Aequs Belgaum new Product Development Engineer Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹2.4 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

12% more than the average new Product Development Engineer Salary in Defence & Aerospace Companies for 1 - 5 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 26 Oct 2023

Companies similar to Aequs for new Product Development Engineer in Belgaum

Aequs new Product Development Engineer Salary

1 - 5 years exp. (3 salaries)

₹2.4 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Ashok Iron Works new Product Development Engineer Salary 3 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 26% less
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Belgaum Ferrocast new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 52% less

new Product Development Engineer salary at Aequs ranges between ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Aequs.

Experience wise Aequs new Product Development Engineer salaries in Belgaum

Last Updated: 26 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Aequs

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Senior Engineer Salary

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₹3.5 L/yr - ₹7 L/yr

Design Engineer Salary

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₹2.4 L/yr - ₹5 L/yr

Mechanical Engineer Salary

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₹2.15 L/yr - ₹4.5 L/yr

Project Engineer Salary

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₹3 L/yr - ₹5.92 L/yr

Software Engineer Salary

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₹2.4 L/yr - ₹3.6 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹3.6 L/yr

Top skills at Aequs for new Product Development Engineer

Machine Scheduling Production Supervising Planning Production Scheduling

Salary related reviews for Aequs

1.0

Rated by 1 employees for salary & benefits

Production Engineer in Belgaum

Full Time

Production Department

4.0

• posted on 04 Nov 2020

3.0

for Salary and Benefits

Likes

...my home town. Teammates are experienced and helpfull. Company policies are good. No issues about the salary, get paid by every last day of the month.

Skill development - Good

+2 more

Dislikes

There is a lot of politics and management doesn't address our issues. Salary is decent but career growth is too slow. There is a bond of 1 year which you cannot resign. Company policies keep on changing for the trainees and no growth in salary as well, no bonus for trainees.

Production Engineer in Hattaragi

Plastics moulding Department

1.0

• posted on 10 Jan 2022

1.0

for Salary and Benefits

Likes

One of the worst places to work, do not spoil your future joining this company, especially the plastics unit. The plastics unit managers are the worst ever, worst HR policy. I LIKE NOTHING ABOUT THE COMPANY

Dislikes

One of the worst workplaces to work, do not spoil your future working in this bonus especially the plastics unit. The plastics moulding manager is the worst, worst HR policy

Salary - Bad

+6 more

Engineer in Pune

Full Time

Quality Assurance Department

2.0

• posted on 20 Dec 2024

4.0

for Salary and Benefits

Likes

Good training Salary in this company is on time and mangment is good and team work are good

Salary - Good

+1 more

Dislikes

Salary increase and promotion etc. can be done a lot here by taking parcelity and money and Trust transfer and respect is only for workers but this manager doesn't apply these rules to the people because they say insults in their face, what kind of culture is this?

Job security - Bad

+2 more

Graduate Engineer in Bangalore / Bengaluru

Contractual

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Jun 2024

2.0

for Salary and Benefits

Likes

For fresher it's a good company buy as you grow there is not much growth.

Dislikes

they hire fresh graduate on contact and give them very less pay scale. Job was in rotation shift, that's why no work life balance.Local dominance and work culture is poor, in COVID they fired so many employees.

Salary - Poor

+6 more

Senior Medical Officer in Belgaum

Full Time

Environment Health & Safety Department

1.0

• posted on 11 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...milies, Being in Medical cadre, you are always expected to be available 24X7, Too many deductions in salary and what you get finally in hand is peanuts. List is exhaustive..!! I don't recommend this place for any doctors (especially with the existing Senior most doctor).

Salary - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Aequs new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Aequs in Belgaum?

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

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Aequs new Product Development Engineer Salaries in Belgaum

Aequs new Product Development Engineer salary in Belgaum ranges between ₹2.4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Aequs latest salaries received from various employees of Aequs.