Product Manager Salary in Madhya Pradesh, India
In Madhya Pradesh, mid‑level product managers earn about ₹570,000 per year. Indore and Bhopal are part of the region. Tech firms, pharma houses, and government projects operate in the area.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
₹320,000 to ₹450,000
Average (per year)
₹380,000
Graduates find entry roles with regional businesses, local service companies, or remote employers.
Mid-level (3-5 years)
Salary range (per year)
₹450,000 to ₹690,000
Average (per year)
₹570,000
Mid-level managers are employed by local manufacturing firms or work remotely for companies in Bhopal or Indore.
Senior (6-9 years)
Salary range (per year)
₹700,000 to ₹950,000
Average (per year)
₹825,000
Senior professionals lead digital projects in established businesses or manage remote teams.
Principal/Lead (10+ years)
Salary range (per year)
₹990,000+
Principal product managers hold remote leadership positions tied to large organizations outside the city.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
₹210 - ₹340
per hour
Mid-level
₹350 - ₹500
per hour
Senior
₹520 - ₹770
per hour
Nationally, product managers average around ₹800,000, so Madhya Pradesh sits below the top tier. The cost advantage influences earnings.