Hero MotoCorp Product Manager Salaries by 10+ Employees (Updated 2025)

4 - 11 years exp.

₹16.3 Lakhs - ₹34.8 Lakhs

Salary of majority employees

Fixed (85%)

₹20.5 Lakhs

Variable (15%)

₹3.6 Lakhs

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11% more than the average Product Manager Salary in Automobile Companies for 4 - 11 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Hero MotoCorp for Product Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto Product Manager Salary 3 - 14 years exp. (16 salaries)	Unlock ₹18 L/yr - ₹40 L/yr 28% more
TVS Motor Product Manager Salary 3 - 12 years exp. (25 salaries)	Unlock ₹11 L/yr - ₹38.8 L/yr 8% more
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Royal Enfield Product Manager Salary 4 - 13 years exp. (14 salaries)	Unlock ₹13.2 L/yr - ₹26 L/yr 34% less
Ford Motor Product Manager Salary 6 - 21 years exp. (134 salaries)	Unlock ₹15 L/yr - ₹42 L/yr 37% more
Mahindra & Mahindra Product Manager Salary 3 - 12 years exp. (57 salaries)	Unlock ₹8 L/yr - ₹28 L/yr 24% less	1 job opening
Maruti Suzuki Product Manager Salary 2 - 10 years exp. (48 salaries)	Unlock ₹10 L/yr - ₹32 L/yr 17% less	1 job opening
Tata Motors Product Manager Salary 2 - 10 years exp. (31 salaries)	Unlock ₹7.2 L/yr - ₹20 L/yr 38% less
Escorts Kubota Limited Product Manager Salary 1 - 11 years exp. (24 salaries)	Unlock ₹5 L/yr - ₹15.4 L/yr 53% less
VE Commercial Vehicles Product Manager Salary 1 - 6 years exp. (21 salaries)	Unlock ₹5.5 L/yr - ₹15 L/yr 56% less
Škoda Auto Volkswagen Product Manager Salary 5 - 15 years exp. (18 salaries)	Unlock ₹8.5 L/yr - ₹25 L/yr 39% less
Ashok Leyland Product Manager Salary 3 - 16 years exp. (16 salaries)	Unlock ₹7.5 L/yr - ₹25 L/yr 39% less
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Toyota Kirloskar Motor Product Manager Salary 5 - 15 years exp. (7 salaries)	Unlock ₹14 L/yr - ₹23.8 L/yr 16% less
Honda Motorcycle & Scooter Product Manager Salary 2 - 10 years exp. (5 salaries)	Unlock ₹9.5 L/yr - ₹16.1 L/yr 49% less
Hyundai Motor India Limited Product Manager Salary 2 - 5 years exp. (6 salaries)	Unlock ₹10 L/yr - ₹18.6 L/yr 47% less
Renault Nissan Technology & Business Centre India Product Manager Salary 5 - 10 years exp. (5 salaries)	Unlock ₹7.5 L/yr - ₹23 L/yr 44% less
CNH Industrial Product Manager Salary 6 - 11 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹36 L/yr 8% more
Hinduja Group Product Manager Salary 4 - 15 years exp. (4 salaries)	Unlock ₹3.4 L/yr - ₹6 L/yr 81% less
Sasken Product Manager Salary 10 - 17 years exp. (4 salaries)	Unlock ₹23 L/yr - ₹30 L/yr 7% more
Force Motors Product Manager Salary 1 - 12 years exp. (3 salaries)	Unlock ₹4.3 L/yr - ₹15 L/yr 53% less
Eicher Motors Product Manager Salary 5 - 8 years exp. (3 salaries)	Unlock ₹11 L/yr - ₹12.8 L/yr 50% less

Product Manager salary at Hero MotoCorp ranges between ₹16.3 Lakhs to ₹34.8 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of Hero MotoCorp.

Latest annual salaries shared by Hero MotoCorp Product Manager

3d ago

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10 years exp.

3w ago

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9 years exp.

1mo ago

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8 years exp.

3mo ago

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11 years exp.

4mo ago

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7 years exp.

6mo ago

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10 years exp.

8mo ago

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4 years exp.

9mo ago

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8 years exp.

11mo ago

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9 years exp.

1y ago

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8 years exp.

Experience wise Hero MotoCorp Product Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹38.4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹19.9 L/yr - ₹25.4 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹20.6 L/yr - ₹26.4 L/yr
7 years (4 salaries)	Unlock ₹22 L/yr - ₹28.6 L/yr
8 years (4 salaries)	Unlock ₹16.3 L/yr - ₹32 L/yr
9 years (4 salaries)	Unlock ₹21.5 L/yr - ₹34.8 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹20.9 L/yr - ₹27 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹27 L/yr

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Salary related reviews for Hero MotoCorp

3.9

Rated by 4 employees for salary & benefits

Deputy Manager in Pune

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 02 Sep 2023

4.0

for Salary and Benefits

Likes

Salary on time. Almost fair appraisal process.

