Aswin Cold Forge new Product Development Sr. Engineer Salaries by 4 Employees

7 - 10 years exp.

₹4.3 Lakhs - ₹10.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% more than the average new Product Development Sr. Engineer Salary in Auto Components Companies for 7 - 10 years of experience

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Salaries in different departments

Quality Assurance new Product Development Sr. Engineer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.9 L/yr
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Procurement & Supply Chain new Product Development Sr. Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr

Last Updated: 31 Jan 2024

Companies similar to Aswin Cold Forge for new Product Development Sr. Engineer

Company name	Avg Annual Salary	Open Jobs
Estee Auto Pressings new Product Development Sr. Engineer Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 40% less
Bsc Rubber Industries new Product Development Sr. Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.2 L/yr 55% less
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Steel Strips Wheels new Product Development Sr. Engineer Salary 7 - 10 years exp. (4 salaries)	₹5.3 L/yr - ₹7 L/yr 21% less
Roop Polymers new Product Development Sr. Engineer Salary 10 - 12 years exp. (3 salaries)	₹5.6 L/yr - ₹7 L/yr 19% less
RESEARCH DEVELOPMENT AND MANUFACTURING CORPORATION new Product Development Sr. Engineer Salary 4 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 46% less

new Product Development Sr. Engineer salary at Aswin Cold Forge ranges between ₹4.3 Lakhs to ₹10.9 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Aswin Cold Forge.

Experience wise Aswin Cold Forge new Product Development Sr. Engineer salaries

Last Updated: 31 Jan 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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9 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr

Similar Designation salaries in Aswin Cold Forge

Senior Design Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹10.4 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Process Planning Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

new Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Salary related reviews for Aswin Cold Forge

Production Planning Control Engineer in Chennai

Full Time

Procurement & Supply Chain Department

4.0

• posted on 25 Jun 2021

2.0

for Salary and Benefits

Likes

I am working in peaceful working environment compared with my previous company. Supportive team persons and make comfortable to work. I learn more knowledge about Production planning.

Work satisfaction - Good

Dislikes

There is a lot of Politics and the management does not care about our issues.

Salary - Poor

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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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Aswin Cold Forge new Product Development Sr. Engineer Salary FAQs

What is the salary of new Product Development Sr. Engineer at Aswin Cold Forge ?

The average salary of a new Product Development Sr. Engineer at Aswin Cold Forge in India typically ranges from ₹4.3 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of new Product Development Sr. Engineer at Aswin Cold Forge earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹10.9 Lakhs per year. new Product Development Sr. Engineer Salaries at Aswin Cold Forge 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 4 Aswin Cold Forge employees in India.

What is the estimated take home salary of a new Product Development Sr. Engineer at Aswin Cold Forge in India?

The estimated take-home salary of a new Product Development Sr. Engineer at Aswin Cold Forge in India typically ranges from ₹57,375 to ₹58,818 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from 7 years 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 4 salaries received from various employees of Aswin Cold Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a new Product Development Sr. Engineer in companies similar to Aswin Cold Forge in India?

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

Roop Polymers	₹5.6 Lakhs to ₹7.0 Lakhs per year
Steel Strips Wheels	₹5.3 Lakhs to ₹7.0 Lakhs per year
Estee Auto Pressings	₹4.0 Lakhs to ₹5.5 Lakhs per year
RESEARCH DEVELOPMENT AND MANUFACTURING CORPORATION	₹3.8 Lakhs to ₹4.8 Lakhs per year
Bsc Rubber Industries	₹2.7 Lakhs to ₹4.2 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 Sr. Engineer at Aswin Cold Forge in India?

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

Experience	Average Salary Range
7 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
8 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
9 years	₹9.8 Lakhs to ₹12.5 Lakhs per year
10 years	₹9.8 Lakhs to ₹12.5 Lakhs per year

and so on.

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Aswin Cold Forge new Product Development Sr. Engineer Salaries

Aswin Cold Forge new Product Development Sr. Engineer salary in India ranges between ₹4.3 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aswin Cold Forge latest salaries received from various employees of Aswin Cold Forge.