The average salary for a Business Development Manager in India is Rs 604,461.
MEDIAN Rs 604,461
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Rs 282k - Rs 1m
Rs 10k - Rs 304k
Rs 6k - Rs 480k
Rs 20k - Rs 393k
Rs 297k - Rs 2m
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Job Description for Business Development Manager
Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction. Some of their main duties include brainstorming with other business development staff to define the scope of the project, review requirements, and approve timeframes. They work well with other company managers to oversee the p…Read more
Business Development Manager Tasks
- Achieve revenue goals.
- Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.
- Identify and develop new and existing referral sources to develop successful referring relationships.
- Actively identify and generate prospects through strategic sales strategies focusing on customers in target markets.
Popular Employer Salaries for Business Development Manager
The top respondents for the job title Business Development Manager are from the companies SBI Life Insurance Co. Ltd., Standard Chartered Bank and OYO Rooms. Reported salaries are highest at Cognizant Technology Solutions Corp where the average pay is Rs 1,424,561. Other companies that offer high salaries for this role include Tata Consultancy Services Limited and Flipkart, earning around Rs 1,095,000 and Rs 1,049,805, respectively. Ceasefire Industries Limited pays the lowest at around Rs 350,004. SBI Life Insurance Co. Ltd. and Standard Chartered Bank also pay on the lower end of the scale, paying Rs 399,959 and Rs 431,462, respectively.
Explore the most common career paths for Business Development Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Business Development Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Business Development Manager Job Listings
Popular Skills for Business Development Manager
New Business Development
Customer Relationship Management (CRM)
Skills in New Business Development, Sales, Account Management and Business Strategy are correlated to pay that is above average. Skills that pay less than market rate include Customer Relationship Management (CRM).
Pay by Experience Level for Business Development Manager
An entry-level Business Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 340,303 based on 295 salaries. An early career Business Development Manager with 1-4 years of experience earns an average total compensation of Rs 455,775 based on 1,290 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of Rs 728,025 based on 1,177 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of Rs 1,015,064 based on 626 salaries. In their late career (20 years and higher), employees earn an average total compensation of Rs 1,174,457.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Business Development Manager in their job title in Gurgaon, Haryana earn an average of 24.2% more than the national average. These job titles also find higher than average salaries in Bangalore, Karnataka (19.3% more) and Mumbai, Maharashtra (17.8% more). The lowest salaries can be found in Hyderabad, Andhra Pradesh (1.7% less).
Years of Experience
This data is based on 3,459 survey responses.
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