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Annual salary range
23 - 24 years exp.
₹11.7
Lakhs - ₹15
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Salaries in different departments
Production, Manufacturing & Engineering
Manager new Product Development Salary
24
years
exp.
(AmbitionBox Estimate)
|  ₹12.6 L/yr - ₹15.4 L/yr |
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| |
Project & Program Management
Manager new Product Development Salary
23
years
exp.
(AmbitionBox Estimate)
| ₹10.8 L/yr - ₹13.2 L/yr |
Companies similar to Magna Electro Castings for Manager new Product Development
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kirloskar Brothers Manager new Product Development Salary
0 - 20 years exp. (3 salaries) | ₹9.1 L/yr - ₹15 L/yr 
5%
less | |
 Siemens Manager new Product Development Salary
12 - 17 years exp. (4 salaries) | ₹18.3 L/yr - ₹20.4 L/yr 
44%
more | |
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| ||
 Havells Manager new Product Development Salary
11 - 16 years exp. (9 salaries) | ₹17 L/yr - ₹23 L/yr
60%
more | |
 Escorts Kubota Limited Manager new Product Development Salary
8 - 20 years exp. (8 salaries) | ₹11.9 L/yr - ₹20 L/yr
16%
more | |
 LG Electronics Manager new Product Development Salary
14 - 18 years exp. (8 salaries) | ₹20 L/yr - ₹35 L/yr
86%
more | |
Manager new Product Development salary at Magna Electro Castings ranges between ₹11.7
Lakhs
to ₹15
Lakhs
per year for employees with experience between 23 years to 24 years. Salary
estimates are based on
2 latest salaries received
from various employees of Magna Electro Castings.
Similar Designation salaries in Magna Electro Castings
Top skills at Magna Electro Castings for Manager new Product Development
Project Management
Product Development
Manufacturing Process
RFQ
Foundry
New Product Development
Process Engineering
PPAP
Product Design
Apqp
methoding
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1w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Magna Electro Castings Manager new Product Development Salary FAQs
What is the notice period for Manager new Product Development at Magna Electro Castings?
According to AmbitionBox, 100% of the Magna Electro Castings Manager new Product Developments reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.
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Magna Electro Castings Manager new Product Development salary in India ranges between ₹11.7 Lakhs to ₹15 Lakhs. This is an estimate based on latest salaries received from employees of Magna Electro Castings.