Ashok Leyland Product Development Manager Salaries by 10+ Employees (Updated 2024)

8 - 16 years exp.

₹8.8 Lakhs - ₹17.7 Lakhs

Salary of majority employees

45% less than the average Product Development Manager Salary in Automobile Companies for 8 - 16 years of experience

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Salaries in different departments

Research & Development Product Development Manager Salary 8 - 16 years exp. (13 salaries)	₹10.2 L/yr - ₹17.7 L/yr
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Project & Program Management Product Development Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.6 L/yr

Last Updated: 29 Nov 2024

Companies similar to Ashok Leyland for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Product Development Manager Salary 3 - 10 years exp. (4 salaries)	₹8 L/yr - ₹10.1 L/yr 23% less
Mahindra & Mahindra Product Development Manager Salary 6 - 24 years exp. (16 salaries)	₹12.8 L/yr - ₹28.2 L/yr 58% more
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Maruti Suzuki Product Development Manager Salary 9 - 14 years exp. (5 salaries)	₹22 L/yr - ₹32 L/yr 121% more
Bajaj Auto Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹12.1 L/yr - ₹26 L/yr 32% more
Force Motors Product Development Manager Salary 12 - 14 years exp. (4 salaries)	₹14.3 L/yr - ₹20.4 L/yr 53% more
Ford Motor Product Development Manager Salary 15 - 19 years exp. (16 salaries)	₹25.5 L/yr - ₹47.3 L/yr 226% more
CNH Industrial Product Development Manager Salary 11 - 19 years exp. (7 salaries)	₹18 L/yr - ₹21.6 L/yr 68% more
VE Commercial Vehicles Product Development Manager Salary 15 - 20 years exp. (5 salaries)	₹15 L/yr - ₹18.4 L/yr 43% more
Hyundai Motor India Limited Product Development Manager Salary 12 - 14 years exp. (3 salaries)	₹9.2 L/yr - ₹11.8 L/yr 14% less
Hero Cycles Product Development Manager Salary 11 - 12 years exp. (3 salaries)	₹6.1 L/yr - ₹7.5 L/yr 41% less

Product Development Manager salary at Ashok Leyland ranges between ₹8.8 Lakhs to ₹17.7 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of Ashok Leyland.

Experience wise Ashok Leyland Product Development Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹14.1 L/yr
9 years (4 salaries)	₹4.7 L/yr - ₹14.1 L/yr
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10 years (4 salaries)	₹4.7 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
13 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.3 L/yr - ₹17.7 L/yr

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Salary related reviews for Ashok Leyland

4.2

Rated by 2 employees for salary & benefits

Deputy Manager in Chennai

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

Dislikes

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

Deputy Manager in Chennai

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

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.

Field Service Engineer in Pondicherry / Puducherry

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.

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

Service Manager in Pune

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.

Deputy Manager in Hosur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Nov 2019

1.0

for Salary and Benefits

Likes

Very few lateral entries who still working for lower bucks

Dislikes

Compensation is very low for lateral entries. And growth also very narrow. Since it is a automotive type daily work pressure will be high to meet the customers and projects requirements. During appraisal my achievements are not appreciated and considered and each time my manager tells it was management driven project. Senior HR people always telling that Ashokleyland one of the highest payers in India, which is absolute fake statement. Mid management

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ashok Leyland Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Ashok Leyland?

Product Development Manager salary at Ashok Leyland in India ranges between ₹8.8 Lakhs to ₹17.7 Lakhs for experience between 8 years to 16 years. According to our estimates it is 45% less than the average Product Development Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Ashok Leyland India.

How does the salary of a Product Development Manager at Ashok Leyland India compare with the average salary range for this job?

The average salary of a Product Development Manager at Ashok Leyland is 45% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Ashok Leyland to a Product Development Manager in India?

Ford Motor Product Development Manager Salary - ₹25.5 Lakhs to ₹47.3 Lakhs per year
Maruti Suzuki Product Development Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year
CNH Industrial Product Development Manager Salary - ₹18.0 Lakhs to ₹21.6 Lakhs per year
Mahindra & Mahindra Product Development Manager Salary - ₹12.8 Lakhs to ₹28.2 Lakhs per year
Force Motors Product Development Manager Salary - ₹14.3 Lakhs to ₹20.4 Lakhs per year

What is the salary of a Product Development Manager in companies similar to Ashok Leyland in India?

VE Commercial Vehicles Product Development Manager Salary - ₹15.0 Lakhs to ₹18.4 Lakhs per year
Bajaj Auto Product Development Manager Salary - ₹12.1 Lakhs to ₹26.0 Lakhs per year
Hyundai Motor India Limited Product Development Manager Salary - ₹9.2 Lakhs to ₹11.8 Lakhs per year
Tata Motors Product Development Manager Salary - ₹8.0 Lakhs to ₹10.1 Lakhs per year
Hero Cycles Product Development Manager Salary - ₹6.1 Lakhs to ₹7.5 Lakhs per year

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 ranges between ₹84,718 per month to ₹86,934 per month in India. The take-home salary calculation is based on the average Ashok Leyland Product Development Manager salary in India which ranges between ₹8.8 Lakhs to ₹17.7 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at Ashok Leyland?

According to AmbitionBox, 50% of the Ashok Leyland Product Development Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Ashok Leyland Product Development Manager Salaries

Ashok Leyland Product Development Manager salary in India ranges between ₹8.8 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Ashok Leyland latest salaries received from various employees of Ashok Leyland.