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Kalyani Technoforge new Product Development Engineer salaries in Pune

Annual salary range
0 - 2 years exp.
₹2.8 Lakhs - ₹4.4 Lakhs
Salary of majority employees
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12% less than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
new Product Development Engineer Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.4 L/yr

Research & Development
new Product Development Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 17 Apr 2023

Companies similar to Kalyani Technoforge for new Product Development Engineer in Pune

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Kalyani Technoforge new Product Development Engineer Salary

0 - 2 years exp. (4 salaries)

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₹2.8 L/yr - ₹4.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 1% more
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₹3 L/yr - ₹5.6 L/yr

arrow icon 17% more
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₹2.8 L/yr - ₹7 L/yr

arrow icon 34% more
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₹11.6 L/yr - ₹16.4 L/yr

arrow icon 260% more
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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 35% less
new Product Development Engineer salary at Kalyani Technoforge ranges between ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Kalyani Technoforge.

Latest annual salaries shared by Kalyani Technoforge new Product Development Engineer in Pune

1y ago
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1 year exp.

Experience wise Kalyani Technoforge new Product Development Engineer salaries in Pune

Last Updated: 17 Apr 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Kalyani Technoforge

Senior Engineer Salary
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₹2.9 L/yr - ₹4.7 L/yr
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₹2.3 L/yr - ₹3.5 L/yr
Design Engineer Salary
(15 salaries)
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₹2.4 L/yr - ₹6 L/yr
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₹2.45 L/yr - ₹3.25 L/yr
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₹5.7 L/yr - ₹12.5 L/yr

Salary related reviews for Kalyani Technoforge

Research & Development Department

3.0
  •  posted on 07 Dec 2018

2.0
 for  Salary and Benefits

Likes

Very good people, good training facilities, good work environment than other forging companies, innovative company

  • Skill development - Good
  • +2 more

Dislikes

Salary compensation not good considering skillset of individual, work life balance is very poor, most of the employees are overloaded with work, canteen is very poor, hr policies aren't much good

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 14 Dec 2023

1.0
 for  Salary and Benefits

Likes

CSR activities are one of the best parts where you can feel proud about being a part of an organisation. Employee development initiatives are well mapped out. GPTW initiatives are also something which is really appreciable.

read more
  • Skill development - Good

Dislikes

... Kalyani Technoforge. Zero work life balance. Zero flexibility in working hours. They can deduct half day salary of an employee in lieu of 52 seconds time shortage for total working hours. Zero control of management over office politics. Old employees are leaders of office politics, and they play favouritisms. Worst part of working with Kalyani as an organisation came when, under the name of CCR (Before joining I was completely unaware of this CCR concept) Kalyani company deducted Rs. 92162 from my full and final statement. Again, there are examples where they gave complete exception to some of the employees from CCR which is again backing up my point of favouritism. Kalyani company deducted my salary of 1.5 month, deducted Diwali bonus of a year which was approximately Rs. 26000 (here I want to clear that the bonus was part of my CTC and it was not Diwali gift or it was not performance-based amount, it was part of my salary deducted on monthly basis and it was meant to be given before Diwali but in the end, Kalyani company deducted it under the name of CCR) and also deducted leave encashment of around 35 days. Employees working with KTFL don't have right to leave the organisation without these deductions even after formal resignation and even after serving considerably nice number of days as a notice period. Worst organisational culture experienced so far.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 07 May 2023

1.0
 for  Salary and Benefits

Likes

You are always under pressure while working.

Dislikes

To be honest. Do not join the organization in corporate office. It's too much politics and they do not even pay you good. Most of the days you will be working extra hour but they will not give any compensation for that

read more
  • Salary - Bad
  • +6 more

Quality Assurance Department

3.0
  •  posted on 28 Jun 2022

4.0
 for  Salary and Benefits

Likes

Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +1 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.no value for skills,values are only on board.

read more
  • Skill development - Poor

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 10 Jan 2022

3.0
 for  Salary and Benefits

Likes

In company there is a friendly environment, 80 % young generation employee so ready to co-operate easily.

  • Skill development - Good

Dislikes

...tain specific people and there is no any criteria to decide is is good or bad. Salary is not as per market standards. There is too much politics in company The canteen food quality is very poor

read more
  • Job security - Poor
  • +1 more
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Kalyani Technoforge new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Kalyani Technoforge in Pune?
The average salary of a new Product Development Engineer at Kalyani Technoforge in Pune typically ranges from ₹2.8 Lakhs to ₹4.4 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of new Product Development Engineer in Pune at Kalyani Technoforge earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. new Product Development Engineer Salaries at Kalyani Technoforge 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 Kalyani Technoforge employees in India.
What is the estimated take home salary of a new Product Development Engineer at Kalyani Technoforge in Pune?
The estimated take-home salary of a new Product Development Engineer at Kalyani Technoforge in Pune typically ranges from ₹27,724 to ₹29,122 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from Fresher to 2 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 Kalyani Technoforge. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kalyani Technoforge for new Product Development Engineer in India?
Michelin ₹11.6 Lakhs to ₹16.4 Lakhs per year
SKH Metals ₹2.8 Lakhs to ₹7.0 Lakhs per year
Motherson Automotive Technologies and Engineering ₹3.0 Lakhs to ₹5.6 Lakhs per year
Belrise Industries ₹2.2 Lakhs to ₹5.4 Lakhs per year

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

Wadhokar ₹1.5 Lakhs to ₹3.6 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 Kalyani Technoforge in Pune?
The salary growth for a new Product Development Engineer at Kalyani Technoforge in Pune depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Pune can expect the following growth trajectory at Kalyani Technoforge:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year ₹3.8 Lakhs to ₹4.8 Lakhs per year
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Kalyani Technoforge new Product Development Engineer salary in Pune ranges between ₹2.8 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kalyani Technoforge latest salaries received from various employees of Kalyani Technoforge.