Biotech Fresher Salary & Pay Scale in India 2011April 6th, 2011 Posted by VFreshers
The Biotech industry is really opening up in India and there are more and more job opportunities in this field. Also, the salary that a person can get in this field is pretty high compared to the other industries. This is as much as 3.50 lakhs per annum for a starting. This is a really good start. Also, you will have extra perks and benefits linked with it. There are also periodic raises and with a few years of experience underneath your belt you can be earning as much as 9 lakhs per annum.
The field of biotechnology is said to be the next best thing in the field of science. There has been a great deal of exploration in this particular field as more and more people realize the opportunities that this sun rise industry holds for them. The field of biotech started getting its due prominence in the year of 1953 and there has never been any turning back.
There are several different breakthroughs that have been in biotech and more innovative achievements are being achieved every single day. There are several different streams that you can pursue in biotech field and each of them is equally lucrative and paying. There is the chance of working with the best of pharmaceutical companies that are the best such as Ranbaxy, Biocon and Wockhardt. Once you gain specialization in a specific field in biotech by means of a master’s degree then you will be able to earn a fabulous salary with the most fantastic of perks. There are more and more jobs opening up and at the moment there are about 25,000 scientists working in this field.
Once you have completed your biotech degree you will be able to find a good job. There are several biotech Indian companies and there are several foreign ones as well. The starting salary for a fresh graduate in biotech field is 15,000 to 20,000 per month. The future of any biotech graduate is certainly rosy. This is the field that will get you lots of status, and also a chance to work abroad. This is one field that has plenty of scope and lots of career openings. With each career move you will be able to get yourself a better position and far more salary as well. The usual salary that one can expect from a top notch company is about rupees 40,000.
The thing to be noted out here is that there are numerous job openings that are available and therefore there is no limit to the amount of fascinating options that can come your way. There is always a demand for people from this field and at times you can walk away with not only a good salary but staggering amounts of perks linked with it.
Private sector pharmaceutical companies offer a salary that is Rs.12000- 20000 per month at the entry-level for a postgraduate. For researchers in government sector the salary is Rs.9000 per month not inclusive of the perks and allowances.