Hyster-yale Lift Trucks India Product Development Engineer Salaries by 10+ Employees (Updated 2024)

6 - 12 years exp.

₹6.8 Lakhs - ₹9.7 Lakhs

Salary of majority employees

9% more than the average Product Development Engineer Salary for 6 - 12 years of experience

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Last Updated: 6 Jan 2024

Companies similar to Hyster-yale Lift Trucks India for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Phenom Product Development Engineer Salary 0 - 4 years exp. (203 salaries)	₹5.3 L/yr - ₹18 L/yr 32% more	4 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (177 salaries)	₹5.4 L/yr - ₹9 L/yr 21% less
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TE Connectivity Product Development Engineer Salary 2 - 9 years exp. (121 salaries)	₹4 L/yr - ₹15.1 L/yr 10% more	1 job opening
HARMAN Product Development Engineer Salary 1 - 5 years exp. (82 salaries)	₹4 L/yr - ₹13.2 L/yr 11% less
UST Product Development Engineer Salary 2 - 6 years exp. (79 salaries)	₹3 L/yr - ₹8.8 L/yr 32% less

Product Development Engineer salary at Hyster-yale Lift Trucks India ranges between ₹6.8 Lakhs to ₹9.7 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 19 latest salaries received from various employees of Hyster-yale Lift Trucks India.

Experience wise Hyster-yale Lift Trucks India Product Development Engineer salaries

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
6 years (5 salaries)	₹6.8 L/yr - ₹8.8 L/yr
7 years (3 salaries)	₹7.5 L/yr - ₹8.6 L/yr
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8 years (5 salaries)	₹7.8 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹9.7 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.7 L/yr

View all

Similar Designation salaries in Hyster-yale Lift Trucks India

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Senior Design Engineer Salary

(20 salaries)

₹9 L/yr - ₹13.65 L/yr

Design Engineer Salary

(27 salaries)

₹3 L/yr - ₹8.26 L/yr

Software Engineer Salary

(3 salaries)

₹7.1 L/yr - ₹10 L/yr

Senior Engineer Salary

(6 salaries)

₹10.5 L/yr - ₹13.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹15.1 L/yr - ₹19.3 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Salary related reviews for Hyster-yale Lift Trucks India

2.0

Rated by 1 employees for salary & benefits

Senior Engineer in Pune

Full Time

Procurement & Supply Chain Department

2.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

...to support HYG global manufacturing plants. All are indian mentality management. 10 % salary of your package they locked every month to square employee. Not good company to work. This company is ok only for fresher to gain experience for six months to one year.

Dislikes

Indian managent. No promotion Not good salary hike Many persons are working from more than ten years in same department same work because they are not getting jobs in outside company

Technical Project Lead in Pune

Full Time

Product Development Department

5.0

• posted on 18 Jan 2022

3.0

for Salary and Benefits

Likes

work life balance

Dislikes

Compensation is decent , But growth is slow. work pressure is low. Managers do not value an Individual. Appreciation from clients intentionally unnoticed by management . no career path define :(

Supply Chain Specialist in Pune

Supply Chain Department

2.0

• posted on 05 Jun 2021

1.0

for Salary and Benefits

Likes

Lots of opportunities to learn & company passes on lots of work for you to perform at

Dislikes

...g a lot more from employee with little benefits being passed on to the employee. Will shower you with praises but will neglect the compensation side. No opportunity for growth in the India division. Everyone in India office works for their overseas plants so all benefits are transferred to their overseas employees & the people working here just leave after a couple of years when they realise they are not getting any benefit despite working for many years with 110% output!

New Product Development Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 May 2023

3.0

for Salary and Benefits

Likes

Work life balance is good. No extra work pressure, do your job and leave type of culture. Hybrid work culture is also a plus point. flexible work hours.

Dislikes

Learning new things can be better. Exposure is also poor. Managers are not motivators.

Supply Chain Specialist in Pune

Supply Chain Department

3.0

• posted on 13 Sep 2021

1.0

for Salary and Benefits

Likes

Good range of work & lots of learning opportunities if you grab them correctly

Dislikes

No scope of growth within the company in India. They expect you to stay on the same level for 5-6 years & try to supress you down if you ask for any growth. This results in no financial growth as well!

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hyster-yale Lift Trucks India Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Hyster-yale Lift Trucks India?

Product Development Engineer salary at Hyster-yale Lift Trucks India in India ranges between ₹6.8 Lakhs to ₹9.7 Lakhs for experience between 6 years to 12 years. According to our estimates it is 9% more than the average Product Development Engineer Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Hyster-yale Lift Trucks India India.

How does the salary of a Product Development Engineer at Hyster-yale Lift Trucks India India compare with the average salary range for this job?

The average salary of a Product Development Engineer at Hyster-yale Lift Trucks India is 9% more 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 Hyster-yale Lift Trucks India to a Product Development Engineer in India?

Phenom Product Development Engineer Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
TE Connectivity Product Development Engineer Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year

What is the salary of a Product Development Engineer in companies similar to Hyster-yale Lift Trucks India in India?

HARMAN Product Development Engineer Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
Comviva Technology Product Development Engineer Salary - ₹5.4 Lakhs to ₹9.0 Lakhs per year
UST Product Development Engineer Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year

What is the estimated take home salary of a Product Development Engineer at Hyster-yale Lift Trucks India in India?

The estimated take-home salary of a Product Development Engineer at Hyster-yale Lift Trucks India ranges between ₹63,273 per month to ₹64,882 per month in India. The take-home salary calculation is based on the average Hyster-yale Lift Trucks India Product Development Engineer salary in India which ranges between ₹6.8 Lakhs to ₹9.7 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at Hyster-yale Lift Trucks India?

According to AmbitionBox, 100% of the Hyster-yale Lift Trucks India Product Development Engineers reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Hyster-yale Lift Trucks India Product Development Engineer Salaries

Hyster-yale Lift Trucks India Product Development Engineer salary in India ranges between ₹6.8 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Hyster-yale Lift Trucks India latest salaries received from various employees of Hyster-yale Lift Trucks India.

Hyster-yale Lift Trucks India Product Development Engineer salaries in India

Companies similar to Hyster-yale Lift Trucks India for Product Development Engineer

Latest annual salaries shared by Hyster-yale Lift Trucks India Product Development Engineer

Experience wise Hyster-yale Lift Trucks India Product Development Engineer salaries

Similar Designation salaries in Hyster-yale Lift Trucks India

Salary related reviews for Hyster-yale Lift Trucks India

Senior Engineer in Pune

Technical Project Lead in Pune

Supply Chain Specialist in Pune

New Product Development Engineer in Pune

Supply Chain Specialist in Pune

Hyster-yale Lift Trucks India Product Development Engineer Salary FAQs

Tell us how to improve this page.