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ITC Assistant Manager Product Development salaries in India

Annual salary range
7 - 14 years exp.
₹16 Lakhs - ₹17.7 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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Fixed (91%)
₹15.1 Lakhs
Variable (9%)
₹1.5 Lakh
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110% more than the average Assistant Manager Product Development Salary in FMCG Companies for 7 - 14 years of experience

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Salaries in different departments

Quality Assurance
Assistant Manager Product Development Salary
12 - 14 years exp. (3 salaries)
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₹16 L/yr - ₹17 L/yr

Research & Development
Assistant Manager Product Development Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹14.9 L/yr - ₹18.2 L/yr

Customer Success, Service & Operations
Assistant Manager Product Development Salary
8 years exp. (AmbitionBox Estimate)
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₹15.9 L/yr - ₹19.4 L/yr

Last Updated: 19 Oct 2024

Companies similar to ITC for Assistant Manager Product Development

Company name Avg Annual Salary Open Jobs
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₹13 L/yr - ₹17.5 L/yr

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₹5.2 L/yr - ₹8.5 L/yr

arrow icon 55% less
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₹6.8 L/yr - ₹9.5 L/yr

arrow icon 49% less
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₹5.8 L/yr - ₹9.5 L/yr

arrow icon 53% less
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₹4.7 L/yr - ₹7.5 L/yr

arrow icon 65% less
Assistant Manager Product Development salary at ITC ranges between ₹16 Lakhs to ₹17.7 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Assistant Manager Product Development

3mo ago
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14 years exp.
7mo ago
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13 years exp.
1y ago
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8 years exp.
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9 years exp.
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12 years exp.
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7 years exp.

Experience wise ITC Assistant Manager Product Development salaries

Last Updated: 19 Oct 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹16.5 L/yr - ₹30.4 L/yr
8 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹17.7 L/yr
9 years (AmbitionBox Estimate)

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₹16.5 L/yr - ₹30.1 L/yr
10 years (AmbitionBox Estimate)

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₹15 L/yr - ₹19.1 L/yr
11 years (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19.1 L/yr
View all

Similar Designation salaries in ITC

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₹5.7 L/yr - ₹13 L/yr
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₹12 L/yr - ₹25.5 L/yr
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₹1 L/yr - ₹3.5 L/yr
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₹21.3 L/yr - ₹45 L/yr
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₹1.8 L/yr - ₹1.8 L/yr
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₹4.8 L/yr - ₹9 L/yr
Lead Scientist Salary
(4 salaries)
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₹25 L/yr - ₹65 L/yr
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₹14 L/yr - ₹16.5 L/yr
R&D Manager Salary
(4 salaries)
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₹4.6 L/yr - ₹16 L/yr
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₹11 L/yr - ₹19 L/yr

Salary related reviews for ITC

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Other Department

5.0
  •  posted on 17 Nov 2020

3.0
 for  Salary and Benefits

Likes

ITC is one of the dream company to work as there is good work environment and lots of oppotunities to freshers. Company policies are good. Teammates are supportive.

read more
  • Skill development - Good
  • +5 more

Dislikes

There is comparably less salary than other MNC. Also during resign one should have to complete 3 months of notice period ...which is really huge time span compare to other companies ...it should be 1 month max.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 29 Dec 2024

4.0
 for  Salary and Benefits

Likes

Salary is considerably competitive

  • Salary - Good
  • +2 more

Dislikes

Work life balance is terrible. You leaving on time, top management takes it in a manner that you dont have enough work. Late nights are a normal especially for senior management. Appraisals are seriously affected by this.

read more
  • Company culture - Bad
  • +1 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 23 Dec 2024

2.0
 for  Salary and Benefits

Likes

ITC Limited has very robust processes and standards which act as guard rails for the organization

  • Job security - Excellent

Dislikes

Over a period of time remuneration is very low as compared to market. Around 8-10 years back company was a pay master, this has significantly affected the quality of work force, standards and services. Work life balance and with time culture of caring and considering employees as assets is is also missing.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 28 Mar 2024

1.0
 for  Salary and Benefits

Likes

Just Brand name.

  • Job security - Good

Dislikes

CTC and actually in-hand salary has very large gap 30-40%. They pay TA DA but included in CTC. Always have to be on field. Only suitable for those interested in FMCG job always on field. Not for weak hearted.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 15 Mar 2024

2.0
 for  Salary and Benefits

Likes

ITC one of best compony to work with , Only getting promotion from front line to managerial level is tough after 1st promotion as a manager become easy for next level ,

read more
  • Job security - Excellent

Dislikes

Salary is less as per A grad company and promotion is also a big concern for front line employees!

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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ITC Assistant Manager Product Development Salary FAQs

What is the salary of Assistant Manager Product Development at ITC ?
The average salary of a Assistant Manager Product Development at ITC in India typically ranges from ₹16.0 Lakhs to ₹17.7 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Assistant Manager Product Development at ITC earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹17.7 Lakhs per year. Assistant Manager Product Development Salaries at ITC 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 6 ITC employees in India.
What is the estimated take home salary of a Assistant Manager Product Development at ITC in India?
The estimated take-home salary of a Assistant Manager Product Development at ITC in India typically ranges from ₹1,12,975 to ₹1,16,116 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹17.7 Lakhs per year for employees with experience ranging from 7 years to 14 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 6 salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Assistant Manager Product Development in companies similar to ITC in India?
The salary of a Assistant Manager Product Development at companies similar to ITC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Britannia ₹13.0 Lakhs to ₹17.5 Lakhs per year
Ashok Leyland ₹6.8 Lakhs to ₹9.5 Lakhs per year
TVS Sundram Fasteners ₹5.8 Lakhs to ₹9.5 Lakhs per year
SYSKA LED Lights ₹5.2 Lakhs to ₹8.5 Lakhs per year
Yokohama Off-Highway Tires ₹4.7 Lakhs to ₹7.5 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 Assistant Manager Product Development at ITC in India?
The salary growth for a Assistant Manager Product Development at ITC depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Product Development can expect the following growth trajectory at ITC:

Experience Average Salary Range
7 years ₹16.5 Lakhs to ₹30.4 Lakhs per year
8 years ₹6.7 Lakhs to ₹17.7 Lakhs per year
9 years ₹16.5 Lakhs to ₹30.1 Lakhs per year
10 years ₹15.0 Lakhs to ₹19.1 Lakhs per year
and so on.

Tell us how to improve this page.

ITC Assistant Manager Product Development salary in India ranges between ₹16 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ITC latest salaries received from various employees of ITC.