Samvardhana Motherson Group new Product Development Engineer Salaries by 6 Employees

1 - 4 years exp.

₹2.5 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Samvardhana Motherson Group for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 2% more
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 15% more
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UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2.2 L/yr - ₹6.6 L/yr 31% more
Sansera Engineering new Product Development Engineer Salary 1 - 5 years exp. (12 salaries)	₹3.8 L/yr - ₹5.5 L/yr 35% more
Brakes India new Product Development Engineer Salary 1 - 14 years exp. (11 salaries)	₹1.5 L/yr - ₹8.8 L/yr 54% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 52% more
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 103% more
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹6.8 L/yr 21% more
Lumax Industries new Product Development Engineer Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹4.5 L/yr 10% less
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr 1% more
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 16% more
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Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 16% more
ZF Friedrichshafen new Product Development Engineer Salary 7 - 9 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 393% more
Amara Raja Group new Product Development Engineer Salary 0 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 8% more
Tata AutoComp Systems new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹6.2 L/yr 15% more

new Product Development Engineer salary at Samvardhana Motherson Group ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Samvardhana Motherson Group.

Experience wise Samvardhana Motherson Group new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in Samvardhana Motherson Group

Product Development Engineer Salary

(16 salaries)

₹2 L/yr - ₹6.5 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Production Engineer Salary

(485 salaries)

₹1.15 L/yr - ₹6 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Senior Design Engineer Salary

(73 salaries)

₹3.15 L/yr - ₹10 L/yr

Project Engineer Salary

(7 salaries)

₹3.12 L/yr - ₹4.05 L/yr

Senior Software Engineer Salary

(49 salaries)

₹6 L/yr - ₹17 L/yr

Production Officer Salary

(3 salaries)

₹1.2 L/yr - ₹2 L/yr

Assistant Engineer Salary

(972 salaries)

₹1 L/yr - ₹5.1 L/yr

Production Manager Salary

(36 salaries)

₹6.33 L/yr - ₹24 L/yr

Salary related reviews for Samvardhana Motherson Group

Senior Engineer in Noida

Full Time

Research & Development Department

2.0

• posted on 01 Mar 2025

2.0

for Salary and Benefits

Likes

Job security Skill development

Skill development - Good

+1 more

Dislikes

Work life balance was very poor Salary hike per year very low * hell will be better than its canteen* Cycle parking system was very bad. Surprise visit should required for this company.

Salary - Poor

+3 more

Quality Engineer in Nashik

Full Time

Quality Assurance Department

4.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

There are lot of trainings , you can learn a lot from this company and training from this company can help you to get another good company

Skill development - Good

+2 more

Dislikes

Since Nashik plant is warehouse, just assembly plant, so don’t expect good salary and increment. Lot of pressure and continuous unnecessary lectures by higher officials even after good performance in Quality

Work-life balance - Poor

Deputy Manager in Noida

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 May 2022

1.0

for Salary and Benefits

Likes

Job security is the only merit you have in mind when you work for this organisation.

Job security - Excellent

Dislikes

...ibility. Even Knowing its not feasible to make them work unneccesarily more. 6. Fresher salary is very low. One shouldn't start from here. 7. Simple tasks are made complicated due to politics which is driven by top management itself. Ultimately it's a multinational lala organisation.

Salary - Bad

+5 more

Deputy Manager in Sharjah

Full Time

Procurement & Supply Chain Department

5.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

...gement is very clear towards company's mission and vision to achieve milestones. Good compensation every year is a reward to every employee of organisation.

Skill development - Excellent

+1 more

Dislikes

Biased management with no criteria for rewards or promotion( all are equal)

Work satisfaction - Bad

+1 more

Design Engineer in Noida

Research & Development Department

3.0

• posted on 18 Aug 2022

2.0

for Salary and Benefits

Likes

Job security is the best thing. Repeated kind of work makes you comfortable for long time even if you are less skilled.

Job security - Excellent

Dislikes

...son Sumi. If you are even 1min late it has to be approved by reporting manager. Otherwise salary would be deducted. Timing to come office is fixed but there in no any timing of leave from office. employees treated as labour . There is not much benefit of technical degree. Even person having bsc and bcom degree are working in R& D and btech and mtech are given lower priority. Always struggle for leaves and salary.

Salary - Poor

+4 more

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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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Samvardhana Motherson Group new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Samvardhana Motherson Group ?

The average salary of a new Product Development Engineer at Samvardhana Motherson Group in India typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of new Product Development Engineer at Samvardhana Motherson Group earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. new Product Development Engineer Salaries at Samvardhana Motherson Group 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 6 Samvardhana Motherson Group employees in India.

What is the estimated take home salary of a new Product Development Engineer at Samvardhana Motherson Group in India?

The estimated take-home salary of a new Product Development Engineer at Samvardhana Motherson Group in India typically ranges from ₹23,491 to ₹24,953 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Samvardhana Motherson Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Samvardhana Motherson Group for new Product Development Engineer in India?

ZF Friedrichshafen	₹14.0 Lakhs to ₹20.0 Lakhs per year
Apollo Tyres	₹5.5 Lakhs to ₹9.0 Lakhs per year
Brakes India	₹1.5 Lakhs to ₹8.8 Lakhs per year
Bharat Forge	₹3.9 Lakhs to ₹5.6 Lakhs per year
Sansera Engineering	₹3.8 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a new Product Development Engineer in companies similar to Samvardhana Motherson Group in India?

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

UNO Minda	₹2.2 Lakhs to ₹6.6 Lakhs per year
TVS Sundram Fasteners	₹2.1 Lakhs to ₹6.8 Lakhs per year
Yazaki	₹2.1 Lakhs to ₹5.0 Lakhs per year
Magna International	₹2.8 Lakhs to ₹4.2 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 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 Samvardhana Motherson Group in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.4 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Samvardhana Motherson Group new Product Development Engineer Salaries

Samvardhana Motherson Group new Product Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Samvardhana Motherson Group latest salaries received from various employees of Samvardhana Motherson Group.

Samvardhana Motherson Group new Product Development Engineer salaries in India

Companies similar to Samvardhana Motherson Group for new Product Development Engineer

Latest annual salaries shared by Samvardhana Motherson Group new Product Development Engineer

Experience wise Samvardhana Motherson Group new Product Development Engineer salaries

Similar Designation salaries in Samvardhana Motherson Group

Salary related reviews for Samvardhana Motherson Group

Senior Engineer in Noida

Quality Engineer in Nashik

Deputy Manager in Noida

Deputy Manager in Sharjah

Design Engineer in Noida

Samvardhana Motherson Group new Product Development Engineer Salary FAQs

Tell us how to improve this page.