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Mahindra Construction Equipment

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4.4

based on 54 Reviews

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Mahindra Construction Equipment Assistant Manager Product Development salaries in India

Annual salary range
3 - 6 years exp.
₹4.8 Lakhs - ₹10.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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5% less than the average Assistant Manager Product Development Salary in Engineering & Construction Companies for 3 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA
Assistant Manager Product Development Salary
4 - 6 years exp. (3 salaries)
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₹8.8 L/yr - ₹10.3 L/yr

Research & Development
Assistant Manager Product Development Salary
3 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 3 Nov 2023

Companies similar to Mahindra Construction Equipment for Assistant Manager Product Development

Company name Avg Annual Salary Open Jobs
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SYSKA LED Lights Assistant Manager Product Development Salary

1 - 8 years exp. (7 salaries)
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₹5.2 L/yr - ₹8.5 L/yr

arrow icon 1% less
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Ashok Leyland Assistant Manager Product Development Salary

6 - 15 years exp. (7 salaries)
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₹6.8 L/yr - ₹9.5 L/yr

arrow icon 12% more
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TVS Sundram Fasteners Assistant Manager Product Development Salary

3 - 17 years exp. (7 salaries)
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₹5.8 L/yr - ₹9.5 L/yr

arrow icon 3% more
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Yokohama Off-Highway Tires Assistant Manager Product Development Salary

3 - 6 years exp. (7 salaries)
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₹4.7 L/yr - ₹7.5 L/yr

arrow icon 23% less
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Bata Assistant Manager Product Development Salary

2 - 12 years exp. (6 salaries)
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₹5 L/yr - ₹8.3 L/yr

arrow icon 15% less
Assistant Manager Product Development salary at Mahindra Construction Equipment ranges between ₹4.8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Construction Equipment.

Latest annual salaries shared by Mahindra Construction Equipment Assistant Manager Product Development

1y ago
₹10.3 Lakhs
6 years exp.
1y ago
₹8.8 Lakhs
5 years exp.
1y ago
₹8.8 Lakhs
4 years exp.
1y ago
₹4.8 Lakhs
3 years exp.

Experience wise Mahindra Construction Equipment Assistant Manager Product Development salaries

Last Updated: 3 Nov 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr

Similar Designation salaries in Mahindra Construction Equipment

Deputy Manager Product Development Salary
(3 salaries)
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₹10.3 L/yr - ₹11 L/yr
Design Manager Salary
(3 salaries)
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₹20 L/yr - ₹20.5 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Assistant Manager Design & Development Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Assistant Manager Design Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Design & Development Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Mahindra Construction Equipment

Product Development Manager in Pune

CE Department

5.0
  •  posted on 26 Nov 2021
5.0
 for  Salary and Benefits

Likes

...of Mahindra, Mahindra brand is plus thing, It is very employee friendly company. They care about personal growth, ok Salary Hike, challenging work with full ownership, Flexible about work *but depends upon whom you are reporting to..

read more
  • Salary - Excellent
    • +3 more

Dislikes

Specific to MCE it is bit struggling business, There are certain problems with top management, process and systematic approach is lagging.

read more

Deputy Manager in Ahmedabad

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 08 Jul 2023
5.0
 for  Salary and Benefits

Likes

Work culture, support of seniors, appreciate the work you have done and also guide you where and when required.

  • Salary - Excellent
    • +6 more

Dislikes

Appraisal process in the month of August instead of April Or May. And Children and Parents insurance is not covered.

Manager in Pune

Full Time

 · 

Research & Development Department

4.0
  •  posted on 17 Jul 2022
3.0
 for  Salary and Benefits

Likes

Company policies are good, job security

  • Job security - Good
    • +2 more

Dislikes

It’s a single man decision , he is like dictator. No action even though many employees complained about the senior management. No new project . Appraisal according there wish.

read more
  • Skill development - Poor
    • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Mahindra Construction Equipment Assistant Manager Product Development Salary FAQs

What is the salary of Assistant Manager Product Development at Mahindra Construction Equipment ?
The average salary of a Assistant Manager Product Development at Mahindra Construction Equipment in India typically ranges from ₹4.8 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Assistant Manager Product Development at Mahindra Construction Equipment earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Assistant Manager Product Development Salaries at Mahindra Construction Equipment 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 4 Mahindra Construction Equipment employees in India.
What is the estimated take home salary of a Assistant Manager Product Development at Mahindra Construction Equipment in India?
The estimated take-home salary of a Assistant Manager Product Development at Mahindra Construction Equipment in India typically ranges from ₹56,045 to ₹57,450 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 salaries received from various employees of Mahindra Construction Equipment. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Construction Equipment for Assistant Manager Product Development in India?
Ashok Leyland ₹6.8 Lakhs to ₹9.5 Lakhs per year
TVS Sundram Fasteners ₹5.8 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Construction Equipment, depending on the role and experience level.
What is the salary of a Assistant Manager Product Development in companies similar to Mahindra Construction Equipment in India?
The salary of a Assistant Manager Product Development at companies similar to Mahindra Construction Equipment in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SYSKA LED Lights ₹5.2 Lakhs to ₹8.5 Lakhs per year
Bata ₹5.0 Lakhs to ₹8.3 Lakhs per year
Yokohama Off-Highway Tires ₹4.7 Lakhs to ₹7.5 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 Assistant Manager Product Development at Mahindra Construction Equipment in India?
The salary growth for a Assistant Manager Product Development at Mahindra Construction Equipment depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Product Development can expect the following growth trajectory at Mahindra Construction Equipment:

Experience Average Salary Range
3 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
4 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
5 years ₹7.6 Lakhs to ₹9.7 Lakhs per year
6 years ₹9.2 Lakhs to ₹11.7 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Construction Equipment Assistant Manager Product Development salary in India ranges between ₹4.8 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Construction Equipment latest salaries received from various employees of Mahindra Construction Equipment.