Mk Auto Components new Product Development Engineer Salaries by 3 Employees

2 - 4 years exp.

₹1.8 Lakh - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mk Auto Components for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
JSG Group new Product Development Engineer Salary 1 - 9 years exp. (14 salaries)	₹2.4 L/yr - ₹4.2 L/yr 40% more
Aditya Auto Products & Engineering new Product Development Engineer Salary 2 - 9 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 31% more
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Enco Engineers Combine new Product Development Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 28% more
ElringKlinger AG new Product Development Engineer Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr 57% more
SunMax Auto Engineering new Product Development Engineer Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr 16% more
Ahresty India new Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹5.5 L/yr 46% more
Alp Nishikawa new Product Development Engineer Salary 3 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹5.4 L/yr 63% more
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 68% more
Hyoseong Electric new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr 29% more

new Product Development Engineer salary at Mk Auto Components ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Mk Auto Components.

Experience wise Mk Auto Components new Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Mk Auto Components

Development Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Production Engineer Salary

(6 salaries)

₹1.1 L/yr - ₹3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹2.8 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

NPD Engineer Salary

(5 salaries)

₹2.05 L/yr - ₹2.5 L/yr

Quality Engineer Salary

(19 salaries)

₹1.4 L/yr - ₹3.1 L/yr

Salary related reviews for Mk Auto Components

Shift Incharge in Chennai

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 07 Oct 2018

1.0

for Salary and Benefits

Likes

In this company the coworkers are friendly in all departments.

Dislikes

...ve below basic payee to the employees. There is no proper training for freshers. Salary is terrible. There is no facilities in the company

Salary - Bad

+5 more

Engineer in Chennai

Quality Assurance Department

1.0

• posted on 21 Aug 2020

1.0

for Salary and Benefits

Likes

Can learn the basics of manufacturing.

Dislikes

There is no proper training given to employees. And there is no skilled worker. Management doesn’t address the problem of employees. Cleanliness is not maintained in the company. Make employees work overtime without paying. General shift working time is 10 hours. No career growth.

Salary - Bad

+5 more

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mk Auto Components new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Mk Auto Components in India?

The salary growth for a new Product Development Engineer at Mk Auto Components depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Mk Auto Components:

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Mk Auto Components new Product Development Engineer Salaries

Mk Auto Components new Product Development Engineer salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mk Auto Components latest salaries received from various employees of Mk Auto Components.