The average salary for a Product Development Manager in Pune, Maharashtra is Rs 1,166,713 per year. People in this job generally don't have more than 20 years' experience. Experience strongly influences income for this job.

Rs 392,106 - Rs 1,937,983
Rs 390K
Rs 1M
Rs 2M
MEDIAN: Rs 1,137,807
10%
50%
90%
Rs 0Rs 2M
Salary Rs 392,106 - Rs 1,937,983
Bonus Rs 10,766 - Rs 203,626
Profit Sharing Rs 12,501
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 459,579 - Rs 2,151,277
  • Country: India
  • Currency: INR
  • Updated: 4 Jan 2018
  • Individuals Reporting: 72

Job Description for Product Development Manager

Product development managers are in charge of the analysis and application of products to the general consumer market. Product development managers typically are host to an assortment of creative work-flows, thought processes and application systems. They are also expected to be capable of market analysis at high levels and to demonstrate mastery of critical thought processes. Product development managers must identify the need for a product on the current or near future market and also identify an outline in which the product can be created and delivered to the general populace; however, the specifics of these systems is not their concern. Product development managers are expected to be very flexible in their availability and willing to devote long hours of deliberation toward meeting the needs presented by consumers with the products in development. Product development managers are also expected to have adequate interpersonal skills as they will be working with other employees in virtually all situations. They are expected to have an understanding of current and past marketing trends as well as the economic insight to reasonably predict new ones. Product managers are also expected to have a very intimate understanding of promotional processes and advertising as well as their effect on the general public. Product managers are expected to also understand public relations and their relationship to forthcoming products as well as the current areas of interest in the rising market (e.g. environmentally friendly products). Product managers must have proficiency in Microsoft Office and understanding of information facilitation via these channels. (Copyright 2018 PayScale.com)


Product Development Manager Tasks

  • Collaborate with sales and marketing to develop new business.
  • Assist in scale up to commercialization.
  • Manage the product development project pipeline and assignment and prioritization of resources.

Product Development Manager Job Listings

Key Stats for Product Development Manager

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
1-4 years
13%
5-9 years
29%
10-19 years
53%
20 years or more
6%

Experience Affects Product Development Manager Salaries

▲30%

National Average
Rs 1,185,000

▼18%

Entry-Level
▼54%

Skills That Affect Product Development Manager Salaries


Microsoft Excel
▲10%

Project Management
▲1%

National Average
Rs 1,185,000

Microsoft Office
▼16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Years of Experience

1-4 years
13%
5-9 years
29%
10-19 years
53%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 20%
vision benefits
Vision: 17%
no benefits
None: 17%