INDO-MIM new Product Development Salaries by 4 Employees (Updated 2024)

1 - 12 years exp.

₹1.6 Lakh - ₹8 Lakhs

Low Confidence

Salary of majority employees

101% more than the average new Product Development Salary in Metals & Mining Companies for 1 - 12 years of experience

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Last Updated: 7 Nov 2024

Companies similar to INDO-MIM for new Product Development

Company name	Avg Annual Salary	Open Jobs
Sysmac Engineers new Product Development Salary 0 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 68% less
Organic Harvest new Product Development Salary 12 - 16 years exp. (4 salaries)	₹15.5 L/yr - ₹22 L/yr 145% more
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Kalyani Transmission Technology new Product Development Salary 4 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr 52% less
Future Consumer new Product Development Salary 6 - 8 years exp. (3 salaries)	₹16 L/yr - ₹20.9 L/yr 131% more
Hindware Limited new Product Development Salary 7 - 9 years exp. (3 salaries)	₹7.2 L/yr - ₹9.2 L/yr 5% more

new Product Development salary at INDO-MIM ranges between ₹1.6 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of INDO-MIM .

Experience wise INDO-MIM new Product Development salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr

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Salary related reviews for INDO-MIM

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Personal work life balance and job security is too good

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.

Employee Relations Executive in Dod Ballapur

Full Time

Media Production & Entertainment Department

2.0

• posted 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

Quality Specialist in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 13 Jun 2023

5.0

for Salary and Benefits

Likes

Very good work life balance they care about employee’s personal time. Very good salary increments, less work pressure.

Dislikes

It’s not dislike just a suggestion. Promotions are less likely to happen bcz of minimal resignations. Work culture of people is not in trend it’s like before 10years.

Legal & Regulatory - Other in Bangalore / Bengaluru

Intern

Legal & Regulatory Department

5.0

• posted on 18 Jan 2024

5.0

for Salary and Benefits

Likes

...tes will get good exposure of MIM, Defence, Aerospace, Investment casting etc. On time salary on or before month last date. Annual medical examination who are working in shop floors and some other certical department. Multinational company having branch, sales office and subsidiary in overseas countries.

Dislikes

Could be better infrastructure

CNC Operator in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 19 May 2023

2.0

for Salary and Benefits

Likes

The security of job and the company is already has gain Multi national company award. The company is devloping but not the employed salary😑

Dislikes

The indomim mangments team never show sympathy on employs. No salary incruments, they never give you to gain knowledge to freshers. Just doing work, work, production, etc

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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INDO-MIM new Product Development Salary FAQs

What is the salary of new Product Development at INDO-MIM ?

new Product Development salary at INDO-MIM in India ranges between ₹1.6 Lakhs to ₹8.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 101% more than the average new Product Development Salary in India. Salary estimates are based on 4 latest salaries received from various employees of INDO-MIM India.

How does the salary of a new Product Development at INDO-MIM India compare with the average salary range for this job?

The average salary of a new Product Development at INDO-MIM is 101% more than the average salary of a new Product Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than INDO-MIM to a new Product Development in India?

Organic Harvest new Product Development Salary - ₹15.5 Lakhs to ₹22.0 Lakhs per year
Future Consumer new Product Development Salary - ₹16.0 Lakhs to ₹20.9 Lakhs per year
Hindware Limited new Product Development Salary - ₹7.2 Lakhs to ₹9.2 Lakhs per year

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

Kalyani Transmission Technology new Product Development Salary - ₹2.5 Lakhs to ₹4.2 Lakhs per year
Sysmac Engineers new Product Development Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a new Product Development at INDO-MIM ranges between ₹56,673 per month to ₹58,096 per month in India. The take-home salary calculation is based on the average INDO-MIM new Product Development salary in India which ranges between ₹1.6 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for new Product Development at INDO-MIM ?

According to AmbitionBox, 100% of the INDO-MIM new Product Developments reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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INDO-MIM new Product Development Salaries

INDO-MIM new Product Development salary in India ranges between ₹1.6 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 INDO-MIM latest salaries received from various employees of INDO-MIM .