Medtronic New Delhi Product Manager Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹23 Lakhs - ₹27 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

25% more than the average Product Manager Salary in Medical Equipment Companies for 8 - 11 years of experience

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Salaries in different departments

Marketing & Communication Product Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹24.1 L/yr - ₹27 L/yr
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Sales & Business Development Product Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹27.6 L/yr

Last Updated: 15 Mar 2025

Companies similar to Medtronic for Product Manager in New Delhi

Medtronic Product Manager Salary

8 - 11 years exp. (4 salaries)

₹23 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Stryker Product Manager Salary 8 - 11 years exp. (6 salaries)	₹16 L/yr - ₹22.5 L/yr 24% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (127 salaries)	₹8.2 L/yr - ₹30 L/yr 28% less
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Paytm Product Manager Salary 1 - 7 years exp. (72 salaries)	₹12 L/yr - ₹36 L/yr 10% less	6 job openings
Mankind Pharma Product Manager Salary 5 - 12 years exp. (48 salaries)	₹10 L/yr - ₹24 L/yr 35% less
Indiamart Intermesh Product Manager Salary 2 - 6 years exp. (43 salaries)	₹8.5 L/yr - ₹25 L/yr 28% less	3 job openings

Product Manager salary at Medtronic ranges between ₹23 Lakhs to ₹27 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Medtronic.

Experience wise Medtronic Product Manager salaries in New Delhi

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹23.7 L/yr - ₹30.2 L/yr
9 years (AmbitionBox Estimate)	₹24.1 L/yr - ₹30.8 L/yr
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10 years (AmbitionBox Estimate)	₹24.5 L/yr - ₹31.3 L/yr
11 years (AmbitionBox Estimate)	₹24.9 L/yr - ₹31.8 L/yr

From

Product Manager

3 - 13 years exp.

Marketing Manager

7 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Medtronic

Area Manager Salary

(11 salaries)

₹13.5 L/yr - ₹18 L/yr

Sales Executive Salary

(10 salaries)

₹3.4 L/yr - ₹8 L/yr

Business Associate Salary

(6 salaries)

₹5 L/yr - ₹7.5 L/yr

Product Specialist Salary

(4 salaries)

₹7.4 L/yr - ₹12.7 L/yr

Customer Sales Representative Salary

(4 salaries)

₹3.6 L/yr - ₹6.65 L/yr

Salary related reviews for Medtronic

Sales Executive in Kolkata

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

Fortune 500 company! Great culture and ethics. Very well help to maintain work life balance. So many verticals to work on.

Skill development - Excellent

+4 more

Dislikes

Salary structure and appraisal in some divisions. Hard to negotiate with HR!

Director in Mumbai

Full Time

Strategic & Top Management Department

4.0

• posted on 07 Jun 2023

5.0

for Salary and Benefits

Likes

Great compensation and benefits Good products that are accepted well by customers Meritocratic culture in most teams

Salary - Excellent

+2 more

Dislikes

Frequent changes in management Job is not secure Weak processes hence getting work done is not easy

Work-life balance - Poor

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Feb 2022

3.0

for Salary and Benefits

Likes

Meaningful work that serves the humanity. Great work culture. Perfect Work life balance. Framework to Innovate in every aspect.

Skill development - Good

+4 more

Dislikes

Slight disparity in terms of pay. Like any other Indian centres here also there are some managers who practice favoritism and that's spoiling the branding.

Senior Executive in Navi Mumbai

Full Time

Sales and marketing Department

4.0

• posted on 19 Aug 2022

3.0

for Salary and Benefits

Likes

Women empowerment, flexible hour working, employee friendly environment.

Skill development - Good

+1 more

Dislikes

Promotions and salary hikes depends upon your senior, even you work hard and do best in your role, noone promotes you until your senior want that. It was demotivating for me.

Opperations Coordinator in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

1.0

• posted on 17 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing neither the salary was good nor the behaviour of the management

Dislikes

My manager was not at all approachable. She doesn’t listen to people n have made the environment dirty and difficult for subordinates

Salary - Bad

+6 more

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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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Medtronic Product Manager Salary FAQs

What is the salary of Product Manager at Medtronic in New Delhi?

The average salary of a Product Manager at Medtronic in New Delhi typically ranges from ₹23.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Product Manager in New Delhi at Medtronic earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Product Manager Salaries at Medtronic 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 Medtronic employees in India.

What is the estimated take home salary of a Product Manager at Medtronic in New Delhi?

The estimated take-home salary of a Product Manager at Medtronic in New Delhi typically ranges from ₹1,65,262 to ₹1,71,597 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 8 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 4 salaries received from various employees of Medtronic. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Product Manager in companies similar to Medtronic in New Delhi?

The salary of a Product Manager at companies similar to Medtronic in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm	₹12.0 Lakhs to ₹36.0 Lakhs per year
Stryker	₹16.0 Lakhs to ₹22.5 Lakhs per year
ICICI Bank	₹8.2 Lakhs to ₹30.0 Lakhs per year
Indiamart Intermesh	₹8.5 Lakhs to ₹25.0 Lakhs per year
Mankind Pharma	₹10.0 Lakhs to ₹24.0 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 Medtronic in New Delhi?

The salary growth for a Product Manager at Medtronic in New Delhi depends on factors such as experience, performance, and promotions. On average, a Product Manager in New Delhi can expect the following growth trajectory at Medtronic:

Experience	Average Salary Range
8 years	₹23.7 Lakhs to ₹30.2 Lakhs per year
9 years	₹24.1 Lakhs to ₹30.8 Lakhs per year
10 years	₹24.5 Lakhs to ₹31.3 Lakhs per year
11 years	₹24.9 Lakhs to ₹31.8 Lakhs per year

and so on.

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Medtronic Product Manager Salaries in New Delhi

Medtronic Product Manager salary in New Delhi ranges between ₹23 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Medtronic latest salaries received from various employees of Medtronic.