KONE Product Engineer Salaries by 4 Employees

1 - 4 years exp.

₹2.2 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Product Engineer Salary in Industrial Machinery Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2023

Companies similar to KONE for Product Engineer

Company name	Avg Annual Salary	Open Jobs
Trane Technologies Product Engineer Salary 1 - 6 years exp. (23 salaries)	₹6 L/yr - ₹11.7 L/yr 158% more
John Deere Product Engineer Salary 2 - 18 years exp. (14 salaries)	₹9.8 L/yr - ₹29.4 L/yr 422% more
Login to view exact salary
Stanley Black & Decker Product Engineer Salary 2 - 8 years exp. (7 salaries)	₹7 L/yr - ₹10 L/yr 129% more
Mitsubishi Power India Product Engineer Salary 7 - 12 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 51% more
Cummins Generator Technologies Product Engineer Salary 3 - 6 years exp. (4 salaries)	₹6.4 L/yr - ₹7.5 L/yr 92% more
ABB Product Engineer Salary 4 - 8 years exp. (3 salaries)	₹12 L/yr - ₹24 L/yr 406% more

Product Engineer salary at KONE ranges between ₹2.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of KONE.

Experience wise KONE Product Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in KONE

Project Engineer Salary

(9 salaries)

₹3.15 L/yr - ₹9.3 L/yr

Lead Engineer Salary

(31 salaries)

₹5.35 L/yr - ₹9.9 L/yr

Senior Engineer Salary

(126 salaries)

₹4.95 L/yr - ₹14.9 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Software Engineer Salary

(17 salaries)

₹3.5 L/yr - ₹9 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Senior Software Engineer Salary

(14 salaries)

₹8 L/yr - ₹15 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Team Lead Salary

(26 salaries)

₹5.9 L/yr - ₹14 L/yr

Technical Lead Salary

(17 salaries)

₹8.8 L/yr - ₹30 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.

Dislikes

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

Skill development - Bad

+1 more

Business Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Not at all, this a hell of a company. Work culture in Kone kolkata branch is very very bad. No job stability l, Specially seniors asks for special favours especially from female employees like us for promotion and growth in career. This is not a safe place for any employee be it a women or men. Situations are similar In regional office and kolkata branch offices are headed by perverts. Specially in kolkata branch office we regularly hear words e.g."b*k* c*oda, b@r*, khan**, Ren** by branch head S. Mukher*** while calling his subordinates regularly. Branch head has very less patience level uses slags every now and then and also known for abusing his juniors. hR has no role to play in this instead they turn deaf ear to all such complaints l made by any employee. In order to get promoted here one needs to provide extra service to BH other than kick backs. BH is directly involved in vendor favouritism in exchange of cash, employee favouritism and lift license cash handling.

Dislikes

Everything except timely salary.

Salary - Bad

+6 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.

Salary - Good

+6 more

Dislikes

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

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.

Job security - Good

+1 more

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

Promotions - Poor

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.

Salary - Good

+5 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..

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about KONE?

Ask anonymously on communities.

KONE Product Engineer Salary FAQs

What is the salary of Product Engineer at KONE ?

The average salary of a Product Engineer at KONE in India typically ranges from ₹2.2 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Product Engineer at KONE earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Product Engineer Salaries at KONE 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 4 KONE employees in India.

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

The estimated take-home salary of a Product Engineer at KONE in India typically ranges from ₹26,873 to ₹28,284 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 salaries received from various employees of KONE. Check how we calculate in-hand salary with our in-hand salary calculator.

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

John Deere	₹9.8 Lakhs to ₹29.4 Lakhs per year
ABB	₹12.0 Lakhs to ₹24.0 Lakhs per year
Trane Technologies	₹6.0 Lakhs to ₹11.7 Lakhs per year
Stanley Black & Decker	₹7.0 Lakhs to ₹10.0 Lakhs per year
Cummins Generator Technologies	₹6.4 Lakhs to ₹7.5 Lakhs per year

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

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

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

Mitsubishi Power India

₹4.0 Lakhs to ₹8.0 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 Engineer at KONE in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
KONE Salaries >
KONE Product Engineer Salaries

KONE Product Engineer salary in India ranges between ₹2.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 KONE latest salaries received from various employees of KONE.