Bajaj Steel Industries Product Development Engineer Salaries by 3 Employees (Updated 2025)

3 - 6 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Last Updated: 28 Jan 2024

Companies similar to Bajaj Steel Industries for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Hindalco Industries Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹6.8 L/yr 23% more
Tata Motors Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹8.3 L/yr 36% more
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Mahindra & Mahindra Product Development Engineer Salary 0 - 6 years exp. (18 salaries)	₹2.4 L/yr - ₹10 L/yr 76% more
Ashok Leyland Product Development Engineer Salary 0 - 3 years exp. (7 salaries)	₹2 L/yr - ₹3.5 L/yr 35% less
Vesuvius Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹5.7 L/yr - ₹8.9 L/yr 83% more
Shaily Engineering Plastics Ltd Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹7.9 L/yr 41% more

Product Development Engineer salary at Bajaj Steel Industries ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Steel Industries.

Experience wise Bajaj Steel Industries Product Development Engineer salaries

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Bajaj Steel Industries

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(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

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Project Engineer Salary

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Senior Design Engineer Salary

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₹3.36 L/yr - ₹7.5 L/yr

Assistant Engineer Salary

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₹2.4 L/yr - ₹3.5 L/yr

Production Manager Salary

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₹6.3 L/yr - ₹16.5 L/yr

Design Engineer Salary

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₹1.8 L/yr - ₹5 L/yr

Senior Engineer Salary

(14 salaries)

₹4 L/yr - ₹5 L/yr

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₹1.8 L/yr - ₹3 L/yr

Quality Engineer Salary

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₹2 L/yr - ₹3.24 L/yr

Salary related reviews for Bajaj Steel Industries

Mechanical Engineer in Nagpur

Full Time

Quality Assurance Department

3.0

• posted on 05 Jan 2021

3.0

for Salary and Benefits

Likes

Learning skills

Skill development - Good

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

PEB DETAILING CHECKER in Nagpur

Full Time

Research & Development Department

4.0

• posted on 22 Jun 2022

1.0

for Salary and Benefits

Likes

Fixed time and less work for those are not taking responsibility...For Freshers good company... learning and earning.

Dislikes

Working Environment not good. Herarchy not maintained... salary as per not your responsibility and designation...west ur knowledge and Time...for experience person... company not provide any facilities apart from salary.

Salary - Bad

+2 more

Service Engineer in Nagpur

Production, Manufacturing & Engineering Department

3.0

• posted on 07 Oct 2018

2.0

for Salary and Benefits

Likes

...m mates and staff also verry good, there lot of thing to gain knowledge & skill. But little sacrifice with salary. But you can go ahead on the base of your performance. If you are fresher it will be nice for you.

Skill development - Good

+3 more

Dislikes

Salary - Poor
Work-life balance - Poor

Senior Electrical Engineer in Nagpur

Full Time

Other Department

3.0

• posted on 02 Jun 2024

1.0

for Salary and Benefits

Likes

Wry good place to start your career.Opportunity to constantly learn & grow. I am exposed to new challenges regularly which helps me to develop both professionals and personally.

Dislikes

Law pay, Poor management, inflexible work balence, Increment problem

Salary - Bad

+4 more

Junior Engineer in Nagpur

Full Time

Project & Program Management Department

2.0

• posted on 29 Jul 2023

2.0

for Salary and Benefits

Likes

only job satisfaction

Job security - Good

+1 more

Dislikes

they have give appraisal as per condition today he give 12 k thousand for enginneer ITI operator have much payment compare to this their motive has to just grow thier infrastructure their comany but the didnt thought about employee how he manage in that of low sallary in that condition so he will think about that as employee is happy they work joyfully & one thing they also give bond of 3 yrs

Salary - Poor

+2 more

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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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Bajaj Steel Industries Product Development Engineer Salary FAQs

What is the notice period for Product Development Engineer at Bajaj Steel Industries?

According to AmbitionBox, 100% of the Bajaj Steel Industries Product Development Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Steel Industries Product Development Engineer Salaries

Bajaj Steel Industries Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Steel Industries latest salaries received from various employees of Bajaj Steel Industries.