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I feel yes of experience x 3 is bare minimum CTC expectation.
If you are having 3 yoe Should target 12 lpa by switching to product based
I’d ask for opportunity to work in development or onsite(abroad). If not, 3 years is long enough to move for career growth. I wouldn’t ask for hike in appraisal if planning to switch. Coz higher the salary, lower the demand