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4.1

based on 10.1k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra & Mahindra Design and Product Development Engineer salaries in India

Annual salary range
2 - 4 years exp.
₹4 Lakhs - ₹5.5 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.
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Design and Product Development Engineer Salary in Automobile Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 10 Aug 2024

Companies similar to Mahindra & Mahindra for Design and Product Development Engineer

Company name Avg Annual Salary Open Jobs
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Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary

3 - 8 years exp. (11 salaries)
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₹5 L/yr - ₹8.9 L/yr

arrow icon 50% more
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Tata Motors Design and Product Development Engineer Salary

8 - 17 years exp. (5 salaries)
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₹7.1 L/yr - ₹9.1 L/yr

arrow icon 100% more
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Ashok Leyland Design and Product Development Engineer Salary

1 - 2 years exp. (5 salaries)
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₹1.7 L/yr - ₹4.9 L/yr

arrow icon 10% less
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Fiat Chrysler Automobiles Design and Product Development Engineer Salary

1 - 4 years exp. (4 salaries)
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₹5.5 L/yr - ₹6 L/yr

arrow icon 33% more
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Daimler India Commercial Vehicles Design and Product Development Engineer Salary

2 - 5 years exp. (4 salaries)
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₹4.2 L/yr - ₹10 L/yr

arrow icon 43% more
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Ford Motor Design and Product Development Engineer Salary

5 - 18 years exp. (3 salaries)
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₹10 L/yr - ₹12 L/yr

arrow icon 168% more
Design and Product Development Engineer salary at Mahindra & Mahindra ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Design and Product Development Engineer

5mo ago
₹5.5 Lakhs
4 years exp.
1y ago
₹4 Lakhs
2 years exp.
1y ago
₹4 Lakhs
3 years exp.
1y ago
₹4.3 Lakhs
4 years exp.

Experience wise Mahindra & Mahindra Design and Product Development Engineer salaries

Last Updated: 10 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr

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Salary related reviews for Mahindra & Mahindra

1.0

Rated by 1 employees for salary & benefits

Senior Software Engineer in Coimbatore

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 25 Dec 2024
3.0
 for  Salary and Benefits

Likes

I only like work. Except for that work life balance is not good Compensation is ok Hike ok Overall company culture is not good

read more
  • Skill development - Good

Dislikes

Company culture It feels like we worked for 3 yr but actually its 1.5 yr only. With this example I think you can guess what I'm trying to say.

read more
  • Company culture - Bad
    • +1 more

Senior Engineer in Chennai

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Sep 2024
2.0
 for  Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

read more
  • Salary - Poor
    • +6 more

Deputy Manager in Bangalore / Bengaluru

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023
3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

  • Skill development - Good
    • +3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Senior Engineer in Chennai

Full Time

 · 

Research & Development Department

4.0
  •  posted on 04 Feb 2023
4.0
 for  Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

read more
  • Salary - Good
    • +4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

read more
  • Work-life balance - Poor

Design Engineer in Chennai

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 May 2023
3.0
 for  Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

  • Skill development - Excellent
    • +3 more

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

read more
see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
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Mahindra & Mahindra Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at Mahindra & Mahindra ?
The average salary of a Design and Product Development Engineer at Mahindra & Mahindra in India typically ranges from ₹4.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Design and Product Development Engineer at Mahindra & Mahindra earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Design and Product Development Engineer Salaries at Mahindra & Mahindra 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 Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Design and Product Development Engineer at Mahindra & Mahindra in India?
The estimated take-home salary of a Design and Product Development Engineer at Mahindra & Mahindra in India typically ranges from ₹31,414 to ₹32,707 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra & Mahindra for Design and Product Development Engineer in India?
Ford Motor ₹10.0 Lakhs to ₹12.0 Lakhs per year
Tata Motors ₹7.1 Lakhs to ₹9.1 Lakhs per year
Renault Nissan Technology & Business Centre India ₹5.0 Lakhs to ₹8.9 Lakhs per year
Daimler India Commercial Vehicles ₹4.2 Lakhs to ₹10.0 Lakhs per year
Fiat Chrysler Automobiles ₹5.5 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.
What is the salary of a Design and Product Development Engineer in companies similar to Mahindra & Mahindra in India?
The salary of a Design and Product Development Engineer at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ashok Leyland ₹1.7 Lakhs to ₹4.9 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 Design and Product Development Engineer at Mahindra & Mahindra in India?
The salary growth for a Design and Product Development Engineer at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Design and Product Development Engineer can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra & Mahindra Design and Product Development Engineer salary in India ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.