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

At par with 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: 14 Oct 2024

Companies similar to Happy Forging for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 27% more
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 38% more
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Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 130% more
Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 15% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 109% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 17% less
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr At par
Imperial Auto Industries new Product Development Engineer Salary 1 - 12 years exp. (20 salaries)	₹1.8 L/yr - ₹4.4 L/yr 9% less
Pricol new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹7 L/yr 25% 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
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CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 5% more
Lumax Industries new Product Development Engineer Salary 1 - 3 years exp. (6 salaries)	₹2.7 L/yr - ₹3.6 L/yr 18% less
Spark Minda new Product Development Engineer Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 21% less
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 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 35% less
Endurance Technologies new Product Development Engineer Salary 1 - 5 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

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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: 14 Oct 2024

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

Production Engineer Salary

(38 salaries)

₹2.4 L/yr - ₹5.25 L/yr

Assistant Engineer Salary

(12 salaries)

₹2.15 L/yr - ₹3.48 L/yr

Production Manager Salary

(5 salaries)

₹1.42 L/yr - ₹9.6 L/yr

Design Engineer Salary

(6 salaries)

₹2.2 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.45 L/yr

Senior Engineer Salary

(22 salaries)

₹3.1 L/yr - ₹6.24 L/yr

Production Supervisor Salary

(4 salaries)

₹2.5 L/yr - ₹4 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Quality Engineer Salary

(26 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(7 salaries)

₹2 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.

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.

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

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

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.

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

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 .

Dislikes

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Happy Forging new Product Development Engineer Salary FAQs

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

According to AmbitionBox, 67% of the Happy Forging new Product Development Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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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.