Product Development Engineer
Annual salary range
₹1.5 Lakh - ₹7 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byProduct Development Engineer Salary in Indore (Updated 2025)
based on 30
latest salaries
• updated:
15 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Product Development Engineer Salary in Indore ranges between ₹1.5 Lakh to ₹7 Lakhs for 1 year of experience to 6 years of experience. Salary estimates are based on 30 latest salaries received from Product Development...
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Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
 | ||
Phenom Product Development Engineer Salary
2 years exp | | 2 job openings |
 Product Development Engineer Salary
2 years exp | | 1 job opening |
 Product Development Engineer Salary
2 years exp | | |
 Product Development Engineer Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
4 -
7
yrs
exp.
.
Indore
(7 salaries)
|
₹5.1 L/yr - ₹9.1 L/yr | |
1 -
3
yrs
exp.
.
Indore
(3 salaries)
|
₹3.2 L/yr - ₹4.1 L/yr | |
Login to view exact salary
| ||
1 -
3
yrs
exp.
.
Indore
(3 salaries)
|
₹3 L/yr - ₹3.5 L/yr | |
|
2 -
4
yrs
exp.
.
Indore
(3 salaries)
|
₹1.4 L/yr - ₹1.7 L/yr | |
5 -
6
yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹3.8 L/yr - ₹4.8 L/yr | |
2 -
5
yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹3 L/yr - ₹3.8 L/yr | |
|
2 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
6 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
Login to view exact salary
| ||
|
6 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
4 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
Latest annual salaries shared by Product Development Engineers
1d ago
Chaphekar Engineering
Product Development Engineer
2 years exp.
1d ago
Razorpay
Product Development Engineer
2 years exp.
2d ago
Comviva Technology
Product Development Engineer
1 year exp.
2d ago
Razorpay
Product Development Engineer
3 years exp.
2d ago
Bajaj Electricals
Product Development Engineer
5 years exp.
2d ago
Filtrec Bharat Manufacturing
Product Development Engineer
6 years exp.
2d ago
Octarange Technologies
Product Development Engineer
2 years exp.
2d ago
Filtrex Technologies
Product Development Engineer
5 years exp.
2d ago
INDO-MIM
Product Development Engineer
6 years exp.
2d ago
Ace Analytics
Product Development Engineer
3 years exp.
View all latest salaries
Product Development Engineer salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(3
salaries)
| ₹3.1 L/yr - ₹3.6 L/yr |
2
years
(10
salaries)
| ₹1.5 L/yr - ₹7 L/yr |
Login to view exact salary
| |
3
years
(3
salaries)
| ₹1.5 L/yr - ₹3.6 L/yr |
4
years
(4
salaries)
| ₹1.5 L/yr - ₹6 L/yr |
5
years
(6
salaries)
| ₹2.4 L/yr - ₹9.1 L/yr |
View all salaries by experience
Product Development Engineer Jobs in Indore
Product Development Engineer
· 0-1 year
Intel Technology India Pvt Ltd
Bangalore / Bengaluru
Product Development Engineer
· 8-10 years
TE Connectivity India Private Limited
Bangalore / Bengaluru
Product Development Engineer
· 18-20 years
MetLife
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
new Product Development Engineer Salary
1 -
7
years
exp.
(43 salaries)
| ₹2 L/yr - ₹5.6 L/yr |
Development Engineer Salary
1 -
8
years
exp.
(70 salaries)
| ₹2 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Production Engineer Salary
1 -
8
years
exp.
(1.2k salaries)
| ₹1.6 L/yr - ₹5 L/yr |
Product Engineer Salary
1 -
7
years
exp.
(21 salaries)
| ₹2.8 L/yr - ₹9 L/yr |
Project Engineer Salary
1 -
9
years
exp.
(519 salaries)
| ₹2.1 L/yr - ₹7.2 L/yr |
View more similar designations
Salary related reviews by similar designations like Product Development Engineer
FIS
Software Engineer in Gurgaon / Gurugram
• posted on 08 Aug 2017
Likes
Flexible timings Food Team outing A bit more compensation then industry standard..just a bit more They will let you learn how to escapes from your works
read more- Salary - Excellent
+2 more
Dislikes
Ask for max compensation at joining time..after that it is fixed that you are going to get 3 star rating and 5-7 % hike..No bargaining possible What ever your skills are..as a developer you are going to destroy it. Favouritism of managers towards work allocation and during appraisal. And in any case you can not challenge them. It's not like that you will be free and you will not have work.you will have work that has nothing to do with your skills upgradation.And you have to follow process to finish it. Best of luck
read more- Skill development - Bad
+3 more
Intel
Software Engineer in Bangalore / Bengaluru
• posted on 28 Jun 2023
Likes
Great work, amazing colleagues. Exposure to cutting edge technologies in semiconductor manufacturing. Employee friendly policies. Big and spacious office campus.
read more- Skill development - Excellent
+4 more
Dislikes
Compensation. Decision making can be faster.
