Furukawa Minda Electric Design & Development Engineer Salaries by 7 Employees (Updated 2024)

2 - 6 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Design & Development Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Furukawa Minda Electric for Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Design & Development Engineer Salary 1 - 3 years exp. (6 salaries)	₹2.4 L/yr - ₹7.3 L/yr 41% more
Samvardhana Motherson Group Design & Development Engineer Salary 1 - 6 years exp. (10 salaries)	₹3.2 L/yr - ₹5.4 L/yr 26% more
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Valeo Design & Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹8.5 L/yr - ₹8.8 L/yr 170% more
Lucas-TVS Design & Development Engineer Salary 1 - 8 years exp. (23 salaries)	₹3 L/yr - ₹7 L/yr 45% more
Bharat Forge Design & Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 62% more

Design & Development Engineer salary at Furukawa Minda Electric ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Furukawa Minda Electric.

Experience wise Furukawa Minda Electric Design & Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.3 L/yr

Similar Designation salaries in Furukawa Minda Electric

Process Engineer Salary

(5 salaries)

₹1.5 L/yr - ₹2.8 L/yr

Design Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Manager Process Engineering Salary

(3 salaries)

₹9.5 L/yr - ₹12 L/yr

Trainee Electrical Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Design Associate Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Assistant Manager Design Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Deputy Manager Design Salary

(AmbitionBox Estimate)

₹8.4 L/yr - ₹10.7 L/yr

Design Manager Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Design and Product Development Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Furukawa Minda Electric

4.0

Rated by 1 employees for salary & benefits

Diploma Trainee Engineer in Bawal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Jun 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Dislikes

Miss behaviour & politics, growth

Head/VP/GM-HR in Bawal

Human Resources Department

5.0

• posted on 20 Mar 2021

4.0

for Salary and Benefits

Likes

...ent and culture the management is little transparent. Company policies are good. Appraisal are fair and they give good salary hike every year.

Dislikes

Management is not strong and not business oriented

Team Leader (Nontechnical) in Hariyana

Asmbaly Department

5.0

• posted on 21 May 2021

2.0

for Salary and Benefits

Likes

Company policy are good appraisals are fire and De give good salary hike and bonus every year

Dislikes

There is a lot of politics and the management decent what career growth has slowed there is a bound of two year before which you can not rising on the job training is not give to now joinees

Gradute Engineer Trainee in Rewari

Design and Development Department

4.0

• posted on 01 Feb 2020

3.0

for Salary and Benefits

Likes

People here, work together as a team, and achieve objectives with cumulative efforts. The seniors including Manager, Sr. Manager, and GM, all play a pivotal role in ensuring the accomplishment of tasks, recognition of individual performances which in turn boosts the confidence of individuals working in a team.

Dislikes

...lunch break needs to be scheduled for 1 hour instead of current half an hour. 3. The salary needs to be competitive compared to the market scenario.

Recruitment Executive& HR Executive in Noida

Finance & Accounting Department

5.0

• posted on 29 Aug 2020

4.0

for Salary and Benefits

Likes

...nment , supporting by the management is transparent.company police is to good ..They give salary.EL, bonus every year... overall I can say this is best memory of my present job career....kas Noida plant Noida m hi rahta 😢....

Dislikes

Nothing

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Furukawa Minda Electric Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Furukawa Minda Electric?

Design & Development Engineer salary at Furukawa Minda Electric in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 43% less than the average Design & Development Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Furukawa Minda Electric India.

How does the salary of a Design & Development Engineer at Furukawa Minda Electric India compare with the average salary range for this job?

The average salary of a Design & Development Engineer at Furukawa Minda Electric is 43% less than the average salary of a Design & Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Furukawa Minda Electric to a Design & Development Engineer in India?

Valeo Design & Development Engineer Salary - ₹8.5 Lakhs to ₹8.8 Lakhs per year
Bharat Forge Design & Development Engineer Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Lucas-TVS Design & Development Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Bosch Design & Development Engineer Salary - ₹2.4 Lakhs to ₹7.3 Lakhs per year
Samvardhana Motherson Group Design & Development Engineer Salary - ₹3.2 Lakhs to ₹5.4 Lakhs per year

What is the estimated take home salary of a Design & Development Engineer at Furukawa Minda Electric in India?

The estimated take-home salary of a Design & Development Engineer at Furukawa Minda Electric ranges between ₹22,936 per month to ₹24,406 per month in India. The take-home salary calculation is based on the average Furukawa Minda Electric Design & Development Engineer salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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Furukawa Minda Electric Design & Development Engineer Salaries

Furukawa Minda Electric Design & Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Furukawa Minda Electric latest salaries received from various employees of Furukawa Minda Electric.

Furukawa Minda Electric Design & Development Engineer salaries in India

Companies similar to Furukawa Minda Electric for Design & Development Engineer

Latest annual salaries shared by Furukawa Minda Electric Design & Development Engineer

Experience wise Furukawa Minda Electric Design & Development Engineer salaries

Similar Designation salaries in Furukawa Minda Electric

Salary related reviews for Furukawa Minda Electric

Diploma Trainee Engineer in Bawal

Head/VP/GM-HR in Bawal

Team Leader (Nontechnical) in Hariyana

Gradute Engineer Trainee in Rewari

Recruitment Executive& HR Executive in Noida

Furukawa Minda Electric Design & Development Engineer Salary FAQs

Tell us how to improve this page.