INDO-MIM Design and Product Development Engineer Salaries by 5 Employees

3 - 6 years exp.

₹3.5 Lakhs - ₹6.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

Design and Product Development Engineer Salary at INDO-MIM ranges between ₹3.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries... Read more

15% less than the average Design and Product Development Engineer Salary in Metals & Mining Companies for 3 - 6 years of experience

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Last Updated: 26 Aug 2024

Companies similar to INDO-MIM for Design and Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
MRF Tyres Design and Product Development Engineer Salary 1 - 2 years exp. (10 salaries)	₹5 L/yr - ₹7.8 L/yr 31% more
TCS Design and Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 9% more
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Multilink Design and Product Development Engineer Salary 1 - 3 years exp. (8 salaries)	₹1.7 L/yr - ₹2.5 L/yr 60% less

Lucas-TVS Design and Product Development Engineer Salary 3 - 11 years exp. (8 salaries)	₹4.9 L/yr - ₹8 L/yr 8% more
TE Connectivity Design and Product Development Engineer Salary 3 - 8 years exp. (7 salaries)	₹6.5 L/yr - ₹15.2 L/yr 107% more

INDO-MIM Design and Product Development Engineer salaries by

Years of experience	Avg. annual salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.4 L/yr

Similar Designation Salaries at INDO-MIM

Similar Designation	Avg. annual salary
New Product Development Engineer Salary (73 salaries)	₹2.7 L/yr - ₹5.5 L/yr
Product Development Engineer Salary (65 salaries)	₹2.9 L/yr - ₹7.4 L/yr
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Development Engineer Salary (6 salaries)	₹3.5 L/yr - ₹5.2 L/yr
Production Engineer Salary (154 salaries)	₹1.5 L/yr - ₹7.2 L/yr
Senior Design Engineer Salary (9 salaries)	₹3.9 L/yr - ₹8.8 L/yr
Product Engineer Salary (4 salaries)	₹1.8 L/yr - ₹5 L/yr
Senior Software Engineer Salary (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
Design Engineer Salary (116 salaries)	₹1.8 L/yr - ₹7 L/yr
Assistant Engineer Salary (70 salaries)	₹1.2 L/yr - ₹4.6 L/yr
Mechanical Engineer Salary (28 salaries)	₹2.1 L/yr - ₹8.4 L/yr

View more similar designations

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Salary Discussions, Hike & Promotions

a full stack developer

No Salary Discussion in My Appraisal — What’s Your Experience?

In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?

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Salary related reviews for INDO-MIM

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• updated on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Personal work life balance and job security is too good

Job security - Good

+1 more

Dislikes

There is no proper work culture here, and no salary increment as per experience and talent, no encouragement for real talent. Especially no value for Designers, no one knows the value of a Designer here. Equal salary for ITI guy and also a Engineer guy, No value for qualifications. And one more very bad culture is, when someone resigned, no one will ask for stayback or nobody will ask about this situation or the problem.

Salary - Poor

+1 more

Production Engineer in Dod Ballapur

Full Time

Media Production & Entertainment Department

4.0

• updated on 06 Jun 2023

5.0

for Salary and Benefits

Likes

...fferent types of technical experience and learn more different types of process. Company also give food facilities and final good salary

Salary - Excellent

+6 more

Dislikes

Some times canteen people lazyness like government holidays,saturday and sunday's

Quality Engineer in Bangalore Rural

Full Time

Research & Development Department

4.0

• updated on 04 Dec 2020

4.0

for Salary and Benefits

Likes

The way they used to encourage and bringing out the skills, giving the confidence in me for the betterment for future job opportunities. The management is very good, they provide accommodation like foods, rooms, cab facility etc Work is also helped to gain the knowledge about quality, not only about quality 5s, checklists, kaizen etc

Salary - Good

+6 more

Dislikes

Salary I felt it should be more and by the time experience gets they will increase....

Design Engineer in Bangalore / Bengaluru

Research & Development Department

4.0

• updated on 21 May 2021

3.0

for Salary and Benefits

Likes

Over a very good environment to work and learn, but work life balance for lover and mid level people is very bad, and no other benifits like outings but company provides food and cab facility so over all a good company for beginners and very good company for experienced persons to settle.

Skill development - Excellent

+3 more

Dislikes

Some times we need to work over time and they doesn't pay for that nor they give leave for that and Salary wise it's good while joining but increment is not at all good.

Employee Relations Executive in Dod Ballapur

Full Time

Media Production & Entertainment Department

2.0

• updated on 16 Oct 2023

1.0

for Salary and Benefits

Likes

🤐 😡 I am just working for my commitment's and it's important for my family commitment

Dislikes

Low pay 😡 Inflexible work schedules i don't like management culture Company not recognize my qualifications

Salary - Bad

+6 more

see more salary related reviews

INDO-MIM Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at INDO-MIM ?

The average salary of a Design and Product Development Engineer at INDO-MIM in India typically ranges from ₹3.5 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Design and Product Development Engineer at INDO-MIM earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Design and Product Development Engineer Salaries at INDO-MIM 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 5 INDO-MIM employees in India.

What is the estimated take home salary of a Design and Product Development Engineer at INDO-MIM in India?

The estimated take-home salary of a Design and Product Development Engineer at INDO-MIM in India typically ranges from ₹38,360 to ₹39,550 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 3 years to 6 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 5 salaries received from various employees of INDO-MIM . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than INDO-MIM for Design and Product Development Engineer in India?

TE Connectivity	₹6.5 Lakhs to ₹15.2 Lakhs per year
MRF Tyres	₹5.0 Lakhs to ₹7.8 Lakhs per year
TCS	₹4.3 Lakhs to ₹7.0 Lakhs per year
Lucas-TVS	₹4.9 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by INDO-MIM , depending on the role and experience level.

What is the salary of a Design and Product Development Engineer in companies similar to INDO-MIM in India?

The salary of a Design and Product Development Engineer at companies similar to INDO-MIM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Multilink

₹1.7 Lakhs to ₹2.5 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 Design and Product Development Engineer at INDO-MIM in India?

The salary growth for a Design and Product Development Engineer at INDO-MIM depends on factors such as experience, performance, and promotions. On average, a Design and Product Development Engineer can expect the following growth trajectory at INDO-MIM :

Experience	Average Salary Range
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
6 years	₹5.5 Lakhs to ₹6.4 Lakhs per year

and so on.

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INDO-MIM Design and Product Development Engineer Salaries

INDO-MIM Design and Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 INDO-MIM latest salaries received from various employees of INDO-MIM .