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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 Nashik (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.6 Lakhs - ₹5.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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At par with 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. (AmbitionBox Estimate)
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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 in Nashik

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Powerinst Electromagnets new Product Development Engineer Salary

1 - 9 years exp. (3 salaries)
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₹2.6 L/yr - ₹5.2 L/yr

vs
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Ukay Metal Industries new Product Development Engineer Salary

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₹2 L/yr - ₹6 L/yr

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₹2.6 L/yr - ₹4.5 L/yr

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Right Tight Fasteners new Product Development Engineer Salary

1 - 5 years exp. (6 salaries)
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₹2.1 L/yr - ₹3 L/yr

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J.P.Enterprises new Product Development Engineer Salary

4 - 11 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

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Goldy Precision Stampings new Product Development Engineer Salary

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₹2.6 L/yr - ₹4.2 L/yr

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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 3 latest salaries received from various employees of Powerinst Electromagnets .

Latest annual salaries shared by Powerinst Electromagnets new Product Development Engineer in Nashik

2mo ago
₹5.2 Lakhs
9 years exp.
2mo ago
₹2.6 Lakhs
1 year exp.

Experience wise Powerinst Electromagnets new Product Development Engineer salaries in Nashik

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 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

Production Engineer Salary
(4 salaries)
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₹2.3 L/yr - ₹4 L/yr
Quality Engineer Salary
(4 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Powerinst Electromagnets new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Powerinst Electromagnets in Nashik?
The salary growth for a new Product Development Engineer at Powerinst Electromagnets in Nashik depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Nashik can expect the following growth trajectory at Powerinst Electromagnets :

Experience Average Salary Range
1 year ₹2.3 Lakhs to ₹3.0 Lakhs per year
8 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
9 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
and so on.

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Powerinst Electromagnets new Product Development Engineer salary in Nashik ranges between ₹2.6 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Powerinst Electromagnets latest salaries received from various employees of Powerinst Electromagnets .