ITC Product Development Executive Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹5.7 Lakhs - ₹13 Lakhs

Salary of majority employees

Fixed (100%)

₹8.6 Lakhs

Variable (0%)

₹0.0

65% 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. (30 salaries)	₹5.7 L/yr - ₹13 L/yr
Marketing & Communication Product Development Executive Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.6 L/yr
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Quality Assurance Product Development Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7.6 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
Nestle Product Development Executive Salary 3 - 8 years exp. (6 salaries)	₹10.5 L/yr - ₹13.5 L/yr 39% more
Hindustan Unilever Product Development Executive Salary 1 - 4 years exp. (4 salaries)	₹3.2 L/yr - ₹9.1 L/yr 38% less
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Marico Product Development Executive Salary 5 - 10 years exp. (4 salaries)	₹12.3 L/yr - ₹15.5 L/yr 62% more
Dabur Product Development Executive Salary 10 - 12 years exp. (3 salaries)	₹4.7 L/yr - ₹6 L/yr 40% less
Britannia Product Development Executive Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹6.8 L/yr 27% less

Product Development Executive salary at ITC ranges between ₹5.7 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 41 latest salaries received from various employees of ITC.

Experience wise ITC Product Development Executive salaries

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹5.7 L/yr - ₹13.5 L/yr
1 year (7 salaries)	₹5.9 L/yr - ₹14.3 L/yr
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2 years (6 salaries)	₹6.8 L/yr - ₹9.1 L/yr
3 years (7 salaries)	₹6.3 L/yr - ₹9.5 L/yr
4 years (8 salaries)	₹7 L/yr - ₹12.5 L/yr
5 years (10 salaries)	₹7 L/yr - ₹13 L/yr

View all

Similar Designation salaries in ITC

Product Development Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Production Officer Salary

(9 salaries)

₹4 L/yr - ₹6.5 L/yr

Production Engineer Salary

(17 salaries)

₹2 L/yr - ₹8.9 L/yr

Production Supervisor Salary

(26 salaries)

₹1.6 L/yr - ₹7 L/yr

Production Manager Salary

(45 salaries)

₹12.25 L/yr - ₹36 L/yr

Software Developer Salary

(46 salaries)

₹5 L/yr - ₹19.9 L/yr

Project Engineer Salary

(12 salaries)

₹3 L/yr - ₹8.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Assistant Engineer Salary

(12 salaries)

₹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

Salary related reviews for ITC

2.9

Rated by 8 employees for salary & benefits

Product Development Executive in Bangalore / Bengaluru

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.

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.

Research Associate in Bangalore / Bengaluru

Full Time

Sports, Fitness & Personal Care Department

4.0

• posted on 18 Mar 2025

2.0

for Salary and Benefits

Likes

Great work life balance. Company policies are employee friendly and compassionate. Good for learning and knowledge building. Flexible in terms of shifting within departments.

Skill development - Good

+4 more

Dislikes

Poor salary compensation. Very slow growth in terms of pay and promotion Somewhat old school and hierarchical way of working

Salary - Poor

Associate in Kolkata

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.

Salary - Bad

+5 more

Senior Manager Finance in Gurgaon / Gurugram

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.

Company culture - Bad

+1 more

Chief Engineer in Gurgaon / Gurugram

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.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ITC Product Development Executive Salary FAQs

What is the salary of Product Development Executive at ITC ?

The average salary of a Product Development Executive at ITC in India typically ranges from ₹5.7 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Product Development Executive at ITC earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Product Development Executive 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 40+ ITC employees in India.

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 in India typically ranges from ₹63,204 to ₹64,811 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 40+ salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Executive at ITC ?

To be a Product Development Executive at ITC in india, the key skills required include:

- Food Technology
- Formulation Development
- New Product Development
- Technical Support
- Consulting

These skills are highly valued at ITC and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ITC for Product Development Executive in India?

Marico	₹12.3 Lakhs to ₹15.5 Lakhs per year
Nestle	₹10.5 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Product Development Executive in companies similar to ITC in India?

The salary of a Product Development Executive at companies similar to ITC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Britannia	₹3.0 Lakhs to ₹6.8 Lakhs per year
Hindustan Unilever	₹3.2 Lakhs to ₹9.1 Lakhs per year
Dabur	₹4.7 Lakhs to ₹6.0 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 Product Development Executive at ITC in India?

The salary growth for a Product Development Executive at ITC depends on factors such as experience, performance, and promotions. On average, a Product Development Executive can expect the following growth trajectory at ITC:

Experience	Average Salary Range
Fresher	₹5.7 Lakhs to ₹13.5 Lakhs per year
1 year	₹5.9 Lakhs to ₹14.3 Lakhs per year
2 years	₹6.8 Lakhs to ₹9.1 Lakhs per year
3 years	₹6.3 Lakhs to ₹9.5 Lakhs per year

and so on.

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ITC Product Development Executive Salaries

ITC Product Development Executive salary in India ranges between ₹5.7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 ITC latest salaries received from various employees of ITC.