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Maruti Suzuki Innovation Manager salaries in India (Updated 2025)

Annual salary range
2 - 9 years exp.
₹18 Lakhs - ₹25 Lakhs
Salary of majority employees
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Fixed (84%)
₹17.8 Lakhs
Variable (16%)
₹3.5 Lakhs
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At par with the average Innovation Manager Salary in Automobile Companies for 2 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Project & Program Management
Innovation Manager Salary
5 - 9 years exp. (6 salaries)
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₹21.4 L/yr - ₹25 L/yr

Product Management
Innovation Manager Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹19.3 L/yr - ₹21 L/yr

Last Updated: 12 Mar 2025

Companies similar to Maruti Suzuki for Innovation Manager

Company name Avg Annual Salary Open Jobs
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Mahindra & Mahindra Innovation Manager Salary

6 - 15 years exp. (3 salaries)

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₹15 L/yr - ₹25 L/yr

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Hero MotoCorp Innovation Manager Salary

5 - 8 years exp. (3 salaries)

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₹14 L/yr - ₹32 L/yr

At par
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₹20 L/yr - ₹21 L/yr

arrow icon 4% less
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Deloitte Innovation Manager Salary

7 - 13 years exp. (7 salaries)

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₹17.5 L/yr - ₹20.8 L/yr

arrow icon 4% less
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Capgemini Innovation Manager Salary

7 - 15 years exp. (6 salaries)

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₹11 L/yr - ₹18.8 L/yr

arrow icon 31% less
Innovation Manager salary at Maruti Suzuki ranges between ₹18 Lakhs to ₹25 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of Maruti Suzuki.

Latest annual salaries shared by Maruti Suzuki Innovation Manager

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Experience wise Maruti Suzuki Innovation Manager salaries

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹18 L/yr - ₹35.3 L/yr
3 years (AmbitionBox Estimate)

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₹8 L/yr - ₹21 L/yr
4 years (AmbitionBox Estimate)

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₹19 L/yr - ₹37 L/yr
5 years (AmbitionBox Estimate)

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₹21 L/yr - ₹21.4 L/yr
6 years (AmbitionBox Estimate)

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₹21.4 L/yr - ₹24 L/yr
View all

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₹7.4 L/yr - ₹19 L/yr
Lead Engineer Salary
(4 salaries)
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₹3.6 L/yr - ₹14.1 L/yr
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₹4.8 L/yr - ₹15 L/yr
Junior Engineer Salary
(193 salaries)
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₹1.8 L/yr - ₹10 L/yr
Design Engineer Salary
(18 salaries)
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₹2.7 L/yr - ₹9 L/yr
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₹3.25 L/yr - ₹10.32 L/yr
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₹2.4 L/yr - ₹3 L/yr
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₹5.8 L/yr - ₹13.2 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

Top skills at Maruti Suzuki for Innovation Manager

CCTV Monitoring Inside Sales Risk Management Project Management Innovation Project Management Budgeting Automotive Engineering Prototype Microsoft Dynamics NAV Powertrain Analytical Chemistry Simulink Hrsd Data Science

Salary related reviews for Maruti Suzuki

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 01 Oct 2023

4.0
 for  Salary and Benefits

Likes

Compensation, overall employees benefits & job security is good considering a manufacturing company.

read more
  • Salary - Good
  • +1 more

Dislikes

Poor work culture specifically in Production & all the other supporting departments, lack of role clarity, too much politics by the senior management, politics in promotions & other career growth opportunities by the reporting seniors. Only the flatterers of senior management across the organization get the opportunity to get timely promotions & career growth. Even the genuine problems of employees are addressed with diplomacy & politics by the senior management rather than providing a right solution for the same. Overall the most disappointing part is terrible work environment across the organization.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 06 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time.

