ABB new Product Development Engineer Salaries by 4 Employees

3 - 5 years exp.

₹4.5 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

22% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Last Updated: 4 Mar 2024

Companies similar to ABB for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rucha Group Of Industries new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹4.9 L/yr 15% less
Lakshmi Machine Works new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 5% less
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Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹11.1 L/yr 78% more
Pitti Engineering new Product Development Engineer Salary 10 - 13 years exp. (4 salaries)	₹4.8 L/yr - ₹5.7 L/yr 9% more
Roots Multiclean new Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr At par
Sintex Industries new Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 26% less
EMERSON PROCESS MANAGEMENT new Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 20% less

new Product Development Engineer salary at ABB ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of ABB.

Experience wise ABB new Product Development Engineer salaries

Last Updated: 4 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.3 L/yr

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₹5 L/yr - ₹15 L/yr

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₹20.7 L/yr - ₹26.5 L/yr

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Salary related reviews for ABB

Quality Engineer in Nashik

Full Time

Incoming Quality Department

4.0

• posted on 26 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammate are very supportive and management is also helpfull. Company policy is good and All employee having bonus every year.

Salary - Good

+4 more

Dislikes

Management doesn't address our issue. Salary is very less as per qualifications and career growth is slow.

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

3.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

Very very good company to learn and grow. Work load is optimum. You will start handling responsibilities on your own in no time if you work effectively

Skill development - Excellent

+3 more

Dislikes

... stressful time to time because of strictly professional environment. No joy. Low raise and pay.

Salary - Poor

+1 more

Senior Engineer in Nashik

Project & Program Management Department

4.0

• posted on 24 Oct 2021

3.0

for Salary and Benefits

Likes

ABB has excellent work culture and management policies, they keep people safety first in all actions. also it’s a company having very higher level of integrity.

Job security - Excellent

+3 more

Dislikes

Salary hike is average and career growth is very slow.

Quality Engineer in Vadodara

Quality Assurance Department

4.0

• posted on 09 Mar 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I part of a this organisation and good balance to work and life.

Skill development - Excellent

+4 more

Dislikes

Compensation is decent but growth is slow.

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

I liked company’s innovative product offerings, good company culture and job security is also good.

Job security - Good

+1 more

Dislikes

Salary compensation is not as per competition. Company has a flat organization structure which is a disadvantage for promotion and appraisals.

Salary - Poor

+2 more

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ABB new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at ABB ?

The average salary of a new Product Development Engineer at ABB in India typically ranges from ₹4.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of new Product Development Engineer at ABB earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. new Product Development Engineer Salaries at ABB can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 ABB employees in India.

What is the estimated take home salary of a new Product Development Engineer at ABB in India?

The estimated take-home salary of a new Product Development Engineer at ABB in India typically ranges from ₹37,126 to ₹38,334 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of ABB. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ABB for new Product Development Engineer in India?

Thermax Limited	₹6.3 Lakhs to ₹11.1 Lakhs per year
Pitti Engineering	₹4.8 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ABB, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to ABB in India?

The salary of a new Product Development Engineer at companies similar to ABB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Roots Multiclean	₹4.0 Lakhs to ₹6.0 Lakhs per year
Lakshmi Machine Works	₹4.0 Lakhs to ₹6.5 Lakhs per year
Rucha Group Of Industries	₹3.6 Lakhs to ₹4.9 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹3.6 Lakhs to ₹4.6 Lakhs per year
Sintex Industries	₹3.0 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a new Product Development Engineer at ABB in India?

The salary growth for a new Product Development Engineer at ABB depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at ABB:

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹5.3 Lakhs per year
4 years	₹2.0 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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ABB new Product Development Engineer Salaries

ABB new Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ABB latest salaries received from various employees of ABB.