Reno Mercantile new Product Development Engineer Salaries by 2 Employees (Updated 2025)

9 - 10 years exp.

₹6.5 Lakhs - ₹8.3 Lakhs

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Last Updated: 13 Feb 2025

Companies similar to Reno Mercantile for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 32% less
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 23% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 18% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 46% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 57% less

new Product Development Engineer salary at Reno Mercantile ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Reno Mercantile.

Similar Designation salaries in Reno Mercantile

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Reno Mercantile new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Reno Mercantile?

According to AmbitionBox, 100% of the Reno Mercantile new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Reno Mercantile new Product Development Engineer Salaries

Reno Mercantile new Product Development Engineer salary in India ranges between ₹6.5 Lakhs to ₹8.3 Lakhs. This is an estimate based on latest salaries received from employees of Reno Mercantile.