Larsen & Toubro Limited Product Manager Salaries by 20+ Employees (Updated 2025)

1 - 14 years exp.

₹6 Lakhs - ₹22.4 Lakhs

Salary of majority employees

Fixed (86%)

₹11.6 Lakhs

Variable (14%)

₹1.9 Lakh

38% less than the average Product Manager Salary in Engineering & Construction Companies for 1 - 14 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 13 years exp. (12 salaries)	₹6 L/yr - ₹19.6 L/yr
Marketing & Communication Product Manager Salary 1 - 8 years exp. (6 salaries)	₹7 L/yr - ₹16.2 L/yr
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Production, Manufacturing & Engineering Product Manager Salary 2 - 14 years exp. (3 salaries)	₹7.1 L/yr - ₹15.7 L/yr
Research & Development Product Manager Salary 11 - 13 years exp. (3 salaries)	₹9 L/yr - ₹20 L/yr

Last Updated: 19 Feb 2025

Companies similar to Larsen & Toubro Limited for Product Manager

Company name	Avg Annual Salary	Open Jobs
Tata Group Product Manager Salary 2 - 10 years exp. (24 salaries)	₹18 L/yr - ₹55.4 L/yr 139% more
Reliance Industries Product Manager Salary 1 - 9 years exp. (155 salaries)	₹6 L/yr - ₹25.9 L/yr 9% more	2 job openings
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Adani Group Product Manager Salary 0 - 12 years exp. (30 salaries)	₹11 L/yr - ₹34 L/yr 76% more
Mahindra & Mahindra Product Manager Salary 3 - 12 years exp. (57 salaries)	₹8 L/yr - ₹28 L/yr 35% more	1 job opening
Godrej Industries Group Product Manager Salary 2 - 10 years exp. (3 salaries)	₹17 L/yr - ₹20 L/yr 35% more
Ashok Leyland Product Manager Salary 3 - 16 years exp. (16 salaries)	₹7.5 L/yr - ₹25 L/yr 8% more
TCS Product Manager Salary 3 - 17 years exp. (358 salaries)	₹9 L/yr - ₹27.9 L/yr 33% more
Saint-Gobain Product Manager Salary 1 - 11 years exp. (25 salaries)	₹11 L/yr - ₹33 L/yr 38% more
Alstom Transportation Product Manager Salary 4 - 16 years exp. (9 salaries)	₹14 L/yr - ₹41 L/yr 121% more
Tata Technologies Product Manager Salary 7 - 16 years exp. (4 salaries)	₹8 L/yr - ₹35 L/yr 48% more
Halliburton Product Manager Salary 4 - 15 years exp. (4 salaries)	₹9.8 L/yr - ₹29 L/yr 44% more
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Product Manager salary at Larsen & Toubro Limited ranges between ₹6 Lakhs to ₹22.4 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 29 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Product Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹6 L/yr - ₹16.1 L/yr
2 years (4 salaries)	₹7 L/yr - ₹16.1 L/yr
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3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹21.7 L/yr
4 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
5 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹22.9 L/yr
6 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹24.6 L/yr
9 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹16 L/yr
11 years (3 salaries)	₹10 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹26.9 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.6 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.7 L/yr

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From

Product Manager

1 - 14 years exp.

Senior Product Manager

₹

Lakhs/yr

5 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Larsen & Toubro Limited

Project Manager Salary

(473 salaries)

₹12 L/yr - ₹43.53 L/yr

Production Manager Salary

(52 salaries)

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Product Owner Salary

(3 salaries)

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Program Manager Salary

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₹12 L/yr - ₹35 L/yr

Deputy Manager Salary

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Senior Product Manager Salary

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Scrum Master Salary

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Senior Project Manager Salary

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₹13.3 L/yr - ₹40 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Technical Product Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Top skills at Larsen & Toubro Limited for Product Manager

Product Management Troubleshooting Automation Windows OS Shell Scripting Monitoring Python Data Extraction Solarwinds bfsi Competitor Analysis Alliances Engineering Management Product Life Cycle Management Blending

Salary related reviews for Larsen & Toubro Limited

3.4

Rated by 4 employees for salary & benefits

Program Manager in Coimbatore

Full Time

Engineering - Software & QA Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

Works like a kindergarten school No r delayed promotion They Hold Variable component for 1 year Most of the salary component stuffed into variable High work pressure No work from home option

Salary - Bad

+6 more

Project Manager in New Delhi

Full Time

Project & Program Management Department

1.0

• posted on 30 Aug 2022

1.0

for Salary and Benefits

Likes

Salary gets credited on time. Job security.

Dislikes

...countability and processes not defined properly and due this blame game happens. Very low salary growth. Highly Biased appraisal. Not for MBAs. Good for engineering graduates

Salary - Bad

+5 more

Project Manager in Bangalore / Bengaluru

Full Time

Administration & Facilities Department

5.0

• posted on 21 Nov 2021

3.0

for Salary and Benefits

Likes

...ing workplace. Company is based on strong values. Employee welfare is top notch. Yes, compensation is less than market average but that's alright. Work life balance is unparalleled.

