Polyplastics Industries (I) new Product Development Engineer Salaries by 6 Employees (Updated 2024)

2 - 8 years exp.

₹3.2 Lakhs - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

16% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 8 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹3.4 L/yr
Project & Program Management new Product Development Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
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Construction & Site Engineering new Product Development Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 15 Mar 2023

Companies similar to Polyplastics Industries (I) for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Supreme Industries new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹3.4 L/yr - ₹4.4 L/yr 14% more
Belrise Industries new Product Development Engineer Salary 0 - 9 years exp. (24 salaries)	₹2.2 L/yr - ₹5.4 L/yr 6% more
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Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 1 - 8 years exp. (20 salaries)	₹2.9 L/yr - ₹7.5 L/yr 38% more	1 job opening
Indo Autotech new Product Development Engineer Salary 1 - 5 years exp. (11 salaries)	₹2.6 L/yr - ₹4.8 L/yr 9% more
Delphi TVS new Product Development Engineer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4.1 L/yr 6% more
Mando Automotive new Product Development Engineer Salary 2 - 9 years exp. (7 salaries)	₹4.4 L/yr - ₹5.1 L/yr 48% more
Krishna Maruti new Product Development Engineer Salary 0 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 9% more
Musashi Auto Parts new Product Development Engineer Salary 4 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹5.5 L/yr 44% more
Keihin Fie new Product Development Engineer Salary 3 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹5.8 L/yr 42% more
Maini Precision Products new Product Development Engineer Salary 2 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹4.3 L/yr 4% less
Michelin new Product Development Engineer Salary 7 - 11 years exp. (3 salaries)	₹11.6 L/yr - ₹16.4 L/yr 307% more
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Forvia Hella new Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 22% less

new Product Development Engineer salary at Polyplastics Industries (I) ranges between ₹3.2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Polyplastics Industries (I).

Experience wise Polyplastics Industries (I) new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.9 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Polyplastics Industries (I)

Product Development Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Engineer Salary

(36 salaries)

₹2.5 L/yr - ₹4.8 L/yr

Senior Design Engineer Salary

(7 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Project Engineer Salary

(7 salaries)

₹2.85 L/yr - ₹3.84 L/yr

Assistant Engineer Salary

(59 salaries)

₹1.15 L/yr - ₹4.2 L/yr

Production Manager Salary

(4 salaries)

₹12.2 L/yr - ₹15 L/yr

Design Engineer Salary

(11 salaries)

₹2.35 L/yr - ₹9.48 L/yr

Mechanical Engineer Salary

(13 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Engineer Salary

(49 salaries)

₹3.6 L/yr - ₹6.4 L/yr

Salary related reviews for Polyplastics Industries (I)

Production Engineer in Yamunanagar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jun 2021

4.0

for Salary and Benefits

Likes

Company policies are good appraisals are fair and they give good salary and bonus every year

Dislikes

There is a bond of 2 years before we cannot resign this bond must not be employees employees work within any bond free of mind

Electrical Maintenance Engineer in Pune

Full Time

Other Department

5.0

• posted on 24 Sep 2023

3.0

for Salary and Benefits

Likes

All staff all people are supported and no pressure to work in a friendly environment and develop their skills and knowledge.

Dislikes

What you want responsibilities not given to you and as per roll and responsibility does not increase the salary.

Assistant Paint Shop Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

Quality Supervisor in Yamunanagar

Full Time

Quality Assurance Department

5.0

• posted on 13 Jan 2021

4.0

for Salary and Benefits

Likes

...ammates is transparent.there is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. there is a bond of 2 years before which you cannot resign.On the job training is not given to new joinees.

Design & Development Engineer in Yamunanagar

Full Time

Design and development Department

3.0

• posted on 02 Jan 2020

2.0

for Salary and Benefits

Likes

The company is good for production level. But not enough for tooling division. This company has a global clients like a GM , Maruti, Nissan etc.

Dislikes

Compensation and growth chance is very low only in tooling division.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Polyplastics Industries (I) new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Polyplastics Industries (I)?

new Product Development Engineer salary at Polyplastics Industries (I) in India ranges between ₹3.2 Lakhs to ₹3.4 Lakhs for experience between 2 years to 8 years. According to our estimates it is 16% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Polyplastics Industries (I) India.

How does the salary of a new Product Development Engineer at Polyplastics Industries (I) India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Polyplastics Industries (I) is 16% 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 Polyplastics Industries (I) to a new Product Development Engineer in India?

Michelin new Product Development Engineer Salary - ₹11.6 Lakhs to ₹16.4 Lakhs per year
Mando Automotive new Product Development Engineer Salary - ₹4.4 Lakhs to ₹5.1 Lakhs per year
Musashi Auto Parts new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.5 Lakhs per year
Keihin Fie new Product Development Engineer Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Polyplastics Industries (I) in India?

Supreme Industries new Product Development Engineer Salary - ₹3.4 Lakhs to ₹4.4 Lakhs per year
Indo Autotech new Product Development Engineer Salary - ₹2.6 Lakhs to ₹4.8 Lakhs per year
Krishna Maruti new Product Development Engineer Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Belrise Industries new Product Development Engineer Salary - ₹2.2 Lakhs to ₹5.4 Lakhs per year
Delphi TVS new Product Development Engineer Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Polyplastics Industries (I) in India?

The estimated take-home salary of a new Product Development Engineer at Polyplastics Industries (I) ranges between ₹24,172 per month to ₹25,623 per month in India. The take-home salary calculation is based on the average Polyplastics Industries (I) new Product Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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Polyplastics Industries (I) new Product Development Engineer Salaries

Polyplastics Industries (I) new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Polyplastics Industries (I) latest salaries received from various employees of Polyplastics Industries (I).

Polyplastics Industries (I) new Product Development Engineer salaries in India

Companies similar to Polyplastics Industries (I) for new Product Development Engineer

Latest annual salaries shared by Polyplastics Industries (I) new Product Development Engineer

Experience wise Polyplastics Industries (I) new Product Development Engineer salaries

Similar Designation salaries in Polyplastics Industries (I)

Salary related reviews for Polyplastics Industries (I)

Production Engineer in Yamunanagar

Electrical Maintenance Engineer in Pune

Assistant Paint Shop Manager in Pune

Quality Supervisor in Yamunanagar

Design & Development Engineer in Yamunanagar

Polyplastics Industries (I) new Product Development Engineer Salary FAQs

Tell us how to improve this page.

Polyplastics Industries (I) new Product Development Engineer Salaries by Location