Zf Rane Automotive Product Engineer Salaries by 4 Employees (Updated 2025)

0 - 1 year exp.

₹1.6 Lakh - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Product Engineer Salary in Auto Components Companies for 0 - 1 year of experience

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Salaries in different departments

Research & Development Product Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹5.1 L/yr
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Production, Manufacturing & Engineering Product Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 14 Mar 2025

Companies similar to Zf Rane Automotive for Product Engineer

Company name	Avg Annual Salary	Open Jobs
SKF Product Engineer Salary 2 - 10 years exp. (26 salaries)	₹4.5 L/yr - ₹15 L/yr 128% more	2 job openings
Varroc Group Product Engineer Salary 1 - 6 years exp. (22 salaries)	₹5 L/yr - ₹15.9 L/yr 140% more
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Magna International Product Engineer Salary 0 - 7 years exp. (9 salaries)	₹3.6 L/yr - ₹12 L/yr 100% more
Delphi TVS Product Engineer Salary 0 - 6 years exp. (7 salaries)	₹1.8 L/yr - ₹4 L/yr 31% less
Hitachi Astemo Product Engineer Salary 2 - 7 years exp. (5 salaries)	₹4.2 L/yr - ₹7.5 L/yr 37% more
Faurecia Product Engineer Salary 10 - 12 years exp. (5 salaries)	₹8 L/yr - ₹9.4 L/yr 114% more	2 job openings
Endurance Technologies Product Engineer Salary 15 years exp. (4 salaries)	₹0.3 L/yr - ₹50 L/yr 269% more
TVS Sundram Fasteners Product Engineer Salary 4 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 13% less
Steel Strips Wheels Product Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 8% less
Michelin Product Engineer Salary 0 - 4 years exp. (3 salaries)	₹4.3 L/yr - ₹8 L/yr 65% more
JBM Group Product Engineer Salary 0 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr 6% less
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Product Engineer salary at Zf Rane Automotive ranges between ₹1.6 Lakh to ₹5.1 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Zf Rane Automotive.

Experience wise Zf Rane Automotive Product Engineer salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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1 year (3 salaries)	₹1.6 L/yr - ₹5.1 L/yr

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₹1.8 L/yr - ₹2.3 L/yr

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Technical Lead Salary

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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Zf Rane Automotive

4.0

Rated by 1 employees for salary & benefits

Maintenance Trainee in Chennai

Full Time

Other Department

5.0

• posted on 10 Dec 2022

3.0

for Salary and Benefits

Likes

...joined Maintenance Trainee in Rane NSK. good term and you can acquire knowledge. ( I have worked for 3 mounths after i joined higher studies ) The salary for freshers is 10000 to 13000 per month.

Skill development - Excellent

+5 more

Dislikes

Food is bad. On my point of view.

Diploma Trainee Engineer in Rewari

Full Time

Production Department

4.0

• posted on 12 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent.

Salary - Good

+4 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but not career growth.

Promotions - Poor

Deputy Manager in Chennai

Full Time

Marketing and Project management Department

4.0

• posted on 19 Nov 2020

3.0

for Salary and Benefits

Likes

Young Team is supporting good here to work. Lots of freedom and responsibility which are helping to gain more experience

Skill development - Excellent

+2 more

Dislikes

...complicated process. There will be hand to mouth suitation for every assignment. Work load is high whereas salary is an average

Diploma Trainee Engineer in Gudgav

Full Time

Production Department

3.0

• posted on 09 Aug 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike anand bonus every year.

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Diploma Operator Engineer Training in Bawal, Gurugram, Manesar

Full Time

Production & Quality Department

5.0

• posted on 11 Oct 2021

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow. There is a bond of 3 years before which you cannot resign.

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Zf Rane Automotive Product Engineer Salary FAQs

What is the salary of Product Engineer at Zf Rane Automotive ?

The average salary of a Product Engineer at Zf Rane Automotive in India typically ranges from ₹1.6 Lakhs to ₹5.1 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Product Engineer at Zf Rane Automotive earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Product Engineer Salaries at Zf Rane Automotive 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 4 Zf Rane Automotive employees in India.

What is the estimated take home salary of a Product Engineer at Zf Rane Automotive in India?

The estimated take-home salary of a Product Engineer at Zf Rane Automotive in India typically ranges from ₹29,789 to ₹31,106 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Zf Rane Automotive. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Zf Rane Automotive for Product Engineer in India?

Endurance Technologies	₹0.3 Lakhs to ₹50.0 Lakhs per year
Varroc Group	₹5.0 Lakhs to ₹15.9 Lakhs per year
SKF	₹4.5 Lakhs to ₹15.0 Lakhs per year
Faurecia	₹8.0 Lakhs to ₹9.4 Lakhs per year
Magna International	₹3.6 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Product Engineer in companies similar to Zf Rane Automotive in India?

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

Michelin	₹4.3 Lakhs to ₹8.0 Lakhs per year
Hitachi Astemo	₹4.2 Lakhs to ₹7.5 Lakhs per year
JBM Group	₹3.6 Lakhs to ₹4.2 Lakhs per year
Steel Strips Wheels	₹3.0 Lakhs to ₹4.0 Lakhs per year
TVS Sundram Fasteners	₹3.2 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 Product Engineer at Zf Rane Automotive in India?

The salary growth for a Product Engineer at Zf Rane Automotive depends on factors such as experience, performance, and promotions. On average, a Product Engineer can expect the following growth trajectory at Zf Rane Automotive:

Experience	Average Salary Range
Fresher	₹4.1 Lakhs to ₹5.2 Lakhs per year
1 year	₹1.6 Lakhs to ₹5.1 Lakhs per year

and so on.

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Zf Rane Automotive Product Engineer Salaries

Zf Rane Automotive Product Engineer salary in India ranges between ₹1.6 Lakh to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Zf Rane Automotive latest salaries received from various employees of Zf Rane Automotive.