PETRONASH ENGINEERING SERVICES new Product Development Engineer Salaries by Employees (Updated 2025)

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₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 17 Aug 2024

Companies similar to PETRONASH ENGINEERING SERVICES for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rabwin Industries new Product Development Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 4% less
Super Auto India new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 4% more
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Neel Auto new Product Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 83% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 47% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 21% more

new Product Development Engineer salary at PETRONASH ENGINEERING SERVICES ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of PETRONASH ENGINEERING SERVICES.

Similar Designation salaries in PETRONASH ENGINEERING SERVICES

Product Development Engineer Salary

(5 salaries)

₹3 L/yr - ₹3.8 L/yr

Production Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Project Engineer Salary

(5 salaries)

₹7 L/yr - ₹10 L/yr

Design Engineer Salary

(12 salaries)

₹3.2 L/yr - ₹9 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Senior Engineer Salary

(5 salaries)

₹5.25 L/yr - ₹12 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Production Supervisor Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Quality Engineer Salary

(4 salaries)

₹4 L/yr - ₹10 L/yr

Salary related reviews for PETRONASH ENGINEERING SERVICES

Senior Team Lead -Mechanical Design in Chennai

Engineering - Software & QA Department

1.0

• posted on 16 Feb 2021

1.0

for Salary and Benefits

Likes

Flexible office timings and they give time for sports activities.

Dislikes

Huge amount like 30-50k will be deducted from your salary as retention bonus till your employment. Notice period will be 90 days and notice period salary (90 days) will be paid during settlement only. All employees are forced to sign NDA-NSA agreement which consists of 7to 9 pages of various legal terms. photo copy of agreement will not be provided to employees. you cannot join any competitor company in any part of world is the contractual agreement which means you cannot exit the company. Strictly a one way path. If you resigned you will lose notice period pay, retention bonus money, gratuity etc., Company will file a case against you. One page named competitor list consists of all the relevant engineering companies are listed. your task will be assigned to work a day 12 - 14 hrs to completed the task. Appraisal process will start in April month and finish in June month but the Increment letter will be released in September or October month. If you resign before appraisal letter release you will not be paid any hike amount. simply they are not genuine in exit formalities. Your will lose money in lakhs during exit

Project Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Aug 2024

5.0

for Salary and Benefits

Likes

In office all behaving like family members and friends so not feeling that I'm in office. Feeling well to be part of this company and supporting us in all ways if we do good things. And guiding us to go in correct way when we fall in wrong path ... I'm lucky to be in this organisation thank you

Dislikes

As a human we all do some error. It makes some people happy and some may got irritated.... Human is human beings always....

Piping Designer in Chennai

Full Time

Research & Development Department

1.0

• posted on 27 Sep 2022

3.0

for Salary and Benefits

Likes

No likes if you have large amount of hair then join this company and u became a bald

Dislikes

Toooooo much of work pressure.. higher official have no technical knowledge and don't know how to process the package model.

Design Engineer in Chennai

Engineering Design Department

4.0

• posted on 24 Feb 2022

4.0

for Salary and Benefits

Likes

One of the good organization to start up your carreer with good compansation. Growing MNC in oil and gas industry, free to learn and improve your skills. Located centre of city with decent facilities.

Dislikes

Carreer growth lagging in some department.

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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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PETRONASH ENGINEERING SERVICES new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at PETRONASH ENGINEERING SERVICES?

According to AmbitionBox, 100% of the PETRONASH ENGINEERING SERVICES 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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PETRONASH ENGINEERING SERVICES new Product Development Engineer Salaries

PETRONASH ENGINEERING SERVICES new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs. This is an estimate based on latest salaries received from employees of PETRONASH ENGINEERING SERVICES.