Gestamp new Product Development Engineer Salaries by 3 Employees (Updated 2024)

4 - 5 years exp.

₹3.9 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

8% more than the average new Product Development Engineer Salary in Auto Components Companies for 4 - 5 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.8 L/yr
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Research & Development new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 10 Oct 2024

Companies similar to Gestamp 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 8% more
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 19% less
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Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 27% less
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 29% less
Suprajit Engineering new Product Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 7% more
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 4% more
International Automotive Components new Product Development Engineer Salary 4 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹10 L/yr 85% more
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.7 L/yr 27% less
Bridgestone new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹6.5 L/yr 2% more
FCC Clutch new Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr 10% more
Magna International new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.2 L/yr 8% less
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DENSO new Product Development Engineer Salary 2 - 9 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 54% more
Valeo new Product Development Engineer Salary 3 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹10.5 L/yr 63% more
Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 11% less
JTEKT new Product Development Engineer Salary 0 - 9 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 35% more
Michelin new Product Development Engineer Salary 7 - 11 years exp. (3 salaries)	₹11.6 L/yr - ₹16.4 L/yr 220% more

new Product Development Engineer salary at Gestamp ranges between ₹3.9 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Gestamp.

Experience wise Gestamp new Product Development Engineer salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.8 L/yr

Similar Designation salaries in Gestamp

Product Development Engineer Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

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₹1.5 L/yr - ₹5 L/yr

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₹1.92 L/yr - ₹5 L/yr

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₹2.3 L/yr - ₹2.9 L/yr

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₹2 L/yr - ₹6.2 L/yr

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Salary related reviews for Gestamp

Junior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 06 Dec 2018

4.0

for Salary and Benefits

Likes

...& performance. Career growth - Knowledge develop & it useful for personal life Salary - Really happy,,, Travel - Really good,, Politics - More Learning - Depending upon their interested Work environment - March to sept more heat,, possible skin disease , No medical check up for staff & employees. Innovation _ Moving fast

Dislikes

No proper 5s,

Junior Engineer in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Sep 2018

3.0

for Salary and Benefits

Likes

The company give me a great opportunity and l AM learning more about how to work and give a customer quality products and correct timing ..my teammates are really helpfull and all are working perfectly and give to respect what iam saying .The work environment is good and travel,food all to arrange company so is more comfortable...

Dislikes

Salary and appraisal is poor to fresher,and contract people are treated is not satisfied for me ..

Junior Engineer in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Jan 2019

4.0

for Salary and Benefits

Likes

Gestamp company is one of the best base of all employees and trainee. Gestamp had maintain gurukulam training for all employee and trainees.gestamp strictly followed safety rules

Dislikes

Employees salary growth is very poor

Senior Engineer- Maintenance in Pune

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 15 Aug 2024

2.0

for Salary and Benefits

Likes

...king about what are likes about this company, so I found two, 1) water facility. 2) salary credited date 31St. Otherwise no any additional facilities.

Dislikes

Talegaon plant's top management ran off, also more projects are taking without any completion full proof, no satisfaction no any work life balance, whole machinery was taken from scratch and assembled and started producing, lot of issues.

Neem Trainee in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 12 Jan 2022

1.0

for Salary and Benefits

Likes

Good people's, decent salary

Dislikes

There is a lot of issues, salary is decent but career growth is very slow. There is a bond of 2 yrs, on the neem training completed certificate is not giving properly for trainees

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a technical project manager

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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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Gestamp new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Gestamp?

According to AmbitionBox, 50% of the Gestamp new Product Development Engineers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Gestamp new Product Development Engineer Salaries

Gestamp new Product Development Engineer salary in India ranges between ₹3.9 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Gestamp latest salaries received from various employees of Gestamp.