Maraica Industries Chennai new Product Development Engineer Salaries by 3 Employees (Updated 2025)

2 - 3 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

27% 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 in Chennai

Maraica Industries new Product Development Engineer Salary

2 - 3 years exp. (3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra new Product Development Engineer Salary 0 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr 91% more
Caparo Engineering India new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹1.6 L/yr - ₹3.2 L/yr 31% less
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Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 114% more
Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 41% more
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (16 salaries)	₹2.9 L/yr - ₹7.5 L/yr 70% 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 in Chennai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Maraica Industries

Quality Engineer Salary

(17 salaries)

₹1.55 L/yr - ₹3 L/yr

Design Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹3 L/yr

Production Manager Salary

(3 salaries)

₹8.1 L/yr - ₹10.4 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.

Salary - Good

+4 more

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

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Maraica Industries new Product Development Engineer Salaries in Chennai

Maraica Industries new Product Development Engineer salary in Chennai 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 Chennai