Microtech Engineering new Product Development Engineer Salaries by 3 Employees (Updated 2025)

6 - 8 years exp.

₹2.7 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

10% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 6 - 8 years of experience

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Last Updated: 23 Jun 2024

Companies similar to Microtech 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 147% more
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 42% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 71% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 155% more
C.R.I. Pumps new Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 52% less
Flowserve new Product Development Engineer Salary 8 - 11 years exp. (3 salaries)	₹9.4 L/yr - ₹10.5 L/yr 184% more

new Product Development Engineer salary at Microtech Engineering ranges between ₹2.7 Lakhs to ₹4 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Microtech Engineering.

Experience wise Microtech Engineering new Product Development Engineer salaries

Last Updated: 23 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Microtech Engineering

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₹1.45 L/yr - ₹4.3 L/yr

Senior Design Engineer Salary

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₹1.8 L/yr - ₹2.3 L/yr

Project Engineer Salary

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₹3.4 L/yr - ₹4.4 L/yr

Assistant Engineer Salary

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₹2.9 L/yr - ₹3.7 L/yr

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₹3 L/yr - ₹3.8 L/yr

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₹1.8 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

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₹3 L/yr - ₹15 L/yr

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₹3.3 L/yr - ₹4.9 L/yr

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₹3.6 L/yr - ₹4.6 L/yr

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₹1.5 L/yr - ₹3.4 L/yr

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Microtech Engineering new Product Development Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Microtech 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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Microtech Engineering new Product Development Engineer Salaries

Microtech Engineering new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Microtech Engineering latest salaries received from various employees of Microtech Engineering.