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METAL FORM

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3.8

based on 47 Reviews

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METAL FORM new Product Development Engineer salaries in India

Annual salary range
8 - 10 years exp.
₹4.2 Lakhs - ₹5.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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20% more than the average new Product Development Engineer Salary in Auto Components Companies for 8 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
new Product Development Engineer Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.8 L/yr

Project & Program Management
new Product Development Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Quality Assurance
new Product Development Engineer Salary
9 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 17 Mar 2023

Companies similar to METAL FORM for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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JRG Automotive india new Product Development Engineer Salary

4 - 7 years exp. (4 salaries)
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₹2.8 L/yr - ₹5.2 L/yr

arrow icon 23% less
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INDO-MIM new Product Development Engineer Salary

0 - 4 years exp. (69 salaries)
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 18% less
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L.G.Balakrishnan & Bros new Product Development Engineer Salary

1 - 8 years exp. (42 salaries)
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₹1.8 L/yr - ₹5 L/yr

arrow icon 32% less
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JBM Group new Product Development Engineer Salary

0 - 8 years exp. (34 salaries)
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 24% less
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Wadhokar new Product Development Engineer Salary

0 - 4 years exp. (28 salaries)
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₹1.5 L/yr - ₹4 L/yr

arrow icon 49% less
new Product Development Engineer salary at METAL FORM ranges between ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of METAL FORM.

Latest annual salaries shared by METAL FORM new Product Development Engineer

1y ago
₹4.2 Lakhs
9 years exp.
1y ago
₹5.8 Lakhs
10 years exp.
1y ago
₹4.2 Lakhs
8 years exp.
1y ago
₹5.2 Lakhs
9 years exp.

Experience wise METAL FORM new Product Development Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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

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₹4.4 L/yr - ₹5.6 L/yr
10 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in METAL FORM

Production Engineer Salary
(12 salaries)
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₹1.6 L/yr - ₹4.5 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Design Engineer Salary
(6 salaries)
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₹2.5 L/yr - ₹4 L/yr
Mechanical Engineer Salary
(4 salaries)
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₹2.05 L/yr - ₹3.1 L/yr
Senior Engineer Salary
(13 salaries)
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₹4 L/yr - ₹5.2 L/yr
Production Supervisor Salary
(3 salaries)
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₹3.1 L/yr - ₹5.3 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Quality Engineer Salary
(14 salaries)
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₹1.8 L/yr - ₹3.6 L/yr
Junior Engineer Salary
(21 salaries)
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₹1.8 L/yr - ₹3.36 L/yr

Salary related reviews for METAL FORM

3.0

Rated by 2 employees for salary & benefits

Engineer In Sheet Metal Estimation And Product Development in Chennai

Full Time

 · 

Other Department

5.0
  •  posted on 14 May 2023
3.0
 for  Salary and Benefits

Likes

Good company, Good management but worst department managers, not letting to grow low level employees team politics

  • Skill development - Good
    • +2 more

Dislikes

Good company, Good management but worst department managers, not letting to grow low level employees,team politics

  • Work satisfaction - Poor
    • +1 more
see more salary related reviews

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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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?
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METAL FORM new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at METAL FORM ?
The average salary of a new Product Development Engineer at METAL FORM in India typically ranges from ₹4.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of new Product Development Engineer at METAL FORM earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. new Product Development Engineer Salaries at METAL FORM 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 4 METAL FORM employees in India.
What is the estimated take home salary of a new Product Development Engineer at METAL FORM in India?
The estimated take-home salary of a new Product Development Engineer at METAL FORM in India typically ranges from ₹36,761 to ₹37,974 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 8 years to 10 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 4 salaries received from various employees of METAL FORM. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a new Product Development Engineer in companies similar to METAL FORM in India?
The salary of a new Product Development Engineer at companies similar to METAL FORM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
JRG Automotive india ₹2.8 Lakhs to ₹5.2 Lakhs per year
JBM Group ₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 Lakhs per year
Wadhokar ₹1.5 Lakhs to ₹4.0 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 METAL FORM in India?
The salary growth for a new Product Development Engineer at METAL FORM depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at METAL FORM:

Experience Average Salary Range
8 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
9 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
10 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
and so on.

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METAL FORM new Product Development Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 METAL FORM latest salaries received from various employees of METAL FORM.