NTF Group new Product Development Engineer Salaries by 7 Employees

0 - 8 years exp.

₹3.6 Lakhs - ₹5 Lakhs

Salary of majority employees

10% more than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 8 years of experience

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Last Updated: 24 Aug 2024

Companies similar to NTF Group for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rabwin Industries new Product Development Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 43% less
Sandfits Foundries new Product Development Engineer Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 41% less
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ONKAR DIES new Product Development Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹5.1 L/yr 17% less
Tube Investments of India new Product Development Engineer Salary 1 - 8 years exp. (4 salaries)	₹1.6 L/yr - ₹3.3 L/yr 49% less
IFB new Product Development Engineer Salary 5 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹7.8 L/yr 41% more
Nagata India new Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4 L/yr 16% less
Kyb Motorcycle Suspension new Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 41% less
VE Commercial Vehicles new Product Development Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr 49% less
Kun Aero Space new Product Development Engineer Salary 5 - 20 years exp. (3 salaries)	₹5.4 L/yr - ₹12 L/yr 69% more

new Product Development Engineer salary at NTF Group ranges between ₹3.6 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 7 latest salaries received from various employees of NTF Group.

Experience wise NTF Group new Product Development Engineer salaries

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in NTF Group

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Engineer Salary

(24 salaries)

₹2.6 L/yr - ₹5.4 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹14.7 L/yr - ₹18.7 L/yr

Design Engineer Salary

(6 salaries)

₹3 L/yr - ₹4.7 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2.7 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(56 salaries)

₹4.4 L/yr - ₹9.74 L/yr

Production Supervisor Salary

(4 salaries)

₹3 L/yr - ₹4.4 L/yr

NPD Engineer Salary

(5 salaries)

₹3 L/yr - ₹3.85 L/yr

Salary related reviews for NTF Group

3.3

Rated by 2 employees for salary & benefits

Production Engineer in Manesar

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 25 Sep 2024

4.0

for Salary and Benefits

Likes

Salery is decent in manesar area average enginner salery is around 50-60k . some engineers with 40k salery and some old with 60-70k .

Salary - Good

Dislikes

work life balance is very poor . no holidays. work on weekend although the holidays are similar to maruti suzuki but you have to do overtime without pay. system is very poor . salery delay like 10-20 of every month . work like donkey and still your work is zero.

Work satisfaction - Bad

+2 more

HR Executive Generalist in Becharaji

Full Time

Human Resources Department

3.0

• posted on 18 Aug 2023

3.0

for Salary and Benefits

Likes

Salary

Job security - Good

+1 more

Dislikes

Delayed Salary Unsystematic work Culture Worst Organisation Structure, Everyone is AGM Nepotism, most of the employees are relatives Planning is Zero no inventory Poor plant Layout Unskilled Staff & Workers No Documentation in any Department Using Old methods to process Bills

Skill development - Bad

+3 more

Graduate Engineer Trainee (Get) in Gurgaon / Gurugram

Full Time

Research & Development Department

5.0

• posted on 06 Mar 2023

5.0

for Salary and Benefits

Likes

Best thing about this company u will get a chance to learn about many things.

Salary - Excellent

+6 more

Dislikes

Every company have some cons ..... As that this company also have that is about its work system is not that much effective... But if u want to learn and want to grow it's good to join this company.

Assistant Manager Maintenance in IMT Manesar Sector -8 Plot-400

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Jun 2023

2.0

for Salary and Benefits

Likes

There is no time line to come and go to home, work pressure is too more. You have to work minimum 12-13 hrs daily.

Dislikes

Work life balence is terrible , after working alot no job security, dirty politics. Seniors will support to their relatives. Castism is much more .

Salary - Poor

+6 more

Process Engineer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Dec 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation.New machine like injection moulding also be introduced.Teammates are so good they are helping to learn new process.I know here how to control manpower&get maximum output from them.

Salary - Good

+5 more

Dislikes

Growth is slow.Process is fix no more thing for learnig 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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NTF Group new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at NTF Group ?

The average salary of a new Product Development Engineer at NTF Group in India typically ranges from ₹3.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of new Product Development Engineer at NTF Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. new Product Development Engineer Salaries at NTF Group 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 7 NTF Group employees in India.

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

The estimated take-home salary of a new Product Development Engineer at NTF Group in India typically ranges from ₹33,428 to ₹34,691 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 7 salaries received from various employees of NTF Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NTF Group for new Product Development Engineer in India?

Kun Aero Space	₹5.4 Lakhs to ₹12.0 Lakhs per year
IFB	₹5.5 Lakhs to ₹7.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NTF Group, depending on the role and experience level.

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

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

Nagata India	₹3.1 Lakhs to ₹4.0 Lakhs per year
ONKAR DIES	₹2.7 Lakhs to ₹5.1 Lakhs per year
Sandfits Foundries	₹2.0 Lakhs to ₹3.0 Lakhs per year
Kyb Motorcycle Suspension	₹1.5 Lakhs to ₹3.0 Lakhs per year
Rabwin Industries	₹2.3 Lakhs to ₹3.0 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 NTF Group in India?

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

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹7.4 Lakhs per year
1 year	₹3.6 Lakhs to ₹7.6 Lakhs per year
2 years	₹1.7 Lakhs to ₹4.6 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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NTF Group new Product Development Engineer Salaries

NTF Group new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 NTF Group latest salaries received from various employees of NTF Group.