IP Rings Chennai NPD Engineer Salaries by 4 Employees

7 - 10 years exp.

₹4.4 Lakhs - ₹6 Lakhs

Salary of majority employees

44% more than the average NPD Engineer Salary in Auto Components Companies for 7 - 10 years of experience

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Salaries in different departments

Research & Development NPD Engineer Salary 7 - 9 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr
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Production, Manufacturing & Engineering NPD Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 21 Oct 2024

Companies similar to IP Rings for NPD Engineer in Chennai

IP Rings NPD Engineer Salary

7 - 10 years exp. (4 salaries)

₹4.4 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Sundram Fasteners NPD Engineer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 58% less
Super Auto Forge NPD Engineer Salary 2 - 9 years exp. (8 salaries)	₹3 L/yr - ₹5.5 L/yr 19% less
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Rane Brake Lining NPD Engineer Salary 2 - 7 years exp. (7 salaries)	₹3.6 L/yr - ₹4.5 L/yr 30% less
Sac Engine Components NPD Engineer Salary 3 - 8 years exp. (6 salaries)	₹2.3 L/yr - ₹4 L/yr 39% less
Lucas-TVS NPD Engineer Salary 4 - 12 years exp. (6 salaries)	₹2.9 L/yr - ₹7 L/yr 14% more

NPD Engineer salary at IP Rings ranges between ₹4.4 Lakhs to ₹6 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IP Rings.

Experience wise IP Rings NPD Engineer salaries in Chennai

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in IP Rings

Production Engineer Salary

(36 salaries)

₹2.76 L/yr - ₹6 L/yr

Design Engineer Salary

(6 salaries)

₹4.2 L/yr - ₹5.25 L/yr

Senior Engineer Salary

(6 salaries)

₹5.8 L/yr - ₹6.8 L/yr

Quality Engineer Salary

(6 salaries)

₹2.3 L/yr - ₹7 L/yr

Deputy Manager Salary

(5 salaries)

₹9.3 L/yr - ₹10 L/yr

Junior Engineer Salary

(5 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Salary related reviews for IP Rings

Senior Executive in Chengalpattu

Full Time

Finance Department

2.0

• posted on 26 Aug 2022

1.0

for Salary and Benefits

Likes

Since this is a medium size company, we can learn everything. There is opportunity for learning a lot.

Job security - Good

Dislikes

...pecially in Finance Management will force to serve entire 90 days notice period. Getting promotion and getting a good salary hike are once in a blue moon. If you are ready to face a worse situation in the notice period, you can join. You can never understand the performance appraisal calculation. There is no proper ERP, no supporting person available in Information systems team, only one person is handling entire IS team. Also, this company is one of the companies in the amalgamation group, we have to serve forcefully for other companies without getting any monetary benefits.

Salary - Bad

+2 more

Deputy Manager in Vellore

Full Time

Quality Assurance Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Culture is good. Treating all employees with respect. Technology is good.

Salary - Excellent

+5 more

Dislikes

Mr.Balachander GM gave sever harassment to young officers and forced them to resign automatically. He put the rejection tag on. OCF ok parts. Redy to Dispatch.

Electrical Engineer in Chennai

Production, Manufacturing & Engineering Department

3.0

• posted on 09 Jun 2020

3.0

for Salary and Benefits

Likes

I intrested in maintenance job,full supported in management for any improventvand madification our plant, but that covid 19 problems more affected all of industial though more employee affected

Work satisfaction - Good

Dislikes

I am electrical engineer my rolls assistance shift vice 3 electrcian workinng but not there are not continue in 3years in the job because there are contractors new persons getting the management Freshers i getting again training the boys so breakdown times is more comes, thant dislike points

Engineer In Metallurgical Engineer

Finance & Accounting Department

4.0

• posted on 13 Aug 2018

1.0

for Salary and Benefits

Likes

The company is open to learning & accepting innovation ideas.

Work-life balance - Good

Dislikes

But career will be move slowly & there is no job security.couldn’t promotion easily otherwise you support to management.wellfare is very less. Poor HR & finance management.more partiallity & politics.

Salary - Bad

+3 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IP Rings NPD Engineer Salary FAQs

What is the salary of NPD Engineer at IP Rings in Chennai?

The average salary of a NPD Engineer at IP Rings in Chennai typically ranges from ₹4.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of NPD Engineer in Chennai at IP Rings earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. NPD Engineer Salaries at IP Rings 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 IP Rings employees in India.

What is the estimated take home salary of a NPD Engineer at IP Rings in Chennai?

The estimated take-home salary of a NPD Engineer at IP Rings in Chennai typically ranges from ₹39,371 to ₹40,546 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 7 years to 10 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 IP Rings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IP Rings for NPD Engineer in India?

Lucas-TVS

₹2.9 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a NPD Engineer in companies similar to IP Rings in Chennai?

The salary of a NPD Engineer at companies similar to IP Rings in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Super Auto Forge	₹3.0 Lakhs to ₹5.5 Lakhs per year
Rane Brake Lining	₹3.6 Lakhs to ₹4.5 Lakhs per year
Sac Engine Components	₹2.3 Lakhs to ₹4.0 Lakhs per year
TVS Sundram Fasteners	₹2.0 Lakhs to ₹4.2 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 NPD Engineer at IP Rings in Chennai?

The salary growth for a NPD Engineer at IP Rings in Chennai depends on factors such as experience, performance, and promotions. On average, a NPD Engineer in Chennai can expect the following growth trajectory at IP Rings:

Experience	Average Salary Range
7 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
10 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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IP Rings NPD Engineer Salaries in Chennai

IP Rings NPD Engineer salary in Chennai ranges between ₹4.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IP Rings latest salaries received from various employees of IP Rings.