Production Manager Salary: Types, Skills, Salary, Jobs and Scope 2023

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Ahana Bhaduri

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Production Manager integrates corporate strategy, design expertise, and consumer demands. Production Managers are responsible for optimizing a product to meet corporate objectives and user requirements while maximizing the return on investment. The average salary of a Production Manager can be determined by their working experience, companies, qualifications and various other parameters.

Check: How to become a Production Manager in India

The salary of a entry-level Production Manager in India is INR 3,06,000 per annum while at their mid career they can earn upto INR 6,77,000 per annum. The average annual salary of an experienced Production Manager is around INR 10,00,000. 

After the completion of Production Management courses, candidates can find lucrative and highly paid job opportunities to develop their career as a Production Manager. Career as a Production Manager not only provides a high salary but also offers several high profile jobs. The highest salary of a Production Manager in India is around INR 20,54,435 per year which is even more in top-notch companies like Amazon, Google, etc.

Check out: Top Post Graduate Diploma In Production Management Colleges 

What does a Production Manager do?

Producing the product in time according to the delivery date is the responsibility of the Production Manager. A product's quantity is determined by demand, while the delivery date determines when the product should be completed. Some of the major responsibilities of a Production Manager are mentioned below: 

  • Production Managers are responsible for developing a production schedule, determining the resources that are required and ordering them.
  • They are responsible to estimate and agree on the project's budgets with clients and line managers, monitor the production process and adjust schedules as necessary, negotiate and agree on a schedule with the client, and ensure that the production is cost-effective. 
  • Their work is to establish quality control programs and monitor productivity levels, repair damaged equipment, communicate with various departments, teams, and companies, e.g. suppliers, managers, clients, and ensure that health and safety guidelines are followed at all times.
  • They work with managers to implement the company's policies and goals, collecting and analyzing data, and ensuring customers' orders are completed on time and on budget. 
  • Also they are responsible for compiling and presenting production reports for factory managers and customers, supervising and motivating a team of workers, reviewing worker performance, and identifying training needs.

Also Check: MBA in Production Management 

Types of Production Manager

Some of the top job profiles after completing Production Management courses and their job description and average annual salary are mentioned below in the table chart:

Job Profiles Job Description Average Annual Salary
Senior Product Manager Senior Product Managers are the ones who collaborate with engineering, marketing, sales, and other departments. They create product specifications and roadmaps, as well as incorporate consumer input into the product strategy. INR 23,19,057
Product Management Director Product Management Directors are responsible for guiding product managers, eliminating roadblocks, leading product initiatives, and generally overseeing the entire product life cycle. INR 11,65,780
Deputy General Manager Deputy General Manager supports the General Manager in the planning, development, implementation, and oversight of corporate initiatives and projects. She or he is in charge of the company's operations, has budgetary duties, and participates in the recruiting and evaluation of workers. INR 4,22,721
Principal Product Manager Principal Product Managers (PPM) are senior product managers who are responsible for serving as the firm's most important individual contributors (ICs), helping to propel the product management team and the company forward. INR 13,23,960
Amazon Product Manager Amazon Product Manager work entails creating a productive collaboration system. Internal and external stakeholders must be communicated with on a regular basis by product managers. Product teams, INR 28,50,000
Google Product Manager Google Product Managers are in charge of leading goods through the execution cycle, with a particular focus on evaluating, positioning, packaging, marketing, and customizing our solutions to consumers. INR 19,50,000

See more: Diploma degree in supply chain management

Skills Required to Become a Production Manager

Production Managers should be well-versed in the product life cycle, audience segmentation, project management, and sales forecasting. Problem-solving abilities, mind-map software, risk management, and goal orientation are all examples of strategic thinking capabilities.

Apart from these skills, some of the other crucial abilities or skills required to become a professional Production Manager are tabulated below: 

Team and relationship building abilities Communication Skills
Ability to work well under pressure, multitask Natural tendency to be positive, creative
Team player who enjoys collaborating with others Strong leadership skills
Exceptional Organisational Skills A Strong Knowledge of Manufacturing Standards
Interpersonal Skills Project Management skills

Check: BBA in Production Management 

Production Manager Salary in India

The salary of Production Managers in India depends upon various parameters such as Company, Experience, Qualifications, etc. According to Glassdoor, the average salary of a Production Manager in India is around INR 10,00,000 per annum which increases with experience and skills of an individual. 

