Perfect Gears Chennai Product Development Engineer Salaries by 3 Employees (Updated 2024)

1 - 3 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Product Development Engineer Salary in Auto Components Companies for 1 - 3 years of experience

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Salaries in different departments

Research & Development Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Product Management Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 18 Oct 2023

Companies similar to Perfect Gears for Product Development Engineer in Chennai

Perfect Gears Product Development Engineer Salary

1 - 3 years exp. (3 salaries)

₹1.8 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Product Development Engineer Salary 0 - 6 years exp. (15 salaries)	₹2.4 L/yr - ₹10 L/yr 194% more
MRF Tyres Product Development Engineer Salary 1 - 4 years exp. (12 salaries)	₹5.3 L/yr - ₹8.2 L/yr 211% more
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Apollo Tyres Product Development Engineer Salary 3 - 11 years exp. (8 salaries)	₹6.8 L/yr - ₹11.4 L/yr 275% more
TVS Sundram Fasteners Product Development Engineer Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 103% more
Brakes India Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 7% less

Product Development Engineer salary at Perfect Gears ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Perfect Gears.

Experience wise Perfect Gears Product Development Engineer salaries in Chennai

Last Updated: 18 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Perfect Gears

Quality Engineer Salary

(15 salaries)

₹1 L/yr - ₹3.8 L/yr

Production Supervisor Salary

(5 salaries)

₹3 L/yr - ₹4.6 L/yr

Production Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

New Product Development Engineer Salary

(4 salaries)

₹1.2 L/yr - ₹2 L/yr

Design Engineer Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Perfect Gears

CNC Machine Operator in Chennai

Other Department

4.0

• posted on 22 Oct 2020

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Design & Production Engineer in Mumbai

Design & production Engineer Department

4.0

• posted on 17 Oct 2022

3.0

for Salary and Benefits

Likes

Skill development and learning in the company is good because in my working experience in this company very skillful and informative

Dislikes

Salary & Benefits, work satisfaction, promotion & appraisal, job security

SAP User in Chennai

MATERIAL MANAGEMENT, SALES & DISTRIBUTION Department

4.0

• posted on 14 Jul 2018

3.0

for Salary and Benefits

Likes

...learn many things here about time management, sales and also tricks in business. They provide only minimum amount of salary but depending upon our performances they give you hike.

Dislikes

Infrastructures are not good enough, food & accommodations are not good,

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Perfect Gears Product Development Engineer Salary FAQs

What is the notice period for Product Development Engineer at Perfect Gears in Chennai?

According to AmbitionBox, 100% of the Perfect Gears 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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Perfect Gears Product Development Engineer Salaries in Chennai

Perfect Gears Product Development Engineer salary in Chennai ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Perfect Gears latest salaries received from various employees of Perfect Gears.