Havells Product Development Engineer Salaries by 6 Employees

1 - 4 years exp.

₹5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Product Development Engineer Salary in Electrical Equipment Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2023

Companies similar to Havells for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Salzer Electronics Product Development Engineer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.3 L/yr 67% less
CG Power and Industrial Solutions Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 52% less
Login to view exact salary
Phenom Product Development Engineer Salary 1 - 4 years exp. (198 salaries)	₹5.7 L/yr - ₹21.4 L/yr 94% more	5 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (191 salaries)	₹5.1 L/yr - ₹9.5 L/yr 9% more
TE Connectivity Product Development Engineer Salary 1 - 9 years exp. (140 salaries)	₹4 L/yr - ₹15 L/yr 46% more	4 job openings

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
Login to view exact salary
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

New Product Development Engineer Salary

(4 salaries)

₹5.5 L/yr - ₹8.6 L/yr

Production Engineer Salary

(112 salaries)

₹0.7 L/yr - ₹6.5 L/yr

Project Engineer Salary

(4 salaries)

₹3.3 L/yr - ₹9 L/yr

Senior Design Engineer Salary

(45 salaries)

₹3.5 L/yr - ₹10.5 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

(19 salaries)

₹12 L/yr - ₹18.4 L/yr

Design Engineer Salary

(50 salaries)

₹2.1 L/yr - ₹8 L/yr

Software Engineer Salary

(29 salaries)

₹7 L/yr - ₹17 L/yr

Senior Software Engineer Salary

(13 salaries)

₹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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Havells?

Ask anonymously on communities.

Havells Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Havells ?

The average salary of a Product Development Engineer at Havells in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Product Development Engineer at Havells earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Product Development Engineer Salaries at Havells can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Havells employees in India.

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 in India typically ranges from ₹47,686 to ₹48,815 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Havells. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Engineer at Havells ?

To be a Product Development Engineer at Havells in india, the key skills required include:

- Product Development
- New Product Development
- Value Engineering
- NPD
- DFMEA

These skills are highly valued at Havells and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Havells for Product Development Engineer in India?

Phenom	₹5.7 Lakhs to ₹21.4 Lakhs per year
TE Connectivity	₹4.0 Lakhs to ₹15.0 Lakhs per year
Comviva Technology	₹5.1 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Havells, depending on the role and experience level.

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

The salary of a Product Development Engineer at companies similar to Havells in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CG Power and Industrial Solutions	₹2.7 Lakhs to ₹3.5 Lakhs per year
Salzer Electronics	₹2.0 Lakhs to ₹2.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Product Development Engineer at Havells in India?

The salary growth for a Product Development Engineer at Havells depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Havells:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹7.6 Lakhs per year
2 years	₹5.7 Lakhs to ₹8.0 Lakhs per year
3 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
4 years	₹5.7 Lakhs to ₹11.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Havells Salaries >
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.