Happy Forging new Product Development Engineer Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹3.2 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

5% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Quality Assurance new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.7 L/yr

Last Updated: 19 Jan 2025

Companies similar to Happy Forging for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 18% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 4% less
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Imperial Auto Industries new Product Development Engineer Salary 1 - 12 years exp. (20 salaries)	₹1.8 L/yr - ₹4.4 L/yr 12% less
Sharda Motor Industries new Product Development Engineer Salary 0 - 5 years exp. (13 salaries)	₹2.1 L/yr - ₹5.2 L/yr 17% less
Pricol new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹7 L/yr 25% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 27% more
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 11% less
Steel Strips Wheels new Product Development Engineer Salary 3 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4.6 L/yr 16% less
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 5% more
Sandhar Technologies new Product Development Engineer Salary 0 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹4.8 L/yr 14% less
Lumax Industries new Product Development Engineer Salary 0 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹4.5 L/yr 25% less
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Spark Minda new Product Development Engineer Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 21% less
Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 95% more
Asahi India Glass new Product Development Engineer Salary 1 - 2 years exp. (5 salaries)	₹1.7 L/yr - ₹3.5 L/yr 11% less
Subros new Product Development Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.6 L/yr - ₹9.2 L/yr 44% more
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 3% less
SKF new Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 35% less
DENSO new Product Development Engineer Salary 2 - 9 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 68% more
Endurance Technologies new Product Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 22% less
Gabriel India new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 5% more

View all

new Product Development Engineer salary at Happy Forging ranges between ₹3.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Happy Forging.

Experience wise Happy Forging new Product Development Engineer salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Happy Forging

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₹2.25 L/yr - ₹4.2 L/yr

Production Manager Salary

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₹1.42 L/yr - ₹9.6 L/yr

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₹3.6 L/yr - ₹5 L/yr

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₹2 L/yr - ₹3.45 L/yr

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₹3.1 L/yr - ₹6.24 L/yr

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₹2.5 L/yr - ₹4 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

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Junior Engineer Salary

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₹2.25 L/yr - ₹4 L/yr

Salary related reviews for Happy Forging

Assistant Engineer in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 23 Oct 2023

1.0

for Salary and Benefits

Likes

Here things to learn is much more. You can see every type of machines and manufacturers of machines.

Skill development - Good

+1 more

Dislikes

The salary package for freshers is very poor and they give random salary not using a particular pay scale. The plant maintaining is also poor and the management doesn't provide good saying facilities.Here you have to make efforts to learn things related to your field. No one is going to tell anything more than their requirements.

Salary - Bad

+3 more

Senior Engineer in Ludhiana

Full Time

Quality Assurance Department

3.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Company Culture and Job Security only

Job security - Good

Dislikes

Pramotion and appraisal, No Skill development, No Salary hike as per Skill and Knowledge, everyone appraised by 8~10% even you are Hard working more at the end of the year you and your Junior who is doing nothing will get the same appraisal, No work life balance, No Holiday, Noone support you to develop your skill because everyone have job fear here, High temperature working environment,No canteen facilities, No leave or earned leave policy, Everyone just thing about itself only

Salary - Bad

+4 more

HMC And VMC Operator in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Jul 2024

4.0

for Salary and Benefits

Likes

Happy forging, we like to work in cold weather and we get salary and advance time. The medical facility here is also amazing. Medical check and camp is also organized from time to time and material quality check is excellent.

Salary - Good

+6 more

Dislikes

Bathroom

Senior Production Engineer in Happy Forgings Limited, Jugiana, Kanganwal Road Ludhiana Punjab 1411010

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Feb 2023

4.0

for Salary and Benefits

Likes

Good salary package with O.T system. Good culture of company activities. Corporative staff

Salary - Good

+5 more

Dislikes

Promotion period not confirmed Salary growth is at low level Not holidays are there in even festivals also

Senior Manager in Ludhiana

Full Time

Other Department

4.0

• posted on 30 Nov 2023

3.0

for Salary and Benefits

Likes

Come company for work , do your work and go to home . Here have no any leg pulling .

Work-life balance - Good

Dislikes

Here have no proper canteen , leave policy is not good .here have no appropriate criteria for Appraisal/ promotion .

Skill development - Poor

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Happy Forging new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Happy Forging in India?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Happy Forging new Product Development Engineer Salaries

Happy Forging new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Happy Forging latest salaries received from various employees of Happy Forging.