Kikuwa India new Product Development Engineer Salaries by 4 Employees

3 - 8 years exp.

₹2.3 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average new Product Development Engineer Salary in Industrial Machinery Companies for 3 - 8 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.2 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 25 Aug 2023

Companies similar to Kikuwa India for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 230% more
Europa Locks new Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹4 L/yr - ₹6.2 L/yr 29% more
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Radheya Machining new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹4.2 L/yr 18% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 3% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 15% less

new Product Development Engineer salary at Kikuwa India ranges between ₹2.3 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kikuwa India.

Experience wise Kikuwa India new Product Development Engineer salaries

Last Updated: 25 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Kikuwa India

Production Engineer Salary

(6 salaries)

₹1.9 L/yr - ₹5.3 L/yr

Assistant Engineer Salary

(14 salaries)

₹2.5 L/yr - ₹6 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(3 salaries)

₹4.3 L/yr - ₹5.7 L/yr

Production Supervisor Salary

(4 salaries)

₹4.2 L/yr - ₹4.2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Quality Engineer Salary

(4 salaries)

₹2.9 L/yr - ₹3.95 L/yr

Junior Engineer Salary

(12 salaries)

₹2.1 L/yr - ₹4.12 L/yr

Salary related reviews for Kikuwa India

Senior Manager NPD And QA Automotive Industry (working remotely)

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Oct 2024

5.0

for Salary and Benefits

Likes

As a Senior Manager QA and NPD last 7 years worked there and improve company as well as personnel too... Once again I would like to work in this organisation .if I get a chance to lead the new role of operation head always.

Salary - Excellent

+6 more

Dislikes

Nil

Assistant Manager in Sricity, Chittoor District, Andhra Pradesh

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 25 Apr 2021

5.0

for Salary and Benefits

Likes

Management very supporting to improve meddle level employees skill development, Work-life balance is too good. Facilities are good. Well Job security

Salary - Excellent

+6 more

Dislikes

HOD's inadequate knowledge, Growth is very low, Salaries not give much compare to like other european MNC. Management mostly trust old employees, but that employees not worth for that.

Senior Engineer- Maintenance

Production, Manufacturing & Engineering Department

4.0

• posted on 16 May 2018

3.0

for Salary and Benefits

Likes

Kikuwa India Pvt Ltd is new company started in 2014 and providing die casting automobile parts. If there is so many challenging tasks in day by day production due to developing company.

Skill development - Good

+2 more

Dislikes

Administration and controls.

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Salary Discussions, Hike & Promotions

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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Kikuwa India new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Kikuwa India ?

The average salary of a new Product Development Engineer at Kikuwa India in India typically ranges from ₹2.3 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of new Product Development Engineer at Kikuwa India earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. new Product Development Engineer Salaries at Kikuwa India 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 Kikuwa India employees in India.

What is the estimated take home salary of a new Product Development Engineer at Kikuwa India in India?

The estimated take-home salary of a new Product Development Engineer at Kikuwa India in India typically ranges from ₹28,728 to ₹30,111 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 3 years to 8 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 Kikuwa India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kikuwa India for new Product Development Engineer in India?

SPX Flow Technology	₹9.5 Lakhs to ₹16.5 Lakhs per year
Europa Locks	₹4.0 Lakhs to ₹6.2 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kikuwa India, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Kikuwa India in India?

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

L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Radheya Machining	₹2.0 Lakhs to ₹4.2 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 Kikuwa India in India?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
8 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Kikuwa India new Product Development Engineer Salaries

Kikuwa India new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kikuwa India latest salaries received from various employees of Kikuwa India.