Thermax Limited Pune Head of Product Salaries by 3 Employees (Updated 2025)

15 - 24 years exp.

₹17 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

5% 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
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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 in Pune

Thermax Limited Head of Product Salary

15 - 24 years exp. (3 salaries)

₹17 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Sany Heavy Industry Head of Product Salary 20 - 24 years exp. (3 salaries)	₹26.5 L/yr - ₹28.5 L/yr 27% more
Havells Head of Product Salary 14 - 20 years exp. (10 salaries)	₹17 L/yr - ₹29.9 L/yr 4% more
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Varroc Group Head of Product Salary 6 - 19 years exp. (9 salaries)	₹17.3 L/yr - ₹36.7 L/yr 23% more
Cipla Head of Product Salary 12 - 23 years exp. (6 salaries)	₹13 L/yr - ₹31.5 L/yr 3% less
Bajaj Finserv Head of Product Salary 4 - 15 years exp. (5 salaries)	₹40 L/yr - ₹55 L/yr 109% more

Head of Product salary at Thermax Limited ranges between ₹17 Lakhs to ₹28 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Head of Product salaries in Pune

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
15+ years (3 salaries)	₹17 L/yr - ₹28 L/yr
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Salary related reviews for Thermax Limited

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Thermax Limited Head of Product Salary FAQs

How the salary growth look like for a Head of Product at Thermax Limited in Pune?

The salary growth for a Head of Product at Thermax Limited in Pune depends on factors such as experience, performance, and promotions. On average, a Head of Product in Pune can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
15 years	₹17.0 Lakhs to ₹28.0 Lakhs per year

and so on.

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Thermax Limited Head of Product Salaries in Pune

Thermax Limited Head of Product salary in Pune ranges between ₹17 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.