Polyfit Fabricators new Product Development Engineer Salaries by 6 Employees (Updated 2025)

0 - 21 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

13% less than the average new Product Development Engineer Salary for 0 - 21 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 0 - 21 years exp. (5 salaries)	₹2.5 L/yr - ₹4.3 L/yr
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Research & Development new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 25 Jan 2025

Companies similar to Polyfit Fabricators for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 61% more
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 135% more
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TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 47% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 164% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 77% more

new Product Development Engineer salary at Polyfit Fabricators ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 21 years. Salary estimates are based on 6 latest salaries received from various employees of Polyfit Fabricators.

Experience wise Polyfit Fabricators new Product Development Engineer salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
11 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
13 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr

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Similar Designation salaries in Polyfit Fabricators

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Engineer Salary

(5 salaries)

₹2.3 L/yr - ₹5.4 L/yr

Design Engineer Salary

(10 salaries)

₹2.76 L/yr - ₹5.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Production Supervisor Salary

(3 salaries)

₹1.8 L/yr - ₹3.2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Quality Engineer Salary

(12 salaries)

₹1.5 L/yr - ₹5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Top skills at Polyfit Fabricators for new Product Development Engineer

SAP CO Costing Product Design New Product Development AutoCAD Rework RFQ 3D Modeling CSWIP

Salary related reviews for Polyfit Fabricators

CNC Programmer in Chennai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Aug 2024

1.0

for Salary and Benefits

Likes

This company only a skill development centre.Not able to earning money.Its give lot of pain and depression. CNC SUPERVISOR WAS worst and tools management was poor.

Skill development - Excellent

Dislikes

When you want increment make sound use chin-chak heavy

Salary - Bad

+5 more

Chartered Accountant in Chennai

Full Time

Other Department

5.0

• posted on 20 Nov 2024

3.0

for Salary and Benefits

Likes

I'm learning more skills in that short period time And my teams is very good persons and MD sir Mohamed sir is wonderful person in my life.... Thanks a lots Polyfit fabricators private limited company.Im really missed my company 🥺❤️

Skill development - Excellent

+5 more

Dislikes

Nothing

Supervisor in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 Jun 2023

3.0

for Salary and Benefits

Likes

Companies i am working now cnc machine lathe machine welding machine have all kinds of machines people working here are good workers good job company

Promotions - Good

Dislikes

Now my income is less in the company i am working in and the system is not well maintained in this company so i want to work in a better company.

Company culture - Bad

+1 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

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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Polyfit Fabricators new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Polyfit Fabricators?

new Product Development Engineer salary at Polyfit Fabricators in India ranges between ₹2.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 21 years. According to our estimates it is 13% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Polyfit Fabricators India.

How does the salary of a new Product Development Engineer at Polyfit Fabricators India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Polyfit Fabricators is 13% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a new Product Development Engineer at Polyfit Fabricators?

SAP CO, Costing, Product Design, New Product Development and AutoCAD are some of the popular skills required to work as a new Product Development Engineer at Polyfit Fabricators India.

Which similar companies are paying more than Polyfit Fabricators to a new Product Development Engineer in India?

HCLTech new Product Development Engineer Salary - ₹5.0 Lakhs to ₹13.1 Lakhs per year
Bajaj Auto new Product Development Engineer Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Tech Mahindra new Product Development Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Mahindra & Mahindra new Product Development Engineer Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.6 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Polyfit Fabricators ranges between ₹25,106 per month to ₹26,543 per month in India. The take-home salary calculation is based on the average Polyfit Fabricators new Product Development Engineer salary in India which ranges between ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 21 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Polyfit Fabricators?

According to AmbitionBox, 67% of the Polyfit Fabricators new Product Development Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Polyfit Fabricators new Product Development Engineer Salaries

Polyfit Fabricators new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Polyfit Fabricators latest salaries received from various employees of Polyfit Fabricators.