IM Gears new Product Development Engineer Salaries by 7 Employees (Updated 2025)

4 - 9 years exp.

₹3.6 Lakhs - ₹4.5 Lakhs

Salary of majority employees

At par with the average new Product Development Engineer Salary in Auto Components Companies for 4 - 9 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 4 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹4.4 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 5 Mar 2024

Companies similar to IM Gears for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 22% more
Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 88% more
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Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6.6 L/yr 11% more
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 19% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 10% more
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 25% less
EXEDY new Product Development Engineer Salary 2 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹5.6 L/yr 26% more
Rane Brake Lining new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 31% less
Texspin Bearings new Product Development Engineer Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr 3% less
SMR Automotive Systems India new Product Development Engineer Salary 4 - 5 years exp. (5 salaries)	₹3.2 L/yr - ₹4.8 L/yr 5% less
ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 19% more
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Alf Engineering new Product Development Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 39% less
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 5% more
Jayashree Polymers new Product Development Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 12% less
Global Autotech new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 21% less
Mitsuba Sical new Product Development Engineer Salary 5 - 11 years exp. (3 salaries)	₹5.7 L/yr - ₹12 L/yr 137% more
SEG Automotive new Product Development Engineer Salary 8 - 10 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 18% less

new Product Development Engineer salary at IM Gears ranges between ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of IM Gears.

Experience wise IM Gears new Product Development Engineer salaries

Last Updated: 5 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
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6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in IM Gears

Product Development Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Production Engineer Salary

(19 salaries)

₹1.2 L/yr - ₹4.6 L/yr

Project Engineer Salary

(6 salaries)

₹1.7 L/yr - ₹2.4 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Assistant Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Production Manager Salary

(5 salaries)

₹9.64 L/yr - ₹16.25 L/yr

Design Engineer Salary

(8 salaries)

₹1.4 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(13 salaries)

₹2.05 L/yr - ₹5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹22.3 L/yr - ₹28.5 L/yr

Senior Engineer Salary

(22 salaries)

₹3.95 L/yr - ₹8.5 L/yr

Salary related reviews for IM Gears

2.9

Rated by 2 employees for salary & benefits

Quality Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 11 May 2022

3.0

for Salary and Benefits

Likes

Can grow up with some good knowledge regards Process and Documentation

Skill development - Good

Dislikes

...gement only consider about production but Quality related issues not addressing. Salary is less and growth is too slow.On the job training is not given to new joinees

Quality Controller in Chennai

Full Time

Research & Development Department

5.0

• posted on 01 Jan 2020

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology like new electronic engine mechanism. I love the fact i am a part of a team that markets reliable, high quality products and has a global client base. For freshers this company give confident to technical knowledge.

Skill development - Excellent

+2 more

Dislikes

Compensation is decent, but growth is slow, The work pressure is very high.

Work satisfaction - Poor

Program Engineer in Chennai

Full Time

Project & Program Management Department

2.0

• posted on 06 Nov 2024

2.0

for Salary and Benefits

Likes

Lots to learn through Interesting New projects and subject matter experts.

Dislikes

The organization management is really bad. You need to be extremely flexible and be ready to take all kinds of abuse to survive here.

Salary - Poor

+6 more

Engineer- Customer Support in Chennai

Full Time

Sales & Business Development Department

4.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

Great Growing company and good working atmosphere. Learn new skills and easily access to the top management and share your thoughts. Free food with good quality.

Salary - Good

+4 more

Dislikes

Job security is less and work lifebalance. Other than that Great company to learn and apply new skills that we have.

Assistant Manager in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 02 Sep 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

*Family run business with so much internal conflicts *zero work life balance. They make you work till late nights *no respect from seniors *puppet hr *people get fired for small reasons and they hold salaries and settlement

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IM Gears new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at IM Gears?

new Product Development Engineer salary at IM Gears in India ranges between ₹3.6 Lakhs to ₹4.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 1% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IM Gears India.

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

The average salary of a new Product Development Engineer at IM Gears is 1% more 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 IM Gears to a new Product Development Engineer in India?

Mitsuba Sical new Product Development Engineer Salary - ₹5.7 Lakhs to ₹12.0 Lakhs per year
Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year
EXEDY new Product Development Engineer Salary - ₹3.8 Lakhs to ₹5.6 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
ZF Steering Gear new Product Development Engineer Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year

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

Rane (Madras) new Product Development Engineer Salary - ₹2.1 Lakhs to ₹6.6 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
Toyoda Gosei Minda new Product Development Engineer Salary - ₹3.9 Lakhs to ₹4.8 Lakhs per year
Texspin Bearings new Product Development Engineer Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
SMR Automotive Systems India new Product Development Engineer Salary - ₹3.2 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at IM Gears ranges between ₹29,779 per month to ₹31,096 per month in India. The take-home salary calculation is based on the average IM Gears new Product Development Engineer salary in India which ranges between ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at IM Gears?

According to AmbitionBox, 60% of the IM Gears new Product Development Engineers reported a notice period of 1 Month, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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IM Gears new Product Development Engineer Salaries

IM Gears new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IM Gears latest salaries received from various employees of IM Gears.