Sharda Motor Industries new Product Development Sr. Engineer Salaries by 2 Employees (Updated 2025)

6 - 8 years exp.

₹4.9 Lakhs - ₹6.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 19 Mar 2025

Companies similar to Sharda Motor Industries for new Product Development Sr. Engineer

Company name	Avg Annual Salary	Open Jobs
Steel Strips Wheels new Product Development Sr. Engineer Salary 7 - 10 years exp. (4 salaries)	₹5.3 L/yr - ₹7 L/yr 9% more
Aswin Cold Forge new Product Development Sr. Engineer Salary 7 - 10 years exp. (4 salaries)	₹4.3 L/yr - ₹10.9 L/yr 38% more
Login to view exact salary
Estee Auto Pressings new Product Development Sr. Engineer Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 18% less
Bsc Rubber Industries new Product Development Sr. Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.2 L/yr 39% less
Roop Polymers new Product Development Sr. Engineer Salary 10 - 12 years exp. (3 salaries)	₹5.6 L/yr - ₹7 L/yr 11% more

new Product Development Sr. Engineer salary at Sharda Motor Industries ranges between ₹4.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Sharda Motor Industries.

Similar Designation salaries in Sharda Motor Industries

Senior Design Engineer Salary

(19 salaries)

₹2.05 L/yr - ₹8 L/yr

new Product Development Engineer Salary

(13 salaries)

₹2.05 L/yr - ₹5.2 L/yr

NPD Engineer Salary

(10 salaries)

₹2.8 L/yr - ₹5 L/yr

Design Engineer Salary

(9 salaries)

₹3.5 L/yr - ₹4 L/yr

Senior CFD Engineer Salary

(6 salaries)

₹3.75 L/yr - ₹4.84 L/yr

R&D Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹4.05 L/yr

CAE Engineer Salary

(4 salaries)

₹3 L/yr - ₹6.1 L/yr

Product Engineer Salary

(4 salaries)

₹3 L/yr - ₹17.78 L/yr

Mechanical Engg. Design Salary

(4 salaries)

₹2.5 L/yr - ₹4.42 L/yr

Process Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹8.2 L/yr

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.

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 Sharda Motor Industries?

Ask anonymously on communities.

Sharda Motor Industries new Product Development Sr. Engineer Salary FAQs

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

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

Experience	Average Salary Range
6 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Sharda Motor Industries Salaries >
Sharda Motor Industries new Product Development Sr. Engineer Salaries

Sharda Motor Industries new Product Development Sr. Engineer salary in India ranges between ₹4.9 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Sharda Motor Industries.