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Novartis Product Manager salaries in Mumbai

Annual salary range
1 - 14 years exp.
₹20 Lakhs - ₹29.4 Lakhs
Salary of majority employees
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39% more than the average Product Manager Salary in Pharma Companies for 1 - 14 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Marketing & Communication
Product Manager Salary
6 - 9 years exp. (3 salaries)
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₹25 L/yr - ₹27 L/yr

Product Management
Product Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹29.3 L/yr

Last Updated: 15 Apr 2024

Companies similar to Novartis for Product Manager in Mumbai

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Novartis Product Manager Salary

1 - 14 years exp. (14 salaries)

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₹20 L/yr - ₹29.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Abbott Product Manager Salary

1 - 8 years exp. (62 salaries)

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₹10.3 L/yr - ₹20 L/yr

arrow icon 47% less
3 job openings
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₹7 L/yr - ₹15 L/yr

arrow icon 58% less
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Alkem Laboratories Product Manager Salary

3 - 10 years exp. (44 salaries)

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₹7 L/yr - ₹12 L/yr

arrow icon 64% less
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Ipca Laboratories Product Manager Salary

3 - 10 years exp. (40 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 73% less
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Lupin Product Manager Salary

1 - 8 years exp. (31 salaries)

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₹6 L/yr - ₹15.8 L/yr

arrow icon 60% less
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Dr. Reddy's Product Manager Salary

2 - 10 years exp. (31 salaries)

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₹9 L/yr - ₹24 L/yr

arrow icon 42% less
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Zydus Lifesciences Product Manager Salary

2 - 9 years exp. (22 salaries)

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₹7 L/yr - ₹16.5 L/yr

arrow icon 63% less
1 job opening
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₹10.5 L/yr - ₹16.5 L/yr

arrow icon 53% less
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Cipla Product Manager Salary

1 - 8 years exp. (16 salaries)

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₹7.5 L/yr - ₹19.5 L/yr

arrow icon 55% less
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₹12 L/yr - ₹28 L/yr

arrow icon 27% less
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₹10.9 L/yr - ₹17.5 L/yr

arrow icon 51% less
1 job opening
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Sanofi Product Manager Salary

4 - 8 years exp. (6 salaries)

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₹11.2 L/yr - ₹20 L/yr

arrow icon 52% less
1 job opening
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Mankind Pharma Product Manager Salary

5 - 11 years exp. (6 salaries)

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₹9.8 L/yr - ₹16.5 L/yr

arrow icon 54% less
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Novo Nordisk Product Manager Salary

3 - 6 years exp. (4 salaries)

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₹6 L/yr - ₹18.1 L/yr

arrow icon 55% less
2 job openings
Product Manager salary at Novartis ranges between ₹20 Lakhs to ₹29.4 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Novartis.

Latest annual salaries shared by Novartis Product Manager in Mumbai

11mo ago
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7 years exp.
11mo ago
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8 years exp.
1y ago
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9 years exp.
1y ago
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14 years exp.

Experience wise Novartis Product Manager salaries in Mumbai

Last Updated: 15 Apr 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹10.7 L/yr - ₹29 L/yr
2 years (AmbitionBox Estimate)

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₹24.3 L/yr - ₹31 L/yr
3 years (AmbitionBox Estimate)

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₹25 L/yr - ₹48.9 L/yr
4 years (AmbitionBox Estimate)

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₹25 L/yr - ₹49.4 L/yr
5 years  (4 salaries)

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₹20 L/yr - ₹29.4 L/yr
View all
Novartis Product Manager Salary and Career Growth

From

To

Product Manager

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1 - 16 years exp.

Marketing Manager

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5 - 16 years exp.

Product Manager 1 - 16 years exp.
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Group Product Manager 8 - 13 years exp.
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arrow icon 31% hike
    Marketing Manager 5 - 16 years exp.
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    arrow icon 63% hike

    From

    To

    Product Manager

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    1 - 16 years exp.

