Terminal Technologies (i) new Product Development Engineer Salaries by 5 Employees (Updated 2025)

1 - 9 years exp.

₹2.4 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% less than the average new Product Development Engineer Salary in Telecom Companies for 1 - 9 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 10 Mar 2025

Companies similar to Terminal Technologies (i) for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 36% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 12% 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 26% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 16% less
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 60% more

new Product Development Engineer salary at Terminal Technologies (i) ranges between ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Terminal Technologies (i).

Experience wise Terminal Technologies (i) new Product Development Engineer salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

View all

Similar Designation salaries in Terminal Technologies (i)

Development Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Production Engineer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Product Engineer Salary

(7 salaries)

₹1.95 L/yr - ₹2.8 L/yr

Senior Design Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹8.71 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Design Engineer Salary

(18 salaries)

₹2.5 L/yr - ₹6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹4.3 L/yr

Production Supervisor Salary

(5 salaries)

₹3.8 L/yr - ₹5.4 L/yr

NPD Engineer Salary

(22 salaries)

₹1.8 L/yr - ₹3.9 L/yr

Salary related reviews for Terminal Technologies (i)

3.0

Rated by 1 employees for salary & benefits

Quality Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Apr 2023

3.0

for Salary and Benefits

Likes

Every employee & colleague is like a friend to you . Even your hierarchy behaves as a friendly guardian. And there is sooo many chances of learning if you want to lead and gain knowledge in everything this is the perfect place for you. I regret why I didn’t come here earlier. For freshers this is the best place and for experienced also this is a pretty good place.

Skill development - Excellent

+4 more

Dislikes

Only there is little bit issue with salary , Comparatively according to other companies the salary is low . But if you have patience then you can grow it’s also true .

Quality Engineer in Vasai-Virar

Full Time

Engineering - Software & QA Department

3.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

Like that few colleagues are very helpful good professional behaviour

Dislikes

Overpowered manager no kpi or kpa system proper to evaluate employees lack of proper training you have to self learn a lot specially in quality department and not a good start pay for an engineering graduate

Salary - Poor

+1 more

Senior Quality Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 29 Jan 2023

3.0

for Salary and Benefits

Likes

Overall company is best. But at time of resign they will treat you as slave... Only for that reason all our efforts which we have taken in last 6 to 7 years is likes waste of time...

Skill development - Good

+2 more

Dislikes

Internal Politics and they are not given our clearance on time at the time of resignation...

Tool Room Engineer in Pune

Full Time

Tool room Department

4.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

Manufacturers electric connectros and cable terminals. Have their owe advanced tool room . Which helps to learnso many things in mould Making. Very nice staff. Management is also very supportive. No food . Transportation is available from Bhosari location. Working time is not fixed for 8 hours. Flexible hours. No over time for tool makers

Skill development - Excellent

+3 more

Dislikes

No over time for tool makers

VMC Operator in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 15 Jun 2022

4.0

for Salary and Benefits

Likes

Very good company from New and freshers It's very helpful staff & management salary Time to time no any issues from payment I am enjoy my work here last 5years

Salary - Good

+6 more

Dislikes

There is a no politics salary is very good nd career growth is best

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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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Terminal Technologies (i) new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Terminal Technologies (i) ?

The average salary of a new Product Development Engineer at Terminal Technologies (i) in India typically ranges from ₹2.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of new Product Development Engineer at Terminal Technologies (i) earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. new Product Development Engineer Salaries at Terminal Technologies (i) 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 5 Terminal Technologies (i) employees in India.

What is the estimated take home salary of a new Product Development Engineer at Terminal Technologies (i) in India?

The estimated take-home salary of a new Product Development Engineer at Terminal Technologies (i) in India typically ranges from ₹21,217 to ₹22,862 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 9 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 5 salaries received from various employees of Terminal Technologies (i). Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Terminal Technologies (i) 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 Terminal Technologies (i), depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Terminal Technologies (i) in India?

The salary of a new Product Development Engineer at companies similar to Terminal Technologies (i) 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 Terminal Technologies (i) in India?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Terminal Technologies (i) new Product Development Engineer Salaries

Terminal Technologies (i) new Product Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Terminal Technologies (i) latest salaries received from various employees of Terminal Technologies (i).

Terminal Technologies (i) new Product Development Engineer salaries in India (Updated 2025)

Companies similar to Terminal Technologies (i) for new Product Development Engineer

Latest annual salaries shared by Terminal Technologies (i) new Product Development Engineer

Experience wise Terminal Technologies (i) new Product Development Engineer salaries

Similar Designation salaries in Terminal Technologies (i)

Salary related reviews for Terminal Technologies (i)

Quality Engineer in Pune

Quality Engineer in Vasai-Virar

Senior Quality Engineer in Pune

Tool Room Engineer in Pune

VMC Operator in Pune

Terminal Technologies (i) new Product Development Engineer Salary FAQs

Tell us how to improve this page.

Terminal Technologies (i) new Product Development Engineer Salaries by Location