Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary21% less than the average Product Manager Salary in Industrial Machinery Companies for 7 - 21 years of experience
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Salaries in different departments
Sales & Business Development
Product Manager Salary
7 - 21
years
exp.
(19
salaries)
|  ₹12.3 L/yr - ₹30 L/yr |
Production, Manufacturing & Engineering
Product Manager Salary
12 - 20
years
exp.
(8
salaries)
| ₹10.8 L/yr - ₹20 L/yr |
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| |
Project & Program Management
Product Manager Salary
9 - 18
years
exp.
(3
salaries)
| ₹16 L/yr - ₹20 L/yr |
Research & Development
Product Manager Salary
8 - 19
years
exp.
(3
salaries)
| ₹10.6 L/yr - ₹20.9 L/yr |
Quality Assurance
Product Manager Salary
9 - 10
years
exp.
(AmbitionBox Estimate)
| ₹13.4 L/yr - ₹18.1 L/yr |
Companies similar to Forbes Marshall for Product Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Thermax Limited Product Manager Salary
1 - 22 years exp. (16 salaries) | ₹7 L/yr - ₹19 L/yr 
20%
less | |
 Kirloskar Brothers Product Manager Salary
5 - 23 years exp. (4 salaries) | ₹8.4 L/yr - ₹13.6 L/yr
36%
less | |
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| ||
 CG Power and Industrial Solutions Product Manager Salary
3 - 11 years exp. (12 salaries) | ₹17.1 L/yr - ₹23.5 L/yr 
16%
more | |
 BHEL Product Manager Salary
2 - 15 years exp. (4 salaries) | ₹17 L/yr - ₹30 L/yr
46%
more | |
 Siemens Product Manager Salary
7 - 17 years exp. (68 salaries) | ₹11 L/yr - ₹45 L/yr
53%
more | 1 job opening |
 Larsen & Toubro Limited Product Manager Salary
1 - 14 years exp. (32 salaries) | ₹6 L/yr - ₹20.6 L/yr
15%
less | |
 Tata Power Product Manager Salary
1 - 2 years exp. (3 salaries) | ₹10.5 L/yr - ₹16 L/yr
20%
less | |
 ABB Product Manager Salary
4 - 19 years exp. (37 salaries) | ₹11.7 L/yr - ₹40 L/yr
31%
more | |
 Schneider Electric Product Manager Salary
7 - 15 years exp. (28 salaries) | ₹14 L/yr - ₹39 L/yr
39%
more | |
 Honeywell Automation Product Manager Salary
3 - 19 years exp. (22 salaries) | ₹20 L/yr - ₹50.5 L/yr
84%
more | |
 Hilti Product Manager Salary
3 - 16 years exp. (18 salaries) | ₹16.5 L/yr - ₹37 L/yr
80%
more | |
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| ||
 Kirloskar Oil Engines Product Manager Salary
3 - 15 years exp. (17 salaries) | ₹6.5 L/yr - ₹14.8 L/yr
33%
less | |
 Rieter Product Manager Salary
3 - 14 years exp. (9 salaries) | ₹7.4 L/yr - ₹15 L/yr
40%
less | |
 Cummins Product Manager Salary
3 - 16 years exp. (6 salaries) | ₹13.4 L/yr - ₹35.6 L/yr
18%
more | |
 EMERSON PROCESS MANAGEMENT Product Manager Salary
6 - 17 years exp. (4 salaries) | ₹24 L/yr - ₹40 L/yr
109%
more | |
 Flowserve Product Manager Salary
6 - 14 years exp. (4 salaries) | ₹16.3 L/yr - ₹40 L/yr
44%
more | |
 Gmmco Product Manager Salary
4 - 10 years exp. (3 salaries) | ₹13.5 L/yr - ₹21 L/yr
1%
more | |
 TÜV SÜD Product Manager Salary
13 - 16 years exp. (3 salaries) | ₹15 L/yr - ₹27 L/yr
18%
more | |
 TechnipFMC Product Manager Salary
6 - 14 years exp. (3 salaries) | ₹18 L/yr - ₹24.2 L/yr
20%
more | |
Latest annual salaries shared by Forbes Marshall Product Manager
Experience wise Forbes Marshall Product Manager salaries
Last Updated: 15 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 7 years (AmbitionBox Estimate) |
₹12.6
L/yr
- ₹27
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹10.6
L/yr
- ₹27.6
L/yr
|
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| |
| 9 years (5 salaries) |
₹13.4
L/yr
- ₹22
L/yr
|
| 10 years (4 salaries) |
₹13.4
L/yr
- ₹20
L/yr
|
| 11 years (3 salaries) |
₹11
L/yr
- ₹20
L/yr
|
Similar Designation salaries in Forbes Marshall
Top skills at Forbes Marshall for Product Manager
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Forbes Marshall Product Manager Salary FAQs
The top 10% of Product Manager at Forbes Marshall earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Product Manager Salaries at Forbes Marshall 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 40+ Forbes Marshall employees in India.
- - Valves
- - AutoCAD
- - Mechanical Engineering
- - Design
- - Solid Edge
These skills are highly valued at Forbes Marshall and are crucial for successful performance in a Software Engineering role.
| EMERSON PROCESS MANAGEMENT | ₹24.0 Lakhs to ₹40.0 Lakhs per year |
| Honeywell Automation | ₹20.0 Lakhs to ₹50.5 Lakhs per year |
| Hilti | ₹16.5 Lakhs to ₹37.0 Lakhs per year |
| Siemens | ₹11.0 Lakhs to ₹45.0 Lakhs per year |
| BHEL | ₹17.0 Lakhs to ₹30.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Forbes Marshall, depending on the role and experience level.
| Flowserve | ₹16.3 Lakhs to ₹40.0 Lakhs per year |
| Schneider Electric | ₹14.0 Lakhs to ₹39.0 Lakhs per year |
| ABB | ₹11.7 Lakhs to ₹40.0 Lakhs per year |
| TechnipFMC | ₹18.0 Lakhs to ₹24.2 Lakhs per year |
| Cummins | ₹13.4 Lakhs to ₹35.6 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.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹12.6 Lakhs to ₹27.0 Lakhs per year |
| 8 years | ₹10.6 Lakhs to ₹27.6 Lakhs per year |
| 9 years | ₹13.4 Lakhs to ₹22.0 Lakhs per year |
| 10 years | ₹13.4 Lakhs to ₹20.0 Lakhs per year |
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Forbes Marshall Product Manager salary
in
India
ranges between ₹10.6
Lakhs to ₹30
Lakhs with an average annual salary of
₹. Salary estimates are based on
49
Forbes Marshall latest salaries received from various employees of
Forbes Marshall.