Sandfits Foundries new Product Development Engineer Salaries by 7 Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

35% less than the average new Product Development Engineer Salary in Iron & Steel Companies for 1 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr
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Research & Development new Product Development Engineer Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr

Last Updated: 26 Jan 2025

Companies similar to Sandfits Foundries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
MM Forgings new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.1 L/yr 1% less
Jindal Industries Private Limited new Product Development Engineer Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 14% more
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Kirloskar Ferrous Industries new Product Development Engineer Salary 6 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 32% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 52% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 25% more

new Product Development Engineer salary at Sandfits Foundries ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Sandfits Foundries.

Experience wise Sandfits Foundries new Product Development Engineer salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Sandfits Foundries

Development Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Engineer Salary

(5 salaries)

₹1 L/yr - ₹2.8 L/yr

Project Engineer Salary

(7 salaries)

₹2.9 L/yr - ₹4 L/yr

Assistant Engineer Salary

(26 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Design Engineer Salary

(5 salaries)

₹2.2 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(6 salaries)

₹4 L/yr - ₹5.3 L/yr

Production Supervisor Salary

(4 salaries)

₹1.6 L/yr - ₹2.75 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Sandfits Foundries

Assitant Production Supervisor in Coimbatore

Production, Manufacturing & Engineering Department

5.0

• posted on 01 Aug 2019

4.0

for Salary and Benefits

Likes

They're one of the best in giving the final outcome...in every process, everything is been keep watched... That's the reason behind their perfection...

Salary - Good

+5 more

Dislikes

Food... They don't serve good food for workers.. We need a healthy food to work.. No compensation for staff's..if we need be in the company, then there is no way... We have to work for free..

HR Manager in Sulur

Human Resources Department

1.0

• posted on 14 May 2021

3.0

for Salary and Benefits

Likes

No basic culture , Pollution , Workers safety to be improved , Management entertaining politics for their self benefit , Mgt not interested to move forward

Dislikes

Staff training is not there , High politics , Poor work environment ( pollution )

Skill development - Bad

+5 more

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Sandfits Foundries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Sandfits Foundries ?

The average salary of a new Product Development Engineer at Sandfits Foundries in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of new Product Development Engineer at Sandfits Foundries earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. new Product Development Engineer Salaries at Sandfits Foundries 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 Sandfits Foundries employees in India.

What is the estimated take home salary of a new Product Development Engineer at Sandfits Foundries in India?

The estimated take-home salary of a new Product Development Engineer at Sandfits Foundries in India typically ranges from ₹18,726 to ₹20,408 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 Sandfits Foundries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sandfits Foundries for new Product Development Engineer in India?

INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
Kirloskar Ferrous Industries	₹3.2 Lakhs to ₹4.0 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Jindal Industries Private Limited	₹3.0 Lakhs to ₹3.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sandfits Foundries, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Sandfits Foundries in India?

The salary of a new Product Development Engineer at companies similar to Sandfits Foundries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MM Forgings

₹2.3 Lakhs to ₹3.1 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 Sandfits Foundries in India?

The salary growth for a new Product Development Engineer at Sandfits Foundries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Sandfits Foundries:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Sandfits Foundries new Product Development Engineer Salaries

Sandfits Foundries new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Sandfits Foundries latest salaries received from various employees of Sandfits Foundries.