Mahindra Truck and Bus new Product Development Engineer Salaries by 2 Employees (Updated 2025)

1 - 4 years exp.

₹1.9 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Research & Development new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 23 Mar 2023

Companies similar to Mahindra Truck and Bus for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 36% more
Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 54% more
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VE Commercial Vehicles new Product Development Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr 6% more
TVS Motor new Product Development Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 22% more
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 160% more
Escorts Kubota Limited new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹2 L/yr - ₹5.5 L/yr 44% more
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 298% more
Renault Nissan Technology & Business Centre India new Product Development Engineer Salary 5 - 8 years exp. (6 salaries)	₹6.9 L/yr - ₹9 L/yr 262% more
Automotive Manufacturers new Product Development Engineer Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 7% more
Honda Cars new Product Development Engineer Salary 8 - 16 years exp. (5 salaries)	₹8.7 L/yr - ₹18.3 L/yr 563% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 318% more
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Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 5% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 280% more
Ford Motor new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹11.1 L/yr 199% more
Daimler India Commercial Vehicles new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 112% more

new Product Development Engineer salary at Mahindra Truck and Bus ranges between ₹1.9 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Truck and Bus.

Similar Designation salaries in Mahindra Truck and Bus

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Development Engineer Salary

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₹4 L/yr - ₹5.7 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(6 salaries)

₹8 L/yr - ₹9.75 L/yr

Project Engineer Salary

(8 salaries)

₹3.05 L/yr - ₹5.2 L/yr

Design Engineer Salary

(61 salaries)

₹2.05 L/yr - ₹6.5 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.1 L/yr - ₹3 L/yr

Senior Engineer Salary

(6 salaries)

₹6.6 L/yr - ₹10.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Quality Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹2.9 L/yr

Salary related reviews for Mahindra Truck and Bus

Customer Service Manager in Jaipur

Other Department

4.0

• posted on 21 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture, team is very supportive and management is transparent, company policies are good, salary ,hike ,bonus as per mark to market.

Salary - Good

+6 more

Dislikes

People are judging with their assumption....middle management specially.

Sr. Manager - Technical Project Leader in Pune

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3.0

• posted on 21 Aug 2019

4.0

for Salary and Benefits

Likes

Since it is a big conglomerate, learning opportunities are abundant. Compensation is at par with market toppers

Salary - Good

+2 more

Dislikes

Culture & HR-worst. It is not system driven, it is always and I say always person driven, according to their mood & need. Even HR works for those who are in key position. HR really don't know what is employee care in-terms of development, opportunity for growth, facilities etc, keep aside regular interaction.

Promotions - Poor

+1 more

Area Sales Manager in Jaipur

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Norhing - Wrost company in india, Kindly don't join to this company. All the cheap people from top to bottom are in this company. Except for company work all people doing politics. These company's people will spoil your career too if you are joined.

Dislikes

Bad management, cheap seniors, lots of politics, no career growth, career degrowth.

Salary - Bad

+6 more

Manager in Pune

Full Time

Media Production & Entertainment Department

4.0

• posted on 25 Oct 2024

3.0

for Salary and Benefits

Likes

Same treatment for all employees, Equality, Good for Female employees, Job security.

Job security - Good

+1 more

Dislikes

Too to bottom driven organisation, Very less they listen to lower management . They doesn't take risk. Slow growth of competitive employees.

Promotions - Poor

DEP Manager, Sales in Nagpur

Full Time

Sales & Business Development Department

1.0

• posted on 30 Dec 2022

4.0

for Salary and Benefits

Likes

It all depend on Boses,if you get good seniors then its best.Otherwise it is bunch of crazy people yelling at each other.

Salary - Good

Dislikes

Too many reports Worthless meetings Dealership working according to their own policies No seniors understand the ground reality

Skill development - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Truck and Bus new Product Development Engineer Salaries

Mahindra Truck and Bus new Product Development Engineer salary in India ranges between ₹1.9 Lakh to ₹2.4 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Truck and Bus.

Mahindra Truck and Bus new Product Development Engineer salaries in India

Companies similar to Mahindra Truck and Bus for new Product Development Engineer

Similar Designation salaries in Mahindra Truck and Bus

Salary related reviews for Mahindra Truck and Bus

Customer Service Manager in Jaipur

Sr. Manager - Technical Project Leader in Pune

Area Sales Manager in Jaipur

Manager in Pune

DEP Manager, Sales in Nagpur

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