Thermax Limited Business Development Manager Salaries by 20+ Employees (Updated 2025)

3 - 15 years exp.

₹6.6 Lakhs - ₹25 Lakhs

Salary of majority employees

Fixed (89%)

₹12.9 Lakhs

Variable (11%)

₹1.5 Lakh

92% more than the average Business Development Manager Salary in Industrial Machinery Companies for 3 - 15 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 4 - 15 years exp. (12 salaries)	₹6.3 L/yr - ₹25 L/yr
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Marketing & Communication Business Development Manager Salary 3 - 8 years exp. (6 salaries)	₹7 L/yr - ₹16.5 L/yr

Last Updated: 21 Dec 2024

Companies similar to Thermax Limited for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Business Development Manager Salary 3 - 15 years exp. (11 salaries)	₹5.6 L/yr - ₹11.2 L/yr 40% less
BHEL Business Development Manager Salary 14 - 17 years exp. (4 salaries)	₹23.5 L/yr - ₹24 L/yr 64% more
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Siemens Business Development Manager Salary 7 - 16 years exp. (82 salaries)	₹7 L/yr - ₹28 L/yr 18% more	2 job openings
Larsen & Toubro Limited Business Development Manager Salary 6 - 15 years exp. (63 salaries)	₹5.4 L/yr - ₹22.3 L/yr 10% less
Cummins Business Development Manager Salary 9 - 13 years exp. (4 salaries)	₹15.1 L/yr - ₹39.1 L/yr 68% more
ABB Business Development Manager Salary 9 - 17 years exp. (41 salaries)	₹9.2 L/yr - ₹30.4 L/yr 20% more
Tata Power Business Development Manager Salary 5 - 11 years exp. (7 salaries)	₹11 L/yr - ₹15 L/yr 13% less
CG Power and Industrial Solutions Business Development Manager Salary 1 - 6 years exp. (3 salaries)	₹7.5 L/yr - ₹18 L/yr 18% less	1 job opening
Voltas Business Development Manager Salary 7 - 14 years exp. (7 salaries)	₹6.1 L/yr - ₹37.2 L/yr 50% more
Blue Star Business Development Manager Salary 5 - 14 years exp. (8 salaries)	₹7.1 L/yr - ₹22.1 L/yr 8% less
TÜV SÜD Business Development Manager Salary 4 - 12 years exp. (40 salaries)	₹5.4 L/yr - ₹16 L/yr 32% less	3 job openings
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Hilti Business Development Manager Salary 6 - 14 years exp. (26 salaries)	₹13.5 L/yr - ₹35 L/yr 54% more
Schindler Group Business Development Manager Salary 5 - 15 years exp. (16 salaries)	₹9 L/yr - ₹22.6 L/yr 5% more
EMERSON PROCESS MANAGEMENT Business Development Manager Salary 12 - 16 years exp. (12 salaries)	₹16.4 L/yr - ₹28.5 L/yr 58% more
Atlas Copco Business Development Manager Salary 10 - 18 years exp. (11 salaries)	₹15 L/yr - ₹41 L/yr 59% more
KONE Business Development Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹25 L/yr 18% more
Wipro Infrastructure Engineering Business Development Manager Salary 9 - 16 years exp. (6 salaries)	₹14.5 L/yr - ₹17 L/yr 9% more
Kirloskar Oil Engines Business Development Manager Salary 2 - 8 years exp. (5 salaries)	₹6.6 L/yr - ₹11.3 L/yr 38% less
Lakshmi Machine Works Business Development Manager Salary 5 - 9 years exp. (4 salaries)	₹9 L/yr - ₹18 L/yr 6% more
Danfoss Industries Business Development Manager Salary 8 - 16 years exp. (4 salaries)	₹17.8 L/yr - ₹41.3 L/yr 102% more

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Business Development Manager salary at Thermax Limited ranges between ₹6.6 Lakhs to ₹25 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 21 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Business Development Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹20.7 L/yr
4 years (4 salaries)	₹5 L/yr - ₹21.6 L/yr
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5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹22.4 L/yr
6 years (3 salaries)	₹7.3 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹24.2 L/yr
8 years (3 salaries)	₹8 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹17.5 L/yr
12 years (3 salaries)	₹9.5 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
14 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
15+ years (AmbitionBox Estimate)	₹6.9 L/yr - ₹25 L/yr

View all

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(4 salaries)

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Business Development Executive Salary

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Senior Business Development Executive Salary

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Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Area Sales Manager Salary

(22 salaries)

₹8 L/yr - ₹15 L/yr

Territory Sales Manager Salary

(95 salaries)

₹4.4 L/yr - ₹15.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Salary related reviews for Thermax Limited

4.0

Rated by 2 employees for salary & benefits

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 04 Mar 2023

2.0

for Salary and Benefits

Likes

Work life balance.

Job security - Excellent

Dislikes

Salary and increments are too low. Everything depends on the division and in which team you are working. Managers plays key role in the development of any individual role. It's all about luck to have a good manager or ....

Salary - Poor

+2 more

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Territory Sales Manager in Ahmedabad

Sales & Business Development Department

5.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Working Culture is very good . You will get freedom of work . If your are a self started then there is ocean of opportunities.

Skill development - Good

+5 more

Dislikes

Salary & other compensations are not much good as compared to other industry .although your a extra-ordinary performance you will get standard increment which is so demoralizing. Only Salary & politics is a bad side of thermax.

Salary - Poor

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

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Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Thermax Limited?

Business Development Manager salary at Thermax Limited in India ranges between ₹6.6 Lakhs to ₹25.0 Lakhs for experience between 3 years to 15 years. According to our estimates it is 92% more than the average Business Development Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Business Development Manager at Thermax Limited India compare with the average salary range for this job?

The average salary of a Business Development Manager at Thermax Limited is 92% more than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Business Development Manager in India?

Danfoss Industries Business Development Manager Salary - ₹17.8 Lakhs to ₹41.3 Lakhs per year
Cummins Business Development Manager Salary - ₹15.1 Lakhs to ₹39.1 Lakhs per year
BHEL Business Development Manager Salary - ₹23.5 Lakhs to ₹24.0 Lakhs per year
Timken Business Development Manager Salary - ₹18.6 Lakhs to ₹25.0 Lakhs per year
Atlas Copco Business Development Manager Salary - ₹15.0 Lakhs to ₹41.0 Lakhs per year

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

EMERSON PROCESS MANAGEMENT Business Development Manager Salary - ₹16.4 Lakhs to ₹28.5 Lakhs per year
Hilti Business Development Manager Salary - ₹13.5 Lakhs to ₹35.0 Lakhs per year
Voltas Business Development Manager Salary - ₹6.1 Lakhs to ₹37.2 Lakhs per year
Stanley Black & Decker Business Development Manager Salary - ₹10.3 Lakhs to ₹34.0 Lakhs per year
TechnipFMC Business Development Manager Salary - ₹18.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at Thermax Limited ranges between ₹1,00,042 per month to ₹1,02,764 per month in India. The take-home salary calculation is based on the average Thermax Limited Business Development Manager salary in India which ranges between ₹6.6 Lakhs to ₹25.0 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Thermax Limited?

According to AmbitionBox, 57% of the Thermax Limited Business Development Managers reported a notice period of 3 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Thermax Limited Business Development Manager Salaries

Thermax Limited Business Development Manager salary in India ranges between ₹6.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Thermax Limited latest salaries received from various employees of Thermax Limited.