Fitwel Tools And Forgings new Product Development Engineer Salaries by 2 Employees (Updated 2024)

2 - 5 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Product Management new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Research & Development new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Fitwel Tools And Forgings for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 53% more
Munjal Auto Industries new Product Development Engineer Salary 1 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹8 L/yr 42% more
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Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 1% more
Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6.6 L/yr 50% more	1 job opening
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 15% more
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 24% more
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 47% more
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 50% more

new Product Development Engineer salary at Fitwel Tools And Forgings ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Fitwel Tools And Forgings.

Similar Designation salaries in Fitwel Tools And Forgings

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Mechanical Engineer Salary

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₹3.5 L/yr - ₹4.5 L/yr

Senior Engineer Salary

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₹4.5 L/yr - ₹5.6 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Junior Engineer Salary

(5 salaries)

₹2 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Salary related reviews for Fitwel Tools And Forgings

Junior Design Engineer in Bangalore / Bengaluru

Full Time

Design and development Department

5.0

• posted on 27 Feb 2019

4.0

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. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly.

Dislikes

Low salary

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Fitwel Tools And Forgings new Product Development Engineer Salaries

Fitwel Tools And Forgings new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Fitwel Tools And Forgings.

Fitwel Tools And Forgings new Product Development Engineer salaries in India

Companies similar to Fitwel Tools And Forgings for new Product Development Engineer

Similar Designation salaries in Fitwel Tools And Forgings

Salary related reviews for Fitwel Tools And Forgings

Junior Design Engineer in Bangalore / Bengaluru

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