Ibex Products new Product Development Engineer Salaries by 4 Employees (Updated 2025)

3 - 7 years exp.

₹2.3 Lakhs - ₹2.9 Lakhs

Salary of majority employees

37% less than the average new Product Development Engineer Salary for 3 - 7 years of experience

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Last Updated: 6 Sep 2023

Companies similar to Ibex Products for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Amphenol Interconnect new Product Development Engineer Salary 1 - 8 years exp. (6 salaries)	₹3 L/yr - ₹8.4 L/yr 94% more
ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 92% more
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Dhoot Transmission new Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.4 L/yr - ₹2.6 L/yr 13% less
ANY Graphics new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 54% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 58% more

new Product Development Engineer salary at Ibex Products ranges between ₹2.3 Lakhs to ₹2.9 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Ibex Products.

Experience wise Ibex Products new Product Development Engineer salaries

Last Updated: 6 Sep 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr

Similar Designation salaries in Ibex Products

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(4 salaries)

₹3.1 L/yr - ₹4.2 L/yr

Production Supervisor Salary

(3 salaries)

₹2 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Ibex Products new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Ibex Products?

new Product Development Engineer salary at Ibex Products in India ranges between ₹2.3 Lakhs to ₹2.9 Lakhs for experience between 3 years to 7 years. According to our estimates it is 37% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ibex Products India.

How does the salary of a new Product Development Engineer at Ibex Products India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Ibex Products is 37% 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 Ibex Products to a new Product Development Engineer in India?

Amphenol Interconnect new Product Development Engineer Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
ZF Steering Gear new Product Development Engineer Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
ANY Graphics new Product Development Engineer Salary - ₹3.4 Lakhs to ₹4.2 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Ibex Products in India?

Dhoot Transmission new Product Development Engineer Salary - ₹1.4 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Ibex Products in India?

The estimated take-home salary of a new Product Development Engineer at Ibex Products ranges between ₹17,482 per month to ₹19,182 per month in India. The take-home salary calculation is based on the average Ibex Products new Product Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹2.9 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Ibex Products?

According to AmbitionBox, 100% of the Ibex Products new Product Development Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Ibex Products new Product Development Engineer Salaries

Ibex Products new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ibex Products latest salaries received from various employees of Ibex Products.