Exon Auto Components new Product Development Engineer Salaries by 3 Employees

2 - 5 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% less than the average new Product Development Engineer Salary for 2 - 5 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Quality Assurance new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 28 Mar 2023

Companies similar to Exon Auto Components 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 79% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 115% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 308% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 42% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 17% more

new Product Development Engineer salary at Exon Auto Components ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Exon Auto Components.

Experience wise Exon Auto Components new Product Development Engineer salaries

Last Updated: 28 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Exon Auto Components

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(3 salaries)

₹3.9 L/yr - ₹7.2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Quality Engineer Salary

(5 salaries)

₹1.2 L/yr - ₹3 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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Exon Auto Components new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Exon Auto Components in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Exon Auto Components new Product Development Engineer Salaries

Exon Auto Components new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Exon Auto Components latest salaries received from various employees of Exon Auto Components.