Ring Plus Aqua new Product Development Engineer Salaries by 4 Employees (Updated 2024)

2 - 5 years exp.

₹2 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

8% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 24 Apr 2024

Companies similar to Ring Plus Aqua for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Havells new Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹5.5 L/yr - ₹8.6 L/yr 78% more
Whirlpool new Product Development Engineer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹7.8 L/yr 27% more
Login to view exact salary
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 2% more
Rane Brake Lining new Product Development Engineer Salary 5 - 8 years exp. (7 salaries)	₹2.3 L/yr - ₹5 L/yr 8% more
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 15% less
Suprajit Engineering new Product Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 25% more
India Nippon Electricals new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹6.6 L/yr 16% more
ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 32% more
Subros new Product Development Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.6 L/yr - ₹9.2 L/yr 53% more
Fiem Industries new Product Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.6 L/yr 21% more
Alicon Castalloy new Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.8 L/yr 4% less
Login to view exact salary
Magna International new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.2 L/yr 7% more
Cooper-Standard Automotive new Product Development Engineer Salary 2 - 12 years exp. (3 salaries)	₹3 L/yr - ₹10.6 L/yr 52% more

new Product Development Engineer salary at Ring Plus Aqua ranges between ₹2 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Ring Plus Aqua.

Experience wise Ring Plus Aqua new Product Development Engineer salaries

Last Updated: 24 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in Ring Plus Aqua

Production Engineer Salary

(17 salaries)

₹1.4 L/yr - ₹3.6 L/yr

Project Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Production Officer Salary

(8 salaries)

₹2 L/yr - ₹3.55 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Production Manager Salary

(4 salaries)

₹10.5 L/yr - ₹17.9 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Mechanical Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Production Supervisor Salary

(10 salaries)

₹1.35 L/yr - ₹4.1 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Ring Plus Aqua

NPD Engineer in Sinnar

Full Time

Research & Development Department

1.0

• posted on 29 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing to like about.

Dislikes

... No work culture No System Worst Management Worst Policies No job Satisfaction Very bad pay scale compared to market. No growth No Skills enhancement No proper employee treatment Rules not same for everyone. And so much things even cannot describe.

Quality Inspector in Nashik

Full Time

Quality Assurance Department

5.0

• posted on 03 Feb 2022

5.0

for Salary and Benefits

Likes

...tes are you supportive and the management is transparent. I arcade for chilling. Company policies are good, appraisal are fair and they give good salary.

Dislikes

There is a lot of politics.

Assistant Manager - SCM in Sinnar

Full Time

Procurement & Supply Chain Department

5.0

• posted on 11 Jan 2019

5.0

for Salary and Benefits

Likes

Very friendly culture, people are very co operative.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometime

Hobbing Tooth Chamfer Operator in Sinnar

Finance & Accounting Department

5.0

• posted on 22 Mar 2021

4.0

for Salary and Benefits

Likes

My work diparment name htc (hobbing tooth chamfer) good work.company policies are good,appraisals are fair and thet give good salary hike and bonus every year.

Dislikes

my work is good but education no mutch.salary is decent but career growth is slow.there is a bond of 3years before which you cannot resign.

Lab Assistant in Sinnar

Engineering - Software & QA Department

1.0

• posted on 13 Aug 2020

1.0

for Salary and Benefits

Likes

... management is very vast 2)no any facility of transport ,canting for trainees 3)No salary in lockdown period . 4) to remove after lockdown company trainees

Dislikes

There is a lot of politics and the management doesn't address our issues .There is a bond 3 years.then remove to trainee..

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Ring Plus Aqua?

Ask anonymously on communities.

Ring Plus Aqua new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Ring Plus Aqua?

new Product Development Engineer salary at Ring Plus Aqua in India ranges between ₹2.0 Lakhs to ₹4.7 Lakhs for experience between 2 years to 5 years. According to our estimates it is 8% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ring Plus Aqua India.

How does the salary of a new Product Development Engineer at Ring Plus Aqua India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Ring Plus Aqua is 8% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Ring Plus Aqua to a new Product Development Engineer in India?

Havells new Product Development Engineer Salary - ₹5.5 Lakhs to ₹8.6 Lakhs per year
Subros new Product Development Engineer Salary - ₹2.6 Lakhs to ₹9.2 Lakhs per year
Cooper-Standard Automotive new Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
ZF Steering Gear new Product Development Engineer Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
Whirlpool new Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.8 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Ring Plus Aqua in India?

Suprajit Engineering new Product Development Engineer Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Fiem Industries new Product Development Engineer Salary - ₹3.6 Lakhs to ₹5.6 Lakhs per year
India Nippon Electricals new Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.6 Lakhs per year
Rane Brake Lining new Product Development Engineer Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
Magna International new Product Development Engineer Salary - ₹3.3 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Ring Plus Aqua in India?

The estimated take-home salary of a new Product Development Engineer at Ring Plus Aqua ranges between ₹26,720 per month to ₹28,133 per month in India. The take-home salary calculation is based on the average Ring Plus Aqua new Product Development Engineer salary in India which ranges between ₹2.0 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Ring Plus Aqua?

According to AmbitionBox, 100% of the Ring Plus Aqua new Product Development Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Ring Plus Aqua Salaries >
Ring Plus Aqua new Product Development Engineer Salaries

Ring Plus Aqua new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ring Plus Aqua latest salaries received from various employees of Ring Plus Aqua.