Upload Button Icon Add office photos

Formel D

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Formel D Project Manager salaries in India

Annual salary range
5 - 12 years exp.
₹8.6 Lakhs - ₹15.2 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur
Project Manager Salary at Formel D ranges between ₹8.6 Lakhs to ₹15.2 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from... Read more

36% less than the average Project Manager Salary in Auto Components Companies for 5 - 12 years of experience

Interested in this particular role?

Last Updated: 11 Mar 2023

Companies similar to Formel D for Project Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹16 L/yr - ₹36.8 L/yr

arrow icon 114% more
Logo
Valeo Project Manager Salary

10 - 17 years exp. (42 salaries)

unlock blur

₹12 L/yr - ₹36.1 L/yr

arrow icon 89% more
Logo
Aptiv Project Manager Salary

10 - 20 years exp. (21 salaries)

unlock blur

₹23 L/yr - ₹43.5 L/yr

arrow icon 207% more
Logo
Knorr-Bremse Project Manager Salary

7 - 19 years exp. (21 salaries)

unlock blur

₹10.4 L/yr - ₹38 L/yr

arrow icon 113% more
Logo
Marquardt Project Manager Salary

8 - 11 years exp. (7 salaries)

unlock blur

₹12 L/yr - ₹16 L/yr

arrow icon 21% more
Logo
Marelli Project Manager Salary

8 - 16 years exp. (6 salaries)

unlock blur

₹9.1 L/yr - ₹28.7 L/yr

arrow icon 94% more
Logo
ARaymond Project Manager Salary

10 - 22 years exp. (5 salaries)

unlock blur

₹12 L/yr - ₹22.3 L/yr

arrow icon 65% more
Logo
Yazaki Project Manager Salary

9 - 15 years exp. (5 salaries)

unlock blur

₹9.8 L/yr - ₹20 L/yr

arrow icon 29% more
unlock blur

₹8.5 L/yr - ₹17.6 L/yr

arrow icon 17% more
Logo
Advance Auto Parts Project Manager Salary

3 - 11 years exp. (4 salaries)

unlock blur

₹12 L/yr - ₹20 L/yr

arrow icon 53% more
Logo
Toyoda Gosei Minda Project Manager Salary

13 - 15 years exp. (4 salaries)

unlock blur

₹14 L/yr - ₹20 L/yr

arrow icon 48% more
unlock blur

₹9 L/yr - ₹11 L/yr

arrow icon 11% less
Logo
Adient Project Manager Salary

8 - 25 years exp. (4 salaries)

unlock blur

₹9 L/yr - ₹26 L/yr

arrow icon 46% more
Logo
unlock blur

₹12.3 L/yr - ₹20 L/yr

arrow icon 53% more
Logo
Scania Project Manager Salary

11 - 15 years exp. (3 salaries)

unlock blur

₹19 L/yr - ₹22 L/yr

arrow icon 82% more

Formel D Project Manager salaries by

Years of experience Avg. annual salary
7 years (AmbitionBox Estimate)

unlock blur

₹9.1 L/yr - ₹11.7 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹9.3 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹9.5 L/yr - ₹12.1 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹9.7 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹9.8 L/yr - ₹12.5 L/yr
View all salaries by experience

Similar Designation Salaries at Formel D

Similar Designation Avg. annual salary
Project Coordinator Salary
(AmbitionBox Estimate)
unlock-blur

₹18 L/yr - ₹23 L/yr

Top trending discussions

View All
Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
Got a question about Formel D?
Ask anonymously on communities.

Salary related reviews for Formel D

Quality Department

1.0
  •  updated on 24 Jan 2020

2.0
 for  Salary and Benefits

Likes

...ood company in case you are jobless and you do not have any other offer in hand. Only thing which is good about this company is the salary is on time and there is sufficient exposure to the industry being working with OEM's and supplier partners.

read more

Dislikes

No job security Pathetic top management Poor decision making of top management Terminates the resources without any reason High level politics at all the levels leading to favoring Improper systems in place for day-to-day job handling Top level management does not care about anyone Bad image in front of customer Choose Formel D only if you are jobless.

read more
  • Salary - Poor
  • +5 more

Production, Manufacturing & Engineering Department

4.0
  •  updated on 14 Feb 2019

4.0
 for  Salary and Benefits

Likes

...owth is definitely.. you have many job opportunity when you working in plant.. #Salary - Good but not the high level. #Learning / Innovation - you will definitely learn something new and exciting.

