Magotteaux Industries Rajkot new Product Development Engineer Salaries by 2 Employees

5 - 7 years exp.

₹6.1 Lakhs - ₹7.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 16 Feb 2024

Companies similar to Magotteaux Industries for new Product Development Engineer in Rajkot

Magotteaux Industries new Product Development Engineer Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
G N Altech new Product Development Engineer Salary 2 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 43% less
Jyoti CNC Automation new Product Development Engineer Salary 3 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹6 L/yr 35% less
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Essen Speciality Films new Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 31% less
Star Pipe Products new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹5.3 L/yr - ₹5.6 L/yr 21% less
Omnitech InfoSolutions new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 53% less

new Product Development Engineer salary at Magotteaux Industries ranges between ₹6.1 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Magotteaux Industries.

Similar Designation salaries in Magotteaux Industries

Design Engineer Salary

(23 salaries)

₹2.6 L/yr - ₹7.2 L/yr

Product Engineer Salary

(7 salaries)

₹4.7 L/yr - ₹10 L/yr

Quality Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Salary related reviews for Magotteaux Industries

Production Engineer in Rajkot

Full Time

Media Production & Entertainment Department

1.0

• posted on 28 Feb 2025

4.0

for Salary and Benefits

Likes

Working Hours

Salary - Good

Dislikes

Poor management The manager is non technical And Foundry work only on Document base no one is technical person even the NPD and Engineering Team is wrost If you are experienced person then don't join this company because the working environment is bad and they treat like you are fresher The company only focus on safety but actual safety protocols are not followed, they think wearing PPE is safety but overall process is unsafe

Skill development - Bad

+5 more

Graduate Engineer Trainee (Get) in Rajkot

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Dec 2023

1.0

for Salary and Benefits

Likes

Distance is not too much from city.

Dislikes

Partiality is on peak and highly corruption happen inside the industry and it made the profitability down to the whole industry and also We can not grow without being pleasing to managers and despite of your skill you will always recognise and valued based on your age only , because I am the lead designer still did not satisfied by the treatment that company gave me from last 4 years and its just because I am the 24 .

Salary - Bad

+5 more

Cheif Financial Officer in Rajkot

Full Time

Finance & Accounting Department

5.0

• posted on 10 Oct 2023

3.0

for Salary and Benefits

Likes

Magotteaux Group is the best in its class - low opportunity Vertical Growth for HOD's - but at the same time Authorities are given to fullest to perform the Job roles .

Skill development - Excellent

+3 more

Dislikes

Granting of leave is the biggest Issue .

Work-life balance - Bad

Supervisor Production Melting Ormolding in Rajkot

Production, Manufacturing & Engineering Department

3.0

• posted on 27 May 2022

2.0

for Salary and Benefits

Likes

No doubt magotteaux is a brand but their company culture is not so good.dominating nature if you are a outsider not from Gujarat then you can't survive more than 1 year....if anybody want to know more then join Magotteaux...

Skill development - Good

+1 more

Dislikes

Dominating & blaming nature,you have no right to say the right thing.

Salary - Poor

+1 more

Assistant Manager HR & Administration in Rajkot

Human Resources Department

1.0

• posted on 14 Dec 2018

3.0

for Salary and Benefits

Likes

I worked here for almost 4 years. But from 2017 new management was horrific. They were not able to take decision & also always try to pass their mistake unto other. There is no such thing as succession planning or career development. Not even a good training programs for employees to develop their competencies. Even they always try to suck blood of employees time to time. There is no job security forget about work-life balance. Even they don't know right pay for right people. And nowadays they recruiting employees who are non competent. Best luck for you.

Dislikes

Everything except pay.

Skill development - Bad

+5 more

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Magotteaux Industries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Magotteaux Industries in Rajkot?

The salary growth for a new Product Development Engineer at Magotteaux Industries in Rajkot depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Rajkot can expect the following growth trajectory at Magotteaux Industries:

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
7 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Magotteaux Industries new Product Development Engineer Salaries in Rajkot

Magotteaux Industries new Product Development Engineer salary in Rajkot ranges between ₹6.1 Lakhs to ₹7.8 Lakhs. This is an estimate based on latest salaries received from employees of Magotteaux Industries.