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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
Table of Contents
2.2 Product Management Director
- Skills required to become Production Manager
- Scope of Production Manager in India
- Production Manager Salary and Jobs
5.1 Top Recruiters
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.
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