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Ashok Leyland Product Development Manager salaries in India (Updated 2025)

Annual salary range
4 - 16 years exp.
₹4.7 Lakhs - ₹17.7 Lakhs
Salary of majority employees
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52% less than the average Product Development Manager Salary in Automobile Companies for 4 - 16 years of experience

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Salaries in different departments

Research & Development
Product Development Manager Salary
8 - 16 years exp. (12 salaries)
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₹10.2 L/yr - ₹17.7 L/yr

Project & Program Management
Product Development Manager Salary
4 - 10 years exp. (3 salaries)
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₹3.7 L/yr - ₹11.2 L/yr

Last Updated: 27 Jan 2025

Companies similar to Ashok Leyland for Product Development Manager

Company name Avg Annual Salary Open Jobs
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Ford Motor Product Development Manager Salary

15 - 19 years exp. (16 salaries)

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₹25.5 L/yr - ₹47.3 L/yr

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₹12.8 L/yr - ₹28.2 L/yr

arrow icon 77% more
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₹18 L/yr - ₹21.6 L/yr

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₹15 L/yr - ₹18.4 L/yr

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₹22 L/yr - ₹32 L/yr

arrow icon 152% more
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Force Motors Product Development Manager Salary

12 - 14 years exp. (4 salaries)

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₹14.3 L/yr - ₹20.4 L/yr

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₹8 L/yr - ₹10.1 L/yr

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Bajaj Auto Product Development Manager Salary

8 - 10 years exp. (4 salaries)

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₹12.1 L/yr - ₹26 L/yr

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₹9.2 L/yr - ₹11.8 L/yr

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Hero Cycles Product Development Manager Salary

11 - 12 years exp. (3 salaries)

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₹6.1 L/yr - ₹7.5 L/yr

arrow icon 33% less
Product Development Manager salary at Ashok Leyland ranges between ₹4.7 Lakhs to ₹17.7 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of Ashok Leyland.

Latest annual salaries shared by Ashok Leyland Product Development Manager

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Experience wise Ashok Leyland Product Development Manager salaries

Last Updated: 27 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹14.4 L/yr
5 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
7 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
8 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹14.1 L/yr
View all

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Senior Officer Salary
(468 salaries)
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₹3.1 L/yr - ₹8.5 L/yr
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₹16.5 L/yr - ₹45 L/yr
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₹4.2 L/yr - ₹15.35 L/yr
Trainee Salary
(151 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
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₹21 L/yr - ₹51 L/yr
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₹1.5 L/yr - ₹5 L/yr
Sales Executive Salary
(96 salaries)
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₹1.2 L/yr - ₹4.1 L/yr
Senior Engineer Salary
(96 salaries)
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₹2.3 L/yr - ₹10.41 L/yr
Supervisor Salary
(90 salaries)
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₹1.15 L/yr - ₹4 L/yr

Salary related reviews for Ashok Leyland

4.2

Rated by 2 employees for salary & benefits

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 12 Jun 2024

2.0
 for  Salary and Benefits

Likes

Possible to express self. No strict formal attire, Able to interact beyond hierarchy

  • Job security - Good

Dislikes

Boss centric culture, Disparity in appraisal, Job to qualification or salary to experience matching is not possible

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 04 Feb 2023

3.0
 for  Salary and Benefits

Likes

Work life balance, free to work accordingly, medical facility, 5 days working in a week, flexible working hours on site locations.

read more
  • Job security - Good
  • +2 more

Dislikes

Travel & hotel policies, promotions, politics, bare minimum support from superiors, compensation and increments, HR response

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 17 Oct 2023

4.0
 for  Salary and Benefits

Likes

There is enough freedom to express your thoughts. Higher or Top management are approachable Dress code is must only for production unit employees Conveyance is provided at minimal cost from various corners of the city All locations are accessible by public transport system also except founderies

read more
  • Salary - Good
  • +1 more

Dislikes

... Chaos and confusions are common place and last mile delivery is so stressful. Salary policy is non existent. You can see lateral hires getting less than 10 lacs per annum CTC with more than 20 years of experience in domains other than finance or admin. But there are diploma holders with 4 or 5 years experience getting more than 10 lacs per annum . There is no equation suits the distribution.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 18 Dec 2021

5.0
 for  Salary and Benefits

Likes

...security is not 100% sure but this department will help you to grow your career. Will learn about vehicles about compensation extra benifits are available. Mostly work is like travelling only. Work life balance is difficult becoz in this department you need to available for 24/7 getting leave is very difficult. You need to available with in the area at every time.

read more
  • Salary - Excellent
  • +4 more

Dislikes

You need to available 24/7 with in the area more phone calls and mental pressure is there. Becoz of this we are distributed mentally

read more

Full Time

 · 

Service Department

2.0
  •  posted on 13 Jan 2021

1.0
 for  Salary and Benefits

Likes

Most like part is Training on technical skill is good , not more to like

Dislikes

...rrier growth here, In economy crises you will be move out from company anytime. No salary and grade hike if your in CG22 Grade.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Ashok Leyland Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Ashok Leyland ?
The average salary of a Product Development Manager at Ashok Leyland in India typically ranges from ₹4.7 Lakhs to ₹17.7 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Product Development Manager at Ashok Leyland earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹17.7 Lakhs per year. Product Development Manager Salaries at Ashok Leyland 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 10+ Ashok Leyland employees in India.
What is the estimated take home salary of a Product Development Manager at Ashok Leyland in India?
The estimated take-home salary of a Product Development Manager at Ashok Leyland in India typically ranges from ₹75,026 to ₹76,967 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹17.7 Lakhs per year for employees with experience ranging from 4 years to 16 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 10+ salaries received from various employees of Ashok Leyland. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Ashok Leyland for Product Development Manager in India?
Ford Motor ₹25.5 Lakhs to ₹47.3 Lakhs per year
Maruti Suzuki ₹22.0 Lakhs to ₹32.0 Lakhs per year
CNH Industrial ₹18.0 Lakhs to ₹21.6 Lakhs per year
Mahindra & Mahindra ₹12.8 Lakhs to ₹28.2 Lakhs per year
Force Motors ₹14.3 Lakhs to ₹20.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ashok Leyland, depending on the role and experience level.
What is the salary of a Product Development Manager in companies similar to Ashok Leyland in India?
The salary of a Product Development Manager at companies similar to Ashok Leyland in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

VE Commercial Vehicles ₹15.0 Lakhs to ₹18.4 Lakhs per year
Bajaj Auto ₹12.1 Lakhs to ₹26.0 Lakhs per year
Hyundai Motor India Limited ₹9.2 Lakhs to ₹11.8 Lakhs per year
Tata Motors ₹8.0 Lakhs to ₹10.1 Lakhs per year
Hero Cycles ₹6.1 Lakhs to ₹7.5 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 Ashok Leyland in India?
The salary growth for a Product Development Manager at Ashok Leyland depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Ashok Leyland:

Experience Average Salary Range
4 years ₹3.7 Lakhs to ₹14.4 Lakhs per year
5 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
6 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
7 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
and so on.

Tell us how to improve this page.

Ashok Leyland Product Development Manager salary in India ranges between ₹4.7 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Ashok Leyland latest salaries received from various employees of Ashok Leyland.