Acetech Heavy Fab new Product Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

38% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.1 L/yr
Login to view exact salary
Quality Assurance new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.8 L/yr

Last Updated: 25 Nov 2023

Companies similar to Acetech Heavy Fab for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹11.1 L/yr 254% more
Godrej & Boyce Manufacturing new Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹9 L/yr 108% more
Login to view exact salary
Cummins new Product Development Engineer Salary 3 - 6 years exp. (3 salaries)	₹7.4 L/yr - ₹9.4 L/yr 250% more
Nelson Global Products new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹7.9 L/yr 163% more
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 418% more
Kyb Motorcycle Suspension new Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 6% more

new Product Development Engineer salary at Acetech Heavy Fab ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Acetech Heavy Fab.

Experience wise Acetech Heavy Fab new Product Development Engineer salaries

Last Updated: 25 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

Similar Designation salaries in Acetech Heavy Fab

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Production Engineer Salary

(9 salaries)

₹2.1 L/yr - ₹3.25 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Production Manager Salary

(4 salaries)

₹4.9 L/yr - ₹7.8 L/yr

Design Engineer Salary

(6 salaries)

₹2.2 L/yr - ₹5.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Engineer Salary

(26 salaries)

₹3.3 L/yr - ₹6 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

NPD Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Salary related reviews for Acetech Heavy Fab

5.0

Rated by 1 employees for salary & benefits

Senior Engineer in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Sep 2024

1.0

for Salary and Benefits

Likes

I am working with 8 year in production sr engineer roles but top management is not take any solution for improvement but only asking to kaizen & RIW basic culture is worst in meeting discussion and follow the system deviate the rules and then my growth always destroyed

Dislikes

New people come to take care of management. For beter salary he is take to work 3 month also

Engineer in Chennai

Full Time

Other Department

1.0

• posted on 22 Sep 2023

3.0

for Salary and Benefits

Likes

Salary package is good

Dislikes

You want money don't want your life means please join Acetech, Also you don't get salary at salary date, it will credit after one week From the salary date, Sometimes you may get next month only.

Out-Source ( Sr.Engineer) in Padur

Out Sourcing Department

1.0

• posted on 08 Mar 2022

1.0

for Salary and Benefits

Likes

I have Terrible Experience In ACETECH HEAVYFAB PVT ltd. Quite happy with TOP Management people's.But Some cruel people's are there to De- Grade the Employees & spoiling the Company Culture Eradically, it's Not at all Good sign .. 100% Not PREFERABLE ...

Dislikes

To Much of Burden ...

Helper in Poonamallee

Bin Department

3.0

• posted on 21 Nov 2021

2.0

for Salary and Benefits

Likes

In covid period has no college. I need some money. So I was joined Ace tech company at September 2020 in poonamallee,Chennai. But December month has reopened the college. So I leave the company and continue my college day.

Dislikes

Ace tech company I was worked in contractor advice. But he did not given my money

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

Got a question about Acetech Heavy Fab?

Ask anonymously on communities.

Acetech Heavy Fab new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Acetech Heavy Fab?

new Product Development Engineer salary at Acetech Heavy Fab in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 38% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Acetech Heavy Fab India.

How does the salary of a new Product Development Engineer at Acetech Heavy Fab India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Acetech Heavy Fab is 38% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Acetech Heavy Fab to a new Product Development Engineer in India?

SPX Flow Technology new Product Development Engineer Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year
Thermax Limited new Product Development Engineer Salary - ₹6.3 Lakhs to ₹11.1 Lakhs per year
Cummins new Product Development Engineer Salary - ₹7.4 Lakhs to ₹9.4 Lakhs per year
Nelson Global Products new Product Development Engineer Salary - ₹4.5 Lakhs to ₹7.9 Lakhs per year
Godrej & Boyce Manufacturing new Product Development Engineer Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Acetech Heavy Fab in India?

Kyb Motorcycle Suspension new Product Development Engineer Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Acetech Heavy Fab in India?

The estimated take-home salary of a new Product Development Engineer at Acetech Heavy Fab ranges between ₹17,375 per month to ₹19,078 per month in India. The take-home salary calculation is based on the average Acetech Heavy Fab new Product Development Engineer salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Acetech Heavy Fab?

According to AmbitionBox, 100% of the Acetech Heavy Fab new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Acetech Heavy Fab Salaries >
Acetech Heavy Fab new Product Development Engineer Salaries

Acetech Heavy Fab new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Acetech Heavy Fab latest salaries received from various employees of Acetech Heavy Fab.