Product Development Manager

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Product Development Manager Salary in India (Updated 2025)

based on 2.3k latest salaries • updated: 20 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹4.4 Lakhs - ₹38 Lakhs

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Product Development Manager Salary in India ranges between ₹4.4 Lakhs to ₹38 Lakhs for 4 years of experience to 19 years of experience. Salary estimates are based on 2.3k latest salaries received from Product Development... Read More
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Top Paying Companies for Product Development Manager with 15 years exp

Company name Avg. annual salary Open Jobs
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Latest annual salaries shared by Product Development Managers

1d ago

U P Telelinks

Product Development Manager

6 years exp.

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2d ago

Arvind Group

Product Development Manager

6 years exp.

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3d ago

EPIQ Systems

Product Development Manager

15 years exp.

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3d ago

Poly Medicure

Product Development Manager

13 years exp.

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4d ago

AYM Syntex

Product Development Manager

8 years exp.

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4d ago

Gadre Marine Export

Product Development Manager

13 years exp.

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5d ago

Siemens

Product Development Manager

9 years exp.

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5d ago

Ankur Seeds

Product Development Manager

6 years exp.

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5d ago

Elkem South Asia

Product Development Manager

12 years exp.

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5d ago

ITC Limited - Paperboards Specialty Papers Division

Product Development Manager

7 years exp.

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Product Development Manager salaries by

Years of experience Avg. annual salary
4 years
(119 salaries)
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₹3 L/yr - ₹25 L/yr

5 years
(119 salaries)
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₹3.5 L/yr - ₹28 L/yr

6 years
(128 salaries)
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₹4 L/yr - ₹26.5 L/yr

7 years
(142 salaries)
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₹4 L/yr - ₹25 L/yr

8 years
(159 salaries)
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₹5.2 L/yr - ₹30 L/yr

View all salaries by experience

Product Development Manager Jobs in India

Product Development Manager

· 4-9 years

ITC Ltd

·
3.9

Bangalore / Bengaluru

Product Development Manager

· 2-5 years

Info Edge India Ltd.

·
3.9

Noida

Product Development Manager

· 8-14 years

MasterCard

·
3.9

Pune

View all Product Development Manager jobs

Product Development Manager Salary By Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Product Development Manager
4 - 19 years exp.
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₹6 L/yr - ₹42 L/yr

Pune
Product Development Manager
4 - 19 years exp.
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₹6 L/yr - ₹38 L/yr

Mumbai
Product Development Manager
4 - 19 years exp.
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₹4.8 L/yr - ₹33 L/yr

Chennai
Product Development Manager
4 - 19 years exp.
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₹3.6 L/yr - ₹35.3 L/yr

New Delhi
Product Development Manager
4 - 19 years exp.
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₹4.8 L/yr - ₹31 L/yr

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Product Development Manager Salary By Industries

Industries Avg. annual salary

Manufacturing

Product Development Manager
4 - 19 years exp.
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₹5 L/yr - ₹35 L/yr

IT Services & Consulting

Product Development Manager
4 - 19 years exp.
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₹8 L/yr - ₹50 L/yr

Software Product

Product Development Manager
4 - 19 years exp.
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₹13.3 L/yr - ₹49 L/yr

Industrial Machinery

Product Development Manager
4 - 19 years exp.
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₹6 L/yr - ₹25.6 L/yr

Financial Services

Product Development Manager
4 - 19 years exp.
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₹4.5 L/yr - ₹38 L/yr

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Frequently Asked Questions (FAQS) about Product Development Manager Salaries

What is the salary of a Product Development Manager in India?
The salary of a Product Development Manager in India varies based on experience, location, company & Industry. On average, Product Development Manager salaries ranges from ₹4.4 Lakhs to ₹38.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹4.4 Lakhs to ₹38.0 Lakhs per year, with the highest salary reaching ₹25.5 Lakhs to ₹47.3 Lakhs per year. Salary estimates are based on 2.3k salaries received from various Product Development Managers across industries.
What are the top paying companies that employ Product Development Managers?
Product Development Manager Salaries at Top paying companies in India are
Ford Motor Product Development Manager Salary ₹25.5 Lakhs to ₹47.3 Lakhs per year
Tietoevry Product Development Manager Salary ₹31 Lakhs to ₹43 Lakhs per year
Greenway Health Product Development Manager Salary ₹33.6 Lakhs to ₹39.8 Lakhs per year
Siemens Product Development Manager Salary ₹24.2 Lakhs to ₹47 Lakhs per year
HARMAN Product Development Manager Salary ₹15.2 Lakhs to ₹40 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Product Development Manager in India?
The annual salary for Product Development Manager in India varies by location. Top paying cities for Product Development Manager are
Product Development Manager Salary in Bangalore / Bengaluru ₹6.0 Lakhs to ₹42.0 Lakhs per year
Product Development Manager Salary in Pune ₹6.0 Lakhs to ₹38.0 Lakhs per year
Product Development Manager Salary in Mumbai ₹4.8 Lakhs to ₹33.0 Lakhs per year
Product Development Manager Salary in Chennai ₹3.6 Lakhs to ₹35.3 Lakhs per year
Product Development Manager Salary in New Delhi ₹4.8 Lakhs to ₹31.0 Lakhs per year
Salary expectations for Product Development Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Product Development Manager in India?
Top 5 paying Industries for Product Development Manager in India are:
Product Development Manager Salary in Manufacturing ₹5.0 Lakhs to ₹35.0 Lakhs per year
Product Development Manager Salary in IT Services & Consulting ₹8.0 Lakhs to ₹50.0 Lakhs per year
Product Development Manager Salary in Software Product ₹13.3 Lakhs to ₹49.0 Lakhs per year
Product Development Manager Salary in Industrial Machinery ₹6.0 Lakhs to ₹25.6 Lakhs per year
Product Development Manager Salary in Financial Services ₹4.5 Lakhs to ₹38.0 Lakhs per year
How does experience affect salaries of a Product Development Manager in India?
Experience significantly impacts a Product Development Manager salary in India. Salaries increase with experience, as Product Development Manager take on more complex tasks, responsibilities, and leadership roles. Product Development Manager salary at different experience level are as follows:
Experience Average Salary Range
4 years ₹3.0 Lakhs to ₹25.0 Lakhs per year
5 years ₹3.5 Lakhs to ₹28.0 Lakhs per year
6 years ₹4.0 Lakhs to ₹26.5 Lakhs per year
7 years ₹4.0 Lakhs to ₹25.0 Lakhs per year
and so on.

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