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Marico Product Manager salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹16.1 Lakhs - ₹30 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (85%)
₹23 Lakhs
Variable (15%)
₹4.0 Lakhs
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25% more than the average Product Manager Salary in FMCG Companies for 0 - 7 years of experience

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Salaries in different departments

Data Science & Analytics
Product Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹26.1 L/yr - ₹31.9 L/yr

Product Management
Product Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹33 L/yr

Project & Program Management
Product Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹23 L/yr - ₹28.1 L/yr

Last Updated: 21 Feb 2025

Companies similar to Marico for Product Manager

Company name Avg Annual Salary Open Jobs
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Dabur Product Manager Salary

1 - 4 years exp. (16 salaries)

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₹22.5 L/yr - ₹33 L/yr

arrow icon 8% more
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Hindustan Unilever Product Manager Salary

3 - 11 years exp. (49 salaries)

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₹17 L/yr - ₹42 L/yr

arrow icon 8% more
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Britannia Product Manager Salary

3 - 8 years exp. (28 salaries)

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₹20 L/yr - ₹35 L/yr

At par
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Nestle Product Manager Salary

0 - 12 years exp. (3 salaries)

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₹20 L/yr - ₹55 L/yr

arrow icon 23% more
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ITC Product Manager Salary

2 - 5 years exp. (12 salaries)

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₹25 L/yr - ₹42.5 L/yr

arrow icon 10% more
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Colgate Palmolive Product Manager Salary

0 - 13 years exp. (4 salaries)

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₹7 L/yr - ₹22 L/yr

arrow icon 38% less
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Procter & Gamble Product Manager Salary

0 - 5 years exp. (10 salaries)

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₹14 L/yr - ₹28 L/yr

arrow icon 12% less
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Emami Product Manager Salary

3 - 4 years exp. (4 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 37% less
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₹7.8 L/yr - ₹33 L/yr

arrow icon 29% less
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Parle Products Product Manager Salary

9 - 16 years exp. (15 salaries)

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₹14 L/yr - ₹35.5 L/yr

arrow icon 7% less
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Reckitt Benckiser Product Manager Salary

4 - 16 years exp. (9 salaries)

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₹17 L/yr - ₹35 L/yr

arrow icon 8% more
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Adani Wilmar Product Manager Salary

4 - 15 years exp. (7 salaries)

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₹12 L/yr - ₹29 L/yr

arrow icon 29% less
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Wipro Enterprises Ltd Product Manager Salary

5 - 15 years exp. (5 salaries)

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₹11.6 L/yr - ₹40 L/yr

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2 job openings
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Cavinkare Product Manager Salary

1 - 9 years exp. (4 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 54% less
Product Manager salary at Marico ranges between ₹16.1 Lakhs to ₹30 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Marico.

Latest annual salaries shared by Marico Product Manager

2d ago
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2 years exp.
1y ago
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7 years exp.
1y ago
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3 years exp.

Experience wise Marico Product Manager salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹24.3 L/yr - ₹31 L/yr

Similar Designation salaries in Marico

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₹14.6 L/yr - ₹21.5 L/yr
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₹10.66 L/yr - ₹36 L/yr
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₹40 L/yr - ₹62.06 L/yr
Deputy Manager Salary
(7 salaries)
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₹10.5 L/yr - ₹14 L/yr
Scrum Master Salary
(3 salaries)
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₹6.5 L/yr - ₹10 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹3 L/yr - ₹11.4 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹10.5 L/yr - ₹13.5 L/yr
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₹3.6 L/yr - ₹14.5 L/yr

Salary related reviews for Marico

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 15 Jan 2025

3.0
 for  Salary and Benefits

Likes

Work culture is good, their is a balance between work life balance

  • Job security - Good
  • +2 more

Dislikes

Salary is not ok, if you are working from a long time and very good at your work. Still company will give more CTC to a new person who is very new to industry and has less experience to sector.

read more
  • Promotions - Bad

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Jun 2024

3.0
 for  Salary and Benefits

Likes

On paper Sales Incentives are on a higher side. Brand Parachute is having pull in the market

Dislikes

...e seeing a hell lot of undercutting and cross selling from B2B and B2C platform. In the end u will be ending up only having salary and no incentives. If ur planning to join Marico get ready to have daily calls in the evening from 5.30-7.30 and your manager will directly ask u to work on Sundays and Public holidays too. If you prefer Work life balance then this is not the place.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Promotion & salary on time,

  • Skill development - Good

Dislikes

1) Previously Working is good but 1.5 yrs not so good. Huge market rate issue, Minimum 5-6 % . I have working in this company. please i have request solve this prb(Rate). 2) PSR & VSR salary not so good other industry.

read more
  • Work satisfaction - Poor

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 01 Oct 2023

4.0
 for  Salary and Benefits

Likes

It's good Organization, but lot of work load, when you joining the Marico, have to take good salary otherwise will not get increment on yearly.

read more
  • Salary - Good
  • +3 more

Dislikes

Work and Life balance is not good ot of work who is working in 3p/2p sub contract manufacturing sites,they don't even get off on Sunday, will have to Manage work and personal life. Instead of corporate office all facilities are there even Saturday is also off day

read more
  • Promotions - Poor

Full Time

 · 

Sales & Marketing Department

2.0
  •  posted on 14 Feb 2022

3.0
 for  Salary and Benefits

Likes

...on Managers .The process of doing sales is completely worst.No systematic sales.No bifurcated area if your distributor gives margin cut ok or else some other area will come and sale Asm will not say anything as his Target is achieved.

read more

Dislikes

Worst work culture.Just because money given treatment is poor.

  • Skill development - Poor
  • +5 more
see more salary related reviews

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Marico Product Manager Salary FAQs

What is the salary of Product Manager at Marico ?
The average salary of a Product Manager at Marico in India typically ranges from ₹16.1 Lakhs to ₹30.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Product Manager at Marico earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Product Manager Salaries at Marico 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 4 Marico employees in India.
What is the estimated take home salary of a Product Manager at Marico in India?
The estimated take-home salary of a Product Manager at Marico in India typically ranges from ₹1,69,074 to ₹1,75,582 per month. This is based on the average salary range of ₹16.1 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 4 salaries received from various employees of Marico. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Marico for Product Manager in India?
Nestle ₹20.0 Lakhs to ₹55.0 Lakhs per year
ITC ₹25.0 Lakhs to ₹42.5 Lakhs per year
Dabur ₹22.5 Lakhs to ₹33.0 Lakhs per year
Hindustan Unilever ₹17.0 Lakhs to ₹42.0 Lakhs per year
Reckitt Benckiser ₹17.0 Lakhs to ₹35.0 Lakhs per year

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

Britannia ₹20.0 Lakhs to ₹35.0 Lakhs per year
Wipro Enterprises Ltd ₹11.6 Lakhs to ₹40.0 Lakhs per year
Parle Products ₹14.0 Lakhs to ₹35.5 Lakhs per year
Procter & Gamble ₹14.0 Lakhs to ₹28.0 Lakhs per year
Adani Wilmar ₹12.0 Lakhs to ₹29.0 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 Product Manager at Marico in India?
The salary growth for a Product Manager at Marico depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Marico:

Experience Average Salary Range
3 years ₹24.3 Lakhs to ₹31.0 Lakhs per year
and so on.

Tell us how to improve this page.

Marico Product Manager salary in India ranges between ₹16.1 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Marico latest salaries received from various employees of Marico.