Moonlight Tools new Product Development Engineer Salaries by 5 Employees

2 - 4 years exp.

₹2.4 Lakhs - ₹5.5 Lakhs

Salary of majority employees

8% less than the average new Product Development Engineer Salary for 2 - 4 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
Research & Development new Product Development Engineer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Dec 2024

Companies similar to Moonlight Tools for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 35% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 62% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 208% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 7% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 15% less

new Product Development Engineer salary at Moonlight Tools ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Moonlight Tools.

Experience wise Moonlight Tools new Product Development Engineer salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.5 L/yr

Similar Designation salaries in Moonlight Tools

Production Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Manager Salary

(4 salaries)

₹4.2 L/yr - ₹8 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Engineer Salary

(7 salaries)

₹2.05 L/yr - ₹5.4 L/yr

Production Supervisor Salary

(3 salaries)

₹2.2 L/yr - ₹2.4 L/yr

NPD Engineer Salary

(4 salaries)

₹2.1 L/yr - ₹4.5 L/yr

Quality Engineer Salary

(9 salaries)

₹1.8 L/yr - ₹6.3 L/yr

Junior Engineer Salary

(5 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Salary related reviews for Moonlight Tools

4.0

Rated by 1 employees for salary & benefits

Executive in Ahmedabad

Full Time

Procurement & Supply Chain Department

5.0

• posted on 17 Apr 2019

5.0

for Salary and Benefits

Likes

moonlight tools pvt ltd is a good and excellent company / company pay the salary time to time and all staf and management is very hard working we enjoyed my job any problem in this company

Salary - Excellent

+6 more

Dislikes

i don't dislike this company

Quality Engineer in Ludhiana

Full Time

Engineering - Software & QA Department

5.0

• posted on 16 Dec 2023

5.0

for Salary and Benefits

Likes

this is a good plateform to learn so many process at one place like, welding,Coating,Forging, Heat treatment,Machining, Surface cleaning process and so more.

Salary - Excellent

+6 more

Dislikes

There are a little bit improvement for Cleaning and 5S.

VP OPERATION CORPORATE GROUP in Ludhiana

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 02 Sep 2023

3.0

for Salary and Benefits

Likes

In moonlight, from top to bottom all are behind the material, no on time material means no on time Production means failure in supply means customer pressure means reputation down means business loss means salary/growth/company health everything effected... Not good experience.. chamcha culture.. disappointed 😞

Dislikes

Totally disappointed to work... I was put my 100% efforts in working with full dedication but end of the day only chamcha culture works... Management must come out from such culture so that can run organisation in professional way... Must avoid jugad, must avoid alternative material using thinking, must avoid last minute support etc.. etc..

Skill development - Bad

+5 more

Plant Head in Doraha

Customer Success, Service & Operations Department

3.0

• posted on 11 Feb 2022

3.0

for Salary and Benefits

Likes

Bose is working as a MD and VP reporting to Bose , Also Bose and VP joined together , but MD don't know all this . Whole plant controlled by Plant head as a monopolar. VP is working till the date plant head wants.Bose know the MD San week point and he is playing .

Dislikes

VP reporting to plant head and MD plant head not reporting to any one ,he is just showing to MD .But in actual he is not reporting to anyone, Due to junior staff control by him or selected or getting monthly from contactors.

Skill development - Bad

+3 more

Senior Executive in Ludhiana

Human Resources Department

1.0

• posted on 23 Dec 2020

1.0

for Salary and Benefits

Likes

The Company is good for Every Individual in Ludhiana as working Hours are 8 Hours and it hardly found in Ludhiana. The Management interference in every activity is Major downfall for company. Payment procedure and delay in client payment and salary wages is another cause of 1 star. New Skills developement and learning is zero.

Work satisfaction - Excellent

+1 more

Dislikes

As written above

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Moonlight Tools new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Moonlight Tools ?

The average salary of a new Product Development Engineer at Moonlight Tools in India typically ranges from ₹2.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of new Product Development Engineer at Moonlight Tools earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. new Product Development Engineer Salaries at Moonlight Tools 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 5 Moonlight Tools employees in India.

What is the estimated take home salary of a new Product Development Engineer at Moonlight Tools in India?

The estimated take-home salary of a new Product Development Engineer at Moonlight Tools in India typically ranges from ₹27,556 to ₹28,957 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 salaries received from various employees of Moonlight Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Moonlight Tools for new Product Development Engineer in India?

HCLTech	₹9.0 Lakhs to ₹16.0 Lakhs per year
Tech Mahindra	₹4.0 Lakhs to ₹7.0 Lakhs per year
TCS	₹3.4 Lakhs to ₹7.6 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Moonlight Tools, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Moonlight Tools in India?

The salary of a new Product Development Engineer at companies similar to Moonlight Tools in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros

₹1.7 Lakhs to ₹4.7 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 Moonlight Tools in India?

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

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.4 Lakhs to ₹6.8 Lakhs per year
4 years	₹2.4 Lakhs to ₹5.5 Lakhs per year

and so on.

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Moonlight Tools new Product Development Engineer Salaries

Moonlight Tools new Product Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Moonlight Tools latest salaries received from various employees of Moonlight Tools.