Larsen & Toubro Limited Product Development Manager Salaries by 4 Employees (Updated 2024)

10 - 15 years exp.

₹13.5 Lakhs - ₹22.8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Product Development Manager Salary in Engineering & Construction Companies for 10 - 15 years of experience

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Salaries in different departments

Research & Development Product Development Manager Salary 10 - 15 years exp. (3 salaries)	₹16 L/yr - ₹22.8 L/yr
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Production, Manufacturing & Engineering Product Development Manager Salary 12 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹20.5 L/yr

Last Updated: 30 Nov 2023

Companies similar to Larsen & Toubro Limited for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Product Development Manager Salary 4 - 13 years exp. (4 salaries)	₹8.3 L/yr - ₹20.1 L/yr 29% less
Mahindra & Mahindra Product Development Manager Salary 6 - 24 years exp. (16 salaries)	₹12.8 L/yr - ₹28.2 L/yr 1% less
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Ashok Leyland Product Development Manager Salary 8 - 16 years exp. (15 salaries)	₹8.8 L/yr - ₹17.7 L/yr 37% less
TCS Product Development Manager Salary 0 - 16 years exp. (5 salaries)	₹14 L/yr - ₹17 L/yr 17% less
Alstom Transportation Product Development Manager Salary 5 - 16 years exp. (9 salaries)	₹17 L/yr - ₹31 L/yr 12% more

Product Development Manager salary at Larsen & Toubro Limited ranges between ₹13.5 Lakhs to ₹22.8 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Product Development Manager salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹28.9 L/yr
11 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
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12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹33 L/yr
13 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹21.4 L/yr
15+ years (AmbitionBox Estimate)	₹8.7 L/yr - ₹22.8 L/yr

View all

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Top skills at Larsen & Toubro Limited for Product Development Manager

Process design CFD AutoCAD Product Development Aspen HTRI Failure Analysis IDS

Salary related reviews for Larsen & Toubro Limited

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Lucknow

Full Time

Construction & Site Engineering Department

4.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary, personal development and free online courses. Family accomodation.

Dislikes

PLR not good for site team. Promotion also not good if you are working as a site engineer, since, promotion is depend on PLR points.

Engineering Manager in New Delhi

Full Time

Energy & Mining Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

If you want to stay longer in government like environment this is for you, medical and domiciliary benefits are good, work life balance depends on your unit and your leadership.

Dislikes

6 day working, company policies, company tools, processes, HR, unclear salary structures, below average appraisals etc.

Senior Engineer in Guwahati

Full Time

Quality Assurance Department

5.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

Timely salary

Dislikes

No direct contact between management and project site execution member. All are systemised, in which no personal recognition of individual is there if immediate supervisor does'nt like you.

Senior Engineer in Mumbai

Full Time

Construction & Site Engineering Department

3.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Timely salary, family accomodation provided,

Dislikes

Working culture not good, senior level person not supported properly, No personal life. No family time, no any celebration during work.only work and only work, no weekend available ,Unessesary pressure

Senior Engineer in Valsad

Full Time

Construction & Site Engineering Department

3.0

• posted on 09 Oct 2024

3.0

for Salary and Benefits

Likes

A good thing is that our salary will get before ending of month. And also a good platform to work with L&T LTD as a permanent staff only.

Dislikes

Don't join there as a Third Party FTC else you will not get values of your experience education etc.

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What people are saying about Larsen & Toubro Limited

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a senior sales engineer

What should be asking salary in E2 cadre at Larsen & Toubro

Hello guys, Kindly advise how much salary i should ask at L&T. I am having 8 years of experience and i got offer from L&T hazira location for E2 grade. Also kindly share your reviews on working at L&T. Thanks in advance 🙏

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Larsen & Toubro Limited Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Larsen & Toubro Limited?

Product Development Manager salary at Larsen & Toubro Limited in India ranges between ₹13.5 Lakhs to ₹22.8 Lakhs for experience between 10 years to 15 years. According to our estimates it is 13% less than the average Product Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Larsen & Toubro Limited India.

How does the salary of a Product Development Manager at Larsen & Toubro Limited India compare with the average salary range for this job?

The average salary of a Product Development Manager at Larsen & Toubro Limited is 13% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Development Manager at Larsen & Toubro Limited?

Process design, CFD, AutoCAD, Product Development and Aspen are some of the popular skills required to work as a Product Development Manager at Larsen & Toubro Limited India.

Which similar companies are paying more than Larsen & Toubro Limited to a Product Development Manager in India?

Alstom Transportation Product Development Manager Salary - ₹17.0 Lakhs to ₹31.0 Lakhs per year

What is the salary of a Product Development Manager in companies similar to Larsen & Toubro Limited in India?

Mahindra & Mahindra Product Development Manager Salary - ₹12.8 Lakhs to ₹28.2 Lakhs per year
TCS Product Development Manager Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
Reliance Industries Product Development Manager Salary - ₹8.3 Lakhs to ₹20.1 Lakhs per year
Ashok Leyland Product Development Manager Salary - ₹8.8 Lakhs to ₹17.7 Lakhs per year

What is the estimated take home salary of a Product Development Manager at Larsen & Toubro Limited in India?

The estimated take-home salary of a Product Development Manager at Larsen & Toubro Limited ranges between ₹1,26,045 per month to ₹1,30,106 per month in India. The take-home salary calculation is based on the average Larsen & Toubro Limited Product Development Manager salary in India which ranges between ₹13.5 Lakhs to ₹22.8 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at Larsen & Toubro Limited?

According to AmbitionBox, 80% of the Larsen & Toubro Limited Product Development Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Larsen & Toubro Limited Product Development Manager Salaries

Larsen & Toubro Limited Product Development Manager salary in India ranges between ₹13.5 Lakhs to ₹22.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.