Renault Nissan Technology & Business Centre India new Product Development Engineer Salaries by 6 Employees

5 - 8 years exp.

₹6.9 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

90% more than the average new Product Development Engineer Salary in Automobile Companies for 5 - 8 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 5 - 8 years exp. (5 salaries)	₹6.9 L/yr - ₹8.6 L/yr
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Quality Assurance new Product Development Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to Renault Nissan Technology & Business Centre India for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 4 years exp. (14 salaries)	₹2 L/yr - ₹5.2 L/yr 55% less
TVS Motor new Product Development Engineer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹4.2 L/yr 66% less
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Ashok Leyland new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.7 L/yr 54% less
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 28% less
Escorts Kubota Limited new Product Development Engineer Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 67% less
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 10% more
Automotive Manufacturers new Product Development Engineer Salary 0 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 70% less
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 15% more
Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 74% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 5% more
Ford Motor new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹11.1 L/yr 18% less
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VE Commercial Vehicles new Product Development Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr 71% less

new Product Development Engineer salary at Renault Nissan Technology & Business Centre India ranges between ₹6.9 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Renault Nissan Technology & Business Centre India.

Experience wise Renault Nissan Technology & Business Centre India new Product Development Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

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Salary related reviews for Renault Nissan Technology & Business Centre India

3.0

Rated by 1 employees for salary & benefits

Senior Engineer in Chennai

Full Time

Other Department

1.0

• posted on 31 Jul 2023

1.0

for Salary and Benefits

Likes

I like the company only for work from home opportunity.

Dislikes

... ruin my career with worst project.. I never suggest anyone to this company. They are cheating my variable pay, hike is also like service based company, please dont come to company for product organization.. Trust me.. 2 years before I have joined, I'm very happy that time, but now I'm feel angry on me for choosing this company.

Salary - Bad

+6 more

Senior Engineer in Chengalpattu

Full Time

Research & Development Department

3.0

• posted on 11 Feb 2023

2.0

for Salary and Benefits

Likes

RNTBCI has excellent work life balance, good transportation You will get chance to work in many variety of projects local or global support You will have excellent learning especially if you are fresher

Skill development - Excellent

+2 more

Dislikes

Salary is not Upto market standards, in fact it has lower salary than most tier I suppliers There is group of old timer managers who are just incompetent and they show partiality Upper management has no clarity on the direction of the company, mission & vision statement of company changes for every year

Salary - Poor

+1 more

Senior Engineer in Chennai

Full Time

Research & Development Department

3.0

• posted on 16 Feb 2022

1.0

for Salary and Benefits

Likes

... improvements for past 3 years Worst company in terms of salary and benefits They are not matching with current market trend and they are still at 2010 salary package

Skill development - Good

Dislikes

Worst company in terms of salary and benefits They are not matching with current market trend and they are still at 2010 salary package

Salary - Bad

+3 more

Deputy Manager in Chennai

Full Time

Research & Development Department

3.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Good work environment and job security is good. Compensation and benefits is very poor.

Job security - Excellent

+1 more

Dislikes

No value for experience people and working and no working treating the same is not good. Management people caste issue. Either iyer Or mallayali have good scope

Salary - Bad

+3 more

Design Engineer in Chengalpattu

Full Time

Research & Development Department

1.0

• posted on 03 Oct 2023

1.0

for Salary and Benefits

Likes

Almost close to zero positives except that you have a job

Dislikes

...ys 1.5 to 3 hours late) Career Growth - OMG, please don't even think of it. LoL Salary - You'll be paid lesser than the industry standard for sure

Salary - Bad

+5 more

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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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Renault Nissan Technology & Business Centre India new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Renault Nissan Technology & Business Centre India ?

The average salary of a new Product Development Engineer at Renault Nissan Technology & Business Centre India in India typically ranges from ₹6.9 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of new Product Development Engineer at Renault Nissan Technology & Business Centre India earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. new Product Development Engineer Salaries at Renault Nissan Technology & Business Centre India 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 6 Renault Nissan Technology & Business Centre India employees in India.

What is the estimated take home salary of a new Product Development Engineer at Renault Nissan Technology & Business Centre India in India?

The estimated take-home salary of a new Product Development Engineer at Renault Nissan Technology & Business Centre India in India typically ranges from ₹57,296 to ₹58,736 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 6 salaries received from various employees of Renault Nissan Technology & Business Centre India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Renault Nissan Technology & Business Centre India for new Product Development Engineer in India?

Maruti Suzuki	₹7.0 Lakhs to ₹11.0 Lakhs per year
Hero MotoCorp	₹6.5 Lakhs to ₹11.8 Lakhs per year
Bajaj Auto	₹6.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Renault Nissan Technology & Business Centre India, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Renault Nissan Technology & Business Centre India in India?

The salary of a new Product Development Engineer at companies similar to Renault Nissan Technology & Business Centre India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ford Motor	₹4.5 Lakhs to ₹11.1 Lakhs per year
Mahindra & Mahindra	₹4.2 Lakhs to ₹7.4 Lakhs per year
Ashok Leyland	₹2.0 Lakhs to ₹7.7 Lakhs per year
Tata Motors	₹2.0 Lakhs to ₹5.2 Lakhs per year
TVS Motor	₹1.8 Lakhs to ₹4.2 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 Renault Nissan Technology & Business Centre India in India?

The salary growth for a new Product Development Engineer at Renault Nissan Technology & Business Centre India depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Renault Nissan Technology & Business Centre India:

Experience	Average Salary Range
5 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
6 years	₹6.6 Lakhs to ₹8.4 Lakhs per year
7 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
8 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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Renault Nissan Technology & Business Centre India new Product Development Engineer Salaries

Renault Nissan Technology & Business Centre India new Product Development Engineer salary in India ranges between ₹6.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Renault Nissan Technology & Business Centre India latest salaries received from various employees of Renault Nissan Technology & Business Centre India.

Renault Nissan Technology & Business Centre India new Product Development Engineer salaries in India

Companies similar to Renault Nissan Technology & Business Centre India for new Product Development Engineer

Latest annual salaries shared by Renault Nissan Technology & Business Centre India new Product Development Engineer

Experience wise Renault Nissan Technology & Business Centre India new Product Development Engineer salaries

Similar Designation salaries in Renault Nissan Technology & Business Centre India

Salary related reviews for Renault Nissan Technology & Business Centre India

Senior Engineer in Chennai

Senior Engineer in Chengalpattu

Senior Engineer in Chennai

Deputy Manager in Chennai

Design Engineer in Chengalpattu

Renault Nissan Technology & Business Centre India new Product Development Engineer Salary FAQs

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