Mahindra Truck and Bus Product Development Lead Salaries by 2 Employees (Updated 2025)

6 - 8 years exp.

₹5.9 Lakhs - ₹7.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 8 Mar 2025

Companies similar to Mahindra Truck and Bus for Product Development Lead

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Product Development Lead salary at Mahindra Truck and Bus ranges between ₹5.9 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Truck and Bus.

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Salary related reviews for Mahindra Truck and Bus

Customer Service Manager in Jaipur

Other Department

4.0

• posted on 21 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture, team is very supportive and management is transparent, company policies are good, salary ,hike ,bonus as per mark to market.

Salary - Good

+6 more

Dislikes

People are judging with their assumption....middle management specially.

Sr. Manager - Technical Project Leader in Pune

Other Department

3.0

• posted on 21 Aug 2019

4.0

for Salary and Benefits

Likes

Since it is a big conglomerate, learning opportunities are abundant. Compensation is at par with market toppers

Salary - Good

+2 more

Dislikes

Culture & HR-worst. It is not system driven, it is always and I say always person driven, according to their mood & need. Even HR works for those who are in key position. HR really don't know what is employee care in-terms of development, opportunity for growth, facilities etc, keep aside regular interaction.

Promotions - Poor

+1 more

Area Sales Manager in Jaipur

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Norhing - Wrost company in india, Kindly don't join to this company. All the cheap people from top to bottom are in this company. Except for company work all people doing politics. These company's people will spoil your career too if you are joined.

Dislikes

Bad management, cheap seniors, lots of politics, no career growth, career degrowth.

Salary - Bad

+6 more

Manager in Pune

Full Time

Media Production & Entertainment Department

4.0

• posted on 25 Oct 2024

3.0

for Salary and Benefits

Likes

Same treatment for all employees, Equality, Good for Female employees, Job security.

Job security - Good

+1 more

Dislikes

Too to bottom driven organisation, Very less they listen to lower management . They doesn't take risk. Slow growth of competitive employees.

Promotions - Poor

DEP Manager, Sales in Nagpur

Full Time

Sales & Business Development Department

1.0

• posted on 30 Dec 2022

4.0

for Salary and Benefits

Likes

It all depend on Boses,if you get good seniors then its best.Otherwise it is bunch of crazy people yelling at each other.

Salary - Good

Dislikes

Too many reports Worthless meetings Dealership working according to their own policies No seniors understand the ground reality

Skill development - Bad

+4 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 Truck and Bus Product Development Lead Salary FAQs

How the salary growth look like for a Product Development Lead at Mahindra Truck and Bus in India?

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

Experience	Average Salary Range
6 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
8 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Mahindra Truck and Bus Product Development Lead Salaries

Mahindra Truck and Bus Product Development Lead salary in India ranges between ₹5.9 Lakhs to ₹7.5 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Truck and Bus.