HCLTech Chennai Product Development Engineer Salaries by 20+ Employees

1 - 7 years exp.

₹2.6 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% 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. (17 salaries)	₹2.6 L/yr - ₹6.5 L/yr
Legal & Regulatory Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
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Production, Manufacturing & Engineering Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.4 L/yr

Last Updated: 18 Nov 2024

Companies similar to HCLTech for Product Development Engineer in Chennai

HCLTech Product Development Engineer Salary

1 - 7 years exp. (23 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HCL Group Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.6 L/yr - ₹4.1 L/yr 23% less
TCS Product Development Engineer Salary 2 - 9 years exp. (6 salaries)	₹4.2 L/yr - ₹9.5 L/yr 47% more
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Mercedes-Benz Research and Development India Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹10.1 L/yr - ₹12 L/yr 161% more
Ford Motor Product Development Engineer Salary 4 - 11 years exp. (38 salaries)	₹7.9 L/yr - ₹20.8 L/yr 241% more
Detroit Engineered Products Product Development Engineer Salary 2 - 5 years exp. (32 salaries)	₹3.5 L/yr - ₹9 L/yr 26% more

Product Development Engineer salary at HCLTech ranges between ₹2.6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 23 latest salaries received from various employees of HCLTech.

Experience wise HCLTech Product Development Engineer salaries in Chennai

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹3.4 L/yr - ₹6 L/yr
2 years (6 salaries)	₹3 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (3 salaries)	₹2.6 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (4 salaries)	₹4 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in HCLTech

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(172 salaries)

₹2.5 L/yr - ₹10 L/yr

Product Engineer Salary

(42 salaries)

₹2.75 L/yr - ₹6.5 L/yr

Senior Design Engineer Salary

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₹3.65 L/yr - ₹11 L/yr

Project Engineer Salary

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₹3.2 L/yr - ₹6.85 L/yr

Production Manager Salary

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₹18 L/yr - ₹33.2 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

2.0

Rated by 2 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

View All

Cctc - 27.4 (21.6 fixed + 5.8 variable) Yoe - 10.7 years Tech stack: .Net full stack + Azure PaaS Cognizant offered around 42% hike on fixed component and gave 32LPA (30.5 fixed + 1.5 variable) Got selected for HCL Tech (Henkel client) and LTIMindtree and expecting offers/HR discussion soon. Question is how much "Fixed component" should I ask them? Thanks in advance

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HCLTech Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at HCLTech in Chennai?

The average salary of a Product Development Engineer at HCLTech in Chennai typically ranges from ₹2.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Product Development Engineer in Chennai at HCLTech earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.5 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 20+ HCLTech employees in India.

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

The estimated take-home salary of a Product Development Engineer at HCLTech in Chennai typically ranges from ₹32,641 to ₹33,916 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.5 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 20+ 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 in Chennai?

To be a Product Development Engineer at HCLTech in Chennai, 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?

Ford Motor	₹7.9 Lakhs to ₹20.8 Lakhs per year
Mercedes-Benz Research and Development India	₹10.1 Lakhs to ₹12.0 Lakhs per year
TCS	₹4.2 Lakhs to ₹9.5 Lakhs per year
Detroit Engineered Products	₹3.5 Lakhs to ₹9.0 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 Chennai?

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

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 Chennai?

The salary growth for a Product Development Engineer at HCLTech in Chennai depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer in Chennai 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	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹7.9 Lakhs per year

and so on.

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HCLTech Product Development Engineer Salaries in Chennai

HCLTech Product Development Engineer salary in Chennai ranges between ₹2.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 HCLTech latest salaries received from various employees of HCLTech.