Sharda Motor Industries Manager new Product Development Salaries by 2 Employees

10 - 19 years exp.

₹11.5 Lakhs - ₹14.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Salaries in different departments

Project & Program Management Manager new Product Development Salary 19 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.3 L/yr
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Research & Development Manager new Product Development Salary 10 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 23 Oct 2024

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CIE Automotive Manager new Product Development Salary 12 - 25 years exp. (6 salaries)	₹9.1 L/yr - ₹11.8 L/yr 20% less
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Lumax Industries Manager new Product Development Salary 8 - 14 years exp. (4 salaries)	₹10 L/yr - ₹16 L/yr 2% more
Imperial Auto Industries Manager new Product Development Salary 11 - 15 years exp. (4 salaries)	₹8.5 L/yr - ₹9.2 L/yr 32% less
Rico Auto Industries Manager new Product Development Salary 15 - 21 years exp. (3 salaries)	₹10.8 L/yr - ₹18 L/yr 10% more
Pricol Manager new Product Development Salary 25 - 29 years exp. (3 salaries)	₹13 L/yr - ₹19 L/yr 29% more
JBM Group Manager new Product Development Salary 14 - 16 years exp. (3 salaries)	₹13 L/yr - ₹18 L/yr 21% more
Gabriel India Manager new Product Development Salary 13 - 17 years exp. (3 salaries)	₹10.4 L/yr - ₹15 L/yr 5% less

Manager new Product Development salary at Sharda Motor Industries ranges between ₹11.5 Lakhs to ₹14.7 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 2 latest salaries received from various employees of Sharda Motor Industries.

Similar Designation salaries in Sharda Motor Industries

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₹2.8 L/yr - ₹5 L/yr

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R&D Engineer Salary

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₹2.5 L/yr - ₹4.05 L/yr

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₹3 L/yr - ₹6.1 L/yr

Product Engineer Salary

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₹3 L/yr - ₹17.78 L/yr

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₹2.5 L/yr - ₹4.42 L/yr

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₹2.3 L/yr - ₹8.2 L/yr

Top skills at Sharda Motor Industries for Manager new Product Development

New Product Development Process Development Sheet Metal PFMEA Press Tools AutoCAD DFMEA MIG Welding Tig Welding PPAP Suspension Welding Engineering Apqp 3D Modeling

Salary related reviews for Sharda Motor Industries

Maintenance Trainee in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 20 Jun 2024

2.0

for Salary and Benefits

Likes

Engineer , senior engineer and managers are good and well talented persons.All are supporting and friendly persons . HR teams also good and supporting culture.

Skill development - Excellent

+3 more

Dislikes

No promotion Trainee salary low Improve canteen facilities

Salary - Poor

+2 more

Engineer in Chennai

Research & Development Department

1.0

• posted on 27 Sep 2017

1.0

for Salary and Benefits

Likes

Good oppurtunities for GET. Handful of learning experiences at the initial start of carrer.

Dislikes

Poor investment on employees and resources. Lack of training oppurtunities. No compensation for overtime work. Political environment. Lack of process oriented people.

Salary - Bad

+6 more

Assistant Manager-Production & Senior Engineer Quality (Buying House) in Nashik

Finance & Accounting Department

5.0

• posted on 06 Apr 2018

5.0

for Salary and Benefits

Likes

Excellent working culture in SMIL. No any constraints for your ethical work. Excellent management support for good work with appreciation. Career growth is dependent on our self performance. As per performance management give excellent opportunity to grow up.

Salary - Excellent

+6 more

Dislikes

Poor salary package as compared with market & stopped rejoining career opportunity.

Trainee in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 20 Mar 2025

5.0

for Salary and Benefits

Likes

To stay organized and manage my time efficiently between various tasks and projects, I employ a multi-faceted approach. First and foremost, I rely on tools that aid in task management, such as to-do lists and project management software like microsoft etc.

Salary - Excellent

+6 more

Dislikes

Fresher, experience & most experienced this category, but this is not worng, but some time take away for work-life balance & skill development distracted.

Assistant Vice President Sales in Pune

Full Time

Other Department

5.0

• posted on 09 Jan 2025

4.0

for Salary and Benefits

Likes

I am delighted to share my positive experience working with Sharda Motors, a rapidly growing company that truly prioritises work life balance. The management team is empathetic understanding and supportive of employees concerns. Overall I highly recommend Sharda Motors, as a great place to work, where you can grow professionally while maintaining a healthy personal life.

Salary - Good

+6 more

Dislikes

It is good company.

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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?

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Sharda Motor Industries Manager new Product Development Salary FAQs

How the salary growth look like for a Manager new Product Development at Sharda Motor Industries in India?

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

Experience	Average Salary Range
10 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
15 years	₹15.8 Lakhs to ₹20.1 Lakhs per year

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Sharda Motor Industries Manager new Product Development Salaries

Sharda Motor Industries Manager new Product Development salary in India ranges between ₹11.5 Lakhs to ₹14.7 Lakhs. This is an estimate based on latest salaries received from employees of Sharda Motor Industries.