  • Job security - Good

Dislikes

Politics at all level junior to senior management level. Latteral employees are targeted by peers since they fell threatened by their skill and knowledge. Quite members who are more proactive by nature are less favored by managers. Result in lost promotions, lower salaries than extroverted colleagues with similar experience, and being taken for granted.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Mar 2023

3.0
 for  Salary and Benefits

Likes

1. From learning perspective MSIL is a good company as they have many models.

  • Skill development - Good
  • +1 more

Dislikes

1. Work pressure is high but compensation is not that good. 2. Working hours are very high. 3. Work life balance is not good.

read more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 12 May 2023

5.0
 for  Salary and Benefits

Likes

- Employee benefits - YoY hike & Variable pay - Good for beginners for their learnings and automotive exposure - Highly encouraged for doing innovative stuffs - Person who want to stabilise financially, MSIL is a good option (decide based on the dislikes section)

read more
  • Salary - Excellent
  • +4 more

Dislikes

- Worst Work culture - Company culture won't fit for experienced persons - Top level management is highly conservative and show Arrogance attitude - Weakened HR department - High level of Micro Management - Top management people won't consider you as an employee rather a slave - Hierarchical mindset - Leader/boss delegate the pressure (from their seniors) to all levels - Played good & bad cop game during notice period - Located in the highly air and water polluted region (not preferable for who have lungs related disease, more prone to PM2.5 further may reduce their lifespan) The above points were experienced personally for the tenure of 5 years. I hope this review may save atleast one person from toxic environment.

read more
  • Company culture - Bad
  • +1 more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 13 Dec 2021

4.0
 for  Salary and Benefits

Likes

Wages and incentives used to be good but not now. So called job security, Yes, but what is the point of a job security if you are not employable somewhere else and grow on a very stagnant basis having managers with very stringent attitude.

read more
  • Salary - Good
  • +1 more

Dislikes

Free food, good salary, five days off, shutdown twice in a year.

  • Skill development - Poor
  • +4 more
see more salary related reviews

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Maruti Suzuki Innovation Manager Salary FAQs

What is the salary of Innovation Manager at Maruti Suzuki ?
The average salary of a Innovation Manager at Maruti Suzuki in India typically ranges from ₹18.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Innovation Manager at Maruti Suzuki earn more than ₹24.4 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Innovation Manager Salaries at Maruti Suzuki 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+ Maruti Suzuki employees in India.
What is the estimated take home salary of a Innovation Manager at Maruti Suzuki in India?
The estimated take-home salary of a Innovation Manager at Maruti Suzuki in India typically ranges from ₹1,38,454 to ₹1,43,577 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 Maruti Suzuki. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Innovation Manager at Maruti Suzuki ?
To be a Innovation Manager at Maruti Suzuki in india, the key skills required include:

  • - CCTV Monitoring
  • - Inside Sales
  • - Risk Management
  • - Project Management
  • - Innovation

These skills are highly valued at Maruti Suzuki and are crucial for successful performance in a Software Engineering role.
What is the salary of a Innovation Manager in companies similar to Maruti Suzuki in India?
The salary of a Innovation Manager at companies similar to Maruti Suzuki in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero MotoCorp ₹14.0 Lakhs to ₹32.0 Lakhs per year
Deloitte ₹17.5 Lakhs to ₹20.8 Lakhs per year
Hyundai Motor India Limited ₹20.0 Lakhs to ₹21.0 Lakhs per year
Mahindra & Mahindra ₹15.0 Lakhs to ₹25.0 Lakhs per year
Capgemini ₹11.0 Lakhs to ₹18.8 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 Innovation Manager at Maruti Suzuki in India?
The salary growth for a Innovation Manager at Maruti Suzuki depends on factors such as experience, performance, and promotions. On average, a Innovation Manager can expect the following growth trajectory at Maruti Suzuki:

Experience Average Salary Range
2 years ₹18.0 Lakhs to ₹35.3 Lakhs per year
3 years ₹8.0 Lakhs to ₹21.0 Lakhs per year
4 years ₹19.0 Lakhs to ₹37.0 Lakhs per year
5 years ₹21.0 Lakhs to ₹21.4 Lakhs per year
and so on.

Tell us how to improve this page.

Maruti Suzuki Innovation Manager salary in India ranges between ₹18 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.