Forbes Marshall Pune Product Manager Salaries by 20+ Employees (Updated 2025)

7 - 20 years exp.

₹10.6 Lakhs - ₹29.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% less than the average Product Manager Salary in Industrial Machinery Companies for 7 - 20 years of experience

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Salaries in different departments

Sales & Business Development Product Manager Salary 7 - 17 years exp. (13 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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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 - ₹17.4 L/yr
Customer Success, Service & Operations Product Manager Salary 13 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹17 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to Forbes Marshall for Product Manager in Pune

Forbes Marshall Product Manager Salary

7 - 20 years exp. (29 salaries)

₹10.6 L/yr - ₹29.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Product Manager Salary 1 - 22 years exp. (12 salaries)	₹7 L/yr - ₹19 L/yr 20% less
Kirloskar Oil Engines Product Manager Salary 3 - 10 years exp. (12 salaries)	₹6.5 L/yr - ₹14.7 L/yr 27% less
Login to view exact salary
Cummins Product Manager Salary 3 - 14 years exp. (6 salaries)	₹8.1 L/yr - ₹30.1 L/yr 15% more
Kirloskar Brothers Product Manager Salary 5 - 23 years exp. (4 salaries)	₹8.4 L/yr - ₹13.6 L/yr 34% less
Rieter Product Manager Salary 3 - 14 years exp. (3 salaries)	₹7.4 L/yr - ₹14 L/yr 40% less

Product Manager salary at Forbes Marshall ranges between ₹10.6 Lakhs to ₹29.4 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 29 latest salaries received from various employees of Forbes Marshall.

Latest annual salaries shared by Forbes Marshall Product Manager in Pune

3w ago

₹12 Lakhs

13 years exp.

1mo ago

₹17.3 Lakhs

10 years exp.

3mo ago

₹15 Lakhs

7 years exp.

6mo ago

₹18 Lakhs

20 years exp.

8mo ago

₹10.8 Lakhs

12 years exp.

11mo ago

9 years exp.

1y ago

17 years exp.

1y ago

9 years exp.

1y ago

12 years exp.

1y ago

10 years exp.

Experience wise Forbes Marshall Product Manager salaries in Pune

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
8 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
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9 years (4 salaries)	₹13.4 L/yr - ₹22 L/yr
10 years (3 salaries)	₹13.4 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
13 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
14 years (3 salaries)	₹14.2 L/yr - ₹29.9 L/yr
15+ years (12 salaries)	₹15.2 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Forbes Marshall

Project Manager Salary

(15 salaries)

₹10.2 L/yr - ₹29.47 L/yr

Production Manager Salary

(3 salaries)

₹8.25 L/yr - ₹28 L/yr

Top skills at Forbes Marshall for Product Manager

Valves AutoCAD Mechanical Engineering Design Solid Edge ibr ANSI Fmea Design Analysis

Salary related reviews for Forbes Marshall

3.9

Rated by 2 employees for salary & benefits

Service Engineer in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Feb 2025

2.0

for Salary and Benefits

Likes

Timely salary payments.

Dislikes

During training company hides the facts that the role is contract-based. They state permanent hiring after 2 years, but it doen't happen. Third-party employees don't receive respect from permanent staff. The work is repetative and lacks of technical learning opportunities.

Salary - Poor

+6 more

Graduate Trainee in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

Here you are not suppressed by the heads. Managers and top management is ready to listen all the time. Even the owner interact with young people.

Dislikes

Canteen has no options, work life balance is worst 9.5 hours/day working, no/less salary hike, work satisfaction is zero, they will ask you to do anything irrespective of your profile whether you like it or not

Skill development - Bad

+3 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Jun 2022

3.0

for Salary and Benefits

Likes

The only good thing about this company is if you are looking to work somewhere for 30+ years this is the organisation for you. It helps you with a comfort zone and has good family spirit. Safe place for women to work.

Job security - Excellent

Dislikes

...growth opportunities for any individual is almost nil unless you are in sales. The salary is not in par with the industry, if you want salary growth this is not the place for you. Everything is manual here , there are no welcome kits , no vending machines, good cafeteria etc . Getting resources to help with projects and work is a problem. No perks or benefits aside from the salary.

Skill development - Poor

+3 more

Salesman in Bangalore Rural

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2023

3.0

for Salary and Benefits

Likes

Freshers can learn lot of things, Salary comes on time

Dislikes

Lot of internal politics Too much pressure for numbers Contribution goes on sharing basis to lot of people HR will find all the possible ways to delay the process, and not to give the increments.

Skill development - Poor

+4 more

Apprentice Trainee in Kasarwadi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 15 Jun 2023

4.0

for Salary and Benefits

Likes

Best company culture, good pay ,skill development,supportive staff

Salary - Good

+2 more

Dislikes

Lots of internal politics. Interaction with HR is just dream after joining. Very slow process of onboarding, less job security , after completing apprenticeship they offers contract based extension.

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Forbes Marshall Product Manager Salary FAQs

What is the salary of Product Manager at Forbes Marshall in Pune?

The average salary of a Product Manager at Forbes Marshall in Pune typically ranges from ₹10.6 Lakhs to ₹29.4 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Product Manager in Pune at Forbes Marshall earn more than ₹21.6 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 20+ Forbes Marshall employees in India.

What is the estimated take home salary of a Product Manager at Forbes Marshall in Pune?

The estimated take-home salary of a Product Manager at Forbes Marshall in Pune typically ranges from ₹1,12,996 to ₹1,16,137 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹29.4 Lakhs per year for employees with experience ranging from 7 years to 20 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 20+ salaries received from various employees of Forbes Marshall. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Forbes Marshall in Pune?

To be a Product Manager at Forbes Marshall in Pune, the key skills required include:

- 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.

Which companies offer higher salaries than Forbes Marshall for Product Manager in India?

Cummins

₹8.1 Lakhs to ₹30.1 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.

What is the salary of a Product Manager in companies similar to Forbes Marshall in Pune?

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

Thermax Limited	₹7.0 Lakhs to ₹19.0 Lakhs per year
Kirloskar Oil Engines	₹6.5 Lakhs to ₹14.7 Lakhs per year
Kirloskar Brothers	₹8.4 Lakhs to ₹13.6 Lakhs per year
Rieter	₹7.4 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 Manager at Forbes Marshall in Pune?

The salary growth for a Product Manager at Forbes Marshall in Pune depends on factors such as experience, performance, and promotions. On average, a Product Manager in Pune can expect the following growth trajectory at Forbes Marshall:

Experience	Average Salary Range
7 years	₹12.9 Lakhs to ₹16.5 Lakhs per year
8 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
9 years	₹13.4 Lakhs to ₹22.0 Lakhs per year
10 years	₹13.4 Lakhs to ₹18.0 Lakhs per year

and so on.

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Forbes Marshall Product Manager Salaries in Pune

Forbes Marshall Product Manager salary in Pune ranges between ₹10.6 Lakhs to ₹29.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Forbes Marshall latest salaries received from various employees of Forbes Marshall.