Polar Auto And Engineering Industries new Product Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2.5 Lakhs - ₹4.8 Lakhs

Salary of majority employees

18% less than the average new Product Development Engineer Salary for 1 - 3 years of experience

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Last Updated: 16 Jun 2024

Companies similar to Polar Auto And Engineering Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 11% less
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 70% more
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Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 1% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 52% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 174% more
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 162% more
TVS Motor new Product Development Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 20% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 149% more
Enco Engineers Combine new Product Development Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 5% more
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 38% more

new Product Development Engineer salary at Polar Auto And Engineering Industries ranges between ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Polar Auto And Engineering Industries.

Experience wise Polar Auto And Engineering Industries new Product Development Engineer salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr

Similar Designation salaries in Polar Auto And Engineering Industries

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Production Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹3.6 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹16.3 L/yr - ₹20.8 L/yr

Design Engineer Salary

(6 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

NPD Engineer Salary

(4 salaries)

₹1.95 L/yr - ₹2.5 L/yr

Salary related reviews for Polar Auto And Engineering Industries

HR Executive in Faridabad

Full Time

Human Resources Department

1.0

• posted on 08 Jul 2023

1.0

for Salary and Benefits

Likes

There is nothing to like about this company at all.

Dislikes

I dislike everything, it is the most uncultured, unethical, the most unhygienic place to work and they do not even respect other people no matter who that is ..there is no growth possible here because they never give opportunity to learn and grow.. they don't treat they colleagues and juniors as humans and are very disrespectful towards them and it is a very bad working environment where they do not boost your confidence. I would recommend please think 10 times before joining here.

Salary - Bad

+6 more

Quality Controller in Zaheerabad

Full Time

Quality Assurance Department

4.0

• posted on 30 Jun 2022

4.0

for Salary and Benefits

Likes

I was really happy & satisfied working with Polar Engg. & Auto Industries as i got to learn all the basics like Kaizen, Poka Yoke etc which enhanced my career

Salary - Good

+6 more

Dislikes

Nothing to dislike about the Polar industry. It is THE BEST platform for learners.

Executive Accountant in Faridabad

Finance & Accounting Department

1.0

• posted on 02 Feb 2022

1.0

for Salary and Benefits

Likes

Nothing to like in this company. I have evidence what they do in company.

Dislikes

One of the wrost company i had ever seen, terrible. Uncultured management,wrost management, they don't follow any rules. I had complaint in labour commissioner office.

Salary - Bad

+6 more

Production & Quality Engineer

Quality and production Department

3.0

• posted on 15 Jan 2019

3.0

for Salary and Benefits

Likes

It is an automobile manufacturing lndustry and it having good team I love the fact that I am a part of a team..

Skill development - Good

Dislikes

Growth is slow. When production decreases company will give the break for employees for few days

QA QC Mechanical Engineer in Faridabad

Qa-qc dept. Department

2.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Good company for freshers to learn about press shop, welding shop, paint shop, enamel shop, assembly shop ,tool room and design dept.

Dislikes

Seniors and MD. Play game with freshers to leave company after down schedule of next moths

Salary - Bad

+5 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Polar Auto And Engineering Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Polar Auto And Engineering Industries?

new Product Development Engineer salary at Polar Auto And Engineering Industries in India ranges between ₹2.5 Lakhs to ₹4.8 Lakhs for experience between 1 years to 3 years. According to our estimates it is 18% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Polar Auto And Engineering Industries India.

How does the salary of a new Product Development Engineer at Polar Auto And Engineering Industries India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Polar Auto And Engineering Industries is 18% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Polar Auto And Engineering Industries to a new Product Development Engineer in India?

Maruti Suzuki new Product Development Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Hero MotoCorp new Product Development Engineer Salary - ₹6.5 Lakhs to ₹11.8 Lakhs per year
Bajaj Auto new Product Development Engineer Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Mahindra & Mahindra new Product Development Engineer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Polar Auto And Engineering Industries in India?

Seoyon E-hwa Automotive new Product Development Engineer Salary - ₹3.4 Lakhs to ₹5.9 Lakhs per year
Enco Engineers Combine new Product Development Engineer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
Ashok Leyland new Product Development Engineer Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
Tata Motors new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.2 Lakhs per year
TVS Motor new Product Development Engineer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Polar Auto And Engineering Industries in India?

The estimated take-home salary of a new Product Development Engineer at Polar Auto And Engineering Industries ranges between ₹23,553 per month to ₹25,014 per month in India. The take-home salary calculation is based on the average Polar Auto And Engineering Industries new Product Development Engineer salary in India which ranges between ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Polar Auto And Engineering Industries?

According to AmbitionBox, 50% of the Polar Auto And Engineering Industries new Product Development Engineers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Polar Auto And Engineering Industries new Product Development Engineer Salaries

Polar Auto And Engineering Industries new Product Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Polar Auto And Engineering Industries latest salaries received from various employees of Polar Auto And Engineering Industries.

Polar Auto And Engineering Industries new Product Development Engineer salaries in India

Companies similar to Polar Auto And Engineering Industries for new Product Development Engineer

Latest annual salaries shared by Polar Auto And Engineering Industries new Product Development Engineer

Experience wise Polar Auto And Engineering Industries new Product Development Engineer salaries

Similar Designation salaries in Polar Auto And Engineering Industries

Salary related reviews for Polar Auto And Engineering Industries

HR Executive in Faridabad

Quality Controller in Zaheerabad

Executive Accountant in Faridabad

Production & Quality Engineer

QA QC Mechanical Engineer in Faridabad

Polar Auto And Engineering Industries new Product Development Engineer Salary FAQs

Tell us how to improve this page.