Lupin Mumbai Product Manager Salaries by 30+ Employees (Updated 2025)

1 - 8 years exp.

₹6 Lakhs - ₹15.8 Lakhs

Salary of majority employees

Fixed (94%)

₹10.6 Lakhs

Variable (6%)

₹0.7 Lakh

45% less than the average Product Manager Salary in Pharma Companies for 1 - 8 years of experience

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Salaries in different departments

Marketing & Communication Product Manager Salary 1 - 8 years exp. (23 salaries)	₹6 L/yr - ₹15 L/yr
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Product Management Product Manager Salary 1 - 6 years exp. (6 salaries)	₹9.5 L/yr - ₹15.8 L/yr

Last Updated: 6 Feb 2025

Companies similar to Lupin for Product Manager in Mumbai

Lupin Product Manager Salary

1 - 8 years exp. (31 salaries)

₹6 L/yr - ₹15.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Sun Pharmaceutical Industries Product Manager Salary 3 - 9 years exp. (56 salaries)	₹7 L/yr - ₹15 L/yr 4% more	2 job openings
Cipla Product Manager Salary 1 - 8 years exp. (16 salaries)	₹7.5 L/yr - ₹19.5 L/yr 17% more
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Abbott Product Manager Salary 1 - 8 years exp. (62 salaries)	₹10.3 L/yr - ₹20 L/yr 35% more	7 job openings
Alkem Laboratories Product Manager Salary 3 - 10 years exp. (44 salaries)	₹7 L/yr - ₹12 L/yr 9% less	2 job openings
Ipca Laboratories Product Manager Salary 3 - 10 years exp. (39 salaries)	₹5 L/yr - ₹9.5 L/yr 34% less
Dr. Reddy's Product Manager Salary 2 - 10 years exp. (30 salaries)	₹9 L/yr - ₹24 L/yr 51% more	1 job opening
Zydus Lifesciences Product Manager Salary 2 - 9 years exp. (25 salaries)	₹6.1 L/yr - ₹16.5 L/yr 7% less	1 job opening
Alembic Pharmaceuticals Product Manager Salary 1 - 8 years exp. (24 salaries)	₹6 L/yr - ₹10 L/yr 25% less	1 job opening
Ajanta Pharma Product Manager Salary 5 - 10 years exp. (19 salaries)	₹6.6 L/yr - ₹12.9 L/yr 7% less
Indoco Remedies Product Manager Salary 3 - 8 years exp. (15 salaries)	₹6.1 L/yr - ₹9.5 L/yr 30% less
FDC Product Manager Salary 4 - 9 years exp. (14 salaries)	₹6 L/yr - ₹10 L/yr 20% less
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Glenmark Pharmaceuticals Product Manager Salary 2 - 9 years exp. (13 salaries)	₹10.5 L/yr - ₹15.9 L/yr 15% more
Wockhardt Product Manager Salary 3 - 11 years exp. (12 salaries)	₹7.5 L/yr - ₹11.1 L/yr 14% less	1 job opening
Torrent Pharmaceuticals Product Manager Salary 7 - 11 years exp. (8 salaries)	₹10.9 L/yr - ₹17.5 L/yr 23% more
J B Chemicals And Pharmaceuticals Product Manager Salary 1 - 7 years exp. (8 salaries)	₹6 L/yr - ₹9 L/yr 34% less
Novo Nordisk Product Manager Salary 3 - 6 years exp. (4 salaries)	₹6 L/yr - ₹18.1 L/yr 13% more	1 job opening

Product Manager salary at Lupin ranges between ₹6 Lakhs to ₹15.8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 31 latest salaries received from various employees of Lupin.

Experience wise Lupin Product Manager salaries in Mumbai

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹9.5 L/yr - ₹19.3 L/yr
2 years (4 salaries)	₹6 L/yr - ₹13 L/yr
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3 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹14 L/yr
4 years (3 salaries)	₹9.9 L/yr - ₹20.2 L/yr
5 years (5 salaries)	₹10 L/yr - ₹15.8 L/yr
6 years (6 salaries)	₹9.7 L/yr - ₹15 L/yr
7 years (4 salaries)	₹9.2 L/yr - ₹15 L/yr
8 years (3 salaries)	₹11 L/yr - ₹12.4 L/yr

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From

Product Manager

₹

Lakhs/yr

1 - 8 years exp.

Dy. GM Marketing

₹

Lakhs/yr

12 - 21 years exp.

Product Manager 1 - 8 years exp.

Senior Product Manager 6 - 13 years exp.

49% hike

Group Product Manager 9 - 14 years exp.

