Maruti Suzuki Manager new Product Development Salaries by 6 Employees (Updated 2025)

9 - 11 years exp.

₹17 Lakhs - ₹34.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% more than the average Manager new Product Development Salary in Automobile Companies for 9 - 11 years of experience

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Salaries in different departments

Project & Program Management Manager new Product Development Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹34 L/yr - ₹34.4 L/yr
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Quality Assurance Manager new Product Development Salary 11 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 4 Mar 2025

Companies similar to Maruti Suzuki for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Manager new Product Development Salary 13 - 20 years exp. (7 salaries)	₹15.5 L/yr - ₹35 L/yr 1% more
Ashok Leyland Manager new Product Development Salary 2 - 10 years exp. (6 salaries)	₹12 L/yr - ₹18.5 L/yr 42% less
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VE Commercial Vehicles Manager new Product Development Salary 14 - 19 years exp. (5 salaries)	₹20 L/yr - ₹24 L/yr 18% less
Tata Motors Manager new Product Development Salary 4 - 14 years exp. (5 salaries)	₹7.7 L/yr - ₹22 L/yr 48% less
TVS Motor Manager new Product Development Salary 12 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹18.6 L/yr 35% less
Bajaj Auto Manager new Product Development Salary 11 - 21 years exp. (4 salaries)	₹24 L/yr - ₹34 L/yr 7% more
Ford Motor Manager new Product Development Salary 15 - 21 years exp. (3 salaries)	₹30 L/yr - ₹43.5 L/yr 30% more
Mahindra Automotives Manager new Product Development Salary 10 - 14 years exp. (3 salaries)	₹17.3 L/yr - ₹20 L/yr 32% less

Manager new Product Development salary at Maruti Suzuki ranges between ₹17 Lakhs to ₹34.4 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki Manager new Product Development salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹17 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)	₹24 L/yr - ₹34.4 L/yr
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11 years (AmbitionBox Estimate)	₹30 L/yr - ₹34 L/yr

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Top skills at Maruti Suzuki for Manager new Product Development

Competitive Analysis Market Research Financial Modelling Agile Coaching JIRA Marketing Operations Engineering Design Product Management ICSE

Salary related reviews for Maruti Suzuki

3.5

Rated by 2 employees for salary & benefits

Deputy Manager Research Development in Gurgaon / Gurugram

Full Time

Strategic & Top Management Department

2.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Job security. Nothing else!

Job security - Excellent

Dislikes

... a secured job with yes sir attitude, then this is your company. All the best! Earlier Maruti used to be pay master but now they r no where near to what others are offering.

Skill development - Poor

+4 more

Power Plant Mechanical Engineer in Nagpur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 12 Feb 2025

5.0

for Salary and Benefits

Likes

strong job security, good salary and benefits, ample learning opportunities, a sense of stability, a positive work culture with team spirit, open access to senior management, and a reputation for providing good work-life balance

Salary - Excellent

+6 more

Dislikes

(bi annual week shutdown) . For rest of the festivals if it comes on non Saturday/Sunday, then Saturday becomes working

Sales Executive in Solapur

Full Time

Sales & Business Development Department

4.0

• posted on 28 Jan 2025

3.0

for Salary and Benefits

Likes

It was been an honor to work in maruti suzuki being a part of msil enjoyed a lot. Got an opportunity to learn about vehicles category and loads of fun

Skill development - Good

+3 more

Dislikes

...e to work on sundays while others spend quality time at home after lot of works. and hrs use to debit the salary amount with 500rs. incentives was given late it takes 3 months to receive incentives and were not given on time as they mention before joining.

Fireman in Mumbai (working remotely)

Full Time

Environment Health & Safety Department

4.0

• posted on 09 Jan 2025

2.0

for Salary and Benefits

Likes

strong job security, good salary and benefits, a positive work culture with supportive colleagues, opportunities for skill development, and a reputation as a leading Indian automobile manufacturer

Skill development - Good

+5 more

Dislikes

poor work-life balance, long working hours, limited flexibility,

Salary - Poor

Associate Manager in Gurgaon / Gurugram

Full Time

Human Resources Department

4.0

• posted on 23 Dec 2024

5.0

for Salary and Benefits

Likes

... both monetary and non monetary Appraisal and promotion above market benchmark. Variable pay over and above expectations.

Salary - Excellent

+3 more

Dislikes

Quite long working hours though without much work pressure. Hierarchical system with less decision making.

see more salary related reviews

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Regarding interview

I applied for territory sales manager position in maruti suzuki and recruiter has mailed me regarding additional information required for further processing. Does this mean that I will be called for interview? And also if called for interview, what is the salary range for the post? I have 6 years of experience in automobile (2 wheeler, heavy equipment) in sales, dealer development, dealer management and operations.

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Maruti Suzuki Manager new Product Development Salary FAQs

What is the salary of Manager new Product Development at Maruti Suzuki ?

The average salary of a Manager new Product Development at Maruti Suzuki in India typically ranges from ₹17.0 Lakhs to ₹34.4 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Manager new Product Development at Maruti Suzuki earn more than ₹34.3 Lakhs per year, and the top 1% earn over ₹34.4 Lakhs per year. Manager new Product Development 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 6 Maruti Suzuki employees in India.

What is the estimated take home salary of a Manager new Product Development at Maruti Suzuki in India?

The estimated take-home salary of a Manager new Product Development at Maruti Suzuki in India typically ranges from ₹1,68,212 to ₹1,74,680 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹34.4 Lakhs per year for employees with experience ranging from 9 years to 11 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 6 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 Manager new Product Development at Maruti Suzuki ?

To be a Manager new Product Development at Maruti Suzuki in india, the key skills required include:

- Competitive Analysis
- Market Research
- Financial Modelling
- Agile Coaching
- JIRA

These skills are highly valued at Maruti Suzuki and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Maruti Suzuki for Manager new Product Development in India?

Ford Motor	₹30.0 Lakhs to ₹43.5 Lakhs per year
Bajaj Auto	₹24.0 Lakhs to ₹34.0 Lakhs per year
Mahindra & Mahindra	₹15.5 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maruti Suzuki, depending on the role and experience level.

What is the salary of a Manager new Product Development in companies similar to Maruti Suzuki in India?

The salary of a Manager new Product Development at companies similar to Maruti Suzuki in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

VE Commercial Vehicles	₹20.0 Lakhs to ₹24.0 Lakhs per year
Mahindra Automotives	₹17.3 Lakhs to ₹20.0 Lakhs per year
TVS Motor	₹14.5 Lakhs to ₹18.6 Lakhs per year
Ashok Leyland	₹12.0 Lakhs to ₹18.5 Lakhs per year
Tata Motors	₹7.7 Lakhs to ₹22.0 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 Manager new Product Development at Maruti Suzuki in India?

The salary growth for a Manager new Product Development at Maruti Suzuki depends on factors such as experience, performance, and promotions. On average, a Manager new Product Development can expect the following growth trajectory at Maruti Suzuki:

Experience	Average Salary Range
9 years	₹17.0 Lakhs to ₹25.0 Lakhs per year
10 years	₹24.0 Lakhs to ₹34.4 Lakhs per year
11 years	₹30.0 Lakhs to ₹34.0 Lakhs per year

and so on.

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Maruti Suzuki Manager new Product Development Salaries

Maruti Suzuki Manager new Product Development salary in India ranges between ₹17 Lakhs to ₹34.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.