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.
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Annual salary range
3 - 8 years exp.
₹3.9
Lakhs - ₹5.6
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary24% 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 |
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 |
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 
8%
more | |
Login to view exact salary
| ||
 Ashok Leyland new Product Development Engineer Salary
1 - 4 years exp. (9 salaries) | ₹2 L/yr - ₹4.2 L/yr
33%
less | |
 TVS Motor new Product Development Engineer Salary
0 - 6 years exp. (14 salaries) | ₹1.8 L/yr - ₹3.5 L/yr
48%
less | |
 Hero MotoCorp new Product Development Engineer Salary
6 - 11 years exp. (6 salaries) | ₹6.5 L/yr - ₹11.8 L/yr
72%
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
37%
less | |
 Escorts Kubota Limited new Product Development Engineer Salary
0 - 4 years exp. (7 salaries) | ₹2 L/yr - ₹5.5 L/yr
38%
less | |
 L.G.Balakrishnan & Bros new Product Development Engineer Salary
0 - 8 years exp. (44 salaries) | ₹1.7 L/yr - ₹4.7 L/yr
34%
less | |
 JBM Group new Product Development Engineer Salary
1 - 8 years exp. (32 salaries) | ₹2.3 L/yr - ₹5.7 L/yr
22%
less | |
Login to view exact salary
| ||
 Belrise Industries new Product Development Engineer Salary
0 - 8 years exp. (23 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
5%
less | |
 UNO Minda new Product Development Engineer Salary
1 - 6 years exp. (17 salaries) | ₹2 L/yr - ₹6.6 L/yr
11%
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. (9 salaries) | ₹2 L/yr - ₹4.1 L/yr
28%
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
1 - 3 years exp. (6 salaries) | ₹2.7 L/yr - ₹3.6 L/yr
35%
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
3w ago
6
years
exp.
9mo ago
4
years
exp.
10mo ago
8
years
exp.
1y ago
6
years
exp.
1y ago
5
years
exp.
1y ago
7
years
exp.
1y ago
6
years
exp.
1y ago
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years
exp.
1y ago
5
years
exp.
Experience wise Bharat Forge new Product Development Engineer salaries
Last Updated: 25 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹3.9
L/yr
- ₹8.6
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
|
View all
Similar Designation salaries in Bharat Forge
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2w (edited)
a social media specialist
Salary Expectations
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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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 ₹37,110 per month to ₹38,318 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 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.