Jai Bhawani Mata Industries new Product Development Engineer Salaries by 4 Employees

3 - 4 years exp.

₹3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average new Product Development Engineer Salary for 3 - 4 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Jai Bhawani Mata Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
JRG Automotive india new Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹5.2 L/yr 15% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 23% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 1% more
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 14% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 24% less

new Product Development Engineer salary at Jai Bhawani Mata Industries ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Jai Bhawani Mata Industries.

Experience wise Jai Bhawani Mata Industries new Product Development Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (3 salaries)	₹3 L/yr - ₹4 L/yr

Similar Designation salaries in Jai Bhawani Mata Industries

Development Engineer Salary

(4 salaries)

₹3.3 L/yr - ₹3.6 L/yr

Production Engineer Salary

(7 salaries)

₹1.85 L/yr - ₹3.72 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Design Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4.8 L/yr

Production Supervisor Salary

(3 salaries)

₹3.2 L/yr - ₹6 L/yr

Quality Engineer Salary

(50 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Jai Bhawani Mata Industries

Project Engineer in Pune

Project Engineer Department

3.0

• posted on 28 Jan 2019

3.0

for Salary and Benefits

Likes

Overall experience was great, good for Fresher, mostly all machineries are available in house, Company working on new innovative projects.

Skill development - Good

+1 more

Dislikes

Career growth apporunites are very less, have no job security, working hour's more 12 hours comparatively less salary.

Mahindra Tata in Omerga

Shivaji college omerga Department

1.0

• posted on 14 Aug 2021

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give gidd salary hike and bonus every year.

Dislikes

There is alot of politics and the mangement doesn't address our issues. Salary is decent but career growth is slow.

Salary - Poor

+5 more

Tool Room Design Engineer in Pune

Tool Room Department

5.0

• posted on 11 Jul 2019

1.0

for Salary and Benefits

Likes

...enty.no time for family freind and self also beacuase of 12-14hrs working daily.salary is in-han so there no benefits of saving money indirectly (PF)

Skill development - Excellent

+1 more

Dislikes

work pressure is high. I have 12-14 hrs straight in day.Senior do not value of our work .

Salary - Bad

+4 more

Quality Executive in Faridabad

Quality department Department

2.0

• posted on 03 Jun 2018

4.0

for Salary and Benefits

Likes

... process quality control executive work in sheet metal works. Forging company 3.5 year experience and improvement points growth salary is 23000

Salary - Good

+4 more

Dislikes

I am in process quality control executive. Required Jobe in process quality and training my job

Work-life balance - Poor

Quality Engineer in Pune

Full Time

Quality Assurance Department

4.0

• posted on 09 Feb 2022

2.0

for Salary and Benefits

Likes

If you want to learn anything related machine or process then this company is sepcial for you. 12 hrs per day means you can able to work anywhere anytime with full energy I your personal life.

Dislikes

12 hrs a day. Not a systematic culture. Inspection level is great but not growth on quality assurance

Salary - Poor

+5 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Jai Bhawani Mata Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Jai Bhawani Mata Industries ?

The average salary of a new Product Development Engineer at Jai Bhawani Mata Industries in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of new Product Development Engineer at Jai Bhawani Mata Industries earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. new Product Development Engineer Salaries at Jai Bhawani Mata 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 4 Jai Bhawani Mata Industries employees in India.

What is the estimated take home salary of a new Product Development Engineer at Jai Bhawani Mata Industries in India?

The estimated take-home salary of a new Product Development Engineer at Jai Bhawani Mata Industries in India typically ranges from ₹23,768 to ₹25,225 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 4 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 Jai Bhawani Mata Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Jai Bhawani Mata Industries for new Product Development Engineer in India?

INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JRG Automotive india	₹2.8 Lakhs to ₹5.2 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 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 Jai Bhawani Mata Industries, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Jai Bhawani Mata Industries in India?

The salary of a new Product Development Engineer at companies similar to Jai Bhawani Mata Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wadhokar

₹1.5 Lakhs to ₹4.0 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 Bhawani Mata Industries in India?

The salary growth for a new Product Development Engineer at Jai Bhawani Mata Industries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Jai Bhawani Mata Industries:

Experience	Average Salary Range
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹3.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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Jai Bhawani Mata Industries new Product Development Engineer Salaries

Jai Bhawani Mata Industries new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Jai Bhawani Mata Industries latest salaries received from various employees of Jai Bhawani Mata Industries.

Jai Bhawani Mata Industries new Product Development Engineer salaries in India

Companies similar to Jai Bhawani Mata Industries for new Product Development Engineer

Latest annual salaries shared by Jai Bhawani Mata Industries new Product Development Engineer

Experience wise Jai Bhawani Mata Industries new Product Development Engineer salaries

Similar Designation salaries in Jai Bhawani Mata Industries

Salary related reviews for Jai Bhawani Mata Industries

Project Engineer in Pune

Mahindra Tata in Omerga

Tool Room Design Engineer in Pune

Quality Executive in Faridabad

Quality Engineer in Pune

Jai Bhawani Mata Industries new Product Development Engineer Salary FAQs

Tell us how to improve this page.