Product Development Manager
Annual salary range
₹4.8 Lakhs - ₹33 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byProduct Development Manager Salary in Mumbai (Updated 2025)
based on 254
latest salaries
• updated:
14 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Product Development Manager Salary in Mumbai ranges between ₹4.8 Lakhs to ₹33 Lakhs for 4 years of experience to 19 years of experience. Salary estimates are based on 254 latest salaries received from Product Development...
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| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Ford Motor Product Development Manager Salary
15 years exp |  | |
Tietoevry Product Development Manager Salary
15 years exp | | |
 Product Development Manager Salary
15 years exp | | |
 Product Development Manager Salary
15 years exp | | |
 Product Development Manager Salary
15 years exp | | |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
6 -
10
yrs
exp.
.
Mumbai
(8 salaries)
|
₹15 L/yr - ₹26 L/yr | |
2 -
16
yrs
exp.
.
Mumbai
(6 salaries)
|
₹25 L/yr - ₹34 L/yr | |
Login to view exact salary
| ||
4 -
9
yrs
exp.
.
Mumbai
(5 salaries)
|
₹15 L/yr - ₹25.5 L/yr | |
7 -
10
yrs
exp.
.
Mumbai
(4 salaries)
|
₹7.5 L/yr - ₹10 L/yr | |
4 -
14
yrs
exp.
.
Mumbai
(4 salaries)
|
₹7.6 L/yr - ₹26 L/yr | |
10 -
12
yrs
exp.
.
Mumbai
(4 salaries)
|
₹14 L/yr - ₹14.1 L/yr | |
9 -
12
yrs
exp.
.
Mumbai
(4 salaries)
|
₹5.5 L/yr - ₹10 L/yr | |
|
8 -
12
yrs
exp.
.
Mumbai
(4 salaries)
|
₹11 L/yr - ₹17.8 L/yr | |
Login to view exact salary
| ||
4 -
9
yrs
exp.
.
Mumbai
(4 salaries)
|
₹16 L/yr - ₹19.9 L/yr | |
8 -
12
yrs
exp.
.
Mumbai
(4 salaries)
|
₹22 L/yr - ₹27 L/yr | |
Latest annual salaries shared by Product Development Managers
1d ago
U P Telelinks
Product Development Manager
6 years exp.
2d ago
Arvind Group
Product Development Manager
6 years exp.
3d ago
EPIQ Systems
Product Development Manager
15 years exp.
3d ago
Poly Medicure
Product Development Manager
13 years exp.
4d ago
AYM Syntex
Product Development Manager
8 years exp.
4d ago
Gadre Marine Export
Product Development Manager
13 years exp.
5d ago
Siemens
Product Development Manager
9 years exp.
5d ago
Ankur Seeds
Product Development Manager
6 years exp.
5d ago
Elkem South Asia
Product Development Manager
12 years exp.
5d ago
ITC Limited - Paperboards Specialty Papers Division
Product Development Manager
7 years exp.
View all latest salaries
Product Development Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
4
years
(14
salaries)
| ₹4.2 L/yr - ₹18 L/yr |
5
years
(12
salaries)
| ₹5 L/yr - ₹20 L/yr |
Login to view exact salary
| |
6
years
(17
salaries)
| ₹4.5 L/yr - ₹18.4 L/yr |
7
years
(18
salaries)
| ₹5.4 L/yr - ₹26 L/yr |
8
years
(17
salaries)
| ₹5.4 L/yr - ₹24 L/yr |
View all salaries by experience
Product Development Manager Jobs in Mumbai
Product Development Manager
· 4-8 years
Robert Bosch Engineering and Business Solutions Private Limited
Bangalore / Bengaluru
Product Development Manager
· 4-6 years
Hindustan Coca-Cola Beverages Pvt. Ltd.
Gurgaon / Gurugram
Product Development Manager
· 4-9 years
ITC Ltd
Bangalore / Bengaluru
Salary related reviews by similar designations like Product Development Manager
Zycus Infotech
Product Development Manager in Bangalore / Bengaluru
• posted on 06 May 2022
Likes
Learning opportunities. If u are good everything else will be awesome..
- Skill development - Good
+3 more
Dislikes
Compensation is typically like service based companies who pays much lesser than product based companies. As time lines are aggressive work life balance will always be an issue..
read more- Work-life balance - Poor
Top skills for Product Development Manager
Product Development Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Product Development Manager
4 -
19
years
exp.
| ₹6 L/yr - ₹41 L/yr |
Pune
Product Development Manager
4 -
19
years
exp.
| ₹6 L/yr - ₹38 L/yr |
Login to view exact salary
| |
Chennai
Product Development Manager
4 -
19
years
exp.
| ₹3.6 L/yr - ₹35.3 L/yr |
New Delhi
Product Development Manager
4 -
19
years
exp.
| ₹4.8 L/yr - ₹31 L/yr |
Hyderabad / Secunderabad
Product Development Manager
4 -
18
years
exp.
| ₹5.8 L/yr - ₹45 L/yr |
View More
Product Development Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Manufacturing Product Development Manager
4 -
19
years
exp.
| ₹5 L/yr - ₹35 L/yr |
IT Services & Consulting Product Development Manager
4 -
19
years
exp.
| ₹8 L/yr - ₹49 L/yr |
Login to view exact salary
| |
Software Product Product Development Manager
4 -
19
years
exp.
| ₹13.3 L/yr - ₹47 L/yr |
Industrial Machinery Product Development Manager
4 -
19
years
exp.
| ₹6 L/yr - ₹26.5 L/yr |
Financial Services Product Development Manager
4 -
19
years
exp.
| ₹4.5 L/yr - ₹37.5 L/yr |
View More
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 ₹4.8 Lakhs to ₹33.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.8 Lakhs to ₹33.0 Lakhs per year, with the highest salary reaching ₹25.5 Lakhs to ₹47.3 Lakhs per year. Salary estimates are based on 254 salaries received from various Product Development Managers across industries.
The average starting salary is around ₹4.8 Lakhs to ₹33.0 Lakhs per year, with the highest salary reaching ₹25.5 Lakhs to ₹47.3 Lakhs per year. Salary estimates are based on 254 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
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| 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 |
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
Salary expectations for Product Development Manager may vary based on job roles, experience, and specific employer requirements.
| Product Development Manager Salary in Bangalore / Bengaluru | ₹6.0 Lakhs to ₹41.0 Lakhs per year |
| Product Development Manager Salary in Pune | ₹6.0 Lakhs to ₹38.0 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 |
| Product Development Manager Salary in Hyderabad / Secunderabad | ₹5.8 Lakhs to ₹45.0 Lakhs per year |
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 ₹49.0 Lakhs per year |
| Product Development Manager Salary in Software Product | ₹13.3 Lakhs to ₹47.0 Lakhs per year |
| Product Development Manager Salary in Industrial Machinery | ₹6.0 Lakhs to ₹26.5 Lakhs per year |
| Product Development Manager Salary in Financial Services | ₹4.5 Lakhs to ₹37.5 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:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹4.2 Lakhs to ₹18.0 Lakhs per year |
| 5 years | ₹5.0 Lakhs to ₹20.0 Lakhs per year |
| 6 years | ₹4.5 Lakhs to ₹18.4 Lakhs per year |
| 7 years | ₹5.4 Lakhs to ₹26.0 Lakhs per year |
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