Danfoss Industries Manager Product Engineering Salaries by 3 Employees

15 - 17 years exp.

₹19.6 Lakhs - ₹30 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% more than the average Manager Product Engineering Salary in Industrial Machinery Companies for 15 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA Manager Product Engineering Salary 15 years exp. (AmbitionBox Estimate)	₹17.6 L/yr - ₹21.6 L/yr
Production, Manufacturing & Engineering Manager Product Engineering Salary 16 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹26 L/yr
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Research & Development Manager Product Engineering Salary 17 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 2 Mar 2024

Companies similar to Danfoss Industries for Manager Product Engineering

Company name	Avg Annual Salary	Open Jobs
John Deere Manager Product Engineering Salary 11 - 14 years exp. (4 salaries)	₹17.8 L/yr - ₹24.8 L/yr 13% less
Cummins Manager Product Engineering Salary 3 - 6 years exp. (3 salaries)	₹7.9 L/yr - ₹8.6 L/yr 67% less
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HARMAN Manager Product Engineering Salary 14 - 17 years exp. (13 salaries)	₹16 L/yr - ₹33 L/yr 4% more
Daimler India Commercial Vehicles Manager Product Engineering Salary 1 - 8 years exp. (11 salaries)	₹4.3 L/yr - ₹9.6 L/yr 63% less
MG Motor Manager Product Engineering Salary 8 - 15 years exp. (10 salaries)	₹15.8 L/yr - ₹23.8 L/yr 18% less

Manager Product Engineering salary at Danfoss Industries ranges between ₹19.6 Lakhs to ₹30 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Manager Product Engineering salaries

Last Updated: 2 Mar 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹19.6 L/yr - ₹30 L/yr
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Salary related reviews for Danfoss Industries

Embedded Engineer in Oragadam

Research & Development Department

4.0

• posted on 24 Jun 2022

1.0

for Salary and Benefits

Likes

Great work life balance, Very good R&D center in India, Very less to none corporate politics( again it depends on your team but probability is on the lower side), Lots of learning and growth opportunity in your respective industry.

Job security - Excellent

+1 more

Dislikes

Low salary for juniors (probably the story of every product based company), Salary hike is moderate(not really a drawback but if you work your a$s off the entire year and expect 50% increment then you will be disappointed), office in Chennai(Oragadam) is very far from better areas of the city- 30+ km far- The office location is a total really really bad and depressing. You will probably get a lot of redundant/routine work as India is only for support of actual product development team which is in Denmark, if you are lucky you will get interesting work.

Salary - Bad

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Danfoss Industries Manager Product Engineering Salary FAQs

How the salary growth look like for a Manager Product Engineering at Danfoss Industries in India?

The salary growth for a Manager Product Engineering at Danfoss Industries depends on factors such as experience, performance, and promotions. On average, a Manager Product Engineering can expect the following growth trajectory at Danfoss Industries:

Experience	Average Salary Range
15 years	₹19.6 Lakhs to ₹30.0 Lakhs per year

and so on.

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Danfoss Industries Manager Product Engineering Salaries

Danfoss Industries Manager Product Engineering salary in India ranges between ₹19.6 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Danfoss Industries latest salaries received from various employees of Danfoss Industries.