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
Havells Product Development Manager Salary 5 - 18 years exp. (4 salaries)	₹8.9 L/yr - ₹20 L/yr 22% less
Whirlpool Product Development Manager Salary 9 - 22 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 19% less
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Lava International Product Development Manager Salary 3 - 6 years exp. (10 salaries)	₹15 L/yr - ₹20 L/yr 2% more
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
Panasonic Product Development Manager Salary 15 - 17 years exp. (4 salaries)	₹18.6 L/yr - ₹20.7 L/yr 12% more
KENT RO Systems Product Development Manager Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹15 L/yr 21% less
Intex Technologies Product Development Manager Salary 8 - 22 years exp. (3 salaries)	₹9 L/yr - ₹15 L/yr 32% 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Electricals Product Development Manager Salary FAQs

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

Product Development Manager salary at Bajaj Electricals in India ranges between ₹14.0 Lakhs to ₹23.0 Lakhs for experience between 10 years to 12 years. According to our estimates it is 18% less than the average Product Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Electricals India.

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

The average salary of a Product Development Manager at Bajaj Electricals is 18% 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 Bajaj Electricals to a Product Development Manager in India?

LG Electronics Product Development Manager Salary - ₹18.7 Lakhs to ₹25.5 Lakhs per year
Panasonic Product Development Manager Salary - ₹18.6 Lakhs to ₹20.7 Lakhs per year
Lava International Product Development Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year

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

Whirlpool Product Development Manager Salary - ₹11.5 Lakhs to ₹17.0 Lakhs per year
KENT RO Systems Product Development Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Havells Product Development Manager Salary - ₹8.9 Lakhs to ₹20.0 Lakhs per year
Intex Technologies Product Development Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
USHA International Product Development Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year

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 ranges between ₹1,19,712 per month to ₹1,23,071 per month in India. The take-home salary calculation is based on the average Bajaj Electricals Product Development Manager salary in India which ranges between ₹14.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 10 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at Bajaj Electricals?

According to AmbitionBox, 60% of the Bajaj Electricals Product Development Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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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.