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4.2

based on 7.1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Maruti Suzuki Product Development Manager salaries in India

Annual salary range
9 - 14 years exp.
₹22 Lakhs - ₹32 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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22% more than the average Product Development Manager Salary in Automobile Companies for 9 - 14 years of experience

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Last Updated: 20 May 2023

Companies similar to Maruti Suzuki for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹8 L/yr - ₹10.1 L/yr

arrow icon 65% less
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₹12.8 L/yr - ₹28.2 L/yr

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Bajaj Auto Product Development Manager Salary

8 - 10 years exp. (4 salaries)

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₹12.1 L/yr - ₹26 L/yr

arrow icon 40% less
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₹8.8 L/yr - ₹17.7 L/yr

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Force Motors Product Development Manager Salary

12 - 14 years exp. (4 salaries)

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₹14.3 L/yr - ₹20.4 L/yr

arrow icon 31% less
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Ford Motor Product Development Manager Salary

15 - 19 years exp. (16 salaries)

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₹25.5 L/yr - ₹47.3 L/yr

arrow icon 48% more
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₹18 L/yr - ₹21.6 L/yr

arrow icon 25% less
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₹15 L/yr - ₹18.4 L/yr

arrow icon 35% less
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₹9.2 L/yr - ₹11.8 L/yr

arrow icon 61% less
Product Development Manager salary at Maruti Suzuki ranges between ₹22 Lakhs to ₹32 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Maruti Suzuki.

Latest annual salaries shared by Maruti Suzuki Product Development Manager

1y ago
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9 years exp.
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11 years exp.
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14 years exp.
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12 years exp.
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9 years exp.

Experience wise Maruti Suzuki Product Development Manager salaries

Last Updated: 20 May 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹22 L/yr - ₹22 L/yr
10 years (AmbitionBox Estimate)

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₹20.8 L/yr - ₹26.5 L/yr
11 years (AmbitionBox Estimate)

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₹22 L/yr - ₹45.2 L/yr
12 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹28 L/yr
13 years (AmbitionBox Estimate)

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₹26.3 L/yr - ₹33.6 L/yr
View all

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Salary related reviews for Maruti Suzuki

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 30 Aug 2024

5.0
 for  Salary and Benefits

Likes

If you want a great salary and other benefits by giving your mental Health, physical health and life then this the great company to work. No Manager here is without heart diseases and headache.

read more

Dislikes

Culture and no work life balance

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 25 May 2024

5.0
 for  Salary and Benefits

Likes

1) Flexibility to experiment and learn 2) Good Compensation 3) Strong Culture fostering discipline

read more

Dislikes

1) Not so smart senior leadership and most of them underqualified for the role although executive leadership is great 2) Micro management culture disseminated by the mindset of people with poor or no business/management skills sitting at the senior leadership 3) The structure comprising of Asst. Manager --> Dept. Manager --> Manager --> Sr. Manager doesnt follow the classic pyramid structure, in fact people at Sr. Manager level are more in numbers than at Asst. Manager level making progression difficult, which is even further aggravated with low attrition 4) Lala culture to certain extent especially related to promotion policies

read more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 06 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time.

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

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.

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

4.0
  •  posted on 27 Sep 2023

4.0
 for  Salary and Benefits

Likes

In R&D, there is good work life balance, salary is good and bonus is also lucrative, particularly in good times.

read more

Dislikes

Sir culture is there. Bell curve policy, you are bound to get a lower grade in span of 4 years. Recently more levels have been included in between for promotions.

read more
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Maruti Suzuki Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Maruti Suzuki?
Product Development Manager salary at Maruti Suzuki in India ranges between ₹22.0 Lakhs to ₹32.0 Lakhs for experience between 9 years to 14 years. According to our estimates it is 22% more than the average Product Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Maruti Suzuki India.
How does the salary of a Product Development Manager at Maruti Suzuki India compare with the average salary range for this job?
The average salary of a Product Development Manager at Maruti Suzuki is 22% more than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Maruti Suzuki to a Product Development Manager in India?
  • Ford Motor Product Development Manager Salary - ₹25.5 Lakhs to ₹47.3 Lakhs per year
What is the salary of a Product Development Manager in companies similar to Maruti Suzuki in India?
  • CNH Industrial Product Development Manager Salary - ₹18.0 Lakhs to ₹21.6 Lakhs per year
  • Mahindra & Mahindra Product Development Manager Salary - ₹12.8 Lakhs to ₹28.2 Lakhs per year
  • Force Motors Product Development Manager Salary - ₹14.3 Lakhs to ₹20.4 Lakhs per year
  • VE Commercial Vehicles Product Development Manager Salary - ₹15.0 Lakhs to ₹18.4 Lakhs per year
  • Bajaj Auto Product Development Manager Salary - ₹12.1 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Product Development Manager at Maruti Suzuki in India?
The estimated take-home salary of a Product Development Manager at Maruti Suzuki ranges between ₹1,65,408 per month to ₹1,71,750 per month in India. The take-home salary calculation is based on the average Maruti Suzuki Product Development Manager salary in India which ranges between ₹22.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Product Development Manager at Maruti Suzuki?
According to AmbitionBox, 100% of the Maruti Suzuki Product Development Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Maruti Suzuki Product Development Manager salary in India ranges between ₹22 Lakhs to ₹32 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.