Octillion Power Systems new Product Development Engineer Salaries by 2 Employees (Updated 2025)

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₹3 Lakhs - ₹3.8 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 22 Jan 2025

Companies similar to Octillion Power Systems for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 49% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 79% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 240% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 18% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 2% less

new Product Development Engineer salary at Octillion Power Systems ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Octillion Power Systems.

Similar Designation salaries in Octillion Power Systems

Product Development Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Production Engineer Salary

(40 salaries)

₹1.5 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Production Manager Salary

(3 salaries)

₹15 L/yr - ₹18 L/yr

Design Engineer Salary

(4 salaries)

₹5 L/yr - ₹8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Quality Engineer Salary

(38 salaries)

₹2.48 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹3.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for Octillion Power Systems

4.0

Rated by 1 employees for salary & benefits

Service Engineer in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Aug 2024

5.0

for Salary and Benefits

Likes

Company management is very good and supportive There's a lot of scope to learn new things from senior engineers Job security, company policies, and work culture is very good

Salary - Excellent

+6 more

Dislikes

Salaries are not upto the mark they are paying only based on experience

see more salary related reviews

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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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Octillion Power Systems new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Octillion Power Systems in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Octillion Power Systems new Product Development Engineer Salaries

Octillion Power Systems new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs. This is an estimate based on latest salaries received from employees of Octillion Power Systems.