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Danfoss Industries Manager Product Engineering salaries in Chennai

Annual salary range
15 - 17 years exp.
₹19.6 Lakhs - ₹30 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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58% 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)
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₹17.6 L/yr - ₹21.6 L/yr

Production, Manufacturing & Engineering
Manager Product Engineering Salary
16 years exp. (AmbitionBox Estimate)
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₹21.2 L/yr - ₹26 L/yr

Research & Development
Manager Product Engineering Salary
17 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹33 L/yr

Last Updated: 2 Mar 2024

Companies similar to Danfoss Industries for Manager Product Engineering in Chennai

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Danfoss Industries Manager Product Engineering Salary

15 - 17 years exp. (3 salaries)

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₹19.6 L/yr - ₹30 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.3 L/yr - ₹9.6 L/yr

arrow icon 69% less
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₹17.5 L/yr - ₹22.3 L/yr

arrow icon 15% less
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Isuzu Motors Manager Product Engineering Salary

13 - 17 years exp. (4 salaries)

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₹14 L/yr - ₹19.8 L/yr

arrow icon 25% less
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₹28 L/yr - ₹45 L/yr

arrow icon 54% more
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₹21.5 L/yr - ₹32 L/yr

arrow icon 11% more
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.

Latest annual salaries shared by Danfoss Industries Manager Product Engineering in Chennai

9mo ago
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17 years exp.
1y ago
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16 years exp.
1y ago
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15 years exp.

Experience wise Danfoss Industries Manager Product Engineering salaries in Chennai

Last Updated: 2 Mar 2024

Experience Avg Annual Salary
15+ years  (3 salaries)

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₹19.6 L/yr - ₹30 L/yr

Similar Designation salaries in Danfoss Industries

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₹6.85 L/yr - ₹11.22 L/yr
Lead Engineer Salary
(14 salaries)
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₹16.65 L/yr - ₹42 L/yr
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₹8.3 L/yr - ₹18.5 L/yr
Design Engineer Salary
(13 salaries)
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₹4.5 L/yr - ₹11 L/yr
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₹4.5 L/yr - ₹13.2 L/yr
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₹11.8 L/yr - ₹15 L/yr
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₹9.2 L/yr - ₹13 L/yr
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₹9.8 L/yr - ₹15.2 L/yr

Salary related reviews for Danfoss Industries

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.

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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.

read more

Full Time

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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:

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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.

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Full Time

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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,

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

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Full Time

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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.

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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.

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Full Time

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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

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Dislikes

They're are not providing salary based ok our work

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Danfoss Industries Manager Product Engineering Salary FAQs

What is the notice period for Manager Product Engineering at Danfoss Industries in Chennai?
According to AmbitionBox, 100% of the Danfoss Industries Manager Product Engineerings in Chennai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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