Hyundai Construction Equipment new Product Development Engineer Salaries by 2 Employees (Updated 2025)

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₹3.1 Lakhs - ₹4 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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Research & Development new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 30 Mar 2025

Companies similar to Hyundai Construction Equipment for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Ultra Corpotech new Product Development Engineer Salary 6 - 9 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 43% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 13% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 6% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 5% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 30% less

new Product Development Engineer salary at Hyundai Construction Equipment ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Hyundai Construction Equipment.

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Salary related reviews for Hyundai Construction Equipment

Junior Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 26 Mar 2025

3.0

for Salary and Benefits

Likes

Good working environment. Continues growth in business. With new innovations. The work we do, is planned and organized. So satisfactory work is here. So many other activities are here. So communication and interaction with multiple departments

Job security - Excellent

+3 more

Dislikes

Salary growth and Promotions are quite slow

Assistant Manager in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 19 Feb 2022

3.0

for Salary and Benefits

Likes

Company is good not a issue about company and its work life.issue with there HR system. No training and skill development No carriers groroth there no promotion after you're due period also salary they are showing much more during offer but slab of plb and pli impact your take home salary

Job security - Excellent

+2 more

Dislikes

Salary structure

Skill development - Poor

+2 more

Assistant Manager in Pune

Procurement & Supply Chain Department

5.0

• posted on 17 Jul 2022

3.0

for Salary and Benefits

Likes

On time Salary Fixed Working Hours Saturday Sunday weekly off

Skill development - Excellent

+4 more

Dislikes

With the women in the workforce, it is essential to have basic amenities like separate restrooms for women and well equipped medical facilities that suit Women’s need. Safety of women employees should be a high priority. And Not only this but each company should think about Menstrual leave atleast for 1 day as a sick paid leave. It allows workers who experienced painful menstrual or menopause symptoms options for remote work and a set number of paid leaves every year or if it’s not possible then atleast work from home for 1 or 2 days.

Customer Support Engineer/Technician in Siliguri

Production, Manufacturing & Engineering Department

5.0

• posted on 14 Dec 2018

4.0

for Salary and Benefits

Likes

...on Hyundai dealer JRSS Pvt.LTD. But, very first career growth and good learning. Low salary structure. No Management.

Salary - Good

+2 more

Dislikes

Hyundai construction is very first growing company. But, not stay on company any well educated and good experience person.

Job security - Bad

+1 more

Quality Test Engineer in Pune

Quality Testing Department

4.0

• posted on 06 Aug 2021

5.0

for Salary and Benefits

Likes

I would like pay that Hyundai given me good opportunity to work with their pune chakan plant, I learn there new think in that a good team work, I solve many testing problem with guidance of my HOD

Salary - Excellent

+5 more

Dislikes

I faced many labour issues.

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Hyundai Construction Equipment new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Hyundai Construction Equipment in India?

The salary growth for a new Product Development Engineer at Hyundai Construction Equipment depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Hyundai Construction Equipment:

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Hyundai Construction Equipment new Product Development Engineer Salaries

Hyundai Construction Equipment new Product Development Engineer salary in India ranges between ₹3.1 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of Hyundai Construction Equipment.