Tata Motors Mumbai Product Manager Salaries by 10+ Employees (Updated 2024)

2 - 9 years exp.

₹8 Lakhs - ₹25.7 Lakhs

Salary of majority employees

21% less than the average Product Manager Salary in Automobile Companies for 2 - 9 years of experience

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Salaries in different departments

Product Management Product Manager Salary 2 - 9 years exp. (5 salaries)	₹8 L/yr - ₹30 L/yr
Marketing & Communication Product Manager Salary 2 - 8 years exp. (3 salaries)	₹11.5 L/yr - ₹18 L/yr
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Sales & Business Development Product Manager Salary 4 - 9 years exp. (3 salaries)	₹10 L/yr - ₹19.3 L/yr

Last Updated: 30 Nov 2024

Companies similar to Tata Motors for Product Manager in Mumbai

Tata Motors Product Manager Salary

2 - 9 years exp. (18 salaries)

₹8 L/yr - ₹25.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Product Manager Salary 5 - 12 years exp. (27 salaries)	₹8.1 L/yr - ₹26.4 L/yr 13% more	1 job opening
Mahindra Automotives Product Manager Salary 3 - 6 years exp. (3 salaries)	₹10 L/yr - ₹24.6 L/yr 11% more
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ICICI Bank Product Manager Salary 0 - 11 years exp. (2k salaries)	₹7.5 L/yr - ₹27 L/yr 8% more
HDFC Bank Product Manager Salary 0 - 12 years exp. (543 salaries)	₹6 L/yr - ₹25 L/yr 11% less
Axis Bank Product Manager Salary 1 - 14 years exp. (453 salaries)	₹7 L/yr - ₹26.5 L/yr 4% more

Product Manager salary at Tata Motors ranges between ₹8 Lakhs to ₹25.7 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 18 latest salaries received from various employees of Tata Motors.

Experience wise Tata Motors Product Manager salaries in Mumbai

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
2 years (5 salaries)	₹9 L/yr - ₹15 L/yr
3 years (3 salaries)	₹11 L/yr - ₹17 L/yr
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4 years (3 salaries)	₹11.5 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.3 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹29.7 L/yr
7 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹32.4 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹30 L/yr

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Similar Designation salaries in Tata Motors

Project Manager Salary

(4 salaries)

₹8.5 L/yr - ₹17.8 L/yr

Product Specialist Salary

(3 salaries)

₹5.35 L/yr - ₹6.46 L/yr

Salary related reviews for Tata Motors

5.0

Rated by 2 employees for salary & benefits

Product Specialist in New Delhi

Contractual

Sales & Business Development Department

3.0

• posted on 11 Jul 2023

5.0

for Salary and Benefits

Likes

Working culture is good, you will get salary before the time.

Dislikes

Never join Tata motors on Contractual basis, because their is less than 1% chance to be on company payroll and also no job security. Also you will not get TA & DA.

Production Manager in Lucknow

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Oct 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest Technology.I love the fact that I am a part of a team relible.,high-quality products and has a global client base...thanks..

Dislikes

Compensation is decent ,but grouth is slow.

Senior Manager in Pune

Full Time

Research & Development Department

1.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Job security

Dislikes

...increments. HR grievances or redressals dont exist. Disrupted work life balance. No extra pay for extra hours worked.

Territory Sales Manager in Ahmedabad

Full Time

Sales & Business Development Department

3.0

• posted on 11 Sep 2024

4.0

for Salary and Benefits

Likes

Pay is good, you get good job security and working under Tata brand is itself a privilege.

Dislikes

Worst work culture, no fixed timings of work, you'll be preparing reports day and night, and you'll be giving review everyday, unnecessary pressure environment.

Sales Executive in Meerut

Full Time

Sales & Business Development Department

5.0

• posted on 21 Jul 2024

5.0

for Salary and Benefits

Likes

I don't have personal experiences or feelings. However, I can share why many people might enjoy working at Tata Motors. Employees often appreciate the company's strong focus on innovation, its reputation for ethical business practices, opportunities for career growth, and the chance to work on cutting-edge automotive technology. Additionally, Tata Motors is known for its inclusive work culture and commitment to employee well-being

Dislikes

...the hierarchical structure can sometimes slow down decision-making processes. 3. **Compensation**: Some employees feel that the compensation and benefits might not be as competitive as those offered by other leading automotive companies. 4. **Resource constraints**: At times, there might be limited resources for certain projects, leading to increased pressure on teams. 5. **Bureaucracy**: Navigating through the bureaucracy and internal politics can be challenging for some employees. These points are based on general employee feedback and might not reflect everyone's experience at the company.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tata Motors Product Manager Salary FAQs

What is the salary of Product Manager at Tata Motors Mumbai?

Product Manager salary at Tata Motors in Mumbai ranges between ₹8.0 Lakhs to ₹25.7 Lakhs for experience between 2 years to 9 years. According to our estimates it is 21% less than the average Product Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Tata Motors Mumbai.

How does the salary of a Product Manager at Tata Motors Mumbai compare with the average salary range for this job?

The average salary of a Product Manager at Tata Motors is 21% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Tata Motors to a Product Manager in Mumbai?

Mahindra & Mahindra Product Manager Salary - ₹8.1 Lakhs to ₹26.4 Lakhs per year
Mahindra Automotives Product Manager Salary - ₹10.0 Lakhs to ₹24.6 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank Product Manager Salary - ₹7.0 Lakhs to ₹26.5 Lakhs per year

What is the salary of a Product Manager in companies similar to Tata Motors in Mumbai?

HDFC Bank Product Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Tata Motors in Mumbai?

The estimated take-home salary of a Product Manager at Tata Motors ranges between ₹1,09,892 per month to ₹1,12,932 per month in Mumbai. The take-home salary calculation is based on the average Tata Motors Product Manager salary in India which ranges between ₹8.0 Lakhs to ₹25.7 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Tata Motors in Mumbai?

According to AmbitionBox, 86% of the Tata Motors Product Managers in Mumbai reported a notice period of 2 Months, 14% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Tata Motors Product Manager Salaries in Mumbai

Tata Motors Product Manager salary in Mumbai ranges between ₹8 Lakhs to ₹25.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Tata Motors latest salaries received from various employees of Tata Motors.