Rikun Manufacturing new Product Development Engineer Salaries by 2 Employees (Updated 2025)

2 - 6 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 28 Dec 2024

Companies similar to Rikun Manufacturing for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 19% less
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 55% more
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Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.9 L/yr - ₹5.6 L/yr 38% more
Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 8% less
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 138% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 149% more
TVS Motor new Product Development Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 127% more
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 42% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 155% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 70% more
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new Product Development Engineer salary at Rikun Manufacturing ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Rikun Manufacturing.

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Salary related reviews for Rikun Manufacturing

Logistics Executive in Chennai

Full Time

Procurement & Supply Chain Department

1.0

• posted on 12 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Simply waste company no leave policy.no production no salary.They will cut salary.Ater 3 month notice period also they will not leave you.Give bad feedback to new company.Dont join this company

Salary - Bad

+6 more

Assistant Manager Supplier Quality Assurance(SQA) in Chennai

Full Time

Quality Assurance Department

4.0

• posted on 02 Feb 2025

3.0

for Salary and Benefits

Likes

If you are really work hard/Perform well within 6 month get promotion and salary also revised ...Testimony is there Environment is not bad Commodity Like Plastic Metal EV and EMS that's advantage If any company maybe 2 commodity Plastic or metal or only anyone Only SMT or EV

Job security - Good

+4 more

Dislikes

No plan No work got LOP.

Press Shop Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Management culture need to improve.

Dislikes

1.saturday weekly off without wages. 2.buses not available, now increased 3buses but 1000rs paid. 3.vice president using bad words,frequently in all the managers and GM, there is no respect to staff. 4.so much meetings conducted without any gap, so there is no time for shopfloor present and system work updation. 5.morning break fast not available. 6.lunch food quality is very poor. 7.

Salary - Bad

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Rikun Manufacturing new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Rikun Manufacturing?

According to AmbitionBox, 100% of the Rikun Manufacturing new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Rikun Manufacturing new Product Development Engineer Salaries

Rikun Manufacturing new Product Development Engineer salary in India ranges between ₹3.1 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of Rikun Manufacturing.