Alkem Laboratories Mumbai Product Manager Salaries by 40+ Employees (Updated 2025)

3 - 10 years exp.

₹7 Lakhs - ₹12 Lakhs

Salary of majority employees

50% less than the average Product Manager Salary in Pharma Companies for 3 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Product Manager Salary 3 - 10 years exp. (35 salaries)	₹7.1 L/yr - ₹12 L/yr
Healthcare & Life Sciences Product Manager Salary 3 - 9 years exp. (3 salaries)	₹7 L/yr - ₹11.4 L/yr
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Product Management Product Manager Salary 3 - 10 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.2 L/yr

Last Updated: 23 Mar 2025

Companies similar to Alkem Laboratories for Product Manager in Mumbai

Alkem Laboratories Product Manager Salary

3 - 10 years exp. (44 salaries)

₹7 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Abbott Product Manager Salary 1 - 8 years exp. (62 salaries)	₹10.3 L/yr - ₹20 L/yr 47% more	3 job openings
Sun Pharmaceutical Industries Product Manager Salary 3 - 9 years exp. (57 salaries)	₹7 L/yr - ₹15 L/yr 15% more
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Ipca Laboratories Product Manager Salary 3 - 10 years exp. (40 salaries)	₹5 L/yr - ₹9.5 L/yr 27% less	1 job opening
Dr. Reddy's Product Manager Salary 2 - 10 years exp. (32 salaries)	₹9 L/yr - ₹24 L/yr 57% more
Lupin Product Manager Salary 1 - 8 years exp. (31 salaries)	₹6 L/yr - ₹15.8 L/yr 11% more
Alembic Pharmaceuticals Product Manager Salary 1 - 8 years exp. (25 salaries)	₹6 L/yr - ₹10.5 L/yr 17% less	1 job opening
Zydus Lifesciences Product Manager Salary 2 - 9 years exp. (22 salaries)	₹7 L/yr - ₹16.5 L/yr 3% more	1 job opening
Ajanta Pharma Product Manager Salary 5 - 12 years exp. (20 salaries)	₹6.6 L/yr - ₹12.9 L/yr 4% more	1 job opening
Glenmark Pharmaceuticals Product Manager Salary 2 - 9 years exp. (17 salaries)	₹10.5 L/yr - ₹16.5 L/yr 30% more
Cipla Product Manager Salary 1 - 8 years exp. (16 salaries)	₹7.5 L/yr - ₹19.5 L/yr 24% more
Indoco Remedies Product Manager Salary 3 - 8 years exp. (15 salaries)	₹6.1 L/yr - ₹9.5 L/yr 23% less
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FDC Product Manager Salary 4 - 9 years exp. (14 salaries)	₹6 L/yr - ₹10 L/yr 12% less
Wockhardt Product Manager Salary 3 - 11 years exp. (12 salaries)	₹7.5 L/yr - ₹11.1 L/yr 6% less	1 job opening
GlaxoSmithKline Pharmaceuticals Product Manager Salary 1 - 12 years exp. (12 salaries)	₹12 L/yr - ₹28 L/yr 102% more
Torrent Pharmaceuticals Product Manager Salary 7 - 11 years exp. (8 salaries)	₹10.9 L/yr - ₹17.5 L/yr 34% more	1 job opening
J B Chemicals And Pharmaceuticals Product Manager Salary 1 - 7 years exp. (8 salaries)	₹6 L/yr - ₹9 L/yr 28% less
Mankind Pharma Product Manager Salary 5 - 11 years exp. (6 salaries)	₹9.8 L/yr - ₹16.5 L/yr 28% more
Novo Nordisk Product Manager Salary 3 - 6 years exp. (4 salaries)	₹6 L/yr - ₹18.1 L/yr 24% more

Product Manager salary at Alkem Laboratories ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 44 latest salaries received from various employees of Alkem Laboratories.

Experience wise Alkem Laboratories Product Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
3 years (7 salaries)	₹7 L/yr - ₹11.2 L/yr
4 years (8 salaries)	₹7.3 L/yr - ₹11.2 L/yr
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5 years (8 salaries)	₹7.7 L/yr - ₹10.3 L/yr
6 years (7 salaries)	₹7.9 L/yr - ₹11.6 L/yr
7 years (5 salaries)	₹7.9 L/yr - ₹12 L/yr
8 years (5 salaries)	₹8.3 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr

View all

From

Product Manager

₹

Lakhs/yr

3 - 10 years exp.

Assistant General Manager Marketing

₹

Lakhs/yr

10 - 20 years exp.

Product Manager

3 - 10 years exp.

Senior Product Manager

7 - 11 years exp.

35% hike

Group Product Manager

9 - 14 years exp.

41% hike

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 Alkem Laboratories

Group Product Manager Salary

(53 salaries)

₹10.5 L/yr - ₹27 L/yr

Deputy Manager Salary

(48 salaries)

₹9.9 L/yr - ₹18.75 L/yr

Senior Product Manager Salary

(26 salaries)

₹9.25 L/yr - ₹15.85 L/yr

Assistant Product Manager Salary

(22 salaries)

₹5.5 L/yr - ₹11 L/yr

Project Manager Salary

(4 salaries)

₹3.8 L/yr - ₹13 L/yr

Product Owner Salary

(3 salaries)

₹14.4 L/yr - ₹18.4 L/yr

Top skills at Alkem Laboratories for Product Manager

Product Management Marketing Brand Management Product Marketing Brand Planning Life Cycle Product Strategy PMT Corrective Action Brand Strategy Product Management Product Innovation Product Conceptualization Team Building Marketing

Salary related reviews for Alkem Laboratories

2.3

Rated by 7 employees for salary & benefits

Assistant Manager in Daman & Diu

Full Time

Media Production & Entertainment Department

4.0

• posted on 15 Feb 2025

5.0

for Salary and Benefits

Likes

Work life is balanced , plants works in 3 shift, salary on time before completion of the months, Leaves credited in to the account at the time of joining on pro rata basis, mediclaim is free for employee his spouse and 2 dependent, if you ask for relocation amount and fnf amount with HR, THEY PROVIDED ,job is secured if you are not doing any DI Violation.

