Mahindra & Mahindra Pune Manager new Product Development Salaries by 7 Employees (Updated 2025)

13 - 20 years exp.

₹15.5 Lakhs - ₹35 Lakhs

Salary of majority employees

53% more than the average Manager new Product Development Salary in Automobile Companies for 13 - 20 years of experience

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Salaries in different departments

Research & Development Manager new Product Development Salary 13 - 17 years exp. (4 salaries)	₹15.5 L/yr - ₹33.6 L/yr
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Project & Program Management Manager new Product Development Salary 18 - 20 years exp. (3 salaries)	₹22.1 L/yr - ₹35 L/yr

Last Updated: 18 Nov 2024

Companies similar to Mahindra & Mahindra for Manager new Product Development in Pune

Mahindra & Mahindra Manager new Product Development Salary

13 - 20 years exp. (7 salaries)

₹15.5 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Manager new Product Development Salary 4 - 14 years exp. (3 salaries)	₹12.3 L/yr - ₹22 L/yr 51% less
Bajaj Auto Manager new Product Development Salary 11 - 21 years exp. (4 salaries)	₹24 L/yr - ₹34 L/yr 1% more
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Emdet Engineers Manager new Product Development Salary 14 - 19 years exp. (4 salaries)	₹12 L/yr - ₹13 L/yr 54% less
ONKAR DIES Manager new Product Development Salary 8 - 13 years exp. (4 salaries)	₹6.6 L/yr - ₹8.6 L/yr 72% less
Active Chromewell Exhaust Manager new Product Development Salary 10 - 14 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 49% less

Manager new Product Development salary at Mahindra & Mahindra ranges between ₹15.5 Lakhs to ₹35 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Manager new Product Development salaries in Pune

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹39.7 L/yr
14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹42.7 L/yr
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15+ years (5 salaries)	₹22 L/yr - ₹35 L/yr

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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

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

see more salary related reviews

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What people are saying about Mahindra & Mahindra

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divitr

works at

Mahindra & Mahindra

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks

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Mahindra & Mahindra Manager new Product Development Salary FAQs

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

Manager new Product Development salary at Mahindra & Mahindra in Pune ranges between ₹15.5 Lakhs to ₹35.0 Lakhs for experience between 13 years to 20 years. According to our estimates it is 53% more than the average Manager new Product Development Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra Pune.

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

The average salary of a Manager new Product Development at Mahindra & Mahindra is 53% more than the average salary of a Manager new Product Development in Pune. To know exact salary insights, login to view.

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

Bajaj Auto Manager new Product Development Salary - ₹24.0 Lakhs to ₹34.0 Lakhs per year

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

Active Chromewell Exhaust Manager new Product Development Salary - ₹12.0 Lakhs to ₹17.5 Lakhs per year
Tata Motors Manager new Product Development Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Emdet Engineers Manager new Product Development Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
ONKAR DIES Manager new Product Development Salary - ₹6.6 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Manager new Product Development at Mahindra & Mahindra ranges between ₹1,73,529 per month to ₹1,80,239 per month in Pune. The take-home salary calculation is based on the average Mahindra & Mahindra Manager new Product Development salary in India which ranges between ₹15.5 Lakhs to ₹35.0 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Manager new Product Development at Mahindra & Mahindra in Pune?

According to AmbitionBox, 80% of the Mahindra & Mahindra Manager new Product Developments in Pune reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Manager new Product Development Salaries in Pune

Mahindra & Mahindra Manager new Product Development salary in Pune ranges between ₹15.5 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Manager new Product Development salaries in Pune

Companies similar to Mahindra & Mahindra for Manager new Product Development in Pune

Latest annual salaries shared by Mahindra & Mahindra Manager new Product Development in Pune

Experience wise Mahindra & Mahindra Manager new Product Development salaries in Pune

Similar Designation salaries in Mahindra & Mahindra

Salary related reviews for Mahindra & Mahindra

Design Engineer in Chennai

Senior Design Engineer in Chennai

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Lead Engineer in Chennai

Design Engineer in Chengalpattu

Mahindra & Mahindra Manager new Product Development Salary FAQs

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