IM Gears New Product Development Project Engineer Salaries by 4 Employees (Updated 2024)

5 - 8 years exp.

₹3.4 Lakhs - ₹4.3 Lakhs

Salary of majority employees

6% less than the average New Product Development Project Engineer Salary in Auto Components Companies for 5 - 8 years of experience

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Last Updated: 4 Jul 2024

Companies similar to IM Gears for New Product Development Project Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Chassis Systems New Product Development Project Engineer Salary 6 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 11% more
Login to view exact salary
Motherson Automotive Elastomers New Product Development Project Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr 12% more

New Product Development Project Engineer salary at IM Gears ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of IM Gears.

Experience wise IM Gears New Product Development Project Engineer salaries

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr

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

Senior Engineer Salary

(21 salaries)

₹3.95 L/yr - ₹8.5 L/yr

Junior Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Project Manager Salary

(4 salaries)

₹12 L/yr - ₹17.5 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Deputy Manager Salary

(7 salaries)

₹6.4 L/yr - ₹10 L/yr

Salary related reviews for IM Gears

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

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.

Dislikes

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

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.

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

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.

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IM Gears New Product Development Project Engineer Salary FAQs

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

New Product Development Project Engineer salary at IM Gears in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs for experience between 5 years to 8 years. According to our estimates it is 6% less than the average New Product Development Project Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IM Gears India.

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

The average salary of a New Product Development Project Engineer at IM Gears is 6% less than the average salary of a New Product Development Project 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 Project Engineer in India?

Motherson Automotive Elastomers New Product Development Project Engineer Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
Bosch Chassis Systems New Product Development Project Engineer Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a New Product Development Project Engineer at IM Gears ranges between ₹27,523 per month to ₹28,924 per month in India. The take-home salary calculation is based on the average IM Gears New Product Development Project Engineer salary in India which ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IM Gears New Product Development Project Engineers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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IM Gears New Product Development Project Engineer Salaries

IM Gears New Product Development Project Engineer salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IM Gears latest salaries received from various employees of IM Gears.