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Reliance Retail Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
5 - 19 years exp.
₹13.9 Lakhs - ₹23.2 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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Product Manager Salary at Reliance Retail ranges between ₹13.9 Lakhs to ₹23.2 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 24 latest salaries received from... Read more

16% less than the average Product Manager Salary in Retail Companies for 5 - 19 years of experience

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Last Updated: 3 Jun 2025

Companies similar to Reliance Retail for Product Manager in Mumbai

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Reliance Retail Product Manager Salary

5 - 19 years exp. (24 salaries)

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₹13.9 L/yr - ₹23.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Croma Product Manager Salary

4 - 9 years exp. (17 salaries)

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₹25 L/yr - ₹35 L/yr

arrow icon 65% more
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Vijay Sales Product Manager Salary

0 - 9 years exp. (13 salaries)

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₹4.2 L/yr - ₹8.2 L/yr

arrow icon 61% less
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Future Group Product Manager Salary

4 - 12 years exp. (10 salaries)

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₹16.1 L/yr - ₹30 L/yr

arrow icon 21% more
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Walmart Product Manager Salary

2 - 10 years exp. (5 salaries)

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₹27 L/yr - ₹43 L/yr

arrow icon 103% more
1 job opening
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Target Product Manager Salary

4 - 7 years exp. (4 salaries)

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₹32 L/yr - ₹39 L/yr

arrow icon 93% more
3 job openings

Latest annual salaries shared by Reliance Retail Product Manager in Mumbai

1mo ago
₹15 Lakhs
17 years exp.
4mo ago
₹17.2 Lakhs
11 years exp.
4mo ago
₹13.9 Lakhs
19 years exp.
5mo ago
₹17 Lakhs
16 years exp.
5mo ago
₹27.5 Lakhs
12 years exp.
5mo ago
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18 years exp.
6mo ago
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15 years exp.
6mo ago
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12 years exp.
6mo ago
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7 years exp.
8mo ago
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14 years exp.

Reliance Retail Product Manager salaries by

Years of experience Avg. annual salary
5 years  (3 salaries)

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₹14.9 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)

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₹17.2 L/yr - ₹21.9 L/yr
7 years  (3 salaries)

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₹14.9 L/yr - ₹23.2 L/yr
8 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.4 L/yr
9 years (AmbitionBox Estimate)

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₹16.5 L/yr - ₹21.1 L/yr
View all salaries by experience

Similar Designation Salaries at Reliance Retail

Similar Designation Avg. annual salary
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₹4 L/yr - ₹16.7 L/yr

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₹6.8 L/yr - ₹18.9 L/yr

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₹11.6 L/yr - ₹31.9 L/yr

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₹13.4 L/yr - ₹19 L/yr

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₹14.5 L/yr - ₹49 L/yr

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₹8.2 L/yr - ₹14.1 L/yr

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₹20 L/yr - ₹52 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 Reliance Retail

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 07 Apr 2025

3.0
 for  Salary and Benefits

Likes

Big campus, No castism. Flexible timing good at time on pendamic, 5 days working and work life balance.

  • Work-life balance - Good

Dislikes

Growth is very low, confusion about salary breakup, uncertainty on PLI (overnight cut it). Now a days no Job guarantee, favouritism is on pick. No appreciation on good work.

read more

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  updated on 02 Feb 2025

4.0
 for  Salary and Benefits

Likes

salary on time, and central HR team is very supportive, specially Mr Ravi Gangaramani.

read more
  • Salary - Good

Dislikes

Reporting Managers are very cheap minded. they want only thos subbordinates who treat them as god. Puja karo uski BC. Company bht achha hai but yeh manager log pura company ka naam kharab kar diye hai BC.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Product Management Department

5.0
  •  updated on 06 Aug 2024

5.0
 for  Salary and Benefits

Likes

Cafeteria and the company of reliance retail which I worked was PBG. The best part was there was no office politics and although there was lot to learn but which result in the downfall of work-life balance.

read more
  • Salary - Excellent
  • +2 more

Dislikes

NO Extra pay for the overtime.

  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Research & Development Department

1.0
  •  updated on 01 Feb 2024

1.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

...ed with latest technology. 3.Too much hierarchy. 4.No value to your opinion. 5.Salary structure is just worst. CTC looks big but in hand salary is very less. 6. 30% salary out of CTC is variable and other terms and condition form. 7. Direction less and confused reporting managers. 8. Employee exit rate is high. 9. No values to your loyalty long service.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  updated on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing to like, monopoly company and monarch hierarchy.

Dislikes

No salary hike/ increments even if you get A* rating which is the highest 30% salary is parked for performance linked incentive, but despite working really hard and achieving targets company can back step into not giving the PLI. No 360 degree feedback, your manager can decide your fate per his wishes but one cannot share feedback on their reporting manager. No one is to care even if somehow you express your concerns / grievance /sadness. Best not to prefer working with this atrocity.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

Reliance Retail Product Manager Salary FAQs

What is the salary of Product Manager at Reliance Retail in Mumbai?
The average salary of a Product Manager at Reliance Retail in Mumbai typically ranges from ₹13.9 Lakhs to ₹23.2 Lakhs per year, depending on experience (from 5 years to 19 years).

The top 10% of Product Manager in Mumbai at Reliance Retail earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹37.5 Lakhs per year. Product Manager Salaries at Reliance Retail 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 20+ Reliance Retail employees in India.
What is the estimated take home salary of a Product Manager at Reliance Retail in Mumbai?
The estimated take-home salary of a Product Manager at Reliance Retail in Mumbai typically ranges from ₹1,19,360 to ₹1,22,707 per month. This is based on the average salary range of ₹13.9 Lakhs to ₹23.2 Lakhs per year for employees with experience ranging from 5 years to 19 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 20+ salaries received from various employees of Reliance Retail. 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 Reliance Retail in Mumbai?
To be a Product Manager at Reliance Retail in Mumbai, the key skills required include:

  • - Product Management
  • - Product Development
  • - Product Life Cycle Management
  • - Product Life Cycle Management
  • - Product Management

These skills are highly valued at Reliance Retail and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance Retail for Product Manager in India?
Walmart ₹27.0 Lakhs to ₹43.0 Lakhs per year
Target ₹32.0 Lakhs to ₹39.0 Lakhs per year
Croma ₹25.0 Lakhs to ₹35.0 Lakhs per year
Future Group ₹16.1 Lakhs to ₹30.0 Lakhs per year

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

Vijay Sales ₹4.2 Lakhs to ₹8.2 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 Reliance Retail in Mumbai?
The salary growth for a Product Manager at Reliance Retail in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Reliance Retail:

Experience Average Salary Range
5 years ₹14.9 Lakhs to ₹22.0 Lakhs per year
6 years ₹17.2 Lakhs to ₹21.9 Lakhs per year
7 years ₹14.9 Lakhs to ₹23.2 Lakhs per year
8 years ₹16.8 Lakhs to ₹21.4 Lakhs per year
and so on.

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Reliance Retail Product Manager salary in Mumbai ranges between ₹13.9 Lakhs to ₹23.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Reliance Retail latest salaries received from various employees of Reliance Retail.