Product Engineer
Annual salary range
₹2.5 Lakhs - ₹16 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byProduct Engineer Salary in Mumbai (Updated 2025)
based on 383
latest salaries
• updated:
14 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Product Engineer Salary in Mumbai ranges between ₹2.5 Lakhs to ₹16 Lakhs for 1 year of experience to 7 years of experience. Salary estimates are based on 383 latest salaries received from Product Engineer.
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 |
|---|---|---|
SPRINKLR Product Engineer Salary
2 years exp |  | 1 job opening |
Go-Jek Product Engineer Salary
2 years exp | | |
 Product Engineer Salary
2 years exp | | |
 Product Engineer Salary
2 years exp | | |
 Product Engineer Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
.
Mumbai
(52 salaries)
|
₹3 L/yr - ₹9 L/yr | |
0 -
4
yrs
exp.
.
Mumbai
(50 salaries)
|
₹3.1 L/yr - ₹9.5 L/yr | |
Login to view exact salary
| ||
|
0 -
5
yrs
exp.
.
Mumbai
(33 salaries)
|
₹6 L/yr - ₹19 L/yr | |
1 -
4
yrs
exp.
.
Mumbai
(29 salaries)
|
₹5 L/yr - ₹10.3 L/yr | |
2 -
5
yrs
exp.
.
Mumbai
(27 salaries)
|
₹3.6 L/yr - ₹12.3 L/yr | |
2 -
7
yrs
exp.
.
Mumbai
(16 salaries)
|
₹7 L/yr - ₹18 L/yr | |
1 -
3
yrs
exp.
.
Mumbai
(10 salaries)
|
₹6 L/yr - ₹7.4 L/yr | |
1 yr
exp.
.
Mumbai
(6 salaries)
|
₹6.4 L/yr - ₹10.4 L/yr | |
Login to view exact salary
| ||
|
0 -
3
yrs
exp.
.
Mumbai
(5 salaries)
|
₹2 L/yr - ₹3 L/yr | |
3 -
5
yrs
exp.
.
Mumbai
(5 salaries)
|
₹4.5 L/yr - ₹6.9 L/yr | |
Latest annual salaries shared by Product Engineers
1d ago
Intellipaat Software Solutions
Product Engineer
2 years exp.
1d ago
Super Gaming
Product Engineer
3 years exp.
1d ago
Intellect Design Arena
Product Engineer
2 years exp.
2d ago
Circana
Product Engineer
3 years exp.
2d ago
TCS
Product Engineer
3 years exp.
2d ago
Freckled
Product Engineer
2 years exp.
2d ago
UST
Product Engineer
4 years exp.
2d ago
TCS
Product Engineer
2 years exp.
2d ago
Carna Medicare
Product Engineer
4 years exp.
2d ago
Twirll
Product Engineer
2 years exp.
View all latest salaries
Product Engineer salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(76
salaries)
| ₹2 L/yr - ₹16 L/yr |
2
years
(116
salaries)
| ₹2.4 L/yr - ₹12.2 L/yr |
Login to view exact salary
| |
3
years
(85
salaries)
| ₹3 L/yr - ₹14.5 L/yr |
4
years
(47
salaries)
| ₹3 L/yr - ₹14 L/yr |
5
years
(34
salaries)
| ₹2.8 L/yr - ₹16 L/yr |
View all salaries by experience
Product Engineer Jobs in Mumbai
Product Engineer
· 7-10 years
Synchrony International Services
Hyderabad / Secunderabad
Product Engineer
· 2-3 years
UST GLOBAL TECHNOLOGY SERVICES
Mumbai
Product Engineer
· 4-8 years
AstraZeneca India Pvt. Ltd
Chennai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Project Engineer Salary
1 -
9
years
exp.
(7k salaries)
| ₹2.1 L/yr - ₹8.6 L/yr |
Lead Engineer Salary
4 -
13
years
exp.
(1.1k salaries)
| ₹5.3 L/yr - ₹33 L/yr |
Login to view exact salary
| |
Senior Engineer Salary
3 -
12
years
exp.
(6.1k salaries)
| ₹3.5 L/yr - ₹15 L/yr |
System Engineer Salary
1 -
5
years
exp.
(7k salaries)
| ₹2.8 L/yr - ₹8 L/yr |
Software Engineer Salary
1 -
5
years
exp.
(21.5k salaries)
| ₹3 L/yr - ₹13 L/yr |
View more similar designations
Salary related reviews by similar designations like Product Engineer
Wipro
Associate in Chandpur
• posted on 02 Dec 2024
Likes
I am interested in working at wipro.com because it is a leading global information technology, consulting and business process services company
read more- Salary - Excellent
+6 more
Dislikes
There has been no salary increase over the past years, and the bonus structure is non-existent
read moreHCLTech
Lead Engineer in Bangalore / Bengaluru
• posted on 15 Jan 2025
Likes
Job security in some project like SEMI On time salary EOM Training and skill development etc.
read more- Salary - Good
+5 more
Dislikes
EPB components in salary structure Interview for client for every project even after selected in HCL etc.
