ITC Product Manager Salaries by 10+ Employees (Updated 2025)

2 - 5 years exp.

₹25 Lakhs - ₹42.5 Lakhs

Salary of majority employees

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
Hindustan Unilever Product Manager Salary 3 - 11 years exp. (49 salaries)	₹17 L/yr - ₹42 L/yr 2% less
Nestle Product Manager Salary 0 - 12 years exp. (3 salaries)	₹20 L/yr - ₹55 L/yr 12% more
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Britannia Product Manager Salary 3 - 8 years exp. (28 salaries)	₹20 L/yr - ₹35 L/yr 9% less
Marico Product Manager Salary 0 - 7 years exp. (4 salaries)	₹16.1 L/yr - ₹30 L/yr 9% less
Dabur Product Manager Salary 1 - 4 years exp. (16 salaries)	₹22.5 L/yr - ₹33 L/yr 2% less
Procter & Gamble Product Manager Salary 0 - 5 years exp. (10 salaries)	₹14 L/yr - ₹28 L/yr 20% less
Colgate Palmolive Product Manager Salary 0 - 13 years exp. (4 salaries)	₹7 L/yr - ₹22 L/yr 44% less
Mondelez International Product Manager Salary 2 - 9 years exp. (6 salaries)	₹11.5 L/yr - ₹64.1 L/yr 21% more
PepsiCo Product Manager Salary 8 - 14 years exp. (4 salaries)	₹18.8 L/yr - ₹51.4 L/yr 24% more
Titan Company Product Manager Salary 3 - 12 years exp. (26 salaries)	₹16.5 L/yr - ₹27.3 L/yr 24% less
Aditya Birla Fashion and Retail Product Manager Salary 3 - 8 years exp. (26 salaries)	₹9 L/yr - ₹26 L/yr 46% less
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Asian Paints Product Manager Salary 1 - 6 years exp. (16 salaries)	₹13 L/yr - ₹43 L/yr 1% more
Adani Wilmar Product Manager Salary 4 - 15 years exp. (7 salaries)	₹12 L/yr - ₹29 L/yr 36% less
Kokuyo Camlin Product Manager Salary 4 - 8 years exp. (4 salaries)	₹4 L/yr - ₹6.6 L/yr 81% less
Venky's Product Manager Salary 4 - 12 years exp. (4 salaries)	₹9.5 L/yr - ₹12.6 L/yr 61% less
Emami Product Manager Salary 3 - 5 years exp. (4 salaries)	₹12 L/yr - ₹22 L/yr 43% less
DFM Foods Product Manager Salary 12 - 15 years exp. (3 salaries)	₹22 L/yr - ₹24 L/yr 24% less

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.

Experience wise ITC Product Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹29 L/yr - ₹52.6 L/yr
3 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹31 L/yr
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4 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹36 L/yr
5 years (8 salaries)	₹25 L/yr - ₹42.5 L/yr

Similar Designation salaries in ITC

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(81 salaries)

₹9.53 L/yr - ₹39.52 L/yr

Production Manager Salary

(45 salaries)

₹12.25 L/yr - ₹36 L/yr

Product Owner Salary

(4 salaries)

₹11 L/yr - ₹33.2 L/yr

Program Manager Salary

(6 salaries)

₹8.5 L/yr - ₹14.13 L/yr

Group Product Manager Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Deputy Manager Salary

(59 salaries)

₹10 L/yr - ₹19.65 L/yr

Senior Product Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Digital Product Manager Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Scrum Master Salary

(3 salaries)

₹14 L/yr - ₹25 L/yr

Senior Project Manager Salary

(14 salaries)

₹17.72 L/yr - ₹74.95 L/yr

Salary related reviews for ITC

5.0

Rated by 2 employees for salary & benefits

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

Sales Trainee in Mumbai

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.

Salary - Bad

+4 more

Senior Area Executive in Patna

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 ,

Job security - Excellent

Dislikes

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

Salary - Poor

+3 more

Financial Associate in Bangalore / Bengaluru

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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 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.

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ITC Product Manager Salaries

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