Bharat Forge new Product Development Engineer Salaries by 10 Employees (Updated 2025)

3 - 8 years exp.

₹3.9 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

24% more than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 8 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 6 years exp. (5 salaries)	₹3.9 L/yr - ₹5.3 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 5 - 8 years exp. (3 salaries)	₹5.2 L/yr - ₹5.6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Bharat Forge for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 41% less
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 12% more
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Ashok Leyland new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.7 L/yr 27% less
TVS Motor new Product Development Engineer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹4.2 L/yr 47% less
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 73% more
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 64% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 81% more
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 34% less
Escorts Kubota Limited new Product Development Engineer Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 48% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 35% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 24% less
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Belrise Industries new Product Development Engineer Salary 0 - 9 years exp. (22 salaries)	₹2.2 L/yr - ₹5.4 L/yr 30% less
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 1 - 8 years exp. (20 salaries)	₹2.9 L/yr - ₹7.5 L/yr 4% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 10% less
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 33% more
Delphi TVS new Product Development Engineer Salary 1 - 5 years exp. (8 salaries)	₹2 L/yr - ₹4.1 L/yr 32% less
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 30% less
Mando Automotive new Product Development Engineer Salary 2 - 9 years exp. (7 salaries)	₹4.4 L/yr - ₹5.1 L/yr At par
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 17% less
Lumax Industries new Product Development Engineer Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹4.5 L/yr 41% less

View all

new Product Development Engineer salary at Bharat Forge ranges between ₹3.9 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of Bharat Forge.

Experience wise Bharat Forge new Product Development Engineer salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.7 L/yr
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5 years (3 salaries)	₹3.9 L/yr - ₹5.2 L/yr
6 years (3 salaries)	₹3.9 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Bharat Forge

Development Engineer Salary

(4 salaries)

₹5 L/yr - ₹6.2 L/yr

Production Engineer Salary

(149 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Senior Design Engineer Salary

(6 salaries)

₹3.6 L/yr - ₹7 L/yr

Project Engineer Salary

(10 salaries)

₹2.15 L/yr - ₹5.1 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Production Manager Salary

(26 salaries)

₹7.1 L/yr - ₹12 L/yr

Design Engineer Salary

(68 salaries)

₹1.5 L/yr - ₹8.1 L/yr

Mechanical Engineer Salary

(75 salaries)

₹1.5 L/yr - ₹9 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Bharat Forge

3.7

Rated by 2 employees for salary & benefits

Deputy Manager in Baramati

Full Time

Project & Program Management Department

4.0

• posted on 22 Aug 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. sometimes, I have to work 10-12 hours straight in a day.

Production Manager in Baramati,Pune

Production, Manufacturing & Engineering Department

3.0

• posted on 23 Jan 2021

4.0

for Salary and Benefits

Likes

Good work environment & culture,Teammates are supportive,Company policies are good,appraisals are fair & they give good salary. Systems are good

Salary - Good

+3 more

Dislikes

No work as per post & previous knowledge Working System not followed continuously

Design Engineer in Pune

Research & Development Department

2.0

• posted on 16 Jan 2019

1.0

for Salary and Benefits

Likes

Great Technology, Enhancement in knowledge of Material Science, Material Forming, Machining, Heat Treatments. People are very Knowledgeable and Bharat Forge has a very Good name in Manufacturing Industries in India. It is Good company to work for Freshers

Skill development - Good

+1 more

Dislikes

Not Good in compensation & Benefit. Not employee friendly policies and Working culture

Salary - Bad

+1 more

Assistant Manager Electrical Maintenance in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 02 Feb 2025

2.0

for Salary and Benefits

Likes

On time salary

Dislikes

Micromanagement. Discrimination based on officer and bargaining unit status. The company claims to provide benefits, but most are only on paper. Very poor medical coverage.

Salary - Poor

+6 more

Trainee in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Dec 2024

5.0

for Salary and Benefits

Likes

Bharat forge company is very good. A lot of attention is paid to safety in India. Salary is received on time in Bharat Forge Company. Proper training for everything is given in Bharat Forge Company.

Salary - Excellent

+6 more

Dislikes

No dislike

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bharat Forge new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Bharat Forge?

new Product Development Engineer salary at Bharat Forge in India ranges between ₹3.9 Lakhs to ₹5.6 Lakhs for experience between 3 years to 8 years. According to our estimates it is 24% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bharat Forge India.

How does the salary of a new Product Development Engineer at Bharat Forge India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Bharat Forge is 24% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bharat Forge to a new Product Development Engineer in India?

Maruti Suzuki new Product Development Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Hero MotoCorp new Product Development Engineer Salary - ₹6.5 Lakhs to ₹11.8 Lakhs per year
Bajaj Auto new Product Development Engineer Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Apollo Tyres new Product Development Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Subros new Product Development Engineer Salary - ₹2.6 Lakhs to ₹9.2 Lakhs per year

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

Mahindra & Mahindra new Product Development Engineer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
Mando Automotive new Product Development Engineer Salary - ₹4.4 Lakhs to ₹5.1 Lakhs per year
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
CIE Automotive new Product Development Engineer Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Bharat Forge ranges between ₹37,037 per month to ₹38,246 per month in India. The take-home salary calculation is based on the average Bharat Forge new Product Development Engineer salary in India which ranges between ₹3.9 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Bharat Forge?

According to AmbitionBox, 43% of the Bharat Forge new Product Development Engineers reported a notice period of 1 Month, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Bharat Forge new Product Development Engineer Salaries

Bharat Forge new Product Development Engineer salary in India ranges between ₹3.9 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bharat Forge latest salaries received from various employees of Bharat Forge.