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Hi-Tech Metal Formings

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3.3

based on 31 Reviews

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Hi-Tech Metal Formings new Product Development Engineer salaries in India

Annual salary range
4 - 5 years exp.
₹3.6 Lakhs - ₹4.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 16 Mar 2023

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new Product Development Engineer salary at Hi-Tech Metal Formings ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Hi-Tech Metal Formings.

Similar Designation salaries in Hi-Tech Metal Formings

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Production Engineer Salary
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₹2.4 L/yr - ₹6.25 L/yr
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₹3.6 L/yr - ₹11.94 L/yr
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₹3.1 L/yr - ₹3.9 L/yr
Production Manager Salary
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₹3.2 L/yr - ₹10.2 L/yr
Design Engineer Salary
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₹3.6 L/yr - ₹4.8 L/yr
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₹2 L/yr - ₹4 L/yr
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₹4.2 L/yr - ₹5.3 L/yr
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(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Quality Engineer Salary
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₹2.4 L/yr - ₹6 L/yr

Salary related reviews for Hi-Tech Metal Formings

Quality Officer in Bardari Gram Indore

Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 22 Jun 2022
4.0
 for  Salary and Benefits

Likes

Staff behaviour & company work environment & culture, atmosphere, management transparent working knowledge, good pay, job training

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  • Salary - Good
    • +1 more

Dislikes

There is lot of politics, HR behaviour, team work, salary decent, growth

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  • Job security - Poor
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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Hi-Tech Metal Formings new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Hi-Tech Metal Formings in India?
The salary growth for a new Product Development Engineer at Hi-Tech Metal Formings depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Hi-Tech Metal Formings:

Experience Average Salary Range
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Hi-Tech Metal Formings new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs. This is an estimate based on latest salaries received from employees of Hi-Tech Metal Formings.