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L.G.Balakrishnan & Bros new Product Development Engineer salaries in India

Annual salary range
0 - 8 years exp.
₹1.7 Lakh - ₹4.7 Lakhs
Salary of majority employees
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20% less than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 8 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 8 years exp. (27 salaries)
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₹1.7 L/yr - ₹4.7 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 - 5 years exp. (6 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Quality Assurance
new Product Development Engineer Salary
3 - 6 years exp. (4 salaries)
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₹3 L/yr - ₹3.3 L/yr

UX, Design & Architecture
new Product Development Engineer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.6 L/yr

Last Updated: 20 Jan 2025

Companies similar to L.G.Balakrishnan & Bros for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹11.3 L/yr

arrow icon 137% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 2% more
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₹3.9 L/yr - ₹5.6 L/yr

arrow icon 55% more
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 5% less
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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 31% more
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₹2 L/yr - ₹6.6 L/yr

arrow icon 39% more
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₹2.3 L/yr - ₹5.7 L/yr

arrow icon 16% more
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 8% more
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₹2.9 L/yr - ₹7.5 L/yr

arrow icon 48% more
Logo
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₹1.6 L/yr - ₹7 L/yr

arrow icon 52% more
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₹5.5 L/yr - ₹9 L/yr

arrow icon 106% more
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₹2 L/yr - ₹4.1 L/yr

arrow icon 11% more
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₹1.7 L/yr - ₹4.8 L/yr

arrow icon 8% more
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₹4.4 L/yr - ₹5.1 L/yr

arrow icon 55% more
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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 28% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 9% less
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₹3 L/yr - ₹4.2 L/yr

arrow icon 3% less
Logo
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₹2.6 L/yr - ₹9.2 L/yr

arrow icon 75% more
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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 17% more
new Product Development Engineer salary at L.G.Balakrishnan & Bros ranges between ₹1.7 Lakh to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 43 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Latest annual salaries shared by L.G.Balakrishnan & Bros new Product Development Engineer

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6 years exp.
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Experience wise L.G.Balakrishnan & Bros new Product Development Engineer salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.6 L/yr - ₹5.1 L/yr
1 year  (5 salaries)

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₹1.8 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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₹1.7 L/yr - ₹3.1 L/yr
3 years  (8 salaries)

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₹2.4 L/yr - ₹3.7 L/yr
4 years  (10 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
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Similar Designation salaries in L.G.Balakrishnan & Bros

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₹2.5 L/yr - ₹5.55 L/yr
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₹2.5 L/yr - ₹4 L/yr
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₹1.2 L/yr - ₹5 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹5.3 L/yr - ₹7.2 L/yr
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₹2 L/yr - ₹4 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Production Officer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.65 L/yr - ₹4.5 L/yr
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₹4 L/yr - ₹12 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

2.5

Rated by 6 employees for salary & benefits

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

As a quality engineer, I'll get more time free than production department

Dislikes

Worst canteen foods . Management nepotism. No good salary hike. Frustrated environment. Security guard also behave like the partners of the company. No respect given for engineers. You can't learn anything from your HODs because they don't have knowledge about their own respective field. Not able to work if you are a enginner and seeking the best salary , because they don't consider you are a professional degree holder rather than they will treat you like casual labour. Finally this company is not fitted for the professional engineers and you can't learn anything from that company. No free transport provided.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 27 Mar 2021

4.0
 for  Salary and Benefits

Likes

...nagement is transparent. There is a huge cafeteria and gaming policies are good.appraidals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +5 more

Dislikes

No

Engineering - Software & QA Department

4.0
  •  posted on 18 Jan 2022

1.0
 for  Salary and Benefits

Likes

Good work and culture.teammayes are supportive and the management is transparent.vompany policies are good,appraisals are fair and they give good salary and bonus every year

read more
  • Job security - Excellent

Dislikes

There are sometimes politics,salary good but career growth is slow.there is a contract bond 2 year before which you cannot resign.

read more
  • Salary - Bad
  • +1 more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 07 Feb 2018

4.0
 for  Salary and Benefits

Likes

The company is helpful for self development, high quality products. We work happily in collaboration.

  • Salary - Good
  • +6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. I have to work 12 - 14 hours straight in a day.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 11 Aug 2022

2.0
 for  Salary and Benefits

Likes

You can do your personal work by changing your shifts if the department head allows you. Remaining all the things could not be write in this like section. If I write those things over here, that will against to my conscience.

read more

Dislikes

...as an yearly increment. As a staff you will get increment upto ₹1000 - 2500. Then, they hold some percentage of money from your salary every month and gives you back as Diwali bonus. You need to pay money to food, biscuits& safety shoes. If you come to the company by car, strictly you need to park your vehicle out of the compound. They don't even gives you cleaning essentials (soap) to wash your hands even though you are working in oil.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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L.G.Balakrishnan & Bros new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at L.G.Balakrishnan & Bros?
new Product Development Engineer salary at L.G.Balakrishnan & Bros in India ranges between ₹1.7 Lakhs to ₹4.7 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 20% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 43 latest salaries received from various employees of L.G.Balakrishnan & Bros India.
How does the salary of a new Product Development Engineer at L.G.Balakrishnan & Bros India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at L.G.Balakrishnan & Bros is 20% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than L.G.Balakrishnan & Bros to a new Product Development Engineer in India?
  • Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year
  • Apollo Tyres new Product Development Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
  • Subros new Product Development Engineer Salary - ₹2.6 Lakhs to ₹9.2 Lakhs per year
  • Mando Automotive new Product Development Engineer Salary - ₹4.4 Lakhs to ₹5.1 Lakhs per year
  • Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to L.G.Balakrishnan & Bros in India?
  • Pricol new Product Development Engineer Salary - ₹1.6 Lakhs to ₹7.0 Lakhs per year
  • Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
  • UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
  • Suprajit Engineering new Product Development Engineer Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year
  • CIE Automotive new Product Development Engineer Salary - ₹3.3 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at L.G.Balakrishnan & Bros in India?
The estimated take-home salary of a new Product Development Engineer at L.G.Balakrishnan & Bros ranges between ₹23,046 per month to ₹24,514 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros new Product Development Engineer salary in India which ranges between ₹1.7 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at L.G.Balakrishnan & Bros?
According to AmbitionBox, 47% of the L.G.Balakrishnan & Bros new Product Development Engineers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L.G.Balakrishnan & Bros new Product Development Engineer salary in India ranges between ₹1.7 Lakh to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 43 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.