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Biotech Salary Analysis – City Wise Biotech Jobs & Salary

Biotech Salary Analysis – City Wise Biotech Jobs & Salary
Biotech Salary Analysis – City Wise Biotech Jobs & Salary
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When choosing a course, it’s essential to consider future career prospects, including salary. Biotechnology is a growing field in India, with opportunities for high-paying jobs in companies like ITC, Hindustan Unilever, Dr. Reddy’s, and government research labs. In this article, we will provide an analysis of biotech salaries in different cities, companies, states, industries, and positions to help you make informed decisions.

Biotech Sector Growth: According to the latest statistics by the Government of India, the biotech sector is currently growing at a 20% rate and is expected to reach USD 100 billion by 2025. This growth is attributed to the consistent career opportunities provided by multinational companies and research institutes to qualified individuals.

Salary Range by Company: The salary for biotechnologists in India varies based on knowledge, skills, and experience. Here is an overview of leading companies in India offering biotech career opportunities and their corresponding salary ranges:

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Company Name Industry Salary Range (per year) Genentech, Inc. Pharmaceuticals Rs. 360,000 – 800,000 Thermo Fisher Scientific Biotechnology Rs. 300,000 – 860,000 Merck & Co Pharmaceuticals Rs. 360,000 – 900,000 Novartis Pharmaceuticals Rs. 360,000 – 900,000 Pfizer Pharmaceuticals Rs. 400,000 – 850,000 Bharat Biotech International Pharmaceuticals Rs. 300,000 – 600,000 Biocon Biotechnology Rs. 260,000 – 696,000 ITC Multi-Dimensional Rs. 280,000 – 540,000 Serum Institute of India Pharmaceuticals Rs. 360,000 – 780,000 Panacea Biotech Ltd. Pharmaceuticals Rs. 300,000 – 480,000 Dr. Reddy’s Pharmaceuticals Rs. 280,000 – 660,000 Jubilant Life Sciences Pharmaceuticals Rs. 280,000 – 560,000

Biotech Salary by Cities: The salary range for biotech engineers can vary depending on the city of employment. Consider the following salary ranges for biotech engineers in different cities:

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Cities Average Annual Salary Range New Delhi, Delhi Rs. 2.9 lakh – 7 lakh Bangalore, Karnataka Rs. 2.2 lakh – 11 lakh Hyderabad, Andhra Pradesh Rs. 2.0 lakh – 12 lakh

Salary Range by States: The salary range for biotech professionals also varies by state. Here is an overview of the average annual salary range by states:

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States Average Annual Salary Range Karnataka Rs. 2.2 lakh – 15 lakh Delhi Rs. 2.9 lakh – 7 lakh Andhra Pradesh Rs. 2.0 lakh – 12 lakh Tamil Nadu Rs. 1.8 lakh – 18 lakh Maharashtra Rs. 2.2 lakh – 22 lakh

Salary Range by Industry: Biotech offers diverse opportunities in different industries. Here are the leading biotech industries in India and their corresponding salary ranges:

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Industry Average Annual Salary Range Research & Development Rs. 1.9 lakh – 16 lakhs Pharmaceuticals Rs. 1.9 lakh – 18 lakhs Vaccines Rs. 2.2 lakh – 11 lakhs Cardiology Rs. 2.4 lakh – 15 lakhs Academics Rs. 1.6 lakh – 9 lakhs

Salary Range by Biotech Positions: The biotech industry provides various career opportunities both inside and outside the laboratory. Here are some biotech positions in India and their corresponding salary ranges:

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Management:

  • Chief Executive Officer: Rs. 50,76,835
  • Quality Control Manager: Rs. 6,45,223
  • Deputy Manager: Rs. 18,74,417
  • Vice President of Operations: Rs. 30,92,095
  • Microbiology Manager: Rs. 22,28,746

Production and Manufacturing:

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  • Junior Production Manager: Rs. 3,73,384
  • Production Supervisor: Rs. 4,29,238
  • Production Manager: Rs. 5,00,000

Administrative Assistance:

  • Junior Executive Assistant: Rs. 3,83,859
  • Executive Officer: Rs. 4,19,097

Conclusion: Biotechnology offers a lucrative career path with a range of salary opportunities in India. The salary varies based on factors such as the company, city, state, industry, and position. By considering these salary analyses, you can make informed decisions about your career in the biotech field. Remember to consult with employers for precise salary figures before accepting a job offer. Good luck in your biotech career!

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