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Product Development Manager Salary in Thane, IN

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How much does a Product Development Manager make in Thane, IN? The average Product Development Manager salary in Thane, IN is ₹1,809,722 as of March 18, 2021, but the range typically falls between ₹1,091,082 and ₹2,630,251. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) ₹1,809,722 25TH ₹1,091,082 75TH ₹2,630,251

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Skills to Boost a Product Development Manager Salary

Mastering key skills can significantly increase your earning potential as a Product Development Manager. According to Salary.com's Real-time Job Posting Data, expertise in Project Management can lead to a 5% salary raise, while strong Supply Chain skills boost pay by a 2%. Even Product Quality can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Supply Chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Product Quality
Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
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Based on recent job listings, in-demand skills in the Product Development Manager field include Project Management (5%), Supply Chain (2%), Product Quality (1%), Design Engineering (1%), and Continuous Improvement (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Project Management ₹1,900,209
Project Management
₹1,900,209
5%
Supply Chain ₹1,845,917
Supply Chain
₹1,845,917
2%
Product Quality ₹1,827,820
Product Quality
₹1,827,820
1%
Design Engineering ₹1,827,820
Design Engineering
₹1,827,820
1%
Continuous Improvement ₹1,827,820
Continuous Improvement
₹1,827,820
1%
Project Management
0.22%
Supply Chain
2.54%
Product Quality
2.98%
Design Engineering
3.34%
Continuous Improvement
0.77%
Job Openings for Product Development Manager in Thane, India
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About Thane, India

Thane ([ˈʈʰaːɳeː]) is a metropolitan city in Maharashtra, India. It is situated in the north-eastern portion of the Salsette Island. Thane city is entirely within Thane taluka, one of the seven talukas of Thane district; also, it is the headquarters of the namesake district. With a population of 1,841,488 distributed over a land area of about 147 square kilometres (57 sq mi), Thane city is the 15th most populated city in India with a population of 1,890,000 according to the 2011 census. Located on the north-western side of the state of Maharashtra, the city is an immediate neighbour of Mumbai...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Product Development Manager Pay Difference by Cities

City, Country Compared to national average
City, Country Mumbai, IN Compared to national average
+ 8.4%
City, Country Jaipur, IN Compared to national average
-9.2%
City, Country Kanpur, IN Compared to national average
-6.6%
City, Country Lucknow, IN Compared to national average
-12.4%
City, Country Nagpur, IN Compared to national average
-16.3%
City, Country Indore, IN Compared to national average
-14.5%
Employees with Product Development Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).

Understand the base salary paid range for a Product Development Manager in Thane, IN

Average Base Salary

Core compensation

1091082
2630251
1809722
The chart shows the base salary for Product Development Manager in Thane ranges from ₹1,091,082 to ₹2,630,251 with the average base salary of ₹1,809,722. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Product Development Manager may get paid difference by industry, location, and factors.

Product Development Manager Frequently Asked Questions

Can I expect to receive a higher salary for the position of Product Development Manager in Mumbai than for the same job in Nagpur in the India?

On average, a Product Development Manager, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Product Development Manager Jobs. Since Thane, India is an attractive place to work for many professions, Product Development Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. March 18, 2021 salary.com )
What is the salary range for a Product Development Manager in Thane, India? What is the average hourly rate?

The average salary for a Product Development Manager in Thane, India is ₹1,809,722 per year. The salary range for a Product Development Manager is between ₹1,091,082 and ₹2,630,251. While we are seeing hourly wages as high as ₹1,265 and as low as ₹525, the majority of Product Development Managers are currently paid an average of ₹870 in Thane, India. The average salary pay range for a Product Development Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Product Development Manager in Thane, India can differ based on any or all of these varying factors. March 18, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Product Development Manager job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Product Development Manager working in Thane, India will receive in exchange for their job. Some common items included in the total compensation of a Product Development Manager working in the Thane, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Thane, India might also offer long-term incentives such as stock options or stock grants for Product Development Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. March 18, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 18, 2021