High Precision Industry Product Development Engineer Salaries by 4 Employees (Updated 2024)

6 - 9 years exp.

₹3.5 Lakhs - ₹4.6 Lakhs

Salary of majority employees

46% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 6 - 9 years of experience

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Last Updated: 30 Nov 2023

Companies similar to High Precision Industry for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Product Development Engineer Salary 0 - 4 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 28% more
TCS Product Development Engineer Salary 1 - 9 years exp. (19 salaries)	₹4 L/yr - ₹10 L/yr 51% more
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HCLTech Product Development Engineer Salary 1 - 7 years exp. (46 salaries)	₹2.6 L/yr - ₹7.1 L/yr 3% more
Siemens Product Development Engineer Salary 0 - 11 years exp. (5 salaries)	₹6 L/yr - ₹11 L/yr 95% more
Europa Locks Product Development Engineer Salary 0 - 5 years exp. (6 salaries)	₹4.3 L/yr - ₹5.2 L/yr 13% more
SPX Flow Technology Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹6.9 L/yr - ₹10.5 L/yr 103% more

Product Development Engineer salary at High Precision Industry ranges between ₹3.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of High Precision Industry.

Experience wise High Precision Industry Product Development Engineer salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in High Precision Industry

Production Engineer Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Design Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Supervisor Salary

(4 salaries)

₹2.15 L/yr - ₹2.4 L/yr

Quality Engineer Salary

(4 salaries)

₹2 L/yr - ₹2.4 L/yr

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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High Precision Industry Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at High Precision Industry?

Product Development Engineer salary at High Precision Industry in India ranges between ₹3.5 Lakhs to ₹4.6 Lakhs for experience between 6 years to 9 years. According to our estimates it is 46% less than the average Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of High Precision Industry India.

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

The average salary of a Product Development Engineer at High Precision Industry is 46% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than High Precision Industry to a Product Development Engineer in India?

SPX Flow Technology Product Development Engineer Salary - ₹6.9 Lakhs to ₹10.5 Lakhs per year
Siemens Product Development Engineer Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
TCS Product Development Engineer Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Bosch Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Europa Locks Product Development Engineer Salary - ₹4.3 Lakhs to ₹5.2 Lakhs per year

What is the salary of a Product Development Engineer in companies similar to High Precision Industry in India?

HCLTech Product Development Engineer Salary - ₹2.6 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Product Development Engineer at High Precision Industry ranges between ₹31,740 per month to ₹33,028 per month in India. The take-home salary calculation is based on the average High Precision Industry Product Development Engineer salary in India which ranges between ₹3.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at High Precision Industry?

According to AmbitionBox, 100% of the High Precision Industry 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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High Precision Industry Product Development Engineer Salaries

High Precision Industry Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 High Precision Industry latest salaries received from various employees of High Precision Industry.