- Promotions - Poor
TCS
System Engineer in India
• posted on 27 Feb 2025
Likes
Work life balance Leave policies (Like LWP for pursuing higher studies) Health insurance Accessibility to different courses
read more- Job security - Good
+2 more
Dislikes
Very few development projects. No career growth in support projects. Promotions depends on your manager (Internal politics when it comes to promotion, salary hike and appraisal). Permanent work from office
read more- Promotions - Poor
+1 more
Cognizant
Associate in Pune
• posted on 04 Dec 2024
Likes
If you have skill required for the project you can stay as long as you want and your manager will always stand for you,
- Salary - Good
+6 more
Dislikes
Company not care about their employee now a day, giving very less anual bonus which is around 4% and even promotional increment is also 10%, once you on bench and decline more than three project offer due to night shift or due to location you will get hr show cause mail which may terminate if not provide proper justification, also they did not compensate me for relocation for the project.
read moreLTIMindtree
Senior Engineer in Hyderabad / Secunderabad
• posted on 23 Dec 2024
Likes
providing resources like cab facility, trainings, certifications
- Skill development - Good
+2 more
Dislikes
The opportunities and experiences I've gained here, but i feel that my current compensation does not fully reflect the scope of my work, the value I bring to the team. No team bonding/outings. Low Appraisals.
read moreTop skills for Product Engineer
Product Engineer Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Product Engineer
1 -
7
years
exp.
| ₹3.2 L/yr - ₹20 L/yr |
Pune
Product Engineer
1 -
7
years
exp.
| ₹3 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Chennai
Product Engineer
1 -
7
years
exp.
| ₹2.5 L/yr - ₹11.2 L/yr |
Hyderabad / Secunderabad
Product Engineer
1 -
8
years
exp.
| ₹3 L/yr - ₹15 L/yr |
New Delhi
Product Engineer
1 -
8
years
exp.
| ₹3 L/yr - ₹18.7 L/yr |
View More
Product Engineer Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Product Engineer
1 -
7
years
exp.
| ₹3.5 L/yr - ₹15.2 L/yr |
Software Product Product Engineer
1 -
8
years
exp.
| ₹3.5 L/yr - ₹18.7 L/yr |
Login to view exact salary
| |
Internet Product Engineer
1 -
8
years
exp.
| ₹3.6 L/yr - ₹28 L/yr |
Manufacturing Product Engineer
1 -
8
years
exp.
| ₹2.5 L/yr - ₹12.3 L/yr |
Financial Services Product Engineer
1 -
7
years
exp.
| ₹3.5 L/yr - ₹20 L/yr |
View More
Frequently Asked Questions (FAQS) about Product Engineer Salaries
What is the salary of a Product Engineer in India?
The salary of a Product Engineer in India varies based on experience, location, company & Industry.
On average, Product Engineer salaries ranges from ₹2.5 Lakhs to ₹16.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.5 Lakhs to ₹16.0 Lakhs per year, with the highest salary reaching ₹25.0 Lakhs to ₹40.0 Lakhs per year. Salary estimates are based on 383 salaries received from various Product Engineers across industries.
The average starting salary is around ₹2.5 Lakhs to ₹16.0 Lakhs per year, with the highest salary reaching ₹25.0 Lakhs to ₹40.0 Lakhs per year. Salary estimates are based on 383 salaries received from various Product Engineers across industries.
What are the top paying companies that employ Product Engineers?
Product Engineer Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| SPRINKLR Product Engineer Salary | ₹25 Lakhs to ₹40 Lakhs per year |
| Go-Jek Product Engineer Salary | ₹19 Lakhs to ₹56.8 Lakhs per year |
| Embibe Product Engineer Salary | ₹18 Lakhs to ₹34 Lakhs per year |
| Juspay Technologies Product Engineer Salary | ₹10 Lakhs to ₹27 Lakhs per year |
| Seclore Product Engineer Salary | ₹6.4 Lakhs to ₹27 Lakhs per year |
What are the top paying cities for Product Engineer in India?
The annual salary for Product Engineer in India varies by location. Top paying cities for Product Engineer are
Salary expectations for Product Engineer may vary based on job roles, experience, and specific employer requirements.
| Product Engineer Salary in Bangalore / Bengaluru | ₹3.2 Lakhs to ₹20.0 Lakhs per year |
| Product Engineer Salary in Pune | ₹3.0 Lakhs to ₹15.0 Lakhs per year |
| Product Engineer Salary in Chennai | ₹2.5 Lakhs to ₹11.2 Lakhs per year |
| Product Engineer Salary in Hyderabad / Secunderabad | ₹3.0 Lakhs to ₹15.0 Lakhs per year |
| Product Engineer Salary in New Delhi | ₹3.0 Lakhs to ₹18.7 Lakhs per year |
What are the top paying industries for Product Engineer in India?
Top 5 paying Industries for Product Engineer in India are:
| Product Engineer Salary in IT Services & Consulting | ₹3.5 Lakhs to ₹15.2 Lakhs per year |
| Product Engineer Salary in Software Product | ₹3.5 Lakhs to ₹18.7 Lakhs per year |
| Product Engineer Salary in Internet | ₹3.6 Lakhs to ₹28.0 Lakhs per year |
| Product Engineer Salary in Manufacturing | ₹2.5 Lakhs to ₹12.3 Lakhs per year |
| Product Engineer Salary in Financial Services | ₹3.5 Lakhs to ₹20.0 Lakhs per year |
How does experience affect salaries of a Product Engineer in India?
Experience significantly impacts a Product Engineer salary in India. Salaries increase with experience, as Product Engineer take on more complex tasks, responsibilities, and leadership roles.
Product Engineer salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.0 Lakhs to ₹16.0 Lakhs per year |
| 2 years | ₹2.4 Lakhs to ₹12.2 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹14.5 Lakhs per year |
| 4 years | ₹3.0 Lakhs to ₹14.0 Lakhs per year |
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