Marico Product Manager Salaries by 4 Employees (Updated 2025)

0 - 7 years exp.

₹16.1 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹23 Lakhs

Variable (15%)

₹4.0 Lakhs

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)	₹26.1 L/yr - ₹31.9 L/yr
Product Management Product Manager Salary 2 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr
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Project & Program Management Product Manager Salary 7 years exp. (AmbitionBox Estimate)	₹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
Dabur Product Manager Salary 1 - 4 years exp. (16 salaries)	₹22.5 L/yr - ₹33 L/yr 8% more
Hindustan Unilever Product Manager Salary 3 - 11 years exp. (49 salaries)	₹17 L/yr - ₹42 L/yr 8% more
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Britannia Product Manager Salary 3 - 8 years exp. (28 salaries)	₹20 L/yr - ₹35 L/yr At par
Nestle Product Manager Salary 0 - 12 years exp. (3 salaries)	₹20 L/yr - ₹55 L/yr 23% more
ITC Product Manager Salary 2 - 5 years exp. (12 salaries)	₹25 L/yr - ₹42.5 L/yr 10% more
Colgate Palmolive Product Manager Salary 0 - 13 years exp. (4 salaries)	₹7 L/yr - ₹22 L/yr 38% less
Procter & Gamble Product Manager Salary 0 - 5 years exp. (10 salaries)	₹14 L/yr - ₹28 L/yr 12% less
Emami Product Manager Salary 3 - 4 years exp. (4 salaries)	₹12 L/yr - ₹22 L/yr 37% less
Wipro Consumer Care & Lighting Product Manager Salary 2 - 10 years exp. (21 salaries)	₹7.8 L/yr - ₹33 L/yr 29% less
Parle Products Product Manager Salary 9 - 16 years exp. (15 salaries)	₹14 L/yr - ₹35.5 L/yr 7% less
Reckitt Benckiser Product Manager Salary 4 - 16 years exp. (9 salaries)	₹17 L/yr - ₹35 L/yr 8% more
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Adani Wilmar Product Manager Salary 4 - 15 years exp. (7 salaries)	₹12 L/yr - ₹29 L/yr 29% less
Wipro Enterprises Ltd Product Manager Salary 5 - 15 years exp. (5 salaries)	₹11.6 L/yr - ₹40 L/yr 2% less	2 job openings
Cavinkare Product Manager Salary 1 - 9 years exp. (4 salaries)	₹5 L/yr - ₹16 L/yr 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.

Experience wise Marico Product Manager salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
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Similar Designation salaries in Marico

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(5 salaries)

₹14.6 L/yr - ₹21.5 L/yr

Production Manager Salary

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₹10.66 L/yr - ₹36 L/yr

Group Product Manager Salary

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₹40 L/yr - ₹62.06 L/yr

Deputy Manager Salary

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₹10.5 L/yr - ₹14 L/yr

Scrum Master Salary

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₹6.5 L/yr - ₹10 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Business Analyst Salary

(10 salaries)

₹3 L/yr - ₹11.4 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Senior Business Analyst Salary

(4 salaries)

₹3.6 L/yr - ₹14.5 L/yr

Salary related reviews for Marico

Utility & Maintenance Engineer in Jalgaon

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.

Promotions - Bad

Territory Sales Executive in Bangalore / Bengaluru

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.

Skill development - Poor

+5 more

ISR in Kolkata

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.

Work satisfaction - Poor

Senior Production Officer in Mumbai

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.

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

Promotions - Poor

Territory Sales Executive in Hyderabad / Secunderabad

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.

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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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Marico Product Manager Salaries

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