Navi Mumbai Salary

Navi Mumbai is the planned township of Mumbai is located in west coast of Maharashtra. The city has many offices opened by software companies. For this, the major efforts has been taken by the government of Maharashtra, who has setup the technological park to give big push to IT Industry. Many big IT companies also have their offices in Navi Mumbai. The major companies have their presence in Navi Mumbai are DAKC (Dhirubhai Ambani Knowledge City), CORE Projects & Technologies Ltd, Hexaware Technologies, Mastek, Enser Communications, Patni Computer Systems, Intellinet, Hewitt Associates, TCS, Digit magazine, IRIS Business Services Private Limited, Indiagames,RectifyCredit, Webele, K-Dimensions and CarWale. There are IT parks and other corporate parks in Navi Mumbai which contribute in acceleration of growth chariot. Some of them are DAKC (Dhirubhai Ambani Knowledge City) in Kopar Khairane, International Infotech Park at Vashi, New Millennium City near Mahape and Navi Mumbai Special Economic Zone (SEZ).

Major IT giants are also taking benefits from the environment of growth in Navi Mumbai. IT giants have their offices in Navi Mumbai are L&T Infotech, Wipro Ltd, CMC, Tata Consultancy Services, Aptech, Track Mail, ICICI Infotech and iGATE. Navi Mumbai has well built and organized transportation system. International Airport of Navi Mumbai is in Panvel area.

Salaries of Professionals in Navi Mumbai

Professionals in the Navi Mumbai are paid well in comparison to other metropolitan cities. They are paid in parallel to the financial capital of the country, Mumbai. Professions which are competitive are paid lesser in Navi Mumbai than in Mumbai. But the Managerial positions are paid well in comparison of Mumbai. The salaries of some professionals are shown in following table.

Average annual salaries of some professions in Navi Mumbai
Jobs Average Salary
Software Engineer Rs. 3 lakh
Sr. Software Engineer Rs. 5.5 lakh
Account Executive Rs. 20 lakh
Business Manager Rs. 8 lakh
IT Managers Rs. 12 lakh
Financial Analyst Rs. 4 lakh

You can compare the salaries of professionals in Mumbai and Navi Mumbai in the chart given below.


Salaries of various degree holders in Navi Mumbai

The degree holders get the attractive salary packages. Graduates get their annual salary in the band of Rs. 1.7 – Rs. 12 lakh. Among MBA degree holders, specialized in finance MBA degree are being paid highly paid in terms of annual packages. Similarly, IT engineers are also being paid handsome annual packages . Salary band of some degree holders is given in the following table below.

Annual Salary band of degree holder
Degree Salary Band
Graduation Rs. 1.7 – Rs. 12 lakh
MBA Rs. 2.5 – Rs. 19 lakh
B. Eng IT Rs. 1.8 – Rs. 12 lakh
BCom Rs. 1.7 – Rs. 2.5 lakh
MCA Rs. 3.8 – Rs. 6.5 lakh
B. Eng electronic Rs. 1 – Rs. 17 lakh
MBA Finance Rs. 2 – Rs 14 lakh
MBA HR Rs 2.5 – Rs 5 lakh