Mahindra Defence Systems Project Manager Salaries by 9 Employees (Updated 2025)

9 - 13 years exp.

₹7.3 Lakhs - ₹19.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

28% less than the average Project Manager Salary in Defence & Aerospace Companies for 9 - 13 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 9 - 13 years exp. (7 salaries)	₹13.5 L/yr - ₹19.2 L/yr
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UX, Design & Architecture Project Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹12.2 L/yr

Last Updated: 14 Mar 2025

Companies similar to Mahindra Defence Systems for Project Manager

Company name	Avg Annual Salary	Open Jobs
GE Project Manager Salary 9 - 20 years exp. (55 salaries)	₹11 L/yr - ₹38 L/yr 68% more
Indian Air Force Project Manager Salary 9 - 20 years exp. (20 salaries)	₹9.8 L/yr - ₹40 L/yr 91% more
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Indian Army Project Manager Salary 5 - 23 years exp. (16 salaries)	₹16 L/yr - ₹40 L/yr 129% more
Nucon Aerospace Project Manager Salary 9 - 18 years exp. (7 salaries)	₹4.8 L/yr - ₹15.8 L/yr 25% less
Asteria Aerospace Project Manager Salary 3 - 6 years exp. (6 salaries)	₹7 L/yr - ₹18 L/yr 18% less
Alpha Design Technologies Project Manager Salary 0 - 19 years exp. (6 salaries)	₹5.9 L/yr - ₹7.7 L/yr 46% less
Asaco Project Manager Salary 5 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹6.3 L/yr 59% less
Paras Defence & Space Technologies Project Manager Salary 4 - 18 years exp. (5 salaries)	₹7.8 L/yr - ₹15.5 L/yr 11% less
MKU Project Manager Salary 5 - 18 years exp. (4 salaries)	₹6 L/yr - ₹14.4 L/yr 28% less
Rossell Techsys Project Manager Salary 12 - 18 years exp. (4 salaries)	₹16 L/yr - ₹25 L/yr 61% more

Project Manager salary at Mahindra Defence Systems ranges between ₹7.3 Lakhs to ₹19.2 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Defence Systems.

Experience wise Mahindra Defence Systems Project Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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11 years (3 salaries)	₹7.3 L/yr - ₹16 L/yr
12 years (3 salaries)	₹7.3 L/yr - ₹16.2 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹19.2 L/yr

Similar Designation salaries in Mahindra Defence Systems

Program Manager Salary

(4 salaries)

₹15.15 L/yr - ₹16.45 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Lead Consultant Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Associate Consultant Salary

(24 salaries)

₹4.5 L/yr - ₹12.75 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Salary related reviews for Mahindra Defence Systems

5.0

Rated by 2 employees for salary & benefits

Production Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 28 Jan 2025

3.0

for Salary and Benefits

Likes

On-time Salary

Dislikes

No work life balance. Manager don't support. No hierarchy in Departmental structure. No helping hands. Unnecessary stress due to false urgencies created by superiors. Old 1947 Style work culture. No team work. Managers wants everything readymade.

Skill development - Poor

+4 more

Operations Executive in Kota

Full Time

IT & Information Security Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which you cannot resign. On the job training is not given to new joinees

Design Engineer in Pune

Full Time

Project & Program Management Department

1.0

• posted on 30 Jun 2023

2.0

for Salary and Benefits

Likes

Good medical policies.

Job security - Excellent

Dislikes

Poor top management. Corporate politics No leaders to guide juniors. They ask you to join on FTC ( Fixed Term Contract) on Mahindras pay role which is a trap. Don’t fall prey to it. Later on they make you struggle to get on-roll. And if you have a sting reference then they will directly take you on roll. 1 year fixed term contract is extended for 3-4 years. Be cautious.

Salary - Poor

+5 more

Junior Engineer in Lucknow

Full Time

Engineering - Hardware & Networks Department

4.0

• posted on 03 Aug 2018

3.0

for Salary and Benefits

Likes

...and itself 2 month traning have in this organzation but job security little bit. in my experience career growth is average salary is constact till now. learning lots work environment is very good like work with team mates veri supportive and treating like as family and work come first rull.

Skill development - Good

+3 more

Dislikes

no any dislike at this organization but i want to switch the job.

Senior Manager QA in Pune

Full Time

Quality Assurance Department

2.0

• posted on 25 Apr 2023

3.0

for Salary and Benefits

Likes

Big Brand Name Only

Dislikes

Mahindra Have Good HR Policy but Plant HR Poor Implement in plant, CEO is Tribble and Miss use of his position and CEO Involve in Land Dealing scam and Concrete road in Chimbali land.

Job security - Bad

+4 more

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Salary Discussions, Hike & Promotions

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 Defence Systems Project Manager Salary FAQs

What is the salary of Project Manager at Mahindra Defence Systems ?

The average salary of a Project Manager at Mahindra Defence Systems in India typically ranges from ₹7.3 Lakhs to ₹19.2 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Project Manager at Mahindra Defence Systems earn more than ₹18.7 Lakhs per year, and the top 1% earn over ₹19.2 Lakhs per year. Project Manager Salaries at Mahindra Defence Systems 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 9 Mahindra Defence Systems employees in India.

What is the estimated take home salary of a Project Manager at Mahindra Defence Systems in India?

The estimated take-home salary of a Project Manager at Mahindra Defence Systems in India typically ranges from ₹89,304 to ₹91,650 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹19.2 Lakhs per year for employees with experience ranging from 9 years to 13 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 9 salaries received from various employees of Mahindra Defence Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Defence Systems for Project Manager in India?

Indian Army	₹16.0 Lakhs to ₹40.0 Lakhs per year
Indian Air Force	₹9.8 Lakhs to ₹40.0 Lakhs per year
GE	₹11.0 Lakhs to ₹38.0 Lakhs per year
Rossell Techsys	₹16.0 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Defence Systems, depending on the role and experience level.

What is the salary of a Project Manager in companies similar to Mahindra Defence Systems in India?

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

Paras Defence & Space Technologies	₹7.8 Lakhs to ₹15.5 Lakhs per year
Asteria Aerospace	₹7.0 Lakhs to ₹18.0 Lakhs per year
Nucon Aerospace	₹4.8 Lakhs to ₹15.8 Lakhs per year
MKU	₹6.0 Lakhs to ₹14.4 Lakhs per year
Alpha Design Technologies	₹5.9 Lakhs to ₹7.7 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 Project Manager at Mahindra Defence Systems in India?

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

Experience	Average Salary Range
9 years	₹4.9 Lakhs to ₹13.5 Lakhs per year
10 years	₹11.3 Lakhs to ₹14.5 Lakhs per year
11 years	₹7.3 Lakhs to ₹16.0 Lakhs per year
12 years	₹7.3 Lakhs to ₹16.2 Lakhs per year

and so on.

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Mahindra Defence Systems Project Manager Salaries

Mahindra Defence Systems Project Manager salary in India ranges between ₹7.3 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra Defence Systems latest salaries received from various employees of Mahindra Defence Systems.