ZF Steering Gear Product Manager Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹14 Lakhs - ₹35 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

5% more than the average Product Manager Salary in Auto Components Companies for 8 - 11 years of experience

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Salaries in different departments

Product Management Product Manager Salary 8 years exp. (AmbitionBox Estimate)	₹26 L/yr - ₹35 L/yr
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Research & Development Product Manager Salary 8 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 4 Jan 2025

Companies similar to ZF Steering Gear for Product Manager

Company name	Avg Annual Salary	Open Jobs
Rane Brake Lining Product Manager Salary 5 - 7 years exp. (4 salaries)	₹5.6 L/yr - ₹6 L/yr 75% less
SEG Automotive Product Manager Salary 4 - 9 years exp. (4 salaries)	₹12.5 L/yr - ₹17 L/yr 36% less
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ABC Bearings Product Manager Salary 7 - 13 years exp. (3 salaries)	₹18.2 L/yr - ₹45 L/yr 24% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (3.1k salaries)	₹7.5 L/yr - ₹27.3 L/yr 23% less
HDFC Bank Product Manager Salary 0 - 14 years exp. (839 salaries)	₹7 L/yr - ₹25 L/yr 34% less

Product Manager salary at ZF Steering Gear ranges between ₹14 Lakhs to ₹35 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of ZF Steering Gear.

Experience wise ZF Steering Gear Product Manager salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
8 years (3 salaries)	₹16 L/yr - ₹35 L/yr
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11 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

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₹30 L/yr - ₹33.52 L/yr

Assistant Product Manager Salary

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₹6.6 L/yr - ₹9.5 L/yr

Business Analyst Salary

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₹4.8 L/yr - ₹7.5 L/yr

Top skills at ZF Steering Gear for Product Manager

Project Management Automotive Consulting Communication Skills Architectural Design Azure Mechanical Service Delivery Engineering Change Management

Salary related reviews for ZF Steering Gear

Hil Test Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 31 Jan 2025

1.0

for Salary and Benefits

Likes

Team is good

Dislikes

1.There is no growth at all. 2️⃣ No promotions, no salary hike. 3️⃣ The first issue is that our division's management is not good. 4️⃣ They are interfering in our personal lives too, not just work. 5️⃣ There is no freedom at all. 6️⃣ Micro-management is too mu

Salary - Bad

+6 more

Engineer Trainee in Pune

Full Time

Media Production & Entertainment Department

2.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

I joined this company initially. Then they gave us training for four days. Exams were conducted on whatever was taught in the training.Skill development improved greatly due to training and physical work.

Job security - Good

+1 more

Dislikes

As per the interview, the nature of the work was different in the company. The salary was very low for the work. There is no match between the job designation and the work there. One has to work standing for eight hours.No chance of sitting

Salary - Bad

+3 more

Senior Production Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Jul 2023

4.0

for Salary and Benefits

Likes

Work culture is good, self skill development with working, salary packages are good as par experience.

Salary - Good

+6 more

Dislikes

No further growth opportunity, You have to handle all your work related activity , more work burdon.

Specialist in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

Market standard salary, good benefits such as helath insurance will be provided to the parents without any extra amount. OSS domain is in boom and good job security.

Salary - Excellent

+2 more

Dislikes

Work life balance, promotions, HR related things. Poor VPN network, very difficult to do WFH if they provide option also.

Work-life balance - Bad

Quaity Control Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 Feb 2023

1.0

for Salary and Benefits

Likes

The company is very good. I really like its technology environment. All the things rule, regulations, discipline and also its fooding facility is good.

Job security - Excellent

+1 more

Dislikes

Company environment is good. But in the salary part, there is big fraud between HR NITIN AND CONTRACTOR ABHIJEET(Perfect contract) . They are the big fraud in this company. They know only how to earn money without doing any work. Shame on them. These types of people ruined the company reputation. These people only know how to eat the salary of the workers.

Salary - Bad

+1 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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ZF Steering Gear Product Manager Salary FAQs

What is the salary of Product Manager at ZF Steering Gear ?

The average salary of a Product Manager at ZF Steering Gear in India typically ranges from ₹14.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Product Manager at ZF Steering Gear earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Product Manager Salaries at ZF Steering Gear 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 4 ZF Steering Gear employees in India.

What is the estimated take home salary of a Product Manager at ZF Steering Gear in India?

The estimated take-home salary of a Product Manager at ZF Steering Gear in India typically ranges from ₹1,46,415 to ₹1,51,898 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 4 salaries received from various employees of ZF Steering Gear. 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 ZF Steering Gear ?

To be a Product Manager at ZF Steering Gear in india, the key skills required include:

- Project Management
- Automotive
- Consulting
- Communication Skills
- Architectural Design

These skills are highly valued at ZF Steering Gear and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ZF Steering Gear for Product Manager in India?

ABC Bearings

₹18.2 Lakhs to ₹45.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to ZF Steering Gear in India?

The salary of a Product Manager at companies similar to ZF Steering Gear in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹7.5 Lakhs to ₹27.3 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.0 Lakhs per year
SEG Automotive	₹12.5 Lakhs to ₹17.0 Lakhs per year
Rane Brake Lining	₹5.6 Lakhs to ₹6.0 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 ZF Steering Gear in India?

The salary growth for a Product Manager at ZF Steering Gear depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at ZF Steering Gear:

Experience	Average Salary Range
8 years	₹16.0 Lakhs to ₹35.0 Lakhs per year
11 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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ZF Steering Gear Product Manager Salaries

ZF Steering Gear Product Manager salary in India ranges between ₹14 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ZF Steering Gear latest salaries received from various employees of ZF Steering Gear.