Anant Defence Systems new Product Development Engineer Salaries by 3 Employees

1 - 3 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average new Product Development Engineer Salary for 1 - 3 years of experience

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Last Updated: 21 Mar 2024

Companies similar to Anant Defence Systems for new Product Development Engineer

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Caparo Engineering India new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 52% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 8% more
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INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 3% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 20% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 10% less

new Product Development Engineer salary at Anant Defence Systems ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Anant Defence Systems.

Experience wise Anant Defence Systems new Product Development Engineer salaries

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

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Salary related reviews for Anant Defence Systems

Store & Dispatch Incharge in Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 20 Nov 2024

5.0

for Salary and Benefits

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Cutting-Edge Technology: Working in the defense sector often involves exposure to advanced technology and innovative projects, which can be exciting and fulfilling. 2. Patriotic Contribution: Employees might feel proud knowing their work contributes to national security and defense. 3. Learning Opportunities: The defense industry usually offers a steep learning curve with diverse roles and responsibilities, enabling personal and professional growth. 4. Workplace Culture: If the company fosters a culture of collaboration, respect, and continuous improvement (e.g., using practices like 5S and Gemba), it can make the work environment motivating. 5. Career Growth: Companies in niche sectors often provide significant opportunities for growth due to their specialized nature. 6. Impactful Work: Employees might appreciate the chance to be involved in projects that have real-world implications and long-term significance.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Anant Defence Systems new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Anant Defence Systems in India?

The salary growth for a new Product Development Engineer at Anant Defence Systems depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Anant Defence Systems:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Anant Defence Systems new Product Development Engineer Salaries

Anant Defence Systems new Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Anant Defence Systems latest salaries received from various employees of Anant Defence Systems.