SEG Automotive new Product Development Engineer Salaries by 3 Employees

8 - 10 years exp.

₹3 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average new Product Development Engineer Salary in Auto Components Companies for 8 - 10 years of experience

Interested in this particular role?

Last Updated: 6 Jun 2024

Companies similar to SEG Automotive for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rane Brake Lining new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 15% less
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr 1% less
Login to view exact salary
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 29% more
Valeo new Product Development Engineer Salary 3 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹10.5 L/yr 110% more
Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 14% more
Cooper-Standard Automotive new Product Development Engineer Salary 2 - 12 years exp. (3 salaries)	₹3 L/yr - ₹10.6 L/yr 68% more
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 29% more

new Product Development Engineer salary at SEG Automotive ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of SEG Automotive.

Experience wise SEG Automotive new Product Development Engineer salaries

Last Updated: 6 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in SEG Automotive

Product Development Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Production Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹11.7 L/yr

Senior Design Engineer Salary

(15 salaries)

₹5.1 L/yr - ₹12 L/yr

Project Engineer Salary

(9 salaries)

₹3 L/yr - ₹6 L/yr

Senior Software Engineer Salary

(6 salaries)

₹8.72 L/yr - ₹15 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Design Engineer Salary

(49 salaries)

₹2.4 L/yr - ₹7 L/yr

Mechanical Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹4.2 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Salary related reviews for SEG Automotive

Senior Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

2.0

• posted on 24 Nov 2023

1.0

for Salary and Benefits

Likes

Good for learning new platforms Better skill growth Work pressure is as close as pressure students feel in IITs.

Work satisfaction - Good

Dislikes

...rowth. HR department needs lot of improvement, they take employees for granted. Compensation way below market standards

Salary - Bad

+4 more

Tax Assistant in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 04 Apr 2025

3.0

for Salary and Benefits

Likes

The thing I like about SEG is that a wide area for learning, skill development, Software exposure, communication, job security. They provide good food which is free of cost for the employees/contractors working here. No much of work pressure.

Skill development - Good

+2 more

Dislikes

The thing I dislike in SEG is poor salary , Hike , no promotions , no permanent job, a little discrimination in the work.

Promotions - Poor

Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

5.0

• posted on 05 Jan 2024

3.0

for Salary and Benefits

Likes

1.Each individual have been given ample opportunities and challenges to develop oneself. 2.Flexible working time. 3.Bosch culture since formerly it's Bosch. 4.Visionary Top management focussed on consistent growth.

Skill development - Good

+5 more

Dislikes

1.Products diversification for better growth can be looked up 2.pay could be competitive.

Assistant Manager in Bangalore / Bengaluru

Full Time

Engineering Department

4.0

• posted on 21 Aug 2022

3.0

for Salary and Benefits

Likes

Exposure to complete product development lifecycle Work-life balance is good in some functions Improvements in HR policies, rewards and recognitions

Job security - Good

+2 more

Dislikes

Company Culture Cross functional teams co-ordination Salary to be improved to match market standards

Company culture - Poor

Senior Engineer Supplier Quality Assurance in Bangalore / Bengaluru

Supplier Quality Department

3.0

• posted on 31 May 2022

1.0

for Salary and Benefits

Likes

Learning & Development is good Wide range of manufacturing processes are involved in their products.

Skill development - Good

Dislikes

...mployees Too much of workload leading to fatigue & demotivation of employees Salary compensation doesn't match to Market standards No team outings / team building activities Expensive company transportation

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about SEG Automotive?

Ask anonymously on communities.

SEG Automotive new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at SEG Automotive in India?

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

Experience	Average Salary Range
8 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
9 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
10 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SEG Automotive Salaries >
SEG Automotive new Product Development Engineer Salaries

SEG Automotive new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SEG Automotive latest salaries received from various employees of SEG Automotive.