Dwij Industries new Product Development Engineer Salaries by 2 Employees

4 - 9 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Research & Development new Product Development Engineer Salary 9 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 5 Oct 2024

Companies similar to Dwij Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 37% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 64% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 212% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 9% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 10% less

new Product Development Engineer salary at Dwij Industries ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Dwij Industries.

Similar Designation salaries in Dwij Industries

Production Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

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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?

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Dwij Industries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Dwij Industries in India?

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

Experience	Average Salary Range
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
9 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Dwij Industries new Product Development Engineer Salaries

Dwij Industries new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs. This is an estimate based on latest salaries received from employees of Dwij Industries.