HCLTech Product Development Engineer Salaries by 40+ Employees (Updated 2025)

1 - 7 years exp.

₹2.6 Lakhs - ₹6.6 Lakhs

Salary of majority employees

45% less than the average Product Development Engineer Salary in IT Services & Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Research & Development Product Development Engineer Salary 1 - 7 years exp. (29 salaries)	₹2.6 L/yr - ₹6.6 L/yr
Legal & Regulatory Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr
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Engineering - Software & QA Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
Production, Manufacturing & Engineering Product Development Engineer Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr

Last Updated: 16 Mar 2025

Companies similar to HCLTech for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Mercedes-Benz Research and Development India Product Development Engineer Salary 3 - 10 years exp. (26 salaries)	₹8 L/yr - ₹14.5 L/yr 161% more
TCS Product Development Engineer Salary 1 - 9 years exp. (23 salaries)	₹4 L/yr - ₹10 L/yr 49% more
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DXC Technology Product Development Engineer Salary 4 - 7 years exp. (13 salaries)	₹5.1 L/yr - ₹10 L/yr 100% more
HCL Group Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.6 L/yr - ₹4.1 L/yr 23% less
Tech Mahindra Product Development Engineer Salary 4 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹14 L/yr 145% more
IBM Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 146% more
Accenture Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 99% more
Tata Elxsi Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹4 L/yr - ₹7 L/yr 20% more
Coforge Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹3.7 L/yr - ₹4.7 L/yr 6% less
Capgemini Product Development Engineer Salary 4 - 7 years exp. (3 salaries)	₹11.5 L/yr - ₹15 L/yr 193% more

Product Development Engineer salary at HCLTech ranges between ₹2.6 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 43 latest salaries received from various employees of HCLTech.

Experience wise HCLTech Product Development Engineer salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹3.4 L/yr - ₹6 L/yr
2 years (9 salaries)	₹3 L/yr - ₹6 L/yr
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3 years (5 salaries)	₹3.7 L/yr - ₹5.5 L/yr
4 years (9 salaries)	₹2.6 L/yr - ₹6.6 L/yr
5 years (5 salaries)	₹3.5 L/yr - ₹5.4 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr
7 years (6 salaries)	₹3.8 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in HCLTech

New Product Development Engineer Salary

(4 salaries)

₹9 L/yr - ₹16 L/yr

Development Engineer Salary

(5 salaries)

₹4.25 L/yr - ₹8 L/yr

Production Engineer Salary

(13 salaries)

₹2.5 L/yr - ₹10.55 L/yr

Product Engineer Salary

(86 salaries)

₹2.75 L/yr - ₹8 L/yr

Project Engineer Salary

(39 salaries)

₹3 L/yr - ₹10.05 L/yr

Senior Design Engineer Salary

(174 salaries)

₹4.44 L/yr - ₹14.3 L/yr

Assistant Engineer Salary

(6 salaries)

₹3.5 L/yr - ₹4.25 L/yr

Production Manager Salary

(19 salaries)

₹15 L/yr - ₹49.2 L/yr

Design Engineer Salary

(700 salaries)

₹2.4 L/yr - ₹9.5 L/yr

Software Engineer Salary

(23.3k salaries)

₹1.9 L/yr - ₹8 L/yr

Top skills at HCLTech for Product Development Engineer

Flash PLM Program Management team Product Development Nortel UG NX Data Analysis Assembly Retail Branch Banking SAS 70 Banking Operations HVAC Urology CATIA

Salary related reviews for HCLTech

2.8

Rated by 5 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

Hybrid WFH Good learning opportunities for presales Skill development Good Managers

Skill development - Good

+1 more

Dislikes

Poor Work life balance Forced to work overtime and on weekends Compensatory off not given Poor appraisal system Very poor salary

Salary - Poor

+3 more

Deputy Manager in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

...to the mark.. Acquisition is happen but it's not smooth as compared to others...I would like to join again if they have clarity in the salary structure and position

Salary - Good

+5 more

Dislikes

Policies and benefits, transport, medical and gratuity it's deducted from employees salary ..

