SKF Product Development Manager Salaries by 4 Employees (Updated 2025)

13 - 16 years exp.

₹20 Lakhs - ₹28.6 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Product Development Manager Salary in Auto Components Companies for 13 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Product Development Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹21 L/yr
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Research & Development Product Development Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹23.7 L/yr - ₹28.6 L/yr

Last Updated: 25 Apr 2023

Companies similar to SKF for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Product Development Manager Salary 8 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹14.7 L/yr 54% less
Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 47% less
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Imperial Auto Industries Product Development Manager Salary 8 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹12.2 L/yr 56% less
American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 30% more
HARMAN Product Development Manager Salary 10 - 16 years exp. (28 salaries)	₹15.2 L/yr - ₹37 L/yr 8% more

Product Development Manager salary at SKF ranges between ₹20 Lakhs to ₹28.6 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SKF.

Experience wise SKF Product Development Manager salaries

Last Updated: 25 Apr 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹21 L/yr - ₹39.4 L/yr
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15+ years (AmbitionBox Estimate)	₹23.7 L/yr - ₹28.6 L/yr

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(23 salaries)

₹6 L/yr - ₹18 L/yr

Customer Service Executive Salary

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₹3 L/yr - ₹11 L/yr

Team Lead Salary

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Senior Engineer Salary

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General Manager Salary

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Project Manager Salary

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Team Member Salary

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₹2.8 L/yr - ₹10.55 L/yr

Salary related reviews for SKF

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Job security - Excellent

+3 more

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Promotions - Bad

Project Trainee in Pune

Research & Development Department

5.0

• posted on 31 Jan 2022

5.0

for Salary and Benefits

Likes

On of the best companies to accelerate your career in Manufacturing technology and Design. Very humble and helpful colleagues and seniors who will help you in whenever needed.

Salary - Excellent

+6 more

Dislikes

Apart from salary everything was really good. I had a good learning experience here and got to know how the corporate world works.

Internship Trainee in Pune

Intern

Six Sigma Department

5.0

• posted on 31 Dec 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Salary is good. There is a bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Salary - Bad

+5 more

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Salary - Good

+5 more

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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SKF Product Development Manager Salary FAQs

What is the salary of Product Development Manager at SKF?

Product Development Manager salary at SKF in India ranges between ₹20.0 Lakhs to ₹28.6 Lakhs for experience between 13 years to 16 years. According to our estimates it is 9% more than the average Product Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SKF India.

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

The average salary of a Product Development Manager at SKF is 9% more than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

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

American Express Product Development Manager Salary - ₹20.0 Lakhs to ₹38.0 Lakhs per year
HARMAN Product Development Manager Salary - ₹15.2 Lakhs to ₹37.0 Lakhs per year

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

Bosch Product Development Manager Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year
Schaeffler India Product Development Manager Salary - ₹8.3 Lakhs to ₹14.7 Lakhs per year
Imperial Auto Industries Product Development Manager Salary - ₹7.5 Lakhs to ₹12.2 Lakhs per year

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

The estimated take-home salary of a Product Development Manager at SKF ranges between ₹1,50,794 per month to ₹1,56,476 per month in India. The take-home salary calculation is based on the average SKF Product Development Manager salary in India which ranges between ₹20.0 Lakhs to ₹28.6 Lakhs per year for employees with experience between 13 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at SKF?

According to AmbitionBox, 50% of the SKF Product Development Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SKF Product Development Manager Salaries

SKF Product Development Manager salary in India ranges between ₹20 Lakhs to ₹28.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SKF latest salaries received from various employees of SKF.