Shakti Pumps Design and Product Development Engineer Salaries by 4 Employees (Updated 2024)

10 - 13 years exp.

₹8.5 Lakhs - ₹12.2 Lakhs

Low Confidence

Salary of majority employees

77% more than the average Design and Product Development Engineer Salary in Industrial Machinery Companies for 10 - 13 years of experience

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Last Updated: 6 Mar 2024

Companies similar to Shakti Pumps for Design and Product Development Engineer

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Mann And Hummel Filter Design and Product Development Engineer Salary 1 - 6 years exp. (5 salaries)	₹4.8 L/yr - ₹5.7 L/yr 51% less
Asb International Design and Product Development Engineer Salary 6 - 9 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 33% less
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Forbes Marshall Design and Product Development Engineer Salary 2 - 3 years exp. (3 salaries)	₹8.4 L/yr - ₹9 L/yr 16% less
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹8.9 L/yr 38% less
Mercedes-Benz Research and Development India Design and Product Development Engineer Salary 3 - 9 years exp. (9 salaries)	₹8.5 L/yr - ₹12.4 L/yr At par

Design and Product Development Engineer salary at Shakti Pumps ranges between ₹8.5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Shakti Pumps.

Experience wise Shakti Pumps Design and Product Development Engineer salaries

Last Updated: 6 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Senior Software Engineer Salary

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Salary related reviews for Shakti Pumps

Design Executive in Pithampur

Research & Development Department

2.0

• posted on 24 May 2022

1.0

for Salary and Benefits

Likes

...elopment. But the work life balance and HR policies are worst for the employees. Also there is no timely appraisals and proper salary structure as per the industry standards.

Dislikes

Worst HR policies and compensations.

Data Entry Operator in Industrial Area Pithampur Dist Dhar Mp

Cantroal panel dpt. Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is no such dislike point related to work

Production Engineer in Indore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Jun 2024

1.0

for Salary and Benefits

Likes

Shakti Pumps pvt Ltd is biggest group of Pithampur it's export to 125 country if talk about company profit 142 crore get this year Thare are many types of product manufacturers, assembly and machining also like as motor, startar,sour pannel, cable's and pipes.

Dislikes

Can't be determined

Sales Officer in Buxar

Full Time

Sales & Business Development Department

5.0

• posted on 08 Aug 2023

3.0

for Salary and Benefits

Likes

Nice to work in shakti pumps got to learn a lot if company gives chance to work in bihar i would like to do it again

Dislikes

The submersible rate of Shakti pumps is high, if it is reduced then it will give good results in states like Bihar.

Business Development Manager in Pithampur

Full Time

Sales & Business Development Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

working culture is good, colleagues and senior keep healthy relation with each other.

Dislikes

No learning or skill development is Zero, Appraisal and extra benefit are zero. they change the rule according to their benefit.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Shakti Pumps Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at Shakti Pumps?

Design and Product Development Engineer salary at Shakti Pumps in India ranges between ₹8.5 Lakhs to ₹12.2 Lakhs for experience between 10 years to 13 years. According to our estimates it is 77% more than the average Design and Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shakti Pumps India.

How does the salary of a Design and Product Development Engineer at Shakti Pumps India compare with the average salary range for this job?

The average salary of a Design and Product Development Engineer at Shakti Pumps is 77% more than the average salary of a Design and Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shakti Pumps to a Design and Product Development Engineer in India?

Mercedes-Benz Research and Development India Design and Product Development Engineer Salary - ₹8.5 Lakhs to ₹12.4 Lakhs per year

What is the salary of a Design and Product Development Engineer in companies similar to Shakti Pumps in India?

Forbes Marshall Design and Product Development Engineer Salary - ₹8.4 Lakhs to ₹9.0 Lakhs per year
Asb International Design and Product Development Engineer Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary - ₹5.0 Lakhs to ₹8.9 Lakhs per year
Mann And Hummel Filter Design and Product Development Engineer Salary - ₹4.8 Lakhs to ₹5.7 Lakhs per year

What is the estimated take home salary of a Design and Product Development Engineer at Shakti Pumps in India?

The estimated take-home salary of a Design and Product Development Engineer at Shakti Pumps ranges between ₹73,575 per month to ₹75,476 per month in India. The take-home salary calculation is based on the average Shakti Pumps Design and Product Development Engineer salary in India which ranges between ₹8.5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Design and Product Development Engineer at Shakti Pumps?

According to AmbitionBox, 100% of the Shakti Pumps Design and Product Development Engineers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Shakti Pumps Design and Product Development Engineer Salaries

Shakti Pumps Design and Product Development Engineer salary in India ranges between ₹8.5 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shakti Pumps latest salaries received from various employees of Shakti Pumps.