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

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₹4.9 Lakhs - ₹6.2 Lakhs

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Last Updated: 29 Feb 2024

Companies similar to Memco 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 58% more
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 9% less
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 10% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 64% more
Armstrong Machine Builders new Product Development Engineer Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.6 L/yr 33% less
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 131% more
Europa Locks new Product Development Engineer Salary 3 - 7 years exp. (3 salaries)	₹4 L/yr - ₹6.2 L/yr 6% less

new Product Development Engineer salary at Memco Engineering ranges between ₹4.9 Lakhs to ₹6.2 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Memco Engineering.

Similar Designation salaries in Memco Engineering

Production Engineer Salary

(5 salaries)

₹1.45 L/yr - ₹4.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1 L/yr - ₹4.2 L/yr

Senior Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6.9 L/yr

Production Supervisor Salary

(3 salaries)

₹2 L/yr - ₹3.6 L/yr

Quality Engineer Salary

(6 salaries)

₹2.68 L/yr - ₹4 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for Memco Engineering

Engineer Trainee in Nashik

Full Time

Other Department

3.0

• posted on 22 Feb 2024

3.0

for Salary and Benefits

Likes

The way they teach basics about production line and how to face situations and encourage to learn something new.

Skill development - Good

Dislikes

financial growth is very poor and as per education they don't treat such respect. The degree holder and 12th pass employee both are same for them.

Job security - Poor

+2 more

T&C Engineer in Bangalore / Bengaluru

Construction & Site Engineering Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

I am from Memco. Mitsubishi gave contract to memco to carry out testing and commission activities in india and no direct T and C person from Mitsubishi working in india

Salary - Good

+6 more

Dislikes

Job change over will improve my growth

see more salary related reviews

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Memco Engineering new Product Development Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Memco Engineering new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Memco Engineering new Product Development Engineer Salaries

Memco Engineering new Product Development Engineer salary in India ranges between ₹4.9 Lakhs to ₹6.2 Lakhs. This is an estimate based on latest salaries received from employees of Memco Engineering.