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IFB Automotive Product Development Executive salaries in India

Annual salary range
3 - 6 years exp.
₹4.9 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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At par with the average Product Development Executive Salary in Auto Components Companies for 3 - 6 years of experience

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Last Updated: 7 Sep 2023

Companies similar to IFB Automotive for Product Development Executive

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹8.4 L/yr

arrow icon 9% less
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₹2.7 L/yr - ₹8.5 L/yr

arrow icon 6% more
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₹5 L/yr - ₹6.3 L/yr

arrow icon 6% more
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ITC Product Development Executive Salary

0 - 5 years exp. (45 salaries)

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₹5.7 L/yr - ₹12.5 L/yr

arrow icon 63% more
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₹1 L/yr - ₹3.5 L/yr

arrow icon 53% less
Product Development Executive salary at IFB Automotive ranges between ₹4.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IFB Automotive.

Latest annual salaries shared by IFB Automotive Product Development Executive

1y ago
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6 years exp.
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4 years exp.
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5 years exp.
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3 years exp.

Experience wise IFB Automotive Product Development Executive salaries

Last Updated: 7 Sep 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr

Similar Designation salaries in IFB Automotive

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₹2 L/yr - ₹2.5 L/yr
Production Officer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹1.8 L/yr - ₹4.5 L/yr
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₹1.15 L/yr - ₹3.3 L/yr
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₹7.2 L/yr - ₹21.5 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
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₹2.4 L/yr - ₹3.6 L/yr
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₹4.5 L/yr - ₹7 L/yr
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₹5.5 L/yr - ₹8.04 L/yr
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₹1.15 L/yr - ₹4.15 L/yr

Salary related reviews for IFB Automotive

Production, Manufacturing & Engineering Department

5.0
  •  posted on 25 Sep 2021

5.0
 for  Salary and Benefits

Likes

Environment and culture us very good. My teammates are fully supportive. Companey Policies are good and they give good salary and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There are lots of politics in our companey and work with this politics😒.Salary growth is slow.

read more

Full Time

 · 

Design Engineering Department

2.0
  •  posted on 19 Jun 2022

1.0
 for  Salary and Benefits

Likes

Good learning opportunities Hands on experience on products More responsibility for willing candidate

  • Skill development - Good
  • +1 more

Dislikes

Stupid HR policies Huge difference in CTC and in hand, company keeps 30% salary No work life balance

read more
  • Salary - Bad
  • +1 more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 08 Sep 2021

3.0
 for  Salary and Benefits

Likes

I like company and machines this industry is most useful And coming future is very useful i have more experienced in this company iam doing injection molding machine operator is best production line fantastic

read more
  • Skill development - Good
  • +3 more

Dislikes

Securities, facilities, benefits and salary Last one is not take the company employ

read more

Production, Manufacturing & Engineering Department

3.0
  •  posted on 02 Aug 2018

2.0
 for  Salary and Benefits

Likes

Job security is very high. Until we want to leave from IFB, they won't send out.

Dislikes

Compensation also less and growth also low.The work pressure is night.Sometimes I have work 12 - 13 hours a day, even though working more there is no hike in salary...

read more
  • Salary - Poor
  • +3 more

Full Time

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Research & Development Department

1.0
  •  posted on 12 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Work culture is horrible in this company. Management doesn't exist in IFB. People have been working here for the last 15-20 years, as a result they don't know how other companies work. Most of the managers do not have work ethics. Freshers/juniors get blamed if anything wrong is detected. This company has no money to rebuild its infrastructure. There is no ac in office, and surprisingly no fans either. There is only one printer available for the whole office( for 200 people). There is a huge shortage of chairs in office, engineers leave their chairs empty for the clients and go for a walk. IFB uses old LCD monitors to design its products ( Most of them gets hanged several times in a day), as a result negative productivity, data losses, customer complaints have become very common in this company, and nobody bothers with all these nowadays. There is no option to choose from a lunch menu, employees consume what the vendor serves on the plate. Employees get zero protein diets in lunch. IFB has never seen paneer, chicken, mutton in its lunch menu. Let's talk about HR department now. HRs don't know how to manage employees' accounts. They make new policies and rules in the middle of a fiscal year just to get rid of paying medical allowances, LTAs on time. Some of them are so rude that employees hesitate to confront them in office or even on call. IFB Automotive is a horrible company to work for. It's a living hell in a sweet city like Bangalore. Edit: Forgot to mention that Mr. Chaitanya, an unmarried frustrated guy at his 40s, is a true madafaka

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  • Salary - Bad
  • +6 more
see more salary related reviews

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IFB Automotive Product Development Executive Salary FAQs

What is the salary of Product Development Executive at IFB Automotive?
Product Development Executive salary at IFB Automotive in India ranges between ₹4.9 Lakhs to ₹5.5 Lakhs for experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IFB Automotive India.
Which similar companies are paying more than IFB Automotive to a Product Development Executive in India?
  • ITC Product Development Executive Salary - ₹5.7 Lakhs to ₹12.5 Lakhs per year
  • Varroc Group Product Development Executive Salary - ₹5.0 Lakhs to ₹6.3 Lakhs per year
  • Endurance Technologies Product Development Executive Salary - ₹2.7 Lakhs to ₹8.5 Lakhs per year
What is the salary of a Product Development Executive in companies similar to IFB Automotive in India?
  • ZF Commercial Vehicle Control Systems Product Development Executive Salary - ₹2.0 Lakhs to ₹8.4 Lakhs per year
  • Indiamart Intermesh Product Development Executive Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Product Development Executive at IFB Automotive in India?
The estimated take-home salary of a Product Development Executive at IFB Automotive ranges between ₹38,910 per month to ₹40,092 per month in India. The take-home salary calculation is based on the average IFB Automotive Product Development Executive salary in India which ranges between ₹4.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Product Development Executive at IFB Automotive?
According to AmbitionBox, 100% of the IFB Automotive Product Development Executives reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IFB Automotive Product Development Executive salary in India ranges between ₹4.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IFB Automotive latest salaries received from various employees of IFB Automotive.