Thermax Limited Territory Manager Salaries by 80+ Employees (Updated 2025)

4 - 11 years exp.

₹4.8 Lakhs - ₹11 Lakhs

Salary of majority employees

12% more than the average Territory Manager Salary in Industrial Machinery Companies for 4 - 11 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 4 - 11 years exp. (46 salaries)	₹5.5 L/yr - ₹11 L/yr
Construction & Site Engineering Territory Manager Salary 4 - 10 years exp. (10 salaries)	₹5 L/yr - ₹8.9 L/yr
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Customer Success, Service & Operations Territory Manager Salary 7 - 11 years exp. (7 salaries)	₹7.2 L/yr - ₹11 L/yr
Marketing & Communication Territory Manager Salary 6 - 9 years exp. (4 salaries)	₹6 L/yr - ₹8.8 L/yr
Research & Development Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹10.5 L/yr

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Last Updated: 2 Feb 2025

Companies similar to Thermax Limited for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Siemens Territory Manager Salary 6 - 14 years exp. (19 salaries)	₹10.3 L/yr - ₹20.6 L/yr 70% more	1 job opening
Larsen & Toubro Limited Territory Manager Salary 6 - 13 years exp. (45 salaries)	₹4.5 L/yr - ₹9 L/yr 17% less
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Honeywell Automation Territory Manager Salary 10 - 12 years exp. (3 salaries)	₹9.7 L/yr - ₹14.6 L/yr 37% more
CG Power and Industrial Solutions Territory Manager Salary 3 - 14 years exp. (184 salaries)	₹4.4 L/yr - ₹12 L/yr 2% less
Atlas Copco Territory Manager Salary 8 - 16 years exp. (41 salaries)	₹12 L/yr - ₹23 L/yr 100% more
John Deere Territory Manager Salary 3 - 11 years exp. (40 salaries)	₹8.5 L/yr - ₹16.3 L/yr 46% more
Timken Territory Manager Salary 5 - 13 years exp. (27 salaries)	₹10.6 L/yr - ₹17 L/yr 94% more
Blue Star Territory Manager Salary 6 - 15 years exp. (7 salaries)	₹9 L/yr - ₹19 L/yr 62% more
Epiroc Territory Manager Salary 8 - 12 years exp. (5 salaries)	₹15 L/yr - ₹25 L/yr 181% more
ABB Territory Manager Salary 9 - 14 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 63% more
Caterpillar Inc Territory Manager Salary 3 - 22 years exp. (3 salaries)	₹18 L/yr - ₹28 L/yr 159% more	2 job openings
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Hilti Territory Manager Salary 9 - 11 years exp. (3 salaries)	₹7.9 L/yr - ₹8.9 L/yr 1% more

Territory Manager salary at Thermax Limited ranges between ₹4.8 Lakhs to ₹11 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 81 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Territory Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
4 years (10 salaries)	₹4.8 L/yr - ₹8.8 L/yr
5 years (15 salaries)	₹5 L/yr - ₹9.6 L/yr
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6 years (13 salaries)	₹5 L/yr - ₹10.5 L/yr
7 years (10 salaries)	₹6 L/yr - ₹9.5 L/yr
8 years (13 salaries)	₹5.5 L/yr - ₹11 L/yr
9 years (6 salaries)	₹8 L/yr - ₹11 L/yr
10 years (10 salaries)	₹7 L/yr - ₹11 L/yr
11 years (4 salaries)	₹8.5 L/yr - ₹11 L/yr

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From

Territory Manager

₹

Lakhs/yr

4 - 11 years exp.

Regional Manager

₹

Lakhs/yr

7 - 16 years exp.

Territory Manager 4 - 11 years exp.

Zonal Manager 8 - 13 years exp.

43% hike

Regional Manager 7 - 16 years exp.

34% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Thermax Limited

Territory Sales Manager Salary

(89 salaries)

₹4.4 L/yr - ₹14 L/yr

Deputy Manager Salary

(159 salaries)

₹7 L/yr - ₹20.1 L/yr

Area Manager Salary

(5 salaries)

₹6.5 L/yr - ₹10.8 L/yr

Territory Business Manager Salary

(3 salaries)

₹10.1 L/yr - ₹13 L/yr

Area Sales Manager Salary

(24 salaries)

₹7 L/yr - ₹15 L/yr

Sales Manager Salary

(27 salaries)

₹6.85 L/yr - ₹20 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Territory Sales Executive Salary

(7 salaries)

₹3 L/yr - ₹7.5 L/yr

Senior Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Team Lead Salary

(18 salaries)

₹6.8 L/yr - ₹20 L/yr

Top skills at Thermax Limited for Territory Manager

Sales Key Account Management US Sales Industrial products Switching Software Support Networking Sales Channel Sales Channel Management Financial Restructuring Analytical Skills ArcIMS Holiday Packages Sales Planning

Salary related reviews for Thermax Limited

2.7

Rated by 12 employees for salary & benefits

Marketing Executive in Pune

Full Time

Marketing & Communication Department

3.0

• posted on 20 Mar 2023

2.0

for Salary and Benefits

Likes

Learning till certain point and job security part

Skill development - Good

+1 more

Dislikes

...; it feels like whole generation gap in working styles. Need more younger crowd. Salary is low as compared with industry peers while one resource is working equivalent to 3times of the required resource.

Salary - Poor

+2 more

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

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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Thermax Limited Territory Manager Salary FAQs

What is the salary of Territory Manager at Thermax Limited?

Territory Manager salary at Thermax Limited in India ranges between ₹4.8 Lakhs to ₹11.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 12% more than the average Territory Manager Salary in India. Salary estimates are based on 81 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Territory Manager at Thermax Limited is 12% more than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Thermax Limited?

Sales, Key Account Management, US Sales, Industrial products and Switching are some of the popular skills required to work as a Territory Manager at Thermax Limited India.

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

Epiroc Territory Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
Caterpillar Inc Territory Manager Salary - ₹18.0 Lakhs to ₹28.0 Lakhs per year
Atlas Copco Territory Manager Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
Timken Territory Manager Salary - ₹10.6 Lakhs to ₹17.0 Lakhs per year
Siemens Territory Manager Salary - ₹10.3 Lakhs to ₹20.6 Lakhs per year

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

ABB Territory Manager Salary - ₹11.0 Lakhs to ₹16.5 Lakhs per year
Blue Star Territory Manager Salary - ₹9.0 Lakhs to ₹19.0 Lakhs per year
John Deere Territory Manager Salary - ₹8.5 Lakhs to ₹16.3 Lakhs per year
Honeywell Automation Territory Manager Salary - ₹9.7 Lakhs to ₹14.6 Lakhs per year
Hilti Territory Manager Salary - ₹7.9 Lakhs to ₹8.9 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Thermax Limited ranges between ₹61,336 per month to ₹62,891 per month in India. The take-home salary calculation is based on the average Thermax Limited Territory Manager salary in India which ranges between ₹4.8 Lakhs to ₹11.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Thermax Limited?

According to AmbitionBox, 57% of the Thermax Limited Territory Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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Thermax Limited Territory Manager Salaries

Thermax Limited Territory Manager salary in India ranges between ₹4.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 Thermax Limited latest salaries received from various employees of Thermax Limited.