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

2 - 8 years exp.

₹2 Lakhs - ₹4.6 Lakhs

Salary of majority employees

7% less than the average new Product Development Engineer Salary for 2 - 8 years of experience

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Last Updated: 15 Mar 2023

Companies similar to MD Industries for new Product Development Engineer in Nashik

MD Industries new Product Development Engineer Salary

2 - 8 years exp. (6 salaries)

₹2 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Ukay Metal Industries new Product Development Engineer Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹6 L/yr 15% more
Sharda Motor Industries new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹4.2 L/yr 2% less
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Right Tight Fasteners new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3 L/yr 28% less
J.P.Enterprises new Product Development Engineer Salary 4 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 22% more
Tushar Industries new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr 11% less

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 in Nashik

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 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

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Similar Designation salaries in MD Industries

Quality Engineer Salary

(10 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Development Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5 L/yr

Senior Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Production Supervisor Salary

(3 salaries)

₹1.5 L/yr - ₹3.6 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

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Salary Discussions, Hike & Promotions

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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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MD Industries new Product Development Engineer Salary FAQs

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

new Product Development Engineer salary at MD Industries in Nashik ranges between ₹2.0 Lakhs to ₹4.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 7% 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 Nashik.

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

The average salary of a new Product Development Engineer at MD Industries is 7% less than the average salary of a new Product Development Engineer in Nashik. To know exact salary insights, login to view.

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

J.P.Enterprises new Product Development Engineer Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
Ukay Metal Industries new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year

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

Sharda Motor Industries new Product Development Engineer Salary - ₹2.8 Lakhs to ₹4.2 Lakhs per year
Tushar Industries new Product Development Engineer Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
Right Tight Fasteners new Product Development Engineer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at MD Industries ranges between ₹25,159 per month to ₹26,595 per month in Nashik. 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 in Nashik?

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

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MD Industries new Product Development Engineer Salaries in Nashik

MD Industries new Product Development Engineer salary in Nashik 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.