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Powerinst Electromagnets

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4.7

based on 4 Reviews

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Powerinst Electromagnets new Product Development Engineer salaries in India

Annual salary range
1 - 9 years exp.
₹2.6 Lakhs - ₹5.2 Lakhs
Salary of majority employees
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12% less than the average new Product Development Engineer Salary for 1 - 9 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 8 years exp. (3 salaries)
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₹2.6 L/yr - ₹3.1 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
9 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 28 Jan 2025

Companies similar to Powerinst Electromagnets for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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Caparo Engineering India new Product Development Engineer Salary

0 - 4 years exp. (7 salaries)
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 43% less
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Seoyon E-hwa Automotive new Product Development Engineer Salary

4 - 11 years exp. (3 salaries)
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₹3.4 L/yr - ₹5.9 L/yr

arrow icon 28% more
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INDO-MIM new Product Development Engineer Salary

0 - 4 years exp. (71 salaries)
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₹2.7 L/yr - ₹5.7 L/yr

arrow icon 15% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary

0 - 8 years exp. (43 salaries)
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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 9% less
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JBM Group new Product Development Engineer Salary

0 - 8 years exp. (34 salaries)
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 2% more
new Product Development Engineer salary at Powerinst Electromagnets ranges between ₹2.6 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Powerinst Electromagnets .

Latest annual salaries shared by Powerinst Electromagnets new Product Development Engineer

3d ago
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9 years exp.
2w ago
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1 year exp.
1y ago
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8 years exp.

Experience wise Powerinst Electromagnets new Product Development Engineer salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Powerinst Electromagnets

Development Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Production Engineer Salary
(4 salaries)
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₹2.25 L/yr - ₹4 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Quality Engineer Salary
(4 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

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Powerinst Electromagnets new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Powerinst Electromagnets ?
new Product Development Engineer salary at Powerinst Electromagnets in India ranges between ₹2.6 Lakhs to ₹5.2 Lakhs for experience between 1 years to 9 years. According to our estimates it is 12% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Powerinst Electromagnets India.
How does the salary of a new Product Development Engineer at Powerinst Electromagnets India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Powerinst Electromagnets is 12% 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 Powerinst Electromagnets to a new Product Development Engineer in India?
  • Seoyon E-hwa Automotive new Product Development Engineer Salary - ₹3.4 Lakhs to ₹5.9 Lakhs per year
  • INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
  • JBM Group new Product Development Engineer Salary - ₹1.8 Lakhs to ₹5.7 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to Powerinst Electromagnets in India?
  • L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
  • Caparo Engineering India new Product Development Engineer Salary - ₹1.4 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Powerinst Electromagnets in India?
The estimated take-home salary of a new Product Development Engineer at Powerinst Electromagnets ranges between ₹25,515 per month to ₹26,946 per month in India. The take-home salary calculation is based on the average Powerinst Electromagnets new Product Development Engineer salary in India which ranges between ₹2.6 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at Powerinst Electromagnets ?
According to AmbitionBox, 100% of the Powerinst Electromagnets new Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Powerinst Electromagnets new Product Development Engineer salary in India ranges between ₹2.6 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Powerinst Electromagnets latest salaries received from various employees of Powerinst Electromagnets .