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Pinnacle Industries new Product Development Engineer salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹3.6 Lakhs - ₹5.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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6% more than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 6 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
4 - 6 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

Procurement & Supply Chain
new Product Development Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Last Updated: 25 Jan 2025

Companies similar to Pinnacle Industries for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹4.5 L/yr

arrow icon 10% less
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₹4.8 L/yr - ₹9.2 L/yr

arrow icon 101% more
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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 2% less
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₹1.8 L/yr - ₹6.6 L/yr

arrow icon 1% less
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₹3.6 L/yr - ₹5.6 L/yr

arrow icon 3% more
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 18% less
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₹2.6 L/yr - ₹4.8 L/yr

arrow icon 32% less
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₹4.2 L/yr - ₹5.4 L/yr

arrow icon 8% more
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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 35% less
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₹3.9 L/yr - ₹6.8 L/yr

arrow icon 1% less
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₹4.6 L/yr - ₹5.5 L/yr

arrow icon 20% more
new Product Development Engineer salary at Pinnacle Industries ranges between ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Pinnacle Industries.

Latest annual salaries shared by Pinnacle Industries new Product Development Engineer

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1 year exp.
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6 years exp.
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5 years exp.
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4 years exp.

Experience wise Pinnacle Industries new Product Development Engineer salaries

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Pinnacle Industries

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₹2.3 L/yr - ₹2.9 L/yr
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₹2.1 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹7.8 L/yr
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₹3 L/yr - ₹3.8 L/yr
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₹2 L/yr - ₹4 L/yr
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₹1.45 L/yr - ₹3 L/yr
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₹3 L/yr - ₹6.4 L/yr
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₹2 L/yr - ₹3.5 L/yr
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(25 salaries)
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₹3.3 L/yr - ₹7.2 L/yr

Salary related reviews for Pinnacle Industries

Production, Manufacturing & Engineering Department

4.0
  •  posted on 01 Mar 2022

3.0
 for  Salary and Benefits

Likes

Good work environment And culture. Teammates are supporting And the management is transparent. Company policies are good appraisal are fair And they given bonus every year.

read more
  • Skill development - Good

Dislikes

There is a lots of politics And the management doesn't address our issues. Salary is decent but career growth is slow. On the Job training is Not given to new joinees

read more
  • Promotions - Poor
  • +1 more

Finance & Accounting Department

4.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

The best thing is there is lot of room to growth and creative freedom. Get involved in decision making makes you learn a lot about different domains. Office ambience is well maintained and at convenient location.

read more
  • Job security - Good
  • +2 more

Dislikes

...This area needs improvements. Supporting functions needs a major mindset uplift. Need to revisit the industry standard compensation and culture for talent retention.

read more

Contractual

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 May 2023

1.0
 for  Salary and Benefits

Likes

There is nothing such to like about PINNACLE.

Dislikes

...ot of things. The company never respects its employees. Worst work life balance. The salary is also processed slow. The salary gets credit on 15 of every month. A lot of politics in the HR and no career growth. One should not join this company.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 01 Feb 2022

1.0
 for  Salary and Benefits

Likes

Supportive team members, good start as a freshers

Dislikes

No financial growth, salary not on time. a lot of politics. Employees are never treated as assets to the company, with no appreciatiations. No work-life balance.

read more
  • Salary - Bad
  • +4 more

Procurement & Supply Chain Department

3.0
  •  posted on 09 May 2021

1.0
 for  Salary and Benefits

Likes

Good place to learn and develop skills as a fresher and to handle every type of situation or pressure

  • Skill development - Good

Dislikes

No career growth , worst salary structure to manipulate employee , too much pressure without proper resources , improper planning of projects , every things is too much centralized with management, production teams very unsupportive

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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Pinnacle Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Pinnacle Industries ?
The average salary of a new Product Development Engineer at Pinnacle Industries in India typically ranges from ₹3.6 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of new Product Development Engineer at Pinnacle Industries earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. new Product Development Engineer Salaries at Pinnacle Industries can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Pinnacle Industries employees in India.
What is the estimated take home salary of a new Product Development Engineer at Pinnacle Industries in India?
The estimated take-home salary of a new Product Development Engineer at Pinnacle Industries in India typically ranges from ₹31,941 to ₹33,226 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Pinnacle Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Pinnacle Industries for new Product Development Engineer in India?
International Automotive Components ₹4.8 Lakhs to ₹9.2 Lakhs per year
Saint Gobain Sekurit India ₹4.6 Lakhs to ₹5.5 Lakhs per year
FCC Clutch ₹4.2 Lakhs to ₹5.4 Lakhs per year
Fiem Industries ₹3.6 Lakhs to ₹5.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pinnacle Industries, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Pinnacle Industries in India?
The salary of a new Product Development Engineer at companies similar to Pinnacle Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gestamp ₹3.9 Lakhs to ₹6.8 Lakhs per year
India Nippon Electricals ₹1.8 Lakhs to ₹6.6 Lakhs per year
Suprajit Engineering ₹3.5 Lakhs to ₹5.7 Lakhs per year
S. M. Auto Engineering ₹3.0 Lakhs to ₹4.5 Lakhs per year
Alicon Castalloy ₹3.5 Lakhs to ₹6.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a new Product Development Engineer at Pinnacle Industries in India?
The salary growth for a new Product Development Engineer at Pinnacle Industries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Pinnacle Industries:

Experience Average Salary Range
1 year ₹5.0 Lakhs to ₹6.3 Lakhs per year
4 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

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Pinnacle Industries new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Pinnacle Industries latest salaries received from various employees of Pinnacle Industries.