Tech Mahindra Mumbai Product Manager Salaries by 10+ Employees (Updated 2025)

4 - 15 years exp.

₹11 Lakhs - ₹27 Lakhs

Salary of majority employees

5% more than the average Product Manager Salary in IT Services & Consulting Companies for 4 - 15 years of experience

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Salaries in different departments

Product Management Product Manager Salary 8 - 13 years exp. (6 salaries)	₹13 L/yr - ₹27 L/yr
Data Science & Analytics Product Manager Salary 7 - 15 years exp. (3 salaries)	₹15.1 L/yr - ₹27 L/yr
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Engineering - Software & QA Product Manager Salary 14 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹24 L/yr
Project & Program Management Product Manager Salary 9 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹24 L/yr

Last Updated: 15 Feb 2025

Companies similar to Tech Mahindra for Product Manager in Mumbai

Tech Mahindra Product Manager Salary

4 - 15 years exp. (14 salaries)

₹11 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Product Manager Salary 3 - 18 years exp. (52 salaries)	₹6.6 L/yr - ₹29 L/yr 24% less
Accenture Product Manager Salary 4 - 14 years exp. (32 salaries)	₹13 L/yr - ₹36 L/yr 23% more	2 job openings
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Infosys Product Manager Salary 5 - 10 years exp. (14 salaries)	₹14 L/yr - ₹25.1 L/yr 8% less	4 job openings
LTIMindtree Product Manager Salary 5 - 12 years exp. (13 salaries)	₹13.7 L/yr - ₹35 L/yr 5% more
Capgemini Product Manager Salary 1 - 14 years exp. (11 salaries)	₹11.5 L/yr - ₹24 L/yr 9% less
Wipro Product Manager Salary 2 - 13 years exp. (7 salaries)	₹14 L/yr - ₹28 L/yr 12% less	4 job openings
Datamatics Global Services Product Manager Salary 12 - 13 years exp. (5 salaries)	₹24.5 L/yr - ₹36 L/yr 22% more
HCLTech Product Manager Salary 1 - 11 years exp. (5 salaries)	₹10 L/yr - ₹23 L/yr 13% less
IBM Product Manager Salary 4 - 6 years exp. (4 salaries)	₹11.3 L/yr - ₹30.1 L/yr 19% more	1 job opening
Tata Group Product Manager Salary 4 - 9 years exp. (4 salaries)	₹18 L/yr - ₹53 L/yr 60% more

Product Manager salary at Tech Mahindra ranges between ₹11 Lakhs to ₹27 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 14 latest salaries received from various employees of Tech Mahindra.

Experience wise Tech Mahindra Product Manager salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.4 L/yr
5 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹21 L/yr
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6 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
7 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
9 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
10 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.1 L/yr
11 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.7 L/yr
12 years (3 salaries)	₹8.8 L/yr - ₹27 L/yr
13 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹26 L/yr
14 years (3 salaries)	₹11 L/yr - ₹24 L/yr
15+ years (AmbitionBox Estimate)	₹22 L/yr - ₹28.2 L/yr

View all

Similar Designation salaries in Tech Mahindra

Project Manager Salary

(181 salaries)

₹10 L/yr - ₹34.88 L/yr

Program Manager Salary

(47 salaries)

₹12 L/yr - ₹45 L/yr

Scrum Master Salary

(13 salaries)

₹6.6 L/yr - ₹22 L/yr

Product Owner Salary

(4 salaries)

₹18.06 L/yr - ₹30.05 L/yr

Top skills at Tech Mahindra for Product Manager

Product Management Agile Product Management SQL Problem Solving Project Management Program Management Data Analysis AWS Java Product Strategy Web Services Linux Winforms Manufacturing

Salary related reviews for Tech Mahindra

1.0

Rated by 3 employees for salary & benefits

Product Manager in Mumbai

Full Time

Project & Program Management Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing to like here.

