Ajanta Pharma Mumbai Senior Product Manager Salaries by 30+ Employees (Updated 2025)

5 - 12 years exp.

₹8.7 Lakhs - ₹18 Lakhs

Avg. annual salary

Monthly In-hand Salary

59% less than the average Senior Product Manager Salary in Pharma Companies for 5 - 12 years of experience

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Salaries in different departments

Marketing & Communication Senior Product Manager Salary 5 - 12 years exp. (29 salaries)	₹8.7 L/yr - ₹17.5 L/yr
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Healthcare & Life Sciences Senior Product Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.7 L/yr

Last Updated: 19 Mar 2025

Companies similar to Ajanta Pharma for Senior Product Manager in Mumbai

Ajanta Pharma Senior Product Manager Salary

5 - 12 years exp. (32 salaries)

₹8.7 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Lupin Senior Product Manager Salary 6 - 14 years exp. (45 salaries)	₹11 L/yr - ₹24 L/yr 25% more
Sun Pharmaceutical Industries Senior Product Manager Salary 7 - 12 years exp. (27 salaries)	₹11 L/yr - ₹21 L/yr 31% more	3 job openings
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Alkem Laboratories Senior Product Manager Salary 7 - 11 years exp. (26 salaries)	₹9.3 L/yr - ₹15.9 L/yr 1% less	3 job openings
Glenmark Pharmaceuticals Senior Product Manager Salary 6 - 11 years exp. (25 salaries)	₹10.4 L/yr - ₹21 L/yr 31% more
Cipla Senior Product Manager Salary 4 - 11 years exp. (20 salaries)	₹10.1 L/yr - ₹24.5 L/yr 34% more
Ipca Laboratories Senior Product Manager Salary 4 - 11 years exp. (18 salaries)	₹7.4 L/yr - ₹13 L/yr 22% less	1 job opening
Alembic Pharmaceuticals Senior Product Manager Salary 3 - 12 years exp. (14 salaries)	₹10.3 L/yr - ₹16 L/yr 3% more
FDC Senior Product Manager Salary 7 - 14 years exp. (9 salaries)	₹7.3 L/yr - ₹10.8 L/yr 25% less
Zydus Lifesciences Senior Product Manager Salary 7 - 12 years exp. (8 salaries)	₹11.4 L/yr - ₹22.4 L/yr 18% more
Wockhardt Senior Product Manager Salary 5 - 13 years exp. (4 salaries)	₹9.9 L/yr - ₹12.8 L/yr 6% less
MSN Laboratories Senior Product Manager Salary 8 - 13 years exp. (4 salaries)	₹10.6 L/yr - ₹14.3 L/yr 3% less	2 job openings
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Indoco Remedies Senior Product Manager Salary 8 - 11 years exp. (4 salaries)	₹6.5 L/yr - ₹12 L/yr 32% less

Senior Product Manager salary at Ajanta Pharma ranges between ₹8.7 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 32 latest salaries received from various employees of Ajanta Pharma.

Latest annual salaries shared by Ajanta Pharma Senior Product Manager in Mumbai

3w ago

₹12.5 Lakhs

7 years exp.

2mo ago

₹14.7 Lakhs

6 years exp.

3mo ago

₹12.5 Lakhs

6 years exp.

6mo ago

₹13.1 Lakhs

9 years exp.

9mo ago

₹13 Lakhs

10 years exp.

9mo ago

8 years exp.

11mo ago

7 years exp.

1y ago

7 years exp.

1y ago

12 years exp.

1y ago

6 years exp.

Experience wise Ajanta Pharma Senior Product Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
6 years (4 salaries)	₹9.1 L/yr - ₹14.7 L/yr
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7 years (6 salaries)	₹10.5 L/yr - ₹13.4 L/yr
8 years (5 salaries)	₹8.7 L/yr - ₹17 L/yr
9 years (4 salaries)	₹9 L/yr - ₹18 L/yr
10 years (3 salaries)	₹9 L/yr - ₹15.8 L/yr
11 years (6 salaries)	₹10.3 L/yr - ₹17.5 L/yr
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr

View all

From

Senior Product Manager

5 - 12 years exp.

Group Product Manager

8 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Ajanta Pharma

Group Product Manager Salary

(33 salaries)

₹9.5 L/yr - ₹26.3 L/yr

Deputy Manager Salary

(25 salaries)

₹9.95 L/yr - ₹20.45 L/yr

Assistant Product Manager Salary

(21 salaries)

₹4.5 L/yr - ₹9.5 L/yr

Product Manager Salary

(20 salaries)

₹6.6 L/yr - ₹12.87 L/yr

Project Manager Salary

(3 salaries)

₹10 L/yr - ₹14.5 L/yr

Top skills at Ajanta Pharma for Senior Product Manager

Brand Promotion Product Launch New Product Launch Campaign Management Product Management Presentation Skills Brand Management Cardiology Dermatology Brand Planning Brand Awareness Marketing Marketing Communication Effective Communication

Salary related reviews for Ajanta Pharma

3.4

Rated by 4 employees for salary & benefits

Assistant Product Manager in Mumbai

Full Time

Other Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Weekend off, work life balance, salary on time

Job security - Good

Dislikes

Perticular in my division, all the marketing activities are religion centric... All work done at last minute rush.. no proper planning and main thing No guidance from Marketing Manager.. running the division like dictator.

