Pricol Product Development Engineer Salaries by 9 Employees (Updated 2025)

3 - 7 years exp.

₹2.5 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Product Development Engineer Salary in Auto Components Companies for 3 - 7 years of experience

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Last Updated: 23 Aug 2023

Companies similar to Pricol for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2 L/yr - ₹6.5 L/yr 15% more
Bosch Product Development Engineer Salary 0 - 3 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 33% more
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Mahindra & Mahindra Product Development Engineer Salary 0 - 7 years exp. (19 salaries)	₹3.5 L/yr - ₹10 L/yr 93% more
Tata Motors Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹8.3 L/yr 34% more
Ashok Leyland Product Development Engineer Salary 0 - 2 years exp. (7 salaries)	₹2 L/yr - ₹7.9 L/yr 25% less
Faurecia Product Development Engineer Salary 5 - 16 years exp. (11 salaries)	₹8 L/yr - ₹16.5 L/yr 194% more
Apollo Tyres Product Development Engineer Salary 2 - 11 years exp. (7 salaries)	₹3 L/yr - ₹11.4 L/yr 79% more
CIE Automotive Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 24% less
UNO Minda Product Development Engineer Salary 1 - 8 years exp. (3 salaries)	₹6.4 L/yr - ₹6.5 L/yr 59% more

Product Development Engineer salary at Pricol ranges between ₹2.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Pricol.

Experience wise Pricol Product Development Engineer salaries

Last Updated: 23 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
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5 years (3 salaries)	₹3 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.8 L/yr

Similar Designation salaries in Pricol

New Product Development Engineer Salary

(12 salaries)

₹1.6 L/yr - ₹7 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Production Engineer Salary

(75 salaries)

₹1.3 L/yr - ₹6 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Senior Design Engineer Salary

(42 salaries)

₹5 L/yr - ₹9.3 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(11 salaries)

₹2 L/yr - ₹3 L/yr

Production Manager Salary

(5 salaries)

₹11.05 L/yr - ₹14.5 L/yr

Design Engineer Salary

(65 salaries)

₹2.5 L/yr - ₹8.2 L/yr

Salary related reviews for Pricol

Deputy Manager in Sri City

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 25 Oct 2024

4.0

for Salary and Benefits

Likes

Salary is reasonable.

Salary - Good

Dislikes

No job security and no work life balance in the satelite plants. Leadership is terrible in the satellite plants and no top management is not bother about the satellite plants employees life at the plants. Satellite plants are running with staff shortage and available staffs are handling multiple functions.

Skill development - Poor

+2 more

Junior Engineer in Manesar

Full Time

Quality Assurance Department

3.0

• posted on 10 Nov 2021

1.0

for Salary and Benefits

Likes

Company HR Department bahut bekaar hai apke paise ya bonus rakh leta hai.koi support nhi krta.na hi jab aap company left kroge to apko bhut preshan krenge.f&f nhi denge

Skill development - Good

Dislikes

Company HR depart ment is very bad response. No any responsible person.take responsibility.

Salary - Bad

+3 more

Design Engineer in Coimbatore

Research & Development Department

4.0

• posted on 13 Jun 2020

3.0

for Salary and Benefits

Likes

...ects of a project. As for support during COVID 19 lockdown, I would say it's OK. The salary was cut short, but something is better than nothing I suppose.

Skill development - Excellent

+1 more

Dislikes

It will drive you mad at times. Often it's a battle between the quality of the work & the quantity of work. The latter may earn immediate commendation, but repercussions will follow inevitably. If there is one person to raise you up, there will be five others to bring you down. So stay low, but not too low & aim high enough such that the fall (if it occurs) won't break you down completely.

Job security - Poor

+1 more

Junior Engineer in Coimbatore

Manufacturing engineering Department

5.0

• posted on 05 May 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable,high quality products and has a global client base.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. Sometimes the work pressure is high.sometimes I have to work 10-12 hours straight in a day as I have to attend customer requires in the evening and sometimes late into the night.

Senior Engineer in Coimbatore

Research & Development Department

1.0

• posted on 30 Mar 2018

1.0

for Salary and Benefits

Likes

More learning..all in-house facility to learn product and process Junior level learning are better to get more skills

Dislikes

...d the HR -VP on 2009. Management is money minded not for thier people welfare Worst salary structure. They're having variable salary structure and not given full salary. Worst HR department. Those who opt for knowledge skills without expecting salary . Pricol ok Middle and upper level experience people, please don't join this company

Salary - Bad

+3 more

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Pricol Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Pricol?

Product Development Engineer salary at Pricol in India ranges between ₹2.5 Lakhs to ₹6.8 Lakhs for experience between 3 years to 7 years. According to our estimates it is 49% less than the average Product Development Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Pricol India.

How does the salary of a Product Development Engineer at Pricol India compare with the average salary range for this job?

The average salary of a Product Development Engineer at Pricol is 49% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Pricol to a Product Development Engineer in India?

Faurecia Product Development Engineer Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year
Mahindra & Mahindra Product Development Engineer Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Apollo Tyres Product Development Engineer Salary - ₹3.0 Lakhs to ₹11.4 Lakhs per year
UNO Minda Product Development Engineer Salary - ₹6.4 Lakhs to ₹6.5 Lakhs per year
Tata Motors Product Development Engineer Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Product Development Engineer in companies similar to Pricol in India?

Bosch Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Samvardhana Motherson Group Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
CIE Automotive Product Development Engineer Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
Ashok Leyland Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.9 Lakhs per year

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

The estimated take-home salary of a Product Development Engineer at Pricol ranges between ₹29,943 per month to ₹31,258 per month in India. The take-home salary calculation is based on the average Pricol Product Development Engineer salary in India which ranges between ₹2.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at Pricol?

According to AmbitionBox, 40% of the Pricol Product Development Engineers reported a notice period of 2 Months, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Pricol Product Development Engineer Salaries

Pricol Product Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Pricol latest salaries received from various employees of Pricol.