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MM Forgings new Product Development Engineer salaries in Tiruchirappalli

Annual salary range
4 - 6 years exp.
₹2.3 Lakhs - ₹3.1 Lakhs
Salary of majority employees
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24% less than the average new Product Development Engineer Salary in Iron & Steel Companies for 4 - 6 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
4 - 6 years exp. (3 salaries)
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₹2.3 L/yr - ₹3 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to MM Forgings for new Product Development Engineer in Tiruchirappalli

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MM Forgings new Product Development Engineer Salary

4 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹3.6 L/yr

arrow icon 33% more
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₹2 L/yr - ₹5 L/yr

arrow icon 60% more
new Product Development Engineer salary at MM Forgings ranges between ₹2.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of MM Forgings.

Latest annual salaries shared by MM Forgings new Product Development Engineer in Tiruchirappalli

1y ago
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6 years exp.
1y ago
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6 years exp.
1y ago
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4 years exp.
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5 years exp.

Experience wise MM Forgings new Product Development Engineer salaries in Tiruchirappalli

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr

Similar Designation salaries in MM Forgings

Design Engineer Salary
(20 salaries)
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₹1.5 L/yr - ₹4.8 L/yr
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₹1.92 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹3.15 L/yr

Salary related reviews for MM Forgings

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 03 Nov 2020

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teamates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal ate fair and they give salay home and bonus every year.

read more

Dislikes

Salary is decent but career growth is slow.

Research & Development Department

1.0
  •  posted on 09 May 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transperant. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair

read more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is descent but career growth is slow. There is bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more

Quality Department

2.0
  •  posted on 19 Apr 2022

1.0
 for  Salary and Benefits

Likes

Job security, Friendly people, Food is ok, salary on time no delay, provide accommodation and food, 8 hrs work, communication

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Dislikes

Management is worst, Increament is very low compared to other companies, Doesn't provide any experience certificate, work environment is terrible, no transport facilities, low education knowledge is enough to work, career growth is poor.

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Production, Manufacturing & Engineering Department

5.0
  •  posted on 26 Apr 2022

5.0
 for  Salary and Benefits

Likes

...gement is Transparent .there is A Huge Cafeteria and Gaming Arcade For Chilling. Company Policies are Good, appraisal are fair and they Give Good Salary Hike and bonus Every Year

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Dislikes

Politics......

MD's Office Department

1.0
  •  posted on 08 Sep 2018

3.0
 for  Salary and Benefits

Likes

Nothing to like working at MM Forgings

Dislikes

...istant/secretary. I mean there are 2 secretaries always in top heads department. Those who are joining as 2nd secretary, will lose his job at any time even though if he is a good performer and getting poor/average/high/very high salary and not like 1st secretaries who are working for more than 15 - 20 years. Management will not show any courtesy and will terminate these 2nd secretaries without any valid reason. My advice is if a person who is really having dependant and commitment to run his family with a salary getting from M M Forgings job, he should not join here with a planning of continuing in long run.

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MM Forgings new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at MM Forgings Tiruchirappalli?
new Product Development Engineer salary at MM Forgings in Tiruchirappalli ranges between ₹2.3 Lakhs to ₹3.1 Lakhs for experience between 4 years to 6 years. According to our estimates it is 24% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MM Forgings Tiruchirappalli.
How does the salary of a new Product Development Engineer at MM Forgings Tiruchirappalli compare with the average salary range for this job?
The average salary of a new Product Development Engineer at MM Forgings is 24% less than the average salary of a new Product Development Engineer in Tiruchirappalli. To know exact salary insights, login to view.
Which similar companies are paying more than MM Forgings to a new Product Development Engineer in Tiruchirappalli?
  • Harihar Alloys new Product Development Engineer Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Thangam Engineering & Enterprises new Product Development Engineer Salary - ₹3.2 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at MM Forgings in Tiruchirappalli?
The estimated take-home salary of a new Product Development Engineer at MM Forgings ranges between ₹17,498 per month to ₹19,199 per month in Tiruchirappalli. The take-home salary calculation is based on the average MM Forgings new Product Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

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MM Forgings new Product Development Engineer salary in Tiruchirappalli ranges between ₹2.3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 MM Forgings latest salaries received from various employees of MM Forgings.