PETRONASH ENGINEERING SERVICES Chennai 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 in Chennai

PETRONASH ENGINEERING SERVICES new Product Development Engineer Salary

5 years exp. (AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 139% more
Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 57% more
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Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (16 salaries)	₹2.9 L/yr - ₹7.5 L/yr 92% more
Foxconn new Product Development Engineer Salary 3 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹8 L/yr 89% more
Polyhose new Product Development Engineer Salary 4 - 9 years exp. (9 salaries)	₹3.2 L/yr - ₹5 L/yr 61% 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.

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Senior Engineer Salary

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Product Development Engineer Salary

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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.

Job security - Good

+1 more

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

Salary - Bad

+1 more

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

Salary - Excellent

+6 more

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

Skill development - Excellent

+1 more

Dislikes

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

Promotions - Poor

+3 more

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.

Salary - Good

+5 more

Dislikes

Carreer growth lagging in some department.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 in Chennai?

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

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