Poona Forge new Product Development Engineer Salaries by Employees

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₹3 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 16 Mar 2023

Companies similar to Poona Forge for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Hical Technologies new Product Development Engineer Salary 1 - 8 years exp. (15 salaries)	₹2 L/yr - ₹9 L/yr 45% more
Victora Auto Private Limited new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2.6 L/yr - ₹6 L/yr 16% more
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S. M. Auto Engineering new Product Development Engineer Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 17% more
International Automotive Components new Product Development Engineer Salary 4 - 8 years exp. (7 salaries)	₹4.8 L/yr - ₹9.2 L/yr 163% more
Surin Automotive new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr 29% more
Rajsriya Automotive Industries new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹2.6 L/yr 23% less
Suprajit Engineering new Product Development Engineer Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹5.7 L/yr 27% more
India Nippon Electricals new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹6.6 L/yr 28% more
Fiem Industries new Product Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.6 L/yr 34% more
Shivam Autotech new Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹10 L/yr 53% more
India Japan Lighting new Product Development Engineer Salary 4 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 29% more
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Hema Engineering Industries new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4.1 L/yr 8% less
Caparo Maruti new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹5.1 L/yr 10% more
FCC Clutch new Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr 41% more
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 29% more
Aisin Automotive Haryana new Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5.6 L/yr 20% more

new Product Development Engineer salary at Poona Forge ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Poona Forge.

Similar Designation salaries in Poona Forge

Development Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹6 L/yr

Production Engineer Salary

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₹2.6 L/yr - ₹3.6 L/yr

Senior Design Engineer Salary

(5 salaries)

₹4.8 L/yr - ₹8.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Design Engineer Salary

(7 salaries)

₹2.9 L/yr - ₹3.3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Production Supervisor Salary

(4 salaries)

₹2.2 L/yr - ₹3.4 L/yr

Quality Engineer Salary

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₹1.25 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Salary related reviews for Poona Forge

5.0

Rated by 1 employees for salary & benefits

Development Engineer in Pune

Full Time

Research & Development Department

2.0

• posted on 16 Nov 2023

1.0

for Salary and Benefits

Likes

Flexible Work Arrangements: The company may offer flexibility in work hours or remote work opportunities.Training and Development Programs: If there are positive comments about training or career development, it could be a potential benefit.Diverse Work Environment: Positive feedback regarding diversity and inclusion initiatives within the company.

Dislikes

...yees may express frustration over a lack of clear communication from leadership.Inadequate Compensation: Negative feedback about low salaries or inadequate compensation packages.Limited Career Growth: Dissatisfaction with limited opportunities for career advancement or professional development.Unhealthy Work Environment: Reports of a toxic workplace culture or a lack of employee well-being initiatives.Inconsistent Policies: Complaints about inconsistent application of policies or unfair treatment of employees.

Salary - Bad

+4 more

Santosh Gupta in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Apr 2020

2.0

for Salary and Benefits

Likes

Sir, I like Poona forge Pvt Ltd . Because I have a job in this company . But sir no any one help me at this time. No any one ask me how are you ? Or what are you doing . And sir I have no money at this time because my payment delay . Company is very careless .

Dislikes

No salary growth . No any persons are describe the program No carrier growth. No flexible working hours Politics in company

Salary - Poor

+5 more

Electrical Engineer in Pune

Full Time

Maintenance Department

4.0

• posted on 23 Sep 2019

2.0

for Salary and Benefits

Likes

I like to work in maintenance of CNC machine, VMC machine, Press machine because of learn more about machine working, few knowledge about PLC , attend the breakdown of Machin as well as electrical fault and also check the control wiring

Skill development - Good

Dislikes

Management pressure because of less man power

Salary - Poor

+2 more

New Product Development Engineer in Pune

Other Department

5.0

• posted on 30 Dec 2019

5.0

for Salary and Benefits

Likes

It was great experience working with poona forge.under the guidance Mr. Mohan gaikwad Sir..Plant head poona forge.. and Mr Anil javalekar sir.owner and Director... Of Poona Forge... I am proud to work with poona forge.. Company.have Great future and Continue growing ...

Salary - Excellent

+6 more

Dislikes

As a company growing ..it needs to increase the facility levels and Payment levels as per company standard....

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Poona Forge new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Poona Forge in India?

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

Experience	Average Salary Range
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Poona Forge new Product Development Engineer Salaries

Poona Forge new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs. This is an estimate based on latest salaries received from employees of Poona Forge.

Poona Forge new Product Development Engineer salaries in India

Companies similar to Poona Forge for new Product Development Engineer

Similar Designation salaries in Poona Forge

Salary related reviews for Poona Forge

Development Engineer in Pune

Santosh Gupta in Pune

Electrical Engineer in Pune

New Product Development Engineer in Pune

Poona Forge new Product Development Engineer Salary FAQs

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