Mahindra & Mahindra R&D Manager Salaries by 6 Employees

13 - 19 years exp.

₹23 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

24% more than the average R&D Manager Salary in Automobile Companies for 13 - 19 years of experience

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Last Updated: 8 Dec 2024

Companies similar to Mahindra & Mahindra for R&D Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto R&D Manager Salary 4 - 21 years exp. (31 salaries)	₹10.5 L/yr - ₹42 L/yr 4% less
Maruti Suzuki R&D Manager Salary 8 - 12 years exp. (7 salaries)	₹18 L/yr - ₹26 L/yr 17% less
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Daimler India Commercial Vehicles R&D Manager Salary 2 - 11 years exp. (6 salaries)	₹5.2 L/yr - ₹11.4 L/yr 71% less
SML Isuzu R&D Manager Salary 15 - 18 years exp. (4 salaries)	₹16 L/yr - ₹17 L/yr 39% less
TVS Motor R&D Manager Salary 18 - 20 years exp. (4 salaries)	₹15.5 L/yr - ₹18 L/yr 38% less
Tata Motors R&D Manager Salary 10 - 18 years exp. (3 salaries)	₹14.1 L/yr - ₹25 L/yr 20% less

R&D Manager salary at Mahindra & Mahindra ranges between ₹23 Lakhs to ₹28 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra R&D Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹28 L/yr
14 years (AmbitionBox Estimate)	₹23 L/yr - ₹46.5 L/yr
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15+ years (4 salaries)	₹25.5 L/yr - ₹27.9 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra R&D Manager Salary FAQs

What is the salary of R&D Manager at Mahindra & Mahindra ?

The average salary of a R&D Manager at Mahindra & Mahindra in India typically ranges from ₹23.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of R&D Manager at Mahindra & Mahindra earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. R&D Manager 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 6 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a R&D Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a R&D Manager at Mahindra & Mahindra in India typically ranges from ₹1,67,474 to ₹1,73,910 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 6 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a R&D Manager in companies similar to Mahindra & Mahindra in India?

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

Bajaj Auto	₹10.5 Lakhs to ₹42.0 Lakhs per year
Maruti Suzuki	₹18.0 Lakhs to ₹26.0 Lakhs per year
Tata Motors	₹14.1 Lakhs to ₹25.0 Lakhs per year
TVS Motor	₹15.5 Lakhs to ₹18.0 Lakhs per year
SML Isuzu	₹16.0 Lakhs to ₹17.0 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 R&D Manager at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
13 years	₹10.2 Lakhs to ₹28.0 Lakhs per year
14 years	₹23.0 Lakhs to ₹46.5 Lakhs per year
15 years	₹25.5 Lakhs to ₹27.9 Lakhs per year

and so on.

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Mahindra & Mahindra R&D Manager Salaries

Mahindra & Mahindra R&D Manager salary in India ranges between ₹23 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.