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Saturn Industries new Product Development Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹3.6 Lakhs - ₹4.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% more than the average new Product Development Engineer Salary for 3 - 7 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
3 - 7 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.8 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Last Updated: 17 Mar 2023

Companies similar to Saturn Industries for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 54% less
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₹3.4 L/yr - ₹5.9 L/yr

arrow icon 4% more
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 7% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 23% less
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 13% less
new Product Development Engineer salary at Saturn Industries ranges between ₹3.6 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Saturn Industries.

Latest annual salaries shared by Saturn Industries new Product Development Engineer

1y ago
₹4.8 Lakhs
7 years exp.
1y ago
₹3.6 Lakhs
3 years exp.
1y ago
₹4 Lakhs
3 years exp.

Experience wise Saturn Industries new Product Development Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Saturn Industries

Development Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
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₹2.4 L/yr - ₹3.3 L/yr
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₹5.5 L/yr - ₹8.5 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹2 L/yr - ₹5.4 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹2.2 L/yr - ₹4 L/yr

Saturn Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Saturn Industries ?
The average salary of a new Product Development Engineer at Saturn Industries in India typically ranges from ₹3.6 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of new Product Development Engineer at Saturn Industries earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. new Product Development Engineer Salaries at Saturn 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 4 Saturn Industries employees in India.
What is the estimated take home salary of a new Product Development Engineer at Saturn Industries in India?
The estimated take-home salary of a new Product Development Engineer at Saturn Industries in India typically ranges from ₹32,070 to ₹33,353 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 salaries received from various employees of Saturn Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Saturn Industries for new Product Development Engineer in India?
Seoyon E-hwa Automotive ₹3.4 Lakhs to ₹5.9 Lakhs per year

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

INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group ₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 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 Saturn Industries in India?
The salary growth for a new Product Development Engineer at Saturn Industries depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Saturn Industries:

Experience Average Salary Range
3 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.7 Lakhs per year
5 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
and so on.

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Saturn Industries new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Saturn Industries latest salaries received from various employees of Saturn Industries.