NELCAST new Product Development Engineer Salaries by 6 Employees

9 - 14 years exp.

₹4.5 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

30% 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
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
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INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 24% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 40% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 30% 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

View all

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

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 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

(3 salaries)

₹4.1 L/yr - ₹7 L/yr

Quality Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.6 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

Skill development - Excellent

+1 more

Dislikes

Low Salary... No respect to the employees

Salary - Poor

+1 more

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.

Skill development - Excellent

+3 more

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

Salary - Bad

+2 more

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

Salary - Excellent

+6 more

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.

Skill development - Excellent

+2 more

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).

Salary - Poor

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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NELCAST new Product Development Engineer Salary FAQs

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

The average salary of a new Product Development Engineer at NELCAST in India typically ranges from ₹4.5 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of new Product Development Engineer at NELCAST earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. new Product Development Engineer Salaries at NELCAST 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 6 NELCAST employees in India.

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 in India typically ranges from ₹39,974 to ₹41,139 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 9 years to 14 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 6 salaries received from various employees of NELCAST. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a new Product Development Engineer at companies similar to NELCAST in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
Kirloskar Ferrous Industries	₹3.2 Lakhs to ₹4.0 Lakhs per year
L.G.Balakrishnan & Bros	₹1.7 Lakhs to ₹4.7 Lakhs per year
MM Forgings	₹2.3 Lakhs to ₹3.1 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 NELCAST in India?

The salary growth for a new Product Development Engineer at NELCAST depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at NELCAST:

Experience	Average Salary Range
9 years	₹4.5 Lakhs to ₹5.1 Lakhs per year
10 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
11 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
12 years	₹5.1 Lakhs to ₹5.5 Lakhs per year

and so on.

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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.