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Marathwada Auto Compo Private Limited new Product Development Engineer salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹3.5 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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6% more than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 8 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹5.1 L/yr

Quality Assurance
new Product Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 25 Feb 2025

Companies similar to Marathwada Auto Compo Private Limited for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 14% less
unlock blur

₹2.9 L/yr - ₹7.5 L/yr

arrow icon 9% more
unlock blur

₹1.3 L/yr - ₹5.3 L/yr

arrow icon 30% less
unlock blur

₹2.7 L/yr - ₹4.8 L/yr

arrow icon 13% less
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₹2 L/yr - ₹4.1 L/yr

arrow icon 22% less
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₹4.4 L/yr - ₹5.1 L/yr

arrow icon 14% more
unlock blur

₹2.7 L/yr - ₹3.8 L/yr

arrow icon 25% less
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₹2.5 L/yr - ₹6 L/yr

arrow icon 16% less
unlock blur

₹2.7 L/yr - ₹5.5 L/yr

arrow icon 11% more
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₹2 L/yr - ₹5 L/yr

arrow icon 11% less
unlock blur

₹1.8 L/yr - ₹6.5 L/yr

At par
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₹1.2 L/yr - ₹3 L/yr

arrow icon 55% less
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₹2.8 L/yr - ₹7 L/yr

arrow icon 9% more
unlock blur

₹2.8 L/yr - ₹5.8 L/yr

arrow icon 9% more
unlock blur

₹2.3 L/yr - ₹4.3 L/yr

arrow icon 26% less
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₹11.6 L/yr - ₹16.4 L/yr

arrow icon 215% more
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₹2.4 L/yr - ₹3 L/yr

arrow icon 40% less
new Product Development Engineer salary at Marathwada Auto Compo Private Limited ranges between ₹3.5 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Marathwada Auto Compo Private Limited.

Latest annual salaries shared by Marathwada Auto Compo Private Limited new Product Development Engineer

3d ago
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1 year exp.
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5 years exp.

Experience wise Marathwada Auto Compo Private Limited new Product Development Engineer salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in Marathwada Auto Compo Private Limited

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₹3.4 L/yr - ₹4.5 L/yr
unlock blur
₹2.4 L/yr - ₹4.5 L/yr
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₹6.7 L/yr - ₹9.6 L/yr
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₹3.3 L/yr - ₹6.3 L/yr
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₹5.72 L/yr - ₹8 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
NPD Engineer Salary
(3 salaries)
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₹4.6 L/yr - ₹6.1 L/yr
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₹3 L/yr - ₹4.7 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.5 L/yr

Salary related reviews for Marathwada Auto Compo Private Limited

3.5

Rated by 2 employees for salary & benefits

Quality Department

3.0
  •  posted on 06 May 2021

2.0
 for  Salary and Benefits

Likes

Teammates are supportive & believe in team work. Companies policies are good, salary hike is average 10-15%. Good place to develop multi skill & good amount of work exposures. You can reach to top management any time with some improvement ideas or your concern.

read more
  • Job security - Good
  • +1 more

Dislikes

Appraisal process is not transparent. Basic facilities are not adequate (e.g canteen, office, fresh room, parking etc.)

  • Salary - Poor
  • +1 more

Full Time

 · 

Other Department

3.0
  •  posted on 25 Nov 2024

3.0
 for  Salary and Benefits

Likes

While working in MACPL in there plant various types of parts in that parts such a great learning.

  • Skill development - Good

Dislikes

In MACPL unit 6 there is no cultural for quality improvement they only require sale.work life not balanced. Workload is more than others

read more
  • Job security - Poor
  • +4 more
see more salary related reviews

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Marathwada Auto Compo Private Limited new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Marathwada Auto Compo Private Limited ?
The average salary of a new Product Development Engineer at Marathwada Auto Compo Private Limited in India typically ranges from ₹3.5 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of new Product Development Engineer at Marathwada Auto Compo Private Limited earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. new Product Development Engineer Salaries at Marathwada Auto Compo Private Limited 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 Marathwada Auto Compo Private Limited employees in India.
What is the estimated take home salary of a new Product Development Engineer at Marathwada Auto Compo Private Limited in India?
The estimated take-home salary of a new Product Development Engineer at Marathwada Auto Compo Private Limited in India typically ranges from ₹32,082 to ₹33,365 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year to 8 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 Marathwada Auto Compo Private Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Marathwada Auto Compo Private Limited for new Product Development Engineer in India?
Michelin ₹11.6 Lakhs to ₹16.4 Lakhs per year
Mando Automotive ₹4.4 Lakhs to ₹5.1 Lakhs per year
Musashi Auto Parts ₹2.7 Lakhs to ₹5.5 Lakhs per year
Keihin Fie ₹2.8 Lakhs to ₹5.8 Lakhs per year
Motherson Automotive Technologies and Engineering ₹2.9 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Marathwada Auto Compo Private Limited, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Marathwada Auto Compo Private Limited in India?
The salary of a new Product Development Engineer at companies similar to Marathwada Auto Compo Private Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SKH Metals ₹2.8 Lakhs to ₹7.0 Lakhs per year
Bridgestone ₹1.8 Lakhs to ₹6.5 Lakhs per year
Fleetguard Filters ₹2.0 Lakhs to ₹5.0 Lakhs per year
Indo Autotech ₹2.7 Lakhs to ₹4.8 Lakhs per year
Belrise Industries ₹2.2 Lakhs to ₹5.4 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 Marathwada Auto Compo Private Limited in India?
The salary growth for a new Product Development Engineer at Marathwada Auto Compo Private Limited depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Marathwada Auto Compo Private Limited:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
and so on.

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Marathwada Auto Compo Private Limited new Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Marathwada Auto Compo Private Limited latest salaries received from various employees of Marathwada Auto Compo Private Limited.