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Havells Product Development Manager salaries in India

Annual salary range
5 - 18 years exp.
₹8.9 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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36% less than the average Product Development Manager Salary in Electrical Equipment Companies for 5 - 18 years of experience

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Salaries in different departments

Engineering - Software & QA
Product Development Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹22 L/yr

Production, Manufacturing & Engineering
Product Development Manager Salary
18 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Research & Development
Product Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9.8 L/yr

Last Updated: 16 Mar 2023

Companies similar to Havells for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹14 L/yr - ₹23 L/yr

arrow icon 28% more
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₹20 L/yr - ₹38 L/yr

arrow icon 121% more
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HARMAN Product Development Manager Salary

10 - 16 years exp. (28 salaries)

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₹15.2 L/yr - ₹37 L/yr

arrow icon 83% more
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FIS Product Development Manager Salary

10 - 19 years exp. (20 salaries)

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₹18.1 L/yr - ₹35.8 L/yr

arrow icon 95% more
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₹13.5 L/yr - ₹31 L/yr

arrow icon 75% more
Product Development Manager salary at Havells ranges between ₹8.9 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Havells.

Latest annual salaries shared by Havells Product Development Manager

1y ago
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14 years exp.
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10 years exp.
1y ago
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18 years exp.
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5 years exp.

Experience wise Havells Product Development Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
8 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.2 L/yr
9 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
View all

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₹1.2 L/yr - ₹6.25 L/yr
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₹16 L/yr - ₹45 L/yr
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₹25 L/yr - ₹52 L/yr
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(62 salaries)
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₹1.65 L/yr - ₹4.2 L/yr
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₹6.02 L/yr - ₹14.04 L/yr
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₹29 L/yr - ₹76 L/yr
General Manager Salary
(39 salaries)
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(32 salaries)
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₹4.6 L/yr - ₹14.6 L/yr

Salary related reviews for Havells

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Dec 2024

3.0
 for  Salary and Benefits

Likes

... pressure as an MT. Curated MT program. Brand value in market. Free meals in HO. Reimbursement rates & timely salary/reimbursement disbursement. Company culture. Saturday offs. (Not sure for others)

read more

Dislikes

Less salary for MBA grads. Little slow process, kind of red tapism but that's changing. More field job & high travel,but they reimburse for that, so that depends.

read more

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 10 Oct 2024

2.0
 for  Salary and Benefits

Likes

The company policies like Care leave policy, the food and inter department culture is very nice.

Dislikes

The salary structure and the compensation process is very complex which does not help the employee like the Variable pay system in case if the employee is leaving the organisation in mid year then he or she is not eligible for the variable pay on pro data basis.

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Full Time

 · 

Administration & Facilities Department

1.0
  •  posted on 18 Sep 2023

1.0
 for  Salary and Benefits

Likes

Salary on time Increment on time Encashment of leave on end of every financial year

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Dislikes

Commercial oriented Culture wise not good No L & D, No Engagement No balance life No tax saver components So many deductions Laptop security amount deduction Even after leaving the organization the deduct the premiums from FnF So much attrition On paper 5 days working but working on all 7 days 24*7

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Full Time

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Human Resources Department

4.0
  •  posted on 14 Aug 2023

3.0
 for  Salary and Benefits

Likes

Friendly and collaborative senior leadership. Willing to give space and time for growth and career development. Always open to suggestions and able to make me feel equal irrespective of huge hierarchy difference. Wonderful and heart filling lunch at main corporate office.

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Dislikes

Wlb, employee benefits and inflated compensation. The amount to actual take home, there is a huge difference and nobody wants to change that. Organization is not willing to spend a penny on employee training and development and lacks severe R&R for employees from support functions.

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Full Time

 · 

Merchandising, Retail & eCommerce Department

5.0
  •  posted on 09 May 2023

4.0
 for  Salary and Benefits

Likes

The company focuses on work life balance. the culture is really good. People work here as a part of the family. The owners are very humble and kind.

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Dislikes

... to grow in the career is slow. It takes many years for someone to get promoted. salary hikes are only descent not very high. This pinched me a lot because Its a cash rich organization.

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Havells Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Havells?
Product Development Manager salary at Havells in India ranges between ₹8.9 Lakhs to ₹20.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 36% less than the average Product Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Havells India.
How does the salary of a Product Development Manager at Havells India compare with the average salary range for this job?
The average salary of a Product Development Manager at Havells is 36% 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 Havells to a Product Development Manager in India?
  • American Express Product Development Manager Salary - ₹20.0 Lakhs to ₹38.0 Lakhs per year
  • FIS Product Development Manager Salary - ₹18.1 Lakhs to ₹35.8 Lakhs per year
  • HARMAN Product Development Manager Salary - ₹15.2 Lakhs to ₹37.0 Lakhs per year
  • Zycus Infotech Product Development Manager Salary - ₹13.5 Lakhs to ₹31.0 Lakhs per year
  • Bajaj Electricals Product Development Manager Salary - ₹14.0 Lakhs to ₹23.0 Lakhs per year
What is the estimated take home salary of a Product Development Manager at Havells in India?
The estimated take-home salary of a Product Development Manager at Havells ranges between ₹97,128 per month to ₹99,756 per month in India. The take-home salary calculation is based on the average Havells Product Development Manager salary in India which ranges between ₹8.9 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

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Havells Product Development Manager salary in India ranges between ₹8.9 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Havells latest salaries received from various employees of Havells.