Danfoss Industries Chennai Innovation Engineer Salaries by 4 Employees (Updated 2025)

6 - 9 years exp.

₹10.1 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (83%)

₹10 Lakhs

Variable (17%)

₹2.1 Lakhs

71% more than the average Innovation Engineer Salary in Industrial Machinery Companies for 6 - 9 years of experience

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Last Updated: 10 Jan 2025

Companies similar to Danfoss Industries for Innovation Engineer in Chennai

Danfoss Industries Innovation Engineer Salary

6 - 9 years exp. (4 salaries)

₹10.1 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Anergy Innovation Engineer Salary 5 - 7 years exp. (4 salaries)	₹6 L/yr - ₹6.3 L/yr 50% less
ANVAL Valves Innovation Engineer Salary 5 - 7 years exp. (4 salaries)	₹4.6 L/yr - ₹7.5 L/yr 47% less
Login to view exact salary
Anergy Enterprises Innovation Engineer Salary 6 - 17 years exp. (3 salaries)	₹6 L/yr - ₹11.5 L/yr 34% less

Innovation Engineer salary at Danfoss Industries ranges between ₹10.1 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Innovation Engineer salaries in Chennai

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

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Service Engineer Salary

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₹1.6 L/yr - ₹5.5 L/yr

System Engineer Salary

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₹6 L/yr - ₹8.4 L/yr

Top skills at Danfoss Industries for Innovation Engineer

Ansys NPD Feasibility Studies Mechanical 3D New Product Development Electrical Engineering

Salary related reviews for Danfoss Industries

Production Team Leader in Chennai

Full Time

Other Department

4.0

• posted on 24 Nov 2024

3.0

for Salary and Benefits

Likes

"I'm grateful to be a part of Danfoss Industries, where innovation meets sustainability. What I appreciate most about working here is:

Skill development - Excellent

+4 more

Dislikes

...at Danfoss Industries, as it has provided me with valuable skills and knowledge. However, I do have one concern that I'd like to share: Despite my significant work experience and contributions to the company, I feel that my salary is below market average. I believe that my hard work and dedication warrant a salary that reflects my value to the organization.

Financial Accountant in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 13 May 2024

3.0

for Salary and Benefits

Likes

... overall culture of the company is good. There are decent opportunities to grow. Pay is at par though they are not the leaders.

Skill development - Good

+2 more

Dislikes

The Finance leadership is unaware of the weakness in Company’s systems, processes and controls. Consequently, there is wide gap between expectation and reality.

Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Sep 2024

3.0

for Salary and Benefits

Likes

You will get Rs 5000 as gift per year Good work quality ,good office & infra , canteen,

Work satisfaction - Good

Dislikes

Company will not pay your variable pay STI (Bonus) - 0% payout Company doesnt pay your CTC complete Low Job Security Always making drastic changes in strategy and laying off people Top Management doesn't know how to run a $10B company

Job security - Bad

Buyer in Chennai

Full Time

Procurement & Supply Chain Department

4.0

• posted on 16 Aug 2021

4.0

for Salary and Benefits

Likes

Good work and very much of support our team and we are initiate and providing self growth for each person environment and culture is very good and more training will be providing for growing our self

Salary - Good

+5 more

Dislikes

They're are not providing salary based ok our work

Work-life balance - Poor

Deputy Manager (SCM- Purchase & Vendor Management) in Vadodara

Full Time

Procurement & Supply Chain Department

1.0

• posted on 26 Feb 2024

1.0

for Salary and Benefits

Likes

Good Market Portfolio Trainings & devlopement

Dislikes

Poor Management & working culture No transparency for job profile & salary Very Limited Scope of Improvement Good Brand name but worse like road side company

Salary - Bad

+5 more

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Danfoss Industries Innovation Engineer Salary FAQs

What is the salary of Innovation Engineer at Danfoss Industries Chennai?

Innovation Engineer salary at Danfoss Industries in Chennai ranges between ₹10.1 Lakhs to ₹15.0 Lakhs for experience between 6 years to 9 years. According to our estimates it is 71% more than the average Innovation Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Danfoss Industries Chennai.

How does the salary of a Innovation Engineer at Danfoss Industries Chennai compare with the average salary range for this job?

The average salary of a Innovation Engineer at Danfoss Industries is 71% more than the average salary of a Innovation Engineer in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Innovation Engineer at Danfoss Industries?

Ansys, NPD, Feasibility Studies, Mechanical and 3D are some of the popular skills required to work as a Innovation Engineer at Danfoss Industries Chennai.

What is the salary of a Innovation Engineer in companies similar to Danfoss Industries in Chennai?

Anergy Enterprises Innovation Engineer Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
ANVAL Valves Innovation Engineer Salary - ₹4.6 Lakhs to ₹7.5 Lakhs per year
Anergy Innovation Engineer Salary - ₹6.0 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Innovation Engineer at Danfoss Industries in Chennai?

The estimated take-home salary of a Innovation Engineer at Danfoss Industries ranges between ₹85,663 per month to ₹87,906 per month in Chennai. The take-home salary calculation is based on the average Danfoss Industries Innovation Engineer salary in India which ranges between ₹10.1 Lakhs to ₹15.0 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Innovation Engineer at Danfoss Industries in Chennai?

According to AmbitionBox, 100% of the Danfoss Industries Innovation Engineers in Chennai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Danfoss Industries Innovation Engineer Salaries in Chennai

Danfoss Industries Innovation Engineer salary in Chennai ranges between ₹10.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Danfoss Industries latest salaries received from various employees of Danfoss Industries.