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Laxmi Electronics Moulds And Precisionengineering new Product Development Engineer salaries in India (Updated 2025)

Annual salary range
12 - 14 years exp.
₹7.3 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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103% more than the average new Product Development Engineer Salary for 12 - 14 years of experience

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Last Updated: 23 Jan 2025

Companies similar to Laxmi Electronics Moulds And Precisionengineering for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.2 L/yr

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₹2.6 L/yr - ₹4.5 L/yr

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₹1.7 L/yr - ₹3.8 L/yr

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₹3.4 L/yr - ₹5.9 L/yr

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₹4 L/yr - ₹6.2 L/yr

arrow icon 35% less
new Product Development Engineer salary at Laxmi Electronics Moulds And Precisionengineering ranges between ₹7.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Laxmi Electronics Moulds And Precisionengineering.

Latest annual salaries shared by Laxmi Electronics Moulds And Precisionengineering new Product Development Engineer

3d ago
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14 years exp.
1mo ago
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13 years exp.
10mo ago
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12 years exp.

Experience wise Laxmi Electronics Moulds And Precisionengineering new Product Development Engineer salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
14 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Laxmi Electronics Moulds And Precisionengineering

Production Engineer Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹4 L/yr - ₹5.8 L/yr
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₹2.6 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for Laxmi Electronics Moulds And Precisionengineering

Sales & Business Development Department

3.0
  •  posted on 09 May 2021

3.0
 for  Salary and Benefits

Likes

Working atmosphere is good but the we annoy expect the career growth because of more number of experienced people above 15 years.

read more
  • Skill development - Good
  • +2 more

Dislikes

No yearly salary hike .very less bonus. Very less benefits from the company.

read more
  • Promotions - Poor

Contractual

 · 

Engineering - Software & QA Department

1.0
  •  posted on 31 Jan 2024

1.0
 for  Salary and Benefits

Likes

Some of the Moulding Supervisors are very Good and friendly...

Dislikes

Some of the Moulding Supervisors are very rash in speaking, they use very bad words to operators and they really treat the operators as street dogs...

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

Laxmi Electronics Moulds And Precisionengineering new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Laxmi Electronics Moulds And Precisionengineering?
According to AmbitionBox, 100% of the Laxmi Electronics Moulds And Precisionengineering new Product Development Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Laxmi Electronics Moulds And Precisionengineering new Product Development Engineer salary in India ranges between ₹7.3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Laxmi Electronics Moulds And Precisionengineering latest salaries received from various employees of Laxmi Electronics Moulds And Precisionengineering.