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RAMDEVS MOTORS new Product Development Engineer salaries in India

Annual salary range
16 - 22 years exp.
₹4.3 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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18% more than the average new Product Development Engineer Salary in Electrical Equipment Companies for 16 - 22 years of experience

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Last Updated: 17 Mar 2024

Companies similar to RAMDEVS MOTORS for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹9.6 L/yr

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₹3 L/yr - ₹3.5 L/yr

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₹5.5 L/yr - ₹8.6 L/yr

arrow icon 35% more
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₹4.1 L/yr - ₹5.3 L/yr

arrow icon 2% more
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 16% less
new Product Development Engineer salary at RAMDEVS MOTORS ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 16 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of RAMDEVS MOTORS.

Latest annual salaries shared by RAMDEVS MOTORS new Product Development Engineer

1y ago
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22 years exp.

Experience wise RAMDEVS MOTORS new Product Development Engineer salaries

Last Updated: 17 Mar 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in RAMDEVS MOTORS

Production Engineer Salary
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₹0.9 L/yr - ₹1.2 L/yr
Production Manager Salary
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₹7.3 L/yr - ₹9.3 L/yr
Design Engineer Salary
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₹2.3 L/yr - ₹2.9 L/yr
Production Supervisor Salary
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₹1.6 L/yr - ₹2.1 L/yr
Quality Engineer Salary
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₹1.7 L/yr - ₹2.2 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

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RAMDEVS MOTORS new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at RAMDEVS MOTORS ?
The average salary of a new Product Development Engineer at RAMDEVS MOTORS in India typically ranges from ₹4.3 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 16 years to 22 years).

The top 10% of new Product Development Engineer at RAMDEVS MOTORS earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. new Product Development Engineer Salaries at RAMDEVS MOTORS 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 RAMDEVS MOTORS employees in India.
What is the estimated take home salary of a new Product Development Engineer at RAMDEVS MOTORS in India?
The estimated take-home salary of a new Product Development Engineer at RAMDEVS MOTORS in India typically ranges from ₹35,957 to ₹37,183 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 16 years to 22 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 RAMDEVS MOTORS. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than RAMDEVS MOTORS for new Product Development Engineer in India?
Havells ₹5.5 Lakhs to ₹8.6 Lakhs per year
Amphenol Interconnect ₹3.0 Lakhs to ₹9.6 Lakhs per year
Amber Enterprises India ₹4.1 Lakhs to ₹5.3 Lakhs per year

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

INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
Kyungshin Industrial Motherson ₹3.0 Lakhs to ₹3.5 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 new Product Development Engineer at RAMDEVS MOTORS in India?
The salary growth for a new Product Development Engineer at RAMDEVS MOTORS depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at RAMDEVS MOTORS:

Experience Average Salary Range
15 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
and so on.

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RAMDEVS MOTORS new Product Development Engineer salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 RAMDEVS MOTORS latest salaries received from various employees of RAMDEVS MOTORS.