Maraica Industries new Product Development Engineer Salaries by 3 Employees (Updated 2024)

2 - 3 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

32% less than the average new Product Development Engineer Salary for 2 - 3 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Maraica Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (10 salaries)	₹2 L/yr - ₹7.4 L/yr 85% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 82% more
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Caparo Engineering India new Product Development Engineer Salary 0 - 5 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 26% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 65% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (73 salaries)	₹2.7 L/yr - ₹5.7 L/yr 45% more

new Product Development Engineer salary at Maraica Industries ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Maraica Industries.

Experience wise Maraica Industries new Product Development Engineer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Maraica Industries

Production Engineer Salary

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₹3 L/yr - ₹4 L/yr

Production Manager Salary

(5 salaries)

₹9 L/yr - ₹11 L/yr

Design Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Quality Engineer Salary

(19 salaries)

₹1.55 L/yr - ₹3 L/yr

Salary related reviews for Maraica Industries

Quality Engineer in Chennai

Quality Department

5.0

• posted on 13 Aug 2018

4.0

for Salary and Benefits

Likes

Maraica industries, chennai is a tier 2 automotive ancillary unit industry of masters in sheet metal press components. Its a good place to learn more things in a single place as it is a medium scale industry. Here the company gives us total freedom to work at any time after shift ends and make us learn all departments in company with regular interval of internal change after gaining complete knowledge about specific departments.

Dislikes

Nothing to say bad about our organisation, as its a learning place we can't expect effcient growth there.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Maraica Industries new Product Development Engineer Salaries

Maraica Industries new Product Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Maraica Industries latest salaries received from various employees of Maraica Industries.

Maraica Industries new Product Development Engineer salaries in India

Companies similar to Maraica Industries for new Product Development Engineer

Latest annual salaries shared by Maraica Industries new Product Development Engineer

Experience wise Maraica Industries new Product Development Engineer salaries

Similar Designation salaries in Maraica Industries

Salary related reviews for Maraica Industries

Quality Engineer in Chennai

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