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Schaeffler India Product Manager salaries in India

Annual salary range
9 - 12 years exp.
₹12.2 Lakhs - ₹15 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% less than the average Product Manager Salary in Auto Components Companies for 9 - 12 years of experience

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Salaries in different departments

Data Science & Analytics
Product Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹16.5 L/yr

Product Management
Product Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Research & Development
Product Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹11.1 L/yr - ₹13.5 L/yr

Last Updated: 11 Feb 2025

Companies similar to Schaeffler India for Product Manager

Company name Avg Annual Salary Open Jobs
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Bosch Product Manager Salary

4 - 12 years exp. (60 salaries)

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₹7.6 L/yr - ₹31.1 L/yr

arrow icon 46% more
3 job openings
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Siemens Product Manager Salary

7 - 17 years exp. (67 salaries)

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₹10.7 L/yr - ₹40 L/yr

arrow icon 95% more
2 job openings
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ABB Product Manager Salary

4 - 19 years exp. (36 salaries)

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₹11.6 L/yr - ₹40 L/yr

arrow icon 76% more
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Eaton Corporation Product Manager Salary

10 - 15 years exp. (AmbitionBox Estimate)

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₹24.3 L/yr - ₹31 L/yr

arrow icon 113% more
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Honeywell Automation Product Manager Salary

4 - 19 years exp. (21 salaries)

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₹20 L/yr - ₹50.5 L/yr

arrow icon 135% more
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Johnson Controls Product Manager Salary

7 - 18 years exp. (11 salaries)

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₹12 L/yr - ₹46.6 L/yr

arrow icon 123% more
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Cummins Product Manager Salary

3 - 16 years exp. (6 salaries)

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₹13.4 L/yr - ₹35.6 L/yr

arrow icon 56% more
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₹11.9 L/yr - ₹40 L/yr

arrow icon 107% more
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Lumax Industries Product Manager Salary

2 - 10 years exp. (5 salaries)

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₹4 L/yr - ₹14.5 L/yr

arrow icon 29% less
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Pricol Product Manager Salary

13 - 21 years exp. (4 salaries)

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₹12.5 L/yr - ₹17 L/yr

arrow icon 2% more
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Faurecia Product Manager Salary

4 - 19 years exp. (4 salaries)

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₹14 L/yr - ₹25 L/yr

arrow icon 56% more
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Continental Product Manager Salary

2 - 17 years exp. (3 salaries)

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₹7 L/yr - ₹51 L/yr

arrow icon 112% more
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JBM Group Product Manager Salary

3 - 5 years exp. (3 salaries)

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₹5.4 L/yr - ₹7.9 L/yr

arrow icon 51% less
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Hitachi Astemo Product Manager Salary

9 - 11 years exp. (3 salaries)

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₹7 L/yr - ₹16.4 L/yr

arrow icon 7% less
Product Manager salary at Schaeffler India ranges between ₹12.2 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Product Manager

3d ago
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9 years exp.
10mo ago
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10 years exp.
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12 years exp.
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9 years exp.

Experience wise Schaeffler India Product Manager salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹14 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹24.1 L/yr
11 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.5 L/yr
12 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹12.3 L/yr

Similar Designation salaries in Schaeffler India

Project Manager Salary
(28 salaries)
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₹6.09 L/yr - ₹23.94 L/yr
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₹10.4 L/yr - ₹20 L/yr
Product Owner Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Deputy Manager Salary
(152 salaries)
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₹8 L/yr - ₹17.38 L/yr
Senior Product Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Scrum Master Salary
(5 salaries)
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₹13.75 L/yr - ₹20 L/yr
Senior Project Manager Salary
(AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.4 L/yr
Business Analyst Salary
(AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr
Associate Director Salary
(AmbitionBox Estimate)
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₹36 L/yr - ₹46 L/yr

Top skills at Schaeffler India for Product Manager

Product Promotion Product Launch Market Research Project Management Product Management Business Development Product Planning Product Life Cycle Management New Product Development Product Pricing Product Strategy Product Portfolio Management Local Sales

Salary related reviews for Schaeffler India

5.0

Rated by 1 employees for salary & benefits

Research & Development Department

3.0
  •  posted on 31 Oct 2020

3.0
 for  Salary and Benefits

Likes

Company is fully personal relationship oriented. During Covid-19 there was pay cut through pain sharing method (personal leave deducted) and work from home option was given for possible employees. HR decision were taken from central HR team. Apprisal for the previous year was cut and can't expect for this year also.

