new Product Development

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new Product Development Salary in India (Updated 2025)

based on 179 latest salaries • updated: 12 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹1.2 Lakh - ₹16.5 Lakhs

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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 179 latest salaries received from new Product... Read More

Latest annual salaries shared by new Product Developments

2d ago

Stumpp Schuele & Somappa Springs

new Product Development

5 years exp.

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4d ago

Kalyani Transmission Technology

new Product Development

6 years exp.

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1w ago

Tata Hitachi Construction Machinery

new Product Development

4 years exp.

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1w ago

Mechtex

new Product Development

1 year exp.

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1w ago

Johoku Manufacturing

new Product Development

2 years exp.

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1w ago

Om Engineering

new Product Development

3 years exp.

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1w ago

Carrier Engineers

new Product Development

5 years exp.

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2w ago

TVS Motor

new Product Development

6 years exp.

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3w ago

Royal Enfield

new Product Development

2 years exp.

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3w ago

British Engines

new Product Development

15 years exp.

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new Product Development salaries by

Years of experience Avg. annual salary
1 year
(27 salaries)
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₹0.2 L/yr - ₹4.5 L/yr

2 years
(27 salaries)
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₹1 L/yr - ₹5.7 L/yr

3 years
(28 salaries)
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₹2 L/yr - ₹12 L/yr

4 years
(19 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

5 years
(11 salaries)
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₹3.1 L/yr - ₹6 L/yr

View all salaries by experience

new Product Development Jobs in India

new Product Development

· 4-9 years

Max Life Insurance

·
4.1

Gurgaon / Gurugram

new Product Development

· 6-11 years

Infineon Technologies Pvt Ltd

·
3.8

Bangalore / Bengaluru

new Product Development

· 5-10 years

Kores

·
3.9

Pithampur

View all new Product Development jobs

new Product Development Salary By Locations

Locations Avg. annual salary
Chennai
new Product Development
1 - 15 years exp.
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₹0.2 L/yr - ₹12 L/yr

Pune
new Product Development
1 - 15 years exp.
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₹0.2 L/yr - ₹14 L/yr

Bangalore / Bengaluru
new Product Development
1 - 15 years exp.
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₹0.7 L/yr - ₹18 L/yr

New Delhi
new Product Development
1 - 12 years exp.
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₹3 L/yr - ₹15.5 L/yr

Gurgaon / Gurugram
new Product Development
1 - 7 years exp.
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₹2.1 L/yr - ₹12 L/yr

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new Product Development Salary By Industries

Industries Avg. annual salary

Manufacturing

new Product Development
1 - 15 years exp.
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₹1.8 L/yr - ₹16.8 L/yr

Auto Components

new Product Development
1 - 15 years exp.
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₹0.8 L/yr - ₹8 L/yr

Industrial Machinery

new Product Development
1 - 15 years exp.
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₹1.6 L/yr - ₹8.2 L/yr

Automobile

new Product Development
1 - 15 years exp.
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₹2 L/yr - ₹12 L/yr

Retail

new Product Development
3 - 13 years exp.
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₹5 L/yr - ₹16 L/yr

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Frequently Asked Questions (FAQS) about new Product Development Salaries

What is the salary of a new Product Development in India?
The salary of a new Product Development in India varies based on experience, location, company & Industry. On average, new Product Development salaries ranges from ₹1.2 Lakhs to ₹16.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.2 Lakhs to ₹16.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 179 salaries received from various new Product Developments across industries.
What are the top paying cities for new Product Development in India?
The annual salary for new Product Development in India varies by location. Top paying cities for new Product Development are
new Product Development Salary in Chennai ₹0.2 Lakhs to ₹12.0 Lakhs per year
new Product Development Salary in Pune ₹0.2 Lakhs to ₹14.0 Lakhs per year
new Product Development Salary in Bangalore / Bengaluru ₹0.7 Lakhs to ₹18.0 Lakhs per year
new Product Development Salary in New Delhi ₹3.0 Lakhs to ₹15.5 Lakhs per year
new Product Development Salary in Gurgaon / Gurugram ₹2.1 Lakhs to ₹12.0 Lakhs per year
Salary expectations for new Product Development may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for new Product Development in India?
Top 5 paying Industries for new Product Development in India are:
new Product Development Salary in Manufacturing ₹1.8 Lakhs to ₹16.8 Lakhs per year
new Product Development Salary in Auto Components ₹0.8 Lakhs to ₹8.0 Lakhs per year
new Product Development Salary in Industrial Machinery ₹1.6 Lakhs to ₹8.2 Lakhs per year
new Product Development Salary in Automobile ₹2.0 Lakhs to ₹12.0 Lakhs per year
new Product Development Salary in Retail ₹5.0 Lakhs to ₹16.0 Lakhs per year
How does experience affect salaries of a new Product Development in India?
Experience significantly impacts a new Product Development salary in India. Salaries increase with experience, as new Product Development take on more complex tasks, responsibilities, and leadership roles. new Product Development salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹0.2 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.0 Lakhs to ₹5.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹12.0 Lakhs per year
4 years ₹2.2 Lakhs to ₹6.5 Lakhs per year
and so on.

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