - 17 years exp. (7 salaries)	₹10.5 L/yr - ₹18 L/yr 23% less
Sandhar Technologies Business Development Manager Salary 10 - 16 years exp. (5 salaries)	₹12 L/yr - ₹16.2 L/yr 18% less
JBM Group Business Development Manager Salary 13 - 15 years exp. (5 salaries)	₹10 L/yr - ₹20.1 L/yr 3% less
Gabriel India Business Development Manager Salary 2 - 10 years exp. (5 salaries)	₹8.5 L/yr - ₹15.5 L/yr 29% less
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Tata AutoComp Systems Business Development Manager Salary 10 - 16 years exp. (6 salaries)	₹17 L/yr - ₹21 L/yr 13% more
Shriram Pistons & Rings Business Development Manager Salary 4 - 17 years exp. (4 salaries)	₹2 L/yr - ₹17.3 L/yr 46% less
Magna International Business Development Manager Salary 17 - 20 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 34% more
Lumax Industries Business Development Manager Salary 2 - 18 years exp. (3 salaries)	₹10 L/yr - ₹26 L/yr 5% less
Wheels Business Development Manager Salary 7 - 19 years exp. (3 salaries)	₹13.3 L/yr - ₹18.2 L/yr 13% less
Pricol Business Development Manager Salary 12 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹18 L/yr 22% less	1 job opening

Business Development Manager salary at SKF ranges between ₹10 Lakhs to ₹24 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 30 latest salaries received from various employees of SKF.

Experience wise SKF Business Development Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹24 L/yr
9 years (4 salaries)	₹11 L/yr - ₹29.3 L/yr
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10 years (7 salaries)	₹10 L/yr - ₹21.4 L/yr
11 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18 L/yr
12 years (6 salaries)	₹14.2 L/yr - ₹23.5 L/yr
13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹31.8 L/yr
14 years (4 salaries)	₹15 L/yr - ₹32.4 L/yr
15+ years (3 salaries)	₹7.3 L/yr - ₹20.4 L/yr

View all

Similar Designation salaries in SKF

Business Development Associate Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Business Manager Salary

(3 salaries)

₹20.2 L/yr - ₹29.5 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹29 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹10.65 L/yr - ₹12 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Area Sales Manager Salary

(47 salaries)

₹9.4 L/yr - ₹20 L/yr

Territory Sales Manager Salary

(17 salaries)

₹5.9 L/yr - ₹19.6 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for SKF

3.1

Rated by 9 employees for salary & benefits

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Job security - Excellent

+3 more

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Promotions - Bad

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Salary - Bad

+5 more

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Salary - Good

+5 more

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

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 - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

Machine Operator in Mysuru / Mysore

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. There is Good transport facility and they give good salary and canteen facility. This company give a good opportunity for fresher.On the job training is good for new joinees

Salary - Good

+4 more

Dislikes

Salary is decent but career growth is slow .There is no employeement in this company

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SKF Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SKF ?

The average salary of a Business Development Manager at SKF in India typically ranges from ₹10.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Business Development Manager at SKF earn more than ₹20.9 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Business Development Manager Salaries at SKF 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 30+ SKF employees in India.

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

The estimated take-home salary of a Business Development Manager at SKF in India typically ranges from ₹1,16,003 to ₹1,19,242 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 30+ salaries received from various employees of SKF. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Samvardhana Motherson Group	₹15.0 Lakhs to ₹41.0 Lakhs per year
Timken	₹18.6 Lakhs to ₹25.0 Lakhs per year
Magna International	₹18.0 Lakhs to ₹25.0 Lakhs per year
Schaeffler India	₹14.5 Lakhs to ₹27.7 Lakhs per year
Tata AutoComp Systems	₹17.0 Lakhs to ₹21.0 Lakhs per year

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

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

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

Bosch	₹8.9 Lakhs to ₹29.0 Lakhs per year
JBM Group	₹10.0 Lakhs to ₹20.1 Lakhs per year
Bharat Forge	₹8.0 Lakhs to ₹25.5 Lakhs per year
Lumax Industries	₹10.0 Lakhs to ₹26.0 Lakhs per year
Wheels	₹13.3 Lakhs to ₹18.2 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 SKF in India?

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

Experience	Average Salary Range
8 years	₹14.1 Lakhs to ₹24.0 Lakhs per year
9 years	₹11.0 Lakhs to ₹29.3 Lakhs per year
10 years	₹10.0 Lakhs to ₹21.4 Lakhs per year
11 years	₹14.3 Lakhs to ₹18.0 Lakhs per year

and so on.

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SKF Business Development Manager Salaries

SKF Business Development Manager salary in India ranges between ₹10 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 SKF latest salaries received from various employees of SKF.