Havells new Product Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹5.5 Lakhs - ₹8.6 Lakhs

Low Confidence

Salary of majority employees

62% more than the average new Product Development Engineer Salary in Electrical Equipment Companies for 1 - 7 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 year exp. (3 salaries)	₹5.5 L/yr - ₹6.3 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 21 Feb 2025

Companies similar to Havells for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Electricals new Product Development Engineer Salary 8 - 10 years exp. (3 salaries)	₹12.1 L/yr - ₹13.6 L/yr 94% more
V-Guard Industries new Product Development Engineer Salary 8 - 11 years exp. (4 salaries)	₹4.6 L/yr - ₹12 L/yr 20% more
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Salzer Electronics new Product Development Engineer Salary 1 - 9 years exp. (8 salaries)	₹1.6 L/yr - ₹3.4 L/yr 59% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 38% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 51% less

new Product Development Engineer salary at Havells ranges between ₹5.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Havells.

Experience wise Havells new Product Development Engineer salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹5.5 L/yr - ₹6.3 L/yr
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7 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Havells

Product Development Engineer Salary

(6 salaries)

₹5 L/yr - ₹8 L/yr

Production Engineer Salary

(113 salaries)

₹0.7 L/yr - ₹6.5 L/yr

Senior Design Engineer Salary

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₹5.75 L/yr - ₹12 L/yr

Project Engineer Salary

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₹3.3 L/yr - ₹9 L/yr

Senior Software Engineer Salary

(11 salaries)

₹8 L/yr - ₹16 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Assistant Engineer Salary

(64 salaries)

₹2 L/yr - ₹4.5 L/yr

Production Manager Salary

(21 salaries)

₹12 L/yr - ₹18.4 L/yr

Design Engineer Salary

(48 salaries)

₹2.1 L/yr - ₹8 L/yr

Mechanical Engineer Salary

(18 salaries)

₹1.45 L/yr - ₹7.3 L/yr

Salary related reviews for Havells

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Noida

Full Time

Procurement & Supply Chain Department

3.0

• posted on 10 Oct 2024

2.0

for Salary and Benefits

Likes

The company policies like Care leave policy, the food and inter department culture is very nice.

Company culture - Good

Dislikes

The salary structure and the compensation process is very complex which does not help the employee like the Variable pay system in case if the employee is leaving the organisation in mid year then he or she is not eligible for the variable pay on pro data basis.

Salary - Poor

+2 more

Deputy Manager in Noida

Full Time

Administration & Facilities Department

1.0

• posted on 18 Sep 2023

1.0

for Salary and Benefits

Likes

Salary on time Increment on time Encashment of leave on end of every financial year

Dislikes

Commercial oriented Culture wise not good No L & D, No Engagement No balance life No tax saver components So many deductions Laptop security amount deduction Even after leaving the organization the deduct the premiums from FnF So much attrition On paper 5 days working but working on all 7 days 24*7

Salary - Bad

+4 more

Deputy Manager in New Delhi

Full Time

Human Resources Department

4.0

• posted on 14 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly and collaborative senior leadership. Willing to give space and time for growth and career development. Always open to suggestions and able to make me feel equal irrespective of huge hierarchy difference. Wonderful and heart filling lunch at main corporate office.

Skill development - Good

+3 more

Dislikes

Wlb, employee benefits and inflated compensation. The amount to actual take home, there is a huge difference and nobody wants to change that. Organization is not willing to spend a penny on employee training and development and lacks severe R&R for employees from support functions.

Deputy Manager in Noida

Full Time

Merchandising, Retail & eCommerce Department

5.0

• posted on 09 May 2023

4.0

for Salary and Benefits

Likes

The company focuses on work life balance. the culture is really good. People work here as a part of the family. The owners are very humble and kind.

Salary - Good

+6 more

Dislikes

... to grow in the career is slow. It takes many years for someone to get promoted. salary hikes are only descent not very high. This pinched me a lot because Its a cash rich organization.

Quality Engineer in Alwar

Full Time

Quality Assurance Department

5.0

• posted on 18 Jan 2020

4.0

for Salary and Benefits

Likes

The company is largest group & this plant established near my home. Our company is market reliable ,high quality products and has a global clients base.

Salary - Good

+4 more

Dislikes

Compensation is decent,but growth is slow. Manager do not value an individual unique stranghs , which is I have to take back my suggestion most of time

Promotions - Poor

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Havells new Product Development Engineer Salary FAQs

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

new Product Development Engineer salary at Havells in India ranges between ₹5.5 Lakhs to ₹8.6 Lakhs for experience between 1 years to 7 years. According to our estimates it is 62% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Havells India.

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

The average salary of a new Product Development Engineer at Havells is 62% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Havells to a new Product Development Engineer in India?

Bajaj Electricals new Product Development Engineer Salary - ₹12.1 Lakhs to ₹13.6 Lakhs per year
V-Guard Industries new Product Development Engineer Salary - ₹4.6 Lakhs to ₹12.0 Lakhs per year

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

INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.5 Lakhs per year
L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
Salzer Electronics new Product Development Engineer Salary - ₹1.6 Lakhs to ₹3.4 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Havells ranges between ₹49,542 per month to ₹50,712 per month in India. The take-home salary calculation is based on the average Havells new Product Development Engineer salary in India which ranges between ₹5.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Havells?

According to AmbitionBox, 100% of the Havells new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Havells new Product Development Engineer Salaries

Havells new Product Development Engineer salary in India ranges between ₹5.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Havells latest salaries received from various employees of Havells.