21% hike

Similar Designation salaries in Lupin

Senior Product Manager Salary

(45 salaries)

₹10.97 L/yr - ₹30 L/yr

Project Manager Salary

(8 salaries)

₹16.45 L/yr - ₹25 L/yr

Senior Project Manager Salary

(5 salaries)

₹24.7 L/yr - ₹31 L/yr

Group Product Manager Salary

(5 salaries)

₹18 L/yr - ₹23 L/yr

Top skills at Lupin for Product Manager

Product Management Supervision Product Development Critical Care Oncology Product Strategy Marketing Gastro

Salary related reviews for Lupin

3.1

Rated by 5 employees for salary & benefits

Sales Coordinator in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 13 Jan 2025

1.0

for Salary and Benefits

Likes

In Lupin pharma sat sun off and mostly indian festival holidays

Work satisfaction - Good

+2 more

Dislikes

I was working on third party pay role so if someone's planning to work on third party pay role I request not to join you won't get any benefit and you will always be criticize for being on third party

Salary - Bad

+3 more

Executive in Pune

Full Time

Other Department

3.0

• posted on 20 Nov 2024

3.0

for Salary and Benefits

Likes

1. Well established document system. 2.Work flow 3.Detailed documentation and procedures 4.Food quality

Dislikes

...p fails, lacks empathy towards team members, decision lacking, blame culture. 4. Salary increments and promotions less compared to other peers.

Area Sales Manager in Nagpur

Full Time

Other Department

5.0

• posted on 18 Nov 2024

5.0

for Salary and Benefits

Likes

I appreciated Lupin for its strong brand presence, especially in the CNS segment, which enriched my expertise with key molecules. The 9-year journey offered growth from Medical Representative to Area Business Manager, enhancing leadership skills. I valued the productive work culture, supportive team, and strong professional relationships built over time.

Salary - Excellent

+6 more

Dislikes

...Lupin, I valued the experience and growth, but there were areas for improvement. The compensation did not align with the industry standard for my role, and the consistent target pressure in recent years was challenging. Additionally, I felt there could be more opportunities for career advancement.

Senior Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 17 Oct 2024

5.0

for Salary and Benefits

Likes

...e to work. Flexible timing. Work-life balance is good. Management is supportive. 8 hours work timing with weekend off Increment and bonus is awesome Overall you can Join Lupin for retirement

Salary - Excellent

+6 more

Dislikes

Nothing

Senior Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

Lupin celebrates their employees birthday, give yearly bonus and gift along with nice sweets and dry fruits.

Salary - Good

+4 more

Dislikes

I have worked in 3 process in 5 years. My current process which is USO2C process where Manager's politics are worst and few of the employees in this process are getting mentally torture, listen hard and abusive words from manager, never get appreciation and manager and it's head of the department takes away credits of their below colleagues.

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Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Lupin Product Manager Salary FAQs

What is the salary of Product Manager at Lupin Mumbai?

Product Manager salary at Lupin in Mumbai ranges between ₹6.0 Lakhs to ₹15.8 Lakhs for experience between 1 years to 8 years. According to our estimates it is 45% less than the average Product Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Lupin Mumbai.

How does the salary of a Product Manager at Lupin Mumbai compare with the average salary range for this job?

The average salary of a Product Manager at Lupin is 45% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at Lupin?

Product Management, Supervision, Product Development, Critical Care and Oncology are some of the popular skills required to work as a Product Manager at Lupin Mumbai.

Which similar companies are paying more than Lupin to a Product Manager in Mumbai?

Dr. Reddy's Product Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
Abbott Product Manager Salary - ₹10.3 Lakhs to ₹20.0 Lakhs per year
Torrent Pharmaceuticals Product Manager Salary - ₹10.9 Lakhs to ₹17.5 Lakhs per year
Cipla Product Manager Salary - ₹7.5 Lakhs to ₹19.5 Lakhs per year
Glenmark Pharmaceuticals Product Manager Salary - ₹10.5 Lakhs to ₹15.9 Lakhs per year

What is the salary of a Product Manager in companies similar to Lupin in Mumbai?

Novo Nordisk Product Manager Salary - ₹6.0 Lakhs to ₹18.1 Lakhs per year
Sun Pharmaceutical Industries Product Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Ajanta Pharma Product Manager Salary - ₹6.6 Lakhs to ₹12.9 Lakhs per year
Zydus Lifesciences Product Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
Alkem Laboratories Product Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Lupin in Mumbai?

The estimated take-home salary of a Product Manager at Lupin ranges between ₹80,795 per month to ₹82,900 per month in Mumbai. The take-home salary calculation is based on the average Lupin Product Manager salary in India which ranges between ₹6.0 Lakhs to ₹15.8 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Lupin in Mumbai?

According to AmbitionBox, 44% of the Lupin Product Managers in Mumbai reported a notice period of 3 Months, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Lupin Product Manager Salaries in Mumbai

Lupin Product Manager salary in Mumbai ranges between ₹6 Lakhs to ₹15.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Lupin latest salaries received from various employees of Lupin.