Samvardhana Motherson Group Assistant Product Manager Salaries by 7 Employees

8 - 20 years exp.

₹7 Lakhs - ₹8.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Assistant Product Manager Salary in Auto Components Companies for 8 - 20 years of experience

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Last Updated: 3 Oct 2024

Companies similar to Samvardhana Motherson Group for Assistant Product Manager

Company name	Avg Annual Salary	Open Jobs
Ceat Tyres Assistant Product Manager Salary 2 - 18 years exp. (13 salaries)	₹5.3 L/yr - ₹11 L/yr 11% more
Bosch Assistant Product Manager Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 47% less
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TVS Sundram Fasteners Assistant Product Manager Salary 18 - 21 years exp. (4 salaries)	₹7 L/yr - ₹8 L/yr 3% less
Bharat Forge Assistant Product Manager Salary 9 - 11 years exp. (3 salaries)	₹6.6 L/yr - ₹7.4 L/yr 9% less
Sansera Engineering Assistant Product Manager Salary 7 - 10 years exp. (3 salaries)	₹7.2 L/yr - ₹8.5 L/yr At par
Exide Industries Assistant Product Manager Salary 11 - 14 years exp. (3 salaries)	₹11.4 L/yr - ₹12.9 L/yr 56% more
Yazaki Assistant Product Manager Salary 9 - 11 years exp. (3 salaries)	₹9 L/yr - ₹11 L/yr 27% more

Assistant Product Manager salary at Samvardhana Motherson Group ranges between ₹7 Lakhs to ₹8.2 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Samvardhana Motherson Group.

Experience wise Samvardhana Motherson Group Assistant Product Manager salaries

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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10 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
15+ years (5 salaries)	₹7.2 L/yr - ₹8.2 L/yr

View all

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Salary related reviews for Samvardhana Motherson Group

Deputy Manager in Noida

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 May 2022

1.0

for Salary and Benefits

Likes

Job security is the only merit you have in mind when you work for this organisation.

Job security - Excellent

Dislikes

...ibility. Even Knowing its not feasible to make them work unneccesarily more. 6. Fresher salary is very low. One shouldn't start from here. 7. Simple tasks are made complicated due to politics which is driven by top management itself. Ultimately it's a multinational lala organisation.

Salary - Bad

+5 more

Deputy Manager in Sharjah

Full Time

Procurement & Supply Chain Department

5.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

...gement is very clear towards company's mission and vision to achieve milestones. Good compensation every year is a reward to every employee of organisation.

Skill development - Excellent

+1 more

Dislikes

Biased management with no criteria for rewards or promotion( all are equal)

Work satisfaction - Bad

+1 more

Production Manager in Noida

Production, Manufacturing & Engineering Department

3.0

• posted on 17 Oct 2020

4.0

for Salary and Benefits

Likes

...tomer support in all terms. Canteen fasilty goodbfie staff as well as associate. Never company try to detect salary even in tough time and given timely without any delay. Very good salary structure and others perks and benefit. Specifically convenes facilities to assist managers and above. This is excellent one.

Salary - Good

+3 more

Dislikes

...nd culture. Typically LALA culture. This is very unfortunate it is TOP driven. Unfair salary hike and promotion means totally best on buttering. Dirty politics even on top management that's why it is coming downword also. Shop floor culture is worst than worst. Complete harassment of staff . Forcefully over stay and based on over stay ur performance evaluation. Not required intelligent people in organisation required only and only and only yes man. This is the reason staff atrration rate is very in manufacturing.

Work satisfaction - Poor

+2 more

Senior Engineer in Noida

Full Time

Research & Development Department

2.0

• posted on 01 Mar 2025

2.0

for Salary and Benefits

Likes

Job security Skill development

Skill development - Good

+1 more

Dislikes

Work life balance was very poor Salary hike per year very low * hell will be better than its canteen* Cycle parking system was very bad. Surprise visit should required for this company.

Salary - Poor

+3 more

Manager in Noida

Full Time

Procurement & Supply Chain Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security and salary on time

Job security - Excellent

+1 more

Dislikes

Less learning and orthodox manual controlled working, slow decision making as it is not distributed through hierarchy. Processes are not implemented on ground level. Un-educated egoistic person are leading departments.

Skill development - Poor

+2 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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Samvardhana Motherson Group Assistant Product Manager Salary FAQs

What is the salary of Assistant Product Manager at Samvardhana Motherson Group ?

The average salary of a Assistant Product Manager at Samvardhana Motherson Group in India typically ranges from ₹7.0 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 8 years to 20 years).

The top 10% of Assistant Product Manager at Samvardhana Motherson Group earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Assistant Product Manager Salaries at Samvardhana Motherson Group 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 7 Samvardhana Motherson Group employees in India.

What is the estimated take home salary of a Assistant Product Manager at Samvardhana Motherson Group in India?

The estimated take-home salary of a Assistant Product Manager at Samvardhana Motherson Group in India typically ranges from ₹57,368 to ₹58,811 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 8 years to 20 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 7 salaries received from various employees of Samvardhana Motherson Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Samvardhana Motherson Group for Assistant Product Manager in India?

Exide Industries	₹11.4 Lakhs to ₹12.9 Lakhs per year
Yazaki	₹9.0 Lakhs to ₹11.0 Lakhs per year
Ceat Tyres	₹5.3 Lakhs to ₹11.0 Lakhs per year

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

What is the salary of a Assistant Product Manager in companies similar to Samvardhana Motherson Group in India?

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

Sansera Engineering	₹7.2 Lakhs to ₹8.5 Lakhs per year
TVS Sundram Fasteners	₹7.0 Lakhs to ₹8.0 Lakhs per year
Bharat Forge	₹6.6 Lakhs to ₹7.4 Lakhs per year
Bosch	₹3.0 Lakhs to ₹4.5 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 Assistant Product Manager at Samvardhana Motherson Group in India?

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

Experience	Average Salary Range
8 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
9 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
10 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
11 years	₹7.0 Lakhs to ₹8.9 Lakhs per year

and so on.

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Samvardhana Motherson Group Assistant Product Manager Salaries

Samvardhana Motherson Group Assistant Product Manager salary in India ranges between ₹7 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Samvardhana Motherson Group latest salaries received from various employees of Samvardhana Motherson Group.