Klassic Wheels new Product Development Engineer Salaries by 5 Employees

1 - 5 years exp.

₹1.8 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.8 L/yr
Login to view exact salary
Research & Development new Product Development Engineer Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr

Last Updated: 16 Jan 2024

Companies similar to Klassic Wheels for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 27% less
Caparo Engineering India new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 41% less
Login to view exact salary
Aditya Auto Products & Engineering new Product Development Engineer Salary 2 - 9 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 3% more
Enco Engineers Combine new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 1% more
Sekisui Dljm Molding new Product Development Engineer Salary 3 - 7 years exp. (5 salaries)	₹3.2 L/yr - ₹4.1 L/yr 10% more
Ahresty India new Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹5.5 L/yr 14% more
Pricol Engineering Industries new Product Development Engineer Salary 1 year exp. (3 salaries)	₹1.7 L/yr - ₹3.4 L/yr 15% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 32% more

new Product Development Engineer salary at Klassic Wheels ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Klassic Wheels.

Experience wise Klassic Wheels new Product Development Engineer salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Klassic Wheels

Product Development Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Development Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.3 L/yr

Production Engineer Salary

(15 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(5 salaries)

₹3.65 L/yr - ₹6.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Production Manager Salary

(4 salaries)

₹6 L/yr - ₹6.35 L/yr

Design Engineer Salary

(14 salaries)

₹1.7 L/yr - ₹4.3 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Engineer Salary

(26 salaries)

₹2.2 L/yr - ₹4.85 L/yr

Production Supervisor Salary

(39 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Salary related reviews for Klassic Wheels

QC Engineer in Ahmednagar

Quality Assurance Department

4.0

• posted on 25 Sep 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is Transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Salary is decent bat career is slow. Increment is also very slow. Post increments are not fixed.

Junior Engineer Quality Control in Ahmednagar

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Jun 2022

3.0

for Salary and Benefits

Likes

Best for learning new program skill related about work and good work environment culture

Skill development - Good

+3 more

Dislikes

There is no humanity at work only poltics on new joining trainers and salary gives very less and no fastly career growth

Engineer Trainee in Ahmednagar

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Jul 2018

2.0

for Salary and Benefits

Likes

We work happily in collaboration in Department section only.

Dislikes

Compensation is decent,but growth is very very slow. Work pressure depends in situation.Managee Do not value an individual's unique quality or strength. Rough politics, also their is no on job training so it's became painful.

Salary - Poor

+4 more

Quality Assurance Quality Control Engineer in Ahmednagar

Quality assurance Department

5.0

• posted on 30 Sep 2017

5.0

for Salary and Benefits

Likes

The company is open to innovatio and readily adopts latest technology.im I love the fact that i am a part of team that markets reliable, high quality products and has a global client base

Salary - Excellent

+3 more

Dislikes

Sometimes work pressure is very high.

Quality Control And Production Engineer in Ahemadnagar

Full Time

Finance & Accounting Department

5.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

You will get good platform to learn new things.Company will give you as much as responsibilities you can handle.Good work culture, supportive Junior and seniors.If you are effective in your duties, your job is very safe.Management of company also a very kind and supportive.

Skill development - Excellent

+3 more

Dislikes

Less wages as compared to similar organizations. No bus facility. Poor canteen service and you have pay for that.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Klassic Wheels?

Ask anonymously on communities.

Klassic Wheels new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Klassic Wheels ?

The average salary of a new Product Development Engineer at Klassic Wheels in India typically ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of new Product Development Engineer at Klassic Wheels earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. new Product Development Engineer Salaries at Klassic Wheels 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 5 Klassic Wheels employees in India.

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

The estimated take-home salary of a new Product Development Engineer at Klassic Wheels in India typically ranges from ₹24,755 to ₹26,198 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Klassic Wheels. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Seoyon E-hwa Automotive	₹3.4 Lakhs to ₹5.9 Lakhs per year
Ahresty India	₹2.3 Lakhs to ₹5.5 Lakhs per year
Sekisui Dljm Molding	₹3.2 Lakhs to ₹4.1 Lakhs per year
Aditya Auto Products & Engineering	₹2.0 Lakhs to ₹5.0 Lakhs per year
Enco Engineers Combine	₹2.6 Lakhs to ₹4.5 Lakhs per year

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

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

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

Pricol Engineering Industries	₹1.7 Lakhs to ₹3.4 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 Lakhs per year
Caparo Engineering India	₹1.4 Lakhs to ₹3.2 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 Klassic Wheels in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Klassic Wheels Salaries >
Klassic Wheels new Product Development Engineer Salaries

Klassic Wheels new Product Development Engineer salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Klassic Wheels latest salaries received from various employees of Klassic Wheels.