Mahindra & Mahindra Assistant Manager Product Development Salaries by 5 Employees (Updated 2024)

5 - 11 years exp.

₹6.3 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Assistant Manager Product Development Salary in Automobile Companies for 5 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mahindra & Mahindra for Assistant Manager Product Development

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Assistant Manager Product Development Salary 1 - 2 years exp. (3 salaries)	₹8.6 L/yr - ₹12.5 L/yr 47% more
Ashok Leyland Assistant Manager Product Development Salary 6 - 15 years exp. (7 salaries)	₹6.8 L/yr - ₹9.5 L/yr 16% more
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Renault Nissan Technology & Business Centre India Assistant Manager Product Development Salary 9 - 16 years exp. (5 salaries)	₹7 L/yr - ₹10.8 L/yr 26% more
SYSKA LED Lights Assistant Manager Product Development Salary 1 - 8 years exp. (7 salaries)	₹5.2 L/yr - ₹8.5 L/yr 3% more
TVS Sundram Fasteners Assistant Manager Product Development Salary 3 - 17 years exp. (7 salaries)	₹5.8 L/yr - ₹9.5 L/yr 7% more

Assistant Manager Product Development salary at Mahindra & Mahindra ranges between ₹6.3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Assistant Manager Product Development salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.7 L/yr
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7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.2 L/yr

View all

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Salary related reviews for Mahindra & Mahindra

Design Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 May 2023

3.0

for Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

Senior Design Engineer in Chennai

Full Time

Research & Development Department

1.0

• posted on 12 May 2022

1.0

for Salary and Benefits

Likes

Company will plug every penny from employee in the name cost savings or cost cutting. You will not receive any employee benefits for example like food, transport, Tea/coffee for everything you have to pay. There is no free benefits like such things

Tool Design Engineer in Nagpur

Production, Manufacturing & Engineering Department

1.0

• posted on 20 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing is good in this company, I had worst experience ever. They don't care about your problems they only need there benefits,all officer's are rude they don't do anything except giving orders to DETs

Dislikes

Salary Officers behaviour Leave They don't care about you they only care about there benefits

Lead Engineer in Chennai

Power Train Department

4.0

• posted on 19 Aug 2022

3.0

for Salary and Benefits

Likes

Hands on work for all technical work which in most of other OEM are done by consultant. Due to this learning growth is enormous. Beautiful campus are MRV chennai.

Dislikes

...uirement you may be asked to work 7 days a week. Work life balance is not good. Salary negotiations should be very very carefully at the time of interview.

Design Engineer in Chengalpattu

Research & Development Department

3.0

• posted on 31 Oct 2022

1.0

for Salary and Benefits

Likes

Learning wise it is best company incase you are not bothered about salary and hike.

Dislikes

You can learn but cant earn. Appraisal is not depends upon your achievements, talent and hard work. Work life balancing will not be satisfactory.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra & Mahindra Assistant Manager Product Development Salary FAQs

What is the salary of Assistant Manager Product Development at Mahindra & Mahindra?

Assistant Manager Product Development salary at Mahindra & Mahindra in India ranges between ₹6.3 Lakhs to ₹8.2 Lakhs for experience between 5 years to 11 years. According to our estimates it is 7% less than the average Assistant Manager Product Development Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Assistant Manager Product Development at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Assistant Manager Product Development at Mahindra & Mahindra is 7% less than the average salary of a Assistant Manager Product Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Assistant Manager Product Development in India?

Maruti Suzuki Assistant Manager Product Development Salary - ₹8.6 Lakhs to ₹12.5 Lakhs per year
Renault Nissan Technology & Business Centre India Assistant Manager Product Development Salary - ₹7.0 Lakhs to ₹10.8 Lakhs per year
Ashok Leyland Assistant Manager Product Development Salary - ₹6.8 Lakhs to ₹9.5 Lakhs per year
TVS Sundram Fasteners Assistant Manager Product Development Salary - ₹5.8 Lakhs to ₹9.5 Lakhs per year
SYSKA LED Lights Assistant Manager Product Development Salary - ₹5.2 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager Product Development at Mahindra & Mahindra in India?

The estimated take-home salary of a Assistant Manager Product Development at Mahindra & Mahindra ranges between ₹54,338 per month to ₹55,694 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Assistant Manager Product Development salary in India which ranges between ₹6.3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager Product Development at Mahindra & Mahindra?

According to AmbitionBox, 67% of the Mahindra & Mahindra Assistant Manager Product Developments reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Assistant Manager Product Development Salaries

Mahindra & Mahindra Assistant Manager Product Development salary in India ranges between ₹6.3 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Assistant Manager Product Development salaries in India

Companies similar to Mahindra & Mahindra for Assistant Manager Product Development

Latest annual salaries shared by Mahindra & Mahindra Assistant Manager Product Development

Experience wise Mahindra & Mahindra Assistant Manager Product Development salaries

Similar Designation salaries in Mahindra & Mahindra

Salary related reviews for Mahindra & Mahindra

Design Engineer in Chennai

Senior Design Engineer in Chennai

Tool Design Engineer in Nagpur

Lead Engineer in Chennai

Design Engineer in Chengalpattu

Mahindra & Mahindra Assistant Manager Product Development Salary FAQs

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