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NewSpace Research and Technologies Research & Development Department Salaries in India

based on 42 latest salaries
Designation Avg Annual Salary Open Jobs
2 - 5 years exp. (10 salaries)
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₹6 L/yr - ₹12 L/yr

0 - 3 years exp. (8 salaries)
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₹6 L/yr - ₹6.2 L/yr

6 - 9 years exp. (7 salaries)
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₹8 L/yr - ₹20 L/yr

1 - 2 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹7.3 L/yr

Starting your career? Discover NewSpace Research and Technologies fresher salaries in India
5 - 9 years exp. (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.5 L/yr

5 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

2 years exp. (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.5 L/yr

1 job opening
7 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

3 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

2 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

7 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

9 years exp. (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

5 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

11 years exp. (AmbitionBox Estimate)
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₹21.9 L/yr - ₹28 L/yr

Last Updated: 6 Dec, 2024

Salary related reviews for NewSpace Research and Technologies

3.4

Rated by 4 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 26 May 2023

1.0
 for  Salary and Benefits

Likes

...d everything. NewSpace is a bubble just waiting to burst just like a Team Indus. No training whatsoever for skill improvement, don't pay salary on time, have gone for almost 3months without pay. Last year arrears are still not paid. HR keep giving increment to themselves. Aerospace systems is just selling the dream without knowhow of how to execute.

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Dislikes

It's a bubble just waiting to be burst. No respect to the employees, manager shouting on teammates on the floor. HR ignoring employees and forget them after hiring. They don't give relieving letter event after weeks of leaving. They don't pay your pf and tax that is deducted from your salary.

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Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

The projects we get to work on are interesting.

Dislikes

The company culture is poor, there are no events conducted by the company. No incentives given to the employees. The appraisal process is delayed. The appraisal percentage is very less even after getting good performance review.

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Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 21 Sep 2023

1.0
 for  Salary and Benefits

Likes

I had two rounds of interview and both the interviewers were very professional and casual during the interactions.

Dislikes

I got selected for the last and final round with the Founder, but it seems that the person is occupied with work and therefore HR team has no update on the interview schedule since 17th August, 2023. Nor do they provide clarity on road ahead. If the Company had doubts should have raised it in the initial rounds itself.

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Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 15 May 2024

1.0
 for  Salary and Benefits

Likes

5% of the people are actually good.

Dislikes

The HR team specially, the likes of names: Cletus and Bhavana are absolutely pathetic in the way they lie and treat people. HR at Newspace is nothing short of a scam department that makes sure to make the life of employees hell.

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Full Time

 · 

Strategic & Top Management Department

5.0
  •  posted on 29 Aug 2023

5.0
 for  Salary and Benefits

Likes

It's a company committed to the cause of our nation and working for Indian Armed Forces. Walking the path of Aatmanirbhar Bharat Abhiyaan and equipping th e nation with niche and futuristic technologies, equipment and solutions.

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Dislikes

It's a great place to work

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NewSpace Research and Technologies Salary FAQs

How much does NewSpace Research and Technologies pay per year?
The average NewSpace Research and Technologies salary ranges from approximately ₹3.2 Lakhs to ₹3.5 Lakhs per year for a Purchase Executive and ₹8 Lakhs to ₹20 Lakhs per year for a Design Engineer 3. Salary estimates are based on 42 NewSpace Research and Technologies salaries received from various employees of NewSpace Research and Technologies. NewSpace Research and Technologies employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in NewSpace Research and Technologies?
The highest-paying job at NewSpace Research and Technologies is a Design Engineer 3 with a salary of ₹8 Lakhs to ₹20 Lakhs per year. The top 10% of employees earn more than ₹21.70 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.
What is the minimum salary in NewSpace Research and Technologies?
Minimum salary at NewSpace Research and Technologies depends on the role you are applying for. For Quality Inspector the minimum salary is ₹3.1 Lakhs to ₹3.8 Lakhs per year, and for Design Engineer 1 the minimum salary is ₹6 Lakhs to ₹6.2 Lakhs per year and so on.
What is the notice period at NewSpace Research and Technologies in Research & Development Department?
According to AmbitionBox, 78% of the NewSpace Research and Technologies employees in Research & Development Department reported a notice period of 2 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at NewSpace Research and Technologies is INRunlock blur . Salary estimates are based on 42 NewSpace Research and Technologies latest salaries received from various employees of NewSpace Research and Technologies.

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