read more
  • Salary - Good
  • +2 more

Dislikes

#Teammates : Upper level management - in one word Third class Lower level people - Higly politics, bad ethics. #Job Security : They will choose you, use you. And when work done they will threw you....they are 3rd party company they have not long term plan. Please if you want life time job don't go there. If project completed they tell you please don't come up till New project start but reality is it's never start. They are playing with employees life. #Work Life balance - Terrible cause of 3 shift in a day. Not fix that you have come to regular shift....

read more
  • Job security - Bad
  • +1 more

Finance & Accounting Department

1.0
  •  updated on 17 Mar 2019

1.0
 for  Salary and Benefits

Likes

Only good for freshers to learn something .

Dislikes

.... to country head to directors. C9mpnay under financial crisis. No job security. Low pay. No motivation Just work n work without asking for reward.

read more
  • Salary - Bad
  • +6 more

Quality Assurance Department

2.0
  •  updated on 02 Jul 2022

2.0
 for  Salary and Benefits

Likes

Colleagues support is good, learning to work in different fields, getting exposure and knowledge of different process's and products. You take the challenging jobs of process improvements and improve them with your own experience.

read more

Dislikes

No Employee motivation, Management support not in place, No Employee competency development. Company culture down the line is good, Job insecurity. If you don't have any projects then it's the responsibility of yours that you have to get the new projects and conver them into business.

read more
  • Salary - Poor
  • +5 more

Qualiy Department

3.0
  •  updated on 23 Apr 2019

3.0
 for  Salary and Benefits

Likes

Company policy are good.

Dislikes

This is project besed company so it's totally depends on customer hense less job security They don't care last chain employee But fact is total income coming from only when these people working.

read more
  • Skill development - Poor
  • +5 more
see more salary related reviews

Formel D Project Manager Salary FAQs

What is the salary of Project Manager at Formel D ?
The average salary of a Project Manager at Formel D in India typically ranges from ₹8.6 Lakhs to ₹15.2 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Project Manager at Formel D earn more than ₹15.2 Lakhs per year, and the top 1% earn over ₹15.2 Lakhs per year. Project Manager Salaries at Formel D 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 4 Formel D employees in India.
What is the estimated take home salary of a Project Manager at Formel D in India?
The estimated take-home salary of a Project Manager at Formel D in India typically ranges from ₹80,042 to ₹82,126 per month. This is based on the average salary range of ₹8.6 Lakhs to ₹15.2 Lakhs per year for employees with experience ranging from 5 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 4 salaries received from various employees of Formel D. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Formel D for Project Manager in India?
Aptiv ₹23.0 Lakhs to ₹43.5 Lakhs per year
Continental Automotive Components ₹16.0 Lakhs to ₹36.8 Lakhs per year
Knorr-Bremse ₹10.4 Lakhs to ₹38.0 Lakhs per year
Marelli ₹9.1 Lakhs to ₹28.7 Lakhs per year
Valeo ₹12.0 Lakhs to ₹36.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Formel D, depending on the role and experience level.
What is the salary of a Project Manager in companies similar to Formel D in India?
The salary of a Project Manager at companies similar to Formel D in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Scania ₹19.0 Lakhs to ₹22.0 Lakhs per year
ARaymond ₹12.0 Lakhs to ₹22.3 Lakhs per year
Delphi Automotive Systems ₹12.3 Lakhs to ₹20.0 Lakhs per year
Advance Auto Parts ₹12.0 Lakhs to ₹20.0 Lakhs per year
Toyoda Gosei Minda ₹14.0 Lakhs to ₹20.0 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 Project Manager at Formel D in India?
The salary growth for a Project Manager at Formel D depends on factors such as experience, performance, and promotions. On average, a Project Manager can expect the following growth trajectory at Formel D:

Experience Average Salary Range
7 years ₹9.1 Lakhs to ₹11.7 Lakhs per year
8 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
9 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
10 years ₹9.7 Lakhs to ₹12.3 Lakhs per year
and so on.

Tell us how to improve this page.

Formel D Project Manager salary in India ranges between ₹8.6 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Formel D latest salaries received from various employees of Formel D.