MTR Foods Product Development Manager Salaries by 5 Employees (Updated 2025)

10 - 13 years exp.

₹12 Lakhs - ₹12.9 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Product Development Manager Salary in FMCG Companies for 10 - 13 years of experience

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Last Updated: 16 Mar 2023

Companies similar to MTR Foods for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
ITC Product Development Manager Salary 4 - 15 years exp. (5 salaries)	₹22 L/yr - ₹45.7 L/yr 162% more
Nestle Product Development Manager Salary 8 - 12 years exp. (6 salaries)	₹22.5 L/yr - ₹30 L/yr 109% more
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Britannia Product Development Manager Salary 2 - 7 years exp. (6 salaries)	₹13 L/yr - ₹17.5 L/yr 22% more
Marico Product Development Manager Salary 5 - 16 years exp. (5 salaries)	₹8.6 L/yr - ₹43 L/yr 102% more
Hindustan Unilever Product Development Manager Salary 2 - 20 years exp. (11 salaries)	₹24.6 L/yr - ₹34 L/yr 158% more
Wipro Consumer Care & Lighting Product Development Manager Salary 10 - 14 years exp. (5 salaries)	₹14.5 L/yr - ₹22.5 L/yr 43% more
Kores Product Development Manager Salary 10 - 12 years exp. (4 salaries)	₹14 L/yr - ₹14.1 L/yr 14% more
Pitambari Products Product Development Manager Salary 8 - 15 years exp. (3 salaries)	₹6 L/yr - ₹12 L/yr 27% less

Product Development Manager salary at MTR Foods ranges between ₹12 Lakhs to ₹12.9 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of MTR Foods.

Experience wise MTR Foods Product Development Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.7 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.3 L/yr
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12 years (AmbitionBox Estimate)	₹12 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹22.6 L/yr

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₹1.8 L/yr - ₹3 L/yr

Top skills at MTR Foods for Product Development Manager

Product Development New Product Design R&D Quality Assurance

Salary related reviews for MTR Foods

2.5

Rated by 2 employees for salary & benefits

Marketing Manager in Bangalore / Bengaluru

Full Time

Marketing & Communication Department

3.0

• posted on 30 Apr 2024

1.0

for Salary and Benefits

Likes

Overall decent working culture, good opportunities in terms of roles, good higher management

Job security - Good

+3 more

Dislikes

Very poor appraisals, not a pay master, no extra perks, not very employee friendly in terms of benefits, flexibility for work from home etc

Salary - Bad

+1 more

Key Accounts And Ecommerce Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 24 Dec 2022

4.0

for Salary and Benefits

Likes

Salary was as per industry standard and job security was there.

Salary - Good

+1 more

Dislikes

Company culture was horrible with cuss words in every communication. Blame game was always there. Bootlickers stayed on without doing anything for years.

Skill development - Poor

+4 more

QC Executive in Bangalore / Bengaluru

Contractual

Engineering - Software & QA Department

4.0

• posted on 29 Mar 2024

3.0

for Salary and Benefits

Likes

...mportant. The fight with departments will turns you to look SOP for a evidence. Don’t work for the salary part just grab the Standards and move if you’re a fresher that’s what I did and it's still remains with me

Skill development - Excellent

+3 more

Dislikes

As everyone knew that Organization doesn't give best appraisal to who working from long back, that would be main reason to quit.

Job security - Poor

+1 more

QC Executive in Bangalore / Bengaluru

Quality Assurance Department

4.0

• posted on 08 Jan 2022

4.0

for Salary and Benefits

Likes

Culture is good. Company policies are good. Salary hike and bonus are not bad.

Salary - Good

+5 more

Dislikes

Low career growth. No time will given for new joiners to understand the things. You will have to involve in work from day 1 onwards.

Teritory Sales Officer in Guwahati

Other Department

4.0

• posted on 10 Apr 2021

4.0

for Salary and Benefits

Likes

Company should think about marketing development

Salary - Good

+1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Job security - Bad

+3 more

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MTR Foods Product Development Manager Salary FAQs

What is the salary of Product Development Manager at MTR Foods?

Product Development Manager salary at MTR Foods in India ranges between ₹12.0 Lakhs to ₹12.9 Lakhs for experience between 10 years to 13 years. According to our estimates it is 43% less than the average Product Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MTR Foods India.

How does the salary of a Product Development Manager at MTR Foods India compare with the average salary range for this job?

The average salary of a Product Development Manager at MTR Foods is 43% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Development Manager at MTR Foods?

Product Development, New Product Design, R&D and Quality Assurance are some of the popular skills required to work as a Product Development Manager at MTR Foods India.

Which similar companies are paying more than MTR Foods to a Product Development Manager in India?

ITC Product Development Manager Salary - ₹22.0 Lakhs to ₹45.7 Lakhs per year
Hindustan Unilever Product Development Manager Salary - ₹24.6 Lakhs to ₹34.0 Lakhs per year
Nestle Product Development Manager Salary - ₹22.5 Lakhs to ₹30.0 Lakhs per year
Marico Product Development Manager Salary - ₹8.6 Lakhs to ₹43.0 Lakhs per year
Wipro Consumer Care & Lighting Product Development Manager Salary - ₹14.5 Lakhs to ₹22.5 Lakhs per year

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

Britannia Product Development Manager Salary - ₹13.0 Lakhs to ₹17.5 Lakhs per year
Kores Product Development Manager Salary - ₹14.0 Lakhs to ₹14.1 Lakhs per year
Pitambari Products Product Development Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Product Development Manager at MTR Foods ranges between ₹87,397 per month to ₹89,688 per month in India. The take-home salary calculation is based on the average MTR Foods Product Development Manager salary in India which ranges between ₹12.0 Lakhs to ₹12.9 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at MTR Foods?

According to AmbitionBox, 100% of the MTR Foods Product Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MTR Foods Product Development Manager Salaries

MTR Foods Product Development Manager salary in India ranges between ₹12 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MTR Foods latest salaries received from various employees of MTR Foods.