Michelin Product Development Manager Salaries by 4 Employees

6 - 7 years exp.

₹13.6 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Product Development Manager Salary in Auto Components Companies for 6 - 7 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Michelin for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Faurecia Product Development Manager Salary 9 - 17 years exp. (5 salaries)	₹14 L/yr - ₹22 L/yr 1% more
Hanon Systems Product Development Manager Salary 17 - 20 years exp. (4 salaries)	₹23.5 L/yr - ₹32.8 L/yr 61% more
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Schaeffler India Product Development Manager Salary 8 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹14.7 L/yr 40% less
Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 31% less	1 job opening
American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 70% more

Product Development Manager salary at Michelin ranges between ₹13.6 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Michelin.

Experience wise Michelin Product Development Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹19 L/yr
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7 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹20 L/yr

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Salary related reviews for Michelin

5.0

Rated by 1 employees for salary & benefits

Support Analyst in Pune

Oracle Functional Department

4.0

• posted on 03 Sep 2021

4.0

for Salary and Benefits

Likes

Work life balance, compensation is good.

Salary - Good

+3 more

Dislikes

It has majorly support, project is stable so support work is too easy to do. i.e., work is not challenging. There is an implementation team as well but it works majorly on L3 support.

Assistant Manager - Production in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 23 Jan 2025

1.0

for Salary and Benefits

Likes

Saturday and sunday Holiday is the only thing to consider to like.

Work-life balance - Good

Dislikes

...e in fear that when will you lose your job. No salary increment , no promotions. Worst system on promotions and salary benefits.

Salary - Bad

+5 more

Senior Manager in Pune

Full Time

Project & Program Management Department

4.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance Job security Company culture Opportunity to travel in france (Business trip) Shift allowances

Skill development - Good

+4 more

Dislikes

Average salary increment Late Promotions due to flat hierarchy Limited scope for skill development Some top management people joined for only their salary rather than work

Financial Analyst in Pune

Full Time

Finance & Accounting Department

2.0

• posted on 21 Jun 2024

3.0

for Salary and Benefits

Likes

Pay and Benefits are ok If your Manager is a foreigner then your career life is smooth, else it will be a hell

Dislikes

No work life balance Work load One to One discussions are jokes, they listen to argue and not to understand There is a person from HR known as PDP ... they will be supporting the manager and so there will be less chance for an employee to raise concerns You can have career progression, if you know how to butter Management, else no matter how hard you work, you will be cornered

Skill development - Bad

+4 more

Procurement Engineer in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 20 Mar 2024

3.0

for Salary and Benefits

Likes

Work culture + following its core value and when I left Michelin it's only because of my salary and looked for some growth in automobile sectors. Michelin is one of the best place to work in terms of work culture and work-life balance. I have worked in Michelin for 10 years and I didn't felt bad even one day and I was very happy and feeling very proud to be a part of the team. I have worked in Production, learning and development and supply chain management dept and the work culture is made in such a way that the respect for human is well maintained. To be honest if I get a opportunity to work again with Michelin I would just close my eyes and approve the order. People who is working in Michelin doesn't know about the value where as the people who have left the organisation would feel how good everyone have been treated in Michelin

Skill development - Excellent

+4 more

Dislikes

Salary is very poor comparing to same post outside Michelin. For freshers it's not a good platform to grow where as for experienced people it might be a good choice. Apart from that I would say Michelin is one of the best company to work.

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What people are saying about Michelin

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an associate consultant

21h (edited)

Digital business analyst at Michelin

I currently have 3.6 yoe and I am being offered 11.3 (10.5 fixed) for the role of digital business analyst in Michelin, I am really excited about the same but I wanted to know if this is a good opportunity overall and am i being paid fairly? Will this be a good transition in my career? Also what will be my in-hand salary? Since this will be my first switch I have these questions coming to me. I really want to understand where I stand.

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Michelin Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Michelin ?

The average salary of a Product Development Manager at Michelin in India typically ranges from ₹13.6 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 7 years).

The top 10% of Product Development Manager at Michelin earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Product Development Manager Salaries at Michelin 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 Michelin employees in India.

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

The estimated take-home salary of a Product Development Manager at Michelin in India typically ranges from ₹1,21,156 to ₹1,24,568 per month. This is based on the average salary range of ₹13.6 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 7 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 Michelin. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Michelin for Product Development Manager in India?

American Express	₹20.0 Lakhs to ₹38.0 Lakhs per year
Hanon Systems	₹23.5 Lakhs to ₹32.8 Lakhs per year
Faurecia	₹14.0 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Product Development Manager in companies similar to Michelin in India?

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

Bosch	₹9.5 Lakhs to ₹22.0 Lakhs per year
Schaeffler India	₹8.3 Lakhs to ₹14.7 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 Development Manager at Michelin in India?

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

Experience	Average Salary Range
6 years	₹13.6 Lakhs to ₹19.0 Lakhs per year
7 years	₹19.5 Lakhs to ₹20.0 Lakhs per year

and so on.

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Michelin Product Development Manager Salaries

Michelin Product Development Manager salary in India ranges between ₹13.6 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Michelin latest salaries received from various employees of Michelin.

Michelin Product Development Manager salaries in India

Companies similar to Michelin for Product Development Manager

Latest annual salaries shared by Michelin Product Development Manager

Experience wise Michelin Product Development Manager salaries

Similar Designation salaries in Michelin

Salary related reviews for Michelin

Support Analyst in Pune

Assistant Manager - Production in Chennai

Senior Manager in Pune

Financial Analyst in Pune

Procurement Engineer in Chennai

Michelin Product Development Manager Salary FAQs

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