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3.8

based on 77 Reviews

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Leo Precision Products Design and New Product Development Engineer salaries in India

Annual salary range
5 - 8 years exp.
₹3.5 Lakhs - ₹5.5 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.
Avg. annual salary
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Monthly In-hand Salary

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13% more than the average Design and New Product Development Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Design and New Product Development Engineer Salary
5 - 8 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Research & Development
Design and New Product Development Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 1 Aug 2024

Companies similar to Leo Precision Products for Design and New Product Development Engineer

Company name Avg Annual Salary Open Jobs
Logo
Kewaunee Scientific Corporation Design and New Product Development Engineer Salary

4 - 7 years exp. (4 salaries)
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₹3.8 L/yr - ₹5.1 L/yr

arrow icon 3% less
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Sri Balaji Assemblies Plastics Design and New Product Development Engineer Salary

3 - 7 years exp. (4 salaries)
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₹1.8 L/yr - ₹6 L/yr

arrow icon 10% less
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Pricol Design and New Product Development Engineer Salary

1 - 7 years exp. (4 salaries)
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₹1.6 L/yr - ₹6.3 L/yr

arrow icon 17% less
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Samvardhana Motherson Group Design and New Product Development Engineer Salary

3 - 4 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.8 L/yr

arrow icon 38% less
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MK TRON Autoparts Design and New Product Development Engineer Salary

1 - 4 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.6 L/yr

arrow icon 37% less
Design and New Product Development Engineer salary at Leo Precision Products ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Leo Precision Products.

Latest annual salaries shared by Leo Precision Products Design and New Product Development Engineer

5mo ago
₹5.5 Lakhs
8 years exp.
10mo ago
₹5.5 Lakhs
7 years exp.
1y ago
₹4.5 Lakhs
6 years exp.
1y ago
₹3.5 Lakhs
5 years exp.

Experience wise Leo Precision Products Design and New Product Development Engineer salaries

Last Updated: 1 Aug 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in Leo Precision Products

Product Design Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Senior Design Engineer Salary
(7 salaries)
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₹3.5 L/yr - ₹9 L/yr
Junior Design Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Design Engineer Salary
(15 salaries)
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₹2 L/yr - ₹4.2 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Project Engineer Salary
(8 salaries)
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₹2.75 L/yr - ₹4.3 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Senior Engineer Salary
(4 salaries)
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₹7.2 L/yr - ₹10.5 L/yr
Junior Engineer Salary
(3 salaries)
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₹1.95 L/yr - ₹2.2 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Salary related reviews for Leo Precision Products

3.0

Rated by 1 employees for salary & benefits

CNC Operator in Silvassa / Dadra & Nagar Haveli

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 28 Aug 2023
2.0
 for  Salary and Benefits

Likes

Good CNC machines Salary on time Overtime for operators Full AC workshop inside Canteen available

read more

Dislikes

Worst culture Small scale company, even plant head doesn't have its job security. Changes ever year Full politics from top to bottom Copying ASB international No job security No work life balance Too less salary increment

read more
  • Salary - Poor
    • +5 more

CNC Engineer in Silvassa / Dadra & Nagar Haveli

Manufacturing Department

1.0
  •  posted on 06 Nov 2022
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...y policy, any time any moment uneducated management team changed their policy. May be they will decrease your salary for undigestible reason in middle of the year, And HR team will say we forgot to mention this deductible point on your salary structure. And main point THIS COMPANY IS NOT PROVIDE ANY TYPE OF JOINING LETTER OR APPOINTMENT LETTER. If you want this documents to HR, then you need to use slang language to HR to get your letters. After that also, no any guaranty to get. HR team is not capable to handel the company. For example, if your salary came less in this month, so you will tell to HR about this. Then, HR say to you next month definitely will come that amount of money with your salary. Very good, But the twist is this same process you will repeat and repeat again in every month, but that amount of money is not came until you use of slang language to your manager or HR.

read more
  • Salary - Bad
    • +6 more

Injection Blow Molding Production Engineer in Silvaasa

Production, Manufacturing & Engineering Department

5.0
  •  posted on 04 Jan 2022
5.0
 for  Salary and Benefits

Likes

All day learning new - new tool trials good knowledge learned about tool design manufacturing maintenance single stage and two stage blowing molds manufacturer

read more
  • Salary - Excellent
    • +5 more

Dislikes

not a big point about dislike company culture is little not well company policies also

Automotive, Preform And Blow Mould Design Development Engineer in Daman And Diu, Amli Silvassa.

Production, Manufacturing & Engineering Department

3.0
  •  posted on 07 Sep 2021
3.0
 for  Salary and Benefits

Likes

M/S Leo precision products Pvt Ltd, is on of the mould manufacturing company, dealing with cap & closer, preform mould and single stage blow moulding, like ASB international. My working experience with Leo precision products Pvt Ltd, is good, it is very fast growing company. Currently working as a design and New product development. About job security is good, work culture and management is average, company policies are best as per norms .

read more
  • Skill development - Good
    • +1 more

VMC Engineer in Aamli

Research & Development Department

5.0
  •  posted on 29 Jan 2022
5.0
 for  Salary and Benefits

Likes

Hii this is amit i am working on 2021 it's a very good company for learner and senior person are very helpful and most things in this company our hod is very humble and supportive thanks for give this opportunity

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

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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Leo Precision Products Design and New Product Development Engineer Salary FAQs

What is the salary of Design and New Product Development Engineer at Leo Precision Products ?
The average salary of a Design and New Product Development Engineer at Leo Precision Products in India typically ranges from ₹3.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Design and New Product Development Engineer at Leo Precision Products earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Design and New Product Development Engineer Salaries at Leo Precision Products 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 4 Leo Precision Products employees in India.
What is the estimated take home salary of a Design and New Product Development Engineer at Leo Precision Products in India?
The estimated take-home salary of a Design and New Product Development Engineer at Leo Precision Products in India typically ranges from ₹35,556 to ₹36,787 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 salaries received from various employees of Leo Precision Products. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Design and New Product Development Engineer in companies similar to Leo Precision Products in India?
The salary of a Design and New Product Development Engineer at companies similar to Leo Precision Products in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kewaunee Scientific Corporation ₹3.8 Lakhs to ₹5.1 Lakhs per year
Sri Balaji Assemblies Plastics ₹1.8 Lakhs to ₹6.0 Lakhs per year
Pricol ₹1.6 Lakhs to ₹6.3 Lakhs per year
MK TRON Autoparts ₹2.4 Lakhs to ₹3.6 Lakhs per year
Samvardhana Motherson Group ₹2.5 Lakhs to ₹3.8 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 Design and New Product Development Engineer at Leo Precision Products in India?
The salary growth for a Design and New Product Development Engineer at Leo Precision Products depends on factors such as experience, performance, and promotions. On average, a Design and New Product Development Engineer can expect the following growth trajectory at Leo Precision Products:

Experience Average Salary Range
5 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
8 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

Leo Precision Products Design and New Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Leo Precision Products latest salaries received from various employees of Leo Precision Products.