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Jai Bhavani Mata Stampings new Product Development Engineer salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹1.9 Lakh - ₹6.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average new Product Development Engineer Salary for 1 - 7 years of experience

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Last Updated: 22 Feb 2025

Companies similar to Jai Bhavani Mata Stampings for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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TCS new Product Development Engineer Salary

0 - 8 years exp. (11 salaries)

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₹3.4 L/yr - ₹7.6 L/yr

arrow icon 26% more
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₹4 L/yr - ₹7 L/yr

arrow icon 52% more
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₹9 L/yr - ₹16 L/yr

arrow icon 188% more
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₹2.7 L/yr - ₹5.5 L/yr

At par
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₹1.8 L/yr - ₹5 L/yr

arrow icon 17% less
new Product Development Engineer salary at Jai Bhavani Mata Stampings ranges between ₹1.9 Lakh to ₹6.3 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Jai Bhavani Mata Stampings.

Latest annual salaries shared by Jai Bhavani Mata Stampings new Product Development Engineer

2d ago
₹6.3 Lakhs
6 years exp.
11mo ago
₹4.8 Lakhs
5 years exp.
1y ago
₹3.7 Lakhs
4 years exp.
1y ago
₹3.7 Lakhs
3 years exp.
1y ago
₹1.9 Lakh
2 years exp.
1y ago
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1 year exp.
1y ago
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7 years exp.

Experience wise Jai Bhavani Mata Stampings new Product Development Engineer salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
View all

Similar Designation salaries in Jai Bhavani Mata Stampings

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₹1.5 L/yr - ₹4 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹0.6 L/yr - ₹0.8 L/yr
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₹6 L/yr - ₹7 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
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₹2.4 L/yr - ₹4.08 L/yr

Salary related reviews for Jai Bhavani Mata Stampings

1.0

Rated by 1 employees for salary & benefits

Engineering - Software & QA Department

3.0
  •  posted on 05 Mar 2020

1.0
 for  Salary and Benefits

Likes

If you want to develop your skills in manufacturing, you will get enough opportunities to do that.

  • Skill development - Good

Dislikes

...dditional compensation. Rules changes every time depending upon few individuals. Work pressure is always high without any salary hike. For freshers best company to join but dont expect salary greater than 10k-12k per month, and for experience persons beware only few had waited more than 6months.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Jai Bhavani Mata Stampings new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Jai Bhavani Mata Stampings ?
The average salary of a new Product Development Engineer at Jai Bhavani Mata Stampings in India typically ranges from ₹1.9 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of new Product Development Engineer at Jai Bhavani Mata Stampings earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. new Product Development Engineer Salaries at Jai Bhavani Mata Stampings 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 7 Jai Bhavani Mata Stampings employees in India.
What is the estimated take home salary of a new Product Development Engineer at Jai Bhavani Mata Stampings in India?
The estimated take-home salary of a new Product Development Engineer at Jai Bhavani Mata Stampings in India typically ranges from ₹29,690 to ₹31,009 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 1 year to 7 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 7 salaries received from various employees of Jai Bhavani Mata Stampings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Jai Bhavani Mata Stampings for new Product Development Engineer 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

These companies are known for offering competitive compensation packages that can exceed the salary offered by Jai Bhavani Mata Stampings, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Jai Bhavani Mata Stampings in India?
The salary of a new Product Development Engineer at companies similar to Jai Bhavani Mata Stampings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 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 new Product Development Engineer at Jai Bhavani Mata Stampings in India?
The salary growth for a new Product Development Engineer at Jai Bhavani Mata Stampings depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Jai Bhavani Mata Stampings:

Experience Average Salary Range
1 year ₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Jai Bhavani Mata Stampings new Product Development Engineer salary in India ranges between ₹1.9 Lakh to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Jai Bhavani Mata Stampings latest salaries received from various employees of Jai Bhavani Mata Stampings.