Masibus Automation and Instrumentation Product Manager Salaries by 4 Employees

8 - 17 years exp.

₹8 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Product Manager Salary in Electronics Manufacturing Companies for 8 - 17 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Product Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹13.7 L/yr - ₹16.7 L/yr
Product Management Product Manager Salary 12 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.3 L/yr
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Research & Development Product Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 16 Feb 2024

Companies similar to Masibus Automation and Instrumentation for Product Manager

Company name	Avg Annual Salary	Open Jobs
Prama Hikvision India Product Manager Salary 6 - 17 years exp. (20 salaries)	₹8 L/yr - ₹16.5 L/yr 2% less
TPV Technology Product Manager Salary 12 - 23 years exp. (5 salaries)	₹16.4 L/yr - ₹27 L/yr 62% more
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Rishabh Instruments Limited Product Manager Salary 5 - 17 years exp. (4 salaries)	₹5.5 L/yr - ₹6.6 L/yr 58% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (3k salaries)	₹7.5 L/yr - ₹27.5 L/yr 25% more
HDFC Bank Product Manager Salary 0 - 14 years exp. (838 salaries)	₹7 L/yr - ₹25 L/yr 8% more

Product Manager salary at Masibus Automation and Instrumentation ranges between ₹8 Lakhs to ₹17.5 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Masibus Automation and Instrumentation.

Experience wise Masibus Automation and Instrumentation Product Manager salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
12 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
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15+ years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr

Similar Designation salaries in Masibus Automation and Instrumentation

Project Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹30.6 L/yr - ₹39.1 L/yr

Salary related reviews for Masibus Automation and Instrumentation

4.0

Rated by 1 employees for salary & benefits

Senior Commercial Officer in Gandhinagar

Procurement & Supply Chain Department

4.0

• posted on 26 Nov 2019

3.0

for Salary and Benefits

Likes

Good Management, Supportive, interns of compensation even they are a medium size organisation giving their best to their employees. For Growth at present no idea. Work environment good and best for those who willing to work and dedicated.

Job security - Excellent

+3 more

Dislikes

I am just one year completed and as of now nothing to tell .

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Masibus Automation and Instrumentation Product Manager Salary FAQs

What is the salary of Product Manager at Masibus Automation and Instrumentation ?

The average salary of a Product Manager at Masibus Automation and Instrumentation in India typically ranges from ₹8.0 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Product Manager at Masibus Automation and Instrumentation earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Product Manager Salaries at Masibus Automation and Instrumentation 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 Masibus Automation and Instrumentation employees in India.

What is the estimated take home salary of a Product Manager at Masibus Automation and Instrumentation in India?

The estimated take-home salary of a Product Manager at Masibus Automation and Instrumentation in India typically ranges from ₹97,537 to ₹1,00,179 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 8 years to 17 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 Masibus Automation and Instrumentation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Masibus Automation and Instrumentation for Product Manager in India?

TPV Technology	₹16.4 Lakhs to ₹27.0 Lakhs per year
ICICI Bank	₹7.5 Lakhs to ₹27.5 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Masibus Automation and Instrumentation in India?

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

Prama Hikvision India	₹8.0 Lakhs to ₹16.5 Lakhs per year
Rishabh Instruments Limited	₹5.5 Lakhs to ₹6.6 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 Masibus Automation and Instrumentation in India?

The salary growth for a Product Manager at Masibus Automation and Instrumentation depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Masibus Automation and Instrumentation:

Experience	Average Salary Range
8 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
12 years	₹15.8 Lakhs to ₹20.1 Lakhs per year
15 years	₹13.7 Lakhs to ₹17.5 Lakhs per year

and so on.

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Masibus Automation and Instrumentation Product Manager Salaries

Masibus Automation and Instrumentation Product Manager salary in India ranges between ₹8 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Masibus Automation and Instrumentation latest salaries received from various employees of Masibus Automation and Instrumentation.