Sharada Industries new Product Development Engineer Salaries by 6 Employees (Updated 2024)

3 - 7 years exp.

₹3.2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

8% less 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. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr
Quality Assurance new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Procurement & Supply Chain new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 15 Mar 2023

Companies similar to Sharada Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Amco Saft India new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.6 L/yr 16% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (73 salaries)	₹2.7 L/yr - ₹5.7 L/yr 9% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 11% less
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 3% more
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 31% less

new Product Development Engineer salary at Sharada Industries ranges between ₹3.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Sharada Industries.

Experience wise Sharada Industries new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr

Similar Designation salaries in Sharada Industries

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Development Engineer Salary

(9 salaries)

₹1.8 L/yr - ₹9.02 L/yr

Production Engineer Salary

(5 salaries)

₹3.35 L/yr - ₹4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

NPD Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹4.8 L/yr

Quality Engineer Salary

(7 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Sharada Industries

NPD Engineer in Lucknow

Research & Development Department

4.0

• posted on 21 Dec 2020

4.0

for Salary and Benefits

Likes

...any policy is good & Well learning plateform in Automobile & Fabrication fields. They give good salary hike & Bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joining.

QA Engineer in Bhosari MIDC

Quality Assurance Department

4.0

• posted on 09 May 2021

3.0

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 a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Management Representative in Pune

Quality Assurance Department

5.0

• posted on 03 Aug 2022

3.0

for Salary and Benefits

Likes

The freedom to try new things, the support given by top management, job security, work culture, leadership

Dislikes

...ing to dislike as such, because other things are exceeds overall satisfaction. However, salary packages can be increased/ other facilities can be provided to compensate salary packages (such as sponsoring car loans- partially/ paid partially in salary, etc.)

Development Engineer in Bhosari Pune

Full Time

Other Department

4.0

• posted on 13 Jun 2023

2.0

for Salary and Benefits

Likes

Work life balance, Flexible working hours, skills upgradation support from top management

Dislikes

Culture,non technical dominant ,All plant heads are non technical, following the principal of old is gold,no worker safety provision

see more salary related reviews

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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?

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Sharada Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Sharada Industries?

new Product Development Engineer salary at Sharada Industries in India ranges between ₹3.2 Lakhs to ₹4.3 Lakhs for experience between 3 years to 7 years. According to our estimates it is 8% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Sharada Industries India.

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

The average salary of a new Product Development Engineer at Sharada Industries 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 Sharada Industries to a new Product Development Engineer in India?

Amco Saft India new Product Development Engineer Salary - ₹4.0 Lakhs to ₹4.6 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
JBM Group new Product Development Engineer Salary - ₹2.3 Lakhs to ₹5.7 Lakhs per year

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

L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
Wadhokar new Product Development Engineer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a new Product Development Engineer at Sharada Industries ranges between ₹26,577 per month to ₹27,992 per month in India. The take-home salary calculation is based on the average Sharada Industries new Product Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Sharada Industries?

According to AmbitionBox, 100% of the Sharada Industries new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Sharada Industries new Product Development Engineer Salaries

Sharada Industries new Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Sharada Industries latest salaries received from various employees of Sharada Industries.