Terumo Penpol new Product Development Engineer Salaries by 5 Employees (Updated 2025)

3 - 9 years exp.

₹6.4 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

75% more than the average new Product Development Engineer Salary in Medical Equipment Companies for 3 - 9 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 7 - 9 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr
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Engineering - Software & QA new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 21 Dec 2023

Companies similar to Terumo Penpol for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (71 salaries)	₹2.7 L/yr - ₹5.7 L/yr 43% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 54% less
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JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 44% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 64% less
Nash Industries new Product Development Engineer Salary 1 - 7 years exp. (27 salaries)	₹1.8 L/yr - ₹6.8 L/yr 30% less

new Product Development Engineer salary at Terumo Penpol ranges between ₹6.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Terumo Penpol.

Experience wise Terumo Penpol new Product Development Engineer salaries

Last Updated: 21 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹11.6 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Terumo Penpol

Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Production Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹5 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Mechanical Engineer Salary

(4 salaries)

₹5.6 L/yr - ₹6.7 L/yr

Software Engineer Salary

(3 salaries)

₹5.6 L/yr - ₹7.1 L/yr

Senior Engineer Salary

(6 salaries)

₹7.9 L/yr - ₹10 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Quality Engineer Salary

(5 salaries)

₹2.85 L/yr - ₹4.1 L/yr

Salary related reviews for Terumo Penpol

Engineer Test Lab-Innovation And Development in Thiruvananthapuram

Full Time

Research & Development Department

4.0

• posted on 14 Jul 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give considerable salary hike and bonus every year.

Skill development - Good

+5 more

Production Supervisor in Thiruvananthapuram

Full Time

Media Production & Entertainment Department

5.0

• posted on 27 Jun 2024

5.0

for Salary and Benefits

Likes

It's an amazing opportunity, Company is pure MNC culture

Salary - Excellent

+4 more

Dislikes

Indian plant is being transformed into the Terumo BCT culture. It will take time for the factories in India to reach that level of work culture

Job security - Poor

Regional Sales Manager in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Dec 2024

2.0

for Salary and Benefits

Likes

The products are maintaining good quality and high brand value in Indian market. Wide range of products for all kind of customers in that segment

Job security - Good

Dislikes

Low importance to employees benifits. No scope of advancement in product line in future. It's a part of multinational company but for Indian management the culture and activities are very poor and partial towards some people. Not having the right mindset to adopt the changes happening in the market

Salary - Poor

+3 more

Maintenance Executive in Thiruvananthapuram

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Aug 2022

4.0

for Salary and Benefits

Likes

Being part of plant maintenance team ,every day have to face different kinds of tasks. So lot of things to learn. All machines are highly automated with advanced technologies.

Salary - Good

+2 more

Dislikes

Extra working hours ithout benefits

Skill development - Poor

Assistant Administration Executive in Thiruvananthapuram

Research & Development Department

5.0

• posted on 22 May 2022

5.0

for Salary and Benefits

Likes

The interesting aspect of working at Terumo Penpol is that you get the exposure to medical devices industry and gain multicultural experience. The company has a long and rich history and has survived the test of time from promoting a local R&D initiative to a full fledged MNC now.

Salary - Excellent

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Terumo Penpol new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Terumo Penpol?

new Product Development Engineer salary at Terumo Penpol in India ranges between ₹6.4 Lakhs to ₹7.5 Lakhs for experience between 3 years to 9 years. According to our estimates it is 75% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Terumo Penpol India.

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

The average salary of a new Product Development Engineer at Terumo Penpol is 75% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

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

Nash Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
JBM Group new Product Development Engineer Salary - ₹2.3 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
Wadhokar new Product Development Engineer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Terumo Penpol ranges between ₹52,283 per month to ₹53,581 per month in India. The take-home salary calculation is based on the average Terumo Penpol new Product Development Engineer salary in India which ranges between ₹6.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Terumo Penpol?

According to AmbitionBox, 50% of the Terumo Penpol new Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Terumo Penpol new Product Development Engineer Salaries

Terumo Penpol new Product Development Engineer salary in India ranges between ₹6.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Terumo Penpol latest salaries received from various employees of Terumo Penpol.