Product Development Manager Salary in India
₹605K
20% Low Band Avg
INR ₹1,007K
Average
₹1,818K
80% High Band Avg
- Bonus: 88K
- Commission: 1,219
Salaries based on experience level
The Average Entry Level salary of Product Development Manager in India is INR ₹536K/yr, this salary increases 82% to ₹979K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 83% from ₹979K/yr to ₹1,799K/yr.
Salary Compared to India National Average Salary
- Product Development Manager in India Salary
- vs
- India National Average Salary
The Average Salary of Product Development Manager in India is ₹1,007K/yr. This is +686% higher (₹879,483) compared to India national average salary of ₹128K/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.
Product Development Manager Salaries by cities in India
The highest salary for Product Development Manager in India can be found in Kolkata, followed by Hyderabad 2nd, and Bangalore 3rd.