Polyfit Fabricators Product Development Engineer Salaries by 2 Employees

1 - 5 years exp.

₹3.7 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

Engineering - Software & QA Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.3 L/yr
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Research & Development Product Development Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 20 Jul 2023

Companies similar to Polyfit Fabricators for Product Development Engineer

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HCLTech Product Development Engineer Salary 1 - 7 years exp. (43 salaries)	₹2.6 L/yr - ₹6.6 L/yr 2% more
TCS Product Development Engineer Salary 1 - 9 years exp. (23 salaries)	₹4 L/yr - ₹10 L/yr 53% more
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DXC Technology Product Development Engineer Salary 4 - 7 years exp. (13 salaries)	₹5.1 L/yr - ₹10 L/yr 105% more
Tech Mahindra Product Development Engineer Salary 4 - 10 years exp. (6 salaries)	₹9.5 L/yr - ₹14 L/yr 142% more
Amazon Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹8.3 L/yr - ₹18 L/yr 170% more
IBM Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 151% more
Teleperformance Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹7.5 L/yr - ₹8 L/yr 81% more
Accenture Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 104% more
Capgemini Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr 190% more

Product Development Engineer salary at Polyfit Fabricators ranges between ₹3.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Polyfit Fabricators.

Similar Designation salaries in Polyfit Fabricators

New Product Development Engineer Salary

(6 salaries)

₹2 L/yr - ₹4.25 L/yr

Production Engineer Salary

(5 salaries)

₹2.3 L/yr - ₹5.4 L/yr

Design Engineer Salary

(10 salaries)

₹2.76 L/yr - ₹4.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Production Supervisor Salary

(3 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Quality Engineer Salary

(14 salaries)

₹1.5 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Polyfit Fabricators

CNC Programmer in Chennai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Aug 2024

1.0

for Salary and Benefits

Likes

This company only a skill development centre.Not able to earning money.Its give lot of pain and depression. CNC SUPERVISOR WAS worst and tools management was poor.

Skill development - Excellent

Dislikes

When you want increment make sound use chin-chak heavy

Salary - Bad

+5 more

Chartered Accountant in Chennai

Full Time

Other Department

5.0

• posted on 20 Nov 2024

3.0

for Salary and Benefits

Likes

I'm learning more skills in that short period time And my teams is very good persons and MD sir Mohamed sir is wonderful person in my life.... Thanks a lots Polyfit fabricators private limited company.Im really missed my company 🥺❤️

Skill development - Excellent

+5 more

Dislikes

Nothing

Supervisor in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 Jun 2023

3.0

for Salary and Benefits

Likes

Companies i am working now cnc machine lathe machine welding machine have all kinds of machines people working here are good workers good job company

Promotions - Good

Dislikes

Now my income is less in the company i am working in and the system is not well maintained in this company so i want to work in a better company.

Company culture - Bad

+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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Polyfit Fabricators Product Development Engineer Salary FAQs

How the salary growth look like for a Product Development Engineer at Polyfit Fabricators in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹3.0 Lakhs per year
5 years	₹5.1 Lakhs to ₹6.6 Lakhs per year

and so on.

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Polyfit Fabricators Product Development Engineer Salaries

Polyfit Fabricators Product Development Engineer salary in India ranges between ₹3.7 Lakhs to ₹4.8 Lakhs. This is an estimate based on latest salaries received from employees of Polyfit Fabricators.