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Porite Senior New Product Development Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹5.5 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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8% more than the average Senior New Product Development Engineer Salary for 3 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Senior New Product Development Engineer Salary
3 - 5 years exp. (3 salaries)
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₹5.5 L/yr - ₹6.6 L/yr

Research & Development
Senior New Product Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.3 L/yr

Last Updated: 5 Nov 2024

Companies similar to Porite for Senior New Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹5 L/yr

arrow icon 16% less
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₹6.3 L/yr - ₹7 L/yr

arrow icon 11% more
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₹7 L/yr - ₹10 L/yr

arrow icon 50% more
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₹4.6 L/yr - ₹8.2 L/yr

arrow icon 2% more
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₹8 L/yr - ₹11.7 L/yr

arrow icon 80% more
Senior New Product Development Engineer salary at Porite ranges between ₹5.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Porite.

Latest annual salaries shared by Porite Senior New Product Development Engineer

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5 years exp.
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4 years exp.
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5 years exp.
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Experience wise Porite Senior New Product Development Engineer salaries

Last Updated: 5 Nov 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr

Similar Designation salaries in Porite

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₹2.5 L/yr - ₹5.5 L/yr
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₹4.5 L/yr - ₹5.5 L/yr
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₹4.4 L/yr - ₹5.3 L/yr
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₹3 L/yr - ₹5 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
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₹4.2 L/yr - ₹7.5 L/yr
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₹3.3 L/yr - ₹4.7 L/yr
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₹3.6 L/yr - ₹5.5 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
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₹3.3 L/yr - ₹4.95 L/yr

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Porite Senior New Product Development Engineer Salary FAQs

What is the salary of Senior New Product Development Engineer at Porite ?
The average salary of a Senior New Product Development Engineer at Porite in India typically ranges from ₹5.5 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Senior New Product Development Engineer at Porite earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Senior New Product Development Engineer Salaries at Porite 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 4 Porite employees in India.
What is the estimated take home salary of a Senior New Product Development Engineer at Porite in India?
The estimated take-home salary of a Senior New Product Development Engineer at Porite in India typically ranges from ₹44,191 to ₹45,294 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Porite. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Porite for Senior New Product Development Engineer in India?
SPHOORTI MACHINE TOOLS ₹8.0 Lakhs to ₹11.7 Lakhs per year
OPPO ₹7.0 Lakhs to ₹10.0 Lakhs per year
Sundaram Auto Components ₹6.3 Lakhs to ₹7.0 Lakhs per year
Amma Alloy ₹4.6 Lakhs to ₹8.2 Lakhs per year

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

Hi Tech Gears ₹4.5 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 Senior New Product Development Engineer at Porite in India?
The salary growth for a Senior New Product Development Engineer at Porite depends on factors such as experience, performance, and promotions. On average, a Senior New Product Development Engineer can expect the following growth trajectory at Porite:

Experience Average Salary Range
3 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
4 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years ₹5.5 Lakhs to ₹7.1 Lakhs per year
and so on.

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Porite Senior New Product Development Engineer salary in India ranges between ₹5.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Porite latest salaries received from various employees of Porite.