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4.1

based on 9.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra & Mahindra Product Development Engineer salaries in India

Annual salary range
0 - 6 years exp.
₹2.4 Lakhs - ₹10 Lakhs
Salary of majority employees
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11% less than the average Product Development Engineer Salary in Automobile Companies for 0 - 6 years of experience

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Last Updated: 7 Dec 2024

Companies similar to Mahindra & Mahindra for Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹8.3 L/yr

arrow icon 23% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 63% less
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Ford Motor Product Development Engineer Salary

4 - 11 years exp. (50 salaries)

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₹7.9 L/yr - ₹20.8 L/yr

arrow icon 125% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 49% less
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₹5.6 L/yr - ₹8 L/yr

arrow icon 11% less
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₹6.5 L/yr - ₹8.2 L/yr

arrow icon 14% more
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₹3.5 L/yr - ₹8.1 L/yr

arrow icon 19% less
Product Development Engineer salary at Mahindra & Mahindra ranges between ₹2.4 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 18 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Product Development Engineer

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Experience wise Mahindra & Mahindra Product Development Engineer salaries

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹6.5 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹10 L/yr
2 years  (4 salaries)

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₹3.5 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹12.7 L/yr
4 years  (4 salaries)

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₹2.4 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in Mahindra & Mahindra

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₹6.3 L/yr - ₹11 L/yr
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₹1.95 L/yr - ₹8.83 L/yr
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₹5.2 L/yr - ₹16.05 L/yr
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₹1.45 L/yr - ₹9.2 L/yr

Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 employees for salary & benefits

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

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

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

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.

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

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

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

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

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
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Mahindra & Mahindra Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Mahindra & Mahindra?
Product Development Engineer salary at Mahindra & Mahindra in India ranges between ₹2.4 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 11% less than the average Product Development Engineer Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Mahindra & Mahindra India.
How does the salary of a Product Development Engineer at Mahindra & Mahindra India compare with the average salary range for this job?
The average salary of a Product Development Engineer at Mahindra & Mahindra is 11% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra & Mahindra to a Product Development Engineer in India?
  • Ford Motor Product Development Engineer Salary - ₹7.9 Lakhs to ₹20.8 Lakhs per year
  • Mahindra Automotives Product Development Engineer Salary - ₹6.5 Lakhs to ₹8.2 Lakhs per year
What is the salary of a Product Development Engineer in companies similar to Mahindra & Mahindra in India?
  • Fiat Chrysler Automobiles Product Development Engineer Salary - ₹5.6 Lakhs to ₹8.0 Lakhs per year
  • Daimler India Commercial Vehicles Product Development Engineer Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year
  • Tata Motors Product Development Engineer Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
  • Royal Enfield Product Development Engineer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
  • Ashok Leyland Product Development Engineer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Product Development Engineer at Mahindra & Mahindra in India?
The estimated take-home salary of a Product Development Engineer at Mahindra & Mahindra ranges between ₹52,799 per month to ₹54,111 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Product Development Engineer salary in India which ranges between ₹2.4 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Product Development Engineer at Mahindra & Mahindra?
According to AmbitionBox, 43% of the Mahindra & Mahindra Product Development Engineers reported a notice period of 3 Months, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Product Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.