Salary - Excellent

+5 more

Dislikes

Deduction of gratuity amount from CTC but only Get after completion of 5 year.

Area Business Manager in Bhopal

Full Time

Marketing & Communication Department

3.0

• posted on 28 Jan 2025

4.0

for Salary and Benefits

Likes

Ranking of company On time salary Incentive and allowance Some policies like health insurance Shagun policies etc.

Salary - Good

Dislikes

HR has no domination. Management dose the dictatorship with employees No job sequrity for those who wants to stay with alkem.

Job security - Bad

+3 more

Assistant Manager Packaging Development in Hyderabad / Secunderabad

Full Time

Research & Development Department

2.0

• posted on 09 Dec 2024

3.0

for Salary and Benefits

Likes

Salary coming on time

Dislikes

... for same data again in hard copy which was upload to there online site already. Canteen:- facility is unhygienic and poor Manpower managements: Is poor Work related :- JD provided during interview is okay but they were change after joining and forcing to do task not related to my JD Salary Payment:- come on time but the claim we have to do will come after many follow up , like we are come here to do work or follow-ups. Team:- Team members have not even talk in a month if a person is looking plant individually Politics:- Is extremely on it’s peak with sweet poison

Skill development - Bad

+3 more

Medical Representative in Mathura

Full Time

Marketing & Communication Department

5.0

• posted on 03 Jul 2024

5.0

for Salary and Benefits

Likes

Salary should be paid on time, every work should be done as per the system, every work should be transparent even at the stockist level

Salary - Excellent

+6 more

Dislikes

...e ME has resigned from the company then why did he do so without further notice. ZBM also does not pay attention to what the actual problem of ME is and considers the report of DSM as the final report.

Senior Officer in Baddi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 29 Dec 2023

3.0

for Salary and Benefits

Likes

1. Great Co-workers 2. Work Environment 3. Good Benefits 4. Interesting Work 5. Good Pay 6. Work-Life Balance 7. Flexible Work Schedule 8. Company Culture 9. Fast-Paced Environment 10. Smart People

Skill development - Good

+5 more

Dislikes

1. Long hours 2. Low Pay 3. Management 4. Inflexible Work Schedule 5. Few Career Opportunities 6. Poor Company Culture 7. Few Training Opportunities 8. Little Fun

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Alkem Laboratories Product Manager Salary FAQs

What is the salary of Product Manager at Alkem Laboratories in Mumbai?

The average salary of a Product Manager at Alkem Laboratories in Mumbai typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Product Manager in Mumbai at Alkem Laboratories earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Product Manager Salaries at Alkem Laboratories 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 40+ Alkem Laboratories employees in India.

What is the estimated take home salary of a Product Manager at Alkem Laboratories in Mumbai?

The estimated take-home salary of a Product Manager at Alkem Laboratories in Mumbai typically ranges from ₹74,559 to ₹76,488 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 40+ salaries received from various employees of Alkem Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Alkem Laboratories in Mumbai?

To be a Product Manager at Alkem Laboratories in Mumbai, the key skills required include:

- Product Management
- Marketing
- Brand Management
- Product Marketing
- Brand Planning

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

Which companies offer higher salaries than Alkem Laboratories for Product Manager in India?

GlaxoSmithKline Pharmaceuticals	₹12.0 Lakhs to ₹28.0 Lakhs per year
Dr. Reddy's	₹9.0 Lakhs to ₹24.0 Lakhs per year
Abbott	₹10.3 Lakhs to ₹20.0 Lakhs per year
Torrent Pharmaceuticals	₹10.9 Lakhs to ₹17.5 Lakhs per year
Glenmark Pharmaceuticals	₹10.5 Lakhs to ₹16.5 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Alkem Laboratories in Mumbai?

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

Mankind Pharma	₹9.8 Lakhs to ₹16.5 Lakhs per year
Cipla	₹7.5 Lakhs to ₹19.5 Lakhs per year
Novo Nordisk	₹6.0 Lakhs to ₹18.1 Lakhs per year
Sun Pharmaceutical Industries	₹7.0 Lakhs to ₹15.0 Lakhs per year
Lupin	₹6.0 Lakhs to ₹15.8 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 Product Manager at Alkem Laboratories in Mumbai?

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

Experience	Average Salary Range
3 years	₹7.0 Lakhs to ₹11.2 Lakhs per year
4 years	₹7.3 Lakhs to ₹11.2 Lakhs per year
5 years	₹7.7 Lakhs to ₹10.3 Lakhs per year
6 years	₹7.9 Lakhs to ₹11.6 Lakhs per year

and so on.

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Alkem Laboratories Product Manager Salaries in Mumbai

Alkem Laboratories Product Manager salary in Mumbai ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 Alkem Laboratories latest salaries received from various employees of Alkem Laboratories.