MD Industries new Product Development Engineer Salaries by 6 Employees (Updated 2025)

2 - 8 years exp.

₹2 Lakhs - ₹4.6 Lakhs

Salary of majority employees

14% less than the average new Product Development Engineer Salary for 2 - 8 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to MD Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 41% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 32% more
Login to view exact salary
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (71 salaries)	₹2.7 L/yr - ₹5.7 L/yr 18% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 6% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 5% more

new Product Development Engineer salary at MD Industries ranges between ₹2 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of MD Industries.

Experience wise MD Industries new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in MD Industries

Product Development Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Development Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5 L/yr

Production Engineer Salary

(4 salaries)

₹1.15 L/yr - ₹3.7 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Production Supervisor Salary

(3 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Quality Engineer Salary

(16 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Salary related reviews for MD Industries

CNC Setter & Operator in Ploy No F-15 , Opposite To Autocop ,ambad

Cnc machine shop Department

3.0

• posted on 20 Jun 2022

2.0

for Salary and Benefits

Likes

In md industry we should learn that how to become a perfect machine operator and also know to operate different types of measuring instruments.

Dislikes

We only have limited skills to learn like cnc operator and setter. After this nothing can learn more to improve our skills.

Salary - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about MD Industries?

Ask anonymously on communities.

MD Industries new Product Development Engineer Salary FAQs

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

new Product Development Engineer salary at MD Industries in India ranges between ₹2.0 Lakhs to ₹4.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 14% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of MD Industries India.

How does the salary of a new Product Development Engineer at MD Industries India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at MD Industries is 14% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than MD Industries to a new Product Development Engineer in India?

Seoyon E-hwa Automotive new Product Development Engineer Salary - ₹3.4 Lakhs to ₹5.9 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
JBM Group new Product Development Engineer Salary - ₹1.8 Lakhs to ₹5.7 Lakhs per year

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

L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
Caparo Engineering India new Product Development Engineer Salary - ₹1.4 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at MD Industries ranges between ₹24,781 per month to ₹26,223 per month in India. The take-home salary calculation is based on the average MD Industries new Product Development Engineer salary in India which ranges between ₹2.0 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at MD Industries?

According to AmbitionBox, 100% of the MD Industries new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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

MD Industries new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 MD Industries latest salaries received from various employees of MD Industries.