Bajaj Steel Industries Product Development Manager Salaries by 5 Employees (Updated 2025)

5 - 13 years exp.

₹9.6 Lakhs - ₹13 Lakhs

Salary of majority employees

45% less than the average Product Development Manager Salary in Industrial Machinery Companies for 5 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Product Development Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr
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Quality Assurance Product Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹12 L/yr

Last Updated: 6 Oct 2024

Companies similar to Bajaj Steel Industries for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Product Development Manager Salary 4 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹9.3 L/yr 27% less
Tata Motors Product Development Manager Salary 3 - 10 years exp. (4 salaries)	₹8 L/yr - ₹10.1 L/yr 22% less
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Mahindra & Mahindra Product Development Manager Salary 6 - 24 years exp. (16 salaries)	₹12.8 L/yr - ₹28.2 L/yr 56% more
Ashok Leyland Product Development Manager Salary 8 - 16 years exp. (15 salaries)	₹8.8 L/yr - ₹17.7 L/yr 1% more
TITAGARH WAGONS Product Development Manager Salary 7 - 9 years exp. (3 salaries)	₹9 L/yr - ₹9.1 L/yr 23% less

Product Development Manager salary at Bajaj Steel Industries ranges between ₹9.6 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Steel Industries.

Experience wise Bajaj Steel Industries Product Development Manager salaries

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18.6 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr

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Similar Designation salaries in Bajaj Steel Industries

Senior Engineer Salary

(15 salaries)

₹3.6 L/yr - ₹5 L/yr

Deputy Manager Salary

(8 salaries)

₹4 L/yr - ₹6.6 L/yr

General Manager Operations Salary

(4 salaries)

₹19.35 L/yr - ₹25.65 L/yr

Assistant General Manager Salary

(4 salaries)

₹9 L/yr - ₹16 L/yr

Costing Engineer Salary

(3 salaries)

₹2.88 L/yr - ₹3 L/yr

Safety Officer Salary

(3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Supervisor Salary

(3 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Project Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.3 L/yr

Help Desk Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Senior General Manager Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Salary related reviews for Bajaj Steel Industries

Mechanical Engineer in Nagpur

Full Time

Quality Assurance Department

3.0

• posted on 05 Jan 2021

3.0

for Salary and Benefits

Likes

Learning skills

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

PEB DETAILING CHECKER in Nagpur

Full Time

Research & Development Department

4.0

• posted on 22 Jun 2022

1.0

for Salary and Benefits

Likes

Fixed time and less work for those are not taking responsibility...For Freshers good company... learning and earning.

Dislikes

Working Environment not good. Herarchy not maintained... salary as per not your responsibility and designation...west ur knowledge and Time...for experience person... company not provide any facilities apart from salary.

Service Engineer in Nagpur

Production, Manufacturing & Engineering Department

3.0

• posted on 07 Oct 2018

2.0

for Salary and Benefits

Likes

...m mates and staff also verry good, there lot of thing to gain knowledge & skill. But little sacrifice with salary. But you can go ahead on the base of your performance. If you are fresher it will be nice for you.

Senior Electrical Engineer in Nagpur

Full Time

Other Department

3.0

• posted on 02 Jun 2024

1.0

for Salary and Benefits

Likes

Wry good place to start your career.Opportunity to constantly learn & grow. I am exposed to new challenges regularly which helps me to develop both professionals and personally.

Dislikes

Law pay, Poor management, inflexible work balence, Increment problem

Junior Engineer in Nagpur

Full Time

Project & Program Management Department

2.0

• posted on 29 Jul 2023

2.0

for Salary and Benefits

Likes

only job satisfaction

Dislikes

they have give appraisal as per condition today he give 12 k thousand for enginneer ITI operator have much payment compare to this their motive has to just grow thier infrastructure their comany but the didnt thought about employee how he manage in that of low sallary in that condition so he will think about that as employee is happy they work joyfully & one thing they also give bond of 3 yrs

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bajaj Steel Industries Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Bajaj Steel Industries?

Product Development Manager salary at Bajaj Steel Industries in India ranges between ₹9.6 Lakhs to ₹13.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 45% less than the average Product Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Steel Industries India.

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

The average salary of a Product Development Manager at Bajaj Steel Industries 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 Bajaj Steel Industries to a Product Development Manager in India?

Mahindra & Mahindra Product Development Manager Salary - ₹12.8 Lakhs to ₹28.2 Lakhs per year
Ashok Leyland Product Development Manager Salary - ₹8.8 Lakhs to ₹17.7 Lakhs per year

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

Tata Motors Product Development Manager Salary - ₹8.0 Lakhs to ₹10.1 Lakhs per year
TITAGARH WAGONS Product Development Manager Salary - ₹9.0 Lakhs to ₹9.1 Lakhs per year
Tata Steel Product Development Manager Salary - ₹7.5 Lakhs to ₹9.3 Lakhs per year

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

The estimated take-home salary of a Product Development Manager at Bajaj Steel Industries ranges between ₹83,979 per month to ₹86,174 per month in India. The take-home salary calculation is based on the average Bajaj Steel Industries Product Development Manager salary in India which ranges between ₹9.6 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bajaj Steel Industries Product Development Managers reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Steel Industries Product Development Manager Salaries

Bajaj Steel Industries Product Development Manager salary in India ranges between ₹9.6 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Steel Industries latest salaries received from various employees of Bajaj Steel Industries.