Shriram Foundry Product Development Engineer Salaries by Employees

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₹3.2 Lakhs - ₹4.1 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 11 Mar 2023

Companies similar to Shriram Foundry for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
HCLTech Product Development Engineer Salary 1 - 7 years exp. (43 salaries)	₹2.6 L/yr - ₹6.6 L/yr 18% more
TCS Product Development Engineer Salary 1 - 9 years exp. (23 salaries)	₹4 L/yr - ₹10 L/yr 76% more
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DXC Technology Product Development Engineer Salary 4 - 7 years exp. (13 salaries)	₹5.1 L/yr - ₹10 L/yr 136% more
Tech Mahindra Product Development Engineer Salary 4 - 10 years exp. (6 salaries)	₹9.5 L/yr - ₹14 L/yr 179% more
Amazon Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹8.3 L/yr - ₹18 L/yr 212% more
IBM Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 190% more
Teleperformance Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹7.5 L/yr - ₹8 L/yr 109% more
Accenture Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 135% more
Capgemini Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr 234% more

Product Development Engineer salary at Shriram Foundry ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Shriram Foundry.

Similar Designation salaries in Shriram Foundry

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(4 salaries)

₹4.5 L/yr - ₹4.8 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Quality Engineer Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹4.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Shriram Foundry

Development Engineer in Kolhapur

Engineering - Software & QA Department

5.0

• posted on 04 Jul 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.Very intelligents people in shriram foundary.Shriram open a another plant in a kagal, Kolhapur.Various career opportunities & Growth in Shriram foundary.

Skill development - Good

+3 more

Dislikes

Mechanical Maintenance Engineer in Pantnagar

Production, Manufacturing & Engineering Department

4.0

• posted on 03 Sep 2017

3.0

for Salary and Benefits

Likes

Its a good place for learning for Mechanical Engineers. Not much more work pressure, if you can understand your Boss motive then everything will be alright. Salary/Appraisal is not so good, so learn as you can and move on.

Skill development - Good

+1 more

Dislikes

Salary/Appraisal is not good for engineers. Basically its a work place for Diploma or ITI holders not good for Engineers.

CAD Engg in Kolhapur

Research & Development Department

4.0

• posted on 11 Sep 2017

4.0

for Salary and Benefits

Likes

I have learned many technical things, co-operative colleagues, learned team management, work planning, project estimation, how to make proposal to customer, innovative work and got overall knowledge or activities like molding, pouring, fettelling, finishing department processes, Got knowledge about quality assurance.

Salary - Good

+6 more

Dislikes

Nothing to dislike.

see more salary related reviews

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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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Shriram Foundry Product Development Engineer Salary FAQs

How the salary growth look like for a Product Development Engineer at Shriram Foundry in India?

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

Experience	Average Salary Range
9 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Shriram Foundry Product Development Engineer Salaries

Shriram Foundry Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs. This is an estimate based on latest salaries received from employees of Shriram Foundry.

Shriram Foundry Product Development Engineer salaries in India

Companies similar to Shriram Foundry for Product Development Engineer

Similar Designation salaries in Shriram Foundry

Salary related reviews for Shriram Foundry

Development Engineer in Kolhapur

Mechanical Maintenance Engineer in Pantnagar

CAD Engg in Kolhapur

Shriram Foundry Product Development Engineer Salary FAQs

Tell us how to improve this page.