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Hema Engineering Industries new Product Development Engineer salaries in India

Annual salary range
2 - 5 years exp.
₹2.3 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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23% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
2 - 4 years exp. (3 salaries)
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₹2.3 L/yr - ₹3.6 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Hema Engineering Industries for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹3.9 L/yr - ₹5.6 L/yr

arrow icon 51% more
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₹2 L/yr - ₹7.4 L/yr

arrow icon 65% more
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₹2.7 L/yr - ₹5.2 L/yr

At par
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₹2 L/yr - ₹4.2 L/yr

arrow icon 9% more
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₹6.3 L/yr - ₹10.6 L/yr

arrow icon 185% more
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₹7.4 L/yr - ₹9.4 L/yr

arrow icon 185% more
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₹1.7 L/yr - ₹6.7 L/yr

arrow icon 33% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 26% more
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₹4.8 L/yr - ₹10 L/yr

arrow icon 158% more
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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 44% more
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₹2.5 L/yr - ₹2.6 L/yr

arrow icon 17% less
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₹3.9 L/yr - ₹6.8 L/yr

arrow icon 39% more
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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 32% more
new Product Development Engineer salary at Hema Engineering Industries ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Hema Engineering Industries.

Latest annual salaries shared by Hema Engineering Industries new Product Development Engineer

1y ago
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4 years exp.
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3 years exp.
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2 years exp.
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5 years exp.

Experience wise Hema Engineering Industries new Product Development Engineer salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.1 L/yr

Similar Designation salaries in Hema Engineering Industries

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Development Engineer Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹2.1 L/yr - ₹5 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹9.6 L/yr - ₹13 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
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₹1.8 L/yr - ₹4 L/yr
Senior Engineer Salary
(89 salaries)
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₹2.4 L/yr - ₹6.5 L/yr
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₹1.45 L/yr - ₹5.6 L/yr

Salary related reviews for Hema Engineering Industries

Production, Manufacturing & Engineering Department

5.0
  •  posted on 17 May 2021

5.0
 for  Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chilling. Company policies are you. appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is bond of 2 year s before which you cannot resign. On the job training is not given to new joiners

read more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 01 Apr 2020

4.0
 for  Salary and Benefits

Likes

Working with hema really gave me a confidence.Here I learned a lot and developed my skills.Team work is good at hema.All that I was satisfied with hema.

read more

Dislikes

There is no any dislikes at Hema.Only some salary problem it doesn't come at time to time.

read more

Robotic weld shop Department

3.0
  •  posted on 01 Dec 2019

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Four types mig welding robots in this company.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.sometimes, I have to work 12- 16 hours straight in a day.

read more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 Feb 2021

3.0
 for  Salary and Benefits

Likes

Here work environment nice,very useful to improve my knowledge and learning many more in our department wise.policies very bad

read more

Dislikes

Here working hour too much,no increment last four years and salary issue...no canteen facility..

read more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 28 Feb 2019

5.0
 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.

read more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times

read more
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Hema Engineering Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Hema Engineering Industries?
new Product Development Engineer salary at Hema Engineering Industries in India ranges between ₹2.3 Lakhs to ₹4.1 Lakhs for experience between 2 years to 5 years. According to our estimates it is 23% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Hema Engineering Industries India.
How does the salary of a new Product Development Engineer at Hema Engineering Industries India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Hema Engineering Industries is 23% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Hema Engineering Industries to a new Product Development Engineer in India?
  • Cummins new Product Development Engineer Salary - ₹7.4 Lakhs to ₹9.4 Lakhs per year
  • Thermax Limited new Product Development Engineer Salary - ₹6.3 Lakhs to ₹10.6 Lakhs per year
  • International Automotive Components new Product Development Engineer Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year
  • Mahindra & Mahindra new Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.4 Lakhs per year
  • Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to Hema Engineering Industries in India?
  • Surin Automotive new Product Development Engineer Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
  • Gestamp new Product Development Engineer Salary - ₹3.9 Lakhs to ₹6.8 Lakhs per year
  • Hical Technologies new Product Development Engineer Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
  • India Japan Lighting new Product Development Engineer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • S. M. Auto Engineering new Product Development Engineer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Hema Engineering Industries in India?
The estimated take-home salary of a new Product Development Engineer at Hema Engineering Industries ranges between ₹21,901 per month to ₹23,386 per month in India. The take-home salary calculation is based on the average Hema Engineering Industries new Product Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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Hema Engineering Industries new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Hema Engineering Industries latest salaries received from various employees of Hema Engineering Industries.