Mahindra Automotives Manager new Product Development Salaries by 3 Employees (Updated 2025)

10 - 14 years exp.

₹17.3 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹16.5 Lakhs

Variable (9%)

₹1.7 Lakh

10% more than the average Manager new Product Development Salary in Automobile Companies for 10 - 14 years of experience

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Salaries in different departments

Procurement & Supply Chain Manager new Product Development Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹19 L/yr
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Research & Development Manager new Product Development Salary 10 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 20 Feb 2025

Companies similar to Mahindra Automotives for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Manager new Product Development Salary 13 - 20 years exp. (7 salaries)	₹15.5 L/yr - ₹35 L/yr 49% more
Ashok Leyland Manager new Product Development Salary 2 - 10 years exp. (6 salaries)	₹12 L/yr - ₹18.5 L/yr 14% less
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Maruti Suzuki Manager new Product Development Salary 9 - 11 years exp. (6 salaries)	₹17 L/yr - ₹34.4 L/yr 47% more	2 job openings
VE Commercial Vehicles Manager new Product Development Salary 14 - 19 years exp. (5 salaries)	₹20 L/yr - ₹24 L/yr 21% more
Tata Motors Manager new Product Development Salary 4 - 14 years exp. (5 salaries)	₹7.7 L/yr - ₹22 L/yr 24% less
TVS Motor Manager new Product Development Salary 12 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹18.6 L/yr 4% less
Royal Enfield Manager new Product Development Salary 12 - 15 years exp. (4 salaries)	₹21.3 L/yr - ₹27.5 L/yr 34% more
Bajaj Auto Manager new Product Development Salary 11 - 21 years exp. (4 salaries)	₹24 L/yr - ₹34 L/yr 58% more
Ford Motor Manager new Product Development Salary 15 - 21 years exp. (3 salaries)	₹30 L/yr - ₹43.5 L/yr 92% more

Manager new Product Development salary at Mahindra Automotives ranges between ₹17.3 Lakhs to ₹20 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Automotives .

Experience wise Mahindra Automotives Manager new Product Development salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
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14 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr

Similar Designation salaries in Mahindra Automotives

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Graduate Apprentice Trainee Salary

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₹4.2 L/yr - ₹5.4 L/yr

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₹10 L/yr - ₹10 L/yr

Product Development Engineer Salary

(5 salaries)

₹6.5 L/yr - ₹8 L/yr

Engine Testing Engineer Salary

(4 salaries)

₹3.8 L/yr - ₹4.3 L/yr

Deputy Manager Process Salary

(4 salaries)

₹11.5 L/yr - ₹12 L/yr

Calibration Engineer Salary

(4 salaries)

₹4 L/yr - ₹12 L/yr

Salary related reviews for Mahindra Automotives

Diploma Apprenticeship Assistant in Haridwar

Full Time

Engineering - Software & QA Department

5.0

• posted on 27 Mar 2025

5.0

for Salary and Benefits

Likes

Employees often mention the good job security and opportunities for career advancement within the company. A good work-life balance, though this may vary depending on the specific department or role. Mahindra is a good place to learn and explore new things.

Salary - Excellent

+6 more

Dislikes

Some employees mention that the salary is low compared to the workload and expectations.

Automobile Service Engineer in Arrah

Contractual

Customer Success, Service & Operations Department

4.0

• posted on 19 May 2023

2.0

for Salary and Benefits

Likes

So I like I am an sarvice engineer. And it is very good post. In sarvice centre. I I leading two team technician. My work profile is diagnosis is vehicle by computer..and other critical technical work..

Skill development - Excellent

+3 more

Dislikes

Not good salary. And not pey time to time. And not job security.

Salary - Poor

+2 more

Graduate Trainee in Pimpri-Chinchwad

Assembly Department

5.0

• posted on 06 Jun 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Team Leaders Are Supportive and the management is transparent . Company policy is good

Skill development - Excellent

+2 more

Dislikes

There is a lot of politics and the management doesn't adress our issues. Salary not decent and carrer growth is very slow. I worked on 3 years . There is a bond of 2 years and 6 months before which cannot resign on the job training is not given to new joinees and opportunities

Promotions - Poor

Manager- Customer Care (Technical Training) in Pune

Other Department

5.0

• posted on 07 Jun 2021

5.0

for Salary and Benefits

Likes

... private sector. If, someone's 10.00 lacs per annum CTC, the person will get 10.01 lacs as a gross salary.

Salary - Excellent

+6 more

Dislikes

I'm one of the highly satisfied employee of this group.

After Sales Manager in Mumbai

Other Department

3.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

Freedom to take decision and support from managers for those decisions is the best thing available at organisation. Also no attendance punching policy is best, as it shows trust on employees.

Dislikes

No career growth. Poor compensation parity and policy both. No work life balance.

Salary - Poor

+3 more

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Mahindra Automotives Manager new Product Development Salary FAQs

How the salary growth look like for a Manager new Product Development at Mahindra Automotives in India?

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

Experience	Average Salary Range
10 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
13 years	₹15.6 Lakhs to ₹19.9 Lakhs per year
14 years	₹15.6 Lakhs to ₹19.9 Lakhs per year

and so on.

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Mahindra Automotives Manager new Product Development Salaries

Mahindra Automotives Manager new Product Development salary in India ranges between ₹17.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Automotives latest salaries received from various employees of Mahindra Automotives .