Iol Chemicals & Pharmaceuticals Production Manager Salaries by 5 Employees (Updated 2025)

12 - 15 years exp.

₹5.3 Lakhs - ₹22.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Production Manager Salary in Pharma Companies for 12 - 15 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Manager Salary 12 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Project & Program Management Production Manager Salary 15 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.2 L/yr

Last Updated: 13 Mar 2025

Companies similar to Iol Chemicals & Pharmaceuticals for Production Manager

Company name	Avg Annual Salary	Open Jobs
Hetero Production Manager Salary 13 - 18 years exp. (35 salaries)	₹7.2 L/yr - ₹19 L/yr 5% more
Abbott Production Manager Salary 12 - 19 years exp. (28 salaries)	₹9 L/yr - ₹22.5 L/yr 21% more
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Piramal Pharma Production Manager Salary 15 - 23 years exp. (21 salaries)	₹11 L/yr - ₹20.5 L/yr 33% more	2 job openings
Micro Labs Production Manager Salary 14 - 20 years exp. (21 salaries)	₹10.3 L/yr - ₹19.3 L/yr 20% more
Jubilant Pharmova Production Manager Salary 14 - 21 years exp. (19 salaries)	₹11.5 L/yr - ₹23.8 L/yr 37% more
Wockhardt Production Manager Salary 12 - 20 years exp. (15 salaries)	₹10.6 L/yr - ₹20.9 L/yr 30% more
Ajanta Pharma Production Manager Salary 14 - 18 years exp. (14 salaries)	₹14 L/yr - ₹19.1 L/yr 34% more
Unichem Laboratories Production Manager Salary 14 - 25 years exp. (13 salaries)	₹14 L/yr - ₹21.8 L/yr 45% more
Shilpa Medicare Production Manager Salary 9 - 16 years exp. (13 salaries)	₹10.9 L/yr - ₹40 L/yr 74% more
ACG Worldwide Production Manager Salary 14 - 29 years exp. (12 salaries)	₹18 L/yr - ₹23 L/yr 59% more
GlaxoSmithKline Pharmaceuticals Production Manager Salary 14 - 21 years exp. (12 salaries)	₹16 L/yr - ₹26 L/yr 90% more
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Indoco Remedies Production Manager Salary 14 - 21 years exp. (12 salaries)	₹15 L/yr - ₹20.3 L/yr 38% more
Gland Pharma Production Manager Salary 10 - 18 years exp. (11 salaries)	₹10.2 L/yr - ₹17 L/yr 8% more
Biological E Production Manager Salary 12 - 18 years exp. (11 salaries)	₹10.5 L/yr - ₹15 L/yr 1% more
Jubilant Generics Production Manager Salary 15 - 24 years exp. (10 salaries)	₹12.1 L/yr - ₹18.5 L/yr 15% more
Medreich Production Manager Salary 15 - 19 years exp. (9 salaries)	₹8.1 L/yr - ₹18.9 L/yr 5% more
FDC Production Manager Salary 16 - 22 years exp. (8 salaries)	₹12 L/yr - ₹21 L/yr 17% more
J B Chemicals And Pharmaceuticals Production Manager Salary 12 - 21 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 3% less
Granules India Production Manager Salary 15 - 20 years exp. (6 salaries)	₹12.3 L/yr - ₹19.5 L/yr 26% more
Strides Pharma Production Manager Salary 11 - 16 years exp. (6 salaries)	₹12 L/yr - ₹21.1 L/yr 22% more

View all

Production Manager salary at Iol Chemicals & Pharmaceuticals ranges between ₹5.3 Lakhs to ₹22.7 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Experience wise Iol Chemicals & Pharmaceuticals Production Manager salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
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14 years (3 salaries)	₹14.2 L/yr - ₹25.1 L/yr
15+ years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.4 L/yr

Similar Designation salaries in Iol Chemicals & Pharmaceuticals

Production Officer Salary

(5 salaries)

₹5 L/yr - ₹8.25 L/yr

Production Engineer Salary

(7 salaries)

₹3 L/yr - ₹4.85 L/yr

Production Incharge Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Production Manager Salary

(5 salaries)

₹17.5 L/yr - ₹34 L/yr

Deputy Manager Salary

(4 salaries)

₹10.8 L/yr - ₹18 L/yr

Production Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹12 L/yr

Shift Incharge Salary

(56 salaries)

₹4 L/yr - ₹9.7 L/yr

Senior Officer Salary

(4 salaries)

₹3.8 L/yr - ₹6.3 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Engineer Salary

(17 salaries)

₹6.1 L/yr - ₹12.01 L/yr

Salary related reviews for Iol Chemicals & Pharmaceuticals

4.8

Rated by 2 employees for salary & benefits

Assistant Engineer in Barnala

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Jul 2024

4.0

for Salary and Benefits

Likes

- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.

