G.I. AUTO new Product Development Engineer Salaries by 7 Employees

3 - 8 years exp.

₹3 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average new Product Development Engineer Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 8 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Jan 2024

Companies similar to G.I. AUTO for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 2% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 16% less
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JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 5% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 37% less
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 21% more

new Product Development Engineer salary at G.I. AUTO ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of G.I. AUTO.

Experience wise G.I. AUTO new Product Development Engineer salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in G.I. AUTO

Development Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Production Engineer Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹3.9 L/yr

Production Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹5 L/yr

NPD Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Quality Engineer Salary

(37 salaries)

₹1.96 L/yr - ₹3.95 L/yr

Salary related reviews for G.I. AUTO

2.0

Rated by 1 employees for salary & benefits

Production Supervisor

Production, Manufacturing & Engineering Department

1.0

• posted on 29 Nov 2019

1.0

for Salary and Benefits

Likes

Poor Work Environment less growth for fresher no hands of helping in work. No growth forward less skilled employees

Dislikes

No Work safety no empowerment less salary more work pressure. Improper work environment.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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G.I. AUTO new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at G.I. AUTO ?

The average salary of a new Product Development Engineer at G.I. AUTO in India typically ranges from ₹3.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of new Product Development Engineer at G.I. AUTO earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. new Product Development Engineer Salaries at G.I. AUTO can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 G.I. AUTO employees in India.

What is the estimated take home salary of a new Product Development Engineer at G.I. AUTO in India?

The estimated take-home salary of a new Product Development Engineer at G.I. AUTO in India typically ranges from ₹29,055 to ₹30,433 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of G.I. AUTO. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than G.I. AUTO for new Product Development Engineer in India?

Nash Industries	₹1.8 Lakhs to ₹6.0 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by G.I. AUTO, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to G.I. AUTO in India?

The salary of a new Product Development Engineer at companies similar to G.I. AUTO in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a new Product Development Engineer at G.I. AUTO in India?

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

Experience	Average Salary Range
3 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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G.I. AUTO new Product Development Engineer Salaries

G.I. AUTO new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 G.I. AUTO latest salaries received from various employees of G.I. AUTO.