Thermax Limited Project Manager Salaries by 100+ Employees (Updated 2025)

5 - 18 years exp.

₹5.6 Lakhs - ₹18.1 Lakhs

Salary of majority employees

Fixed (89%)

₹10.6 Lakhs

Variable (11%)

₹1.2 Lakh

32% less than the average Project Manager Salary in Industrial Machinery Companies for 5 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Project & Program Management Project Manager Salary 5 - 18 years exp. (95 salaries)	₹6.2 L/yr - ₹18.8 L/yr
Construction & Site Engineering Project Manager Salary 5 - 18 years exp. (11 salaries)	₹7 L/yr - ₹14.5 L/yr
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Procurement & Supply Chain Project Manager Salary 11 - 18 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr
Production, Manufacturing & Engineering Project Manager Salary 7 - 13 years exp. (3 salaries)	₹6 L/yr - ₹14.5 L/yr
Research & Development Project Manager Salary 6 - 13 years exp. (3 salaries)	₹5.8 L/yr - ₹11.6 L/yr

Last Updated: 28 Feb 2025

Companies similar to Thermax Limited for Project Manager

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Project Manager Salary 7 - 28 years exp. (473 salaries)	₹12 L/yr - ₹43.5 L/yr 109% more
TCS Project Manager Salary 4 - 21 years exp. (3.8k salaries)	₹7 L/yr - ₹30 L/yr 42% more
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Siemens Project Manager Salary 8 - 19 years exp. (279 salaries)	₹10 L/yr - ₹38.5 L/yr 97% more	10 job openings
Honeywell Automation Project Manager Salary 6 - 18 years exp. (89 salaries)	₹8.3 L/yr - ₹30 L/yr 64% more
ABB Project Manager Salary 7 - 20 years exp. (169 salaries)	₹9.1 L/yr - ₹35.1 L/yr 84% more	2 job openings
Johnson Controls Project Manager Salary 9 - 15 years exp. (91 salaries)	₹7 L/yr - ₹24 L/yr 20% more	7 job openings
Blue Star Project Manager Salary 8 - 19 years exp. (39 salaries)	₹7 L/yr - ₹28.3 L/yr 45% more
Kirloskar Brothers Project Manager Salary 7 - 28 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 26% more
BHEL Project Manager Salary 10 - 17 years exp. (65 salaries)	₹12 L/yr - ₹32.5 L/yr 96% more
CG Power and Industrial Solutions Project Manager Salary 11 - 25 years exp. (17 salaries)	₹12.5 L/yr - ₹23 L/yr 25% more
Voltas Project Manager Salary 11 - 23 years exp. (65 salaries)	₹8.5 L/yr - ₹27 L/yr 42% more
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EMERSON PROCESS MANAGEMENT Project Manager Salary 10 - 19 years exp. (59 salaries)	₹9 L/yr - ₹33.4 L/yr 67% more
Flowserve Project Manager Salary 1 - 15 years exp. (43 salaries)	₹5.1 L/yr - ₹18 L/yr 7% less
Cummins Project Manager Salary 4 - 15 years exp. (35 salaries)	₹7 L/yr - ₹20.4 L/yr 30% more	2 job openings
Tata Power Project Manager Salary 4 - 19 years exp. (29 salaries)	₹6.9 L/yr - ₹25 L/yr 22% more
Caterpillar Inc Project Manager Salary 7 - 20 years exp. (28 salaries)	₹12 L/yr - ₹44 L/yr 117% more
Atlas Copco Project Manager Salary 6 - 22 years exp. (28 salaries)	₹12 L/yr - ₹40 L/yr 98% more
John Deere Project Manager Salary 6 - 19 years exp. (25 salaries)	₹14.5 L/yr - ₹42 L/yr 117% more
KONE Project Manager Salary 8 - 20 years exp. (22 salaries)	₹9.8 L/yr - ₹35 L/yr 103% more	2 job openings
TechnipFMC Project Manager Salary 8 - 14 years exp. (21 salaries)	₹11 L/yr - ₹25 L/yr 53% more

