Horizon Industrial Products NPD Engineer Salaries by 5 Employees

3 - 7 years exp.

₹3.6 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% more than the average NPD Engineer Salary for 3 - 7 years of experience

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Salaries in different departments

Research & Development NPD Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.2 L/yr
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Human Resources NPD Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 11 Apr 2024

Companies similar to Horizon Industrial Products for NPD Engineer

Company name	Avg Annual Salary	Open Jobs
Microtek International NPD Engineer Salary 0 - 4 years exp. (5 salaries)	₹3.6 L/yr - ₹4.7 L/yr 1% less
Ag Industries NPD Engineer Salary 3 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 1% more
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Dhoot Transmission NPD Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.6 L/yr 24% less
Amphenol Interconnect NPD Engineer Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 15% less
Nash Industries NPD Engineer Salary 1 - 7 years exp. (52 salaries)	₹2.2 L/yr - ₹5.8 L/yr 10% more

NPD Engineer salary at Horizon Industrial Products ranges between ₹3.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Horizon Industrial Products.

Experience wise Horizon Industrial Products NPD Engineer salaries

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in Horizon Industrial Products

Senior Engineer Salary

(5 salaries)

₹3.45 L/yr - ₹7 L/yr

Design Engineer Salary

(10 salaries)

₹3 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Quality Engineer Salary

(15 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Engineer Salary

(6 salaries)

₹0.85 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(4 salaries)

₹7.2 L/yr - ₹9.6 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

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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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Horizon Industrial Products NPD Engineer Salary FAQs

What is the salary of NPD Engineer at Horizon Industrial Products ?

The average salary of a NPD Engineer at Horizon Industrial Products in India typically ranges from ₹3.6 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of NPD Engineer at Horizon Industrial Products earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. NPD Engineer Salaries at Horizon Industrial Products can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Horizon Industrial Products employees in India.

What is the estimated take home salary of a NPD Engineer at Horizon Industrial Products in India?

The estimated take-home salary of a NPD Engineer at Horizon Industrial Products in India typically ranges from ₹29,010 to ₹30,389 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Horizon Industrial Products. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Horizon Industrial Products for NPD Engineer in India?

Nash Industries	₹2.2 Lakhs to ₹5.8 Lakhs per year
Ag Industries	₹3.6 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Horizon Industrial Products, depending on the role and experience level.

What is the salary of a NPD Engineer in companies similar to Horizon Industrial Products in India?

The salary of a NPD Engineer at companies similar to Horizon Industrial Products in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Microtek International	₹3.6 Lakhs to ₹4.7 Lakhs per year
Amphenol Interconnect	₹2.5 Lakhs to ₹5.0 Lakhs per year
Dhoot Transmission	₹2.7 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a NPD Engineer at Horizon Industrial Products in India?

The salary growth for a NPD Engineer at Horizon Industrial Products depends on factors such as experience, performance, and promotions. On average, a NPD Engineer can expect the following growth trajectory at Horizon Industrial Products:

Experience	Average Salary Range
3 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Horizon Industrial Products NPD Engineer Salaries

Horizon Industrial Products NPD Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Horizon Industrial Products latest salaries received from various employees of Horizon Industrial Products.