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Nichrome Product Development Executive salaries in India

Annual salary range
2 - 5 years exp.
₹2.3 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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31% less than the average Product Development Executive Salary for 2 - 5 years of experience

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Last Updated: 5 May 2023

Companies similar to Nichrome for Product Development Executive

Company name Avg Annual Salary Open Jobs
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ITC Product Development Executive Salary

0 - 5 years exp. (41 salaries)

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₹5.7 L/yr - ₹13 L/yr

arrow icon 141% more
1 job opening
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 33% less
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₹5.8 L/yr - ₹12 L/yr

arrow icon 104% more
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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 40% less
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₹3.5 L/yr - ₹8.2 L/yr

arrow icon 56% more
Product Development Executive salary at Nichrome ranges between ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Nichrome.

Latest annual salaries shared by Nichrome Product Development Executive

1y ago
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4 years exp.
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2 years exp.
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4 years exp.
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5 years exp.
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3 years exp.
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2 years exp.

Experience wise Nichrome Product Development Executive salaries

Last Updated: 5 May 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.3 L/yr

Similar Designation salaries in Nichrome

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₹3.85 L/yr - ₹3.85 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹5.8 L/yr - ₹7 L/yr
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₹2.5 L/yr - ₹6.7 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Quality Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.5 L/yr - ₹8.1 L/yr

Salary related reviews for Nichrome

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Research & Development Department

3.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

1) Company owners are good. 2) 5 days working, indirectly support work life balance.

  • Job security - Good

Dislikes

1) Company lacks innovative & progressive approach in machine. Further reluctant to adapt new technologies & taking challenges. 2) Young employee force are not sustainable for long tenure due to extreme internal politics. 3) Since last 5 years best cream of employees have left company, now left with remaining almost 70% of employees are working with company for min. 15 years plus which are not overall best efficient.

read more
  • Salary - Poor
  • +4 more

Sales & Business Development Department

1.0
  •  posted on 16 Oct 2022

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Worst experience I ever had in my 8years of career.. unhygenic environment. Lack of upgradation using very old system. They beliver in reference employee over talented people like dad can recommend his son for any department of there is vacancy in the company or uncle can give refrence of his nephew etc etc. They look for peoples who does donkey work 😂😂😂

read more
  • Salary - Bad
  • +6 more

Procurement & Supply Chain Department

5.0
  •  posted on 09 Apr 2021

5.0
 for  Salary and Benefits

Likes

If you works sincerely then you should not worry about your job, because management also looks like you people and encourages you. As

read more
  • Salary - Excellent
  • +6 more

Dislikes

As usual some peoples takes a credit of a work which they never did

Quality Assurance Department

5.0
  •  posted on 04 Sep 2017

4.0
 for  Salary and Benefits

Likes

Great company to work. Excellent working atmosphere. Good opportunities for show casing your Talent.

  • Salary - Good
  • +6 more

Dislikes

Needs improvement in Consultant dictatorship behaviour, which needs to be tamed down by the Top management.

see more salary related reviews

Nichrome Product Development Executive Salary FAQs

What is the salary of Product Development Executive at Nichrome ?
The average salary of a Product Development Executive at Nichrome in India typically ranges from ₹2.3 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Product Development Executive at Nichrome earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Product Development Executive Salaries at Nichrome 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 Nichrome employees in India.
What is the estimated take home salary of a Product Development Executive at Nichrome in India?
The estimated take-home salary of a Product Development Executive at Nichrome in India typically ranges from ₹26,174 to ₹27,596 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 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 6 salaries received from various employees of Nichrome. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nichrome for Product Development Executive in India?
ITC ₹5.7 Lakhs to ₹13.0 Lakhs per year
ITC Life Sciences & Technology Centre ₹5.8 Lakhs to ₹12.0 Lakhs per year
MTR Foods ₹3.5 Lakhs to ₹8.2 Lakhs per year

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

Indiamart Intermesh ₹1.7 Lakhs to ₹3.5 Lakhs per year
Asl Infosystem ₹1.5 Lakhs to ₹2.6 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 Product Development Executive at Nichrome in India?
The salary growth for a Product Development Executive at Nichrome depends on factors such as experience, performance, and promotions. On average, a Product Development Executive can expect the following growth trajectory at Nichrome:

Experience Average Salary Range
2 years ₹2.3 Lakhs to ₹3.1 Lakhs per year
3 years ₹3.1 Lakhs to ₹5.6 Lakhs per year
4 years ₹3.9 Lakhs to ₹4.4 Lakhs per year
5 years ₹2.0 Lakhs to ₹5.3 Lakhs per year
and so on.

Tell us how to improve this page.

Nichrome Product Development Executive salary in India ranges between ₹2.3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Nichrome latest salaries received from various employees of Nichrome.