Kumar Elastomech new Product Development Engineer Salaries by 5 Employees

4 - 6 years exp.

₹3.6 Lakhs - ₹6 Lakhs

Salary of majority employees

26% 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
Unitech Plasto Components new Product Development Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr 51% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 21% less
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 35% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 27% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 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)	₹4.8 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 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

(9 salaries)

₹2.6 L/yr - ₹5.5 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)

₹3 L/yr - ₹5.4 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

(29 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

Skill development - Excellent

+2 more

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

Salary - Excellent

+6 more

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.

Skill development - Excellent

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

Salary - Bad

+5 more

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

Salary - Excellent

+6 more

Dislikes

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

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Kumar Elastomech new Product Development Engineer Salary FAQs

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

The average salary of a new Product Development Engineer at Kumar Elastomech in India typically ranges from ₹3.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of new Product Development Engineer at Kumar Elastomech earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. new Product Development Engineer Salaries at Kumar Elastomech 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 Kumar Elastomech employees in India.

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 in India typically ranges from ₹38,414 to ₹39,603 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 6 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 Kumar Elastomech. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Unitech Plasto Components	₹2.3 Lakhs to ₹3.8 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 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 Kumar Elastomech in India?

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

Experience	Average Salary Range
4 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years	₹3.6 Lakhs to ₹6.0 Lakhs per year

and so on.

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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.