Mane, whose second round 66 had put him into medal contention, shot a three-under 69 and ended at 11-under 277.
Chinese Taipei's Pan Cheng-tsung shot one under-71 in the last round to take the gold medal by a convincing two-shot margin over Korea's Kim Namhun (68).
Interestingly, Korea's Youm Eunhno, who was on Pan's heels and just one shot behind, crashed to a 76 in final round and went out of medals. But Namhun rose to the occasion by grabbing the individual silver at 15-under 273 and his score also ensured the team silver for Korea.
Chinese Taipei won two gold, while Korea and Thailand won one each.
Another Chinese Taipei golfer, Yu Chun An (67) overtook his own teammate Kao Teng to beat him to the bronze medal at 12-under 276.
Mane, the best Indian, was tied for fourth with Natipong Srithong (66), China's Bai Zhengkai (68), Taipei's Kao Teng (69) and Korea's Youm Eunho ((76), all at 277.
The other Indians were Manu Gandas (71) in 11th place at nine-under 279, Feroz Garewal (73) at three-under 285 in tied 19th and Samarth Dwivedi (71) at two-over 290 in 32nd place.
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