Bajaj Electricals Product Development Manager Salaries by 7 Employees (Updated 2025)

10 - 12 years exp.

₹14 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Product Development Manager Salary in Consumer Electronics & Appliances Companies for 10 - 12 years of experience

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Salaries in different departments

Research & Development Product Development Manager Salary 10 - 12 years exp. (5 salaries)	₹14.5 L/yr - ₹23 L/yr
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Procurement & Supply Chain Product Development Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 8 Feb 2025

Companies similar to Bajaj Electricals for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Development Manager Salary 10 - 18 years exp. (25 salaries)	₹15.2 L/yr - ₹40 L/yr 74% more
Lava International Product Development Manager Salary 3 - 6 years exp. (10 salaries)	₹15 L/yr - ₹20 L/yr 2% more
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LG Electronics Product Development Manager Salary 8 - 12 years exp. (5 salaries)	₹18.7 L/yr - ₹25.5 L/yr 22% more
USHA International Product Development Manager Salary 11 - 15 years exp. (5 salaries)	₹9 L/yr - ₹14 L/yr 38% less
Whirlpool Product Development Manager Salary 9 - 22 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 19% less
Intex Technologies Product Development Manager Salary 8 - 22 years exp. (3 salaries)	₹9 L/yr - ₹15 L/yr 32% less
Samsung Product Development Manager Salary 13 - 14 years exp. (3 salaries)	₹10 L/yr - ₹18 L/yr 30% less

Product Development Manager salary at Bajaj Electricals ranges between ₹14 Lakhs to ₹23 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Electricals.

Experience wise Bajaj Electricals Product Development Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹14.5 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹18 L/yr
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12 years (AmbitionBox Estimate)	₹14 L/yr - ₹23 L/yr

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Salary related reviews for Bajaj Electricals

Transport Coordinator in Kolkata

Contractual

Procurement & Supply Chain Department

4.0

• posted on 21 Jul 2024

4.0

for Salary and Benefits

Likes

I'm working with Bajaj Electricals as 3rd party not a payroll and the management behave like not wea are human.No increment last 2 years and reduced staff from concern CFA and their work load to distribute to transport Coordinator.

Salary - Good

+5 more

Dislikes

In Bajaj payroll they are always happy timely salary bonus increment etc. they will depend only transport Coordinator in logistics department but no growth. All the work done by transport Coordinator and end of the meeting the manager said what are doing transport Coordinator.

Project Engineer in Patna

Full Time

Construction & Site Engineering Department

5.0

• posted on 23 Aug 2018

4.0

for Salary and Benefits

Likes

...ur task without any drawback. That is the key of groth in Bajaj Electricals ltd. Salary paid on last working day of the month.Tour and travelling policy is too much good. Politics is human mind so it is every where.

Salary - Good

+5 more

Dislikes

There is not anything that could be disliked.

Senior Engineer in Mumbai

Construction & Site Engineering Department

4.0

• posted on 06 May 2021

5.0

for Salary and Benefits

Likes

...s good and continuously update the working culture. Management is totaly biased. Company policies are good and give good salary hike and bonous every year.

Salary - Excellent

+2 more

Dislikes

There is lot of politics in upper manager level and the negative impact goes to the junior employees. On the job training is not given to new joiners.

Job security - Bad

+2 more

Field Engineer in Mumbai

Other Department

4.0

• posted on 07 Jun 2021

3.0

for Salary and Benefits

Likes

I had learnt many positive things.

Dislikes

Bajaj don’t inspect meticulously the salary slips, certificate of the incumbents. Some people entered by forging certificates even if they are not engineer and some people like Mr. Rizwan Ahmed, Purushottam Pandey, Sujit kumar trivedi, Sanjay Kumar, Rakesh Kanojia, Chandan Kumar(Head), Suresh Ryali, Pradeep Kuswaha, LN Dubey, Abhishek Rai, Mahaveer Yadav , Vikash Gaurav, Rajaram Thakur are playing with the company fame. They all are doing job besides having contractor ship on their own. All had took money from the contractors . If company wants to float then immediately terminate these termites otherwise company will be completely ruined. Atul pathak have ruined the entire epc segment. How can one CA was given to run the EPC?

Job security - Poor

+1 more

Senior Engineer in SHIVMOGA

Full Time

Construction & Site Engineering Department

5.0

• posted on 27 Mar 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+4 more

Dislikes

There is a lot of politics and the management doesn’t address .

Job security - Poor

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Bajaj Electricals Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Bajaj Electricals ?

The average salary of a Product Development Manager at Bajaj Electricals in India typically ranges from ₹14.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Product Development Manager at Bajaj Electricals earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Product Development Manager Salaries at Bajaj Electricals 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 7 Bajaj Electricals employees in India.

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

The estimated take-home salary of a Product Development Manager at Bajaj Electricals in India typically ranges from ₹1,19,712 to ₹1,23,071 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 10 years to 12 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 7 salaries received from various employees of Bajaj Electricals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Electricals for Product Development Manager in India?

HARMAN	₹15.2 Lakhs to ₹40.0 Lakhs per year
LG Electronics	₹18.7 Lakhs to ₹25.5 Lakhs per year
Lava International	₹15.0 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Product Development Manager in companies similar to Bajaj Electricals in India?

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

Whirlpool	₹11.5 Lakhs to ₹17.0 Lakhs per year
Samsung	₹10.0 Lakhs to ₹18.0 Lakhs per year
Intex Technologies	₹9.0 Lakhs to ₹15.0 Lakhs per year
USHA International	₹9.0 Lakhs to ₹14.0 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 Bajaj Electricals in India?

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

Experience	Average Salary Range
10 years	₹14.5 Lakhs to ₹23.0 Lakhs per year
11 years	₹14.0 Lakhs to ₹18.0 Lakhs per year
12 years	₹14.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Bajaj Electricals Product Development Manager Salaries

Bajaj Electricals Product Development Manager salary in India ranges between ₹14 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bajaj Electricals latest salaries received from various employees of Bajaj Electricals.