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ITC Product Manager salaries in India (Updated 2025)

Annual salary range
2 - 5 years exp.
₹25 Lakhs - ₹42.5 Lakhs
Salary of majority employees
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37% more than the average Product Manager Salary in FMCG Companies for 2 - 5 years of experience

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Last Updated: 15 Mar 2025

Companies similar to ITC for Product Manager

Company name Avg Annual Salary Open Jobs
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Hindustan Unilever Product Manager Salary

3 - 11 years exp. (49 salaries)

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₹17 L/yr - ₹42 L/yr

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Nestle Product Manager Salary

0 - 12 years exp. (3 salaries)

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₹20 L/yr - ₹55 L/yr

arrow icon 12% more
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Britannia Product Manager Salary

3 - 8 years exp. (28 salaries)

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₹20 L/yr - ₹35 L/yr

arrow icon 9% less
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Marico Product Manager Salary

0 - 7 years exp. (4 salaries)

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₹16.1 L/yr - ₹30 L/yr

arrow icon 9% less
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Dabur Product Manager Salary

1 - 4 years exp. (16 salaries)

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₹22.5 L/yr - ₹33 L/yr

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Procter & Gamble Product Manager Salary

0 - 5 years exp. (10 salaries)

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₹14 L/yr - ₹28 L/yr

arrow icon 20% less
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Colgate Palmolive Product Manager Salary

0 - 13 years exp. (4 salaries)

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₹7 L/yr - ₹22 L/yr

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₹11.5 L/yr - ₹64.1 L/yr

arrow icon 21% more
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PepsiCo Product Manager Salary

8 - 14 years exp. (4 salaries)

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₹18.8 L/yr - ₹51.4 L/yr

arrow icon 24% more
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Titan Company Product Manager Salary

3 - 12 years exp. (26 salaries)

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₹16.5 L/yr - ₹27.3 L/yr

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₹9 L/yr - ₹26 L/yr

arrow icon 46% less
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Asian Paints Product Manager Salary

1 - 6 years exp. (16 salaries)

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₹13 L/yr - ₹43 L/yr

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Adani Wilmar Product Manager Salary

4 - 15 years exp. (7 salaries)

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₹12 L/yr - ₹29 L/yr

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Kokuyo Camlin Product Manager Salary

4 - 8 years exp. (4 salaries)

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₹4 L/yr - ₹6.6 L/yr

arrow icon 81% less
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Venky's Product Manager Salary

4 - 12 years exp. (4 salaries)

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₹9.5 L/yr - ₹12.6 L/yr

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Emami Product Manager Salary

3 - 5 years exp. (4 salaries)

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₹12 L/yr - ₹22 L/yr

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DFM Foods Product Manager Salary

12 - 15 years exp. (3 salaries)

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₹22 L/yr - ₹24 L/yr

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Product Manager salary at ITC ranges between ₹25 Lakhs to ₹42.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 12 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Product Manager

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Experience wise ITC Product Manager salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹29 L/yr - ₹52.6 L/yr
3 years (AmbitionBox Estimate)

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₹11.8 L/yr - ₹31 L/yr
4 years (AmbitionBox Estimate)

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₹11.8 L/yr - ₹36 L/yr
5 years  (8 salaries)

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₹25 L/yr - ₹42.5 L/yr

Similar Designation salaries in ITC

Project Manager Salary
(81 salaries)
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₹9.53 L/yr - ₹39.52 L/yr
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₹12.25 L/yr - ₹36 L/yr
Product Owner Salary
(4 salaries)
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₹11 L/yr - ₹33.2 L/yr
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₹8.5 L/yr - ₹14.13 L/yr
Group Product Manager Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
Deputy Manager Salary
(59 salaries)
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₹10 L/yr - ₹19.65 L/yr
Senior Product Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
Digital Product Manager Salary
(AmbitionBox Estimate)
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₹32.4 L/yr - ₹41.4 L/yr
Scrum Master Salary
(3 salaries)
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₹14 L/yr - ₹25 L/yr
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₹17.72 L/yr - ₹74.95 L/yr

Salary related reviews for ITC

5.0

Rated by 2 employees for salary & benefits

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!

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  • Salary - Poor
  • +3 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 28 Sep 2024

3.0
 for  Salary and Benefits

Likes

Company delivers the commitment!

Dislikes

...g accommodation for third party employees in case of relocation to metro cities. Very difficult to sustain within only salary because of high cost of living at metro cities.

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ITC Product Manager Salary FAQs

What is the salary of Product Manager at ITC ?
The average salary of a Product Manager at ITC in India typically ranges from ₹25.0 Lakhs to ₹42.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Product Manager at ITC earn more than ₹41.5 Lakhs per year, and the top 1% earn over ₹42.5 Lakhs per year. Product Manager 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 10+ ITC employees in India.
What is the estimated take home salary of a Product Manager at ITC in India?
The estimated take-home salary of a Product Manager at ITC in India typically ranges from ₹1,84,090 to ₹1,91,277 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹42.5 Lakhs per year for employees with experience ranging from 2 years 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 10+ salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ITC for Product Manager in India?
PepsiCo ₹18.8 Lakhs to ₹51.4 Lakhs per year
Mondelez International ₹11.5 Lakhs to ₹64.1 Lakhs per year
Nestle ₹20.0 Lakhs to ₹55.0 Lakhs per year
Asian Paints ₹13.0 Lakhs to ₹43.0 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 Manager in companies similar to ITC in India?
The salary of a Product Manager at companies similar to ITC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dabur ₹22.5 Lakhs to ₹33.0 Lakhs per year
Hindustan Unilever ₹17.0 Lakhs to ₹42.0 Lakhs per year
Britannia ₹20.0 Lakhs to ₹35.0 Lakhs per year
Marico ₹16.1 Lakhs to ₹30.0 Lakhs per year
Procter & Gamble ₹14.0 Lakhs to ₹28.0 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 Manager at ITC in India?
The salary growth for a Product Manager at ITC depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at ITC:

Experience Average Salary Range
2 years ₹29.0 Lakhs to ₹52.6 Lakhs per year
3 years ₹11.8 Lakhs to ₹31.0 Lakhs per year
4 years ₹11.8 Lakhs to ₹36.0 Lakhs per year
5 years ₹25.0 Lakhs to ₹42.5 Lakhs per year
and so on.

Tell us how to improve this page.

ITC Product Manager salary in India ranges between ₹25 Lakhs to ₹42.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 ITC latest salaries received from various employees of ITC.