Magal Engg Tech new Product Development Engineer Salaries by Employees (Updated 2025)

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₹1.9 Lakh - ₹2.4 Lakhs

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Last Updated: 14 Mar 2023

Companies similar to Magal Engg Tech for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹11.1 L/yr 307% more
ABB new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 129% more
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TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 135% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 182% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 321% more
Armstrong Machine Builders new Product Development Engineer Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹5.6 L/yr 73% more
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 495% more
Europa Locks new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6.2 L/yr 142% more

new Product Development Engineer salary at Magal Engg Tech ranges between ₹1.9 Lakh to ₹2.4 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magal Engg Tech.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magal Engg Tech new Product Development Engineer Salaries

Magal Engg Tech new Product Development Engineer salary in India ranges between ₹1.9 Lakh to ₹2.4 Lakhs. This is an estimate based on latest salaries received from employees of Magal Engg Tech.

Magal Engg Tech new Product Development Engineer salaries in India

Companies similar to Magal Engg Tech for new Product Development Engineer

Similar Designation salaries in Magal Engg Tech

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