Parason Machinery new Product Development Engineer Salaries by Employees

Select experience

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 12 Aug 2024

Companies similar to Parason Machinery for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 12% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 8% less
Login to view exact salary
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 4% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 31% less
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 32% more

new Product Development Engineer salary at Parason Machinery ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Parason Machinery.

Similar Designation salaries in Parason Machinery

Production Engineer Salary

(24 salaries)

₹2.5 L/yr - ₹4.25 L/yr

Senior Design Engineer Salary

(13 salaries)

₹4.2 L/yr - ₹7.2 L/yr

Project Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4 L/yr

Design Engineer Salary

(52 salaries)

₹2 L/yr - ₹4.5 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2.4 L/yr - ₹6.25 L/yr

Software Engineer Salary

(3 salaries)

₹3 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(22 salaries)

₹4 L/yr - ₹8 L/yr

Production Supervisor Salary

(25 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Quality Engineer Salary

(8 salaries)

₹2 L/yr - ₹5.05 L/yr

Junior Engineer Salary

(23 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Salary related reviews for Parason Machinery

Senior Engineer in Aurangabad

Full Time

Marketing & Communication Department

4.0

• posted on 15 Apr 2024

4.0

for Salary and Benefits

Likes

...s and even are ready to bear the cost if needed. The office environment is good. No delay in salary.

Salary - Good

+5 more

Dislikes

There need to be some more engagement activities or sports competitions to keep the good mental health.

Marketing Executive in Aurangabad

Full Time

Marketing & Communication Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Don't like any thing. salary hike is below avarage , manager not behave properly, 9 to 8 woking hours makes very difficult to work life balance. Hr didn't follow any rules about salary consideration. Even bad for one day termination to many of the past employee's. Always forced for more work and annual tragets

Dislikes

Everythings, it's like a traning centre for all new joiners because they didn't give any retention employee. Also get frustrated during the December end due to mass layoff conducted by company.

Salary - Bad

+6 more

GST Officer in Aurangabad

Finance & Accounting Department

4.0

• posted on 26 Nov 2017

3.0

for Salary and Benefits

Likes

...erefore I learn how to find even small mistakes and therefore growth has done. 4) Good salary given me by company and good utilized my experience & knowledge Taxation 5) Very good environment for work 6) It is depend on us how to balance life professional & personal

Skill development - Excellent

+4 more

Dislikes

Director were involve in small things even there not need

Senior Executive Finance & Accounts in Aurangabad

Full Time

Finance & Accounting Department

1.0

• posted on 08 Apr 2025

3.0

for Salary and Benefits

Likes

Nothing to mention the things to be like.

Dislikes

No work life balnce. Bad work culture specially in Finance dept. Communication gap between the team members & inter department team members. All the Team members are not so cooperative.

Skill development - Poor

+5 more

Sales & Marketing in Aurangabad

Full Time

Sales & Business Development Department

5.0

• posted on 17 Apr 2024

5.0

for Salary and Benefits

Likes

I have been working with Parason Machinery since 2017 until now. I am happy with the company culture, training, and skill development. You learn so much in sales and marketing.

Salary - Excellent

+5 more

Dislikes

work hard to get promoted

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Parason Machinery?

Ask anonymously on communities.

Parason Machinery new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Parason Machinery in India?

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

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Parason Machinery Salaries >
Parason Machinery new Product Development Engineer Salaries

Parason Machinery new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs. This is an estimate based on latest salaries received from employees of Parason Machinery.