Alicon Castalloy new Product Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

12% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 7 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 26 Jan 2025

Companies similar to Alicon Castalloy for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 14% less
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 41% more
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TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 1% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 26% more
Samvardhana Motherson Group new Product Development Engineer Salary 2 - 4 years exp. (7 salaries)	₹2.5 L/yr - ₹3.6 L/yr 8% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 9% less
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 5% more
Imperial Auto Industries new Product Development Engineer Salary 1 - 12 years exp. (20 salaries)	₹1.8 L/yr - ₹4.4 L/yr At par
Pricol new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹7 L/yr 38% more
Steel Strips Wheels new Product Development Engineer Salary 3 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4.6 L/yr 7% less
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 16% more
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Lumax Industries new Product Development Engineer Salary 1 - 3 years exp. (6 salaries)	₹2.7 L/yr - ₹3.6 L/yr 9% less
Spark Minda new Product Development Engineer Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 12% less
ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 37% more
Asahi India Glass new Product Development Engineer Salary 1 - 2 years exp. (5 salaries)	₹1.7 L/yr - ₹3.5 L/yr 2% less
Subros new Product Development Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.6 L/yr - ₹9.2 L/yr 59% more
Fiem Industries new Product Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.6 L/yr 26% more
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 7% more
SKF new Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 28% less
Gabriel India new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 16% more

View all

new Product Development Engineer salary at Alicon Castalloy ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Alicon Castalloy.

Experience wise Alicon Castalloy new Product Development Engineer salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

Similar Designation salaries in Alicon Castalloy

Production Engineer Salary

(36 salaries)

₹1.8 L/yr - ₹4.9 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(10 salaries)

₹2.8 L/yr - ₹3.7 L/yr

Production Manager Salary

(5 salaries)

₹7.6 L/yr - ₹12.2 L/yr

Design Engineer Salary

(11 salaries)

₹2.35 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(19 salaries)

₹2.25 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(74 salaries)

₹3.25 L/yr - ₹8.5 L/yr

Production Supervisor Salary

(3 salaries)

₹2.27 L/yr - ₹2.8 L/yr

Salary related reviews for Alicon Castalloy

Assistant Manager NPD in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 22 Mar 2023

2.0

for Salary and Benefits

Likes

Very worst culture feels like working as a Gulam. Totally Hitler culture

Dislikes

Everything is dislike no culture . No worklife No job security Salary not done on time Top management is very worst n non ethical behavior No personal life if you enter Alicon group.

Salary - Poor

+5 more

GDC Production Engineer in Pune

Full Time

Other Department

4.0

• posted on 17 Nov 2024

3.0

for Salary and Benefits

Likes

Alicon Company Good Policy Provide to Employees, Salary Package and Promotions Do Better .

Skill development - Excellent

+1 more

Dislikes

Plant Internal Atmosphere is not good , full Pollution without Face Mask can't do work in Plant . This Is Very Dangerous .

Supervisor in Pune

Production, Manufacturing & Engineering Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Company giving all employees payment in Lock down. But from may they have rules for all employees should join their duty for 12 hrs in day & night. No bus, no canteen & no social distance..

Dislikes

Their are no any security of job, salary increase. Teammates not supported. Low career growth & more working hours

Job security - Poor

+2 more

Quality Assurance (Shift Engineer) in Pune

Finance & Accounting Department

5.0

• posted on 17 Dec 2018

5.0

for Salary and Benefits

Likes

This is one of the best industry in casting as well as Big group. And my profile in this company as a quality department shift engineer it is like me.

Salary - Excellent

+6 more

Dislikes

I never ask Alicon is bad company but this is my problem ahot salary so I Will change the job

Trainee Quality Engineer

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Jul 2018

5.0

for Salary and Benefits

Likes

It's my pleasure to work in Alicon it is very good company for mechanical engineering student which is provided good salary package and safety to there employee.

Salary - Excellent

+5 more

Dislikes

Some time the work load pressure is very high.

see more salary related reviews

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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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Alicon Castalloy new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Alicon Castalloy?

new Product Development Engineer salary at Alicon Castalloy in India ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 12% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Alicon Castalloy India.

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

The average salary of a new Product Development Engineer at Alicon Castalloy is 12% 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 Alicon Castalloy to a new Product Development Engineer in India?

Subros new Product Development Engineer Salary - ₹2.6 Lakhs to ₹9.2 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
Pricol new Product Development Engineer Salary - ₹1.6 Lakhs to ₹7.0 Lakhs per year
ZF Steering Gear new Product Development Engineer Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
Fiem Industries new Product Development Engineer Salary - ₹3.6 Lakhs to ₹5.6 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Alicon Castalloy in India?

UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
CIE Automotive new Product Development Engineer Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
Gabriel India new Product Development Engineer Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year
Magna International new Product Development Engineer Salary - ₹2.8 Lakhs to ₹4.2 Lakhs per year
Tata AutoComp Systems new Product Development Engineer Salary - ₹2.5 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Alicon Castalloy in India?

The estimated take-home salary of a new Product Development Engineer at Alicon Castalloy ranges between ₹25,595 per month to ₹27,025 per month in India. The take-home salary calculation is based on the average Alicon Castalloy new Product Development Engineer salary in India which ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Alicon Castalloy?

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

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Alicon Castalloy new Product Development Engineer Salaries

Alicon Castalloy new Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Alicon Castalloy latest salaries received from various employees of Alicon Castalloy.