Lead Engineer in Noida

Full Time

Data Science & Analytics Department

1.0

• posted on 23 Feb 2025

1.0

for Salary and Benefits

Likes

No peaks as such

Dislikes

...ies. Unnecessary cost cuttings Work life is not balance in most of the projects. No growth no promotion no salary hike. They always expect your contribution in more than one project.

Salary - Bad

+6 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

IT & Information Security Department

2.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

HCLTECH is a good company to work with. The work-life balance is good, but it depends on the project/account. The work atmosphere is good.

Dislikes

poor work-life balance, below-average salary and benefits, limited career growth opportunities, inconsistent management quality, concerns about job security due to project-based work, and a perception of inadequate salary hikes even with good performance

Salary - Poor

+6 more

Senior Software Engineer in Nagpur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 05 Feb 2025

2.0

for Salary and Benefits

Likes

The company offers robust training programs, certifications, and upskilling opportunities, particularly in emerging tech (AI, cloud, cybersecurity), helping employees stay competitive.

Skill development - Good

+1 more

Dislikes

we work really hard in project but the salary we are getting as junior's salary. I am not at happy with my hikes even though I got exceptional performance

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about HCLTech

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goodtoknow293

2w (edited)

currently not working

Hcl Tech EPB ( engagement or employee performance bonus) deduction issue.

Hi friends, I am sharing an important information with you. I have recently joined HCL tech. Last December, 2024 my first quarterly appraisal was done. I got near about 7+ out of 10. As of now everything was okay. But this month i.e March,2025 I got only 30% of my EPB component. I then connected with my HR and Manager and RM also but no response. Everyone said, I will check it etc etc....then I talked to one of my colleagues and got to know that if the rating is below 8.5 then 20 to 30% of the EPB component will be credited. Wow 😂...really shocked. Every one in HCL has this issue or concern. So guys if you are a new joiner, be cautious about your quarter or annual rating. Do not accept less than 8.5 or else it will be hugely impacted to your salary slip. Also 7.15 out of 10 is around 70%+...but how they were calculated 30%.. don't know...really bad policy implementation...I am now deciding to leave it now...

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HCLTech Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at HCLTech ?

The average salary of a Product Development Engineer at HCLTech in India typically ranges from ₹2.6 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Product Development Engineer at HCLTech earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Product Development Engineer Salaries at HCLTech 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 40+ HCLTech employees in India.

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

The estimated take-home salary of a Product Development Engineer at HCLTech in India typically ranges from ₹32,560 to ₹33,836 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 7 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 40+ salaries received from various employees of HCLTech. 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 HCLTech ?

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

- Flash
- PLM
- Program Management
- team
- Product Development

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

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

Capgemini	₹11.5 Lakhs to ₹15.0 Lakhs per year
Mercedes-Benz Research and Development India	₹8.0 Lakhs to ₹14.5 Lakhs per year
IBM	₹7.5 Lakhs to ₹14.0 Lakhs per year
Tech Mahindra	₹9.5 Lakhs to ₹14.0 Lakhs per year
DXC Technology	₹5.1 Lakhs to ₹10.0 Lakhs per year

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

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

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

Accenture	₹4.5 Lakhs to ₹16.0 Lakhs per year
TCS	₹4.0 Lakhs to ₹10.0 Lakhs per year
Tata Elxsi	₹4.0 Lakhs to ₹7.0 Lakhs per year
Coforge	₹3.7 Lakhs to ₹4.7 Lakhs per year
HCL Group	₹2.6 Lakhs to ₹4.1 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 HCLTech in India?

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

Experience	Average Salary Range
1 year	₹3.4 Lakhs to ₹6.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹3.7 Lakhs to ₹5.5 Lakhs per year
4 years	₹2.6 Lakhs to ₹6.6 Lakhs per year

and so on.

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HCLTech Product Development Engineer Salaries

HCLTech Product Development Engineer salary in India ranges between ₹2.6 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 HCLTech latest salaries received from various employees of HCLTech.