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3.9

based on 67 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.
Salary of majority employees
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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
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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 - 6 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

4mo ago
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8 years exp.
9mo ago
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7 years exp.
1y ago
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6 years exp.
1y ago
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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
(18 salaries)
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₹3 L/yr - ₹6.2 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Project Engineer Salary
(7 salaries)
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₹3.3 L/yr - ₹4.8 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

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

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

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 .

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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
see more salary related reviews

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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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?
Design and New Product Development Engineer salary at Leo Precision Products in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for experience between 5 years to 8 years. According to our estimates it is 13% more than the average Design and New Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Leo Precision Products India.
How does the salary of a Design and New Product Development Engineer at Leo Precision Products India compare with the average salary range for this job?
The average salary of a Design and New Product Development Engineer at Leo Precision Products is 13% more than the average salary of a Design and New Product Development Engineer in India. To know exact salary insights, login to view.
What is the salary of a Design and New Product Development Engineer in companies similar to Leo Precision Products in India?
  • Kewaunee Scientific Corporation Design and New Product Development Engineer Salary - ₹3.8 Lakhs to ₹5.1 Lakhs per year
  • Sri Balaji Assemblies Plastics Design and New Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
  • Pricol Design and New Product Development Engineer Salary - ₹1.6 Lakhs to ₹6.3 Lakhs per year
  • MK TRON Autoparts Design and New Product Development Engineer Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
  • Samvardhana Motherson Group Design and New Product Development Engineer Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
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 ranges between ₹35,556 per month to ₹36,787 per month in India. The take-home salary calculation is based on the average Leo Precision Products Design and New Product Development Engineer salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Design and New Product Development Engineer at Leo Precision Products?
According to AmbitionBox, 67% of the Leo Precision Products Design and New Product Development Engineers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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.