Thermax Limited Pune Product Manager Salaries by 10+ Employees

1 - 22 years exp.

₹7 Lakhs - ₹19 Lakhs

Salary of majority employees

39% 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. (4 salaries)	₹7 L/yr - ₹19 L/yr

Last Updated: 29 Mar 2024

Companies similar to Thermax Limited for Product Manager in Pune

Thermax Limited Product Manager Salary

1 - 22 years exp. (12 salaries)

₹7 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
John Deere Product Manager Salary 8 - 19 years exp. (17 salaries)	₹25.5 L/yr - ₹60 L/yr 184% more	3 job openings
Kirloskar Oil Engines Product Manager Salary 3 - 10 years exp. (12 salaries)	₹6.5 L/yr - ₹14.7 L/yr 7% less
Login to view exact salary
Cummins Product Manager Salary 3 - 16 years exp. (6 salaries)	₹12.1 L/yr - ₹26.1 L/yr 44% more
Alfa Laval Product Manager Salary 6 - 12 years exp. (3 salaries)	₹18 L/yr - ₹25 L/yr 63% more
Sany Heavy Industry Product Manager Salary 7 - 15 years exp. (3 salaries)	₹8.8 L/yr - ₹12.5 L/yr 17% less

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 12 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Product Manager salaries in Pune

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹13 L/yr
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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3 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹18.2 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
9 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹23.4 L/yr
12 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
13 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹18 L/yr
15+ years (3 salaries)	₹6.9 L/yr - ₹19 L/yr

View all

Similar Designation salaries in Thermax Limited

Deputy Manager Salary

(123 salaries)

₹7.3 L/yr - ₹20.1 L/yr

Project Manager Salary

(101 salaries)

₹6 L/yr - ₹19.5 L/yr

Production Manager Salary

(8 salaries)

₹10.5 L/yr - ₹14.35 L/yr

Business Analyst Salary

(5 salaries)

₹5 L/yr - ₹8.2 L/yr

Senior Project Manager Salary

(4 salaries)

₹16 L/yr - ₹29.5 L/yr

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Thermax Limited Product Manager Salary FAQs

What is the salary of Product Manager at Thermax Limited in Pune?

The average salary of a Product Manager at Thermax Limited in Pune typically ranges from ₹7.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 1 year to 22 years).

The top 10% of Product Manager in Pune at Thermax Limited earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Product Manager Salaries at Thermax Limited 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+ Thermax Limited employees in India.

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

The estimated take-home salary of a Product Manager at Thermax Limited in Pune typically ranges from ₹93,630 to ₹96,145 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 1 year to 22 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 Thermax Limited. 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 Thermax Limited in Pune?

To be a Product Manager at Thermax Limited in Pune, the key skills required include:

- Costing
- Product Positioning
- Product Portfolio
- Product Marketing
- Sales Support

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

Which companies offer higher salaries than Thermax Limited for Product Manager in India?

John Deere	₹25.5 Lakhs to ₹60.0 Lakhs per year
Alfa Laval	₹18.0 Lakhs to ₹25.0 Lakhs per year
Cummins	₹12.1 Lakhs to ₹26.1 Lakhs per year

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

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

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

Kirloskar Oil Engines	₹6.5 Lakhs to ₹14.7 Lakhs per year
Sany Heavy Industry	₹8.8 Lakhs to ₹12.5 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 Thermax Limited in Pune?

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

Experience	Average Salary Range
1 year	₹7.0 Lakhs to ₹13.0 Lakhs per year
2 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
4 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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Thermax Limited Product Manager Salaries in Pune

Thermax Limited Product Manager salary in Pune ranges between ₹7 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Thermax Limited latest salaries received from various employees of Thermax Limited.