Varroc Group Pune Product Engineer Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹5 Lakhs - ₹14 Lakhs

Salary of majority employees

5% more than the average Product Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Salaries in different departments

Research & Development Product Engineer Salary 1 - 5 years exp. (11 salaries)	₹5 L/yr - ₹10 L/yr
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Production, Manufacturing & Engineering Product Engineer Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹7.5 L/yr

Last Updated: 29 Jan 2025

Companies similar to Varroc Group for Product Engineer in Pune

Varroc Group Product Engineer Salary

1 - 5 years exp. (15 salaries)

₹5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Magna International Product Engineer Salary 0 - 7 years exp. (9 salaries)	₹3.6 L/yr - ₹12 L/yr 5% more
Faurecia Product Engineer Salary 10 - 12 years exp. (5 salaries)	₹8 L/yr - ₹9.4 L/yr 9% more	2 job openings
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Hitachi Astemo Product Engineer Salary 2 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 30% less
Adient Product Engineer Salary 8 - 13 years exp. (168 salaries)	₹7.4 L/yr - ₹16.5 L/yr 62% more
LTIMindtree Product Engineer Salary 1 - 6 years exp. (126 salaries)	₹4 L/yr - ₹12.5 L/yr 11% less

Product Engineer salary at Varroc Group ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Product Engineer salaries in Pune

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹5 L/yr - ₹9.5 L/yr
2 years (4 salaries)	₹5 L/yr - ₹10 L/yr
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3 years (4 salaries)	₹5 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.4 L/yr
5 years (3 salaries)	₹5 L/yr - ₹14 L/yr

Similar Designation salaries in Varroc Group

Senior Engineer Salary

(75 salaries)

₹3 L/yr - ₹9.45 L/yr

Lead Engineer Salary

(15 salaries)

₹8 L/yr - ₹22 L/yr

Team Lead Salary

(11 salaries)

₹6.2 L/yr - ₹27.2 L/yr

Project Engineer Salary

(8 salaries)

₹5 L/yr - ₹10.5 L/yr

Software Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹11.35 L/yr

Technical Lead Salary

(4 salaries)

₹13 L/yr - ₹16.5 L/yr

Top skills at Varroc Group for Product Engineer

Product Engineering TeX Salary Negotiation Procurement management AutoCAD Simulation Simulink Engineering Customer Interaction Manufacturing Engineering Basic Ansys C MATLAB Product Management

Salary related reviews for Varroc Group

2.4

Rated by 3 employees for salary & benefits

Senior Engineer in Aurangabad

Production, Manufacturing & Engineering Department

4.0

• posted on 29 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation & adopts latest technology in manufacturing every parts with world class quality.I am enterily happily working with varroc family.

Salary - Good

+5 more

Dislikes

compensation is good but growth is very slow.as compere to work load.

NPD Engineer in Aurangabad

Full Time

Research & Development Department

1.0

• posted on 27 Dec 2024

3.0

for Salary and Benefits

Likes

Salary on time credit

Dislikes

1) Layoff two times in year 2024 2) Increment is not base on performance, meanwhile after resigned varroc was gave hike. 3) Culture very bad 4) No work satisfaction along with no work base on employee profile 5) Notice period 3 month mandatory and it's not negotiable 6) System not smoothly work due employee not satisfaction work culture and financial group 7) R&D HR need take appointment for meeting him 8) Canteen facility very poor

Skill development - Poor

+4 more

Engineer in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Dec 2024

1.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

a) 3 month unwanted notice period mandatory to serve after maneger approval for one month. Short fall days payout facility not available. b) Year end review not based on performance c) It's based on politics, bad work Culture d) Canteen facility very poor e) punch in time very strictly and it's deducted from leaves. f) Not working as job profile g) Not any training provided h) 2 time layoff by varroc in one month and no any advance information i) No based on system work

Salary - Bad

+6 more

Engineer in Chennai

Full Time

Other Department

1.0

• posted on 06 Dec 2024

1.0

for Salary and Benefits

Likes

Salary will credited at 1st of month

Dislikes

1. Worst company culture 2. Less knowledged superiors 3. Egoistic higher officials 4. Worst HR culture 5. Any time they can fire anyone if higher people has vengeance on someone 6. Worst job structure 7. No hygiene food and toilets 8. No proper hike 9. No job security

Salary - Bad

+6 more

R&D Engineer in Pune

Full Time

Research & Development Department

3.0

• posted on 29 Nov 2024

3.0

for Salary and Benefits

Likes

Varroc is a good employer with good work culture. Flexible work hours, on time salary, peer respect. People and management are supportive. Lots of learning across various engineering disciplines. Good interactions with plant and corporate to make experience more rewarding.

Skill development - Good

+2 more

Dislikes

Salary and benefits are not at par with industries. Need more projects / order to increase job security. No international exposure for ordinary employees.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Confused about Salary negotiations

CTC - 8 LPA Loc - Bengaluru, India I have been working in the same company for the last 5 years. My salary went from 3.6 LPA to 8 LPA over the years. I recently put papers, and, started giving interviews. I got an offer from TCS for 15 LPA(12.8 fixed). For more than a month, I've been giving interviews, asking for 18 LPA and many HRs are rejecting straight away, citing it is more than 100% hike from my current CTC. I kept trying and now I am selected for 5 companies - Iris Software, Capgemini, Quantzig Analytics, PwC, HCL, Infinite. Salary discussions are about to start and I'm confused. I'm not good at this. Can anyone suggest?

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Varroc Group Product Engineer Salary FAQs

What is the salary of Product Engineer at Varroc Group Pune?

Product Engineer salary at Varroc Group in Pune ranges between ₹5.0 Lakhs to ₹14.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 5% more than the average Product Engineer Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Varroc Group Pune.

How does the salary of a Product Engineer at Varroc Group Pune compare with the average salary range for this job?

The average salary of a Product Engineer at Varroc Group is 5% more than the average salary of a Product Engineer in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a Product Engineer at Varroc Group?

Product Engineering, TeX, Salary Negotiation, Procurement management and AutoCAD are some of the popular skills required to work as a Product Engineer at Varroc Group Pune.

Which similar companies are paying more than Varroc Group to a Product Engineer in Pune?

Adient Product Engineer Salary - ₹7.4 Lakhs to ₹16.5 Lakhs per year
Faurecia Product Engineer Salary - ₹8.0 Lakhs to ₹9.4 Lakhs per year
Magna International Product Engineer Salary - ₹3.6 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Product Engineer in companies similar to Varroc Group in Pune?

LTIMindtree Product Engineer Salary - ₹4.0 Lakhs to ₹12.5 Lakhs per year
Hitachi Astemo Product Engineer Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Product Engineer at Varroc Group in Pune?

The estimated take-home salary of a Product Engineer at Varroc Group ranges between ₹58,579 per month to ₹60,055 per month in Pune. The take-home salary calculation is based on the average Varroc Group Product Engineer salary in India which ranges between ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Product Engineer at Varroc Group in Pune?

According to AmbitionBox, 62% of the Varroc Group Product Engineers in Pune reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Varroc Group Product Engineer Salaries in Pune

Varroc Group Product Engineer salary in Pune ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Varroc Group latest salaries received from various employees of Varroc Group.