The average annual salary of a Production Manager according to various aspects such as Experience and Company are mentioned below: 

Experience Wise Salary

Everything about the job is a one-of-a-kind experience. For someone starting their career as a Production Manager, managing people, resources, time, and quality is all fresh and unique.

Years of Experience Average Annual Salary
0 - 2 years INR 3,57,000
2 - 5 years INR 5,00,000
5 - 10 years INR 7,50,000
10 - 15 years INR 9,00,000 & above
15 years and above INR 12,00,000 & above

Also Check: HOW TO BECOME PRODUCTION MANAGER

Company-Wise Salary

Some of the top recruiting companies that hire Production Manager and provide high salary are given below in the table chart:

Company Name Average Annual Salary
Flipkart INR 33,80,000
Paytm INR 37,00,000
ICICI Bank INR 16,00,000
Microsoft INR 35,00,000
Kotak Bank INR 15,00,000
HDFC Bank INR 16,00,000

Top recruiters

India has a high scope of Production Managers and various companies provide well paid jobs opportunities to graduates in this field. Some of the top recruiters of Production Managers are given below: 

Flipkart Microsoft
Paytm Kotak Bank
ICICI Bank HDFC Bank

See more: Courses to Become a Production Manager

Scope of Production Manager in India

Production Management courses provide a wide range of scope and highly paid job opportunities to the candidates. Graduates can also pursue research courses in the same field or one can begin their careers by working. being competent, and so on. To gain practical knowledge and experience in the same field one can also pursue internships. 

Production Managers can easily find lucrative and highly paid job opportunities in top-notch companies around the world. The demand for the Production Managers is incredibly increasing day by day. A career as a Production Manager not only pays candidates a very high salary but also serves as a High Profile job. The highest salary of a Production Manager in India is around INR 20,54,435 per year which is even more in top-notch companies like Amazon, Google, etc.

Check out: Benefits of Career as a Production Manager

Production Manager Jobs: FAQs

Ques. Does the salary of a project manager in India increase with experience?

Ans. Yes, an entry-level Project Manager (IT) may expect to make about INR 490,819 per year. The average Project Manager (IT) pay at the mid-level is INR 12,01,384 per year. Senior Project Managers (IT) make above INR 16,59,957 per year.

Ques. Project Manager Salary in foreign countries?

Ans. The average Project Manager salary in the United States is INR 66,40,299 and in the United Kingdom it is INR 39,43,130.

Ques. What are some of the related careers?

Ans. Production managers are related to warehouse managers, logistics managers, program managers, and business consultants.

Ques. What is the average salary offered to a Production Manager?

Ans. Production Managers are paid an average of INR 3,50,000 to INR 7,50,000 per year. Highly experienced production managers earn in plenty of INR 12,00,000 per year.

Ques. What are some of the industries which recruit production managers?

Ans. The majority of industries that manufacture and produce goods hire production managers, for example. This applies to industries such as automotive, technology, and the environment.

Ques. What are some ways a product manager can remain competitive?

Ans. Because of technology advancements, the position of a product manager is changing nowadays. During the recruiting process, a potential product manager who keeps up with technology changes will have an edge. In the IT industry, product management jobs are among the most paid.

Ques. What industries hire product managers?

Ans. The following industries employ product managers: Technology, Entertainment, Finance, Healthcare, and Retail.

Ques. What skills are required for a project manager?

Ans. Team and relationship-building abilities, Interpersonal, communication, and project management skills, Exceptional Organisational Skills

Ques. What do you study in order to become a product manager?

Ans. 10+2 and under-graduation are mandatory to become a professional Product Manager. 

Ques. What is product management?

Ans. Product management is the process by which products are developed throughout their life cycles.

Post Graduate Diploma in Production Management [PGDPM] : 8 answered questions

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Ques. How is the BIMTECH retail management course?

