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ITC Product Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹5.7 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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63% more than the average Product Development Executive Salary in FMCG Companies for 0 - 5 years of experience

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Salaries in different departments

Research & Development
Product Development Executive Salary
0 - 5 years exp. (32 salaries)
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₹5.7 L/yr - ₹12.5 L/yr

Marketing & Communication
Product Development Executive Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.1 L/yr

Quality Assurance
Product Development Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹9.1 L/yr

Last Updated: 21 Jan 2025

Companies similar to ITC for Product Development Executive

Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹9.1 L/yr

arrow icon 37% less
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Nestle Product Development Executive Salary

3 - 8 years exp. (6 salaries)

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₹10.5 L/yr - ₹13.5 L/yr

arrow icon 43% more
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₹3 L/yr - ₹6.8 L/yr

arrow icon 25% less
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Marico Product Development Executive Salary

5 - 10 years exp. (4 salaries)

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₹12.3 L/yr - ₹15.5 L/yr

arrow icon 67% more
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Dabur Product Development Executive Salary

10 - 12 years exp. (3 salaries)

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₹4.7 L/yr - ₹6 L/yr

arrow icon 38% less
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₹4 L/yr - ₹8.3 L/yr

arrow icon 35% less
Product Development Executive salary at ITC ranges between ₹5.7 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 45 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Product Development Executive

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Experience wise ITC Product Development Executive salaries

Last Updated: 21 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹5.7 L/yr - ₹13.7 L/yr
1 year  (9 salaries)

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₹5.8 L/yr - ₹14.3 L/yr
2 years  (6 salaries)

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₹6.8 L/yr - ₹9.1 L/yr
3 years  (7 salaries)

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₹6.3 L/yr - ₹9.5 L/yr
4 years  (10 salaries)

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₹7 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in ITC

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Development Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹4 L/yr - ₹6.5 L/yr
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₹2 L/yr - ₹8.9 L/yr
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₹1.6 L/yr - ₹7 L/yr
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₹8 L/yr - ₹35.25 L/yr
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₹4 L/yr - ₹11.5 L/yr
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₹3 L/yr - ₹8.5 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr
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₹4 L/yr - ₹15 L/yr

Top skills at ITC for Product Development Executive

Food Technology Formulation Development New Product Development Technical Support Consulting Product Development Analytical Bakery Packaging Procurement management Industrial Construction Prototype SOC Process Improvement Testing
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Salary related reviews for ITC

3.3

Rated by 7 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

1.0
  •  posted on 06 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing to like.

Dislikes

Toxic Management Poor work life balance High work stress Low salary No promotion/Appraisal Heavy cost cutting (Not even fixing a coffee machine) Too much office politics Managers always plays favourites Every manager has an affair within their teams.

read more
  • Salary - Bad
  • +5 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
see more salary related reviews

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ITC Product Development Executive Salary FAQs

What is the salary of Product Development Executive at ITC?
Product Development Executive salary at ITC in India ranges between ₹5.7 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 63% more than the average Product Development Executive Salary in India. Salary estimates are based on 45 latest salaries received from various employees of ITC India.
How does the salary of a Product Development Executive at ITC India compare with the average salary range for this job?
The average salary of a Product Development Executive at ITC is 63% more than the average salary of a Product Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Development Executive at ITC?
Food Technology, Formulation Development, New Product Development, Technical Support and Consulting are some of the popular skills required to work as a Product Development Executive at ITC India.
Which similar companies are paying more than ITC to a Product Development Executive in India?
  • Marico Product Development Executive Salary - ₹12.3 Lakhs to ₹15.5 Lakhs per year
  • Nestle Product Development Executive Salary - ₹10.5 Lakhs to ₹13.5 Lakhs per year
What is the salary of a Product Development Executive in companies similar to ITC in India?
  • Britannia Product Development Executive Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year
  • Titan Company Product Development Executive Salary - ₹4.0 Lakhs to ₹8.3 Lakhs per year
  • Hindustan Unilever Product Development Executive Salary - ₹3.2 Lakhs to ₹9.1 Lakhs per year
  • Dabur Product Development Executive Salary - ₹4.7 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Product Development Executive at ITC in India?
The estimated take-home salary of a Product Development Executive at ITC ranges between ₹61,784 per month to ₹63,351 per month in India. The take-home salary calculation is based on the average ITC Product Development Executive salary in India which ranges between ₹5.7 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Product Development Executive at ITC?
According to AmbitionBox, 63% of the ITC Product Development Executives reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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ITC Product Development Executive salary in India ranges between ₹5.7 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 ITC latest salaries received from various employees of ITC.

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