Mahindra & Mahindra Deputy Manager Product Development Salaries by 10 Employees

3 - 12 years exp.

₹8.7 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Deputy Manager Product Development Salary in Automobile Companies for 3 - 12 years of experience

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Salaries in different departments

Finance & Accounting Deputy Manager Product Development Salary 3 - 5 years exp. (3 salaries)	₹8.7 L/yr - ₹13 L/yr
Data Science & Analytics Deputy Manager Product Development Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹13.7 L/yr
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Research & Development Deputy Manager Product Development Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.8 L/yr

Last Updated: 15 Dec 2024

Companies similar to Mahindra & Mahindra for Deputy Manager Product Development

Company name	Avg Annual Salary	Open Jobs
Ford Motor Deputy Manager Product Development Salary 10 - 16 years exp. (23 salaries)	₹16 L/yr - ₹29 L/yr 74% more
Ashok Leyland Deputy Manager Product Development Salary 8 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹15 L/yr 3% less
Login to view exact salary
Whirlpool Deputy Manager Product Development Salary 8 - 11 years exp. (8 salaries)	₹9.9 L/yr - ₹18.9 L/yr 6% more
HDFC Life Deputy Manager Product Development Salary 2 - 10 years exp. (5 salaries)	₹7.5 L/yr - ₹10.7 L/yr 34% less
Sharekhan Deputy Manager Product Development Salary 6 - 14 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 20% less

Deputy Manager Product Development salary at Mahindra & Mahindra ranges between ₹8.7 Lakhs to ₹19 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 10 latest salaries received from various employees of Mahindra & Mahindra.

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

1mo ago

₹19 Lakhs

6 years exp.

2mo ago

₹13.1 Lakhs

5 years exp.

7mo ago

₹17.8 Lakhs

8 years exp.

7mo ago

₹11.7 Lakhs

4 years exp.

1y ago

₹8.7 Lakhs

4 years exp.

1y ago

5 years exp.

1y ago

12 years exp.

1y ago

3 years exp.

Experience wise Mahindra & Mahindra Deputy Manager Product Development salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹24.2 L/yr
4 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹24.2 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹24.3 L/yr
6 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹24.4 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹17.8 L/yr
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
10 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹24.7 L/yr

View all

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Top skills at Mahindra & Mahindra for Deputy Manager Product Development

Trend Analysis Analytical Chemistry Financial Analysis Group Sales Prototype Software Configuration Management Failure Analysis Failure analysis Test Cases oscilloscope institutional sales Manufacturing Engineering CATIA System Design Cafeteria Management

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

Skill development - Excellent

+3 more

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

Dislikes

Salary - Bad
Skill development - Bad

+5 more

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

Job security - Excellent

Dislikes

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

Salary - Bad

+4 more

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.

Skill development - Excellent

+3 more

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.

Skill development - Excellent

+2 more

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.

Salary - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra & Mahindra Deputy Manager Product Development Salary FAQs

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

The average salary of a Deputy Manager Product Development at Mahindra & Mahindra in India typically ranges from ₹8.7 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Deputy Manager Product Development at Mahindra & Mahindra earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Deputy Manager Product Development Salaries at Mahindra & Mahindra 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 Mahindra & Mahindra employees in India.

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

The estimated take-home salary of a Deputy Manager Product Development at Mahindra & Mahindra in India typically ranges from ₹95,240 to ₹97,807 per month. This is based on the average salary range of ₹8.7 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager Product Development at Mahindra & Mahindra ?

To be a Deputy Manager Product Development at Mahindra & Mahindra in india, the key skills required include:

- Trend Analysis
- Analytical Chemistry
- Financial Analysis
- Group Sales
- Prototype

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

Which companies offer higher salaries than Mahindra & Mahindra for Deputy Manager Product Development in India?

Ford Motor	₹16.0 Lakhs to ₹29.0 Lakhs per year
Whirlpool	₹9.9 Lakhs to ₹18.9 Lakhs per year

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

What is the salary of a Deputy Manager Product Development in companies similar to Mahindra & Mahindra in India?

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

Ashok Leyland	₹11.5 Lakhs to ₹15.0 Lakhs per year
Sharekhan	₹7.2 Lakhs to ₹15.0 Lakhs per year
HDFC Life	₹7.5 Lakhs to ₹10.7 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 Deputy Manager Product Development at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
3 years	₹8.7 Lakhs to ₹24.2 Lakhs per year
4 years	₹8.7 Lakhs to ₹24.2 Lakhs per year
5 years	₹10.0 Lakhs to ₹24.3 Lakhs per year
6 years	₹12.5 Lakhs to ₹19.0 Lakhs per year

and so on.

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Mahindra & Mahindra Deputy Manager Product Development Salaries

Mahindra & Mahindra Deputy Manager Product Development salary in India ranges between ₹8.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Deputy Manager Product Development salaries in India

Companies similar to Mahindra & Mahindra for Deputy Manager Product Development

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

Experience wise Mahindra & Mahindra Deputy Manager Product Development salaries

Similar Designation salaries in Mahindra & Mahindra

Top skills at Mahindra & Mahindra for Deputy Manager Product Development

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 Deputy Manager Product Development Salary FAQs

Tell us how to improve this page.