Thermax Limited Product Manager Salaries by 10+ Employees

1 - 22 years exp.

₹7 Lakhs - ₹19 Lakhs

Salary of majority employees

36% less than the average Product Manager Salary in Industrial Machinery Companies for 1 - 22 years of experience

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Salaries in different departments

Sales & Business Development Product Manager Salary 5 - 19 years exp. (7 salaries)	₹7.6 L/yr - ₹18 L/yr
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Product Management Product Manager Salary 1 - 16 years exp. (6 salaries)	₹7 L/yr - ₹19 L/yr

Last Updated: 29 Mar 2024

Companies similar to Thermax Limited for Product Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Product Manager Salary 5 - 23 years exp. (4 salaries)	₹8.4 L/yr - ₹13.6 L/yr 20% less
BHEL Product Manager Salary 2 - 15 years exp. (4 salaries)	₹17 L/yr - ₹30 L/yr 83% more
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Siemens Product Manager Salary 7 - 17 years exp. (68 salaries)	₹11 L/yr - ₹45 L/yr 92% more	1 job opening
Larsen & Toubro Limited Product Manager Salary 1 - 14 years exp. (29 salaries)	₹6 L/yr - ₹22.4 L/yr 2% less
Cummins Product Manager Salary 3 - 16 years exp. (6 salaries)	₹13.4 L/yr - ₹35.6 L/yr 48% more
ABB Product Manager Salary 4 - 19 years exp. (37 salaries)	₹11.7 L/yr - ₹40 L/yr 64% more
Tata Power Product Manager Salary 1 year exp. (3 salaries)	₹10.5 L/yr - ₹16 L/yr At par
CG Power and Industrial Solutions Product Manager Salary 3 - 11 years exp. (12 salaries)	₹17.1 L/yr - ₹23.5 L/yr 46% more
Voltas Product Manager Salary 6 - 21 years exp. (6 salaries)	₹6 L/yr - ₹18 L/yr 20% less
Blue Star Product Manager Salary 10 - 14 years exp. (7 salaries)	₹22.3 L/yr - ₹32 L/yr 84% more
John Deere Product Manager Salary 8 - 19 years exp. (20 salaries)	₹25.5 L/yr - ₹60 L/yr 218% more	1 job opening
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Hilti Product Manager Salary 3 - 16 years exp. (18 salaries)	₹16.5 L/yr - ₹37 L/yr 125% more
Fuji Electric Product Manager Salary 11 - 14 years exp. (5 salaries)	₹4.6 L/yr - ₹17.3 L/yr 28% less
Stanley Black & Decker Product Manager Salary 5 - 12 years exp. (5 salaries)	₹24.7 L/yr - ₹30 L/yr 104% more
EMERSON PROCESS MANAGEMENT Product Manager Salary 6 - 17 years exp. (4 salaries)	₹24 L/yr - ₹40 L/yr 161% more
Flowserve Product Manager Salary 6 - 14 years exp. (4 salaries)	₹16.3 L/yr - ₹40 L/yr 80% more
Sany Heavy Industry Product Manager Salary 7 - 15 years exp. (4 salaries)	₹8 L/yr - ₹12.5 L/yr 25% less
Caterpillar Inc Product Manager Salary 8 - 12 years exp. (3 salaries)	₹30 L/yr - ₹43 L/yr 135% more
Atlas Copco Product Manager Salary 3 - 15 years exp. (3 salaries)	₹7.9 L/yr - ₹22.3 L/yr 17% more
TÜV SÜD Product Manager Salary 13 - 16 years exp. (3 salaries)	₹15 L/yr - ₹27 L/yr 48% more

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Product Manager salary at Thermax Limited ranges between ₹7 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 22 years. Salary estimates are based on 16 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Product Manager salaries

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹13.9 L/yr
2 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹11 L/yr
6 years (3 salaries)	₹7.8 L/yr - ₹19.1 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.1 L/yr
8 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
9 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
10 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.9 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹24.3 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹25.3 L/yr
13 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹18 L/yr
15+ years (4 salaries)	₹16 L/yr - ₹19 L/yr

View all

Similar Designation salaries in Thermax Limited

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Senior Project Manager Salary

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Associate Product Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Assistant Product Manager Salary

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Business Analyst Salary

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Top skills at Thermax Limited for Product Manager

Costing Product Positioning Product Portfolio Product Marketing Sales Support Product Training Analytical skills EPC Product Management Product Development Manufacturing Process Heating New Product Development Competition Mapping Boiler

Salary related reviews for Thermax Limited

2.6

Rated by 2 employees for salary & benefits

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 more

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

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

see more salary related reviews

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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Thermax Limited Product Manager Salary FAQs

What is the salary of Product Manager at Thermax Limited?

Product Manager salary at Thermax Limited in India ranges between ₹7.0 Lakhs to ₹19.0 Lakhs for experience between 1 years to 22 years. According to our estimates it is 36% less than the average Product Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Product Manager at Thermax Limited is 36% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at Thermax Limited?

Costing, Product Positioning, Product Portfolio, Product Marketing and Sales Support are some of the popular skills required to work as a Product Manager at Thermax Limited India.

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

John Deere Product Manager Salary - ₹25.5 Lakhs to ₹60.0 Lakhs per year
EMERSON PROCESS MANAGEMENT Product Manager Salary - ₹24.0 Lakhs to ₹40.0 Lakhs per year
Caterpillar Inc Product Manager Salary - ₹30.0 Lakhs to ₹43.0 Lakhs per year
Hilti Product Manager Salary - ₹16.5 Lakhs to ₹37.0 Lakhs per year
Stanley Black & Decker Product Manager Salary - ₹24.7 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Product Manager in companies similar to Thermax Limited in India?

Siemens Product Manager Salary - ₹11.0 Lakhs to ₹45.0 Lakhs per year
Blue Star Product Manager Salary - ₹22.3 Lakhs to ₹32.0 Lakhs per year
BHEL Product Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Flowserve Product Manager Salary - ₹16.3 Lakhs to ₹40.0 Lakhs per year
ABB Product Manager Salary - ₹11.7 Lakhs to ₹40.0 Lakhs per year

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

The estimated take-home salary of a Product Manager at Thermax Limited ranges between ₹96,393 per month to ₹98,998 per month in India. The take-home salary calculation is based on the average Thermax Limited Product Manager salary in India which ranges between ₹7.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 1 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Thermax Limited?

According to AmbitionBox, 50% of the Thermax Limited Product Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Thermax Limited Product Manager Salaries

Thermax Limited Product Manager salary in India ranges between ₹7 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Thermax Limited latest salaries received from various employees of Thermax Limited.