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Samvardhana Motherson Group Senior Engineer Product Development salaries in India

Annual salary range
5 - 7 years exp.
₹5 Lakhs - ₹7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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61% less than the average Senior Engineer Product Development Salary in Auto Components Companies for 5 - 7 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Samvardhana Motherson Group for Senior Engineer Product Development

Company name Avg Annual Salary Open Jobs
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₹9.3 L/yr - ₹11.1 L/yr

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₹3.1 L/yr - ₹5.5 L/yr

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₹6.5 L/yr - ₹7.4 L/yr

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₹7 L/yr - ₹19.5 L/yr

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₹4.2 L/yr - ₹5.8 L/yr

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Senior Engineer Product Development salary at Samvardhana Motherson Group ranges between ₹5 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Samvardhana Motherson Group.

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

1y ago
₹5.5 Lakhs
7 years exp.
1y ago
₹6.2 Lakhs
5 years exp.
1y ago
₹7 Lakhs
6 years exp.
1y ago
₹5 Lakhs
6 years exp.

Experience wise Samvardhana Motherson Group Senior Engineer Product Development salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr

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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

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 13 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security and salary on time

  • Job security - Excellent
  • +1 more

Dislikes

Less learning and orthodox manual controlled working, slow decision making as it is not distributed through hierarchy. Processes are not implemented on ground level. Un-educated egoistic person are leading departments.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 01 Feb 2025

4.0
 for  Salary and Benefits

Likes

Work life balance,timely salary received, promotion in three to five years, annual increment .

  • Salary - Good
  • +6 more

Dislikes

Salary structure is not same for same designation. As now mostly MNC have pay scale bandwidth . This to this range and for example Assitant Manager position pay scale 9PLA to 10PLA. But in Motherson variation gap is more. It is must to maintain the designation decorum as per market standards.

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 13 Sep 2023

3.0
 for  Salary and Benefits

Likes

Fixed Salary without any variable component and a very simple and down to earth Chairman who really cares for shop floor associates.

read more

Dislikes

Strong politics,No support from Senior leadership.Adhoc job role allocation and no trainings or exposure provided even when moving to a entirely different role for which you were not hired.Absolutely no connect with Chairman and Vice Chairman Sir.HR function is non existent.

read more
  • Skill development - Bad
  • +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
see more salary related reviews

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Samvardhana Motherson Group Senior Engineer Product Development Salary FAQs

What is the salary of Senior Engineer Product Development at Samvardhana Motherson Group ?
The average salary of a Senior Engineer Product Development at Samvardhana Motherson Group in India typically ranges from ₹5.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Senior Engineer Product Development at Samvardhana Motherson Group earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Senior Engineer Product Development 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 Senior Engineer Product Development at Samvardhana Motherson Group in India?
The estimated take-home salary of a Senior Engineer Product Development at Samvardhana Motherson Group in India typically ranges from ₹44,793 to ₹45,887 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 5 years to 7 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.
Which companies offer higher salaries than Samvardhana Motherson Group for Senior Engineer Product Development in India?
Bosch ₹7.0 Lakhs to ₹19.5 Lakhs per year
Faurecia ₹9.3 Lakhs to ₹11.1 Lakhs per year
Brakes India ₹6.5 Lakhs to ₹7.4 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 Senior Engineer Product Development in companies similar to Samvardhana Motherson Group in India?
The salary of a Senior Engineer Product Development at companies similar to Samvardhana Motherson Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JBM Group ₹4.2 Lakhs to ₹5.8 Lakhs per year
L.G.Balakrishnan & Bros ₹3.1 Lakhs to ₹5.5 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 Senior Engineer Product Development at Samvardhana Motherson Group in India?
The salary growth for a Senior Engineer Product Development at Samvardhana Motherson Group depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Product Development can expect the following growth trajectory at Samvardhana Motherson Group:

Experience Average Salary Range
5 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
6 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
and so on.

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Samvardhana Motherson Group Senior Engineer Product Development salary in India ranges between ₹5 Lakhs to ₹7 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.