Dislikes

- work culture - management - salary - no appraisals - they will hire you for for the role you applied for but the work will be different from your job roles and responsibilities

Salary - Bad

+6 more

Business Analyst in Mumbai

Full Time

Quality Assurance Department

2.0

• posted on 18 Nov 2024

2.0

for Salary and Benefits

Likes

Salary on time

Job security - Good

Dislikes

Many....no work life balance Transport clubbing issue No appraisal No extra perks Undeserving people get promotion Undeserving people are on higher management Currently in the poorest department of all no RNR if there is any in that too they award the managers and not the employees who has done all the hard work No appreciation

Salary - Poor

+5 more

Project Manager in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 19 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like in tech mahindra

Dislikes

I served almost 13 years of experience and handled around 30members team .My role was project manager and my salary is not as per my experience and even they deducted 20% salary 4 years.No standard aprisal process.

Salary - Bad

+5 more

Business Analyst in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

No likes see this platform is also not provided to use pathetic word the says you use inappropriate words

Dislikes

Nothing company is worst, no pramotion no salary hike nothing no one is support, no one is care about the employee they treat us like dogs, worst company and worst supervisor and HR's

Salary - Bad

+6 more

Project Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 26 Oct 2023

2.0

for Salary and Benefits

Likes

Learning opportunities, wide array of technologies, dozens of customers, decent bench management -- get placed within few days in most cases, buses to different locations, decent campus.

Skill development - Good

+1 more

Dislikes

Variable pay cut for P1 band and above, sometimes made known. Sometimes, just deducted without prior information. Personal financials take a tool and mess up.

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about Tech Mahindra

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Tech lead - Tech Mahindra or IBM

I have 2 offers in same location : Need guidance to choose one 1) Tech Mahindra (U4) Fixed 23.9 Variable 2.6=26.5 No joining bonus Project details informed already 2)IBM(7B) Fixed 21.37 + Variable 0-10% Joining bonus is 1 lakh Your Responses and thoughts will be appreciated. Thank you

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Tech Mahindra Product Manager Salary FAQs

What is the salary of Product Manager at Tech Mahindra in Mumbai?

The average salary of a Product Manager at Tech Mahindra in Mumbai typically ranges from ₹11.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Product Manager in Mumbai at Tech Mahindra earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Product Manager Salaries at Tech Mahindra 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 10+ Tech Mahindra employees in India.

What is the estimated take home salary of a Product Manager at Tech Mahindra in Mumbai?

The estimated take-home salary of a Product Manager at Tech Mahindra in Mumbai typically ranges from ₹1,39,774 to ₹1,44,958 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 4 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 10+ salaries received from various employees of Tech Mahindra. 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 Tech Mahindra in Mumbai?

To be a Product Manager at Tech Mahindra in Mumbai, the key skills required include:

- Product Management
- Agile
- Product Management
- SQL
- Problem Solving

These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tech Mahindra for Product Manager in India?

Tata Group	₹18.0 Lakhs to ₹53.0 Lakhs per year
Accenture	₹13.0 Lakhs to ₹36.0 Lakhs per year
Datamatics Global Services	₹24.5 Lakhs to ₹36.0 Lakhs per year
IBM	₹11.3 Lakhs to ₹30.1 Lakhs per year
LTIMindtree	₹13.7 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tech Mahindra, depending on the role and experience level.

What is the salary of a Product Manager in companies similar to Tech Mahindra in Mumbai?

The salary of a Product Manager at companies similar to Tech Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Infosys	₹14.0 Lakhs to ₹25.1 Lakhs per year
Capgemini	₹11.5 Lakhs to ₹24.0 Lakhs per year
Wipro	₹14.0 Lakhs to ₹28.0 Lakhs per year
HCLTech	₹10.0 Lakhs to ₹23.0 Lakhs per year
TCS	₹6.6 Lakhs to ₹29.0 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 Tech Mahindra in Mumbai?

The salary growth for a Product Manager at Tech Mahindra 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 Tech Mahindra:

Experience	Average Salary Range
4 years	₹15.9 Lakhs to ₹20.4 Lakhs per year
5 years	₹16.4 Lakhs to ₹21.0 Lakhs per year
6 years	₹16.9 Lakhs to ₹21.6 Lakhs per year
7 years	₹17.4 Lakhs to ₹22.2 Lakhs per year

and so on.

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Tech Mahindra Product Manager Salaries in Mumbai

Tech Mahindra Product Manager salary in Mumbai ranges between ₹11 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Tech Mahindra latest salaries received from various employees of Tech Mahindra.