Microtech Engineering Chennai 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

11% 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 in Chennai

Microtech Engineering new Product Development Engineer Salary

6 - 8 years exp. (3 salaries)

₹2.7 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹7.5 L/yr 43% more
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 74% more
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Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 14% more
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (16 salaries)	₹2.9 L/yr - ₹7.5 L/yr 38% more
Foxconn new Product Development Engineer Salary 3 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹8 L/yr 37% 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 in Chennai

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

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 in Chennai?

According to AmbitionBox, 100% of the Microtech Engineering new Product Development Engineers in Chennai 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 in Chennai

Microtech Engineering new Product Development Engineer salary in Chennai 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.