SFO Technologies new Product Development Engineer Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹1.7 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

22% less than the average new Product Development Engineer Salary in IT Services & Consulting Companies for 2 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
Research & Development new Product Development Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4 L/yr
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Project & Program Management new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 1 Feb 2025

Companies similar to SFO Technologies for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 27% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 5% more
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JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 18% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 21% less
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 50% more

new Product Development Engineer salary at SFO Technologies ranges between ₹1.7 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of SFO Technologies.

Experience wise SFO Technologies new Product Development Engineer salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr

Similar Designation salaries in SFO Technologies

Product Development Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹5.4 L/yr

Production Engineer Salary

(67 salaries)

₹2 L/yr - ₹6.5 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Design Engineer Salary

(29 salaries)

₹5.1 L/yr - ₹13 L/yr

Project Engineer Salary

(10 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(21 salaries)

₹4.15 L/yr - ₹10.5 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Assistant Engineer Salary

(22 salaries)

₹1.2 L/yr - ₹4 L/yr

Production Manager Salary

(5 salaries)

₹2.86 L/yr - ₹13.06 L/yr

Design Engineer Salary

(56 salaries)

₹2.6 L/yr - ₹8.1 L/yr

Salary related reviews for SFO Technologies

5.0

Rated by 1 employees for salary & benefits

Senior Engineer in Kochi

Full Time

Procurement & Supply Chain Department

3.0

• posted on 22 Sep 2021

1.0

for Salary and Benefits

Likes

Good learning environment for freshers, teammates are supportive

Dislikes

Too much work pressure.Micro management is done on everyday basis. Salary increments are decent but not given on time. Work life balance is off the roof.

Salary - Bad

+4 more

Senior Engineer in Bangalore Rural

Quality Assurance Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

No comments

Dislikes

There is no benefits to employees other than monthly salary. No bonuses, no on time increaments,even there is no place to have tea properly. Need to sit on grounds or need to stand between the boxes.

Salary - Bad

+6 more

Design Engineer in Kochi

Research & Development Department

1.0

• posted on 18 Mar 2022

1.0

for Salary and Benefits

Likes

Absolutely nothing

Dislikes

If you have a choice, don't join this company. No decent pays . Loyal employees don't get a fair pay but gives that to newcomers. We feel trapped in this company. Even leaving becomes harder than you think. Lot of internal politics

Salary - Bad

+6 more

Design Engineer in Kochi

Research & Development Department

2.0

• posted on 21 Apr 2022

2.0

for Salary and Benefits

Likes

This is a not a recommended place to work now. The working culture and attitude towards employees is very bad. The HR and Admin department is the worst in this company. You will have to go to court to get your experience certificate when you resign.

Dislikes

SFO doesn't have a concern for the growth and mental well being of the employees. The salary packages are not good and often gives false promises to employees. It's very very difficult to get relieving letter from this company.

Salary - Poor

+5 more

Production Engineer in Kochi

Project & Program Management Department

2.0

• posted on 01 Apr 2019

3.0

for Salary and Benefits

Likes

Esi & pf

Dislikes

The company favor only labor union staffs. Company give more salary for supervisor & technician than for an engineer. Salary increments on every year given to the engineers is very low. They are misuse me for 2 years. They did not give me a day shift . I'm the only engineer who stay all the night on every day & I'm not able to communicate with my seniors directly for improving myself as all other engineers have day shift only.

Skill development - Poor

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SFO Technologies new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at SFO Technologies ?

The average salary of a new Product Development Engineer at SFO Technologies in India typically ranges from ₹1.7 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of new Product Development Engineer at SFO Technologies earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. new Product Development Engineer Salaries at SFO Technologies 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 7 SFO Technologies employees in India.

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

The estimated take-home salary of a new Product Development Engineer at SFO Technologies in India typically ranges from ₹22,879 to ₹24,349 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 salaries received from various employees of SFO Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SFO Technologies for new Product Development Engineer in India?

Nash Industries	₹1.8 Lakhs to ₹6.0 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year

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

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

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

Wadhokar

₹1.5 Lakhs to ₹4.0 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 SFO Technologies in India?

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

Experience	Average Salary Range
2 years	₹1.7 Lakhs to ₹4.1 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.5 Lakhs per year
4 years	₹1.3 Lakhs to ₹3.8 Lakhs per year
5 years	₹1.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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SFO Technologies new Product Development Engineer Salaries

SFO Technologies new Product Development Engineer salary in India ranges between ₹1.7 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SFO Technologies latest salaries received from various employees of SFO Technologies.