Skill development - Excellent

+4 more

Dislikes

Compensation: should match market standards. Rest all super. Amazing company. I love working here.

Project Manager in Thiruvananthapuram

Construction & Site Engineering Department

4.0

• posted on 25 Jun 2022

2.0

for Salary and Benefits

Likes

Safe work environment and job security.

Skill development - Excellent

+4 more

Dislikes

...d with other organisations in the same field even with sufficient experience....huge difference in salary structure between the people with same cadres..

Salary - Poor

+1 more

Project Manager in Chennai

Construction & Site Engineering Department

5.0

• posted on 17 Dec 2021

3.0

for Salary and Benefits

Likes

Job Security: Those who are really interested in job have a definite job security. Work culture: Well framed work culture to give better productivity maintaining safety & quality. Management: Overall yearly review, assessment and reward are average. Need to consider the assessment of Project Manager or Immediate supervisor. Company Policy: Policy of exit interview at different level are required before exit of staff. A sincere punishment is really better for the improvement of other staff. Policy like distributing the annual rewards throughout the year is better to retain the staff.

Skill development - Excellent

+5 more

Dislikes

...d as long as working good. Career growth is always there and well established. Timely salary without any delay. Delayed appraisal or unaccounted appraisal happening.

see more salary related reviews

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What people are saying about Larsen & Toubro Limited

View All

a technical architect- it

3d (edited)

Job offer but confused

I have 12 yr exp. Curent company L&T and Current CTC is 24 LPA (fixed). Now I got offer from luxoft and CTC 35 LPA I have 2 questions is it ok join to luxsoft? 35 LPA is less salary 12 yr exp?

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Larsen & Toubro Limited Product Manager Salary FAQs

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

Product Manager salary at Larsen & Toubro Limited in India ranges between ₹6.0 Lakhs to ₹22.4 Lakhs for experience between 1 years to 14 years. According to our estimates it is 38% less than the average Product Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Larsen & Toubro Limited India.

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

The average salary of a Product Manager at Larsen & Toubro Limited is 38% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

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

Product Management, Troubleshooting, Automation, Windows OS and Shell Scripting are some of the popular skills required to work as a Product Manager at Larsen & Toubro Limited India.

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

Tata Group Product Manager Salary - ₹18.0 Lakhs to ₹55.4 Lakhs per year
Alstom Transportation Product Manager Salary - ₹14.0 Lakhs to ₹41.0 Lakhs per year
Adani Group Product Manager Salary - ₹11.0 Lakhs to ₹34.0 Lakhs per year
Tata Technologies Product Manager Salary - ₹8.0 Lakhs to ₹35.0 Lakhs per year
Halliburton Product Manager Salary - ₹9.8 Lakhs to ₹29.0 Lakhs per year

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

Saint-Gobain Product Manager Salary - ₹11.0 Lakhs to ₹33.0 Lakhs per year
Godrej Industries Group Product Manager Salary - ₹17.0 Lakhs to ₹20.0 Lakhs per year
Mahindra & Mahindra Product Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
TCS Product Manager Salary - ₹9.0 Lakhs to ₹27.9 Lakhs per year
Reliance Industries Product Manager Salary - ₹6.0 Lakhs to ₹25.9 Lakhs per year

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

The estimated take-home salary of a Product Manager at Larsen & Toubro Limited ranges between ₹94,819 per month to ₹97,373 per month in India. The take-home salary calculation is based on the average Larsen & Toubro Limited Product Manager salary in India which ranges between ₹6.0 Lakhs to ₹22.4 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Larsen & Toubro Limited Product Managers reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Larsen & Toubro Limited Product Manager Salaries by Location

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Larsen & Toubro Limited Product Manager Salaries

Larsen & Toubro Limited Product Manager salary in India ranges between ₹6 Lakhs to ₹22.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.

Larsen & Toubro Limited Product Manager salaries in India (Updated 2025)

Companies similar to Larsen & Toubro Limited for Product Manager

Latest annual salaries shared by Larsen & Toubro Limited Product Manager

Experience wise Larsen & Toubro Limited Product Manager salaries

Similar Designation salaries in Larsen & Toubro Limited

Top skills at Larsen & Toubro Limited for Product Manager

Salary related reviews for Larsen & Toubro Limited

Program Manager in Coimbatore

Project Manager in New Delhi

Project Manager in Bangalore / Bengaluru

Project Manager in Thiruvananthapuram

Project Manager in Chennai

Larsen & Toubro Limited Product Manager Salary FAQs

Tell us how to improve this page.

Larsen & Toubro Limited Product Manager Salaries by Location