Mahindra & Mahindra Senior Manager Product Development Salaries by 4 Employees (Updated 2025)

13 - 17 years exp.

₹30 Lakhs - ₹39 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Senior Manager Product Development Salary in Automobile Companies for 13 - 17 years of experience

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Last Updated: 27 Mar 2023

Companies similar to Mahindra & Mahindra for Senior Manager Product Development

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior Manager Product Development Salary 3 - 12 years exp. (10 salaries)	₹8 L/yr - ₹18 L/yr 57% less
Ashok Leyland Senior Manager Product Development Salary 9 - 17 years exp. (18 salaries)	₹14 L/yr - ₹22 L/yr 40% less
Login to view exact salary
Escorts Kubota Limited Senior Manager Product Development Salary 13 - 16 years exp. (4 salaries)	₹19.4 L/yr - ₹25 L/yr 28% less
Volvo Senior Manager Product Development Salary 9 - 13 years exp. (4 salaries)	₹15.5 L/yr - ₹20.3 L/yr 42% less
Daimler India Commercial Vehicles Senior Manager Product Development Salary 10 - 12 years exp. (3 salaries)	₹15.2 L/yr - ₹16 L/yr 50% less

Senior Manager Product Development salary at Mahindra & Mahindra ranges between ₹30 Lakhs to ₹39 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Senior Manager Product Development salaries

Last Updated: 27 Mar 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹30 L/yr
Login to view exact salary
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹39 L/yr

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Salary related reviews for Mahindra & Mahindra

3.4

Rated by 2 employees for salary & benefits

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 Senior Manager Product Development Salary FAQs

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

Senior Manager Product Development salary at Mahindra & Mahindra in India ranges between ₹30.0 Lakhs to ₹39.0 Lakhs for experience between 13 years to 17 years. According to our estimates it is 10% more than the average Senior Manager Product Development Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.

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

The average salary of a Senior Manager Product Development at Mahindra & Mahindra is 10% more than the average salary of a Senior Manager Product Development in India. To know exact salary insights, login to view.

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

Escorts Kubota Limited Senior Manager Product Development Salary - ₹19.4 Lakhs to ₹25.0 Lakhs per year
Ashok Leyland Senior Manager Product Development Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
Volvo Senior Manager Product Development Salary - ₹15.5 Lakhs to ₹20.3 Lakhs per year
Daimler India Commercial Vehicles Senior Manager Product Development Salary - ₹15.2 Lakhs to ₹16.0 Lakhs per year
Tata Motors Senior Manager Product Development Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Product Development at Mahindra & Mahindra ranges between ₹1,89,512 per month to ₹1,96,944 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Senior Manager Product Development salary in India which ranges between ₹30.0 Lakhs to ₹39.0 Lakhs per year for employees with experience between 13 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra & Mahindra Senior Manager Product Developments reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra & Mahindra Senior Manager Product Development Salaries

Mahindra & Mahindra Senior Manager Product Development salary in India ranges between ₹30 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.