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Neosym Industry Development Engineer salaries in India

Annual salary range
2 - 15 years exp.
₹2.9 Lakhs - ₹4.5 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.
Avg. annual salary
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Monthly In-hand Salary

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53% less than the average Development Engineer Salary in Auto Components Companies for 2 - 15 years of experience

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Salaries in different departments

Research & Development
Development Engineer Salary
3 - 10 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.2 L/yr

Production, Manufacturing & Engineering
Development Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 14 Sep 2024

Companies similar to Neosym Industry for Development Engineer

Company name Avg Annual Salary Open Jobs
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Knorr-Bremse Development Engineer Salary

1 - 4 years exp. (6 salaries)

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₹4.5 L/yr - ₹9 L/yr

arrow icon 53% more
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Scania Development Engineer Salary

2 - 12 years exp. (4 salaries)

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₹34 L/yr - ₹47 L/yr

arrow icon 949% more
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₹2 L/yr - ₹4.7 L/yr

arrow icon 13% less
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 5% more
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FCC Clutch Development Engineer Salary

1 - 3 years exp. (3 salaries)

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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 10% less
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Goodyear Development Engineer Salary

1 - 2 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 25% less
Development Engineer salary at Neosym Industry ranges between ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Neosym Industry.

Latest annual salaries shared by Neosym Industry Development Engineer

3mo ago
₹2.9 Lakhs
2 years exp.
1y ago
₹4.5 Lakhs
15 years exp.
1y ago
₹3 Lakhs
4 years exp.
1y ago
₹3.8 Lakhs
3 years exp.
1y ago
₹4.2 Lakhs
10 years exp.

Experience wise Neosym Industry Development Engineer salaries

Last Updated: 14 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Neosym Industry

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹4.75 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Senior Engineer Salary
(50 salaries)
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₹3.8 L/yr - ₹8 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.8 L/yr - ₹4.5 L/yr
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₹2.4 L/yr - ₹3.8 L/yr
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₹2.5 L/yr - ₹5.55 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Junior Engineer Salary
(11 salaries)
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₹3.2 L/yr - ₹4.8 L/yr

Salary related reviews for Neosym Industry

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

It's a very good company for new employees to learn from, and new employees are paid a very good salary.

read more

Dislikes

The oldest employees in this company are not valued at all, and if you look at their average salary, you will understand how low their salaries are.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Personnel & Administration Department

3.0
  •  posted on 25 Aug 2020

4.0
 for  Salary and Benefits

Likes

Neosym industry limited policy are good for training company give good salary and bonus for workers. Company environment and culture is also good for workers.

read more
  • Salary - Good

Dislikes

Company administration is not good for staff, cafeteria canteen facilities are poor and never proper solution after complain about any queries. Job is never secure for staff. Company poltics are not good for staff.

read more
  • Job security - Poor

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 04 Jan 2025

4.0
 for  Salary and Benefits

Likes

There is lot to learn for a person who is starting his career. Once you get settled there you enjoy the work pressure. If you can't bear pressure neosym is not for you. You get to know various grades and various core making process.

read more
  • Salary - Good
  • +5 more

Dislikes

The house keeping can be done in a better way .

Full Time

 · 

Research & Development Department

5.0
  •  posted on 10 Oct 2024

4.0
 for  Salary and Benefits

Likes

While working, the guidance is very good, the managing director of the company also has a personal conversation, and Mr. Swapnil Jathar of the personnel administration also gives personal consideration, helps in the difficulties and also gives the right advice to the workers.

read more
  • Salary - Good
  • +4 more

Dislikes

No any chance

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 19 Jun 2024

2.0
 for  Salary and Benefits

Likes

Only CK Birla group brand. Nothing is special in this company.

Dislikes

It is not great place to work. Actually it is worst place to work. This survey also very fraud No one is technically perfect in this company. Only Jugad approach. I will never suggest to work in Neosym.

read more
  • Salary - Poor
  • +6 more
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Neosym Industry Development Engineer Salary FAQs

What is the salary of Development Engineer at Neosym Industry ?
The average salary of a Development Engineer at Neosym Industry in India typically ranges from ₹2.9 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Development Engineer at Neosym Industry earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Development Engineer Salaries at Neosym Industry 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 5 Neosym Industry employees in India.
What is the estimated take home salary of a Development Engineer at Neosym Industry in India?
The estimated take-home salary of a Development Engineer at Neosym Industry in India typically ranges from ₹28,216 to ₹29,607 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 15 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 5 salaries received from various employees of Neosym Industry. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Neosym Industry for Development Engineer in India?
Scania ₹34.0 Lakhs to ₹47.0 Lakhs per year
Knorr-Bremse ₹4.5 Lakhs to ₹9.0 Lakhs per year
Toyoda Gosei Minda ₹2.5 Lakhs to ₹4.8 Lakhs per year

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

FCC Clutch ₹2.8 Lakhs to ₹3.8 Lakhs per year
International Automotive Components ₹2.0 Lakhs to ₹4.7 Lakhs per year
Goodyear ₹2.2 Lakhs to ₹3.5 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 Development Engineer at Neosym Industry in India?
The salary growth for a Development Engineer at Neosym Industry depends on factors such as experience, performance, and promotions. On average, a Development Engineer can expect the following growth trajectory at Neosym Industry:

Experience Average Salary Range
2 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
3 years ₹1.3 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.0 Lakhs to ₹6.0 Lakhs per year
5 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Neosym Industry Development Engineer salary in India ranges between ₹2.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Neosym Industry latest salaries received from various employees of Neosym Industry.