Monthly In-hand Salary
8% less than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 8 years of experience
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Salaries in different departments
Research & Development
new Product Development Engineer Salary
0 - 8
years
exp.
(23
salaries)
|  ₹1.8 L/yr - ₹5.7 L/yr |
Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 - 8
years
exp.
(6
salaries)
| ₹3 L/yr - ₹5 L/yr |
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| |
Project & Program Management
new Product Development Engineer Salary
6 - 7
years
exp.
(AmbitionBox Estimate)
| ₹3.4 L/yr - ₹5.3 L/yr |
Companies similar to JBM Group for new Product Development Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 L.G.Balakrishnan & Bros new Product Development Engineer Salary
1 - 8 years exp. (42 salaries) | ₹1.8 L/yr - ₹5 L/yr 
11%
less | |
 Belrise Industries new Product Development Engineer Salary
1 - 8 years exp. (21 salaries) | ₹2.2 L/yr - ₹5.4 L/yr
1%
less | |
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| ||
 Motherson Automotive Technologies and Engineering new Product Development Engineer Salary
1 - 9 years exp. (21 salaries) | ₹2.9 L/yr - ₹8 L/yr 
32%
more | |
 UNO Minda new Product Development Engineer Salary
1 - 6 years exp. (16 salaries) | ₹2.2 L/yr - ₹6.6 L/yr
13%
more | |
 Pricol new Product Development Engineer Salary
1 - 9 years exp. (11 salaries) | ₹1.6 L/yr - ₹7 L/yr
29%
more | |
 Bharat Forge new Product Development Engineer Salary
3 - 8 years exp. (10 salaries) | ₹3.9 L/yr - ₹5.6 L/yr
32%
more | |
 Apollo Tyres new Product Development Engineer Salary
1 - 10 years exp. (9 salaries) | ₹5.5 L/yr - ₹9 L/yr
76%
more | |
 TVS Sundram Fasteners new Product Development Engineer Salary
0 - 7 years exp. (8 salaries) | ₹2.1 L/yr - ₹6.8 L/yr
5%
more | |
 Delphi TVS new Product Development Engineer Salary
1 - 5 years exp. (8 salaries) | ₹2 L/yr - ₹4.1 L/yr
10%
less | |
 Mando Automotive new Product Development Engineer Salary
2 - 9 years exp. (7 salaries) | ₹4.4 L/yr - ₹5.1 L/yr
32%
more | |
 Root Industries new Product Development Engineer Salary
4 - 9 years exp. (7 salaries) | ₹5 L/yr - ₹6.5 L/yr
54%
more | |
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| ||
 CIE Automotive new Product Development Engineer Salary
2 - 8 years exp. (7 salaries) | ₹3.3 L/yr - ₹6.5 L/yr
9%
more | |
 Lumax Industries new Product Development Engineer Salary
0 - 4 years exp. (6 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
22%
less | |
 Spark Minda new Product Development Engineer Salary
2 - 4 years exp. (6 salaries) | ₹3 L/yr - ₹4.2 L/yr
17%
less | |
 India Nippon Electricals new Product Development Engineer Salary
4 - 7 years exp. (5 salaries) | ₹1.8 L/yr - ₹6.6 L/yr
13%
more | |
 Subros new Product Development Engineer Salary
3 - 14 years exp. (5 salaries) | ₹2.6 L/yr - ₹9.2 L/yr
50%
more | |
 Jamna Auto Industries new Product Development Engineer Salary
1 - 3 years exp. (4 salaries) | ₹3 L/yr - ₹3.7 L/yr
15%
less | |
 Endurance Technologies new Product Development Engineer Salary
1 - 6 years exp. (3 salaries) | ₹1.5 L/yr - ₹3.5 L/yr
19%
less | |
 Gabriel India new Product Development Engineer Salary
3 - 8 years exp. (3 salaries) | ₹3.6 L/yr - ₹5 L/yr
9%
more | |
 Tata AutoComp Systems new Product Development Engineer Salary
2 - 5 years exp. (3 salaries) | ₹2.5 L/yr - ₹6.2 L/yr At par | |
Latest annual salaries shared by JBM Group new Product Development Engineer
Experience wise JBM Group new Product Development Engineer salaries
Last Updated: 1 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹1.8
L/yr
- ₹5.1
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹2.7
L/yr
- ₹5.5
L/yr
|
Login to view exact salary
| |
| 2 years (6 salaries) |
₹2.3
L/yr
- ₹3.5
L/yr
|
| 3 years (9 salaries) |
₹3
L/yr
- ₹5
L/yr
|
| 4 years (4 salaries) |
₹3
L/yr
- ₹4.8
L/yr
|
Similar Designation salaries in JBM Group
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JBM Group new Product Development Engineer Salary FAQs
The top 10% of new Product Development Engineer at JBM Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. new Product Development Engineer Salaries at JBM Group 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 30+ JBM Group employees in India.
| Apollo Tyres | ₹5.5 Lakhs to ₹9.0 Lakhs per year |
| Root Industries | ₹5.0 Lakhs to ₹6.5 Lakhs per year |
| Subros | ₹2.6 Lakhs to ₹9.2 Lakhs per year |
| Motherson Automotive Technologies and Engineering | ₹2.9 Lakhs to ₹8.0 Lakhs per year |
| Mando Automotive | ₹4.4 Lakhs to ₹5.1 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by JBM Group, depending on the role and experience level.
| Bharat Forge | ₹3.9 Lakhs to ₹5.6 Lakhs per year |
| Pricol | ₹1.6 Lakhs to ₹7.0 Lakhs per year |
| UNO Minda | ₹2.2 Lakhs to ₹6.6 Lakhs per year |
| India Nippon Electricals | ₹1.8 Lakhs to ₹6.6 Lakhs per year |
| CIE Automotive | ₹3.3 Lakhs to ₹6.5 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.8 Lakhs to ₹5.1 Lakhs per year |
| 1 year | ₹2.7 Lakhs to ₹5.5 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹3.5 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹5.0 Lakhs per year |
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JBM Group new Product Development Engineer Salaries by Location
- JBM Group new Product Development Engineer salaries in Chennai
- JBM Group new Product Development Engineer salaries in New Delhi
- JBM Group new Product Development Engineer salaries in Nashik
- JBM Group new Product Development Engineer salaries in Faridabad
- JBM Group new Product Development Engineer salaries in Ahmedabad
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JBM Group new Product Development Engineer salary
in
India
ranges between ₹1.8
Lakh to ₹5.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
34
JBM Group latest salaries received from various employees of
JBM Group.