Precision Engineering Works Pune new Product Development Engineer Salaries by 6 Employees (Updated 2025)

2 - 5 years exp.

₹1.9 Lakh - ₹3.6 Lakhs

Salary of majority employees

23% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 2 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Precision Engineering Works for new Product Development Engineer in Pune

Precision Engineering Works new Product Development Engineer Salary

2 - 5 years exp. (6 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Super Auto India new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 7% more
Wadhokar new Product Development Engineer Salary 0 - 3 years exp. (23 salaries)	₹1.5 L/yr - ₹3.6 L/yr 20% less
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Tata Motors new Product Development Engineer Salary 1 - 4 years exp. (11 salaries)	₹3 L/yr - ₹5.2 L/yr 10% more
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (11 salaries)	₹2 L/yr - ₹6.1 L/yr 44% more
Belrise Industries new Product Development Engineer Salary 0 - 8 years exp. (10 salaries)	₹2.2 L/yr - ₹5.4 L/yr 21% more

new Product Development Engineer salary at Precision Engineering Works ranges between ₹1.9 Lakh to ₹3.6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Precision Engineering Works.

Experience wise Precision Engineering Works new Product Development Engineer salaries in Pune

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
3 years (3 salaries)	₹2.3 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr

Similar Designation salaries in Precision Engineering Works

Quality Engineer Salary

(19 salaries)

₹1.3 L/yr - ₹3.5 L/yr

NPD Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Development Engineer Salary

(4 salaries)

₹1.9 L/yr - ₹6 L/yr

Salary related reviews for Precision Engineering Works

5.0

Rated by 1 employees for salary & benefits

Design Engineer in Pune

Full Time

UX, Design & Architecture Department

5.0

• posted on 01 Dec 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are transparent. Company policy are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics. Career growth is slow. There is a bond of 2 year before which you can not resign.

Quality Engineer

Quality Assurance Department

4.0

• posted on 01 Oct 2018

1.0

for Salary and Benefits

Likes

It was a nice experience working in a small scale industry.I have learned lot of basic mechanical components ideas,also I innovated one process to reduce rework process

Skill development - Good

+1 more

Dislikes

Compensation is somewhat OK but career growth is very slow.The work pressure is high,sometimes I have to work late night but no over time salary

Salary - Bad

+1 more

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

fathersahaab

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AmbitionBox

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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Precision Engineering Works new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Precision Engineering Works Pune?

new Product Development Engineer salary at Precision Engineering Works in Pune ranges between ₹1.9 Lakhs to ₹3.6 Lakhs for experience between 2 years to 5 years. According to our estimates it is 23% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Precision Engineering Works Pune.

How does the salary of a new Product Development Engineer at Precision Engineering Works Pune compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Precision Engineering Works is 23% less than the average salary of a new Product Development Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Precision Engineering Works to a new Product Development Engineer in Pune?

UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
Belrise Industries new Product Development Engineer Salary - ₹2.2 Lakhs to ₹5.4 Lakhs per year
Tata Motors new Product Development Engineer Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Super Auto India new Product Development Engineer Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Precision Engineering Works in Pune?

Wadhokar new Product Development Engineer Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Precision Engineering Works in Pune?

The estimated take-home salary of a new Product Development Engineer at Precision Engineering Works ranges between ₹21,792 per month to ₹23,279 per month in Pune. The take-home salary calculation is based on the average Precision Engineering Works new Product Development Engineer salary in India which ranges between ₹1.9 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Precision Engineering Works in Pune?

According to AmbitionBox, 100% of the Precision Engineering Works new Product Development Engineers in Pune reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Precision Engineering Works new Product Development Engineer Salaries in Pune

Precision Engineering Works new Product Development Engineer salary in Pune ranges between ₹1.9 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Precision Engineering Works latest salaries received from various employees of Precision Engineering Works.