Asian Paints Mumbai Product Manager Salaries by 10+ Employees (Updated 2025)

1 - 7 years exp.

₹15.2 Lakhs - ₹43 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

61% more than the average Product Manager Salary in Chemicals Companies for 1 - 7 years of experience

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Salaries in different departments

Product Management Product Manager Salary 3 - 7 years exp. (5 salaries)	₹24 L/yr - ₹42 L/yr
IT & Information Security Product Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹39 L/yr
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Project & Program Management Product Manager Salary 6 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹43 L/yr

Last Updated: 1 Apr 2025

Companies similar to Asian Paints for Product Manager in Mumbai

Asian Paints Product Manager Salary

1 - 7 years exp. (14 salaries)

₹15.2 L/yr - ₹43 L/yr

Company name	Avg Annual Salary	Open Jobs
Pidilite Industries Product Manager Salary 3 - 9 years exp. (59 salaries)	₹15 L/yr - ₹40.6 L/yr 6% less
BASF Product Manager Salary 7 - 14 years exp. (4 salaries)	₹16 L/yr - ₹19.7 L/yr 47% less
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ICICI Bank Product Manager Salary 0 - 11 years exp. (2.1k salaries)	₹7.5 L/yr - ₹27 L/yr 47% less
HDFC Bank Product Manager Salary 0 - 14 years exp. (631 salaries)	₹7 L/yr - ₹25.7 L/yr 54% less
Axis Bank Product Manager Salary 0 - 10 years exp. (443 salaries)	₹7 L/yr - ₹28.7 L/yr 50% less

Product Manager salary at Asian Paints ranges between ₹15.2 Lakhs to ₹43 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 14 latest salaries received from various employees of Asian Paints.

Latest annual salaries shared by Asian Paints Product Manager in Mumbai

6d ago

₹42 Lakhs

7 years exp.

2mo ago

₹43 Lakhs

6 years exp.

2mo ago

₹35 Lakhs

5 years exp.

7mo ago

₹32 Lakhs

4 years exp.

9mo ago

₹39 Lakhs

3 years exp.

10mo ago

4 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

2 years exp.

1y ago

4 years exp.

Experience wise Asian Paints Product Manager salaries in Mumbai

Last Updated: 1 Apr 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr
2 years (AmbitionBox Estimate)	₹24.4 L/yr - ₹31.2 L/yr
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3 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.6 L/yr
4 years (5 salaries)	₹26.4 L/yr - ₹59.4 L/yr
5 years (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr
6 years (AmbitionBox Estimate)	₹35 L/yr - ₹44.8 L/yr
7 years (AmbitionBox Estimate)	₹37.7 L/yr - ₹48.2 L/yr

View all

Similar Designation salaries in Asian Paints

Project Manager Salary

(8 salaries)

₹8.3 L/yr - ₹22.51 L/yr

Production Manager Salary

(5 salaries)

₹16 L/yr - ₹44 L/yr

Senior Project Manager Salary

(4 salaries)

₹33.23 L/yr - ₹95 L/yr

Program Manager Salary

(4 salaries)

₹20 L/yr - ₹30 L/yr

Product Manager 2 Salary

(4 salaries)

₹42 L/yr - ₹45 L/yr

Salary related reviews for Asian Paints

4.0

Rated by 1 employees for salary & benefits

Teritory Sales Officer in Guwahati

Full Time

Sales & Business Development Department

1.0

• posted on 18 Feb 2025

5.0

for Salary and Benefits

Likes

Money at the end of the day is the only motivation to work but my company did not pay me since last three months due to a simple mistake that I missed to fetch my hotel bills on their portal as I was not aware of how to do it as I was new hence training and development in office is very poor

Salary - Excellent

+1 more

Dislikes

Your senior managers would force the hell out of you to bring in business or else would criticize you infront of everyone in office or else will force you to resign

Skill development - Poor

+4 more

Finance Manager in Mumbai (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 15 Jan 2025

4.0

for Salary and Benefits

Likes

Good salary compared to industry standards, IT infra support is good. The team members are well trained for respective jobs.

