NELCAST new Product Development Engineer Salaries by 6 Employees (Updated 2024)

9 - 14 years exp.

₹4.5 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

34% more than the average new Product Development Engineer Salary in Iron & Steel Companies for 9 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA new Product Development Engineer Salary 9 - 13 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr
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Research & Development new Product Development Engineer Salary 9 - 14 years exp. (3 salaries)	₹5.1 L/yr - ₹6.1 L/yr

Last Updated: 27 Jun 2023

Companies similar to NELCAST for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 13% less
Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 43% more
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Endurance Technologies new Product Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 43% less
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 41% less
Suprajit Engineering new Product Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 14% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 17% less
MM Forgings new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.1 L/yr 53% less
Kirloskar Ferrous Industries new Product Development Engineer Salary 6 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 34% less

new Product Development Engineer salary at NELCAST ranges between ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of NELCAST.

Experience wise NELCAST new Product Development Engineer salaries

Last Updated: 27 Jun 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.5 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.1 L/yr
14 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr

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Similar Designation salaries in NELCAST

Production Engineer Salary

(4 salaries)

₹3 L/yr - ₹7 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Assistant Engineer Salary

(5 salaries)

₹1.8 L/yr - ₹3.15 L/yr

Production Manager Salary

(3 salaries)

₹6 L/yr - ₹8.1 L/yr

Design Engineer Salary

(6 salaries)

₹1.2 L/yr - ₹4.2 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2 L/yr - ₹4.32 L/yr

Senior Engineer Salary

(11 salaries)

₹2.8 L/yr - ₹6 L/yr

Production Supervisor Salary

(9 salaries)

₹2 L/yr - ₹5 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Quality Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.16 L/yr

Salary related reviews for NELCAST

Production Supervisor in Chennai

Project & Program Management Department

4.0

• posted on 30 Jul 2019

2.0

for Salary and Benefits

Likes

...ing company in industry field...but there is more politics on higher officers... Very low salary..but we can learn completely

Dislikes

Low Salary... No respect to the employees

Supervisor in Gudur

Quality assurance Department

4.0

• posted on 23 Sep 2019

1.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I 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 client’s location.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 8 hours straight in a day as I have to attend

NPD Engineer in Nellore

Full Time

Research & Development Department

5.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

Excellent technical supporting team. Excellent good people. Excellent quality of canteen. Excellent benefits Excellent work life balance settep Like family culture I am luckiest person for joining nelcast team. Safety concern point of view Excellent. Good quality part making. Excellent training. Excellent senior support. Highly educational people sounding

Dislikes

Nothing to say dislike points.

Supervisor 1 in Gudur

Full Time

Other Department

4.0

• posted on 07 Oct 2023

3.0

for Salary and Benefits

Likes

Nelcast is the Largest Jobbing Foundry in India for the manufacturing of Ductile & Grey Iron Castings. Our products cater to the Global Automotive, Tractor, Construction, Mining, Railways and General Engineering sectors and we are proud to have as our customers, the leading companies in these sectors worldwide.

Dislikes

General Manager in Guduru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Sep 2023

2.0

for Salary and Benefits

Likes

Nothing and no skill employees. No system but making profit. Highly politics between ex employees of ashok Leyland either retired or verge of retirement and young team of nelcast.

Dislikes

Highly politics between ex employee team of ashok Leyland or ennore foundry ( retired / verge of retirement).

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Top trending discussions

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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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NELCAST new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at NELCAST?

new Product Development Engineer salary at NELCAST in India ranges between ₹4.5 Lakhs to ₹6.1 Lakhs for experience between 9 years to 14 years. According to our estimates it is 34% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of NELCAST India.

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

The average salary of a new Product Development Engineer at NELCAST is 34% 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 NELCAST to a new Product Development Engineer in India?

Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year

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

Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
Suprajit Engineering new Product Development Engineer Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
Kirloskar Ferrous Industries new Product Development Engineer Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
Samvardhana Motherson Group new Product Development Engineer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at NELCAST ranges between ₹39,974 per month to ₹41,139 per month in India. The take-home salary calculation is based on the average NELCAST new Product Development Engineer salary in India which ranges between ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the NELCAST new Product Development Engineers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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NELCAST new Product Development Engineer Salaries

NELCAST new Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 NELCAST latest salaries received from various employees of NELCAST.