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Novo Nordisk Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 6 years exp.
₹6 Lakhs - ₹18.1 Lakhs
Salary of majority employees
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37% less than the average Product Manager Salary in Pharma Companies for 3 - 6 years of experience

Interested in this particular role? 2 job openings

Last Updated: 25 Jan 2025

Companies similar to Novo Nordisk for Product Manager in Mumbai

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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

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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 19% more
3 job openings
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₹12 L/yr - ₹28 L/yr

arrow icon 63% more
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Roche Diagnostics Product Manager Salary

7 - 8 years exp. (6 salaries)

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₹10.3 L/yr - ₹20.5 L/yr

arrow icon 2% more
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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 7% more
1 job opening
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Novartis Healthcare Product Manager Salary

3 - 8 years exp. (5 salaries)

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₹25 L/yr - ₹32.7 L/yr

arrow icon 124% more
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Boehringer-Ingelheim Product Manager Salary

2 - 10 years exp. (3 salaries)

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₹7 L/yr - ₹12.5 L/yr

arrow icon 19% less
Product Manager salary at Novo Nordisk ranges between ₹6 Lakhs to ₹18.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Novo Nordisk.

Latest annual salaries shared by Novo Nordisk Product Manager in Mumbai

2mo ago
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4 years exp.
3mo ago
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3 years exp.

Experience wise Novo Nordisk Product Manager salaries in Mumbai

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6 L/yr - ₹23.3 L/yr
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹13.4 L/yr
5 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
6 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹18.1 L/yr

Similar Designation salaries in Novo Nordisk

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₹3.5 L/yr - ₹6.5 L/yr
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₹4.9 L/yr - ₹9 L/yr

Top skills at Novo Nordisk for Product Manager

Product Management Recruitment Marketing Campaigns Marketing Strategy Marketing Management Pharma Sales Marketing Planning Operational Excellence Brand Management Focus Commercial Marketing Product Marketing Test Cases Translation

Salary related reviews for Novo Nordisk

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 13 Sep 2023

3.0
 for  Salary and Benefits

Likes

Love the company culture, opportunity for employees to upskill and grow, global opportunities, employee benefits ...

  • Skill development - Excellent
  • +5 more

Dislikes

GBS : Do not expect a huge salary. Expect a decent pay. Need strong Leaders and not managers. Very few leaders on floor to look upto and follow as a disciple.

read more

Full Time

 · 

IT & Information Security Department

5.0
  •  posted on 23 Apr 2024

3.0
 for  Salary and Benefits

Likes

The work culture The perks The support from management The company culture

  • Job security - Excellent
  • +4 more

Dislikes

... with adapting new technologies.. however it is a Pharma company so makes sense. Little more structure and process orientation should be better Salary could have been better

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 17 Oct 2024

1.0
 for  Salary and Benefits

Likes

HR team Free cab provided Free food offered

Dislikes

... rude managers, if i would specifically callout my manager’s name was Ashwini K. Zero transparency Salary offered below industry standards

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Oct 2023

4.0
 for  Salary and Benefits

Likes

Healthy and engaging work environment. Everyday new opportunities for learning and grooming skills. Current brands and the pipeline is very rich with strong scientific data for each brand

read more
  • Salary - Good
  • +5 more

Dislikes

Too much to do, work life balance is tough for people managers. Salary benefits are bit low in comparison of other MNC

read more

Full Time

 · 

Healthcare & Life Sciences Department

3.0
  •  posted on 05 Oct 2023

2.0
 for  Salary and Benefits

Likes

Good learning experience, very good medical team. Good place to learn a lot about medical affairs.

  • Skill development - Excellent
  • +1 more

Dislikes

... daily cab service, compensatory leaves) without much regards for the employees. Sub par salary when compared to other MNCs, and management don't seem to be considering changing any of this any time soon.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Novo Nordisk Product Manager Salary FAQs

What is the salary of Product Manager at Novo Nordisk in Mumbai?
The average salary of a Product Manager at Novo Nordisk in Mumbai typically ranges from ₹6.0 Lakhs to ₹18.1 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Product Manager in Mumbai at Novo Nordisk earn more than ₹18.1 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Product Manager Salaries at Novo Nordisk 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 Novo Nordisk employees in India.
What is the estimated take home salary of a Product Manager at Novo Nordisk in Mumbai?
The estimated take-home salary of a Product Manager at Novo Nordisk in Mumbai typically ranges from ₹90,822 to ₹93,211 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹18.1 Lakhs per year for employees with experience ranging from 3 years to 6 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 Novo Nordisk. 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 Novo Nordisk in Mumbai?
To be a Product Manager at Novo Nordisk in Mumbai, the key skills required include:

  • - Product Management
  • - Recruitment
  • - Marketing Campaigns
  • - Marketing Strategy
  • - Marketing Management

These skills are highly valued at Novo Nordisk and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Novo Nordisk for Product Manager in India?
Novartis Healthcare ₹25.0 Lakhs to ₹32.7 Lakhs per year
GlaxoSmithKline Pharmaceuticals ₹12.0 Lakhs to ₹28.0 Lakhs per year
Abbott ₹10.3 Lakhs to ₹20.0 Lakhs per year
Sanofi ₹11.2 Lakhs to ₹20.0 Lakhs per year
Roche Diagnostics ₹10.3 Lakhs to ₹20.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Novo Nordisk, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to Novo Nordisk in Mumbai?
The salary of a Product Manager at companies similar to Novo Nordisk in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Boehringer-Ingelheim ₹7.0 Lakhs to ₹12.5 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 Product Manager at Novo Nordisk in Mumbai?
The salary growth for a Product Manager at Novo Nordisk 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 Novo Nordisk:

Experience Average Salary Range
3 years ₹6.0 Lakhs to ₹23.3 Lakhs per year
4 years ₹6.0 Lakhs to ₹13.4 Lakhs per year
5 years ₹11.6 Lakhs to ₹14.8 Lakhs per year
6 years ₹5.1 Lakhs to ₹18.1 Lakhs per year
and so on.

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Novo Nordisk Product Manager salary in Mumbai ranges between ₹6 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Novo Nordisk latest salaries received from various employees of Novo Nordisk.