Salary - Good

+4 more

Dislikes

- Management is not satisfactory. - You have to learn each and everything at your own. - leg pulling system in employees.

Senior Executive in Barnala

Full Time

Media Production & Entertainment Department

4.0

• posted on 18 Jun 2024

5.0

for Salary and Benefits

Likes

Salary on time. Good increments as compared to other pharma and chemical industries.

Salary - Excellent

+6 more

Dislikes

Canteen food quality not so good in shifts than G shift. Smartphones are necessary upto E1 employess for more output. A.c bus might be started and increases the fare accordingly(in summer)

Production Chemist in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Good in all members of communication and behavior and all work si systematic and safety provision is good.

Job security - Good

+4 more

Dislikes

Fresher salary is more than 1&2 year experience person and only fresher hire local persons and after training not provide any vehicle on time

Instrumentation Technician in Barnala

Production, Manufacturing & Engineering Department

3.0

• posted on 29 Oct 2022

3.0

for Salary and Benefits

Likes

Canteen food facility is good

Dislikes

...re the technician's work is done by the engineer And the technician as a helper. Salary deduction is very high, they take around 7 to 8k deduction on salary.

Skill development - Poor

+3 more

Prd Chemist in Ludhiana

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is 3 months notice period after leaving the job but if you don't want to do the notice period then you will pay three months basic salary.

see more salary related reviews

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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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Iol Chemicals & Pharmaceuticals Production Manager Salary FAQs

What is the salary of Production Manager at Iol Chemicals & Pharmaceuticals ?

The average salary of a Production Manager at Iol Chemicals & Pharmaceuticals in India typically ranges from ₹5.3 Lakhs to ₹22.7 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Production Manager at Iol Chemicals & Pharmaceuticals earn more than ₹25.1 Lakhs per year, and the top 1% earn over ₹25.1 Lakhs per year. Production Manager Salaries at Iol Chemicals & Pharmaceuticals 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 5 Iol Chemicals & Pharmaceuticals employees in India.

What is the estimated take home salary of a Production Manager at Iol Chemicals & Pharmaceuticals in India?

The estimated take-home salary of a Production Manager at Iol Chemicals & Pharmaceuticals in India typically ranges from ₹90,765 to ₹93,152 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹22.7 Lakhs per year for employees with experience ranging from 12 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 5 salaries received from various employees of Iol Chemicals & Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iol Chemicals & Pharmaceuticals for Production Manager in India?

GlaxoSmithKline Pharmaceuticals	₹16.0 Lakhs to ₹26.0 Lakhs per year
Shilpa Medicare	₹10.9 Lakhs to ₹40.0 Lakhs per year
ACG Worldwide	₹18.0 Lakhs to ₹23.0 Lakhs per year
Unichem Laboratories	₹14.0 Lakhs to ₹21.8 Lakhs per year
Indoco Remedies	₹15.0 Lakhs to ₹20.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Iol Chemicals & Pharmaceuticals, depending on the role and experience level.

What is the salary of a Production Manager in companies similar to Iol Chemicals & Pharmaceuticals in India?

The salary of a Production Manager at companies similar to Iol Chemicals & Pharmaceuticals in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jubilant Pharmova	₹11.5 Lakhs to ₹23.8 Lakhs per year
Ajanta Pharma	₹14.0 Lakhs to ₹19.1 Lakhs per year
Piramal Pharma	₹11.0 Lakhs to ₹20.5 Lakhs per year
Wockhardt	₹10.6 Lakhs to ₹20.9 Lakhs per year
BDR Pharmaceuticals International	₹15.0 Lakhs to ₹20.5 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 Iol Chemicals & Pharmaceuticals in India?

The salary growth for a Production Manager at Iol Chemicals & Pharmaceuticals depends on factors such as experience, performance, and promotions. On average, a Production Manager can expect the following growth trajectory at Iol Chemicals & Pharmaceuticals:

Experience	Average Salary Range
12 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
13 years	₹9.3 Lakhs to ₹11.8 Lakhs per year
14 years	₹14.2 Lakhs to ₹25.1 Lakhs per year
15 years	₹18.4 Lakhs to ₹23.4 Lakhs per year

and so on.

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Iol Chemicals & Pharmaceuticals Production Manager Salaries

Iol Chemicals & Pharmaceuticals Production Manager salary in India ranges between ₹5.3 Lakhs to ₹22.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Iol Chemicals & Pharmaceuticals latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.