Radheya Machining new Product Development Engineer Salaries by 3 Employees (Updated 2025)

4 - 6 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 4 - 6 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr

Last Updated: 1 Mar 2025

Companies similar to Radheya Machining for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Nelson Global Products new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹7.9 L/yr 105% more
SPX Flow Technology new Product Development Engineer Salary 10 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹16.5 L/yr 304% more
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Kyb Motorcycle Suspension new Product Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3 L/yr 29% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 27% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 5% more

new Product Development Engineer salary at Radheya Machining ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Radheya Machining.

Experience wise Radheya Machining new Product Development Engineer salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Radheya Machining

Product Development Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Engineer Salary

(47 salaries)

₹1.65 L/yr - ₹3.8 L/yr

Senior Design Engineer Salary

(3 salaries)

₹3.1 L/yr - ₹3.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Senior Software Engineer Salary

(3 salaries)

₹16.2 L/yr - ₹70 L/yr

Production Manager Salary

(3 salaries)

₹8.5 L/yr - ₹9.5 L/yr

Design Engineer Salary

(3 salaries)

₹2.84 L/yr - ₹3.3 L/yr

Mechanical Engineer Salary

(5 salaries)

₹1.5 L/yr - ₹3.25 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Salary related reviews for Radheya Machining

Mechanical Maintenance Engineer in Shirur

Full Time

Other Department

1.0

• posted on 01 Oct 2023

1.0

for Salary and Benefits

Likes

Self dependent and individual work . Working under lack of resources will make you extraordinary person.

Dislikes

...id to do anything like filling coolant oil in tank , cleaning machine trays. 5. You will not get any certificate any offer letter salary slips from there but they will say you that you are on company roll .

Salary - Bad

+5 more

Production & Planning Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 29 Sep 2023

1.0

for Salary and Benefits

Likes

Very Good Company for Learning purpose fir fresher as their are different types of operations and machines are available Likes Grinding, Cnc, vmc,hobbing, Shaving,Shaping Heat Treatment, Induction

Skill development - Good

+1 more

Dislikes

... Disappoint as this is not a company Its like a big workshops run by the owner. Salary is relatably very low

Salary - Bad

+4 more

HR Manager in Sanaswadi, Pune Nagar Road

Full Time

Human Resources Department

4.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

...ent &culture team are supportive , There is good cafeteria & Transportation. Appraisal are fair thru give adequate salary hike.

Skill development - Good

+2 more

Dislikes

There is lot of politics & thr management doesn't address of salary issue as per experience. &carrier grouth is very low

Diploma Trainee Engineer in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Jan 2021

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Process Design And Development Engineer in Pune

Full Time

Research & Development Department

3.0

• posted on 30 Dec 2020

3.0

for Salary and Benefits

Likes

You get there much knowledge about manufacturing processes.

Skill development - Good

Dislikes

Department heads do not use their rights to solve some problems . All the problems are to be informed to direct M. D. No responsible person wants to take responsibility.

see more salary related reviews

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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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Radheya Machining new Product Development Engineer Salary FAQs

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

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

Experience	Average Salary Range
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Radheya Machining new Product Development Engineer Salaries

Radheya Machining new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Radheya Machining latest salaries received from various employees of Radheya Machining.