Product Manager
Annual salary range
₹6 Lakhs - ₹30 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 Manager Salary in Mumbai (Updated 2025)
based on 10.4k
latest salaries
• updated:
19 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Product Manager Salary in Mumbai ranges between ₹6 Lakhs to ₹30 Lakhs for 2 years of experience to 13 years of experience. Salary estimates are based on 10.4k latest salaries received from Product Manager.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Arcesium Product Manager Salary
5 years exp |  | |
Atlassian Product Manager Salary
5 years exp | | |
 Product Manager Salary
5 years exp | | 1 job opening |
 Product Manager Salary
5 years exp | | |
 Product Manager Salary
5 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
9 -
16
yrs
exp.
.
Mumbai
(15 salaries)
|
₹14 L/yr - ₹35.5 L/yr | |
4 -
8
yrs
exp.
.
Mumbai
(15 salaries)
|
₹21 L/yr - ₹35 L/yr | |
Login to view exact salary
| ||
0 -
8
yrs
exp.
.
Mumbai
(15 salaries)
|
₹11.3 L/yr - ₹29.3 L/yr | 1 job opening |
3 -
8
yrs
exp.
.
Mumbai
(15 salaries)
|
₹6.1 L/yr - ₹9.5 L/yr | |
2 -
10
yrs
exp.
.
Mumbai
(14 salaries)
|
₹14 L/yr - ₹38 L/yr | |
4 -
9
yrs
exp.
.
Mumbai
(14 salaries)
|
₹6 L/yr - ₹10 L/yr | 1 job opening |
1 -
12
yrs
exp.
.
Mumbai
(14 salaries)
|
₹12 L/yr - ₹34 L/yr | |
3 -
11
yrs
exp.
.
Mumbai
(14 salaries)
|
₹6.5 L/yr - ₹15 L/yr | |
Login to view exact salary
| ||
2 -
10
yrs
exp.
.
Mumbai
(14 salaries)
|
₹11 L/yr - ₹27 L/yr | |
0 -
9
yrs
exp.
.
Mumbai
(14 salaries)
|
₹2 L/yr - ₹10.7 L/yr | |
Latest annual salaries shared by Product Managers
1d ago
sploot
Product Manager
2 years exp.
1d ago
SMC Group of Companies
Product Manager
5 years exp.
1d ago
Mahindra Tractors
Product Manager
10 years exp.
1d ago
Axiom Energy Conversion
Product Manager
3 years exp.
1d ago
Orient Electric
Product Manager
4 years exp.
1d ago
ICICI Bank
Product Manager
7 years exp.
1d ago
Zigma Technologies
Product Manager
9 years exp.
1d ago
MyTeam11
Product Manager
6 years exp.
1d ago
Adform
Product Manager
11 years exp.
1d ago
ELi Technology
Product Manager
5 years exp.
View all latest salaries
Product Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(1.5k
salaries)
| ₹5 L/yr - ₹23.5 L/yr |
3
years
(1.6k
salaries)
| ₹5.3 L/yr - ₹26 L/yr |
Login to view exact salary
| |
4
years
(1.5k
salaries)
| ₹5.6 L/yr - ₹28 L/yr |
5
years
(1.4k
salaries)
| ₹6 L/yr - ₹30 L/yr |
6
years
(1.1k
salaries)
| ₹6 L/yr - ₹30.5 L/yr |
View all salaries by experience
Product Manager Jobs in Mumbai
Product Manager
· 2-6 years
Amazon India Software Dev Centre Pvt Ltd
Bangalore / Bengaluru
Product Manager
· 0-4 years
Equitas Small Finance Bank Ltd
Nashik
Product Manager
· 3-8 years
Saint Gobain
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Product Manager 2 Salary
3 -
10
years
exp.
(77 salaries)
| ₹12 L/yr - ₹45.5 L/yr |
Project Manager Salary
4 -
18
years
exp.
(14.1k salaries)
| ₹4.8 L/yr - ₹28 L/yr |
Login to view exact salary
| |
Production Manager Salary
3 -
23
years
exp.
(2.6k salaries)
| ₹2.8 L/yr - ₹21.5 L/yr |
Product Owner Salary
4 -
14
years
exp.
(514 salaries)
| ₹8 L/yr - ₹34 L/yr |
Program Manager Salary
3 -
19
years
exp.
(2.3k salaries)
| ₹5 L/yr - ₹37.3 L/yr |
View more similar designations
Salary related reviews by similar designations like Product Manager
Info Edge
Deputy Manager in Noida
• posted on 29 Dec 2024
Likes
Info Edge is parent company to Naukri, where the work life balance is good. Employees are treated well. Of course this would be a good place to start your career but should not stay more than 2- 3 years. Growth and learning will go down after this point.
read more- Job security - Excellent
+2 more
Dislikes
I am writing the about Naukri whose parent company is Info Edge. The salary and growth part is very low. Career wise we cannot stick to the role or company for a long term. Maximum 3 years. Post which the company will stop giving you a good appraisals. All the learnings can be done in 2 years post which it not a advise able to stay in the company.
read more- Promotions - Poor
Infosys
Project Manager in Pune
• posted on 24 Jan 2025
Likes
Work from home policy. Campus.
