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Indian Oil Corporation Production Manager salaries in Vadodara (Updated 2025)

Annual salary range
8 - 15 years exp.
₹15 Lakhs - ₹40 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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81% more than the average Production Manager Salary in Oil & Gas Companies for 8 - 15 years of experience

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Last Updated: 12 Mar 2025

Companies similar to Indian Oil Corporation for Production Manager in Vadodara

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Indian Oil Corporation Production Manager Salary

8 - 15 years exp. (13 salaries)

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₹15 L/yr - ₹40 L/yr

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Company name Avg Annual Salary Open Jobs
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Reliance Industries Production Manager Salary

10 - 19 years exp. (15 salaries)

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₹8.7 L/yr - ₹35.1 L/yr

arrow icon 28% less
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₹9.5 L/yr - ₹20.2 L/yr

arrow icon 40% less
3 job openings
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₹15.5 L/yr - ₹24 L/yr

arrow icon 33% less
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Schneider Electric Production Manager Salary

8 - 19 years exp. (16 salaries)

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₹10 L/yr - ₹17 L/yr

arrow icon 53% less
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Schaeffler India Production Manager Salary

8 - 19 years exp. (14 salaries)

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₹10.4 L/yr - ₹20 L/yr

arrow icon 46% less
Production Manager salary at Indian Oil Corporation ranges between ₹15 Lakhs to ₹40 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 13 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Production Manager in Vadodara

4w ago
₹27 Lakhs
9 years exp.
4mo ago
₹20 Lakhs
9 years exp.
7mo ago
₹28 Lakhs
15 years exp.
7mo ago
₹40 Lakhs
13 years exp.
9mo ago
₹21 Lakhs
9 years exp.
11mo ago
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9 years exp.
1y ago
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8 years exp.
1y ago
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8 years exp.
1y ago
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14 years exp.

Experience wise Indian Oil Corporation Production Manager salaries in Vadodara

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹23.8 L/yr - ₹30.4 L/yr
9 years  (4 salaries)

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₹20 L/yr - ₹35 L/yr
10 years (AmbitionBox Estimate)

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₹24.4 L/yr - ₹31.2 L/yr
11 years (AmbitionBox Estimate)

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₹24.7 L/yr - ₹31.5 L/yr
12 years (AmbitionBox Estimate)

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₹25 L/yr - ₹31.9 L/yr
View all

Similar Designation salaries in Indian Oil Corporation

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₹30 L/yr - ₹45 L/yr
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₹14 L/yr - ₹24 L/yr

Salary related reviews for Indian Oil Corporation

Other Department

5.0
  •  posted on 19 Jun 2021

5.0
 for  Salary and Benefits

Likes

Being a part of IOCL its been pleasure and been proud of it... it's really jubilant moment to be a team part of it

  • Salary - Excellent
  • +6 more

Dislikes

On other side salary is a big issue...like its not affordable....not even basic mandatory cost it can be completed

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 20 Aug 2024

4.0
 for  Salary and Benefits

Likes

Good salary for freshers Great allowances for furniture, mobile and laptops Superb Medical benefits Job security is best in the industry Diverse working exposure in refineries Townships for employees

read more
  • Salary - Good
  • +1 more

Dislikes

Remote/ Hardship working locations for refineries Poor work life balance for refineries Hard collar job Career growth is subject to satisfaction of bosses Heavy work loads in few large refineries

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

read more
  • Salary - Good
  • +2 more

Dislikes

The pay discrimination. Since its a PSU, one of the biggest disadvantages is that you are not paid according to your Qualification and contribution rather it is much based on how long have you been in the company. The organization has been filled with enough examples where an IITian, CAs, MBA professionals who are much important to organization because of their skills are being paid less than an old age employees who might be just doing basic work like passing of medical invoices, being PAs to senior management, employee reimbursement review etc. They work does not contribute either to the growth or profitability of the organization however there CTC 3-4 times higher than that of Qualified personnel working in the same company. Further, very limited personnel from the top management are actually concerned about the health of the organization but mostly are just there to complete their tenure which makes the organization extremely slow and difficult for young professionals to work with full efficiency.

read more
  • Skill development - Poor
  • +1 more

Full Time

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Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

Full Time

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Marketing & Communication Department

4.0
  •  posted on 09 Sep 2023

4.0
 for  Salary and Benefits

Likes

Job Security and decent salary. Extensive job profiles within the company to suit for everyone's needs. Some profiles are exhausting while some are chill.

read more
  • Salary - Good
  • +1 more

Dislikes

Work life balance is pathetic in sales and marketing division.

  • Work satisfaction - Poor
  • +1 more
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Indian Oil Corporation Production Manager Salary FAQs

What is the salary of Production Manager at Indian Oil Corporation in Vadodara?
The average salary of a Production Manager at Indian Oil Corporation in Vadodara typically ranges from ₹15.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Production Manager in Vadodara at Indian Oil Corporation earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Production Manager Salaries at Indian Oil Corporation 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 10+ Indian Oil Corporation employees in India.
What is the estimated take home salary of a Production Manager at Indian Oil Corporation in Vadodara?
The estimated take-home salary of a Production Manager at Indian Oil Corporation in Vadodara typically ranges from ₹1,72,247 to ₹1,78,898 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 10+ salaries received from various employees of Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Production Manager in companies similar to Indian Oil Corporation in Vadodara?
The salary of a Production Manager at companies similar to Indian Oil Corporation in Vadodara varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Industries ₹8.7 Lakhs to ₹35.1 Lakhs per year
Alembic Pharmaceuticals ₹15.5 Lakhs to ₹24.0 Lakhs per year
Sun Pharmaceutical Industries ₹9.5 Lakhs to ₹20.2 Lakhs per year
Schaeffler India ₹10.4 Lakhs to ₹20.0 Lakhs per year
Schneider Electric ₹10.0 Lakhs to ₹17.0 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 Production Manager at Indian Oil Corporation in Vadodara?
The salary growth for a Production Manager at Indian Oil Corporation in Vadodara depends on factors such as experience, performance, and promotions. On average, a Production Manager in Vadodara can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
8 years ₹23.8 Lakhs to ₹30.4 Lakhs per year
9 years ₹20.0 Lakhs to ₹35.0 Lakhs per year
10 years ₹24.4 Lakhs to ₹31.2 Lakhs per year
11 years ₹24.7 Lakhs to ₹31.5 Lakhs per year
and so on.

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Indian Oil Corporation Production Manager salary in Vadodara ranges between ₹15 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.