Apollo Tyres new Product Development Engineer Salaries by 9 Employees

1 - 10 years exp.

₹5.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

62% more than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 10 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹6.4 L/yr - ₹6.7 L/yr
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Construction & Site Engineering new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr

Last Updated: 7 Sep 2024

Companies similar to Apollo Tyres for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2.2 L/yr - ₹6.6 L/yr 36% less
Sansera Engineering new Product Development Engineer Salary 1 - 5 years exp. (12 salaries)	₹3.8 L/yr - ₹5.5 L/yr 34% less
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Brakes India new Product Development Engineer Salary 1 - 14 years exp. (11 salaries)	₹1.5 L/yr - ₹8.8 L/yr 24% less
Tenneco new Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.1 L/yr - ₹6.8 L/yr 45% less
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 38% less
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 51% less
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr 50% less
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 43% less
DENSO new Product Development Engineer Salary 2 - 9 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 1% less
Valeo new Product Development Engineer Salary 3 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹10.5 L/yr 5% more
Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 43% less
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Michelin new Product Development Engineer Salary 7 - 11 years exp. (3 salaries)	₹11.6 L/yr - ₹16.4 L/yr 106% more
Forvia Hella new Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 60% less
Amara Raja Group new Product Development Engineer Salary 0 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 47% less
Hitachi Astemo new Product Development Engineer Salary 5 - 7 years exp. (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr 37% less

new Product Development Engineer salary at Apollo Tyres ranges between ₹5.5 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Apollo Tyres.

Experience wise Apollo Tyres new Product Development Engineer salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
2 years (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr
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3 years (3 salaries)	₹6.1 L/yr - ₹11.7 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr

View all

Similar Designation salaries in Apollo Tyres

Product Development Engineer Salary

(7 salaries)

₹3 L/yr - ₹11.35 L/yr

Development Engineer Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Production Engineer Salary

(224 salaries)

₹1 L/yr - ₹5.7 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Project Engineer Salary

(13 salaries)

₹1.8 L/yr - ₹5.1 L/yr

Production Officer Salary

(9 salaries)

₹2.04 L/yr - ₹8 L/yr

Assistant Engineer Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Production Manager Salary

(26 salaries)

₹6.26 L/yr - ₹20 L/yr

Design Engineer Salary

(7 salaries)

₹2.6 L/yr - ₹6 L/yr

Salary related reviews for Apollo Tyres

Senior Engineer in Vadodara

Construction & Site Engineering Department

4.0

• posted on 14 Nov 2021

4.0

for Salary and Benefits

Likes

Company's work policies not aligned with practicals. Salary and other welfare is extremely good but worklife balance not there in mid level.

Salary - Good

+1 more

Dislikes

Work life balance and worker oriented culture is not good. Mainly no job segregation in hierarchy. All doing mostly same jobs in same hierarchy. Manager grade also work like supervisor due to work culture which has to be changed sooner. No latest trends training.

Work satisfaction - Poor

+1 more

Production Engineer in Kalamassery

Other Department

5.0

• posted on 02 Dec 2020

5.0

for Salary and Benefits

Likes

Good

Salary - Excellent

+3 more

Dislikes

No salary increment for apprentice trainees after one year. No one is theie to promote trainees. I have been working as a trainee engineer for the past two years. I didnt got any salary hike. Also they wont make experienced trainees permanent. Please admit trainees in permanent posts if they have good skills. No one is there to see our hardwork and efficiency.

Job security - Bad

+2 more

Senior Engineer in Kalamaserry

Technology / NPD Department

3.0

• posted on 04 Feb 2022

1.0

for Salary and Benefits

Likes

Food in the canteen is the best thing I miss. Employee benefit policies are good not the best.

Dislikes

Compensation very poor compared to other tyre industry. Growth is slow, even though you have proved your contribution to management. No oppertunity of learning new, same work routine. Needs to be in good book of manager to get promoted. No transportation facility No recognition or awards on your contribution Health insurance policy very minimal

Salary - Bad

+4 more

Territory Incharge in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 10 Dec 2022

2.0

for Salary and Benefits

Likes

On time salary Good people in local level Great team in SBU level Supportive work culture Everything good regarding local team and mid level management

Job security - Good

Dislikes

Higher management is bringing on unnecessary pressure. NRC ( daily followups and customer calls) No trust in sales and service team Company does back end calls to the dealers to ask for employee performance. Very poor appraisal system Company is earning profit but they are not passing down the line. Restricted growth opportunities. They have kept their prices high in the month of aug and September in comparison to MRF and now when they lost market share they are blaming the sales force

Salary - Poor

+1 more

Gat Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 08 Feb 2023

2.0

for Salary and Benefits

Likes

Freedom of developing skills and good team to coordinate in every situations and best guidance to get knowledge on work flow and process flow of industries.

Skill development - Excellent

+2 more

Dislikes

...n permanent job in their organization even after they have got enough knowledge. Salary is also not negligible. It's hard to see future there.

Salary - Poor

+1 more

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Apollo Tyres new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Apollo Tyres ?

The average salary of a new Product Development Engineer at Apollo Tyres in India typically ranges from ₹5.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of new Product Development Engineer at Apollo Tyres earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. new Product Development Engineer Salaries at Apollo Tyres can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Apollo Tyres employees in India.

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

The estimated take-home salary of a new Product Development Engineer at Apollo Tyres in India typically ranges from ₹50,260 to ₹51,447 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Apollo Tyres. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Apollo Tyres for new Product Development Engineer in India?

Michelin	₹11.6 Lakhs to ₹16.4 Lakhs per year
Valeo	₹2.3 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Apollo Tyres, depending on the role and experience level.

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

The salary of a new Product Development Engineer at companies similar to Apollo Tyres in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DENSO	₹5.0 Lakhs to ₹8.0 Lakhs per year
Brakes India	₹1.5 Lakhs to ₹8.8 Lakhs per year
Sansera Engineering	₹3.8 Lakhs to ₹5.5 Lakhs per year
UNO Minda	₹2.2 Lakhs to ₹6.6 Lakhs per year
Hitachi Astemo	₹3.8 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a new Product Development Engineer at Apollo Tyres in India?

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

Experience	Average Salary Range
1 year	₹5.8 Lakhs to ₹7.4 Lakhs per year
2 years	₹5.5 Lakhs to ₹6.5 Lakhs per year
3 years	₹6.1 Lakhs to ₹11.7 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Apollo Tyres new Product Development Engineer Salaries

Apollo Tyres new Product Development Engineer salary in India ranges between ₹5.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Apollo Tyres latest salaries received from various employees of Apollo Tyres.