Mangal Industries new Product Development Engineer Salaries by 5 Employees

2 - 5 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Mangal Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Hical Technologies new Product Development Engineer Salary 1 - 8 years exp. (15 salaries)	₹2 L/yr - ₹9 L/yr 35% more
Victora Auto Private Limited new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2.6 L/yr - ₹6 L/yr 8% more
Login to view exact salary
S. M. Auto Engineering new Product Development Engineer Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 8% more
Mega Rubber Technologies new Product Development Engineer Salary 0 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.2 L/yr 7% more
International Automotive Components new Product Development Engineer Salary 4 - 8 years exp. (7 salaries)	₹4.8 L/yr - ₹9.2 L/yr 144% more
Surin Automotive new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr 20% more
Rajsriya Automotive Industries new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹2.6 L/yr 29% less
India Japan Lighting new Product Development Engineer Salary 4 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 20% more
Hema Engineering Industries new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4.1 L/yr 14% less
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 20% more

new Product Development Engineer salary at Mangal Industries ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mangal Industries.

Experience wise Mangal Industries new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Mangal Industries

Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Production Engineer Salary

(11 salaries)

₹3.35 L/yr - ₹7.2 L/yr

Senior Design Engineer Salary

(5 salaries)

₹5.3 L/yr - ₹6.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Assistant Engineer Salary

(72 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Production Manager Salary

(6 salaries)

₹6.25 L/yr - ₹20 L/yr

Design Engineer Salary

(11 salaries)

₹3 L/yr - ₹6.2 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Senior Engineer Salary

(27 salaries)

₹4.4 L/yr - ₹8.1 L/yr

Top skills at Mangal Industries for new Product Development Engineer

PPAP Documentation New Product Development SAP PPAP Preparation

Salary related reviews for Mangal Industries

Assistant Engineer in Tirupati

Sheet metal division Department

4.0

• posted on 14 Aug 2018

3.0

for Salary and Benefits

Likes

I learned a lot of knowledge in Mangal industries as I work under maintenance department. I will never forget about this because this will be the ultimate stepping stone for my career success.

Skill development - Good

+4 more

Dislikes

Low compensation offering and also growth was slow.

Assistant Quality Engineer in Chittoor

Full Time

Quality Assurance Department

3.0

• posted on 05 Aug 2020

1.0

for Salary and Benefits

Likes

Job security is good. Working culture is worst more relegation & cast feeling. Management will not give the support for new ideas & improvements. Policies is good but benefits will not give the company only thay will show...

Job security - Good

Dislikes

Politics

Salary - Bad

+4 more

Assistant Engineer in Petamitta

Full Time

Production Support Department

1.0

• posted on 04 Oct 2022

2.0

for Salary and Benefits

Likes

It's look like govt company whenever you want to go you will go you will do work or not there is no one asked to you

Job security - Good

Dislikes

Worst organization Structure and work culture, strictly this company for local uneducated people not for other people I want to say one word this company only for Family and friends out siders not allowed

Salary - Poor

+4 more

Project Trainee - Internship in Tirupati

Intern

Finance & Accounting Department

4.0

• posted on 16 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria. Company policies are good and I enjoyed working.

Salary - Good

+6 more

Dislikes

I feel there is no dislikes about company up to my knowledge for the days I had been there.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Mangal Industries?

Ask anonymously on communities.

Mangal Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Mangal Industries ?

The average salary of a new Product Development Engineer at Mangal Industries in India typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of new Product Development Engineer at Mangal Industries earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. new Product Development Engineer Salaries at Mangal Industries can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Mangal Industries employees in India.

What is the estimated take home salary of a new Product Development Engineer at Mangal Industries in India?

The estimated take-home salary of a new Product Development Engineer at Mangal Industries in India typically ranges from ₹25,920 to ₹27,345 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mangal Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a new Product Development Engineer at Mangal Industries ?

To be a new Product Development Engineer at Mangal Industries in india, the key skills required include:

- PPAP Documentation
- New Product Development
- SAP
- PPAP Preparation

These skills are highly valued at Mangal Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mangal Industries for new Product Development Engineer in India?

International Automotive Components	₹4.8 Lakhs to ₹9.2 Lakhs per year
Hical Technologies	₹2.0 Lakhs to ₹9.0 Lakhs per year
Surin Automotive	₹3.1 Lakhs to ₹5.5 Lakhs per year
India Japan Lighting	₹3.5 Lakhs to ₹5.0 Lakhs per year
Gestamp	₹3.9 Lakhs to ₹6.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mangal Industries, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Mangal Industries in India?

The salary of a new Product Development Engineer at companies similar to Mangal Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

S. M. Auto Engineering	₹3.0 Lakhs to ₹4.5 Lakhs per year
Victora Auto Private Limited	₹2.6 Lakhs to ₹6.0 Lakhs per year
Mega Rubber Technologies	₹3.3 Lakhs to ₹4.2 Lakhs per year
Hema Engineering Industries	₹2.3 Lakhs to ₹4.1 Lakhs per year
Rajsriya Automotive Industries	₹2.5 Lakhs to ₹2.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

Tell us how to improve this page.

Mangal Industries new Product Development Engineer Salaries by Location

Home >
Salaries >
Mangal Industries Salaries >
Mangal Industries new Product Development Engineer Salaries

Mangal Industries new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mangal Industries latest salaries received from various employees of Mangal Industries.