Hi Tech Gears new Product Development Engineer Salaries by Employees (Updated 2024)

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₹5.9 Lakhs - ₹7.6 Lakhs

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Last Updated: 7 Sep 2024

Companies similar to Hi Tech Gears 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 32% less
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 54% less
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Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 11% more
Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6.6 L/yr 34% less
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 56% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 35% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 52% less
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 45% less
Imperial Auto Industries new Product Development Engineer Salary 1 - 12 years exp. (20 salaries)	₹1.8 L/yr - ₹4.4 L/yr 48% less
Pricol new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹7 L/yr 29% less
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 49% less
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Steel Strips Wheels new Product Development Engineer Salary 3 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4.6 L/yr 52% less
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 40% less
Lumax Industries new Product Development Engineer Salary 1 - 3 years exp. (6 salaries)	₹2.7 L/yr - ₹3.6 L/yr 53% less
Spark Minda new Product Development Engineer Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 55% less
ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 29% less
Asahi India Glass new Product Development Engineer Salary 1 - 2 years exp. (5 salaries)	₹1.7 L/yr - ₹3.5 L/yr 49% less
Subros new Product Development Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.6 L/yr - ₹9.2 L/yr 18% less
Fiem Industries new Product Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.6 L/yr 35% less
Magna International new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.2 L/yr 43% less

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new Product Development Engineer salary at Hi Tech Gears ranges between ₹5.9 Lakhs to ₹7.6 Lakhs per year for employees with 12 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Hi Tech Gears.

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Salary related reviews for Hi Tech Gears

Engineer in Bhiwadi

Full Time

Quality Assurance Department

3.0

• posted on 15 Mar 2024

2.0

for Salary and Benefits

Likes

On Time salary

Dislikes

1.Very high level politics 2. Forgot about promotion 3. Not fix time Appraisal 4. Maximum increment 6% 5. Not updating culture as per market 6.last thing don't take risk to join surely you stuck here with 50+ aged employees

Mechanical Maintenance Engineer in Bhiwadi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 15 Jun 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisals are fair and they give good salary hike and bonus every year

Dislikes

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

Assistant Officer in Bhiwadi

Finance & Accounting Department

5.0

• posted on 30 Apr 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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 a bond of 1 years before which you cannot resign. On the job training is not given to new joinees.

Jewel CAD Designer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Jul 2022

2.0

for Salary and Benefits

Likes

HiTech Gears focus on your professinal goals and align them with company. Mention anythig specific such as copany leaders, market position or values.

Dislikes

Lack of communication. Unifair pay. No job security.

CNC Machine Operator in Bhiwadi

Other Department

5.0

• posted on 30 Apr 2022

5.0

for Salary and Benefits

Likes

Team work

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 before which you cannot resine. On the Job training is not given to new 9joinees.

see more salary related reviews

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a technical project manager

Deadend

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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Hi Tech Gears new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Hi Tech Gears?

According to AmbitionBox, 100% of the Hi Tech Gears new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Hi Tech Gears new Product Development Engineer Salaries

Hi Tech Gears new Product Development Engineer salary in India ranges between ₹5.9 Lakhs to ₹7.6 Lakhs. This is an estimate based on latest salaries received from employees of Hi Tech Gears.