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Maraica Industries

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3.9

based on 22 Reviews

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Maraica Industries new Product Development Engineer salaries in India

Annual salary range
2 - 3 years exp.
₹2.5 Lakhs - ₹3.2 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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33% less than the average new Product Development Engineer Salary for 2 - 3 years of experience

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Last Updated: 14 Mar 2023

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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.

Latest annual salaries shared by Maraica Industries new Product Development Engineer

1y ago
₹3 Lakhs
2 years exp.
1y ago
₹3.2 Lakhs
3 years exp.
1y ago
₹2.5 Lakhs
2 years exp.

Experience wise Maraica Industries new Product Development Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in Maraica Industries

Production Engineer Salary
(6 salaries)
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₹3 L/yr - ₹3.85 L/yr
Production Manager Salary
(5 salaries)
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₹9 L/yr - ₹11 L/yr
Design Engineer Salary
(3 salaries)
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₹1.5 L/yr - ₹3 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹27.5 L/yr - ₹35.1 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Quality Engineer Salary
(19 salaries)
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₹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.

read more
  • 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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Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Maraica Industries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Maraica Industries in India?
The salary growth for a new Product Development Engineer at Maraica Industries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Maraica Industries:

Experience Average Salary Range
2 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
and so on.

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