MAT Holdings, Inc Product Development Engineer Salaries by Employees

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₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 21 Aug 2023

Companies similar to MAT Holdings, Inc for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Development Engineer Salary 1 - 5 years exp. (85 salaries)	₹4 L/yr - ₹14 L/yr 78% more
UST Product Development Engineer Salary 2 - 6 years exp. (71 salaries)	₹3 L/yr - ₹8.7 L/yr 40% more
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Ford Motor Product Development Engineer Salary 4 - 11 years exp. (50 salaries)	₹7.9 L/yr - ₹20.8 L/yr 257% more
Royal Enfield Product Development Engineer Salary 0 - 4 years exp. (9 salaries)	₹3 L/yr - ₹5 L/yr 16% less
Tata Motors Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹8.3 L/yr 22% more
Ashok Leyland Product Development Engineer Salary 0 - 2 years exp. (7 salaries)	₹2 L/yr - ₹7.9 L/yr 32% less
Havells Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 41% more
Cummins Product Development Engineer Salary 4 - 10 years exp. (5 salaries)	₹9.1 L/yr - ₹16 L/yr 122% more
VE Commercial Vehicles Product Development Engineer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 25% less

Product Development Engineer salary at MAT Holdings, Inc ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of MAT Holdings, Inc.

Similar Designation salaries in MAT Holdings, Inc

New Product Development Engineer Salary

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₹3.6 L/yr - ₹6.5 L/yr

Development Engineer Salary

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₹3.2 L/yr - ₹4.1 L/yr

Production Engineer Salary

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₹2.55 L/yr - ₹4.8 L/yr

Senior Design Engineer Salary

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₹4.8 L/yr - ₹6 L/yr

Assistant Engineer Salary

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₹2.8 L/yr - ₹3.5 L/yr

Design Engineer Salary

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Senior Engineer Salary

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₹3.75 L/yr - ₹5.5 L/yr

Production Supervisor Salary

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₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for MAT Holdings, Inc

Design Engineer in Sonipat

Full Time

Other Department

5.0

• posted on 08 Aug 2023

4.0

for Salary and Benefits

Likes

I had worked in 3D design Team, it was a great work experience as i got an opportunity to learn a lot about product as well as gained software knowledge. Team was very supportive and each member helped me a lot. Got an opportunity to learn about Reverse Engineering with working on 3D scanned data gives me a lot of learning.

Salary - Good

+6 more

Dislikes

Salary structure is less, with less appraisal %

Lead Engineer in Sonipat

Full Time

Operations/Lean Department

3.0

• posted on 23 Aug 2022

2.0

for Salary and Benefits

Likes

You have a lot to learn in operations department as team is very supportive. You can learn about various industries in single group. You can learn how to implement lean tools.

Skill development - Excellent

+2 more

Dislikes

Promotions or appraisal is not good here, job satisfaction is depend upon you. They will not pay you according to your talent.

Salary - Poor

+1 more

Engineer in Sonipat

Full Time

Engineering - Software & QA Department

3.0

• posted on 26 Sep 2024

1.0

for Salary and Benefits

Likes

Flexible Office timings Interaction with management boost confidence

Dislikes

Tone of voice during office meetings makes it little wired for educated people to listen and work. And working all Sunday by saying orders are increasing…

Salary - Bad

+4 more

Assistant Manager in Sonipat

Full Time

IT & Information Security Department

1.0

• posted on 08 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Everything, specially HR dept. - dept. Which creates turbulence and never recognise god work efforts. HR-VP Ms. ND and GVP joint effort to create turbulance Job security with India top mgmt is NIL Suggest not to join this company

Salary - Bad

+6 more

Dispatch Supervisor in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

I like my logistics department and the friendly relationship with Human resources to every employees.

Salary - Excellent

+6 more

Dislikes

Not dislike we need increment of our heart and mind acceptance Of everyyear or every six months No dislikesof anything.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MAT Holdings, Inc Product Development Engineer Salary FAQs

How the salary growth look like for a Product Development Engineer at MAT Holdings, Inc in India?

The salary growth for a Product Development Engineer at MAT Holdings, Inc depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at MAT Holdings, Inc:

Experience	Average Salary Range
11 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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MAT Holdings, Inc Product Development Engineer Salaries

MAT Holdings, Inc Product Development Engineer salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs. This is an estimate based on latest salaries received from employees of MAT Holdings, Inc.