Pitti Engineering new Product Development Engineer Salaries by 4 Employees

10 - 13 years exp.

₹4.8 Lakhs - ₹5.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 10 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 10 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹5.7 L/yr
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Quality Assurance new Product Development Engineer Salary 13 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.3 L/yr

Last Updated: 4 Jan 2024

Companies similar to Pitti Engineering for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 13% less
ABB new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 8% less
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Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹10.6 L/yr 61% more
Sintex Industries new Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 32% less
EMERSON PROCESS MANAGEMENT new Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 27% less
JNS Instruments new Product Development Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 46% less

new Product Development Engineer salary at Pitti Engineering ranges between ₹4.8 Lakhs to ₹5.7 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Pitti Engineering.

Experience wise Pitti Engineering new Product Development Engineer salaries

Last Updated: 4 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in Pitti Engineering

Development Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Production Engineer Salary

(34 salaries)

₹2.1 L/yr - ₹5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Manager Salary

(5 salaries)

₹9.75 L/yr - ₹14.5 L/yr

Design Engineer Salary

(10 salaries)

₹3 L/yr - ₹5.6 L/yr

Mechanical Engineer Salary

(5 salaries)

₹1.95 L/yr - ₹4.5 L/yr

Senior Engineer Salary

(33 salaries)

₹3.8 L/yr - ₹7.5 L/yr

Production Supervisor Salary

(23 salaries)

₹2.7 L/yr - ₹4.8 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Salary related reviews for Pitti Engineering

Junior Engineer in Aurangabad

Full Time

Media Production & Entertainment Department

3.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

Not a single things ..... Based on my current experience.... Not about the company you will like....

Dislikes

Not appreciate regarding your work... Not promoted... Salary & benefits are not at all acceptable... In your letter showing that you will get 26000/- salary but after completion of one month you will get only 20 or 21 thousand.... Double side PF deduction....And also this things not mention in your offer letter.... That is a big crime... Mentorship not available... Empowerment is very less. Trust issue between engineer & manager.... Not valued there employee Involvement in precious work is not available.... Only they are using a your time....And your future growth will be reduced

Salary - Bad

+5 more

Junior Engineer in Aurangabad

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Jul 2021

3.0

for Salary and Benefits

Likes

Staff is supportive and helpful.company policy is good and company provide transport and canteen facility.

Company culture - Good

Dislikes

Job security is zero.more deduction from salary and hike is very low and fake.career growth is slow.

Skill development - Poor

+3 more

Junior Supervisor in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Apr 2024

4.0

for Salary and Benefits

Likes

Good work place Experience people have good salary in Pitti Engineering limited. But area & work experience is fair good for others company. My journey in this company is nice. Was this review helpful?

Salary - Good

+6 more

Dislikes

No Dislike

Senior Engineer- Maintenance in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 May 2024

2.0

for Salary and Benefits

Likes

They treated you very nice during joining only..

Dislikes

...kup your calls also. In my 12 yrs carrier I found very third class organisation. Most importantly ask for salary breakup when you got offer from this company. They cheated most of the times.

Salary - Poor

+6 more

SAP PP Functional Consultant in Hyderabad / Secunderabad

Full Time

Consulting Department

3.0

• posted on 09 Feb 2022

2.0

for Salary and Benefits

Likes

...fe balance good but in factories it is difficult. And company policies are good. salaries are on time, salary hike depends on management or may be upto 5%.

Dislikes

There is a lot of politics & job security not upto the mark.

Salary - Poor

+1 more

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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?

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Pitti Engineering new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Pitti Engineering ?

The average salary of a new Product Development Engineer at Pitti Engineering in India typically ranges from ₹4.8 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of new Product Development Engineer at Pitti Engineering earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. new Product Development Engineer Salaries at Pitti Engineering 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 Pitti Engineering employees in India.

What is the estimated take home salary of a new Product Development Engineer at Pitti Engineering in India?

The estimated take-home salary of a new Product Development Engineer at Pitti Engineering in India typically ranges from ₹40,692 to ₹41,847 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 10 years to 13 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 Pitti Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Pitti Engineering for new Product Development Engineer in India?

Thermax Limited

₹6.3 Lakhs to ₹10.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pitti Engineering, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Pitti Engineering in India?

The salary of a new Product Development Engineer at companies similar to Pitti Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ABB	₹4.5 Lakhs to ₹5.3 Lakhs per year
Lakshmi Machine Works	₹4.0 Lakhs to ₹6.5 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹3.6 Lakhs to ₹4.6 Lakhs per year
Sintex Industries	₹3.0 Lakhs to ₹4.0 Lakhs per year
JNS Instruments	₹2.8 Lakhs to ₹3.0 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 Pitti Engineering in India?

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

Experience	Average Salary Range
10 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
11 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
12 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
13 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Pitti Engineering new Product Development Engineer Salaries

Pitti Engineering new Product Development Engineer salary in India ranges between ₹4.8 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pitti Engineering latest salaries received from various employees of Pitti Engineering.