ATV Precision Components Chennai new Product Development Engineer Salaries by 5 Employees (Updated 2025)

3 - 7 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Salary of majority employees

10% more than the average new Product Development Engineer Salary for 3 - 7 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Quality Assurance new Product Development Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 24 May 2024

Companies similar to ATV Precision Components for new Product Development Engineer in Chennai

ATV Precision Components new Product Development Engineer Salary

3 - 7 years exp. (5 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (4 salaries)	₹4 L/yr - ₹11.3 L/yr 49% more
TCS new Product Development Engineer Salary 0 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹7.5 L/yr 16% more
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Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 41% more
Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 7% less
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (16 salaries)	₹2.9 L/yr - ₹7.5 L/yr 12% more

new Product Development Engineer salary at ATV Precision Components ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of ATV Precision Components.

Experience wise ATV Precision Components new Product Development Engineer salaries in Chennai

Last Updated: 24 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in ATV Precision Components

Junior Engineer Salary

(7 salaries)

₹2 L/yr - ₹3.35 L/yr

Production Engineer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Production Supervisor Salary

(3 salaries)

₹2.3 L/yr - ₹4.1 L/yr

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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ATV Precision Components new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at ATV Precision Components Chennai?

new Product Development Engineer salary at ATV Precision Components in Chennai ranges between ₹3.0 Lakhs to ₹5.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 10% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ATV Precision Components Chennai.

How does the salary of a new Product Development Engineer at ATV Precision Components Chennai compare with the average salary range for this job?

The average salary of a new Product Development Engineer at ATV Precision Components is 10% more than the average salary of a new Product Development Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than ATV Precision Components to a new Product Development Engineer in Chennai?

Sundaram Clayton new Product Development Engineer Salary - ₹4.0 Lakhs to ₹11.3 Lakhs per year
Lucas-TVS new Product Development Engineer Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.5 Lakhs per year
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to ATV Precision Components in Chennai?

Avalon Technologies new Product Development Engineer Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at ATV Precision Components in Chennai?

The estimated take-home salary of a new Product Development Engineer at ATV Precision Components ranges between ₹32,744 per month to ₹34,017 per month in Chennai. The take-home salary calculation is based on the average ATV Precision Components new Product Development Engineer salary in India which ranges between ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at ATV Precision Components in Chennai?

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

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ATV Precision Components new Product Development Engineer Salaries in Chennai

ATV Precision Components new Product Development Engineer salary in Chennai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ATV Precision Components latest salaries received from various employees of ATV Precision Components.