Elofic Industries Manager new Product Development Salaries by Employees (Updated 2025)

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₹11 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 22 Apr 2024

Companies similar to Elofic Industries for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Manager new Product Development Salary 13 - 20 years exp. (7 salaries)	₹15.5 L/yr - ₹35 L/yr 123% more
Tata Motors Manager new Product Development Salary 4 - 14 years exp. (5 salaries)	₹7.7 L/yr - ₹22 L/yr 13% more
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Maruti Suzuki Manager new Product Development Salary 9 - 11 years exp. (5 salaries)	₹24 L/yr - ₹34.4 L/yr 136% more	2 job openings
Hero MotoCorp Manager new Product Development Salary 10 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹22.8 L/yr 33% more
TVS Motor Manager new Product Development Salary 12 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹18.6 L/yr 43% more
Ashok Leyland Manager new Product Development Salary 2 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹18.5 L/yr 12% less
Roop Automotives Manager new Product Development Salary 18 - 23 years exp. (4 salaries)	₹18.8 L/yr - ₹29.3 L/yr 97% more
Ag Industries Manager new Product Development Salary 20 - 21 years exp. (4 salaries)	₹10 L/yr - ₹11 L/yr 16% less
Texspin Bearings Manager new Product Development Salary 28 - 31 years exp. (3 salaries)	₹9.3 L/yr - ₹15 L/yr 8% more

Manager new Product Development salary at Elofic Industries ranges between ₹11 Lakhs to ₹14 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Elofic Industries.

Similar Designation salaries in Elofic Industries

R&D Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Deputy Manager Research Development Salary

(4 salaries)

₹10.2 L/yr - ₹11.3 L/yr

Design & Development Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Assistant Manager Product Development Salary

(3 salaries)

₹4.6 L/yr - ₹5.2 L/yr

new Product Development Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Senior Design Engineer Salary

(3 salaries)

₹4.3 L/yr - ₹5 L/yr

Design and Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

new Product Development Sr. Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

CFD Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Elofic Industries

Maintenance Fitter in Mathura Road Faridabad

Other Department

2.0

• posted on 19 Jul 2022

2.0

for Salary and Benefits

Likes

...ny. Pollution rate so many high in working place ( specialy in department 1#2) .domineering management, HR team are not well educated that's shows on there behaviour, bad salary growth etc .

Dislikes

...epartment 1-2) 2. Domineering management 3. Uneducated behaviour of HR Team 4 . Future unsecure bcoz of very low salary growth 5. No post growth in last 7 years

Salary - Poor

+6 more

Area Sales Manager in Faridabad

Sales & Marketing Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Skill development Auto components Business Trends Product quality is Very good.

Skill development - Good

Dislikes

No support from Management No carrier growth Salary not expected No proper Traing session Is available for New Joinners.

Salary - Poor

+4 more

Quality Assurance Engineer in Faridabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 Apr 2024

4.0

for Salary and Benefits

Likes

Every activity happen in the plant is very smooth and easily operation were held no work pressure salary is on time. Everything is balanced in life while working with Elofic

Salary - Good

+4 more

Dislikes

No training provided to staff which is very dangerous for company as well as employe for their growth also there is great need to support such employe who is very hungry to learn and very energetic if support that is financial as well as learning is provided to them than that will be very growth full for individual that is for employe as well as employer.

Skill development - Poor

Assistant Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 12 May 2024

3.0

for Salary and Benefits

Likes

Good scope for lubricator. And hard worker are not consider as good

Skill development - Good

+1 more

Dislikes

If your relation with the owner of company is good, and you are doing any work on owner's house ( known as Kothi) such as electrician, plumber, fabricator or CCTV. So you are the most power full person in the company. Your level will be equal to AM/DM level.

Company culture - Poor

Assistant Manager - Legal in Faridabad

Full Time

Legal & Regulatory Department

5.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

It's all good if u want to learn and increase ur skills then u can definately. Everyone is supportive. Specially MD, JMD and ED Sir is very down to earth personality. Moreover All VPs are also very cooperative.

Salary - Good

+6 more

Dislikes

Nothing to dislike all good.

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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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Elofic Industries Manager new Product Development Salary FAQs

What is the notice period for Manager new Product Development at Elofic Industries?

According to AmbitionBox, 100% of the Elofic Industries Manager new Product Developments reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Elofic Industries Manager new Product Development Salaries

Elofic Industries Manager new Product Development salary in India ranges between ₹11 Lakhs to ₹14 Lakhs. This is an estimate based on latest salaries received from employees of Elofic Industries.