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Samvardhana Motherson Group Product Development Engineer salaries in Nashik

Annual salary range
2 - 6 years exp.
₹2.7 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% more than the average Product Development Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Samvardhana Motherson Group for Product Development Engineer in Nashik

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Samvardhana Motherson Group Product Development Engineer Salary

2 - 6 years exp. (4 salaries)

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₹2.7 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.1 L/yr - ₹5.6 L/yr

arrow icon 18% less
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₹3 L/yr - ₹3.8 L/yr

arrow icon 39% less
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₹2.6 L/yr - ₹3.2 L/yr

arrow icon 45% less
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₹2.5 L/yr - ₹3 L/yr

arrow icon 49% less
Product Development Engineer salary at Samvardhana Motherson Group ranges between ₹2.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Samvardhana Motherson Group.

Experience wise Samvardhana Motherson Group Product Development Engineer salaries in Nashik

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr

Similar Designation salaries in Samvardhana Motherson Group

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₹2.65 L/yr - ₹6 L/yr

Salary related reviews for Samvardhana Motherson Group

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.

read more
  • Salary - Poor
  • +3 more

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

read more
  • 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

read more
  • Work-life balance - Poor

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

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

  • Work satisfaction - Bad
  • +1 more

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.

read more
  • Salary - Poor
  • +4 more
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Samvardhana Motherson Group Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Samvardhana Motherson Group in Nashik?
The average salary of a Product Development Engineer at Samvardhana Motherson Group in Nashik typically ranges from ₹2.7 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Product Development Engineer in Nashik at Samvardhana Motherson Group earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. 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 4 Samvardhana Motherson Group employees in India.
What is the estimated take home salary of a Product Development Engineer at Samvardhana Motherson Group in Nashik?
The estimated take-home salary of a Product Development Engineer at Samvardhana Motherson Group in Nashik typically ranges from ₹40,079 to ₹41,243 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of Samvardhana Motherson Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Product Development Engineer in companies similar to Samvardhana Motherson Group in Nashik?
The salary of a Product Development Engineer at companies similar to Samvardhana Motherson Group in Nashik varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Uni Deritend ₹3.1 Lakhs to ₹5.6 Lakhs per year
Satpuda Engineering ₹3.0 Lakhs to ₹3.8 Lakhs per year
Koso India ₹2.6 Lakhs to ₹3.2 Lakhs per year
Teknocrats Control System ₹2.5 Lakhs to ₹3.0 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 Product Development Engineer at Samvardhana Motherson Group in Nashik?
The salary growth for a Product Development Engineer at Samvardhana Motherson Group in Nashik depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer in Nashik can expect the following growth trajectory at Samvardhana Motherson Group:

Experience Average Salary Range
2 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
5 years ₹5.5 Lakhs to ₹7.0 Lakhs per year
and so on.

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Samvardhana Motherson Group Product Development Engineer salary in Nashik ranges between ₹2.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Samvardhana Motherson Group latest salaries received from various employees of Samvardhana Motherson Group.