Lakshmi Balaji Automotive Products new Product Development Engineer Salaries by 2 Employees (Updated 2025)

11 - 12 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Low Confidence

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Last Updated: 16 Aug 2023

Companies similar to Lakshmi Balaji Automotive Products 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 57% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 181% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 88% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 22% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr At par

new Product Development Engineer salary at Lakshmi Balaji Automotive Products ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Lakshmi Balaji Automotive Products.

Similar Designation salaries in Lakshmi Balaji Automotive Products

Production Engineer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Quality Engineer Salary

(4 salaries)

₹2.85 L/yr - ₹3.12 L/yr

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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Lakshmi Balaji Automotive Products new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Lakshmi Balaji Automotive Products?

According to AmbitionBox, 50% of the Lakshmi Balaji Automotive Products new Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lakshmi Balaji Automotive Products new Product Development Engineer Salaries

Lakshmi Balaji Automotive Products new Product Development Engineer salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs. This is an estimate based on latest salaries received from employees of Lakshmi Balaji Automotive Products.