Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary43% less than the average new Product Development Engineer Salary for 1 - 4 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 - 4
years
exp.
(4
salaries)
|  ₹1.7 L/yr - ₹3.4 L/yr |
Login to view exact salary
| |
Research & Development
new Product Development Engineer Salary
1
year
exp.
(AmbitionBox Estimate)
| ₹2.2 L/yr - ₹2.6 L/yr |
Companies similar to Iyappan Engineering Industries for new Product Development Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 TCS new Product Development Engineer Salary
0 - 8 years exp. (11 salaries) | ₹3.4 L/yr - ₹7.6 L/yr 
118%
more | |
 Tech Mahindra new Product Development Engineer Salary
4 - 6 years exp. (4 salaries) | ₹4 L/yr - ₹7 L/yr
161%
more | |
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| ||
 HCLTech new Product Development Engineer Salary
0 - 16 years exp. (4 salaries) | ₹9 L/yr - ₹16 L/yr
396%
more | |
 INDO-MIM new Product Development Engineer Salary
0 - 4 years exp. (70 salaries) | ₹2.7 L/yr - ₹5.5 L/yr
72%
more | |
 L.G.Balakrishnan & Bros new Product Development Engineer Salary
1 - 8 years exp. (42 salaries) | ₹1.8 L/yr - ₹5 L/yr
43%
more | |
Latest annual salaries shared by Iyappan Engineering Industries new Product Development Engineer
Experience wise Iyappan Engineering Industries new Product Development Engineer salaries
Last Updated: 17 Mar 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹1.9
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹1.8
L/yr
- ₹2.3
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹2.9
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹3.6
L/yr
|
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Iyappan Engineering Industries new Product Development Engineer Salary FAQs
The top 10% of new Product Development Engineer at Iyappan Engineering Industries earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. new Product Development Engineer Salaries at Iyappan Engineering Industries 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 Iyappan Engineering Industries employees in India.
| HCLTech | ₹9.0 Lakhs to ₹16.0 Lakhs per year |
| Tech Mahindra | ₹4.0 Lakhs to ₹7.0 Lakhs per year |
| TCS | ₹3.4 Lakhs to ₹7.6 Lakhs per year |
| INDO-MIM | ₹2.7 Lakhs to ₹5.5 Lakhs per year |
| L.G.Balakrishnan & Bros | ₹1.8 Lakhs to ₹5.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Iyappan Engineering Industries, depending on the role and experience level.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.5 Lakhs to ₹1.9 Lakhs per year |
| 2 years | ₹1.8 Lakhs to ₹2.3 Lakhs per year |
| 3 years | ₹2.3 Lakhs to ₹2.9 Lakhs per year |
| 4 years | ₹2.8 Lakhs to ₹3.6 Lakhs per year |
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Iyappan Engineering Industries new Product Development Engineer salary
in
India
ranges between ₹1.7
Lakh to ₹3.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Iyappan Engineering Industries latest salaries received from various employees of
Iyappan Engineering Industries.