Product Manager Salary in Mumbai

Salary insights and current openings for Product Manager roles in Mumbai

Product Manager compensation in Mumbai, from live UnoJobs listings: 2 open roles, 2 employers. Typical midpoint near 15.00Lacs; middle half of disclosed offers about 15.00Lacs–15.00Lacs (annualised).

Figures reflect what employers choose to disclose on postings; variable pay, allowances and stock are extra.

National recruiter context (India)

Product management in product, e-commerce and fintech is often quoted around ₹35–150 LPA base before equity in mid-to-senior columns of national guides.

Broad India hiring context is consistent with recruiter-published salary guides; figures on this page from live UnoJobs listings may differ by company, level, and equity. Reference: Michael Page India Salary Guide 2025.

Market pulse

Where employers disclose pay, packages cluster around 15.00Lacs–15.00Lacs (annualised). Skills showing up most often: Jira, Sales, Compliance, Agile, and Strategy. 2 employers are represented in this snapshot.

Salary (disclosed)

Low–high
15.00Lacs15.00Lacs
Median
15.00Lacs
Middle 50%
15.00Lacs15.00Lacs

2 listings with pay

Top skills

  1. Jira1 mentions
  2. Sales1 mentions
  3. Compliance1 mentions
  4. Agile1 mentions
  5. Strategy1 mentions
  6. Problem Solving Skills1 mentions
  7. Product Development1 mentions

Experience mix

  • 2–5 years100%

India labour market context

India’s hiring mix in 2025 is tilted toward digital roles, global capability centres, and deeper demand in financial services, manufacturing, and technology. Employers are competing harder for scarce skills, so promotion and switch premiums for critical roles often run higher than general annual increments. Flexible and hybrid setups remain part of the offer, alongside cash and long-term incentives for senior hires.

Themes align with recruiter outlooks including Michael Page India Salary Guide 2025.

Current Product Manager Openings in Mumbai

JP Morgan Services India Pvt Ltd

Product Manager - Sales and Re

Sales & Account Management
18.00Lacs
Mumbai
Hybrid
Full-Time
3-6 Years
JiraSalesComplianceAgileStrategy
Job ID 18520Posted 15th May '26Ends 14th Jul '26
View
Michael Page

Senior Product Manager

Product and Design
18.00Lacs
Mumbai
Hybrid
Full-Time
3-6 Years
Problem Solving SkillsProduct Development
Job ID 16930Posted 1st May '26Ends 30th Jun '26
View

Frequently Asked Questions

What is the typical Product Manager salary in Mumbai right now?
Where Product Manager listings in Mumbai disclose pay, packages cluster near 15.00Lacs annualised, with the visible band roughly 15.00Lacs–15.00Lacs. Sample size is small, so use this as a directional anchor while you collect live offers from the listings below.
Which companies pay the highest Product Manager salaries in Mumbai?
In this snapshot: JP Morgan Services India Pvt Ltd (1 open); Michael Page (1 open). Product companies, GCC captives, and well-funded startups usually sit at the top of bands — verify per offer.
How can I increase my Product Manager salary in Mumbai?
Stack proof for scarce skills, show shipped outcomes, and interview with multiple employers in parallel. Recruiter guides consistently show larger jumps on promotion or switch than on standard hike cycles.
Is Mumbai a good city for Product Manager salary growth?
Mumbai stays liquid for Product Manager talent where tech, financial services and GCC footprints overlap. Mumbai is one of India's active metros; when a search runs thin, other India metros often surface adjacent openings on UnoJobs.

Explore More Salaries

Product Manager Career Resources