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Thermax Limited Business Development Manager salaries in India (Updated 2025)

Annual salary range
3 - 15 years exp.
₹6.5 Lakhs - ₹25 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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Business Development Manager Salary at Thermax Limited ranges between ₹6.5 Lakhs to ₹25 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 20 latest salaries received... Read more

99% more than the average Business Development Manager Salary in Industrial Machinery Companies for 3 - 15 years of experience

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Last Updated: 7 Jun 2025

Companies similar to Thermax Limited for Business Development Manager

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Atlas Copco Business Development Manager Salary

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Timken Business Development Manager Salary

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Cummins Business Development Manager Salary

9 - 14 years exp. (4 salaries)

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₹19 L/yr - ₹44.8 L/yr

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₹10.3 L/yr - ₹33.4 L/yr

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₹16.9 L/yr - ₹39.1 L/yr

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₹15.5 L/yr - ₹25 L/yr

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₹3.2 L/yr - ₹18.5 L/yr

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₹2.4 L/yr - ₹15.8 L/yr

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₹12 L/yr - ₹20 L/yr

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Latest annual salaries shared by Thermax Limited Business Development Manager

3d ago
₹23 Lakhs
15 years exp.
1mo ago
₹16.9 Lakhs
14 years exp.
5mo ago
₹16.6 Lakhs
12 years exp.
8mo ago
₹25 Lakhs
15 years exp.

Thermax Limited Business Development Manager salaries by

Years of experience Avg. annual salary
3 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.1 L/yr
4 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
5 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.3 L/yr
7 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
View all salaries by experience

Similar Designation Salaries at Thermax Limited

Similar Designation Avg. annual salary
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₹3.6 L/yr - ₹6.1 L/yr

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₹2.5 L/yr - ₹3.5 L/yr

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₹11.1 L/yr - ₹17.7 L/yr

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₹5 L/yr - ₹18.5 L/yr

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₹7.4 L/yr - ₹9.4 L/yr

Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr

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₹8 L/yr - ₹15 L/yr

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₹4.4 L/yr - ₹14 L/yr

Area Business Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr

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₹7 L/yr - ₹20.1 L/yr

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GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Thermax Limited

3.4

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated 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 ....

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  updated 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

read more

Dislikes

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

read more
  • Salary - Poor
  • +4 more

Sales & Business Development Department

5.0
  •  updated 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

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary is d biggest set back for company.

Sales & Business Development Department

5.0
  •  updated 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.

read more
  • 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.

read more
  • Salary - Poor

Full Time

 · 

Other Department

3.0
  •  updated on 18 Mar 2025

3.0
 for  Salary and Benefits

Likes

Timely salary, Skill development Learning

  • Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

read more
  • Promotions - Poor
  • +2 more
see more salary related reviews

Thermax Limited Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Thermax Limited ?
The average salary of a Business Development Manager at Thermax Limited in India typically ranges from ₹6.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Business Development Manager at Thermax Limited earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Business Development Manager Salaries at Thermax Limited 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 20+ Thermax Limited employees in India.
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 in India typically ranges from ₹1,05,110 to ₹1,07,997 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 3 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 20+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Thermax Limited for Business Development Manager in India?
Danfoss Industries ₹20.5 Lakhs to ₹60.0 Lakhs per year
ZEISS India ₹21.6 Lakhs to ₹60.2 Lakhs per year
Cummins ₹19.0 Lakhs to ₹44.8 Lakhs per year
Timken ₹18.6 Lakhs to ₹31.2 Lakhs per year
Alfa Laval ₹16.9 Lakhs to ₹39.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thermax Limited, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Thermax Limited in India?
The salary of a Business Development Manager at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hilti ₹14.0 Lakhs to ₹35.5 Lakhs per year
Atlas Copco ₹15.0 Lakhs to ₹41.0 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹16.4 Lakhs to ₹28.5 Lakhs per year
Stanley Black & Decker ₹10.3 Lakhs to ₹33.4 Lakhs per year
TechnipFMC ₹12.0 Lakhs to ₹20.0 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 Thermax Limited in India?
The salary growth for a Business Development Manager at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
3 years ₹10.3 Lakhs to ₹13.1 Lakhs per year
4 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
5 years ₹11.4 Lakhs to ₹14.6 Lakhs per year
6 years ₹12.0 Lakhs to ₹15.3 Lakhs per year
and so on.

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Thermax Limited Business Development Manager salary in India ranges between ₹6.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Thermax Limited latest salaries received from various employees of Thermax Limited.