Ramakant Engineering new Product Development Engineer Salaries by 3 Employees (Updated 2025)

5 - 7 years exp.

₹4.2 Lakhs - ₹5.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% more than the average new Product Development Engineer Salary for 5 - 7 years of experience

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Last Updated: 31 Jan 2025

Companies similar to Ramakant Engineering for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 10% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 32% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 151% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 12% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 28% less

new Product Development Engineer salary at Ramakant Engineering ranges between ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Ramakant Engineering.

Experience wise Ramakant Engineering new Product Development Engineer salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

Similar Designation salaries in Ramakant Engineering

Development Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Production Engineer Salary

(8 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Design Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Production Supervisor Salary

(5 salaries)

₹2.42 L/yr - ₹3.4 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Quality Engineer Salary

(7 salaries)

₹1.56 L/yr - ₹3 L/yr

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Ramakant Engineering new Product Development Engineer Salary FAQs

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

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

Experience	Average Salary Range
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.2 Lakhs per year

and so on.

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Ramakant Engineering new Product Development Engineer Salaries

Ramakant Engineering new Product Development Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ramakant Engineering latest salaries received from various employees of Ramakant Engineering.