Phenom
Product Development Engineer in Hyderabad / Secunderabad
• posted on 02 Feb 2023
Likes
Very good pay and learning curve Supporting team and management
- Salary - Good
+4 more
Dislikes
Lack of work life balance Lack of clarity on product they are trying to build
HARMAN
Product Engineer in Bangalore / Bengaluru
• posted on 16 May 2018
Likes
Harman Policies are good,but now a days compensation is getting decreased after Samsung acquisition.Compensation and benefits are good.
read more- Salary - Good
+2 more
Dislikes
As I am in intel client project & in client place,so work life balance is terrible , whatever client says u need 2 do and they will give u work any time.
read more- Work satisfaction - Bad
+1 more
UST
Senior Design Engineer in Chennai
• posted on 02 Nov 2022
Likes
1. Work life balance 2. Learning apart from our regular work 3. Work culture 4. Desk job
- Skill development - Good
+4 more
Dislikes
1. Employee Benefits is less. 2. Need to wait for longer time to get good salary package. 3. Hike percentage is less
read moreTop skills for Product Development Engineer
Product Development Engineer Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Product Development Engineer
1 -
8
years
exp.
| ₹2.7 L/yr - ₹18 L/yr |
Pune
Product Development Engineer
1 -
8
years
exp.
| ₹2.1 L/yr - ₹12 L/yr |
Login to view exact salary
| |
Chennai
Product Development Engineer
1 -
8
years
exp.
| ₹1.9 L/yr - ₹12.8 L/yr |
Hyderabad / Secunderabad
Product Development Engineer
1 -
8
years
exp.
| ₹3.6 L/yr - ₹20 L/yr |
Coimbatore
Product Development Engineer
1 -
8
years
exp.
| ₹1.5 L/yr - ₹6.8 L/yr |
View More
Product Development Engineer Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Manufacturing Product Development Engineer
1 -
8
years
exp.
| ₹2 L/yr - ₹12.6 L/yr |
Internet Product Development Engineer
1 -
8
years
exp.
| ₹4.5 L/yr - ₹21 L/yr |
Login to view exact salary
| |
IT Services & Consulting Product Development Engineer
1 -
8
years
exp.
| ₹3.4 L/yr - ₹16 L/yr |
Software Product Product Development Engineer
1 -
8
years
exp.
| ₹3.5 L/yr - ₹18.9 L/yr |
Industrial Machinery Product Development Engineer
1 -
8
years
exp.
| ₹1.8 L/yr - ₹10.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Product Development Engineer Salaries
What is the salary of a Product Development Engineer in India?
The salary of a Product Development Engineer in India varies based on experience, location, company & Industry.
On average, Product Development Engineer salaries ranges from ₹1.5 Lakhs to ₹7.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.5 Lakhs to ₹7.0 Lakhs per year, with the highest salary reaching ₹6.2 Lakhs to ₹16.0 Lakhs per year. Salary estimates are based on 30 salaries received from various Product Development Engineers across industries.
The average starting salary is around ₹1.5 Lakhs to ₹7.0 Lakhs per year, with the highest salary reaching ₹6.2 Lakhs to ₹16.0 Lakhs per year. Salary estimates are based on 30 salaries received from various Product Development Engineers across industries.
What are the top paying companies that employ Product Development Engineers?
Product Development Engineer Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| WiSig Networks Product Development Engineer Salary | ₹6.2 Lakhs to ₹16 Lakhs per year |
| Phenom Product Development Engineer Salary | ₹6 Lakhs to ₹18 Lakhs per year |
| Comcast Product Development Engineer Salary | ₹9 Lakhs to ₹11.5 Lakhs per year |
| Razorpay Product Development Engineer Salary | ₹5.5 Lakhs to ₹18 Lakhs per year |
| Mahindra & Mahindra Product Development Engineer Salary | ₹3.5 Lakhs to ₹9.6 Lakhs per year |
What are the top paying cities for Product Development Engineer in India?
The annual salary for Product Development Engineer in India varies by location. Top paying cities for Product Development Engineer are
Salary expectations for Product Development Engineer may vary based on job roles, experience, and specific employer requirements.
| Product Development Engineer Salary in Ahmedabad | ₹2.5 Lakhs to ₹13.1 Lakhs per year |
| Product Development Engineer Salary in Hyderabad / Secunderabad | ₹3.6 Lakhs to ₹20.0 Lakhs per year |
| Product Development Engineer Salary in Bangalore / Bengaluru | ₹2.7 Lakhs to ₹18.0 Lakhs per year |
| Product Development Engineer Salary in Pune | ₹2.1 Lakhs to ₹12.0 Lakhs per year |
| Product Development Engineer Salary in Chennai | ₹1.9 Lakhs to ₹12.8 Lakhs per year |
What are the top paying industries for Product Development Engineer in India?
Top 5 paying Industries for Product Development Engineer in India are:
| Product Development Engineer Salary in Hardware & Networking | ₹3.7 Lakhs to ₹22.0 Lakhs per year |
| Product Development Engineer Salary in Internet | ₹4.5 Lakhs to ₹21.0 Lakhs per year |
| Product Development Engineer Salary in Software Product | ₹3.5 Lakhs to ₹18.9 Lakhs per year |
| Product Development Engineer Salary in Automobile | ₹2.4 Lakhs to ₹12.6 Lakhs per year |
| Product Development Engineer Salary in Electronics | ₹2.5 Lakhs to ₹12.0 Lakhs per year |
How does experience affect salaries of a Product Development Engineer in India?
Experience significantly impacts a Product Development Engineer salary in India. Salaries increase with experience, as Product Development Engineer take on more complex tasks, responsibilities, and leadership roles.
Product Development Engineer salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.1 Lakhs to ₹3.6 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹7.0 Lakhs per year |
| 3 years | ₹1.5 Lakhs to ₹3.6 Lakhs per year |
| 4 years | ₹1.5 Lakhs to ₹6.0 Lakhs per year |
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