    Sales Training Manager

    Salary unavailable
    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 Novartis

    unlock blur
    ₹29 L/yr - ₹47 L/yr

    Top skills at Novartis for Product Manager

    Product Management Marketing Brand Management Market Development Operations Management Market Research Project Management Recruitment Brand Strategy Product Strategy Pharma Promotional Campaigns Global Marketing Supply Chain Management UML

    Salary related reviews for Novartis

    4.0

    Rated by 1 employees for salary & benefits

    NTO Department

    3.0
      •  posted on 07 Apr 2022

    4.0
     for  Salary and Benefits

    Likes

    Work Pressure is comparatively Less as compared other peer organizations. Work Life Balance is quite High and Compensation is Good.

    read more
    • Salary - Good
    • +3 more

    Dislikes

    The urgency in reaching the Deadline seems to be lacking with most of the projects and initiatives gets extended from the original plan.

    read more
    • Promotions - Poor
    • +1 more

    Full Time

     · 

    Data Science & Analytics Department

    4.0
      •  posted on 18 Jan 2025

    4.0
     for  Salary and Benefits

    Likes

    Work life balance is good for most of the teams. Good perks like pat leave is 6month, relaxed leave policy.

    • Salary - Good
    • +3 more

    Dislikes

    No scope to learn something new or ground breaking. Pay is below industry standards. Every 2-3 years they keep changing the process or team structures.

    read more

    Full Time

     · 

    Data Science & Analytics Department

    1.0
      •  posted on 02 Jan 2025

    1.0
     for  Salary and Benefits

    Likes

    Nothing much only salary is on time as per payroll calendar.

    Dislikes

    Late promotion cycles. Promotion and salary hikes are given to people closer to management. Favouritism to department managers play key role here in development

    read more
    • Salary - Bad
    • +5 more

    Full Time

     · 

    Engineering - Software & QA Department

    5.0
      •  posted on 24 May 2024

    5.0
     for  Salary and Benefits

    Likes

    Work life balance is amazing, tech is good, salary is great, benefits are great, company culture is awesome. Lot of involvement with business stakeholders gives exposure

    read more
    • Salary - Excellent
    • +3 more

    Dislikes

    Opportunities for growth are less, if someone is pure techie, may get disappointed with the kind of work. Some days pressure is a lot, while most other days are quite breezy.

    read more
    • Skill development - Poor
    • +1 more

    Full Time

     · 

    Data Science & Analytics Department

    5.0
      •  posted on 03 Oct 2024

    5.0
     for  Salary and Benefits

    Likes

    Transparent Salary comparison with market. Learning and growing opportunities. Your voice is counted. Flexi working hours, good management providing regular updates. Supportive seniors.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing as such in my area of work.

    see more salary related reviews

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    Novartis Product Manager Salary FAQs

    What is the salary of Product Manager at Novartis in Mumbai?
    The average salary of a Product Manager at Novartis in Mumbai typically ranges from ₹20.0 Lakhs to ₹29.4 Lakhs per year, depending on experience (from 1 year to 14 years).

    The top 10% of Product Manager in Mumbai at Novartis earn more than ₹29.0 Lakhs per year, and the top 1% earn over ₹29.4 Lakhs per year. Product Manager Salaries at Novartis 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 10+ Novartis employees in India.
    What is the estimated take home salary of a Product Manager at Novartis in Mumbai?
    The estimated take-home salary of a Product Manager at Novartis in Mumbai typically ranges from ₹1,77,101 to ₹1,83,971 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹29.4 Lakhs per year for employees with experience ranging from 1 year to 14 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 10+ salaries received from various employees of Novartis. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Product Manager at Novartis in Mumbai?
    To be a Product Manager at Novartis in Mumbai, the key skills required include:

    • - Product Management
    • - Marketing
    • - Brand Management
    • - Market Development
    • - Operations Management

    These skills are highly valued at Novartis and are crucial for successful performance in a Software Engineering role.
    What is the salary of a Product Manager in companies similar to Novartis in Mumbai?
    The salary of a Product Manager at companies similar to Novartis in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    GlaxoSmithKline Pharmaceuticals ₹12.0 Lakhs to ₹28.0 Lakhs per year
    Dr. Reddy's ₹9.0 Lakhs to ₹24.0 Lakhs per year
    Abbott ₹10.3 Lakhs to ₹20.0 Lakhs per year
    Torrent Pharmaceuticals ₹10.9 Lakhs to ₹17.5 Lakhs per year
    Sanofi ₹11.2 Lakhs to ₹20.0 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 Novartis in Mumbai?
    The salary growth for a Product Manager at Novartis in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Novartis:

    Experience Average Salary Range
    1 year ₹10.7 Lakhs to ₹29.0 Lakhs per year
    2 years ₹24.3 Lakhs to ₹31.0 Lakhs per year
    3 years ₹25.0 Lakhs to ₹48.9 Lakhs per year
    4 years ₹25.0 Lakhs to ₹49.4 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Novartis Product Manager salary in Mumbai ranges between ₹20 Lakhs to ₹29.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Novartis latest salaries received from various employees of Novartis.