● Top Answer By Archita Ghose on 21 Sept 21

Ans. BIMTECH is considered among the top B-Schools in India. BIMTECH was a pioneer in bringing PG-level courses in Retail as well as Insurance thus enjoying a strong brand -pull from the top recruiters from this domain. Also, the placement record of the last three years for both the courses has been quite good. In the 2021 placements, the average CTC offered at the institute was 8 LPA, while the highest CTC was 16 LPA. Retail is a specialized form of marketing. For this course, BIMTECH assists its students with quality faculties and facilities. Overall, the retail management course offered at the institute is quite good. On the official website of the institute, you will get information regarding various other factors such as previous placements, location, infrastructure, industrial exposure, faculty, activities on campus, etc.Read more
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Ques. Which is better at BIMTECH in terms of placements: insurance business management or retail?

● Top Answer By Tithi Aggrawal on 19 Apr 23

Ans. Both PGDM-RM and PGDM-IBM are similar in terms of ROI and placement. Both the courses in Bimtech offer good career options. Even in 2020, which was a challenging year, the students of Insurance and Retail were offered some quality profiles by multiple prominent recruiters. Some of the companies are Infosys, TCS, Bajaj Allianz, SBI, Aditya Birla Group, Religare, and H&M. The recent 2022 placement stats: Domain PGDM-IB PGDM- RM Average CTC (2022) 8.95 lakhs 8.90 lakhs Average CTC (2021) 8.01 lakhs 7.95 lakhsRead more
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Ques. How good is KJ Somaiya for a PGDM in Retail Management? How are it's placements and average package?

● Top Answer By Prasad Sawant on 26 Dec 22

Ans. The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because The courses at SIMSR are at par with international curriculum. Great exposure and learning through events held throughout the year. One such main event is the Retail Mela. Many committees and student clubs have been set up to promote extracurricular activities  The faculty is experienced and qualified. It does not undervalue the new courses at all. One of the best campuses of India with great infrastructure and facilities. The companies that you should aim for are Ikeya, Walmart ,Future Etc. All this makes the course worth trying.Read more
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Ques. Which is better, doing a PGDM in marketing from IMT Hyderabad or a PGDM in retail from BIMTECH, Greater Noida?

● Top Answer By Ritika Gusain on 22 May 23

Ans. The Post Graduate Diploma in Management has gained traction over the recent years and courses in marketing, finance, operations, HR, etc are being offered by top-tier colleges in India and so does IMT Hyderabad and BIMTECH, Greater Noida. Below is the comparison of the two colleges based on placements. The 2020-22 placement statistics are mentioned below: Particulars IMT Hyderabad BIMTECH Highest Package 25 LPA  23.43 LPA Average Package 12 LPA 9.38 LPA Median Package 11 LPA 8.5 LPA Highest domestic package was 25 LPA offered by Amazon at IMT Hyderabad. IMT Hyderabad’s average package has increased upto 24 % from 9.65 LPA to 12 LPA. It is better in terms of Marketing as it offers the highest package of 16.61 LPA and an average of 11.77 LPA. The roles offered in marketing are:- Business Analyst Business Consultant Analyst - Knowledge Services Management Trainee- Sales Business Analyst - SCM Senior Management trainee Process Analyst and many more. IMT Hyderabad will be a better choice over BIMTECH Greater Noida based on the placement report and roles offered by both colleges.Read more
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Ques. How is BIMTECH Noida’s retail management?

● Top Answer By Sreeparna Bose on 05 Jul 21

Ans. BIMTECH Noida is a great match for you if you see your future aspects in the retail sector. After getting into the retail field it would be tough for one to get into core marketing. Here’s why: If you choose retail management specialization it can be tough for you to get core management jobs. On the contrary, marketing students can opt for both core and retail jobs. You need to have a good personality to become a vital part of the retail industry. Below are some qualities which can help you survive in this field for the long term. Excellent leadership skills Strong foothold in providing outstanding customer service The ability to handle stressful situations like customers dealing with cool & calmness. If you think you are lacking some of these qualities, BIMTECH can provide you with navigation towards your goals. BIMTECH is one of the leading institutes for retail management, making it a good option. They offer good placements and emphasize a lot of holistic development. Right from academics to industry exposure to extra and co-curricular activities, focus on 360-degree growth. Categories Retail Management in BIMTECH Course Fee 9.00 lakh Highest CTC 10.3 LPA Average CTC 8.1 LPA Median CTC 5.5 LPA Recruiting Companies Accenture, Aditya Birla, Infosys, L&T, etc. Overall, you must opt for the retail sector if you can handle challenges and if you want to be a part of it in the long run. With good placements and industry exposure, BIMTECH is undoubtedly a good place to study retail management.Read more
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Ques. Between general PGDM from jaipuria Noida and PGDM in retail management from BIMTECH greater Noida, which one would be better?

