Product Manager Salary in Indore, Madhya Pradesh

Indore has several SEZs and software parks for its IT and startup sector. Product teams operate in Indore. Cost of living and competition for product managers differ in Indore.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

₹420,000 to ₹700,000

Average (per year)

₹560,000

Graduates join IT parks, SaaS startups, and e-commerce companies in Indore.

Mid-level (3-5 years)

Salary range (per year)

₹700,000 to ₹1,300,000

Average (per year)

₹1,000,000

Mid-level product managers move to established firms or growing startups, experiencing salary progression.

Senior (6-9 years)

Salary range (per year)

₹1,300,000 to ₹2,000,000

Average (per year)

₹1,650,000

Senior managers earn pay in top IT companies, large corporates, and regional unicorns.

Principal/Lead (10+ years)

Salary range (per year)

₹2,000,000+

Principal roles are found in large technology firms, innovation labs, and as product heads in major companies.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

₹350 - ₹700

per hour

Mid-level

₹700 - ₹1100

per hour

Senior

₹1100 - ₹1800

per hour