Meril Mumbai Product Executive Salaries by 6 Employees (Updated 2025)

0 - 2 years exp.

₹4.5 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% more than the average Product Executive Salary in Pharma Companies for 0 - 2 years of experience

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Last Updated: 6 Feb 2025

Companies similar to Meril for Product Executive in Mumbai

Meril Product Executive Salary

0 - 2 years exp. (6 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Ipca Laboratories Product Executive Salary 0 - 6 years exp. (28 salaries)	₹3 L/yr - ₹7.3 L/yr 19% less	1 job opening
Ajanta Pharma Product Executive Salary 0 - 7 years exp. (23 salaries)	₹4 L/yr - ₹6.3 L/yr 7% less
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Alembic Pharmaceuticals Product Executive Salary 0 - 4 years exp. (21 salaries)	₹4 L/yr - ₹6.6 L/yr 12% less
Torrent Pharmaceuticals Product Executive Salary 1 - 4 years exp. (12 salaries)	₹4.5 L/yr - ₹6.5 L/yr 1% less	1 job opening
FDC Product Executive Salary 1 - 7 years exp. (9 salaries)	₹3.9 L/yr - ₹5.8 L/yr 28% less
Lupin Product Executive Salary 1 - 4 years exp. (6 salaries)	₹7 L/yr - ₹14.1 L/yr 81% more
Wockhardt Product Executive Salary 0 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹9 L/yr 13% less
Novartis Product Executive Salary 5 - 13 years exp. (5 salaries)	₹6 L/yr - ₹21.3 L/yr 93% more
Indoco Remedies Product Executive Salary 1 - 3 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 19% less
Mankind Pharma Product Executive Salary 0 - 2 years exp. (3 salaries)	₹4 L/yr - ₹7.5 L/yr 2% more

Product Executive salary at Meril ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Meril.

Experience wise Meril Product Executive salaries in Mumbai

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹5 L/yr - ₹7.5 L/yr
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

Similar Designation salaries in Meril

Product Manager Salary

(14 salaries)

₹6.5 L/yr - ₹15 L/yr

Top skills at Meril for Product Executive

Product Management Product Marketing branding Marketing Marketing Strategy

Salary related reviews for Meril

Territory Sales Manager in J B Nagar

Full Time

Sales & Business Development Department

3.0

• posted on 08 May 2023

1.0

for Salary and Benefits

Likes

Company has big nmbr of products with good rates

Job security - Good

+1 more

Dislikes

No salary in comparison as per the market, as per other companies Sometimes expenses money does not come on time Company's products have pathetic quality

Salary - Bad

+1 more

Area Sales Manager in Trichy

Full Time

Sales & Business Development Department

3.0

• posted on 22 Nov 2023

4.0

for Salary and Benefits

Likes

AM WORKING IN MERIL AROUND 4 YEAR'S, SUPER PRODUCTS, SALARY ON TIME.

Salary - Good

+3 more

Dislikes

It's manager driven company,no HR is there, Meril HR Salary is waste of money,it's useless, Job security is not there,only stock dumping is doing,primary Sales only happened with out secondary Sales. After resignation in 2 years , i didn't receive my salttlement also.

Job security - Poor

+1 more

Territory Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 26 Mar 2021

3.0

for Salary and Benefits

Likes

Compensation and benefits is quite good

Dislikes

I never recomend anyone to join this company...there are lot of complaints from the doctors regarding the company's products, also superior's are doing inter politics,so there is no job guarantee, so I never recomend

Skill development - Poor

+5 more

Territory Sales Manager in Mumbai

Healthcare & Life Sciences Department

4.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

Salary - Good

+5 more

Dislikes

The Compensation is decent as don't get the incentive on time and the expenses also get delay by 10 days. But the work pressure is high

Marketing Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 18 Sep 2018

1.0

for Salary and Benefits

Likes

Almost nothing. The company only had fancy architecture to boast about.

Dislikes

... is defined. The same exists in the Vapi HQ too making working very difficult. Because of the low salary packages, the talent pool is mediocre. The HR function is extremely weak and has no clue about the policies. Wrong practices are rampant across the organisation.

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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Meril Product Executive Salary FAQs

What is the salary of Product Executive at Meril in Mumbai?

The average salary of a Product Executive at Meril in Mumbai typically ranges from ₹4.5 Lakhs to ₹7.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Product Executive in Mumbai at Meril earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Product Executive Salaries at Meril 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 Meril employees in India.

What is the estimated take home salary of a Product Executive at Meril in Mumbai?

The estimated take-home salary of a Product Executive at Meril in Mumbai typically ranges from ₹45,555 to ₹46,637 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 Meril. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Executive at Meril in Mumbai?

To be a Product Executive at Meril in Mumbai, the key skills required include:

- Product Management
- Product Marketing
- branding
- Marketing
- Marketing Strategy

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

Which companies offer higher salaries than Meril for Product Executive in India?

Novartis	₹6.0 Lakhs to ₹21.3 Lakhs per year
Lupin	₹7.0 Lakhs to ₹14.1 Lakhs per year
Mankind Pharma	₹4.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Product Executive in companies similar to Meril in Mumbai?

The salary of a Product Executive at companies similar to Meril in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Torrent Pharmaceuticals	₹4.5 Lakhs to ₹6.5 Lakhs per year
Ajanta Pharma	₹4.0 Lakhs to ₹6.3 Lakhs per year
Alembic Pharmaceuticals	₹4.0 Lakhs to ₹6.6 Lakhs per year
Wockhardt	₹2.1 Lakhs to ₹9.0 Lakhs per year
Ipca Laboratories	₹3.0 Lakhs to ₹7.3 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 Executive at Meril in Mumbai?

The salary growth for a Product Executive at Meril in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Executive in Mumbai can expect the following growth trajectory at Meril:

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹7.5 Lakhs per year
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Meril Product Executive Salaries in Mumbai

Meril Product Executive salary in Mumbai ranges between ₹4.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Meril latest salaries received from various employees of Meril.