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KONE Product Development Engineer salaries in Chennai

Annual salary range
2 - 7 years exp.
₹3.2 Lakhs - ₹7 Lakhs
Salary of majority employees
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32% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 2 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to KONE for Product Development Engineer in Chennai

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KONE Product Development Engineer Salary

2 - 7 years exp. (9 salaries)
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₹3.2 L/yr - ₹7 L/yr

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Company name Avg Annual Salary Open Jobs
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Fujitec Product Development Engineer Salary

2 - 5 years exp. (5 salaries)
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₹3.8 L/yr - ₹4.1 L/yr

arrow icon 24% less
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Ford Motor Product Development Engineer Salary

4 - 11 years exp. (38 salaries)
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₹7.9 L/yr - ₹20.8 L/yr

arrow icon 185% more
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Detroit Engineered Products Product Development Engineer Salary

2 - 6 years exp. (31 salaries)
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₹3.5 L/yr - ₹9 L/yr

arrow icon 7% less
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HCLTech Product Development Engineer Salary

1 - 7 years exp. (24 salaries)
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₹2.6 L/yr - ₹7.1 L/yr

arrow icon 17% less
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Renault Nissan Technology & Business Centre India Product Development Engineer Salary

2 - 10 years exp. (19 salaries)
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₹5.7 L/yr - ₹8 L/yr

arrow icon 27% more
Product Development Engineer salary at KONE ranges between ₹3.2 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of KONE.

Latest annual salaries shared by KONE Product Development Engineer in Chennai

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Experience wise KONE Product Development Engineer salaries in Chennai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹6.8 L/yr
View all

Similar Designation salaries in KONE

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(170 salaries)
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₹2 L/yr - ₹10 L/yr
Senior Design Engineer Salary
(19 salaries)
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₹5.8 L/yr - ₹8.5 L/yr
Software Engineer Salary
(14 salaries)
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₹3.5 L/yr - ₹9 L/yr
Production Engineer Salary
(11 salaries)
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₹2.25 L/yr - ₹4.2 L/yr
Senior Software Engineer Salary
(11 salaries)
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₹6 L/yr - ₹14.44 L/yr
Product Engineer Salary
(4 salaries)
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₹2.2 L/yr - ₹5.4 L/yr
Assistant Engineer Salary
(3 salaries)
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₹4.8 L/yr - ₹5 L/yr

Salary related reviews for KONE

Senior Engineer in Patna

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 10 Jul 2023
3.0
 for  Salary and Benefits

Likes

There are lot of thing in the organisation which makes a man capable of handling management but proper training in person is required. That is missing.

read more

Dislikes

There are no physical trainings provided. No clear portal for learning. Pressure is high due to quarterly bonus system.

read more

Senior Specialist in Chennai

Full Time

 · 

Quality Assurance Department

4.0
  •  posted on 23 Dec 2023
4.0
 for  Salary and Benefits

Likes

...re working. Global functions have good scope and visibility in the organization. Got a salary and designation change after 1 year of joining. Good appraisals as KONE has achieved its targets (exceeded) for 2023.

read more

Dislikes

Conservative environment, lack of knowledge with the current tools and applications. Operations area are quiet hectic to work.

read more

Technician in Kolkata

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Jul 2023
2.0
 for  Salary and Benefits

Likes

Too much Process oriented company. Salary gets credited on time.

Dislikes

Managers e.g. smrat mukharje in Kolkata branch are pathatic they put life thretening pressure. abuses all his juniors and he not have any good communinal skills. He wanted to take job if he don't like anyone for his personal reason such as lack of oilin & butterin.. He treats everyone like slavas. 100+ people lift becoz him in kol..

read more

Service Technician in Chennai

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 08 Mar 2023
3.0
 for  Salary and Benefits

Likes

Safety wise good. Top management activities good.

Dislikes

... the target in time so Management need to improve different quality of target . Finally my personal opinion is salary is not sufficient and need to revise the salary for management and trainee.Thanks for the given opportunity

read more

Material Management Executive in Chennai

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 04 Dec 2022
4.0
 for  Salary and Benefits

Likes

One of the best Manufacturing industry.. I work in Global research centre. Here you can come accross various teams and their activities.. Work wise it is one of the best place.

read more

Dislikes

Salary for new commers are great but for the existing employees it is worst.. This will make you to think how company values its existing employees who have more experience and knowledge..

read more
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a technical project manager
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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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KONE Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at KONE Chennai?
Product Development Engineer salary at KONE in Chennai ranges between ₹3.2 Lakhs to ₹7.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 32% less than the average Product Development Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of KONE Chennai.
How does the salary of a Product Development Engineer at KONE Chennai compare with the average salary range for this job?
The average salary of a Product Development Engineer at KONE is 32% less than the average salary of a Product Development Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than KONE to a Product Development Engineer in Chennai?
  • Ford Motor Product Development Engineer Salary - ₹7.9 Lakhs to ₹20.8 Lakhs per year
  • Renault Nissan Technology & Business Centre India Product Development Engineer Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Product Development Engineer in companies similar to KONE in Chennai?
  • Detroit Engineered Products Product Development Engineer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
  • HCLTech Product Development Engineer Salary - ₹2.6 Lakhs to ₹7.1 Lakhs per year
  • Fujitec Product Development Engineer Salary - ₹3.8 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Product Development Engineer at KONE in Chennai?
The estimated take-home salary of a Product Development Engineer at KONE ranges between ₹39,598 per month to ₹40,769 per month in Chennai. The take-home salary calculation is based on the average KONE Product Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹7.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

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KONE Product Development Engineer salary in Chennai ranges between ₹3.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 KONE latest salaries received from various employees of KONE.