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Meril Product Manager salaries in India (Updated 2025)

Annual salary range
2 - 11 years exp.
₹6.5 Lakhs - ₹16.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Product Manager Salary at Meril ranges between ₹6.5 Lakhs to ₹16.4 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 18 latest salaries received from various... Read more

49% less than the average Product Manager Salary in Pharma Companies for 2 - 11 years of experience

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Last Updated: 17 Jun 2025

Companies similar to Meril for Product Manager

Company name Avg Annual Salary Open Jobs
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Dr. Reddy's Product Manager Salary

1 - 11 years exp. (168 salaries)

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₹13.6 L/yr - ₹24 L/yr

arrow icon 61% more
1 job opening
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₹7 L/yr - ₹15.8 L/yr

arrow icon 10% more
3 job openings
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Mankind Pharma Product Manager Salary

2 - 12 years exp. (89 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 25% more
1 job opening
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Zydus Lifesciences Product Manager Salary

2 - 9 years exp. (53 salaries)

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₹9 L/yr - ₹15 L/yr

At par
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Alkem Laboratories Product Manager Salary

3 - 10 years exp. (49 salaries)

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₹8.2 L/yr - ₹12.5 L/yr

arrow icon 6% less
1 job opening
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Ipca Laboratories Product Manager Salary

3 - 8 years exp. (38 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 37% less
1 job opening
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Cadila Pharmaceuticals Product Manager Salary

4 - 12 years exp. (35 salaries)

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₹10.4 L/yr - ₹15.5 L/yr

arrow icon 14% more
2 job openings
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Lupin Product Manager Salary

1 - 6 years exp. (31 salaries)

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₹6 L/yr - ₹15.8 L/yr

arrow icon 3% more
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₹6 L/yr - ₹12 L/yr

arrow icon 21% less
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Ajanta Pharma Product Manager Salary

3 - 9 years exp. (29 salaries)

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₹6.6 L/yr - ₹16.6 L/yr

arrow icon 4% more
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Novartis Product Manager Salary

1 - 16 years exp. (30 salaries)

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₹25 L/yr - ₹42 L/yr

arrow icon 165% more
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MSN Laboratories Product Manager Salary

2 - 12 years exp. (28 salaries)

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₹6 L/yr - ₹11.3 L/yr

arrow icon 22% less
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Cipla Product Manager Salary

1 - 4 years exp. (20 salaries)

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₹22.8 L/yr - ₹42.5 L/yr

arrow icon 168% more
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Torrent Pharmaceuticals Product Manager Salary

3 - 16 years exp. (25 salaries)

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₹9.8 L/yr - ₹18.3 L/yr

arrow icon 23% more
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Intas Pharmaceuticals Product Manager Salary

1 - 12 years exp. (24 salaries)

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₹8.5 L/yr - ₹16.2 L/yr

arrow icon 8% more
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Macleods Pharmaceuticals Product Manager Salary

2 - 10 years exp. (20 salaries)

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₹7 L/yr - ₹10.7 L/yr

arrow icon 20% less
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₹7 L/yr - ₹16.5 L/yr

arrow icon 13% more
1 job opening
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Indoco Remedies Product Manager Salary

3 - 8 years exp. (16 salaries)

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₹6.1 L/yr - ₹10.8 L/yr

arrow icon 24% less
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FDC Product Manager Salary

3 - 10 years exp. (17 salaries)

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₹6.8 L/yr - ₹13 L/yr

arrow icon 12% less
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Wockhardt Product Manager Salary

3 - 11 years exp. (8 salaries)

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₹7.5 L/yr - ₹11.1 L/yr

arrow icon 17% less
1 job opening
View all

Latest annual salaries shared by Meril Product Manager

3d ago
₹12 Lakhs
11 years exp.
3mo ago
₹15 Lakhs
5 years exp.
10mo ago
₹11 Lakhs
7 years exp.

Meril Product Manager salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
3 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.6 L/yr
4 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
5 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
6 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr
View all salaries by experience

Similar Designation Salaries at Meril

Similar Designation Avg. annual salary
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₹5.4 L/yr - ₹15 L/yr

unlock-blur

₹6.8 L/yr - ₹10 L/yr

Program Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Group Product Manager Salary
(AmbitionBox Estimate)
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₹9.3 L/yr - ₹11.8 L/yr

Deputy Manager Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr

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₹10.4 L/yr - ₹16 L/yr

Senior Project Manager Salary
(AmbitionBox Estimate)
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₹20.3 L/yr - ₹26 L/yr

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₹5 L/yr - ₹9.5 L/yr

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₹2.5 L/yr - ₹9 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Meril

