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Lava International Product Development Manager salaries in India

Annual salary range
3 - 6 years exp.
₹15 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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16% less than the average Product Development Manager Salary in Consumer Electronics & Appliances Companies for 3 - 6 years of experience

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Salaries in different departments

Marketing & Communication
Product Development Manager Salary
3 - 6 years exp. (8 salaries)
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₹15 L/yr - ₹20 L/yr

Product Management
Product Development Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹17 L/yr - ₹18.4 L/yr

Last Updated: 3 Apr 2024

Companies similar to Lava International for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹14 L/yr - ₹23 L/yr

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₹18.7 L/yr - ₹25.5 L/yr

arrow icon 19% more
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₹9 L/yr - ₹14 L/yr

arrow icon 40% less
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Whirlpool Product Development Manager Salary

9 - 22 years exp. (5 salaries)

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₹11.5 L/yr - ₹17 L/yr

arrow icon 21% less
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Panasonic Product Development Manager Salary

15 - 17 years exp. (4 salaries)

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₹18.6 L/yr - ₹20.7 L/yr

arrow icon 9% more
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₹12 L/yr - ₹15 L/yr

arrow icon 23% less
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₹9 L/yr - ₹15 L/yr

arrow icon 34% less
Product Development Manager salary at Lava International ranges between ₹15 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Lava International.

Latest annual salaries shared by Lava International Product Development Manager

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Experience wise Lava International Product Development Manager salaries

Last Updated: 3 Apr 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)

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₹15 L/yr - ₹18.5 L/yr
5 years  (4 salaries)

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₹16.5 L/yr - ₹20 L/yr
6 years  (3 salaries)

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₹17 L/yr - ₹20 L/yr

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₹1.15 L/yr - ₹3 L/yr
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₹12.78 L/yr - ₹28 L/yr
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(16 salaries)
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₹1.4 L/yr - ₹5.05 L/yr
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₹1.8 L/yr - ₹3 L/yr
Project Manager Salary
(10 salaries)
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₹7 L/yr - ₹17 L/yr

Top skills at Lava International for Product Development Manager

Product Management Product Strategy Product Portfolio Product Launch Category Management Product Development Product Planning Product Life Cycle Management Product Pricing Product Conceptualization

Salary related reviews for Lava International

2.0

Rated by 1 employees for salary & benefits

Quality Assurance Department

4.0
  •  posted on 28 Apr 2021

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +3 more

Dislikes

Good work place

Marketing & Communication Department

3.0
  •  posted on 05 Apr 2019

2.0
 for  Salary and Benefits

Likes

First of all its indian company. Second thing is lava gave us training we increas our skill and we teach how to make customer & solve cstmer problems lava teach us blooming etc

read more
  • Company culture - Good

Dislikes

Now in this period company not maintain stock for market requirment. And discontinue training and not increase salary..etc

read more
  • Salary - Poor
  • +3 more

Sales & Business Development Department

2.0
  •  posted on 20 Mar 2021

3.0
 for  Salary and Benefits

Likes

Nothing as company is not able to fix KPI. It changes as per mood of company. Comparison is with Samsung but brand image is poor. Product line is very poor Just a push company by paying employees heavily and giving outdated product line.

read more

Dislikes

Everyting else except salary.

  • Skill development - Bad
  • +5 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 30 Jan 2020

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopted a latest technology .I love the fact that I am a part of a team production department and high quality product and has a global client base

read more
  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent but growth is slow .the work pressure is very high

read more

Sales & Business Development Department

5.0
  •  posted on 25 Oct 2018

5.0
 for  Salary and Benefits

Likes

Lava is very good company.All lava family is good person as like CC, ARO, DBR, DM. Salary is good overall experience

read more
  • Salary - Excellent
  • +6 more

Dislikes

Lava company is provide training on video call. I think provide all CC face to face should be training.

see more salary related reviews

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Lava International Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Lava International ?
The average salary of a Product Development Manager at Lava International in India typically ranges from ₹15.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Product Development Manager at Lava International earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Product Development Manager Salaries at Lava International 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 Lava International employees in India.
What is the estimated take home salary of a Product Development Manager at Lava International in India?
The estimated take-home salary of a Product Development Manager at Lava International in India typically ranges from ₹1,22,109 to ₹1,25,648 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Lava International. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Product Development Manager at Lava International ?
To be a Product Development Manager at Lava International in india, the key skills required include:

  • - Product Management
  • - Product Strategy
  • - Product Portfolio
  • - Product Launch
  • - Category Management

These skills are highly valued at Lava International and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Lava International for Product Development Manager in India?
LG Electronics ₹18.7 Lakhs to ₹25.5 Lakhs per year
Panasonic ₹18.6 Lakhs to ₹20.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lava International, depending on the role and experience level.
What is the salary of a Product Development Manager in companies similar to Lava International in India?
The salary of a Product Development Manager at companies similar to Lava International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Electricals ₹14.0 Lakhs to ₹23.0 Lakhs per year
Whirlpool ₹11.5 Lakhs to ₹17.0 Lakhs per year
KENT RO Systems ₹12.0 Lakhs to ₹15.0 Lakhs per year
Intex Technologies ₹9.0 Lakhs to ₹15.0 Lakhs per year
USHA International ₹9.0 Lakhs to ₹14.0 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 Manager at Lava International in India?
The salary growth for a Product Development Manager at Lava International depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Lava International:

Experience Average Salary Range
3 years ₹7.2 Lakhs to ₹20.0 Lakhs per year
4 years ₹15.0 Lakhs to ₹18.5 Lakhs per year
5 years ₹16.5 Lakhs to ₹20.0 Lakhs per year
6 years ₹17.0 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

Lava International Product Development Manager salary in India ranges between ₹15 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Lava International latest salaries received from various employees of Lava International.