● Top Answer By Tithi Aggrawal on 10 May 23

Ans. JIM and BIMTECH, Noida provide PGDM programs. Your aim and interests determine the program which you should opt for.  JIM Noida's PGDM is ideal for Gen. Man. career seekers. The 2nd year provides specialisations in finance, marketing, human resources, operations, and strategy. BIMTECH, Greater Noida's PGDM-RM can help you break into the retail industry. You can learn retail operations, supply chain management, customer behaviour, and marketing. It offers internships as well as industrial interactions. When taking everything into consideration, I believe that the brand value of BIMTECH gives it a significant advantage over JIM in terms of value as well as the brand. They were also able to achieve 100% placement rate for the 2023 batch. The Highest CTC offered was somewhere around 24 LPA.Read more
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Ques. What is the CAT cutoff for a BIMTECH retail management course?

● Top Answer By Anjali Sharma on 04 Feb 21

Ans. BIMTECH, Greater Noida one of the most desired and highly ranked B-schools in India. It is a preferred destination for MBA or PGDM for CAT 2020 aspirants. Great learning, decent placements, and relatively modest CAT cut-off used in shortlisting for flagship PGDP add to the key strengths of this coveted B-school. Admission:  BIMTECH will accept CAT, XAT to shortlist candidates for the final admission round for PGDM.  For admission to PGDM (RM) and PGDM (IBM), an aspirant is required to have a valid CAT / MAT / XAT / GMAT / CMAT score.  The Retail Management admission is admissible through the MAT / CMAT score also.  Minimum 60 percentile in CAT / XAT and minimum of 80 percentile in MAT/CMAT is required. Along with the good score, student performance is also examined. BIMTECH has its own selection criterion, which includes Written Ability Test (WAT) and Personal Interview (PI) and the student has to perform well in both.Read more
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Ques. How is the retail management course in BIMTECH, Noida? What is its placement?

● Top Answer By Shivani Rai on 04 Feb 21

Ans. In the current industry, the demand for retail marketing is increasing. The upcoming market leaders need to be innovative. BIMTECH prepares students for that precisely with proper guidance and industry contacts. It is considered one of the leading B-schools of India. Dissertation and practical projects are an essential part of the PGDM-Retail curriculum of BIMTECH. BIMTECH course work consists of internships, live projects, and industry visits, etc. which will surely give you an upper hand.  Practical Experience: In Retail Management, you will need practical hands-on experience and BIMTECH excels in it.  In the past, students performed hands-on projects in one of the best malls in Delhi along with a faculty.  These practices come in handy if you want to become an expert in communication skills, interpersonal skills, learn body language and read the minds of the customers. Placements: BIMTECH has a promising placement record for Retail Management.  Each student must go through a 3-month internship before the placements. Which is quite beneficial for students. The institutes Centre For Corporate Relations guide the students through the whole process of preparing the CV or preparation for the final placement interview. Madura Fashion & Lifestyle, Aditya Birla Retail, Catwalk, Bata India, Raymonds are some of the top recruiters at BIMTECH. During the summer internship, the institute had about 170 Corporates and organizations that offered three months of internships to 354 first-year students.  The table shows a brief overview of the institution. Median CTC INR 8.13 LPA Highest CTC INR 23 LPA (International), INR 18 LPA (Domesttic) Fees  INR 9 lakhs Entrance Examination CAT/XAT/GMAT Overall, BIMTECH is a great potential choice for retail management. It also has a legacy of offering quality education in the field of management for almost 3 decades. Read more
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Post Graduate Diploma in Production Management [PGDPM] Colleges IN INDIA

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J.S. University - [JSU]
Shikohabad, Uttar Pradesh
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Arunodaya University
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Himalayan University - [HU]
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