1.8

Rated by 6 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  updated on 22 May 2025

1.0
 for  Salary and Benefits

Likes

Salary credited on time. No work pressure

  • Skill development - Good
  • +1 more

Dislikes

...tried to highlight our issues to plant head many times but things remained same.My salary was only 20 k even after 5 years and freshers were getting more than me.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 11 Apr 2025

1.0
 for  Salary and Benefits

Likes

Management/promoters are quite understanding and supportive. They give you the opportunity to express yourself, but that doesn't happen very often. Meril is one of the fastest-growing companies with a diversified portfolio. Job is often secured for now, although I see a downward trend. The company works with vision and innovation and sticks to its mission statement. The company promotes a good culture, but a few spoil it, leading to overall disappointment. Still, for a relatively new and andgrowing company like Meril, they have a good culture.

read more
  • Job security - Good

Dislikes

1) There is no mechanism to identify your skills or potential. People get salary increments and promotions without any criteria or knowledge, only on the basis of their rapport with the manager. 2) No one talks about your skill development or gives you the opportunity to prove your worth. 3) You are valued when you leave the organization or when you have an offer letter. 4) Lots of commitments given verbally by the manager to retain, later only to be found futile. 5) Lack of coordination between departments. There is no feedback mechanism about your work or developmental areas. 6) Lack of transparency.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

2.0
  •  updated on 07 Apr 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

As a sales person you will have to workb18 hours, full on pressure. Work on Sunday also with no Compensation. You have to work from the ground level to Upper level with no guidande, so much miss communication. No proffesionalism at all.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  updated on 21 Feb 2025

1.0
 for  Salary and Benefits

Likes

Salary Co-workers

Dislikes

Never ever sign any service bond here,or you will be in trouble. No proper policy it changes according to the weather. HR is not reachable Only hike will happen when you will join after that forget it. Expesne strcture is very poor. .... Stay away from this organization

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

3.0
  •  updated on 15 Jan 2025

2.0
 for  Salary and Benefits

Likes

Work life balance

  • Job security - Good
  • +1 more

Dislikes

... are perceived as unsupportive of their team members. Recruitment is challenges.The organization's low salary increases (10-12%) create a constant cycle of recruitment due to high employee turnover and never ending expansion of various projects. This organization primarily focuses on recruitment, neglecting other important HR aspects like employee development, well-being, and engagement. It's really very frustrating to work as a recruiter.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Meril Product Manager Salary FAQs

What is the salary of Product Manager at Meril ?
The average salary of a Product Manager at Meril in India typically ranges from ₹6.5 Lakhs to ₹16.4 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Product Manager at Meril earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹16.4 Lakhs per year. Product Manager Salaries at Meril 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 10+ Meril employees in India.
What is the estimated take home salary of a Product Manager at Meril in India?
The estimated take-home salary of a Product Manager at Meril in India typically ranges from ₹80,934 to ₹83,043 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹16.4 Lakhs per year for employees with experience ranging from 2 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 10+ salaries received from various employees of Meril. 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 Meril ?
To be a Product Manager at Meril in india, the key skills required include:

  • - Product Management
  • - Marketing
  • - Product Marketing
  • - branding
  • - Marketing Strategy

These skills are highly valued at Meril and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Meril for Product Manager in India?
Cipla ₹22.8 Lakhs to ₹42.5 Lakhs per year
Novartis ₹25.0 Lakhs to ₹42.0 Lakhs per year
Dr. Reddy's ₹13.6 Lakhs to ₹24.0 Lakhs per year
Mankind Pharma ₹6.5 Lakhs to ₹22.0 Lakhs per year
Torrent Pharmaceuticals ₹9.8 Lakhs to ₹18.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Meril, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to Meril in India?
The salary of a Product Manager at companies similar to Meril in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jubilant Pharmova ₹7.2 Lakhs to ₹21.0 Lakhs per year
Cadila Pharmaceuticals ₹10.4 Lakhs to ₹15.5 Lakhs per year
Glenmark Pharmaceuticals ₹7.0 Lakhs to ₹16.5 Lakhs per year
Sun Pharmaceutical Industries ₹7.0 Lakhs to ₹15.8 Lakhs per year
Intas Pharmaceuticals ₹8.5 Lakhs to ₹16.2 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 Meril in India?
The salary growth for a Product Manager at Meril depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Meril:

Experience Average Salary Range
2 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
3 years ₹9.8 Lakhs to ₹12.6 Lakhs per year
4 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
5 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
and so on.

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Meril Product Manager salary in India ranges between ₹6.5 Lakhs to ₹16.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Meril latest salaries received from various employees of Meril.