Job Description
**Job title: Product Specialist**
**Location: Pune**
**About Us**
Ingersoll Rand is a Fortune 500 company with a passion for making lives better. We do this by living our values, and through a relentless focus on the success of our customers and partnering with our employees to think and act like owners. We believe in sustainability through the development and distribution of a broad range of global brands designed to meet the needs of our customers in both efficient and responsible ways. Ingersoll Rand is a diverse and inclusive environment. For more information visit: www.irco.com .
**Job Overview:**
Ingersoll Rands Power Tools Business Area in India is seeking a Product Manager to lead strategic and tactical product management for the Precision Fastening Assembly Tool Category, driving double-digit growth and market share expansion across India. This role combines visionary strategy development with data-driven execution, ensuring the portfolio meets evolving customer needs while delivering measurable business impact.
**Responsibilities:**
+ Own the category P&L, accountable for achieving 100 Million INR over our annual revenue, 20% margin improvement, and 30% market share growth YOY.
+ Support the execution of a 3-year product roadmap and technology pipeline, targeting 3 new products launched and mixed with localized innovation adoption with ETO contributing up to 20%.
+ Support end-to-end product lifecycle management driven by global, from ideation to commercialization, ensuring on-time delivery of projects with 100% adherence to launch timelines.
+ Conduct market and competitive analysis to identify 50 Million growth opportunities and 30% cost optimization potential through localization initiatives.
+ Collaborate cross-functionally with sales, marketing, engineering, and operations to align global priorities and deliver 100% improvement in customer satisfaction scores, will be measured with NPS, Win rate, CRR.
+ Implement pricing strategies by region and channel to maximize profitability, targeting 5% price realization improvement.
+ Drive strategic acceleration programs to penetrate key verticals and geographies, aiming for 10% CAGR over 3 years for NPDs.
**Requirements:**
+ Bachelor's degree in Engineering; MBA Preferred
+ Knowledge of AI and ML is good to have
+ 5+ Years Product management experience in precision power tools or assembly tools.
+ Proven track record of delivering 100 Million INR over revenue growth at 30% margin improvement.
+ Strong analytical skills, P&L management, and cross-functional leadership.
+ Willingness to travel acroos India 60% of the month.
**What we Offer**
+ We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success.
+ Yearly performance-based bonus, rewarding your hard work and dedication
+ Leave Encashments
+ Maternity/Paternity Leaves
+ Employee Health covered under Medical, Group Term Life & Accident Insurance
+ Employee Assistance Program
+ Employee development with LinkedIn Learning
+ Employee recognition via Awardco
+ Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.\#LI-GG1
**Location: Pune**
**About Us**
Ingersoll Rand is a Fortune 500 company with a passion for making lives better. We do this by living our values, and through a relentless focus on the success of our customers and partnering with our employees to think and act like owners. We believe in sustainability through the development and distribution of a broad range of global brands designed to meet the needs of our customers in both efficient and responsible ways. Ingersoll Rand is a diverse and inclusive environment. For more information visit: www.irco.com .
**Job Overview:**
Ingersoll Rands Power Tools Business Area in India is seeking a Product Manager to lead strategic and tactical product management for the Precision Fastening Assembly Tool Category, driving double-digit growth and market share expansion across India. This role combines visionary strategy development with data-driven execution, ensuring the portfolio meets evolving customer needs while delivering measurable business impact.
**Responsibilities:**
+ Own the category P&L, accountable for achieving 100 Million INR over our annual revenue, 20% margin improvement, and 30% market share growth YOY.
+ Support the execution of a 3-year product roadmap and technology pipeline, targeting 3 new products launched and mixed with localized innovation adoption with ETO contributing up to 20%.
+ Support end-to-end product lifecycle management driven by global, from ideation to commercialization, ensuring on-time delivery of projects with 100% adherence to launch timelines.
+ Conduct market and competitive analysis to identify 50 Million growth opportunities and 30% cost optimization potential through localization initiatives.
+ Collaborate cross-functionally with sales, marketing, engineering, and operations to align global priorities and deliver 100% improvement in customer satisfaction scores, will be measured with NPS, Win rate, CRR.
+ Implement pricing strategies by region and channel to maximize profitability, targeting 5% price realization improvement.
+ Drive strategic acceleration programs to penetrate key verticals and geographies, aiming for 10% CAGR over 3 years for NPDs.
**Requirements:**
+ Bachelor's degree in Engineering; MBA Preferred
+ Knowledge of AI and ML is good to have
+ 5+ Years Product management experience in precision power tools or assembly tools.
+ Proven track record of delivering 100 Million INR over revenue growth at 30% margin improvement.
+ Strong analytical skills, P&L management, and cross-functional leadership.
+ Willingness to travel acroos India 60% of the month.
**What we Offer**
+ We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success.
+ Yearly performance-based bonus, rewarding your hard work and dedication
+ Leave Encashments
+ Maternity/Paternity Leaves
+ Employee Health covered under Medical, Group Term Life & Accident Insurance
+ Employee Assistance Program
+ Employee development with LinkedIn Learning
+ Employee recognition via Awardco
+ Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.\#LI-GG1
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