- Skill development - Good
+1 more
Dislikes
... or perks given to employees which matter to them or give them feel good factor. No transparency in appraisal cycle and salary revisions. No information is shared with employees and we only come to know from outside news.
read moreIDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
L&T Finance
Senior Manager in Mumbai
• posted on 24 Jan 2025
Likes
The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.
read more- Work-life balance - Good
Dislikes
While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.
read more- Skill development - Poor
+4 more
Deloitte
Deputy Manager in Mumbai
• posted on 09 Jan 2025
Likes
1. Good knowledge Growth 2. You get to handle projects very early on that gives you opportunity to grow faster:
- Skill development - Excellent
+1 more
Dislikes
...e balance is not there 2. Almost everyday working hours goes around 12-14 hrs 3. Pay is comparatively lower than other Big 4
read more- Promotions - Poor
+1 more
Top skills for Product Manager
Product Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Product Manager
2 -
13
years
exp.
| ₹8 L/yr - ₹41.8 L/yr |
Gurgaon / Gurugram
Product Manager
2 -
13
years
exp.
| ₹8 L/yr - ₹37.8 L/yr |
Login to view exact salary
| |
New Delhi
Product Manager
2 -
13
years
exp.
| ₹5 L/yr - ₹33 L/yr |
Hyderabad / Secunderabad
Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹37.5 L/yr |
Pune
Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹36 L/yr |
View More
Product Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Internet Product Manager
2 -
13
years
exp.
| ₹8.7 L/yr - ₹41.4 L/yr |
Financial Services Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹33.8 L/yr |
Login to view exact salary
| |
IT Services & Consulting Product Manager
2 -
13
years
exp.
| ₹8.2 L/yr - ₹40 L/yr |
Software Product Product Manager
2 -
13
years
exp.
| ₹9.6 L/yr - ₹43.6 L/yr |
Banking Product Manager
2 -
12
years
exp.
| ₹6 L/yr - ₹26 L/yr |
View More
Frequently Asked Questions (FAQS) about Product Manager Salaries
What is the salary of a Product Manager in India?
The salary of a Product Manager in India varies based on experience, location, company & Industry.
On average, Product Manager salaries ranges from ₹6.0 Lakhs to ₹30.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹6.0 Lakhs to ₹30.0 Lakhs per year, with the highest salary reaching ₹35.0 Lakhs to ₹87.3 Lakhs per year. Salary estimates are based on 10.4k salaries received from various Product Managers across industries.
The average starting salary is around ₹6.0 Lakhs to ₹30.0 Lakhs per year, with the highest salary reaching ₹35.0 Lakhs to ₹87.3 Lakhs per year. Salary estimates are based on 10.4k salaries received from various Product Managers across industries.
What are the top paying companies that employ Product Managers?
Product Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Arcesium Product Manager Salary | ₹35 Lakhs to ₹87.3 Lakhs per year |
| Atlassian Product Manager Salary | ₹32 Lakhs to ₹76 Lakhs per year |
| InMobi Product Manager Salary | ₹25 Lakhs to ₹59 Lakhs per year |
| Navi Technologies Product Manager Salary | ₹35.5 Lakhs to ₹45 Lakhs per year |
| Tesco Product Manager Salary | ₹29 Lakhs to ₹38.3 Lakhs per year |
What are the top paying cities for Product Manager in India?
The annual salary for Product Manager in India varies by location. Top paying cities for Product Manager are
Salary expectations for Product Manager may vary based on job roles, experience, and specific employer requirements.
| Product Manager Salary in Bangalore / Bengaluru | ₹8.0 Lakhs to ₹41.8 Lakhs per year |
| Product Manager Salary in Gurgaon / Gurugram | ₹8.0 Lakhs to ₹37.8 Lakhs per year |
| Product Manager Salary in New Delhi | ₹5.0 Lakhs to ₹33.0 Lakhs per year |
| Product Manager Salary in Hyderabad / Secunderabad | ₹6.0 Lakhs to ₹37.5 Lakhs per year |
| Product Manager Salary in Pune | ₹6.0 Lakhs to ₹36.0 Lakhs per year |
What are the top paying industries for Product Manager in India?
Top 5 paying Industries for Product Manager in India are:
| Product Manager Salary in Internet | ₹8.7 Lakhs to ₹41.4 Lakhs per year |
| Product Manager Salary in Financial Services | ₹6.0 Lakhs to ₹33.8 Lakhs per year |
| Product Manager Salary in IT Services & Consulting | ₹8.2 Lakhs to ₹40.0 Lakhs per year |
| Product Manager Salary in Software Product | ₹9.6 Lakhs to ₹43.6 Lakhs per year |
| Product Manager Salary in Banking | ₹6.0 Lakhs to ₹26.0 Lakhs per year |
How does experience affect salaries of a Product Manager in India?
Experience significantly impacts a Product Manager salary in India. Salaries increase with experience, as Product Manager take on more complex tasks, responsibilities, and leadership roles.
Product Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹5.0 Lakhs to ₹23.5 Lakhs per year |
| 3 years | ₹5.3 Lakhs to ₹26.0 Lakhs per year |
| 4 years | ₹5.6 Lakhs to ₹28.0 Lakhs per year |
| 5 years | ₹6.0 Lakhs to ₹30.0 Lakhs per year |
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