Mahindra Automotives Chennai Manager new Product Development Salaries by 2 Employees (Updated 2025)

13 - 14 years exp.

₹15.6 Lakhs - ₹19.9 Lakhs

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Last Updated: 20 Feb 2025

Companies similar to Mahindra Automotives for Manager new Product Development in Chennai

Mahindra Automotives Manager new Product Development Salary

13 - 14 years exp. (AmbitionBox Estimate)

₹15.6 L/yr - ₹19.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Royal Enfield Manager new Product Development Salary 12 - 15 years exp. (4 salaries)	₹21.3 L/yr - ₹27.5 L/yr 37% more
Ford Motor Manager new Product Development Salary 15 - 21 years exp. (3 salaries)	₹30 L/yr - ₹43.5 L/yr 96% more
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ZF Commercial Vehicle Control Systems Manager new Product Development Salary 20 - 22 years exp. (4 salaries)	₹12.9 L/yr - ₹24.5 L/yr 14% more
Vaya Life Manager new Product Development Salary 8 - 11 years exp. (4 salaries)	₹12.5 L/yr - ₹20 L/yr 1% less

Manager new Product Development salary at Mahindra Automotives ranges between ₹15.6 Lakhs to ₹19.9 Lakhs per year for employees with experience between 13 years to 14 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Automotives .

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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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 Chennai?

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

Experience	Average Salary Range
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 in Chennai

Mahindra Automotives Manager new Product Development salary in Chennai ranges between ₹15.6 Lakhs to ₹19.9 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Automotives .