Upload Button Icon Add office photos
filter salariesFilter salaries by

Paracoat Products new Product Development Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹2.2 Lakhs - ₹3.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

32% less than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
new Product Development Engineer Salary
3 - 7 years exp. (4 salaries)
unlock-blur

₹2.5 L/yr - ₹3.5 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹2 L/yr - ₹2.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Paracoat Products for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
unlock blur

₹2.9 L/yr - ₹6.5 L/yr

arrow icon 113% more
unlock blur

₹3.5 L/yr - ₹4.8 L/yr

arrow icon 47% more
Logo
unlock blur

₹3.8 L/yr - ₹5.6 L/yr

arrow icon 84% more
unlock blur

₹2 L/yr - ₹5 L/yr

arrow icon 2% more
unlock blur

₹3.2 L/yr - ₹4.8 L/yr

arrow icon 40% more
unlock blur

₹2.1 L/yr - ₹8.6 L/yr

arrow icon 75% more
unlock blur

₹2.1 L/yr - ₹3 L/yr

arrow icon 11% less
unlock blur

₹3.9 L/yr - ₹4.8 L/yr

arrow icon 55% more
unlock blur

₹2.9 L/yr - ₹5 L/yr

arrow icon 30% more
unlock blur

₹2.5 L/yr - ₹4.4 L/yr

arrow icon 18% more
unlock blur

₹2.4 L/yr - ₹3.9 L/yr

arrow icon 19% more
unlock blur

₹3.6 L/yr - ₹3.7 L/yr

arrow icon 32% more
unlock blur

₹3.6 L/yr - ₹4.6 L/yr

arrow icon 46% more
unlock blur

₹3.6 L/yr - ₹4 L/yr

arrow icon 37% more
unlock blur

₹3 L/yr - ₹3.8 L/yr

arrow icon 20% more
new Product Development Engineer salary at Paracoat Products ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Paracoat Products.

Latest annual salaries shared by Paracoat Products new Product Development Engineer

1y ago
₹2.6 Lakhs
5 years exp.
1y ago
₹2.5 Lakhs
6 years exp.
1y ago
₹3.5 Lakhs
7 years exp.
1y ago
₹2.2 Lakhs
4 years exp.
1y ago
₹3 Lakhs
3 years exp.

Experience wise Paracoat Products new Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in Paracoat Products

Product Development Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹2.2 L/yr - ₹2.8 L/yr
unlock blur
₹2.3 L/yr - ₹5 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹6.3 L/yr - ₹8 L/yr
unlock blur
₹8.4 L/yr - ₹14 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹3.4 L/yr - ₹4.4 L/yr
unlock blur
₹3.1 L/yr - ₹5.25 L/yr
Senior Engineer Salary
(16 salaries)
unlock blur
₹2.4 L/yr - ₹7 L/yr
unlock blur
₹2.1 L/yr - ₹3.9 L/yr
NPD Engineer Salary
(4 salaries)
unlock blur
₹2 L/yr - ₹2.35 L/yr
unlock blur
₹1.8 L/yr - ₹4 L/yr

Salary related reviews for Paracoat Products

Production, Manufacturing & Engineering Department

4.0
  •  posted on 27 Jun 2018

3.0
 for  Salary and Benefits

Likes

Our company has very good working environment. Our seniors are very supportive they have to always increase our courage to do smart work for increasing Productivity, safety And Quality. We except challenge in our company for achieving company goals.

read more
  • Skill development - Good
  • +3 more

Dislikes

Only drawback is late salary payment.

Procurement & Supply Chain Department

1.0
  •  posted on 15 Dec 2021

1.0
 for  Salary and Benefits

Likes

Almost all department heads are very close to company director. It means your job is kind of secure if you have good terms with your department head.

read more

Dislikes

1) Low salary - They hire needy persons only so that they can use them anyhow they want. 2) Salary decrement - instead of increasing salaries, they have a culture of deducting employees salaries for every single reason, they can use as an excuse to do it. 3) Job security - Zero. Since 2018 ( in last 3 years) 6 people left (Ravi, his friend, saurabh, ombir, pawan, subodh) and 5 people joined in purchase department. This data is self-explanatory in itself. 4) Parveen Rana is poisonous snake in purchase. He starts crying every now and then to gain sympathy and save his job, although he is good for nothing. 5) Pankaj (driver of direct purchase vehicle) is another poisonous venom, who doesn't believe in obeying seniors because he got some personal relationships with purchase head. Overall, if you join there... you will feel like cursed, every single moment.

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

4.0
  •  posted on 15 Jun 2019

3.0
 for  Salary and Benefits

Likes

It was a good experience .The teammates are good and they are also giving good training. As come to career growth I'm not satisfied that much but overall environment of the company is good

read more
  • Job security - Good
  • +2 more

Dislikes

If i talk of dislikes about working then first thing comes into my mind is the salary, Work life balance , and much nore politics.

read more
  • Work-life balance - Poor

Full Time

 · 

Engineering - Hardware & Networks Department

5.0
  •  posted on 20 Dec 2024

5.0
 for  Salary and Benefits

Likes

BEST Platform to learn for freshers, nature of working is good .its good environment to work, helping each other to solve the if any problem arise, relationship between the employers is too good.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Work Satisfaction, Work-Life Balance

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 26 Aug 2024

1.0
 for  Salary and Benefits

Likes

Mujhe Paracoat me kuch bhi aacha nahi laga

Dislikes

Paracoat me Accounts Head ka bhut ganda behevar hai rajniti karta hai accounts me kisi ko jada din tikne nahi deta or parasan karta hai * Sabse Mukh Bat yah ki paracoat ke accounts Head ko kuch nahi aata uski naukri sirf esliye chal rahi kyuki vah rajniti karta hai management ke tel lagata hai sabse ganda ensan hai pura plant usse paresan hai

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Paracoat Products new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Paracoat Products ?
The average salary of a new Product Development Engineer at Paracoat Products in India typically ranges from ₹2.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of new Product Development Engineer at Paracoat Products earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. new Product Development Engineer Salaries at Paracoat Products 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 Paracoat Products employees in India.
What is the estimated take home salary of a new Product Development Engineer at Paracoat Products in India?
The estimated take-home salary of a new Product Development Engineer at Paracoat Products in India typically ranges from ₹19,455 to ₹21,127 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 Paracoat Products. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Paracoat Products for new Product Development Engineer in India?
Mungi Group ₹2.9 Lakhs to ₹6.5 Lakhs per year
EXEDY ₹3.8 Lakhs to ₹5.6 Lakhs per year
ZF Steering Gear ₹2.1 Lakhs to ₹8.6 Lakhs per year
Toyoda Gosei Minda ₹3.9 Lakhs to ₹4.8 Lakhs per year
Bellsonica Auto Component ₹3.5 Lakhs to ₹4.8 Lakhs per year

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

NVH India Auto Parts ₹3.6 Lakhs to ₹4.6 Lakhs per year
SMR Automotive Systems India ₹3.2 Lakhs to ₹4.8 Lakhs per year
Omax Autos ₹3.6 Lakhs to ₹4.0 Lakhs per year
Nissin Brake ₹3.6 Lakhs to ₹3.7 Lakhs per year
Jayashree Polymers ₹2.9 Lakhs to ₹5.0 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 Paracoat Products in India?
The salary growth for a new Product Development Engineer at Paracoat Products depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Paracoat Products:

Experience Average Salary Range
3 years ₹2.2 Lakhs to ₹2.9 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
5 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

Tell us how to improve this page.

Paracoat Products new Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Paracoat Products latest salaries received from various employees of Paracoat Products.