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A Market Development Manager is responsible for identifying and pursuing new business opportunities in order to expand and penetrate markets. They conduct market research to identify potential customers and develop strategies to attract and retain them. They analyze market trends, competitor activities, and customer needs to develop sales and marketing plans. They also collaborate with cross-functional teams to develop and launch new products or services.
Estimated Yearly Salary: 3,019,904 INR
Estimated Monthly Salary: 251,659 INR
Estimated Weekly Salary: 58,075 INR per week
Estimated Hourly Salary: 1,452 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 243,330 INR
Estimated Weekly Salary: 56,153 INR per week
Estimated Hourly Salary: 1,404 INR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 33,619 USD
Estimated Monthly Salary: 2,802 USD
Estimated Weekly Salary: 647 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,019,904 INR
Estimated Monthly Salary: 251,659 INR
Estimated Weekly Salary: 58,075 INR per week
Estimated Hourly Salary: 1,452 INR per hour
By working as Market Development Manager a person can save up to 1,906 USD per month or 22,877 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Market Development Manager
Last revision of data: 2025-01-04
Data as of 2025
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Market Development Manager salary in India
Average Yearly Salary of Market Development Manager in India is approximately 3,019,904 INR (33,619 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Market Development Manager do?
A Market Development Manager is responsible for identifying and pursuing new business opportunities in order to expand and penetrate markets. They conduct market research to identify potential customers and develop strategies to attract and retain them. They analyze market trends, competitor activities, and customer needs to develop sales and marketing plans. They also collaborate with cross-functional teams to develop and launch new products or services.
Skills: Market Research, Business Development, Sales Strategy, Market Analysis, Customer Acquisition, Product Launch
Job industry: Sales and marketing
Job industry: Sales and marketing
How much does Market Development Manager make?
Salary details
How much does Market Development Manager make?Estimated Yearly Salary: 3,019,904 INR
Estimated Monthly Salary: 251,659 INR
Estimated Weekly Salary: 58,075 INR per week
Estimated Hourly Salary: 1,452 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,919,960 INREstimated Monthly Salary: 243,330 INR
Estimated Weekly Salary: 56,153 INR per week
Estimated Hourly Salary: 1,404 INR per hour
Last revision of data: 2024-01-06Market Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,619 USD
Estimated Monthly Salary: 2,802 USD
Estimated Weekly Salary: 647 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Manager job salary compared to average salary in India.
Comparison shows that a person working as Market Development Manager in India earns on average:
1.63 times the average salary (or 163% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Manager job salary compared to average salary in India.
Comparison shows that a person working as Market Development Manager in India earns on average:
1.63 times the average salary (or 163% of average salary).
Is Market Development Manager a well paid job?
Yes, our data shows that Market Development Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Market Development Manager?
High salary for Market Development Manager would be somewhere between 3,321,894 INR and 4,378,861 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Market Development Manager in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,019,904 INR
Estimated Monthly Salary: 251,659 INR
Estimated Weekly Salary: 58,075 INR per week
Estimated Hourly Salary: 1,452 INR per hour
By working as Market Development Manager a person can save up to 1,906 USD per month or 22,877 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Market Development Manager
Pakistan is 2,378 USD
China is 19,230 USD
Nepal is 10,983 USD
Bangladesh is 4,219 USD
Afghanistan is 9,014 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
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4. Neurosurgeon
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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Data as of 2025Random salary:
Health safety manager (2,788,290 INR per year, pre-tax.)
Sports chiropractor (3,161,520 INR per year, pre-tax.)
Food preparation worker (654,156 INR per year, pre-tax.)
Data analyst intern (1,277,053 INR per year, pre-tax.)
Table games shift manager (2,612,610 INR per year, pre-tax.)
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