Mahindra Truck and Bus Product Manager Salaries by 4 Employees (Updated 2024)

8 - 18 years exp.

₹13 Lakhs - ₹26.9 Lakhs

Salary of majority employees

21% less than the average Product Manager Salary in Automobile Companies for 8 - 18 years of experience

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Salaries in different departments

Research & Development Product Manager Salary 8 - 18 years exp. (3 salaries)	₹13 L/yr - ₹14 L/yr
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Sales & Business Development Product Manager Salary 12 years exp. (AmbitionBox Estimate)	₹24.2 L/yr - ₹29.6 L/yr

Last Updated: 14 Oct 2024

Companies similar to Mahindra Truck and Bus for Product Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Product Manager Salary 2 - 9 years exp. (29 salaries)	₹7.2 L/yr - ₹20.5 L/yr 8% less
Ashok Leyland Product Manager Salary 3 - 16 years exp. (16 salaries)	₹7.5 L/yr - ₹25 L/yr 14% less
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Eicher Motors Product Manager Salary 5 - 8 years exp. (3 salaries)	₹11 L/yr - ₹12.8 L/yr 29% less
Force Motors Product Manager Salary 1 - 12 years exp. (3 salaries)	₹4.3 L/yr - ₹15 L/yr 33% less
VE Commercial Vehicles Product Manager Salary 1 - 6 years exp. (17 salaries)	₹7 L/yr - ₹15 L/yr 32% less
MAN Truck & Bus Product Manager Salary 5 - 8 years exp. (3 salaries)	₹6.4 L/yr - ₹8.5 L/yr 57% less
Ford Motor Product Manager Salary 3 - 19 years exp. (120 salaries)	₹12.9 L/yr - ₹43.3 L/yr 83% more
Maruti Suzuki Product Manager Salary 2 - 11 years exp. (54 salaries)	₹9 L/yr - ₹27 L/yr 26% more	3 job openings
Mahindra & Mahindra Product Manager Salary 5 - 12 years exp. (50 salaries)	₹8.1 L/yr - ₹26.4 L/yr 8% more	1 job opening
Ola Electric Mobility Product Manager Salary 1 - 6 years exp. (35 salaries)	₹19 L/yr - ₹40 L/yr 58% more
Escorts Kubota Limited Product Manager Salary 1 - 11 years exp. (25 salaries)	₹5 L/yr - ₹16.5 L/yr 33% less
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TVS Motor Product Manager Salary 1 - 12 years exp. (23 salaries)	₹11 L/yr - ₹35 L/yr 37% more
Kia Motors Product Manager Salary 3 - 11 years exp. (16 salaries)	₹8 L/yr - ₹22.5 L/yr 3% less
Hero MotoCorp Product Manager Salary 7 - 12 years exp. (14 salaries)	₹16.3 L/yr - ₹34.8 L/yr 49% more
Bajaj Auto Product Manager Salary 3 - 14 years exp. (14 salaries)	₹18 L/yr - ₹37 L/yr 96% more	1 job opening
Royal Enfield Product Manager Salary 6 - 13 years exp. (11 salaries)	₹13.2 L/yr - ₹18 L/yr 1% less	4 job openings
Hyundai Motor India Limited Product Manager Salary 2 - 6 years exp. (9 salaries)	₹7.3 L/yr - ₹18.6 L/yr 26% less
Daimler India Commercial Vehicles Product Manager Salary 5 - 11 years exp. (7 salaries)	₹6.5 L/yr - ₹13 L/yr 34% less
Honda Motorcycle & Scooter Product Manager Salary 2 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹16.1 L/yr 28% less
Sonalika Tractors Product Manager Salary 2 - 14 years exp. (5 salaries)	₹9.5 L/yr - ₹17 L/yr 24% less

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Product Manager salary at Mahindra Truck and Bus ranges between ₹13 Lakhs to ₹26.9 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Truck and Bus.

Experience wise Mahindra Truck and Bus Product Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹31.4 L/yr
9 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
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10 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
11 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹26.9 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹30.5 L/yr
14 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
15+ years (AmbitionBox Estimate)	₹14 L/yr - ₹29.9 L/yr

View all

Similar Designation salaries in Mahindra Truck and Bus

Project Manager Salary

(4 salaries)

₹5.5 L/yr - ₹8.5 L/yr

Program Manager Salary

(14 salaries)

₹3.12 L/yr - ₹14 L/yr

Deputy Manager Salary

(48 salaries)

₹7.7 L/yr - ₹14.7 L/yr

Salary related reviews for Mahindra Truck and Bus

3.0

Rated by 1 employees for salary & benefits

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

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

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.

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

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.

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.

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.

Dislikes

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Truck and Bus Product Manager Salary FAQs

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

Product Manager salary at Mahindra Truck and Bus in India ranges between ₹13.0 Lakhs to ₹26.9 Lakhs for experience between 8 years to 18 years. According to our estimates it is 21% less than the average Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Truck and Bus India.

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

The average salary of a Product Manager at Mahindra Truck and Bus is 21% less than the average salary of a Product 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 Manager in India?

Bajaj Auto Product Manager Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
Ford Motor Product Manager Salary - ₹12.9 Lakhs to ₹43.3 Lakhs per year
Ola Electric Mobility Product Manager Salary - ₹19.0 Lakhs to ₹40.0 Lakhs per year
Hero MotoCorp Product Manager Salary - ₹16.3 Lakhs to ₹34.8 Lakhs per year
TVS Motor Product Manager Salary - ₹11.0 Lakhs to ₹35.0 Lakhs per year

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

Maruti Suzuki Product Manager Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year
Mahindra & Mahindra Product Manager Salary - ₹8.1 Lakhs to ₹26.4 Lakhs per year
Royal Enfield Product Manager Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
Kia Motors Product Manager Salary - ₹8.0 Lakhs to ₹22.5 Lakhs per year
Tata Motors Product Manager Salary - ₹7.2 Lakhs to ₹20.5 Lakhs per year

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

The estimated take-home salary of a Product Manager at Mahindra Truck and Bus ranges between ₹1,14,906 per month to ₹1,18,109 per month in India. The take-home salary calculation is based on the average Mahindra Truck and Bus Product Manager salary in India which ranges between ₹13.0 Lakhs to ₹26.9 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Mahindra Truck and Bus?

According to AmbitionBox, 75% of the Mahindra Truck and Bus Product Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Truck and Bus Product Manager Salaries

Mahindra Truck and Bus Product Manager salary in India ranges between ₹13 Lakhs to ₹26.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Truck and Bus latest salaries received from various employees of Mahindra Truck and Bus.