L.G.Balakrishnan & Bros Product Development Engineer Salaries by 6 Employees (Updated 2024)

3 - 4 years exp.

₹2.5 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Product Development Engineer Salary in Auto Components Companies for 3 - 4 years of experience

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Last Updated: 13 Sep 2024

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

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Product Development Engineer Salary 1 - 6 years exp. (18 salaries)	₹2 L/yr - ₹7 L/yr 57% more
Endurance Technologies Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 35% more
Login to view exact salary
Faurecia Product Development Engineer Salary 5 - 16 years exp. (11 salaries)	₹8 L/yr - ₹16.5 L/yr 280% more
Pricol Product Development Engineer Salary 3 - 7 years exp. (9 salaries)	₹2.5 L/yr - ₹6.8 L/yr 29% more
Apollo Tyres Product Development Engineer Salary 3 - 11 years exp. (8 salaries)	₹6.8 L/yr - ₹11.4 L/yr 176% more
JBM Group Product Development Engineer Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr 22% less
TVS Sundram Fasteners Product Development Engineer Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 53% more
CIE Automotive Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 2% less
Motherson Automotive Technologies and Engineering Product Development Engineer Salary 0 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 8% more

Product Development Engineer salary at L.G.Balakrishnan & Bros ranges between ₹2.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Experience wise L.G.Balakrishnan & Bros Product Development Engineer salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.6 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

New Product Development Engineer Salary

(44 salaries)

₹1.7 L/yr - ₹4.68 L/yr

Development Engineer Salary

(8 salaries)

₹2.5 L/yr - ₹4 L/yr

Production Engineer Salary

(183 salaries)

₹1.2 L/yr - ₹4.8 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Project Engineer Salary

(12 salaries)

₹2 L/yr - ₹4 L/yr

Senior Design Engineer Salary

(7 salaries)

₹5.3 L/yr - ₹7.2 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Assistant Engineer Salary

(467 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Production Manager Salary

(10 salaries)

₹4 L/yr - ₹12 L/yr

Design Engineer Salary

(72 salaries)

₹1.2 L/yr - ₹4.8 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

3.4

Rated by 2 employees for salary & benefits

Quality Engineer in Bangalore / Bengaluru

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.

Production Supervisor in Coimbatore

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.

Dislikes

Production Supervisor in Jalna

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

Dislikes

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

Senior Engineer in Karur

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.

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.

Tool Room Engineer in Manesar

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much to like

Dislikes

...n the favour of organization Our salary benefits goes in favour of company As per promised salary is same but in salary structure the story is complete different

see more salary related reviews

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Salary Discussions, Hike & Promotions

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

What is the salary of Product Development Engineer at L.G.Balakrishnan & Bros?

Product Development Engineer salary at L.G.Balakrishnan & Bros in India ranges between ₹2.5 Lakhs to ₹5.6 Lakhs for experience between 3 years to 4 years. According to our estimates it is 60% less than the average Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of L.G.Balakrishnan & Bros India.

How does the salary of a Product Development Engineer at L.G.Balakrishnan & Bros India compare with the average salary range for this job?

The average salary of a Product Development Engineer at L.G.Balakrishnan & Bros is 60% less than the average salary of a 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 Product Development Engineer in India?

Faurecia Product Development Engineer Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year
Apollo Tyres Product Development Engineer Salary - ₹6.8 Lakhs to ₹11.4 Lakhs per year
Samvardhana Motherson Group Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
TVS Sundram Fasteners Product Development Engineer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Endurance Technologies Product Development Engineer Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Product Development Engineer in companies similar to L.G.Balakrishnan & Bros in India?

Pricol Product Development Engineer Salary - ₹2.5 Lakhs to ₹6.8 Lakhs per year
Motherson Automotive Technologies and Engineering Product Development Engineer Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
CIE Automotive Product Development Engineer Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
JBM Group Product Development Engineer Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year

What is the estimated take home salary of a Product Development Engineer at L.G.Balakrishnan & Bros in India?

The estimated take-home salary of a Product Development Engineer at L.G.Balakrishnan & Bros ranges between ₹22,604 per month to ₹24,078 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros Product Development Engineer salary in India which ranges between ₹2.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at L.G.Balakrishnan & Bros?

According to AmbitionBox, 50% of the L.G.Balakrishnan & Bros Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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L.G.Balakrishnan & Bros Product Development Engineer Salaries

L.G.Balakrishnan & Bros Product Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.