Skill development - Bad

Deputy Manager in Mumbai

Full Time

Marketing & Communication Department

3.0

• posted on 26 Feb 2023

3.0

for Salary and Benefits

Likes

My opinions are based for Ajanta International - Andheri. The office Infrastructure, Annual increment percentage, entry package negotiations, except sometimes no taking your work to home, Sat-Sun complete weekoff. Big vision friendly screens are offered apart from laptop to save your eyes from strain and blue light along with external keyboard and mouse if required.

Promotions - Excellent

+1 more

Dislikes

Employee policies need to be worked a lot. Your whole salary is taxable and their are no components like sodexo, uniform to save you from taxes. You have only 24 paid leaves + 12 govt holidays annually. Punching time has now 2 hours bracket, previously it was only 15 mins. If you are late > 3 times a month your half day salary will be deducted. They have strict 9 hours/ day working policy. Even a deviation of single minute will cost you a half day. At the end you enjoy working wherever on the planet if your boss is good and supportive. I left company due to my toxic boss.

Skill development - Poor

+1 more

Assistant Product Manager in Kandivali West

Marketing & Communication Department

5.0

• posted on 19 Apr 2022

2.0

for Salary and Benefits

Likes

Top brands exposure, Deep market knowledge, Lots of Data available for analysis.

Job security - Excellent

+4 more

Dislikes

High level of salary negotiation and Lower package and position offered, Mediclaim policy which does not cover maternity.

Salary - Poor

Executive Engineer in Guwahati

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Oct 2024

3.0

for Salary and Benefits

Likes

There is freedom to work and the coordination between the departments for any related work is very good and job security also good.

Skill development - Good

+4 more

Dislikes

... no provision and policy for accidental insurance etc. There is no bonus system. The salary structure is not good for the fresher candidates as per their qualification.

Medical Representative in Vijayapura

Full Time

Sales & Business Development Department

5.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Company culture and social activities Good house

Salary - Good

+4 more

Dislikes

Marketing budget is very less and plan limted activities Superior authority management need to listen lower employees No bonus system No management support

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Ajanta Pharma Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at Ajanta Pharma in Mumbai?

The average salary of a Senior Product Manager at Ajanta Pharma in Mumbai typically ranges from ₹8.7 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Senior Product Manager in Mumbai at Ajanta Pharma earn more than ₹17.2 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Product Manager Salaries at Ajanta Pharma can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Ajanta Pharma employees in India.

What is the estimated take home salary of a Senior Product Manager at Ajanta Pharma in Mumbai?

The estimated take-home salary of a Senior Product Manager at Ajanta Pharma in Mumbai typically ranges from ₹90,653 to ₹93,037 per month. This is based on the average salary range of ₹8.7 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Ajanta Pharma. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Product Manager at Ajanta Pharma in Mumbai?

To be a Senior Product Manager at Ajanta Pharma in Mumbai, the key skills required include:

- Brand Promotion
- Product Launch
- New Product Launch
- Campaign Management
- Product Management

These skills are highly valued at Ajanta Pharma and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Ajanta Pharma for Senior Product Manager in India?

Cipla	₹10.1 Lakhs to ₹24.5 Lakhs per year
Sun Pharmaceutical Industries	₹11.0 Lakhs to ₹21.0 Lakhs per year
Glenmark Pharmaceuticals	₹10.4 Lakhs to ₹21.0 Lakhs per year
Lupin	₹11.0 Lakhs to ₹24.0 Lakhs per year
Zydus Lifesciences	₹11.4 Lakhs to ₹22.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ajanta Pharma, depending on the role and experience level.

What is the salary of a Senior Product Manager in companies similar to Ajanta Pharma in Mumbai?

The salary of a Senior Product Manager at companies similar to Ajanta Pharma in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alembic Pharmaceuticals	₹10.3 Lakhs to ₹16.0 Lakhs per year
Alkem Laboratories	₹9.3 Lakhs to ₹15.9 Lakhs per year
MSN Laboratories	₹10.6 Lakhs to ₹14.3 Lakhs per year
Wockhardt	₹9.9 Lakhs to ₹12.8 Lakhs per year
Ipca Laboratories	₹7.4 Lakhs to ₹13.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Product Manager at Ajanta Pharma in Mumbai?

The salary growth for a Senior Product Manager at Ajanta Pharma in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager in Mumbai can expect the following growth trajectory at Ajanta Pharma:

Experience	Average Salary Range
5 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
6 years	₹9.1 Lakhs to ₹14.7 Lakhs per year
7 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
8 years	₹8.7 Lakhs to ₹17.0 Lakhs per year

and so on.

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Ajanta Pharma Senior Product Manager Salaries in Mumbai

Ajanta Pharma Senior Product Manager salary in Mumbai ranges between ₹8.7 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Ajanta Pharma latest salaries received from various employees of Ajanta Pharma.