View all

Project Manager salary at Thermax Limited ranges between ₹5.6 Lakhs to ₹18.1 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 139 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Project Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
5 years (7 salaries)	₹5.6 L/yr - ₹11 L/yr
6 years (4 salaries)	₹5.8 L/yr - ₹15.9 L/yr
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7 years (8 salaries)	₹6 L/yr - ₹12.5 L/yr
8 years (10 salaries)	₹7.1 L/yr - ₹13 L/yr
9 years (11 salaries)	₹6.2 L/yr - ₹16.5 L/yr
10 years (14 salaries)	₹6.2 L/yr - ₹15.5 L/yr
11 years (14 salaries)	₹7 L/yr - ₹15.5 L/yr
12 years (15 salaries)	₹8 L/yr - ₹16.1 L/yr
13 years (17 salaries)	₹8 L/yr - ₹17 L/yr
14 years (14 salaries)	₹8 L/yr - ₹17.7 L/yr
15+ years (25 salaries)	₹8 L/yr - ₹24.3 L/yr

View all

Similar Designation salaries in Thermax Limited

Product Manager Salary

(16 salaries)

₹7 L/yr - ₹19 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹29.3 L/yr - ₹37.4 L/yr

Senior Project Manager Salary

(5 salaries)

₹16 L/yr - ₹29.5 L/yr

Project Coordinator Salary

(7 salaries)

₹3.3 L/yr - ₹6.41 L/yr

Technical Manager Salary

(4 salaries)

₹6 L/yr - ₹12 L/yr

Engineering Manager Salary

(5 salaries)

₹7 L/yr - ₹23.2 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Associate Project Manager Salary

(7 salaries)

₹9.35 L/yr - ₹14.6 L/yr

Business Analyst Salary

(5 salaries)

₹5 L/yr - ₹8.52 L/yr

Top skills at Thermax Limited for Project Manager

Project Management Project Execution Vendor Management Project Monitoring Project Planning Project Execution Project Scheduling Project Management Project Handling Commissioning Operations Management Project Control Operations Management CRM Water Treatment

Salary related reviews for Thermax Limited

3.2

Rated by 41 employees for salary & benefits

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

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

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Project Manager Salary FAQs

What is the salary of Project Manager at Thermax Limited?

Project Manager salary at Thermax Limited in India ranges between ₹5.6 Lakhs to ₹18.1 Lakhs for experience between 5 years to 18 years. According to our estimates it is 32% less than the average Project Manager Salary in India. Salary estimates are based on 139 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Project Manager at Thermax Limited is 32% less than the average salary of a Project Manager in India. To know exact salary insights, login to view.

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

Project Management, Project Execution, Vendor Management, Project Monitoring and Project Planning are some of the popular skills required to work as a Project Manager at Thermax Limited India.

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

GKN Project Manager Salary - ₹30.0 Lakhs to ₹34.5 Lakhs per year
John Deere Project Manager Salary - ₹14.5 Lakhs to ₹42.0 Lakhs per year
Caterpillar Inc Project Manager Salary - ₹12.0 Lakhs to ₹44.0 Lakhs per year
Larsen & Toubro Limited Project Manager Salary - ₹12.0 Lakhs to ₹43.5 Lakhs per year
KONE Project Manager Salary - ₹9.8 Lakhs to ₹35.0 Lakhs per year

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

Atlas Copco Project Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
Siemens Project Manager Salary - ₹10.0 Lakhs to ₹38.5 Lakhs per year
BHEL Project Manager Salary - ₹12.0 Lakhs to ₹32.5 Lakhs per year
ABB Project Manager Salary - ₹9.1 Lakhs to ₹35.1 Lakhs per year
Hilti Project Manager Salary - ₹9.2 Lakhs to ₹35.5 Lakhs per year

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

The estimated take-home salary of a Project Manager at Thermax Limited ranges between ₹84,164 per month to ₹86,364 per month in India. The take-home salary calculation is based on the average Thermax Limited Project Manager salary in India which ranges between ₹5.6 Lakhs to ₹18.1 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 73% of the Thermax Limited Project Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 107 responses on AmbitionBox in last 2 years.

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Thermax Limited Project Manager Salaries

Thermax Limited Project Manager salary in India ranges between ₹5.6 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 139 Thermax Limited latest salaries received from various employees of Thermax Limited.