Indo Shell Cast new Product Development Engineer Salaries by 5 Employees (Updated 2024)

0 - 3 years exp.

₹1.3 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

59% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.4 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr

Last Updated: 6 Jul 2024

Companies similar to Indo Shell Cast for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Kirloskar Ferrous Industries new Product Development Engineer Salary 6 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 119% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 187% more
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Nelson Global Products new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹7.9 L/yr 307% more
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 702% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (73 salaries)	₹2.7 L/yr - ₹5.7 L/yr 146% more

new Product Development Engineer salary at Indo Shell Cast ranges between ₹1.3 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Indo Shell Cast.

Experience wise Indo Shell Cast new Product Development Engineer salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.5 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.4 L/yr

Similar Designation salaries in Indo Shell Cast

Development Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Production Engineer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Design Engineer Salary

(6 salaries)

₹2 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Supervisor Salary

(9 salaries)

₹2.05 L/yr - ₹3.5 L/yr

Quality Engineer Salary

(12 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Junior Engineer Salary

(5 salaries)

₹2.65 L/yr - ₹3.6 L/yr

Salary related reviews for Indo Shell Cast

2.0

Rated by 1 employees for salary & benefits

Document Controller And Designer in Coimbatore

NEW PRODUCT DEVELOPMENT Department

4.0

• posted on 05 Feb 2019

3.0

for Salary and Benefits

Likes

I was fresher ,when I enter to this company .I feel too happy like an employee of this company.employers treated with equal manner.here the employers don't have excellent educated.but they have great knowledge about their field.so I took maximum of their knowledge. I hardly thank the indo shell employers ,especially my NPD department

Dislikes

They fix yearly based salary.if somebody have well knowledge ,but they fix experience basis.this is bad

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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Indo Shell Cast new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Indo Shell Cast?

new Product Development Engineer salary at Indo Shell Cast in India ranges between ₹1.3 Lakhs to ₹2.4 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 59% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indo Shell Cast India.

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

The average salary of a new Product Development Engineer at Indo Shell Cast is 59% 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 Indo Shell Cast to a new Product Development Engineer in India?

SPX Flow Technology new Product Development Engineer Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year
Nelson Global Products new Product Development Engineer Salary - ₹4.5 Lakhs to ₹7.9 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
Kirloskar Ferrous Industries new Product Development Engineer Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Indo Shell Cast in India?

The estimated take-home salary of a new Product Development Engineer at Indo Shell Cast ranges between ₹10,880 per month to ₹12,091 per month in India. The take-home salary calculation is based on the average Indo Shell Cast new Product Development Engineer salary in India which ranges between ₹1.3 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Indo Shell Cast?

According to AmbitionBox, 80% of the Indo Shell Cast new Product Development Engineers reported a notice period of 1 Month, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Indo Shell Cast new Product Development Engineer Salaries

Indo Shell Cast new Product Development Engineer salary in India ranges between ₹1.3 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indo Shell Cast latest salaries received from various employees of Indo Shell Cast.