Product Development Manager Salary in New Delhi, Delhi
₹487K
20% Low Band Avg
INR ₹787K
Average
₹1,793K
80% High Band Avg
- Bonus: 212K
Salaries based on experience level
The Average Entry Level salary of Product Development Manager in New Delhi, Delhi is INR ₹385K/yr, this salary increases 33% to ₹514K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 75% from ₹514K/yr to ₹905K/yr.
Salary Compared to India National Average Salary
- Product Development Manager in New Delhi, Delhi Salary
- vs
- Product Development Manager in India Salary
The Average Salary of Product Development Manager in New Delhi, Delhi is ₹787K/yr. This is -21% lower (₹-220,399) compared to India national average salary of ₹1,007K/yr.
Salary Compared to New Delhi City Average Salary
- Product Development Manager in New Delhi, Delhi Salary
- vs
- New Delhi, Delhi City Average Salary
The Average Salary of Product Development Manager in New Delhi, Delhi is -8% lower (-73,541) than the average salary for the city of New Delhi, Delhi ₹860K/yr.
Product Development Manager job description
Job Title: Product Development Manager
Overview/Summary of the Role:
The Product Development Manager is responsible for overseeing the entire lifecycle of a product, from ideation to launch, and ensuring that it meets the market’s needs and the company’s goals. This role requires a versatile individual who can collaborate and lead cross-functional teams, and contribute to the development and success of the company’s product strategy.
Responsibilities and Duties:
• Plan and execute product development initiatives in line with organizational objectives
• Research the market and identify opportunities for product development
• Coordinate with cross-functional teams to ensure that product development efforts align and follow established timelines and budgets
• Define and document product requirements and specifications, user stories and acceptance criteria
Product Development Manager interview questions
Interviewer: Good morning/afternoon, thank you for coming in today. Can you start by telling us a little bit about yourself and your background in product development?
Candidate: Yes. My name is John and I have been working in product development for the last 10 years. I have experience in various industries, including technology and consumer goods.
Interviewer: Can you describe your approach to product development?
Candidate: Sure. My approach is to start by understanding the customer's needs and wants, and then using that to drive the development process. I believe in a collaborative approach where all stakeholders are involved in the process and we continue to iterate until we have a product that meets or exceeds their expectations.
Interviewer: Can you give an example of a successful product that you have developed and how you approached the development process?
Candidate: Yes. One product that I am particularly proud of is a mobile app that I developed for a previous company. I approached the development process by working very closely with the customer and using analytics data to inform design decisions. We kept iterating until we had a product that was successful in the marketplace and had a high adoption rate.