new Product Development
Annual salary range
₹1.2 Lakh - ₹16.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries bynew Product Development Salary in India (Updated 2025)
based on 178
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise new Product Development salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(27
salaries)
|  ₹0.2 L/yr - ₹4.5 L/yr |
2
years
(27
salaries)
| ₹1 L/yr - ₹5.7 L/yr |
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| |
3
years
(28
salaries)
| ₹2 L/yr - ₹12 L/yr |
4
years
(19
salaries)
| ₹2.2 L/yr - ₹6.5 L/yr |
5
years
(11
salaries)
| ₹3.1 L/yr - ₹6 L/yr |
View all salaries by experience
new Product Development Salary in
India ranges between ₹1.2
Lakh to ₹16.5
Lakhs for
1 year of experience to 15 years of experience
. Salary estimates are based on
178 latest salaries received
from new Product Development.
See latest salaries
new Product Development salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Research & Development
new Product Development Salary
1 - 15
years
exp.
(57
salaries)
| ₹1.8 L/yr - ₹16 L/yr |
Login to view exact salary
| |
Production, Manufacturing & Engineering
new Product Development Salary
1 - 15
years
exp.
(26
salaries)
| ₹1.9 L/yr - ₹14 L/yr |
View all departments salaries
Latest annual salaries shared by new Product Developments
2d ago
Stumpp Schuele & Somappa Springs
new Product Development
5 years exp.
4d ago
Kalyani Transmission Technology
new Product Development
6 years exp.
1w ago
Tata Hitachi Construction Machinery
new Product Development
4 years exp.
1w ago
Mechtex
new Product Development
1 year exp.
1w ago
Johoku Manufacturing
new Product Development
2 years exp.
1w ago
Om Engineering
new Product Development
3 years exp.
1w ago
Carrier Engineers
new Product Development
5 years exp.
2w ago
TVS Motor
new Product Development
6 years exp.
3w ago
Royal Enfield
new Product Development
2 years exp.
3w ago
British Engines
new Product Development
15 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
6
yrs
exp.
(4 salaries)
|
₹2.1 L/yr - ₹3.5 L/yr | |
1 -
12
yrs
exp.
(4 salaries)
|
₹1.6 L/yr - ₹8 L/yr | |
Login to view exact salary
| ||
12 -
16
yrs
exp.
(4 salaries)
|
₹15.5 L/yr - ₹22 L/yr | |
|
4 -
6
yrs
exp.
(3 salaries)
|
₹2.5 L/yr - ₹4.2 L/yr | |
6 -
8
yrs
exp.
(3 salaries)
|
₹16 L/yr - ₹20.9 L/yr | |
7 -
9
yrs
exp.
(3 salaries)
|
₹7.2 L/yr - ₹9.2 L/yr | |
3 -
5
yrs
exp.
(3 salaries)
|
₹2.2 L/yr - ₹3.6 L/yr | |
2 -
3
yrs
exp.
(3 salaries)
|
₹2.2 L/yr - ₹2.5 L/yr | |
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| ||
|
25 -
27
yrs
exp.
(3 salaries)
|
₹4.8 L/yr - ₹5.8 L/yr | |
1 -
3
yrs
exp.
(3 salaries)
|
₹1.8 L/yr - ₹2.2 L/yr | |
new Product Development Jobs in India
new Product Development
· 4-9 years
Max Life Insurance
Gurgaon / Gurugram
new Product Development
· 1-4 years
Nuvoco Vistas Corporation (Nuvoco)
₹5
L/yr
- ₹12
L/yr
Mumbai
new Product Development
· 2-6 years
Morningstar India (P) Ltd.
Mumbai
Top skills for new Product Development
new Product Development Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Chennai
new Product Development
1 -
15
years
exp.
| ₹0.2 L/yr - ₹12 L/yr |
Pune
new Product Development
1 -
15
years
exp.
| ₹0.2 L/yr - ₹14 L/yr |
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| |
Bangalore / Bengaluru
new Product Development
1 -
15
years
exp.
| ₹0.7 L/yr - ₹18 L/yr |
New Delhi
new Product Development
1 -
12
years
exp.
| ₹3 L/yr - ₹15.5 L/yr |
Gurgaon / Gurugram
new Product Development
1 -
7
years
exp.
| ₹2.1 L/yr - ₹12 L/yr |
View More
new Product Development Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Manufacturing new Product Development
1 -
15
years
exp.
| ₹1.8 L/yr - ₹16.8 L/yr |
Auto Components new Product Development
1 -
15
years
exp.
| ₹0.8 L/yr - ₹8 L/yr |
Login to view exact salary
| |
Industrial Machinery new Product Development
1 -
15
years
exp.
| ₹1.6 L/yr - ₹8.2 L/yr |
Automobile new Product Development
1 -
15
years
exp.
| ₹2 L/yr - ₹12 L/yr |
Retail new Product Development
3 -
13
years
exp.
| ₹5 L/yr - ₹16 L/yr |
View More
Frequently Asked Questions about new Product Development Salaries
What is the salary of a new Product Development in India?
Salary for a new Product Development in India ranges between ₹1.2 Lakhs to ₹16.5 Lakhs per year. Salary estimates are based on 178 latest salaries received from various new Product Developments across industries.
What is the starting salary for a new Product Development in India?
Average starting Salary for new Product Development in India is around ₹1.2 Lakhs per year (₹10.0k per month). 1 year of minimum experience is required to be a new Product Development.
What are the top paying industries for new Product Development in India?
- Retail - ₹5.0 Lakhs to 22.0 Lakhs per year
- FMCG - ₹4.3 Lakhs to 20.9 Lakhs per year
- Automobile - ₹1.2 Lakhs to 12.0 Lakhs per year
- Auto Components - ₹0.2 Lakhs to 18.6 Lakhs per year
- Industrial Machinery - ₹0.2 Lakhs to 9.0 Lakhs per year
What are the top paying cities for new Product Development in India?
- New Delhi - ₹1.0 Lakhs to 22.0 Lakhs per year
- Gurgaon / Gurugram - ₹1.5 Lakhs to 16.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.2 Lakhs to 24.0 Lakhs per year
- Pune - ₹0.2 Lakhs to 17.0 Lakhs per year
- Chennai - ₹0.2 Lakhs to 20.0 Lakhs per year
What are the popular/top skills required to become a new Product Development?
These are the top skills of a new Product Development based on 43 jobs posted by employers.
- Project Management
- AutoCAD
- Product Design
- Solid Works
- Design Development
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