Thermax Limited Head of Product Salaries by 4 Employees (Updated 2025)

15 - 24 years exp.

₹16.5 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Head of Product Salary in Industrial Machinery Companies for 15 - 24 years of experience

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Salaries in different departments

Sales & Business Development Head of Product Salary 15 - 24 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹28 L/yr
Project & Program Management Head of Product Salary 21 years exp. (AmbitionBox Estimate)	₹14.9 L/yr - ₹18.2 L/yr
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Energy & Mining Head of Product Salary 17 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹22.7 L/yr

Last Updated: 5 Feb 2025

Companies similar to Thermax Limited for Head of Product

Company name	Avg Annual Salary	Open Jobs
Siemens Head of Product Salary 17 - 20 years exp. (3 salaries)	₹25.5 L/yr - ₹30.4 L/yr 63% more
Sany Heavy Industry Head of Product Salary 20 - 24 years exp. (4 salaries)	₹26.5 L/yr - ₹28.5 L/yr 63% more
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EMERSON PROCESS MANAGEMENT Head of Product Salary 16 - 23 years exp. (3 salaries)	₹19.8 L/yr - ₹35 L/yr 46% more
Havells Head of Product Salary 13 - 21 years exp. (73 salaries)	₹13 L/yr - ₹37.4 L/yr 26% more
ICICI Bank Head of Product Salary 15 - 27 years exp. (23 salaries)	₹22 L/yr - ₹72.8 L/yr 146% more

Head of Product salary at Thermax Limited ranges between ₹16.5 Lakhs to ₹28 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Head of Product salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹16.5 L/yr - ₹28 L/yr
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Salary related reviews for Thermax Limited

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

Control Room Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Nov 2023

4.0

for Salary and Benefits

Likes

Working culture is good,job is 100% secure.salary credit to account in time.Learing and skill development opportunities is very good. safe work environment with regular safety training.overally a good working experience with Thermax Ltd.

Salary - Good

+5 more

Dislikes

salary structure is not as much good as per your expectations.also yearly increment need to improve.Though Bachelor accomodation is provided but in some site it is very bad

Instrument Engineer in Dahej

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 19 Mar 2023

5.0

for Salary and Benefits

Likes

Salary on time without any single day delay Team members and it's culture excellent excluding management team Work life balance so good

Salary - Excellent

+2 more

Dislikes

Internal politics No increment 800-1200 No promotion due to internal politics No spare instruments have Clint side company 10-12 times i repaired sov but till date i didn't get new sov or any instrument you have to serviced it and again mounted no new or spare instruments issued from material management team

Skill development - Poor

+3 more

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 more

Mechanical Maintenance Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Feb 2022

5.0

for Salary and Benefits

Likes

Best cultur for work, salary is every month 1 date compulsory, mess , gest house no cost , very smooth work, hr policy is very strong.

Salary - Excellent

+6 more

Dislikes

In the mechanical department many places only single incharge, so that work pressure and documentation is very high.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Thermax Limited Head of Product Salary FAQs

What is the salary of Head of Product at Thermax Limited?

Head of Product salary at Thermax Limited in India ranges between ₹16.5 Lakhs to ₹28.0 Lakhs for experience between 15 years to 24 years. According to our estimates it is 40% less than the average Head of Product Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Head of Product at Thermax Limited India compare with the average salary range for this job?

The average salary of a Head of Product at Thermax Limited is 40% less than the average salary of a Head of Product in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Head of Product in India?

ICICI Bank Head of Product Salary - ₹22.0 Lakhs to ₹72.8 Lakhs per year
Siemens Head of Product Salary - ₹25.5 Lakhs to ₹30.4 Lakhs per year
Sany Heavy Industry Head of Product Salary - ₹26.5 Lakhs to ₹28.5 Lakhs per year
EMERSON PROCESS MANAGEMENT Head of Product Salary - ₹19.8 Lakhs to ₹35.0 Lakhs per year
Havells Head of Product Salary - ₹13.0 Lakhs to ₹37.4 Lakhs per year

What is the estimated take home salary of a Head of Product at Thermax Limited in India?

The estimated take-home salary of a Head of Product at Thermax Limited ranges between ₹1,15,424 per month to ₹1,18,644 per month in India. The take-home salary calculation is based on the average Thermax Limited Head of Product salary in India which ranges between ₹16.5 Lakhs to ₹28.0 Lakhs per year for employees with experience between 15 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Head of Product at Thermax Limited?

According to AmbitionBox, 100% of the Thermax Limited Head of Products reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Thermax Limited Head of Product Salaries

Thermax Limited Head of Product salary in India ranges between ₹16.5 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.