INDO-MIM new Product Development Engineer Salaries by 70+ Employees (Updated 2025)

0 - 4 years exp.

₹2.7 Lakhs - ₹5.5 Lakhs

Salary of majority employees

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At par with the average new Product Development Engineer Salary in Metals & Mining Companies for 0 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 0 - 4 years exp. (31 salaries)	Unlock ₹2.7 L/yr - ₹4.5 L/yr
Research & Development new Product Development Engineer Salary 1 - 4 years exp. (21 salaries)	Unlock ₹2.8 L/yr - ₹5.4 L/yr
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Project & Program Management new Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	Unlock ₹3.7 L/yr - ₹5 L/yr

Last Updated: 14 Feb 2025

Companies similar to INDO-MIM for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	Unlock ₹3.4 L/yr - ₹7.6 L/yr 27% more
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	Unlock ₹4.2 L/yr - ₹7.4 L/yr 39% more
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Godrej & Boyce Manufacturing new Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 29% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	Unlock ₹3.9 L/yr - ₹5.6 L/yr 24% more
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	Unlock ₹2 L/yr - ₹6.6 L/yr 11% more
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	Unlock ₹1.7 L/yr - ₹4.8 L/yr 13% less
CIE Automotive new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	Unlock ₹3.3 L/yr - ₹6.5 L/yr 2% more
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr 19% less
Metalman Auto new Product Development Engineer Salary 2 - 4 years exp. (5 salaries)	Unlock ₹2.8 L/yr - ₹4 L/yr 17% less
ZF Commercial Vehicle Control Systems new Product Development Engineer Salary 0 - 3 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹3 L/yr 51% less
Pitti Engineering new Product Development Engineer Salary 10 - 13 years exp. (4 salaries)	Unlock ₹4.8 L/yr - ₹5.7 L/yr 35% more
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Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹6.6 L/yr 13% more
SKH Metals new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr 17% more
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	Unlock ₹1.5 L/yr - ₹3.5 L/yr 24% less
Kirloskar Ferrous Industries new Product Development Engineer Salary 6 - 7 years exp. (3 salaries)	Unlock ₹3.2 L/yr - ₹4 L/yr 12% less

new Product Development Engineer salary at INDO-MIM ranges between ₹2.7 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 70 latest salaries received from various employees of INDO-MIM .

Latest annual salaries shared by INDO-MIM new Product Development Engineer

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Experience wise INDO-MIM new Product Development Engineer salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	Unlock ₹2.7 L/yr - ₹3.6 L/yr
1 year (26 salaries)	Unlock ₹2.7 L/yr - ₹4.2 L/yr
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2 years (19 salaries)	Unlock ₹3.5 L/yr - ₹4.7 L/yr
3 years (14 salaries)	Unlock ₹3.6 L/yr - ₹5.5 L/yr
4 years (7 salaries)	Unlock ₹3.9 L/yr - ₹5.4 L/yr

Similar Designation salaries in INDO-MIM

Product Development Engineer Salary

(65 salaries)

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₹2.9 L/yr - ₹7.37 L/yr

Development Engineer Salary

(8 salaries)

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₹3.5 L/yr - ₹5.15 L/yr

Production Engineer Salary

(157 salaries)

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₹1.45 L/yr - ₹7.2 L/yr

Product Engineer Salary

(4 salaries)

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₹1.8 L/yr - ₹5 L/yr

Senior Design Engineer Salary

(9 salaries)

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₹3.9 L/yr - ₹8.8 L/yr

Project Engineer Salary

(5 salaries)

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₹3.2 L/yr - ₹4.8 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr

Production Officer Salary

(AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr

Assistant Engineer Salary

(69 salaries)

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₹1.2 L/yr - ₹4.55 L/yr

Production Manager Salary

(AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr

Top skills at INDO-MIM for new Product Development Engineer

PFD ISO 14001 Gauges Process design Simulation Troubleshooting PFMEA Turning Tools Gauges Radiography Troubleshooting CNC Programming ISO 9001 AS9100

Salary related reviews for INDO-MIM

2.4

Rated by 17 employees for salary & benefits

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

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

Quality Engineer in Bangalore Rural

Full Time

Research & Development Department

4.0

• posted 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

• posted 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

• 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

Salary - Bad

+6 more

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.

Salary - Excellent

+4 more

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.

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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INDO-MIM new Product Development Engineer Salary FAQs

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

new Product Development Engineer salary at INDO-MIM in India ranges between ₹2.7 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 4 years. Salary estimates are based on 70 latest salaries received from various employees of INDO-MIM India.

What are the top skills required to work as a new Product Development Engineer at INDO-MIM ?

PFD, ISO 14001, Gauges, Process design and Simulation are some of the popular skills required to work as a new Product Development Engineer at INDO-MIM India.

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

Mahindra & Mahindra new Product Development Engineer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
Pitti Engineering new Product Development Engineer Salary - ₹4.8 Lakhs to ₹5.7 Lakhs per year
Godrej & Boyce Manufacturing new Product Development Engineer Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.6 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year

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

SKH Metals new Product Development Engineer Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Rane (Madras) new Product Development Engineer Salary - ₹2.1 Lakhs to ₹6.6 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
CIE Automotive new Product Development Engineer Salary - ₹3.3 Lakhs to ₹6.5 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-MIM in India?

The estimated take-home salary of a new Product Development Engineer at INDO-MIM ranges between ₹29,483 per month to ₹30,855 per month in India. The take-home salary calculation is based on the average INDO-MIM new Product Development Engineer salary in India which ranges between ₹2.7 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 52% of the INDO-MIM new Product Development Engineers reported a notice period of 1 Month, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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INDO-MIM new Product Development Engineer Salaries

INDO-MIM new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 INDO-MIM latest salaries received from various employees of INDO-MIM .

INDO-MIM new Product Development Engineer salaries in India (Updated 2025)

Companies similar to INDO-MIM for new Product Development Engineer

Latest annual salaries shared by INDO-MIM new Product Development Engineer

Experience wise INDO-MIM new Product Development Engineer salaries

Similar Designation salaries in INDO-MIM

Top skills at INDO-MIM for new Product Development Engineer

Salary related reviews for INDO-MIM

Senior Design Engineer in Bangalore / Bengaluru

Quality Engineer in Bangalore Rural

Design Engineer in Bangalore / Bengaluru

Employee Relations Executive in Dod Ballapur

Quality Specialist in Bangalore / Bengaluru

INDO-MIM new Product Development Engineer Salary FAQs

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