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Schaeffler India Project Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
9 - 15 years exp.
₹7 Lakhs - ₹20 Lakhs
Salary of majority employees
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30% less than the average Project Manager Salary in Auto Components Companies for 9 - 15 years of experience

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Salaries in different departments

Project & Program Management
Project Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹19 L/yr

Research & Development
Project Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹19 L/yr

Last Updated: 14 Jan 2025

Companies similar to Schaeffler India for Project Manager in Bangalore / Bengaluru

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Schaeffler India Project Manager Salary

9 - 15 years exp. (4 salaries)

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₹7 L/yr - ₹20 L/yr

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Company name Avg Annual Salary Open Jobs
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Bosch Project Manager Salary

1 - 16 years exp. (123 salaries)

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₹7.5 L/yr - ₹31 L/yr

arrow icon 26% more
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₹12.3 L/yr - ₹36.8 L/yr

arrow icon 77% more
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Yokogawa Project Manager Salary

10 - 23 years exp. (29 salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 51% more
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Autoliv Project Manager Salary

3 - 16 years exp. (12 salaries)

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₹6.5 L/yr - ₹23.1 L/yr

arrow icon 7% more
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Continental Project Manager Salary

6 - 16 years exp. (9 salaries)

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₹15 L/yr - ₹33 L/yr

arrow icon 75% more
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Magna International Project Manager Salary

5 - 15 years exp. (3 salaries)

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₹12.5 L/yr - ₹32 L/yr

arrow icon 61% more
Project Manager salary at Schaeffler India ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Project Manager in Bangalore / Bengaluru

2mo ago
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15 years exp.

Experience wise Schaeffler India Project Manager salaries in Bangalore / Bengaluru

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.3 L/yr
11 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.3 L/yr
12 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.2 L/yr
13 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.1 L/yr
View all

Similar Designation salaries in Schaeffler India

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₹30 L/yr - ₹45.8 L/yr

Top skills at Schaeffler India for Project Manager

Project Management Claims Project Planning Mechanical Business Studies Production Engineering Cost Management Project Monitoring Supply Chain Project Coordination Project Execution Purchase Budgeting Project Handling Industrial Engineering

Salary related reviews for Schaeffler India

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 .

read more

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

Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 04 Nov 2020

2.0
 for  Salary and Benefits

Likes

During lockdown management has taken care of each and every employee personally by telephonic talk and gives a hope if any criticall condition is there we are here to help uh this increases over trust and loyalty towards our company. Company provides us mask , handgloves and sentizer.

read more
  • Job security - Good

Dislikes

Salary is comparatively good than other companies but career growth is low. Promotions and increments are based on years of experience not on the basis of talent and hard work. So here hardwork no paysoff only years matter which is totally wrong

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Schaeffler India Project Manager Salary FAQs

What is the salary of Project Manager at Schaeffler India in Bangalore / Bengaluru?
The average salary of a Project Manager at Schaeffler India in Bangalore / Bengaluru typically ranges from ₹7.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Project Manager in Bangalore / Bengaluru at Schaeffler India earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Project Manager Salaries at Schaeffler India 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 Schaeffler India employees in India.
What is the estimated take home salary of a Project Manager at Schaeffler India in Bangalore / Bengaluru?
The estimated take-home salary of a Project Manager at Schaeffler India in Bangalore / Bengaluru typically ranges from ₹96,189 to ₹98,787 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 9 years to 15 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 Schaeffler India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Project Manager at Schaeffler India in Bangalore / Bengaluru?
To be a Project Manager at Schaeffler India in Bangalore / Bengaluru, the key skills required include:

  • - Project Management
  • - Claims
  • - Project Planning
  • - Mechanical
  • - Business Studies

These skills are highly valued at Schaeffler India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Schaeffler India for Project Manager in India?
Continental Automotive Components ₹12.3 Lakhs to ₹36.8 Lakhs per year
Continental ₹15.0 Lakhs to ₹33.0 Lakhs per year
Magna International ₹12.5 Lakhs to ₹32.0 Lakhs per year
Yokogawa ₹10.0 Lakhs to ₹30.0 Lakhs per year
Bosch ₹7.5 Lakhs to ₹31.0 Lakhs per year

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

Autoliv ₹6.5 Lakhs to ₹23.1 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 Project Manager at Schaeffler India in Bangalore / Bengaluru?
The salary growth for a Project Manager at Schaeffler India in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Project Manager in Bangalore / Bengaluru can expect the following growth trajectory at Schaeffler India:

Experience Average Salary Range
9 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
10 years ₹12.0 Lakhs to ₹15.3 Lakhs per year
11 years ₹12.7 Lakhs to ₹16.3 Lakhs per year
12 years ₹13.4 Lakhs to ₹17.2 Lakhs per year
and so on.

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Schaeffler India Project Manager salary in Bangalore / Bengaluru ranges between ₹7 Lakhs to ₹20 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.