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Rams Engineering Industries new Product Development Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹1.8 Lakh - ₹2.2 Lakhs
Salary of majority employees
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52% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 4 years exp. (6 salaries)
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₹1.8 L/yr - ₹2.2 L/yr

Project & Program Management
new Product Development Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Last Updated: 18 Dec 2023

Companies similar to Rams Engineering Industries for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 92% more
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 3% more
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₹2 L/yr - ₹5 L/yr

arrow icon 79% more
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 76% more
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₹3.2 L/yr - ₹4.1 L/yr

arrow icon 93% more
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₹1.8 L/yr - ₹5 L/yr

arrow icon 75% more
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₹2.3 L/yr - ₹5.5 L/yr

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₹1.7 L/yr - ₹3.4 L/yr

arrow icon 49% more
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₹3.4 L/yr - ₹5.9 L/yr

arrow icon 131% more
new Product Development Engineer salary at Rams Engineering Industries ranges between ₹1.8 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Rams Engineering Industries.

Latest annual salaries shared by Rams Engineering Industries new Product Development Engineer

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Experience wise Rams Engineering Industries new Product Development Engineer salaries

Last Updated: 18 Dec 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Rams Engineering Industries

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₹2 L/yr - ₹2.5 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹1 L/yr - ₹3.1 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1.9 L/yr - ₹3 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.35 L/yr - ₹3.6 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Rams Engineering Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Rams Engineering Industries ?
The average salary of a new Product Development Engineer at Rams Engineering Industries in India typically ranges from ₹1.8 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of new Product Development Engineer at Rams Engineering Industries earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. new Product Development Engineer Salaries at Rams Engineering Industries 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 7 Rams Engineering Industries employees in India.
What is the estimated take home salary of a new Product Development Engineer at Rams Engineering Industries in India?
The estimated take-home salary of a new Product Development Engineer at Rams Engineering Industries in India typically ranges from ₹13,372 to ₹14,798 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 7 salaries received from various employees of Rams Engineering Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Rams Engineering Industries for new Product Development Engineer in India?
Seoyon E-hwa Automotive ₹3.4 Lakhs to ₹5.9 Lakhs per year
Ahresty India ₹2.3 Lakhs to ₹5.5 Lakhs per year
Sekisui Dljm Molding ₹3.2 Lakhs to ₹4.1 Lakhs per year
JSG Group ₹2.4 Lakhs to ₹4.2 Lakhs per year
Aditya Auto Products & Engineering ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

Enco Engineers Combine ₹2.6 Lakhs to ₹4.5 Lakhs per year
Klassic Wheels ₹1.8 Lakhs to ₹5.0 Lakhs per year
Pricol Engineering Industries ₹1.7 Lakhs to ₹3.4 Lakhs per year
Caparo Engineering India ₹1.4 Lakhs to ₹3.2 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 Rams Engineering Industries in India?
The salary growth for a new Product Development Engineer at Rams Engineering Industries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Rams Engineering Industries:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
and so on.

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Rams Engineering Industries new Product Development Engineer salary in India ranges between ₹1.8 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Rams Engineering Industries latest salaries received from various employees of Rams Engineering Industries.