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Indo German Brakes new Product Development Engineer salaries in India

Annual salary range
3 - 4 years exp.
₹3 Lakhs - ₹4.8 Lakhs
Salary of majority employees
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10% less than the average new Product Development Engineer Salary for 3 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Indo German Brakes for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 10% more
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₹1.8 L/yr - ₹5 L/yr

arrow icon 9% less
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 3% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 31% less
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₹1.8 L/yr - ₹6 L/yr

arrow icon 30% more
new Product Development Engineer salary at Indo German Brakes ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Indo German Brakes.

Latest annual salaries shared by Indo German Brakes new Product Development Engineer

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Experience wise Indo German Brakes new Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr

Similar Designation salaries in Indo German Brakes

Production Engineer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.4 L/yr - ₹3.5 L/yr

Salary related reviews for Indo German Brakes

Full Time

 · 

Quality Assurance Department

1.0
  •  posted on 07 Jul 2023

1.0
 for  Salary and Benefits

Likes

My first job in Indo German the colleague staff was very good except one person. If you join you will know about this person on your first day of your job.

read more

Dislikes

The management is very poor. They add more work along with your regularly work in every 1 month or in less than a month, there is no facility for doing your lunch, no facility of refreshment, the workspace is very unhygenic because of dust made from fm raw materials, the company Hr management is very illiterate they don't know how to talk to their employee and workers also.

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

Indo German Brakes new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Indo German Brakes ?
The average salary of a new Product Development Engineer at Indo German Brakes in India typically ranges from ₹3.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of new Product Development Engineer at Indo German Brakes earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. new Product Development Engineer Salaries at Indo German Brakes can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Indo German Brakes employees in India.
What is the estimated take home salary of a new Product Development Engineer at Indo German Brakes in India?
The estimated take-home salary of a new Product Development Engineer at Indo German Brakes in India typically ranges from ₹26,677 to ₹28,091 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Indo German Brakes. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indo German Brakes for new Product Development Engineer in India?
Nash Industries ₹1.8 Lakhs to ₹6.0 Lakhs per year
INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group ₹1.8 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indo German Brakes, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Indo German Brakes in India?
The salary of a new Product Development Engineer at companies similar to Indo German Brakes in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 Lakhs per year
Wadhokar ₹1.5 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a new Product Development Engineer at Indo German Brakes in India?
The salary growth for a new Product Development Engineer at Indo German Brakes depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Indo German Brakes:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹3.2 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
and so on.

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Indo German Brakes new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indo German Brakes latest salaries received from various employees of Indo German Brakes.