Mahindra Aerospace Program Manager Salaries by 5 Employees (Updated 2025)

9 - 18 years exp.

₹9 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Program Manager Salary in Defence & Aerospace Companies for 9 - 18 years of experience

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Salaries in different departments

Project & Program Management Program Manager Salary 9 - 18 years exp. (4 salaries)	₹9 L/yr - ₹15 L/yr
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Aviation & Aerospace Program Manager Salary 11 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 5 Feb 2025

Companies similar to Mahindra Aerospace for Program Manager

Company name	Avg Annual Salary	Open Jobs
Tata Advanced Systems Program Manager Salary 1 - 15 years exp. (90 salaries)	₹7.1 L/yr - ₹27 L/yr 31% more	1 job opening
Honeywell Technology Solutions Program Manager Salary 11 - 17 years exp. (69 salaries)	₹15 L/yr - ₹51 L/yr 190% more	3 job openings
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GE Program Manager Salary 10 - 22 years exp. (14 salaries)	₹23 L/yr - ₹53 L/yr 198% more
Collins Aerospace Program Manager Salary 12 - 19 years exp. (9 salaries)	₹19 L/yr - ₹40.4 L/yr 182% more
Hindustan Aeronautics Program Manager Salary 9 - 14 years exp. (6 salaries)	₹16.8 L/yr - ₹22 L/yr 58% more
Aequs Program Manager Salary 4 - 12 years exp. (4 salaries)	₹5 L/yr - ₹11 L/yr 32% less
Mahindra Defence Systems Program Manager Salary 12 - 15 years exp. (4 salaries)	₹15.2 L/yr - ₹16.5 L/yr 30% more
Tata Boeing Aerospace Program Manager Salary 4 - 7 years exp. (4 salaries)	₹10.4 L/yr - ₹17 L/yr 13% more
HID Global Program Manager Salary 11 - 18 years exp. (3 salaries)	₹28.5 L/yr - ₹35 L/yr 160% more

Program Manager salary at Mahindra Aerospace ranges between ₹9 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Aerospace.

Experience wise Mahindra Aerospace Program Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹18.7 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12.5 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Mahindra Aerospace

Project Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Program Manager Salary

(4 salaries)

₹24.6 L/yr - ₹26 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Salary related reviews for Mahindra Aerospace

2.3

Rated by 3 employees for salary & benefits

Program Manager in Narasapura Industrial Area.

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 11 Apr 2023

1.0

for Salary and Benefits

Likes

There is no much to disclose about the likings, the salary is peanuts and the culture has gone terrible over the years. I urge you to.take your decisions wisely before committing mistake.

Dislikes

There is nothing to like at all.

Salary - Bad

+6 more

Assembly Operator in Narsapura Industrial Area Kolar

Full Time

Other Department

1.0

• posted on 10 May 2023

2.0

for Salary and Benefits

Likes

Worst manegement i ever seen HR giving promise for giving on roal Based on performance. My performance is excellent( saying from our department manager ) but manegement did not keep his promise

Skill development - Excellent

+1 more

Dislikes

Manegement

Salary - Poor

HR And Admin - Sr. Executive

Full Time

Human Resources Department

5.0

• posted on 05 Sep 2019

5.0

for Salary and Benefits

Likes

Motivation from top management and team members, Opportunity to learn more, healthy Environment, feels like working with Family members. Totally Happy to be a part of Mahindra.

Salary - Excellent

+6 more

Dislikes

This question is not applicable to me

Associate in Mumbai

Production, Manufacturing & Engineering Department

5.0

• posted on 15 Feb 2018

5.0

for Salary and Benefits

Likes

Company has good environment to work ,here all are supporting people are there in this company,this company is very precious in work ,and producing excellent quality products of air craft and aeroplanes,good in appraisals, travels and food facility is very nice,good about trainings on all standards awareness, lot of things are there to learn, totally this company is one of the best organisation to work.

Salary - Excellent

+6 more

Dislikes

Growth is slow and little bit of work pressure.

Product Consultant

Research & Development Department

4.0

• posted on 04 May 2018

5.0

for Salary and Benefits

Likes

It's Very good different Customers like Airbus /Boeing lnternational Customer Satisfaction meets in production /Planning on going management etc

Salary - Excellent

+6 more

Dislikes

Many of the peoples Leaving the company one or two years it affects the over all the production

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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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Mahindra Aerospace Program Manager Salary FAQs

What is the salary of Program Manager at Mahindra Aerospace ?

The average salary of a Program Manager at Mahindra Aerospace in India typically ranges from ₹9.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Program Manager at Mahindra Aerospace earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Program Manager Salaries at Mahindra Aerospace 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 5 Mahindra Aerospace employees in India.

What is the estimated take home salary of a Program Manager at Mahindra Aerospace in India?

The estimated take-home salary of a Program Manager at Mahindra Aerospace in India typically ranges from ₹86,789 to ₹89,063 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 9 years to 18 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 5 salaries received from various employees of Mahindra Aerospace. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Aerospace for Program Manager in India?

GE	₹23.0 Lakhs to ₹53.0 Lakhs per year
Honeywell Technology Solutions	₹15.0 Lakhs to ₹51.0 Lakhs per year
Collins Aerospace	₹19.0 Lakhs to ₹40.4 Lakhs per year
HID Global	₹28.5 Lakhs to ₹35.0 Lakhs per year
Hindustan Aeronautics	₹16.8 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Program Manager in companies similar to Mahindra Aerospace in India?

The salary of a Program Manager at companies similar to Mahindra Aerospace in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Advanced Systems	₹7.1 Lakhs to ₹27.0 Lakhs per year
Mahindra Defence Systems	₹15.2 Lakhs to ₹16.5 Lakhs per year
Tata Boeing Aerospace	₹10.4 Lakhs to ₹17.0 Lakhs per year
Aequs	₹5.0 Lakhs to ₹11.0 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 Program Manager at Mahindra Aerospace in India?

The salary growth for a Program Manager at Mahindra Aerospace depends on factors such as experience, performance, and promotions. On average, a Program Manager can expect the following growth trajectory at Mahindra Aerospace:

Experience	Average Salary Range
9 years	₹9.0 Lakhs to ₹9.0 Lakhs per year
10 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
11 years	₹9.5 Lakhs to ₹18.7 Lakhs per year
12 years	₹10.0 Lakhs to ₹12.8 Lakhs per year

and so on.

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Mahindra Aerospace Program Manager Salaries

Mahindra Aerospace Program Manager salary in India ranges between ₹9 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Aerospace latest salaries received from various employees of Mahindra Aerospace.