Mahindra Truck and Bus Product Development Manager Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹9 Lakhs - ₹16.7 Lakhs

Salary of majority employees

34% less than the average Product Development Manager Salary in Automobile Companies for 5 - 12 years of experience

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Last Updated: 23 Mar 2023

Companies similar to Mahindra Truck and Bus for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Product Development Manager Salary 3 - 10 years exp. (4 salaries)	₹8 L/yr - ₹10.1 L/yr 35% less
Ashok Leyland Product Development Manager Salary 8 - 16 years exp. (15 salaries)	₹8.8 L/yr - ₹17.7 L/yr 16% less
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Force Motors Product Development Manager Salary 12 - 14 years exp. (4 salaries)	₹14.3 L/yr - ₹20.4 L/yr 28% more
VE Commercial Vehicles Product Development Manager Salary 15 - 20 years exp. (5 salaries)	₹15 L/yr - ₹18.4 L/yr 20% more
Ford Motor Product Development Manager Salary 15 - 19 years exp. (16 salaries)	₹25.5 L/yr - ₹47.3 L/yr 173% more
Mahindra & Mahindra Product Development Manager Salary 6 - 24 years exp. (15 salaries)	₹12.8 L/yr - ₹28.2 L/yr 30% more
Daimler India Commercial Vehicles Product Development Manager Salary 5 - 14 years exp. (7 salaries)	₹6.6 L/yr - ₹11 L/yr 38% less
Maruti Suzuki Product Development Manager Salary 9 - 14 years exp. (5 salaries)	₹22 L/yr - ₹32 L/yr 85% more
Royal Enfield Product Development Manager Salary 16 - 18 years exp. (4 salaries)	₹15.1 L/yr - ₹25.4 L/yr 40% more
Bajaj Auto Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹12.1 L/yr - ₹26 L/yr 10% more
Hyundai Motor India Limited Product Development Manager Salary 12 - 14 years exp. (3 salaries)	₹9.2 L/yr - ₹11.8 L/yr 28% less
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Product Development Manager salary at Mahindra Truck and Bus ranges between ₹9 Lakhs to ₹16.7 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Truck and Bus.

Experience wise Mahindra Truck and Bus Product Development Manager salaries

Last Updated: 23 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
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7 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.6 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹16.6 L/yr
9 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
10 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
11 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
12 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹27 L/yr

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Salary related reviews for Mahindra Truck and Bus

Sales Executive in Agra

Full Time

Sales & Business Development Department

3.0

• posted on 26 Jul 2023

3.0

for Salary and Benefits

Likes

Working at Mahindra truck and Bus is Good

Skill development - Good

Dislikes

... Extra leave except sunday No Festival leave except Holi/Deewali/ Rakshabandhan My salary cut even Eid holiday/ Eid ul adha day No worry about your Casualty etc etc. Dealership will cut your salary if you leave

Job security - Poor

+3 more

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

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Mahindra Truck and Bus Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Mahindra Truck and Bus?

Product Development Manager salary at Mahindra Truck and Bus in India ranges between ₹9.0 Lakhs to ₹16.7 Lakhs for experience between 5 years to 12 years. According to our estimates it is 34% less than the average Product Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Truck and Bus India.

How does the salary of a Product Development Manager at Mahindra Truck and Bus India compare with the average salary range for this job?

The average salary of a Product Development Manager at Mahindra Truck and Bus is 34% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Truck and Bus to a Product Development Manager in India?

Ford Motor Product Development Manager Salary - ₹25.5 Lakhs to ₹47.3 Lakhs per year
Maruti Suzuki Product Development Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year
Royal Enfield Product Development Manager Salary - ₹15.1 Lakhs to ₹25.4 Lakhs per year
Mahindra & Mahindra Product Development Manager Salary - ₹12.8 Lakhs to ₹28.2 Lakhs per year
Force Motors Product Development Manager Salary - ₹14.3 Lakhs to ₹20.4 Lakhs per year

What is the salary of a Product Development Manager in companies similar to Mahindra Truck and Bus in India?

VE Commercial Vehicles Product Development Manager Salary - ₹15.0 Lakhs to ₹18.4 Lakhs per year
Bajaj Auto Product Development Manager Salary - ₹12.1 Lakhs to ₹26.0 Lakhs per year
Ashok Leyland Product Development Manager Salary - ₹8.8 Lakhs to ₹17.7 Lakhs per year
Hyundai Motor India Limited Product Development Manager Salary - ₹9.2 Lakhs to ₹11.8 Lakhs per year
Tata Motors Product Development Manager Salary - ₹8.0 Lakhs to ₹10.1 Lakhs per year

What is the estimated take home salary of a Product Development Manager at Mahindra Truck and Bus in India?

The estimated take-home salary of a Product Development Manager at Mahindra Truck and Bus ranges between ₹98,933 per month to ₹1,01,620 per month in India. The take-home salary calculation is based on the average Mahindra Truck and Bus Product Development Manager salary in India which ranges between ₹9.0 Lakhs to ₹16.7 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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Mahindra Truck and Bus Product Development Manager Salaries

Mahindra Truck and Bus Product Development Manager salary in India ranges between ₹9 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Truck and Bus latest salaries received from various employees of Mahindra Truck and Bus.

Mahindra Truck and Bus Product Development Manager salaries in India

Companies similar to Mahindra Truck and Bus for Product Development Manager

Latest annual salaries shared by Mahindra Truck and Bus Product Development Manager

Experience wise Mahindra Truck and Bus Product Development Manager salaries

Similar Designation salaries in Mahindra Truck and Bus

Salary related reviews for Mahindra Truck and Bus

Sales Executive in Agra

Customer Service Manager in Jaipur

Sr. Manager - Technical Project Leader in Pune

Area Sales Manager in Jaipur

Manager in Pune

Mahindra Truck and Bus Product Development Manager Salary FAQs

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