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L&T Technology Services new Product Development Engineer salaries in India

Annual salary range
3 - 12 years exp.
₹4.7 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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51% more than the average new Product Development Engineer Salary in IT Services & Consulting Companies for 3 - 12 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
3 - 12 years exp. (3 salaries)
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₹4.8 L/yr - ₹8 L/yr

UX, Design & Architecture
new Product Development Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.1 L/yr

Last Updated: 22 Sep 2023

Companies similar to L&T Technology Services for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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TCS new Product Development Engineer Salary

0 - 8 years exp. (12 salaries)

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₹3.4 L/yr - ₹7.6 L/yr

arrow icon 11% less
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₹4 L/yr - ₹7 L/yr

arrow icon 7% more
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₹5 L/yr - ₹13.1 L/yr

arrow icon 59% more
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₹2.7 L/yr - ₹5.7 L/yr

arrow icon 31% less
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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 43% less
new Product Development Engineer salary at L&T Technology Services ranges between ₹4.7 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Technology Services.

Latest annual salaries shared by L&T Technology Services new Product Development Engineer

1y ago
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4 years exp.
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12 years exp.
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4 years exp.
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3 years exp.

Experience wise L&T Technology Services new Product Development Engineer salaries

Last Updated: 22 Sep 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)

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₹8 L/yr - ₹8 L/yr

Similar Designation salaries in L&T Technology Services

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr
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₹5 L/yr - ₹10.9 L/yr
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₹4.3 L/yr - ₹11.5 L/yr
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₹4 L/yr - ₹12.5 L/yr
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₹3.5 L/yr - ₹11.05 L/yr
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₹4.75 L/yr - ₹18 L/yr
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₹3.8 L/yr - ₹4 L/yr
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₹17.13 L/yr - ₹28 L/yr
Design Engineer Salary
(1.3k salaries)
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₹2.4 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹7.5 L/yr

Salary related reviews for L&T Technology Services

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 04 Nov 2024

1.0
 for  Salary and Benefits

Likes

I couldn't find any positive point in L&T

Dislikes

...operate from Mysore. They are ruinning career of other location professional 6. No hike since last 2 years 7. You need to relocate every 2- month from Hyderabad to Bengaluru to Chennai to Mysore 8. Worst company ever I worked

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 19 Sep 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...rity No promotion Every month you will be asked to join at different location. In LTTS Pune there is no job opportunity HR management is poor No transportation facility There is no Project in LTTS Pune You will be asked to join early and then they will put you on bench Loss of pay after 2 months of bench period. If you want to avoid loss of pay you have to change your location from Pune to Bangalore to Hyderabad to Chennai to anywhere.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 27 Jul 2024

3.0
 for  Salary and Benefits

Likes

If you are lucky you will get good work and good project

Dislikes

Very bad promotions and salary hikes Even if you are a top performer it doesn't matter much when it comes to salary hikes, specially for freshers.

read more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 18 Jul 2024

2.0
 for  Salary and Benefits

Likes

Salary benefits is good but hike is matter of concern. Learning opportunities. Work location. Flexible timing

read more

Dislikes

Appraisal is a big concern, project uncertainty, work life balance very bad, no cab facilities for shift and working environment

read more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 05 Jul 2024

1.0
 for  Salary and Benefits

Likes

Just L&T fame name. You can brand your profile.

Dislikes

Projects are pick and place work mostly. Hikes and salary are not appropriable, Company culture also not much expected one. Just brand things are with L&T but no benefits when compared to other MNC.

read more
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L&T Technology Services new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at L&T Technology Services?
new Product Development Engineer salary at L&T Technology Services in India ranges between ₹4.7 Lakhs to ₹8.0 Lakhs for experience between 3 years to 12 years. According to our estimates it is 51% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Technology Services India.
How does the salary of a new Product Development Engineer at L&T Technology Services India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at L&T Technology Services is 51% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than L&T Technology Services to a new Product Development Engineer in India?
  • HCLTech new Product Development Engineer Salary - ₹5.0 Lakhs to ₹13.1 Lakhs per year
  • Tech Mahindra new Product Development Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to L&T Technology Services in India?
  • TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.6 Lakhs per year
  • INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
  • L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at L&T Technology Services in India?
The estimated take-home salary of a new Product Development Engineer at L&T Technology Services ranges between ₹43,287 per month to ₹44,403 per month in India. The take-home salary calculation is based on the average L&T Technology Services new Product Development Engineer salary in India which ranges between ₹4.7 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at L&T Technology Services?
According to AmbitionBox, 100% of the L&T Technology Services new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

L&T Technology Services new Product Development Engineer salary in India ranges between ₹4.7 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L&T Technology Services latest salaries received from various employees of L&T Technology Services.