Mahindra Truck and Bus Product Manager Salaries by 4 Employees (Updated 2025)

8 - 18 years exp.

₹13 Lakhs - ₹26.9 Lakhs

Salary of majority employees

22% 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 - 10 years exp. (31 salaries)	₹7.2 L/yr - ₹20 L/yr 12% 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 2 - 12 years exp. (26 salaries)	₹5.7 L/yr - ₹18 L/yr 34% 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 6 - 21 years exp. (123 salaries)	₹13 L/yr - ₹45 L/yr 87% more
Mahindra & Mahindra Product Manager Salary 3 - 12 years exp. (58 salaries)	₹8 L/yr - ₹28 L/yr 6% more	2 job openings
Maruti Suzuki Product Manager Salary 2 - 11 years exp. (51 salaries)	₹9 L/yr - ₹27 L/yr 24% more	1 job opening
TVS Motor Product Manager Salary 1 - 15 years exp. (24 salaries)	₹11 L/yr - ₹35 L/yr 44% more
Hero MotoCorp Product Manager Salary 5 - 12 years exp. (16 salaries)	₹11.3 L/yr - ₹34.8 L/yr 51% more
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Bajaj Auto Product Manager Salary 3 - 14 years exp. (16 salaries)	₹18 L/yr - ₹40 L/yr 80% more
Kia Motors Product Manager Salary 3 - 11 years exp. (16 salaries)	₹8 L/yr - ₹22.5 L/yr 3% less
Royal Enfield Product Manager Salary 6 - 13 years exp. (12 salaries)	₹13.2 L/yr - ₹26 L/yr At par
Daimler India Commercial Vehicles Product Manager Salary 5 - 11 years exp. (7 salaries)	₹6.5 L/yr - ₹13 L/yr 40% less
Honda Motorcycle & Scooter Product Manager Salary 2 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹16.1 L/yr 28% less
Hyundai Motor India Limited Product Manager Salary 2 - 5 years exp. (5 salaries)	₹10 L/yr - ₹12.5 L/yr 28% less
Renault Nissan Technology & Business Centre India Product Manager Salary 5 - 10 years exp. (5 salaries)	₹7.5 L/yr - ₹23 L/yr 20% less
Mahindra Automotives Product Manager Salary 3 - 11 years exp. (5 salaries)	₹10 L/yr - ₹30 L/yr 17% more
Automotive Manufacturers Product Manager Salary 1 - 16 years exp. (4 salaries)	₹3.1 L/yr - ₹3.5 L/yr 80% 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

(43 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

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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Salary Discussions, Hike & Promotions

fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 22% 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 22% 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?

Ford Motor Product Manager Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
Bajaj Auto Product Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
Hero MotoCorp Product Manager Salary - ₹11.3 Lakhs to ₹34.8 Lakhs per year
TVS Motor Product Manager Salary - ₹11.0 Lakhs to ₹35.0 Lakhs per year
Maruti Suzuki Product Manager Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year

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

Mahindra Automotives Product Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
Volvo Product Manager Salary - ₹17.1 Lakhs to ₹31.3 Lakhs per year
Mahindra & Mahindra Product Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
Royal Enfield Product Manager Salary - ₹13.2 Lakhs to ₹26.0 Lakhs per year
Kia Motors Product Manager Salary - ₹8.0 Lakhs to ₹22.5 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.