Varun Beverages Market Development Manager Salaries by 9 Employees

4 - 14 years exp.

₹7.2 Lakhs - ₹26.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% more than the average Market Development Manager Salary in Beverage Companies for 4 - 14 years of experience

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Salaries in different departments

Sales & Business Development Market Development Manager Salary 11 - 14 years exp. (4 salaries)	₹7.2 L/yr - ₹20 L/yr
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Marketing & Communication Market Development Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.5 L/yr

Last Updated: 25 Jul 2024

Companies similar to Varun Beverages for Market Development Manager

Company name	Avg Annual Salary	Open Jobs
Ashirvad Pipes Market Development Manager Salary 5 - 10 years exp. (43 salaries)	₹5.2 L/yr - ₹9.6 L/yr 56% less
Kohler Market Development Manager Salary 2 - 10 years exp. (34 salaries)	₹11 L/yr - ₹19.3 L/yr 11% less
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Coolberg Beverages Market Development Manager Salary 7 - 20 years exp. (20 salaries)	₹5.4 L/yr - ₹9.6 L/yr 55% less
Pidilite Industries Market Development Manager Salary 1 - 10 years exp. (17 salaries)	₹10.7 L/yr - ₹38 L/yr 51% more
Udaan Market Development Manager Salary 3 - 10 years exp. (16 salaries)	₹3 L/yr - ₹5.2 L/yr 75% less

Market Development Manager salary at Varun Beverages ranges between ₹7.2 Lakhs to ₹26.6 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of Varun Beverages.

Experience wise Varun Beverages Market Development Manager salaries

Last Updated: 25 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
5 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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6 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
7 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
8 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
9 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
10 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
11 years (3 salaries)	₹7.2 L/yr - ₹31.8 L/yr
12 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
13 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.3 L/yr
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.8 L/yr

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Top skills at Varun Beverages for Market Development Manager

Trade Marketing

Salary related reviews for Varun Beverages

3.1

Rated by 3 employees for salary & benefits

PSR in Amritsar

Full Time

Sales & Business Development Department

5.0

• posted on 28 Feb 2025

5.0

for Salary and Benefits

Likes

I like company culture and salary benefits and team work

Salary - Excellent

+5 more

Dislikes

Here no senior allows any junior to progress, like people who have been working for 10 years work here but they are never allowed to get promoted because they promote their own people

Promotions - Bad

Customer Executive in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 05 Jun 2024

4.0

for Salary and Benefits

Likes

Nothing positive apart from timely salary.

Salary - Good

Dislikes

Company culture is horrendous. Too much internal politics happen due to which work gets affected. Incentives are done on the basis of employee relationship with higher management and not on performance.

Skill development - Bad

+4 more

Customer Executive in Noida

Full Time

Sales & Business Development Department

5.0

• posted on 04 Nov 2023

4.0

for Salary and Benefits

Likes

Good work culture, Job security, Pride/Prestige in market, flexibility.

Salary - Good

+6 more

Dislikes

Incentives are decreased over a period of time, No bonus on Diwali for employees having higher basic pay, Mediclaim Amt Cover is low to cover employee's family, specially Meternity Coverage, at CE's level.

Area Sales Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 30 Sep 2023

2.0

for Salary and Benefits

Likes

Salary gets credited in time Attractive incentives

Dislikes

No work culture No work life balance Sundays working HR has no control and role over here Hire and Fire process continues specially from managerial level Nobody here is bothered about new joiners

Salary - Poor

+6 more

Area Sales Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 04 Aug 2023

5.0

for Salary and Benefits

Likes

Incentives, perks, salary nothing more than that to like

Salary - Excellent

Dislikes

Micromanaging Politics No job security No skill development No personal life Hide and seek management culture Work credit will be theft by senior management

Skill development - Bad

+5 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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Varun Beverages Market Development Manager Salary FAQs

What is the salary of Market Development Manager at Varun Beverages ?

The average salary of a Market Development Manager at Varun Beverages in India typically ranges from ₹7.2 Lakhs to ₹26.6 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Market Development Manager at Varun Beverages earn more than ₹26.6 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Market Development Manager Salaries at Varun Beverages 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 9 Varun Beverages employees in India.

What is the estimated take home salary of a Market Development Manager at Varun Beverages in India?

The estimated take-home salary of a Market Development Manager at Varun Beverages in India typically ranges from ₹1,17,867 to ₹1,21,166 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹26.6 Lakhs per year for employees with experience ranging from 4 years to 14 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 9 salaries received from various employees of Varun Beverages. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Market Development Manager at Varun Beverages ?

Trade Marketing is a popular skill required to work as a Market Development Manager at Varun Beverages.

Which companies offer higher salaries than Varun Beverages for Market Development Manager in India?

Pidilite Industries

₹10.7 Lakhs to ₹38.0 Lakhs per year

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

What is the salary of a Market Development Manager in companies similar to Varun Beverages in India?

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

Kohler	₹11.0 Lakhs to ₹19.3 Lakhs per year
Coolberg Beverages	₹5.4 Lakhs to ₹9.6 Lakhs per year
Ashirvad Pipes	₹5.2 Lakhs to ₹9.6 Lakhs per year
Udaan	₹3.0 Lakhs to ₹5.2 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 Market Development Manager at Varun Beverages in India?

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

Experience	Average Salary Range
4 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
5 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
6 years	₹14.0 Lakhs to ₹17.9 Lakhs per year
7 years	₹14.4 Lakhs to ₹18.4 Lakhs per year

and so on.

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Varun Beverages Market Development Manager Salaries

Varun Beverages Market Development Manager salary in India ranges between ₹7.2 Lakhs to ₹26.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Varun Beverages latest salaries received from various employees of Varun Beverages.