Mungi Group new Product Development Engineer Salaries by 5 Employees (Updated 2024)

4 - 9 years exp.

₹4.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

37% more than the average new Product Development Engineer Salary in Auto Components Companies for 4 - 9 years of experience

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Last Updated: 25 Nov 2024

Companies similar to Mungi Group for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (10 salaries)	₹2 L/yr - ₹7.4 L/yr 7% less
Hical Technologies new Product Development Engineer Salary 1 - 7 years exp. (16 salaries)	₹1.7 L/yr - ₹6.7 L/yr 25% less
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S. M. Auto Engineering new Product Development Engineer Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 29% less
International Automotive Components new Product Development Engineer Salary 4 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹10 L/yr 45% more
Surin Automotive new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr 19% less
Rajsriya Automotive Industries new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹2.6 L/yr 54% less
Hema Engineering Industries new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4.1 L/yr 44% less
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 22% less
India Japan Lighting new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 26% less

new Product Development Engineer salary at Mungi Group ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mungi Group.

Experience wise Mungi Group new Product Development Engineer salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in Mungi Group

Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Development Engineer Salary

(14 salaries)

₹2.6 L/yr - ₹7.2 L/yr

Production Engineer Salary

(87 salaries)

₹1.5 L/yr - ₹6.1 L/yr

Senior Design Engineer Salary

(8 salaries)

₹3.4 L/yr - ₹7 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Production Manager Salary

(4 salaries)

₹10.5 L/yr - ₹17.5 L/yr

Design Engineer Salary

(16 salaries)

₹2 L/yr - ₹5.6 L/yr

Mechanical Engineer Salary

(11 salaries)

₹1.8 L/yr - ₹6.25 L/yr

Salary related reviews for Mungi Group

4.0

Rated by 1 employees for salary & benefits

Shift Engineer Production in Nashik

Contractual

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Oct 2024

2.0

for Salary and Benefits

Likes

Colleagues are very nice. Nothing best than here.

Dislikes

Salary is terrific for everyone. Company's management is totally harassing to employees. Company is full of politics. Engineers are working on the contractual basis.

Executive Maintenance Engineer

Maintenance Department

5.0

• posted on 10 Jun 2020

4.0

for Salary and Benefits

Likes

In lockdown Half salary provided to all employees, I think this was good support by company, But immediately after lockdown when company starts management reduced employees on large scale which I think most terrible experience for employees.

Dislikes

No Job security at all, but management gives two months salary while relieving you

Senior Cell Owner, Quality Assurance in Nashik

Finance & Accounting Department

4.0

• posted on 31 Oct 2020

4.0

for Salary and Benefits

Likes

... were supportive. Canteen facility , with fitness & health awareness training. Salary hike & appraisal are average.

Dislikes

Career opportunities.

ITI Fitter in Nashik

Other Department

5.0

• posted on 29 Sep 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that l am a part of a team that markets reliable, high-quality products and has a global client base. As a result. I get to travel abroad, especially to the US and Canada. But on site travel is completely dependent on your project and clients location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re hire policy here

Dislikes

Compensation is decent, but growth is slowly.the work pressure is very high. Sometimes

Senior Purchase Officer in Nashik

Procurement & Supply Chain Department

4.0

• posted on 15 May 2018

3.0

for Salary and Benefits

Likes

The company is most progressive, There is a lots of scope to improve your self. Who have energetic & passion to work out of boundaries, they have a see to dive freely up the strength. The very large canvas available to prove your strength.

Dislikes

You will get the smart package, but also gets lots of work pressure, and misarable personal life.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mungi Group new Product Development Engineer Salary FAQs

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

new Product Development Engineer salary at Mungi Group in India ranges between ₹4.5 Lakhs to ₹5.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 37% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mungi Group India.

How does the salary of a new Product Development Engineer at Mungi Group India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Mungi Group is 37% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mungi Group to a new Product Development Engineer in India?

International Automotive Components new Product Development Engineer Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year

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

Mahindra & Mahindra new Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.4 Lakhs per year
Surin Automotive new Product Development Engineer Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
Gestamp new Product Development Engineer Salary - ₹3.9 Lakhs to ₹6.8 Lakhs per year
Hical Technologies new Product Development Engineer Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
India Japan Lighting new Product Development Engineer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Mungi Group ranges between ₹41,051 per month to ₹42,201 per month in India. The take-home salary calculation is based on the average Mungi Group new Product Development Engineer salary in India which ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Mungi Group?

According to AmbitionBox, 50% of the Mungi Group new Product Development Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Mungi Group new Product Development Engineer Salaries

Mungi Group new Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mungi Group latest salaries received from various employees of Mungi Group.