Havells Product Development Engineer Salaries by 6 Employees (Updated 2025)

1 - 4 years exp.

₹5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Product Development Engineer Salary in Electrical Equipment Companies for 1 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Havells for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Electricals Product Development Engineer Salary 1 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹10.6 L/yr 20% more
V-Guard Industries Product Development Engineer Salary 0 - 17 years exp. (7 salaries)	₹3.5 L/yr - ₹9 L/yr 3% less
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Panasonic Life Solutions India Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹7.2 L/yr 5% more
Salzer Electronics Product Development Engineer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.3 L/yr 67% less
CG Power and Industrial Solutions Product Development Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 52% less

Product Development Engineer salary at Havells ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Havells.

Experience wise Havells Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹5 L/yr - ₹7.6 L/yr
2 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹11.7 L/yr

Similar Designation salaries in Havells

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Project Engineer Salary

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Production Officer Salary

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₹6.5 L/yr - ₹8.3 L/yr

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Production Manager Salary

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₹12 L/yr - ₹18.4 L/yr

Design Engineer Salary

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₹2.1 L/yr - ₹8 L/yr

Software Engineer Salary

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₹5.2 L/yr - ₹18 L/yr

Senior Software Engineer Salary

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₹8 L/yr - ₹16 L/yr

Top skills at Havells for Product Development Engineer

Product Development New Product Development Value Engineering NPD DFMEA DFSS Product Design Process design Solid Works Manufacturing Process CAD Mechanical Engineering Acb Prototyping Component Development

Salary related reviews for Havells

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Havells Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Havells?

Product Development Engineer salary at Havells in India ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 20% less than the average Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Havells India.

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

The average salary of a Product Development Engineer at Havells is 20% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Development Engineer at Havells?

Product Development, New Product Development, Value Engineering, NPD and DFMEA are some of the popular skills required to work as a Product Development Engineer at Havells India.

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

Bajaj Electricals Product Development Engineer Salary - ₹2.9 Lakhs to ₹10.6 Lakhs per year
Panasonic Life Solutions India Product Development Engineer Salary - ₹6.0 Lakhs to ₹7.2 Lakhs per year

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

V-Guard Industries Product Development Engineer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
CG Power and Industrial Solutions Product Development Engineer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Salzer Electronics Product Development Engineer Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year

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

The estimated take-home salary of a Product Development Engineer at Havells ranges between ₹47,686 per month to ₹48,815 per month in India. The take-home salary calculation is based on the average Havells Product Development Engineer salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

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

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Havells Product Development Engineer Salaries

Havells Product Development Engineer salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Havells latest salaries received from various employees of Havells.