Kirloskar Ferrous Industries new Product Development Engineer Salaries by 3 Employees (Updated 2025)

6 - 7 years exp.

₹3.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

12% less than the average new Product Development Engineer Salary in Iron & Steel Companies for 6 - 7 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.4 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 16 Apr 2023

Companies similar to Kirloskar Ferrous Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
MM Forgings new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.1 L/yr 29% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 13% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 9% less
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 5% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 29% less

new Product Development Engineer salary at Kirloskar Ferrous Industries ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Kirloskar Ferrous Industries.

Experience wise Kirloskar Ferrous Industries new Product Development Engineer salaries

Last Updated: 16 Apr 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.6 L/yr

Similar Designation salaries in Kirloskar Ferrous Industries

Development Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Production Engineer Salary

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₹3 L/yr - ₹5 L/yr

Senior Design Engineer Salary

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₹4.8 L/yr - ₹5.3 L/yr

Project Engineer Salary

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₹4.1 L/yr - ₹5.2 L/yr

Assistant Engineer Salary

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₹1.5 L/yr - ₹4.85 L/yr

Production Manager Salary

(7 salaries)

₹8 L/yr - ₹10.6 L/yr

Design Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹4.8 L/yr

Mechanical Engineer Salary

(12 salaries)

₹1.8 L/yr - ₹6.25 L/yr

Senior Engineer Salary

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₹3 L/yr - ₹8.27 L/yr

Production Supervisor Salary

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₹2 L/yr - ₹5 L/yr

Salary related reviews for Kirloskar Ferrous Industries

1.0

Rated by 1 employees for salary & benefits

New Product Development Engineer in Solapur

Full Time

Research & Development Department

1.0

• posted on 04 Sep 2023

1.0

for Salary and Benefits

Likes

The appraisals are done yearly

Dislikes

No work life balance. Too much dust and not good for health. Salary structure not proper, trainees having more salary than existing employees working from 5-6 years. Discrimination for people like only one work for new people with more salary and existing employees should do many tasks in less salary. In time is fix but out time is horrible, if we complete work on specified time still they ask to stay for extra 2 hours. Company culture is really horrible

Salary - Bad

+5 more

Assistant Engineer in Solapur

Full Time

Other Department

5.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

Just working in LTD company which has job security.

Job security - Excellent

Dislikes

Salary less Promotion less No work life balance Human nature is poor Not understanding employee feelings No enjoyment in working No enhancement games and other activity carried out. Attractive environment no trees dull environment to work. Feels like came into jail for work

Promotions - Poor

+2 more

Senior Engineer in Ahmednagar

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 19 Jul 2024

2.0

for Salary and Benefits

Likes

Canteen facility, guest house ismt club membership, activity etc. Safety.

Dislikes

Work culture, management, job duration etc. No overtime, no extra leave, work load less salary. Less manpower, poor automation etc.

Salary - Poor

+5 more

Deputy Manager in Working In Factory Located At Solapur

Full Time

Engineering - Software & QA Department

5.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Always mativational support for enhansing to develop technical as well as personal skill, new learnings from our senior mgmt. Decision making.

Salary - Good

+6 more

Dislikes

Need to Improve work culture. Proper way of appraisals corelate with annual salary increament also annual increament should do in time.

Production Engineer

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Jul 2019

3.0

for Salary and Benefits

Likes

First off all thanks to Kirloskar for giving me an opportunity to work with this organization. Good environment to work.The management always support us to share our ideas and also help us to develop new things. I very much happy to work here.

Skill development - Good

+5 more

Dislikes

I compensation is decent, but growth is slow.The work pressure is normal.I do receive appreciation by our clients and also from our customers but they mostly unnoticed during my appraisal .

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kirloskar Ferrous Industries new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Kirloskar Ferrous Industries?

According to AmbitionBox, 50% of the Kirloskar Ferrous Industries new Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kirloskar Ferrous Industries new Product Development Engineer Salaries

Kirloskar Ferrous Industries new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kirloskar Ferrous Industries latest salaries received from various employees of Kirloskar Ferrous Industries.

Kirloskar Ferrous Industries new Product Development Engineer salaries in India

Companies similar to Kirloskar Ferrous Industries for new Product Development Engineer

Latest annual salaries shared by Kirloskar Ferrous Industries new Product Development Engineer

Experience wise Kirloskar Ferrous Industries new Product Development Engineer salaries

Similar Designation salaries in Kirloskar Ferrous Industries

Salary related reviews for Kirloskar Ferrous Industries

New Product Development Engineer in Solapur

Assistant Engineer in Solapur

Senior Engineer in Ahmednagar

Deputy Manager in Working In Factory Located At Solapur

Production Engineer

Kirloskar Ferrous Industries new Product Development Engineer Salary FAQs

Tell us how to improve this page.