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%)

₹10.9 Lakhs

Variable (6%)

₹0.6 Lakh

43% 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. (22 salaries)	₹6 L/yr - ₹15 L/yr
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Product Management Product Manager Salary 1 - 6 years exp. (7 salaries)	₹9.5 L/yr - ₹15.8 L/yr

Last Updated: 8 Mar 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
Abbott Product Manager Salary 1 - 8 years exp. (62 salaries)	₹10.3 L/yr - ₹20 L/yr 32% more	3 job openings
Sun Pharmaceutical Industries Product Manager Salary 3 - 9 years exp. (57 salaries)	₹7 L/yr - ₹15 L/yr 3% more
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Alkem Laboratories Product Manager Salary 3 - 10 years exp. (44 salaries)	₹7 L/yr - ₹12 L/yr 11% less
Ipca Laboratories Product Manager Salary 3 - 10 years exp. (40 salaries)	₹5 L/yr - ₹9.5 L/yr 34% less
Dr. Reddy's Product Manager Salary 2 - 10 years exp. (31 salaries)	₹9 L/yr - ₹24 L/yr 43% more
Alembic Pharmaceuticals Product Manager Salary 1 - 8 years exp. (25 salaries)	₹6 L/yr - ₹10.5 L/yr 26% less
Zydus Lifesciences Product Manager Salary 2 - 9 years exp. (22 salaries)	₹7 L/yr - ₹16.5 L/yr 8% less	2 job openings
Ajanta Pharma Product Manager Salary 5 - 12 years exp. (20 salaries)	₹6.6 L/yr - ₹12.9 L/yr 7% less	1 job opening
Glenmark Pharmaceuticals Product Manager Salary 2 - 9 years exp. (17 salaries)	₹10.5 L/yr - ₹16.5 L/yr 17% more
Cipla Product Manager Salary 1 - 8 years exp. (16 salaries)	₹7.5 L/yr - ₹19.5 L/yr 12% more
Indoco Remedies Product Manager Salary 3 - 8 years exp. (15 salaries)	₹6.1 L/yr - ₹9.5 L/yr 31% less
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FDC Product Manager Salary 4 - 9 years exp. (14 salaries)	₹6 L/yr - ₹10 L/yr 21% less	1 job opening
Wockhardt Product Manager Salary 3 - 11 years exp. (12 salaries)	₹7.5 L/yr - ₹11.1 L/yr 15% less	1 job opening
GlaxoSmithKline Pharmaceuticals Product Manager Salary 1 - 12 years exp. (12 salaries)	₹12 L/yr - ₹28 L/yr 81% more
Torrent Pharmaceuticals Product Manager Salary 7 - 11 years exp. (8 salaries)	₹10.9 L/yr - ₹17.5 L/yr 21% more	1 job opening
J B Chemicals And Pharmaceuticals Product Manager Salary 1 - 7 years exp. (8 salaries)	₹6 L/yr - ₹9 L/yr 35% less
Mankind Pharma Product Manager Salary 5 - 11 years exp. (6 salaries)	₹9.8 L/yr - ₹16.5 L/yr 1% less
Novo Nordisk Product Manager Salary 3 - 6 years exp. (4 salaries)	₹6 L/yr - ₹18.1 L/yr 11% more	2 job openings

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: 8 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹9.5 L/yr - ₹19.6 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 - ₹20.6 L/yr
5 years (5 salaries)	₹10 L/yr - ₹15.8 L/yr
6 years (6 salaries)	₹9.7 L/yr - ₹15.8 L/yr
7 years (4 salaries)	₹9.2 L/yr - ₹15 L/yr
8 years (3 salaries)	₹11 L/yr - ₹12.4 L/yr

View all

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 - 14 years exp.

43% hike

Group Product Manager

9 - 14 years exp.

24% hike

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 Lupin

Senior Product Manager Salary

(45 salaries)

₹10.97 L/yr - ₹24 L/yr

Project Manager Salary

(14 salaries)

₹11.75 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

Business Analyst Salary

(4 salaries)

₹6.3 L/yr - ₹8 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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

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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Lupin Product Manager Salary FAQs

What is the salary of Product Manager at Lupin in Mumbai?

The average salary of a Product Manager at Lupin in Mumbai typically ranges from ₹6.0 Lakhs to ₹15.8 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Product Manager in Mumbai at Lupin earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. Product Manager Salaries at Lupin 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 30+ Lupin employees in India.

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 in Mumbai typically ranges from ₹82,262 to ₹84,409 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.8 Lakhs per year for employees with experience ranging from 1 year to 8 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 30+ salaries received from various employees of Lupin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Lupin in Mumbai?

To be a Product Manager at Lupin in Mumbai, the key skills required include:

- Product Management
- Supervision
- Product Development
- Critical Care
- Oncology

These skills are highly valued at Lupin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Lupin for Product Manager in India?

GlaxoSmithKline Pharmaceuticals	₹12.0 Lakhs to ₹28.0 Lakhs per year
Dr. Reddy's	₹9.0 Lakhs to ₹24.0 Lakhs per year
Abbott	₹10.3 Lakhs to ₹20.0 Lakhs per year
Torrent Pharmaceuticals	₹10.9 Lakhs to ₹17.5 Lakhs per year
Glenmark Pharmaceuticals	₹10.5 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lupin, depending on the role and experience level.

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

The salary of a Product Manager at companies similar to Lupin in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cipla	₹7.5 Lakhs to ₹19.5 Lakhs per year
Novo Nordisk	₹6.0 Lakhs to ₹18.1 Lakhs per year
Sun Pharmaceutical Industries	₹7.0 Lakhs to ₹15.0 Lakhs per year
Mankind Pharma	₹9.8 Lakhs to ₹16.5 Lakhs per year
Ajanta Pharma	₹6.6 Lakhs to ₹12.9 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 Lupin in Mumbai?

The salary growth for a Product Manager at Lupin in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Lupin:

Experience	Average Salary Range
1 year	₹9.5 Lakhs to ₹19.6 Lakhs per year
2 years	₹6.0 Lakhs to ₹13.0 Lakhs per year
3 years	₹9.5 Lakhs to ₹14.0 Lakhs per year
4 years	₹9.9 Lakhs to ₹20.6 Lakhs per year

and so on.

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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.