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Musashi Auto Parts new Product Development Engineer salaries in India

Annual salary range
4 - 5 years exp.
₹2.7 Lakhs - ₹5.5 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.
Salary of majority employees
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18% more than the average new Product Development Engineer Salary in Auto Components Companies for 4 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Musashi Auto Parts for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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new Product Development Engineer salary at Musashi Auto Parts ranges between ₹2.7 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Musashi Auto Parts.

Latest annual salaries shared by Musashi Auto Parts new Product Development Engineer

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5 years exp.
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Experience wise Musashi Auto Parts new Product Development Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹5.5 L/yr

Similar Designation salaries in Musashi Auto Parts

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₹6.8 L/yr - ₹8.6 L/yr
Development Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹2.15 L/yr - ₹7.83 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹4.1 L/yr - ₹8 L/yr
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₹1.7 L/yr - ₹6 L/yr
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₹9.65 L/yr - ₹15 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
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₹3 L/yr - ₹6.8 L/yr
Senior Engineer Salary
(126 salaries)
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₹4 L/yr - ₹11.24 L/yr

Salary related reviews for Musashi Auto Parts

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 24 Dec 2024

3.0
 for  Salary and Benefits

Likes

5S Working Culture Holidays plan sometime Training

  • Skill development - Good
  • +4 more

Dislikes

...to weekly plan in week 2.Poor reward salection system 3.Enaquality of wages 4.Festival bonus system 5.Somewhere tolerate coz life is one no other option .Explore respect and understand 6.No LTA medical 7.Sometime Food is not good in heizen and taste 8.Hand wash liquid not good many times 9.Holiday gate pass should be allow 10. Bathroom not heizen sometime 11. Cleaning not done by machine on blank area.

read more

Production, Manufacturing & Engineering Department

2.0
  •  posted on 11 Oct 2020

2.0
 for  Salary and Benefits

Likes

Musashi is manufacturering good quality parts # Company Culture is good Teammates are supportive

Dislikes

There is a lot of politics And very few salary for diploma For fresher students its company is very bad No any Future in this Plant company hire diploma students for two year later training after training company don't keep Thank you

read more
  • Salary - Poor
  • +5 more

Quality Assurance Department

5.0
  •  posted on 06 Apr 2019

2.0
 for  Salary and Benefits

Likes

I love the fact that I am a part of a team that provide very good quality products in the market

  • Skill development - Excellent
  • +2 more

Dislikes

Compensation is decent,but growth is slow.The work pressure is high.Seniors do not value an individual's unique strengths,why I have back my suggestions.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Tool Room Department

5.0
  •  posted on 13 Apr 2018

4.0
 for  Salary and Benefits

Likes

The company is open to innovation & readily adopts latest technology. I love the fact that I am a part of a team that markets reliable,high quality products &has a global client base.

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation is decent, but growth is slow.

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Sep 2022

3.0
 for  Salary and Benefits

Likes

Maintaining Good deciplaine,ontime salary timely appraisal.Good plateform to learn and explore the technology.

read more
  • Skill development - Good
  • +2 more

Dislikes

Some loo holes are there who are responsible for ruining the overall rating of a very good company.

  • Work-life balance - Poor
see more salary related reviews

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Musashi Auto Parts new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Musashi Auto Parts ?
The average salary of a new Product Development Engineer at Musashi Auto Parts in India typically ranges from ₹2.7 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of new Product Development Engineer at Musashi Auto Parts 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 Musashi Auto Parts 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 Musashi Auto Parts employees in India.
What is the estimated take home salary of a new Product Development Engineer at Musashi Auto Parts in India?
The estimated take-home salary of a new Product Development Engineer at Musashi Auto Parts in India typically ranges from ₹35,957 to ₹37,183 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years to 5 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 Musashi Auto Parts. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Musashi Auto Parts for new Product Development Engineer in India?
Michelin ₹11.6 Lakhs to ₹16.4 Lakhs per year
Mando Automotive ₹4.4 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Musashi Auto Parts, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Musashi Auto Parts in India?
The salary of a new Product Development Engineer at companies similar to Musashi Auto Parts in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Keihin Fie ₹2.8 Lakhs to ₹5.8 Lakhs per year
Motherson Automotive Technologies and Engineering ₹2.9 Lakhs to ₹7.5 Lakhs per year
SKH Metals ₹2.8 Lakhs to ₹7.0 Lakhs per year
Bridgestone ₹1.8 Lakhs to ₹6.5 Lakhs per year
Fleetguard Filters ₹2.0 Lakhs to ₹5.0 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 new Product Development Engineer at Musashi Auto Parts in India?
The salary growth for a new Product Development Engineer at Musashi Auto Parts depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Musashi Auto Parts:

Experience Average Salary Range
4 years ₹2.7 Lakhs to ₹5.5 Lakhs per year
5 years ₹5.5 Lakhs to ₹5.5 Lakhs per year
and so on.

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Musashi Auto Parts new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Musashi Auto Parts latest salaries received from various employees of Musashi Auto Parts.