Foxconn Chennai new Product Development Engineer Salaries by 10 Employees (Updated 2024)

2 - 10 years exp.

₹1.7 Lakh - ₹8 Lakhs

Salary of majority employees

15% more than the average new Product Development Engineer Salary in Electronics Manufacturing Companies for 2 - 10 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹5.6 L/yr
Quality Assurance new Product Development Engineer Salary 6 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹5 L/yr
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Construction & Site Engineering new Product Development Engineer Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹8 L/yr
Production, Manufacturing & Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

Last Updated: 17 Oct 2024

Companies similar to Foxconn for new Product Development Engineer in Chennai

Foxconn new Product Development Engineer Salary

2 - 10 years exp. (10 salaries)

₹1.7 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 31% more
Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 11% less
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Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (17 salaries)	₹2.9 L/yr - ₹7.5 L/yr 7% more	1 job opening
Polyhose new Product Development Engineer Salary 4 - 9 years exp. (10 salaries)	₹3.2 L/yr - ₹5 L/yr 12% less
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 45% more

new Product Development Engineer salary at Foxconn ranges between ₹1.7 Lakh to ₹8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Foxconn.

Experience wise Foxconn new Product Development Engineer salaries in Chennai

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Foxconn

Assistant Engineer Salary

(122 salaries)

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Production Engineer Salary

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₹2.05 L/yr - ₹5.5 L/yr

Product Engineer Salary

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₹1.8 L/yr - ₹6 L/yr

Product Development Engineer Salary

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₹1.9 L/yr - ₹8 L/yr

Project Engineer Salary

(5 salaries)

₹3.36 L/yr - ₹4.5 L/yr

Production Manager Salary

(4 salaries)

₹10.2 L/yr - ₹14.9 L/yr

Salary related reviews for Foxconn

New Product Development Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 09 Aug 2024

3.0

for Salary and Benefits

Likes

1. GS timing is good. 2. Chinese behaviour is good and supportive. 3. Leave policy is good. 4. Medical facilities for family members also available.

Dislikes

.... They don't have backup plan for unexpected situations. 6. Food is not good. 7. Increment and bonus policy is not good

Junior Engineer in Chennai

Production Department

5.0

• posted on 06 Aug 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Software Developer in Nagpur

Engineering - Software & QA Department

4.0

• posted on 12 Aug 2019

5.0

for Salary and Benefits

Likes

i am joined .net software developer in the origination.real help with my colleagues .i have learning to developed so many application and new technology. thank you for god given opportunity working with origination.

Dislikes

Salary only remaining good

Automation Engineer in Sriperumbudur

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

Salary only

Dislikes

...head behaviour is worst no self respect and no holiday no permission no nothing to enjoy working as robot get your salary and no life balance a 24 hours pressure you with alternative shift also mobile communication is necessary

Associate Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Dec 2023

5.0

for Salary and Benefits

Likes

Good

Dislikes

Need to change canteen and transport facility. Need to give Bonus for employees. Incentive and increment need to give on time. Need to give Commen holidays for all the employees. Need to give government holidays leave for all the employees. Need to give OT for all the shop floor employees

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Foxconn new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Foxconn Chennai?

new Product Development Engineer salary at Foxconn in Chennai ranges between ₹1.7 Lakhs to ₹8.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 15% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Foxconn Chennai.

How does the salary of a new Product Development Engineer at Foxconn Chennai compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Foxconn is 15% more than the average salary of a new Product Development Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Foxconn to a new Product Development Engineer in Chennai?

Apollo Tyres new Product Development Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Lucas-TVS new Product Development Engineer Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Foxconn in Chennai?

Avalon Technologies new Product Development Engineer Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
Polyhose new Product Development Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Foxconn ranges between ₹34,165 per month to ₹35,417 per month in Chennai. The take-home salary calculation is based on the average Foxconn new Product Development Engineer salary in India which ranges between ₹1.7 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Foxconn in Chennai?

According to AmbitionBox, 80% of the Foxconn new Product Development Engineers in Chennai reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Foxconn new Product Development Engineer Salaries in Chennai

Foxconn new Product Development Engineer salary in Chennai ranges between ₹1.7 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Foxconn latest salaries received from various employees of Foxconn.