Apollo Tyres Product Development Manager Salaries by 5 Employees

11 - 15 years exp.

₹15.8 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Product Development Manager Salary in Auto Components Companies for 11 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Research & Development Product Development Manager Salary 11 - 15 years exp. (4 salaries)	₹15.8 L/yr - ₹17.3 L/yr
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Engineering - Software & QA Product Development Manager Salary 15 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr

Last Updated: 19 Apr 2024

Companies similar to Apollo Tyres for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Ceat Tyres Product Development Manager Salary 8 - 11 years exp. (6 salaries)	₹10.9 L/yr - ₹28 L/yr 5% more
Faurecia Product Development Manager Salary 9 - 17 years exp. (5 salaries)	₹14 L/yr - ₹22 L/yr 9% more
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Schaeffler India Product Development Manager Salary 8 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹14.7 L/yr 35% less
JK Tyres Product Development Manager Salary 9 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹16 L/yr 18% less
Michelin Product Development Manager Salary 6 - 7 years exp. (4 salaries)	₹13.6 L/yr - ₹20 L/yr 8% more
Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 25% less	1 job opening
Aptiv Product Development Manager Salary 23 - 27 years exp. (3 salaries)	₹27 L/yr - ₹27.8 L/yr 65% more

Product Development Manager salary at Apollo Tyres ranges between ₹15.8 Lakhs to ₹19 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Apollo Tyres.

Experience wise Apollo Tyres Product Development Manager salaries

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹29.1 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17.3 L/yr
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13 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
14 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.6 L/yr
15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹19 L/yr

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Top skills at Apollo Tyres for Product Development Manager

SAP CO Performance Improvement Costing Product Design SCM New Product Development Market Intelligence Manufacturing Process

Salary related reviews for Apollo Tyres

Senior Associate in Dwarka, New Delhi

Full Time

Human Resources Department

2.0

• posted on 22 Sep 2023

3.0

for Salary and Benefits

Likes

Salary on time and 5 day working culture.

Dislikes

Hr policies and benefits not covered under shared service. Most pathetic work culture hr process manual. Nothing to grow in apollo tyres centre of excellence.

Skill development - Poor

+5 more

Service Executive in Jaipur

Service executive Department

4.0

• posted on 15 Jun 2020

4.0

for Salary and Benefits

Likes

...ve and the management is transparent . But not supporting in COVID-19 lockdown .they are firing me and not give the salary after March.

Salary - Good

+5 more

Dislikes

When I was working there nothing is dislike. Everything is going OK. But in lockdown they are not supporting and not give salary after March.

Job security - Bad

Senior Engineer in Vadodara

Construction & Site Engineering Department

4.0

• posted on 14 Nov 2021

4.0

for Salary and Benefits

Likes

Company's work policies not aligned with practicals. Salary and other welfare is extremely good but worklife balance not there in mid level.

Salary - Good

+1 more

Dislikes

Work life balance and worker oriented culture is not good. Mainly no job segregation in hierarchy. All doing mostly same jobs in same hierarchy. Manager grade also work like supervisor due to work culture which has to be changed sooner. No latest trends training.

Work satisfaction - Poor

+1 more

Customer Service Engineer in Ahmedabad

Sales & Business Development Department

4.0

• posted on 26 Sep 2019

4.0

for Salary and Benefits

Likes

Good culture, team work, good support good opportunity to develop skills, salary good, If u got home location, then no worry about anything..otherwise felts hard . Work pressure too high, due to survive as market leader. I like this company emotionally Bec I learned Lott, company helpful to growth my carrier.

Salary - Good

+6 more

Dislikes

Too much pressure and need to do all other work too. Nothing else to say..

Team Member

Environment Health & Safety Department

5.0

• posted on 25 Jan 2020

4.0

for Salary and Benefits

Likes

Apollo tyres is my first platform to learn more about many things like safety systems and standards . And extra circular activities like sports and pongal celebration.

Salary - Good

+4 more

Dislikes

There is no improvement in package and job position.

see more salary related reviews

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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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Apollo Tyres Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Apollo Tyres ?

The average salary of a Product Development Manager at Apollo Tyres in India typically ranges from ₹15.8 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Product Development Manager at Apollo Tyres earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Product Development Manager Salaries at Apollo Tyres 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 5 Apollo Tyres employees in India.

What is the estimated take home salary of a Product Development Manager at Apollo Tyres in India?

The estimated take-home salary of a Product Development Manager at Apollo Tyres in India typically ranges from ₹1,13,571 to ₹1,16,731 per month. This is based on the average salary range of ₹15.8 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 11 years to 15 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 5 salaries received from various employees of Apollo Tyres. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Manager at Apollo Tyres ?

To be a Product Development Manager at Apollo Tyres in india, the key skills required include:

- SAP CO
- Performance Improvement
- Costing
- Product Design
- SCM

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

Which companies offer higher salaries than Apollo Tyres for Product Development Manager in India?

Aptiv	₹27.0 Lakhs to ₹27.8 Lakhs per year
Faurecia	₹14.0 Lakhs to ₹22.0 Lakhs per year
Michelin	₹13.6 Lakhs to ₹20.0 Lakhs per year
Ceat Tyres	₹10.9 Lakhs to ₹28.0 Lakhs per year

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

What is the salary of a Product Development Manager in companies similar to Apollo Tyres in India?

The salary of a Product Development Manager at companies similar to Apollo Tyres in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JK Tyres	₹9.5 Lakhs to ₹16.0 Lakhs per year
Bosch	₹9.5 Lakhs to ₹22.0 Lakhs per year
Schaeffler India	₹8.3 Lakhs to ₹14.7 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 Development Manager at Apollo Tyres in India?

The salary growth for a Product Development Manager at Apollo Tyres depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Apollo Tyres:

Experience	Average Salary Range
11 years	₹15.8 Lakhs to ₹29.1 Lakhs per year
12 years	₹6.6 Lakhs to ₹17.3 Lakhs per year
13 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
14 years	₹16.0 Lakhs to ₹30.6 Lakhs per year

and so on.

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Apollo Tyres Product Development Manager Salaries

Apollo Tyres Product Development Manager salary in India ranges between ₹15.8 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Apollo Tyres latest salaries received from various employees of Apollo Tyres.