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Mahindra Truck and Bus Program Manager salaries in India (Updated 2025)

Annual salary range
2 - 13 years exp.
₹2.9 Lakhs - ₹10.8 Lakhs
Salary of majority employees
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68% less than the average Program Manager Salary in Automobile Companies for 2 - 13 years of experience

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Salaries in different departments

Project & Program Management
Program Manager Salary
2 - 13 years exp. (10 salaries)
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₹2.9 L/yr - ₹11.4 L/yr

Research & Development
Program Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹9.8 L/yr

Last Updated: 15 Mar 2025

Companies similar to Mahindra Truck and Bus for Program Manager

Company name Avg Annual Salary Open Jobs
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Ola Electric Mobility Program Manager Salary

2 - 10 years exp. (107 salaries)

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₹12 L/yr - ₹41 L/yr

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Mahindra & Mahindra Program Manager Salary

6 - 16 years exp. (89 salaries)

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₹9.7 L/yr - ₹30 L/yr

arrow icon 147% more
1 job opening
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Hero MotoCorp Program Manager Salary

4 - 12 years exp. (57 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 135% more
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Tata Motors Program Manager Salary

1 - 17 years exp. (47 salaries)

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₹8.5 L/yr - ₹25.4 L/yr

arrow icon 103% more
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Maruti Suzuki Program Manager Salary

4 - 11 years exp. (26 salaries)

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₹15 L/yr - ₹32 L/yr

arrow icon 213% more
11 job openings
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Ford Motor Program Manager Salary

7 - 20 years exp. (22 salaries)

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₹11 L/yr - ₹46.5 L/yr

arrow icon 248% more
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Hero Motors Company Program Manager Salary

1 - 13 years exp. (18 salaries)

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₹9 L/yr - ₹20 L/yr

arrow icon 77% more
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Bajaj Auto Program Manager Salary

2 - 10 years exp. (14 salaries)

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₹14.2 L/yr - ₹36 L/yr

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₹17 L/yr - ₹37.1 L/yr

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Mahindra Automotives Program Manager Salary

6 - 16 years exp. (13 salaries)

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₹13.3 L/yr - ₹20 L/yr

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Ashok Leyland Program Manager Salary

3 - 13 years exp. (12 salaries)

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₹6 L/yr - ₹17.9 L/yr

arrow icon 60% more
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TVS Motor Program Manager Salary

3 - 18 years exp. (12 salaries)

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₹8.1 L/yr - ₹23.7 L/yr

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VE Commercial Vehicles Program Manager Salary

4 - 16 years exp. (8 salaries)

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₹9.7 L/yr - ₹22.5 L/yr

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Royal Enfield Program Manager Salary

11 - 19 years exp. (8 salaries)

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₹18.5 L/yr - ₹34.1 L/yr

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Escorts Kubota Limited Program Manager Salary

12 - 23 years exp. (8 salaries)

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₹14.9 L/yr - ₹26 L/yr

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MG Motor Program Manager Salary

5 - 15 years exp. (7 salaries)

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₹10 L/yr - ₹22.5 L/yr

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Force Motors Program Manager Salary

4 - 10 years exp. (5 salaries)

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₹5.5 L/yr - ₹18.2 L/yr

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₹14 L/yr - ₹39 L/yr

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Toyota Kirloskar Motor Program Manager Salary

10 - 15 years exp. (4 salaries)

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₹20 L/yr - ₹40 L/yr

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₹15 L/yr - ₹18 L/yr

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View all
Program Manager salary at Mahindra Truck and Bus ranges between ₹2.9 Lakhs to ₹10.8 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Truck and Bus.

Latest annual salaries shared by Mahindra Truck and Bus Program Manager

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Experience wise Mahindra Truck and Bus Program Manager salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹2.9 L/yr - ₹9.4 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹10.9 L/yr
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.4 L/yr
View all

Similar Designation salaries in Mahindra Truck and Bus

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₹5.5 L/yr - ₹8.5 L/yr
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₹13 L/yr - ₹26.87 L/yr
Technical Program Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Salary related reviews for Mahindra Truck and Bus

4.5

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

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

read more
  • 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.

read more
  • Promotions - Poor
  • +1 more

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.

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Dislikes

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

  • Salary - Bad
  • +6 more

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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Good

Dislikes

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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Mahindra Truck and Bus Program Manager Salary FAQs

What is the salary of Program Manager at Mahindra Truck and Bus ?
The average salary of a Program Manager at Mahindra Truck and Bus in India typically ranges from ₹2.9 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Program Manager at Mahindra Truck and Bus earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Program Manager Salaries at Mahindra Truck and Bus 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 10+ Mahindra Truck and Bus employees in India.
What is the estimated take home salary of a Program Manager at Mahindra Truck and Bus in India?
The estimated take-home salary of a Program Manager at Mahindra Truck and Bus in India typically ranges from ₹55,601 to ₹56,993 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 2 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 10+ salaries received from various employees of Mahindra Truck and Bus. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Truck and Bus for Program Manager in India?
Daimler India Commercial Vehicles ₹14.0 Lakhs to ₹39.0 Lakhs per year
Renault Nissan Technology & Business Centre India ₹17.0 Lakhs to ₹37.1 Lakhs per year
Toyota Kirloskar Motor ₹20.0 Lakhs to ₹40.0 Lakhs per year
Bajaj Auto ₹14.2 Lakhs to ₹36.0 Lakhs per year
Ola Electric Mobility ₹12.0 Lakhs to ₹41.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Truck and Bus, depending on the role and experience level.
What is the salary of a Program Manager in companies similar to Mahindra Truck and Bus in India?
The salary of a Program Manager at companies similar to Mahindra Truck and Bus in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ford Motor ₹11.0 Lakhs to ₹46.5 Lakhs per year
Maruti Suzuki ₹15.0 Lakhs to ₹32.0 Lakhs per year
Royal Enfield ₹18.5 Lakhs to ₹34.1 Lakhs per year
TVS Motor ₹8.1 Lakhs to ₹23.7 Lakhs per year
Hyundai Motor India Limited ₹15.0 Lakhs to ₹23.0 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 Program Manager at Mahindra Truck and Bus in India?
The salary growth for a Program Manager at Mahindra Truck and Bus depends on factors such as experience, performance, and promotions. On average, a Program Manager can expect the following growth trajectory at Mahindra Truck and Bus:

Experience Average Salary Range
2 years ₹2.9 Lakhs to ₹9.4 Lakhs per year
3 years ₹4.2 Lakhs to ₹10.2 Lakhs per year
4 years ₹4.2 Lakhs to ₹10.9 Lakhs per year
5 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Truck and Bus Program Manager salary in India ranges between ₹2.9 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Mahindra Truck and Bus latest salaries received from various employees of Mahindra Truck and Bus.