Aerospace Engineers Chennai new Product Development Engineer Salaries by Employees (Updated 2025)

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₹4.1 Lakhs - ₹5.2 Lakhs

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Last Updated: 5 Nov 2024

Companies similar to Aerospace Engineers for new Product Development Engineer in Chennai

Aerospace Engineers new Product Development Engineer Salary

15 years exp. (AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 33% more
Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 9% less
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Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (16 salaries)	₹2.9 L/yr - ₹7.5 L/yr 9% more	1 job opening
Foxconn new Product Development Engineer Salary 2 - 10 years exp. (10 salaries)	₹1.7 L/yr - ₹8 L/yr 2% more
Polyhose new Product Development Engineer Salary 4 - 9 years exp. (10 salaries)	₹3.2 L/yr - ₹5 L/yr 11% less

new Product Development Engineer salary at Aerospace Engineers ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of Aerospace Engineers.

Salary related reviews for Aerospace Engineers

VMC And CNC Setter in Bhatramaranahalli,near By Dhevanahalli Airport

Full Time

Production & NPD Department

1.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

The only benifit you can get from joining this company is learning CNC controls. Nothing more than that...

Dislikes

# If you join this company your life will be ruined... # when you are called to work they will say that you are paying more than the salary you are getting now... # They say room free, two times meals free and also PF and ESI is available... # They will also tell you that you can develop if you work here... # They will say salary increment after six months.... # If you rely on it and join this company you will just stand in the middle of nowhere... # They will not pay the said salary and if you ask they simply say "you didn't do the job properly"... # You will be fired if you ask salary increment after six months... # If you ask for PF,ESI account number and Pay Slip they will not give and will come to fight... # If you work for this company, you will be pushed to the point where you can buy intereste even for your daily needs... # Even the salary will not be paid properly and on time... It's a fight to hear... # They say the salary date is every month TEN but the paycheck is atleast minimum five days late...That too will come in HALF SALARY... # The working times is minimum 14 to 15 hrs per day... # They behaviour is very very worst.... # No leave including Sunday..... # No job security... NOTE : Do not waste your precious time on this company...

General Manager -Lead Operations, New Product Development in Salem

Operations Department

2.0

• posted on 09 Oct 2021

1.0

for Salary and Benefits

Likes

Company has scope for improvement if the way they work with people.

Dislikes

I had to directly report to the MD. Company works on a caste based system. They are lazy to implement new processes to improve their way of working.

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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Aerospace Engineers new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Aerospace Engineers in Chennai?

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

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Aerospace Engineers new Product Development Engineer Salaries in Chennai

Aerospace Engineers new Product Development Engineer salary in Chennai ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Aerospace Engineers.