Salary - Good

+1 more

Dislikes

No personal life, no work life balance, expected to work for atleast 12 hrs in a day and on weekends and holidays as well.Too much work pressure to the extent that you are left with no peace of mind

Work-life balance - Bad

Area Sales Manager in Chennai

Full Time

Sales & Business Development Department

2.0

• posted on 06 Nov 2024

2.0

for Salary and Benefits

Likes

Only you can cherish the old golden days. Nothing to appreciate now

Dislikes

Non sense policies of pay grade after promotion. No one works for development of the market. Multiple verticals in Sales team, No integration, no use. Company started accepting fake things.

Salary - Poor

+4 more

Area Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

The compensation at Area Manager and above is unmatched and much higher than industry standards along with a very robust training and induction program to ease you into the system.

Salary - Excellent

+2 more

Dislikes

There is no semblance of work life balance, Company has a concept of Peaking to increase revenue which means the team has to sit biweekly till 12 in the night to hit their targets which are very very aggressive. Company also doesn’t believe in economics and has a habit of setting promise numbers much higher than the growth rate of the Building and chemical industry which unnecessarily puts a lot of pressure on the sales team.

Work satisfaction - Poor

+2 more

Project Sales Officer in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 06 Nov 2024

4.0

for Salary and Benefits

Likes

Salary and the incentive structure is good

Salary - Good

+2 more

Dislikes

Everyday sales pressure, stress will be triple times of the salary you are getting. Even if you are in projects sales then you will be having everyday target. If you didn't finished, the managers will use their local languages.

see more salary related reviews

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What people are saying about Asian Paints

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effortlesssunflower

currently not working

To know about the offer letter duration

I have been selected for the Executive N Retail sales role at Asian Paints. It has been a week, but I have not yet received the offer letter. Could you please tell me how many days it usually takes to receive the offer letter after the final interview? IN APPLICATION IT SHOWING SELECTED/ SALARY FITMENT

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Asian Paints Product Manager Salary FAQs

What is the salary of Product Manager at Asian Paints in Mumbai?

The average salary of a Product Manager at Asian Paints in Mumbai typically ranges from ₹15.2 Lakhs to ₹43.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Product Manager in Mumbai at Asian Paints earn more than ₹42.1 Lakhs per year, and the top 1% earn over ₹43.0 Lakhs per year. Product Manager Salaries at Asian Paints 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+ Asian Paints employees in India.

What is the estimated take home salary of a Product Manager at Asian Paints in Mumbai?

The estimated take-home salary of a Product Manager at Asian Paints in Mumbai typically ranges from ₹2,01,136 to ₹2,09,094 per month. This is based on the average salary range of ₹15.2 Lakhs to ₹43.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 Asian Paints. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Product Manager in companies similar to Asian Paints in Mumbai?

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

Pidilite Industries	₹15.0 Lakhs to ₹40.6 Lakhs per year
BASF	₹16.0 Lakhs to ₹19.7 Lakhs per year
ICICI Bank	₹7.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank	₹7.0 Lakhs to ₹28.7 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.7 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 Manager at Asian Paints in Mumbai?

The salary growth for a Product Manager at Asian Paints 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 Asian Paints:

Experience	Average Salary Range
1 year	₹21.7 Lakhs to ₹27.7 Lakhs per year
2 years	₹24.4 Lakhs to ₹31.2 Lakhs per year
3 years	₹27.0 Lakhs to ₹34.6 Lakhs per year
4 years	₹26.4 Lakhs to ₹59.4 Lakhs per year

and so on.

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Asian Paints Product Manager Salaries in Mumbai

Asian Paints Product Manager salary in Mumbai ranges between ₹15.2 Lakhs to ₹43 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Asian Paints latest salaries received from various employees of Asian Paints.