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4.1

based on 9.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra & Mahindra Product Development Manager salaries in India

Annual salary range
6 - 24 years exp.
₹12.8 Lakhs - ₹28.2 Lakhs
Salary of majority employees
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13% less than the average Product Development Manager Salary in Automobile Companies for 6 - 24 years of experience

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Salaries in different departments

Research & Development
Product Development Manager Salary
6 - 24 years exp. (13 salaries)
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₹12.8 L/yr - ₹28.2 L/yr

Engineering - Software & QA
Product Development Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹21.9 L/yr

Last Updated: 14 Nov 2024

Companies similar to Mahindra & Mahindra for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹8 L/yr - ₹10.1 L/yr

arrow icon 51% less
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₹22 L/yr - ₹32 L/yr

arrow icon 40% more
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₹8.8 L/yr - ₹17.7 L/yr

arrow icon 37% less
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Bajaj Auto Product Development Manager Salary

8 - 10 years exp. (4 salaries)

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₹12.1 L/yr - ₹26 L/yr

arrow icon 17% less
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Force Motors Product Development Manager Salary

12 - 14 years exp. (4 salaries)

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₹14.3 L/yr - ₹20.4 L/yr

arrow icon 3% less
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Ford Motor Product Development Manager Salary

15 - 19 years exp. (16 salaries)

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₹25.5 L/yr - ₹47.3 L/yr

arrow icon 107% more
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₹6.6 L/yr - ₹11 L/yr

arrow icon 53% less
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₹9.2 L/yr - ₹11.8 L/yr

arrow icon 45% less
Product Development Manager salary at Mahindra & Mahindra ranges between ₹12.8 Lakhs to ₹28.2 Lakhs per year for employees with experience between 6 years to 24 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Product Development Manager

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17 years exp.
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24 years exp.
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13 years exp.
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10 years exp.
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11 years exp.
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Experience wise Mahindra & Mahindra Product Development Manager salaries

Last Updated: 14 Nov 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹18.5 L/yr
7 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.5 L/yr
8 years (AmbitionBox Estimate)

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₹12.8 L/yr - ₹29.6 L/yr
9 years (AmbitionBox Estimate)

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₹16.1 L/yr - ₹30.2 L/yr
10 years (AmbitionBox Estimate)

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₹14 L/yr - ₹30.8 L/yr
View all

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Top skills at Mahindra & Mahindra for Product Development Manager

Trend Analysis Analytical Chemistry Financial Analysis System Design Quality Check Cost Reduction Currency Swaps Design Development Performance analysis Software Configuration Management Failure Analysis Powertrain Financial Statement Analysis Data Analysis Manufacturing Engineering

Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Sep 2024

2.0
 for  Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023

3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 04 Feb 2023

4.0
 for  Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

read more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

read more

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 15 May 2023

5.0
 for  Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 27 Jun 2022

1.0
 for  Salary and Benefits

Likes

All the above parameters are terribly rates because company has no focus on improving them. What ever they do, it is done for the eyewash not for the benefit of the employee. Employees are pressurised to give good rating in "BEST PLACE TO WORK" surveys.

read more

Dislikes

...aisal is given to the employee in the month of August. That too with no arrears. Means employees get the same old salary for first 4 months of next financial year. Pathetic policy. S

read more
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Mahindra & Mahindra Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Mahindra & Mahindra?
Product Development Manager salary at Mahindra & Mahindra in India ranges between ₹12.8 Lakhs to ₹28.2 Lakhs for experience between 6 years to 24 years. According to our estimates it is 13% less than the average Product Development Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Mahindra & Mahindra India.
How does the salary of a Product Development Manager at Mahindra & Mahindra India compare with the average salary range for this job?
The average salary of a Product Development Manager at Mahindra & Mahindra is 13% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Development Manager at Mahindra & Mahindra?
Trend Analysis, Analytical Chemistry, Financial Analysis, System Design and Quality Check are some of the popular skills required to work as a Product Development Manager at Mahindra & Mahindra India.
Which similar companies are paying more than Mahindra & Mahindra to a Product Development Manager in India?
  • Ford Motor Product Development Manager Salary - ₹25.5 Lakhs to ₹47.3 Lakhs per year
  • Maruti Suzuki Product Development Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year
What is the salary of a Product Development Manager in companies similar to Mahindra & Mahindra in India?
  • Force Motors Product Development Manager Salary - ₹14.3 Lakhs to ₹20.4 Lakhs per year
  • Bajaj Auto Product Development Manager Salary - ₹12.1 Lakhs to ₹26.0 Lakhs per year
  • Ashok Leyland Product Development Manager Salary - ₹8.8 Lakhs to ₹17.7 Lakhs per year
  • Hyundai Motor India Limited Product Development Manager Salary - ₹9.2 Lakhs to ₹11.8 Lakhs per year
  • Tata Motors Product Development Manager Salary - ₹8.0 Lakhs to ₹10.1 Lakhs per year
What is the estimated take home salary of a Product Development Manager at Mahindra & Mahindra in India?
The estimated take-home salary of a Product Development Manager at Mahindra & Mahindra ranges between ₹1,25,346 per month to ₹1,29,314 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Product Development Manager salary in India which ranges between ₹12.8 Lakhs to ₹28.2 Lakhs per year for employees with experience between 6 years to 24 years. Check how did we calculate take home salary?
What is the notice period for Product Development Manager at Mahindra & Mahindra?
According to AmbitionBox, 67% of the Mahindra & Mahindra Product Development Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Product Development Manager salary in India ranges between ₹12.8 Lakhs to ₹28.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.