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

3 - 8 years exp.

₹3.9 Lakhs - ₹5.6 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

21% more than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 8 years of experience

Interested in this particular role?

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
Login to view exact salary
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
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 33% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 24% less
Login to view exact salary
Belrise Industries new Product Development Engineer Salary 1 - 8 years exp. (21 salaries)	₹2.2 L/yr - ₹5.4 L/yr 25% less
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 1 - 9 years exp. (21 salaries)	₹2.9 L/yr - ₹8 L/yr At par
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2.2 L/yr - ₹6.6 L/yr 14% less
Pricol new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹7 L/yr 2% less
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 33% more
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹6.8 L/yr 20% less
Delphi TVS new Product Development Engineer Salary 1 - 5 years exp. (8 salaries)	₹2 L/yr - ₹4.1 L/yr 32% less
Mando Automotive new Product Development Engineer Salary 2 - 9 years exp. (7 salaries)	₹4.4 L/yr - ₹5.1 L/yr At par
Root Industries new Product Development Engineer Salary 4 - 9 years exp. (7 salaries)	₹5 L/yr - ₹6.5 L/yr 17% more
Login to view exact salary
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
Spark Minda new Product Development Engineer Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 38% less
India Nippon Electricals new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹6.6 L/yr 14% less
Subros new Product Development Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.6 L/yr - ₹9.2 L/yr 13% more
Jamna Auto Industries new Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 35% less
Endurance Technologies new Product Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 39% less
Gabriel India new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 18% less
Tata AutoComp Systems new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹6.2 L/yr 24% 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.

Latest annual salaries shared by Bharat Forge new Product Development Engineer

3d ago

₹5.3 Lakhs

6 years exp.

9mo ago

₹4.8 Lakhs

4 years exp.

10mo ago

₹5.6 Lakhs

8 years exp.

1y ago

₹4 Lakhs

6 years exp.

1y ago

₹5.2 Lakhs

5 years exp.

1y ago

7 years exp.

1y ago

6 years exp.

1y ago

3 years exp.

1y ago

5 years exp.

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
Login to view exact salary
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

(142 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

(74 salaries)

₹1.5 L/yr - ₹8.1 L/yr

Mechanical Engineer Salary

(64 salaries)

₹1.5 L/yr - ₹7.03 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

Quality Engineer in Pune

Full Time

Quality Assurance Department

3.0

• posted on 09 Feb 2025

3.0

for Salary and Benefits

Likes

Salary on time, good canteen, health insurance and safety.

Skill development - Good

Dislikes

To much politics and favourasim at all level. Donkeys are everywhere, skilled persons left after 1-2 years. No growth opportunity for Juniors. Workers enjoy all benefits, officers are only for work.

Promotions - Poor

+3 more

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 in Pune

Full Time

Research & Development Department

1.0

• posted on 08 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...eiving on time... Delayed by 7 to 12 days every month with unexpected deduction. Lots of salary deduction. LTA not paid in every month. Here is hike like 1.5% to 2% annual. Lots of politics in company. No learnings. Work-life balance is zero. Leaves policy is so bad. Not only leaves policy but all policy are not in employees favour. Think 100 times before joining this company.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Bharat Forge?

Ask anonymously on communities.

Bharat Forge new Product Development Engineer Salary FAQs

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

The average salary of a new Product Development Engineer at Bharat Forge in India typically ranges from ₹3.9 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of new Product Development Engineer at Bharat Forge earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. new Product Development Engineer Salaries at Bharat 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 10 Bharat Forge employees in India.

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 in India typically ranges from ₹37,037 to ₹38,246 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 3 years to 8 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 10 salaries received from various employees of Bharat Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bharat Forge for new Product Development Engineer in India?

Apollo Tyres	₹5.5 Lakhs to ₹9.0 Lakhs per year
Root Industries	₹5.0 Lakhs to ₹6.5 Lakhs per year
Subros	₹2.6 Lakhs to ₹9.2 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.9 Lakhs to ₹8.0 Lakhs per year
Mando Automotive	₹4.4 Lakhs to ₹5.1 Lakhs per year

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

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

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

Pricol	₹1.6 Lakhs to ₹7.0 Lakhs per year
UNO Minda	₹2.2 Lakhs to ₹6.6 Lakhs per year
India Nippon Electricals	₹1.8 Lakhs to ₹6.6 Lakhs per year
CIE Automotive	₹3.3 Lakhs to ₹6.5 Lakhs per year
Gabriel India	₹3.6 Lakhs to ₹5.0 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 Bharat Forge in India?

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

Experience	Average Salary Range
3 years	₹3.9 Lakhs to ₹8.5 Lakhs per year
4 years	₹4.8 Lakhs to ₹8.7 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.2 Lakhs per year
6 years	₹3.9 Lakhs to ₹5.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bharat Forge Salaries >
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.