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JBM Group new Product Development Engineer salaries in India

Annual salary range
1 - 8 years exp.
₹2.3 Lakhs - ₹5.7 Lakhs
Salary of majority employees
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7% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 8 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 8 years exp. (21 salaries)
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₹2.3 L/yr - ₹5.7 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 - 8 years exp. (6 salaries)
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₹3 L/yr - ₹5 L/yr

Project & Program Management
new Product Development Engineer Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5.3 L/yr

Last Updated: 22 Jan 2025

Companies similar to JBM Group for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹4.2 L/yr - ₹7.4 L/yr

arrow icon 47% more
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₹2 L/yr - ₹4.2 L/yr

arrow icon 11% less
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₹3.9 L/yr - ₹5.6 L/yr

arrow icon 33% more
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₹6.5 L/yr - ₹11.8 L/yr

arrow icon 130% more
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₹6 L/yr - ₹13 L/yr

arrow icon 119% more
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₹7 L/yr - ₹11 L/yr

arrow icon 142% more
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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 14% less
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 6% less
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₹2.9 L/yr - ₹7.5 L/yr

arrow icon 25% more
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₹2 L/yr - ₹6.6 L/yr

arrow icon 20% more
Logo
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₹1.6 L/yr - ₹7 L/yr

arrow icon 31% more
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₹5.5 L/yr - ₹9 L/yr

arrow icon 78% more
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₹2 L/yr - ₹4.1 L/yr

arrow icon 4% less
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₹1.7 L/yr - ₹4.8 L/yr

arrow icon 6% less
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₹4.4 L/yr - ₹5.1 L/yr

arrow icon 34% more
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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 10% more
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₹2.7 L/yr - ₹3.6 L/yr

arrow icon 13% less
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₹3 L/yr - ₹4.2 L/yr

arrow icon 17% less
Logo
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₹2.6 L/yr - ₹9.2 L/yr

arrow icon 51% more
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 18% less
View all
new Product Development Engineer salary at JBM Group ranges between ₹2.3 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 32 latest salaries received from various employees of JBM Group.

Latest annual salaries shared by JBM Group new Product Development Engineer

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8 years exp.
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2 years exp.
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Experience wise JBM Group new Product Development Engineer salaries

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3 L/yr
2 years  (6 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
3 years  (9 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (4 salaries)

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₹3 L/yr - ₹4.8 L/yr
5 years  (5 salaries)

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₹3.3 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in JBM Group

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₹1.95 L/yr - ₹2.7 L/yr
Development Engineer Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
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₹1.1 L/yr - ₹6 L/yr
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₹3.6 L/yr - ₹4.2 L/yr
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₹4.5 L/yr - ₹8.4 L/yr
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₹2.5 L/yr - ₹5.2 L/yr
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₹8 L/yr - ₹25 L/yr
Production Officer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.98 L/yr - ₹4 L/yr
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₹5.92 L/yr - ₹19.75 L/yr

Salary related reviews for JBM Group

2.7

Rated by 4 employees for salary & benefits

Full Time

 · 

Media Production & Entertainment Department

2.0
  •  posted on 17 Oct 2024

2.0
 for  Salary and Benefits

Likes

JBM has Job Security

  • Job security - Good

Dislikes

Work culture is worse here in JBM Chakan plant, Salary hike after GET is very less comparatively to Minda and other tire 1 companies. In Minda GET becomes Senior Engineer but here in JBM they promote GET to Engineer. They hire the same post of enginer with 1 yr experienced a lot better salary than the GET they promote. They hire new Engineer with 1 yr experience on 35-40k /month but the GET who promoted to Engineer they pay only 27k per month.

read more
  • Salary - Poor
    +5 more

Full Time

 · 

Quality Assurance Department

5.0
  •  posted on 16 Jul 2024

4.0
 for  Salary and Benefits

Likes

...s (DGM) have supported me for learning and taking the lead at various platforms. 3) In terms of salary they are one of the best, if you are performing management will always try not to leave you, they full fill the commitment. 4) Being new OEM, company is trying to meet other OEM culture, recently alternate Saturday off initiated

read more
  • Salary - Good
    +5 more

Dislikes

1) Canteen & Transportation facility yet to be started. 2) HR policies needs to be slightly improved, although improvement is there but pace is very slow.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 05 Jan 2022

3.0
 for  Salary and Benefits

Likes

... is very transparent, company policies are very good, open platform for work, Company provide sallery and bonus on time every year.

read more
  • Skill development - Excellent
    +4 more

Dislikes

Carrier financial growth is slow. From last 2 year a lot of politics developed inside. And due to this a lot of restrictions occur to survive a work oriented person in JBM and the frequency is in increasing mode with great rate.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 30 Jul 2019

3.0
 for  Salary and Benefits

Likes

  • Skill development - Good
    +4 more
  • Job security - Excellent
    +4 more

Dislikes

Compensation is decent but growth is slow.the work pressure is very high sometimes.i have to work 11-12 hr.parday managers do not value an individuals unique strength,i have to take back my suggestions most of the times

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Quality Engineering & Assurance Department

4.0
  •  posted on 15 May 2022

3.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling.company policies are good,appraisals are fair they give good salary hike and bonus every year.

read more
  • Skill development - Good
    +3 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

read more
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JBM Group new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at JBM Group?
new Product Development Engineer salary at JBM Group in India ranges between ₹2.3 Lakhs to ₹5.7 Lakhs for experience between 1 years to 8 years. According to our estimates it is 7% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 32 latest salaries received from various employees of JBM Group India.
How does the salary of a new Product Development Engineer at JBM Group India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at JBM Group is 7% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than JBM Group to a new Product Development Engineer in India?
  • Maruti Suzuki new Product Development Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
  • Hero MotoCorp new Product Development Engineer Salary - ₹6.5 Lakhs to ₹11.8 Lakhs per year
  • Bajaj Auto new Product Development Engineer Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
  • Apollo Tyres new Product Development Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
  • Subros new Product Development Engineer Salary - ₹2.6 Lakhs to ₹9.2 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to JBM Group in India?
  • Mahindra & Mahindra new Product Development Engineer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
  • Mando Automotive new Product Development Engineer Salary - ₹4.4 Lakhs to ₹5.1 Lakhs per year
  • Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
  • Pricol new Product Development Engineer Salary - ₹1.6 Lakhs to ₹7.0 Lakhs per year
  • Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at JBM Group in India?
The estimated take-home salary of a new Product Development Engineer at JBM Group ranges between ₹27,092 per month to ₹28,500 per month in India. The take-home salary calculation is based on the average JBM Group new Product Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at JBM Group?
According to AmbitionBox, 38% of the JBM Group new Product Development Engineers reported a notice period of 1 Month, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

JBM Group new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 JBM Group latest salaries received from various employees of JBM Group.