read more
  • Job security - Good

Dislikes

Company culture would have been more process oriented and not person dependent. Trying to be flexible to customer demand Skipping the development process and squeezing the Internal team is Not good and it largely affects the work life balance and employees relationship.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 23 Oct 2024

5.0
 for  Salary and Benefits

Likes

Only salary and benefits are good

  • Salary - Excellent
  • +1 more

Dislikes

Hopeless working culture. People having 15+ yrs of experience with 0 knowledge. And have Ego on the 7th floor. Diploma holders became manager by favouritism and do micro management. No planning only fire fighting. These all things are only applicable for Savli plant. In general schaeffler is Excellent organisation.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

Technical Exposure is good here . Good Training provided to new joiners . Salary is competitive wrt teir 1 automotive companies.

read more
  • Salary - Good
  • +4 more

Dislikes

Management is never in the favour of WFH . Some employees are hired at good positions , although they don`t seem to deserve it . HR department is useless , un-responsive and careless .

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Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 16 Oct 2024

3.0
 for  Salary and Benefits

Likes

Salary and job security is good

  • Job security - Good

Dislikes

Poor culture. Politics runs throughout the structure, no inclusivity for people from outside. Most of people managers would not let others go ahead. The culture is built so that the company and people are the last priority.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Key Accounts Department

4.0
  •  posted on 29 Oct 2022

2.0
 for  Salary and Benefits

Likes

Work culture, work life balance, better opportunities inside organisation for job change, new policies under experimental basis like hybrid working permantly, job rotation. Supportive and approachable senior management, worked with Schaeffler Hosur location business customer centric team

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Poor growth plan for middle management, inequality in responsibility/work vs compensation.

read more
  • Salary - Poor
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Schaeffler India Product Manager Salary FAQs

What is the salary of Product Manager at Schaeffler India?
Product Manager salary at Schaeffler India in India ranges between ₹12.2 Lakhs to ₹15.0 Lakhs for experience between 9 years to 12 years. According to our estimates it is 40% less than the average Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India India.
How does the salary of a Product Manager at Schaeffler India India compare with the average salary range for this job?
The average salary of a Product Manager at Schaeffler India is 40% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Manager at Schaeffler India?
Product Promotion, Product Launch, Market Research, Project Management and Product Management are some of the popular skills required to work as a Product Manager at Schaeffler India India.
Which similar companies are paying more than Schaeffler India to a Product Manager in India?
  • Honeywell Automation Product Manager Salary - ₹20.0 Lakhs to ₹50.5 Lakhs per year
  • Johnson Controls Product Manager Salary - ₹12.0 Lakhs to ₹46.6 Lakhs per year
  • Eaton Corporation Product Manager Salary - ₹24.3 Lakhs to ₹31.0 Lakhs per year
  • Continental Product Manager Salary - ₹7.0 Lakhs to ₹51.0 Lakhs per year
  • Continental Automotive Components Product Manager Salary - ₹11.9 Lakhs to ₹40.0 Lakhs per year
What is the salary of a Product Manager in companies similar to Schaeffler India in India?
  • Siemens Product Manager Salary - ₹10.7 Lakhs to ₹40.0 Lakhs per year
  • ABB Product Manager Salary - ₹11.6 Lakhs to ₹40.0 Lakhs per year
  • Cummins Product Manager Salary - ₹13.4 Lakhs to ₹35.6 Lakhs per year
  • Faurecia Product Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
  • Bosch Product Manager Salary - ₹7.6 Lakhs to ₹31.1 Lakhs per year
What is the estimated take home salary of a Product Manager at Schaeffler India in India?
The estimated take-home salary of a Product Manager at Schaeffler India ranges between ₹92,179 per month to ₹94,648 per month in India. The take-home salary calculation is based on the average Schaeffler India Product Manager salary in India which ranges between ₹12.2 Lakhs to ₹15.0 Lakhs per year for employees with experience between 9 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Product Manager at Schaeffler India?
According to AmbitionBox, 33% of the Schaeffler India Product Managers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Schaeffler India Product Manager salary in India ranges between ₹12.2 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Schaeffler India latest salaries received from various employees of Schaeffler India.