Kumar Elastomech new Product Development Engineer Salaries by 5 Employees (Updated 2024)

4 - 6 years exp.

₹3.6 Lakhs - ₹6 Lakhs

Salary of majority employees

29% more than the average new Product Development Engineer Salary in Petrochemicals Companies for 4 - 6 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr
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Quality Assurance new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 23 May 2024

Companies similar to Kumar Elastomech for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Gears new Product Development Engineer Salary 5 - 9 years exp. (6 salaries)	₹3.1 L/yr - ₹4.5 L/yr 30% less
Havells new Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹5.5 L/yr - ₹8.6 L/yr 27% more
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L&T Technology Services new Product Development Engineer Salary 3 - 12 years exp. (4 salaries)	₹4.7 L/yr - ₹8 L/yr 12% more
Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹10.6 L/yr 70% more
Unitech Plasto Components new Product Development Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr 51% less

new Product Development Engineer salary at Kumar Elastomech ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kumar Elastomech.

Experience wise Kumar Elastomech new Product Development Engineer salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9.7 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
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6 years (3 salaries)	₹3.6 L/yr - ₹6 L/yr

Similar Designation salaries in Kumar Elastomech

Development Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹3.6 L/yr

Production Engineer Salary

(10 salaries)

₹2.6 L/yr - ₹4.35 L/yr

Production Manager Salary

(5 salaries)

₹4.3 L/yr - ₹6.15 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Engineer Salary

(5 salaries)

₹5.2 L/yr - ₹5.48 L/yr

Production Supervisor Salary

(5 salaries)

₹3 L/yr - ₹4 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Quality Engineer Salary

(32 salaries)

₹1.95 L/yr - ₹4 L/yr

Junior Engineer Salary

(7 salaries)

₹2.2 L/yr - ₹3.05 L/yr

Salary related reviews for Kumar Elastomech

Quality Engineer in Aurangabad

Quality Assurance Department

5.0

• posted on 27 Dec 2019

3.0

for Salary and Benefits

Likes

Best place for fresher. I had learnt many things over here. I was a best experience for me to work there

Dislikes

Salary is the worst thing over there. Company doesn't promote until and unless he/she is been working over there for 6-7year...till that salary increment was too worst

18-02-2019 in Pune

Finance & Accounting Department

5.0

• posted on 26 Jan 2021

5.0

for Salary and Benefits

Likes

Good work

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.there is a bond of 2years before which you cannot resign.on the training is not given to new joinees

Assistant System Co-ordinator in C-226/227 Waluj MIDC, Aurangabad

Finance & Accounting Department

3.0

• posted on 18 Sep 2021

1.0

for Salary and Benefits

Likes

I like the part that no one will stop you to learn Different things. You can Learn how much you want without any restriction.

Dislikes

The credit taking of Different HOD's & the DWM . DWM is good for all but there is no advantage of DWM in kumar. The worst core committee (Management) i ever seen. 0% of job Security 😔 Blank paper signs & thumb taking on 5 pages , they don't give you any kind of proof that you work in kumar like offer letter, joining letter , Salary structure/sleep, Id card !!!! Nothing

Production Engineer in Sanand

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Jul 2022

5.0

for Salary and Benefits

Likes

It is worthless if you work on third party tender. All your seniors will gain increment from your work and Services

Dislikes

Secure appraisal system is not transparent and promotion and role change also not consistent as employee desired.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kumar Elastomech new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Kumar Elastomech?

new Product Development Engineer salary at Kumar Elastomech in India ranges between ₹3.6 Lakhs to ₹6.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 29% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kumar Elastomech India.

How does the salary of a new Product Development Engineer at Kumar Elastomech India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Kumar Elastomech is 29% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kumar Elastomech to a new Product Development Engineer in India?

Thermax Limited new Product Development Engineer Salary - ₹6.3 Lakhs to ₹10.6 Lakhs per year
Havells new Product Development Engineer Salary - ₹5.5 Lakhs to ₹8.6 Lakhs per year
L&T Technology Services new Product Development Engineer Salary - ₹4.7 Lakhs to ₹8.0 Lakhs per year

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

Bharat Gears new Product Development Engineer Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
Unitech Plasto Components new Product Development Engineer Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Kumar Elastomech ranges between ₹38,414 per month to ₹39,603 per month in India. The take-home salary calculation is based on the average Kumar Elastomech new Product Development Engineer salary in India which ranges between ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Kumar Elastomech?

According to AmbitionBox, 100% of the Kumar Elastomech new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kumar Elastomech new Product Development Engineer Salaries

Kumar Elastomech new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kumar Elastomech latest salaries received from various employees of Kumar Elastomech.