JP Minda Group new Product Development Engineer Salaries by Employees (Updated 2025)

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₹4 Lakhs - ₹5.1 Lakhs

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Last Updated: 27 Jun 2024

Companies similar to JP Minda Group for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 9% more
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 22% more
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Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 36% less
TVS Motor new Product Development Engineer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹4.2 L/yr 42% less
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 88% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 97% more
Ashok Leyland new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.7 L/yr 21% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 79% more
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 12% more
HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 155% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 34% more
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new Product Development Engineer salary at JP Minda Group ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of JP Minda Group.

Similar Designation salaries in JP Minda Group

Production Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Quality Engineer Salary

(4 salaries)

₹2.05 L/yr - ₹4.4 L/yr

Junior Engineer Salary

(4 salaries)

₹2.75 L/yr - ₹2.8 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Salary related reviews for JP Minda Group

Area Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 12 Feb 2024

1.0

for Salary and Benefits

Likes

Lala type company' No salary on time. One months salary hold will company policy. Like if you will Join company 1 of January then company will give you 7th March your first salary. Company will give you tour advance 15K after one & half months you will complite. No HR Policy. No Hirarky. No will revert your mail if you asked any thing.

Dislikes

Nothing to like anything. Not capable management. If you will join this company you are fullice your carrier & your self.

Salary - Bad

+6 more

Company Secretary Of Jay Fe Cylinders Ltd. in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

1.0

• posted on 21 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing, worst organization specifically HOD of every department

Dislikes

Nothing Not a employees friendly organization, even employees struggling for day salary, more often during national and public holiday(s) salary part deducted from employees salary.

Salary - Bad

+6 more

Executive - Sales & Marketing in Siliguri

marketing and sales Department

3.0

• posted on 10 Nov 2019

1.0

for Salary and Benefits

Likes

working for a company with lot of heritage and quality. The standard of the products high in automotive sector, serving japanese brands is a accomplishment in itself.

Job security - Good

+1 more

Dislikes

The company adheres to age old hierachy and promotion and benefits pretty low depends upon the whim of the managers.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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JP Minda Group new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at JP Minda Group?

According to AmbitionBox, 100% of the JP Minda Group new Product Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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JP Minda Group new Product Development Engineer Salaries

JP Minda Group new Product Development Engineer salary in India ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of JP Minda Group.