Salary - Good

+1 more

Dislikes

Please join if you want to do outstation travel for 18-20 days with relatively less amount of TA and 10yrs old hotel policy. Unnecessary targets in service parameters. Planning department is here to remind you in which parameter you are not focusing not in how you should work. Unnecessary poking of CSPD. No work life balance. Now a days job security is not there. You have to give full explanation and you have to be responsible if you have not travelled in one month no matter you are down from health point of view or your closed person dies. Absolutely zero skill development program for field employee. If you don't have any option left then only join.

Skill development - Bad

+2 more

Deputy Manager in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

4.0

• posted on 22 Dec 2023

4.0

for Salary and Benefits

Likes

...tive aura there . However Management decided to mess it up. They announce VRS. VRS was not only targetted at some aged elederly people who are getting fat pay. Rather it was for full company. I have seen people with 5-7 months of experince being fired in name of VRS. There is no guarentee, frankly speaking, as to what they do and when they do. All the HOD's that were there have been fired ( under VRS) . All of them are at good places now but the thing is whatever people are there.... They even themselves dont know how long will they be there . They keep on talking about a VRS list that is coming. So better align yourself if you are going to join this company..... It is indeed a good company with beautiful people abd energetic environment bug what use it is of if the management is ready with a LIST of VRS every now and then.... Savdhaan Rahe Satark Rahe.....

Salary - Good

+5 more

Dislikes

6 days weeks..... But I have heard that 5 day week is going to be implemented there...

Job security - Poor

Deputy Manager in Jaipur

Full Time

Procurement & Supply Chain Department

5.0

• posted on 03 Nov 2022

5.0

for Salary and Benefits

Likes

Culture, work life balance excellent, extra curricular activities, feels like festive season at year end.

Salary - Excellent

+6 more

Dislikes

Away from city, salary disparity, your junior might getting better salary than you , outdated Bell curve method while giving annual upraisal.

Deputy Manager in Bhubaneswar

Sales & Business Development Department

4.0

• posted on 07 Jan 2022

2.0

for Salary and Benefits

Likes

Young team, friendly environment & independent working

Skill development - Excellent

+2 more

Dislikes

Salary - The difference in TM sales , Area Manager & Zonal Manager is sky touching. This is the worst experience with Hero MotoCorp where there is no parity & employees within the organization have a huge salary bracket differences. Second is the scope of growth. After all it's an Indian MNC , so no spring boards for young energetic performers . You have to spend a big amount of time working here to get good promotions. Also even if you are promoted you will be paid very less than what an average pay would be for the respective designation.

Salary - Poor

+1 more

Deputy Manager in Kolkata

Sales & Business Development Department

4.0

• posted on 30 Jun 2021

3.0

for Salary and Benefits

Likes

The learning exposure, the young team, the work culture and the work environment.

Skill development - Good

+5 more

Dislikes

Salary is decent. Lot of imbalance between employees in salary of same grade. They don't make industry standard salary revisions & that's where an employee would feel discriminated.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Hero MotoCorp Product Manager Salary FAQs

What is the salary of Product Manager at Hero MotoCorp?

Product Manager salary at Hero MotoCorp in India ranges between ₹16.3 Lakhs to ₹34.8 Lakhs for experience between 4 years to 11 years. According to our estimates it is 11% more than the average Product Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Hero MotoCorp India.

How does the salary of a Product Manager at Hero MotoCorp India compare with the average salary range for this job?

The average salary of a Product Manager at Hero MotoCorp is 11% more than the average salary of a Product Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero MotoCorp to a Product Manager in India?

Ford Motor Product Manager Salary - ₹15.0 Lakhs to ₹42.0 Lakhs per year
Bajaj Auto Product Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
CNH Industrial Product Manager Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
TVS Motor Product Manager Salary - ₹11.0 Lakhs to ₹38.8 Lakhs per year
Sasken Product Manager Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Product Manager in companies similar to Hero MotoCorp in India?

Toyota Kirloskar Motor Product Manager Salary - ₹14.0 Lakhs to ₹23.8 Lakhs per year
Maruti Suzuki Product Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Mahindra & Mahindra Product Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
Royal Enfield Product Manager Salary - ₹13.2 Lakhs to ₹26.0 Lakhs per year
Tata Motors Product Manager Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Hero MotoCorp in India?

The estimated take-home salary of a Product Manager at Hero MotoCorp ranges between ₹1,53,742 per month to ₹1,59,557 per month in India. The take-home salary calculation is based on the average Hero MotoCorp Product Manager salary in India which ranges between ₹16.3 Lakhs to ₹34.8 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Hero MotoCorp?

According to AmbitionBox, 58% of the Hero MotoCorp Product Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Hero MotoCorp Product Manager Salaries

Hero MotoCorp Product Manager salary in India ranges between ₹16.3 Lakhs to ₹34.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Hero MotoCorp latest salaries received from various employees of Hero MotoCorp.