Matchwell Engineering new Product Development Engineer Salaries by 4 Employees (Updated 2025)

2 - 7 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

7% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 2 - 7 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Quality Assurance new Product Development Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 5 May 2024

Companies similar to Matchwell Engineering for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹11.1 L/yr 106% more
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 19% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 42% more
Armstrong Machine Builders new Product Development Engineer Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.6 L/yr 13% less
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 201% more
Europa Locks new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6.2 L/yr 22% more

new Product Development Engineer salary at Matchwell Engineering ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Matchwell Engineering.

Experience wise Matchwell Engineering new Product Development Engineer salaries

Last Updated: 5 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Matchwell Engineering

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Development Engineer Salary

(5 salaries)

₹3.15 L/yr - ₹4.7 L/yr

Production Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹3.25 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Production Manager Salary

(4 salaries)

₹3.6 L/yr - ₹8 L/yr

Design Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.2 L/yr

Mechanical Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(5 salaries)

₹3.2 L/yr - ₹7.5 L/yr

Production Supervisor Salary

(4 salaries)

₹3.6 L/yr - ₹6.3 L/yr

Salary related reviews for Matchwell Engineering

Production Supervisor in Pune

Manufacturing Unit 3 Department

2.0

• posted on 24 Nov 2021

1.0

for Salary and Benefits

Likes

On time salary

Dislikes

No madical policy No any increment Low diwali bonus Less work life balance Very poor work environment Poor management No transport No canteen facilities No training regarding work

Salary - Bad

+6 more

PLATING DEPARTMENT INCHARGE AND LAB ASSISTANT INCHARGE in Trveninagar Nigadi Pune

Research & Development Department

2.0

• posted on 19 Jul 2020

1.0

for Salary and Benefits

Likes

I only like teamwork .

Skill development - Good

Dislikes

No, I am happy working with matchwell group. Most of things I will learn from this group like leadership ,communication , planning most of important things are responsibility of our work and how do work with works as team. Thanks to matchwell group.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Matchwell Engineering new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Matchwell Engineering?

new Product Development Engineer salary at Matchwell Engineering in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 7% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Matchwell Engineering India.

How does the salary of a new Product Development Engineer at Matchwell Engineering India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Matchwell Engineering is 7% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Matchwell Engineering to a new Product Development Engineer in India?

SPX Flow Technology new Product Development Engineer Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year
Thermax Limited new Product Development Engineer Salary - ₹6.3 Lakhs to ₹11.1 Lakhs per year
Tech Mahindra new Product Development Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Europa Locks new Product Development Engineer Salary - ₹4.0 Lakhs to ₹6.2 Lakhs per year
TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.6 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Matchwell Engineering in India?

Armstrong Machine Builders new Product Development Engineer Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Matchwell Engineering in India?

The estimated take-home salary of a new Product Development Engineer at Matchwell Engineering ranges between ₹31,793 per month to ₹33,081 per month in India. The take-home salary calculation is based on the average Matchwell Engineering new Product Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Matchwell Engineering?

According to AmbitionBox, 100% of the Matchwell Engineering new Product Development Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Matchwell Engineering new Product Development Engineer Salaries

Matchwell Engineering new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Matchwell Engineering latest salaries received from various employees of Matchwell Engineering.