COST OF DOING BUSINESS IN INDIA A. Basic yearly salaries and wages
Managerial Position www. cci. in
( In US $)
■Senior level 225,000 80,000 ■Middle level 55,500 13,500 ■Junior level 22,500 5,500 Factory Workers ■Supervisor 6,700 1,800 ■Skilled workers 2,200 1,300
■Non skilled workers( minimum wages are decided by the |
|
|
Government of different states) |
1,065 |
800 |
Marketing and Sales ■Senior level 110,000 78,000 ■Middle level 33,000 11,000 ■Junior level 11,000 2,200 Office and Administrative ■Executive secretary 10,000 2,700 ■Clerk 8,900 2,700 ■Accountant 11,000 2,700 ■Driver 2,700 1,300 ■Service technician( engineering experience) 5,500 1,900 Household Help ■Family driver 2,200 1,350 ■Cook 1,900 890 ■Maid 1,100 670
The figures represent estimated basic yearly pays for the industry in general, and not specific to any sector. There are other labour related costs such as social security premiums, holiday pay, service incentive leave pay, maternity and paternity leaves etc. To obtain effective yearly wage, multiply the yearly pay by 120 per cent more or less. Managers can speak and write fluent English, while staff positions are accustomed to at least conversational English.
B. Rental or lease rates
Office Space
( In US $)
■Delhi 4.5 per sq ft 1.7 per sq ft ■Mumbai 10 per sq ft 2.8 per sq ft ■Bangalore 3.7 per sq ft 1.3 per sq ft ■Chennai 2.2 per sq ft 1.1 per sq ft ■Non metro areas 2.2 per sq ft 0.7 per sq ft ■Export processing zones 1.7 per sq ft 0.5 per sq ft Residential space ■Delhi 2.2 per sq ft 0.5 per sq ft ■Mumbai 6.7 per sq ft 3.3 per sq ft ■Bangalore 2.9 per sq ft 0.5 per sq ft ■Chennai 2.2 per sq ft 0.4 per sq ft ■Non metro areas 2.2 per sq ft 0.2 per sq ft
High
High
Low
Low
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