Kumar Industries new Product Development Engineer Salaries by Employees

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₹0.2 Lakh - ₹0.3 Lakh

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Last Updated: 14 Aug 2023

Companies similar to Kumar Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 1872% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 2267% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 4389% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 1464% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 1193% more

new Product Development Engineer salary at Kumar Industries ranges between ₹0.2 Lakh to ₹0.3 Lakh per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kumar Industries.

Similar Designation salaries in Kumar Industries

Production Engineer Salary

(10 salaries)

₹2.05 L/yr - ₹3.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Design Engineer Salary

(4 salaries)

₹2 L/yr - ₹2.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Production Supervisor Salary

(5 salaries)

₹2 L/yr - ₹3.25 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Quality Engineer Salary

(14 salaries)

₹1.7 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹2.7 L/yr

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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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Kumar Industries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Kumar Industries in India?

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

Experience	Average Salary Range
2 years	₹0.2 Lakhs to ₹0.3 Lakhs per year

and so on.

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Kumar Industries new Product Development Engineer Salaries

Kumar Industries new Product Development Engineer salary in India ranges between ₹0.2 Lakh to ₹0.3 Lakh. This is an estimate based on latest salaries received from employees of Kumar Industries.