SKS Fasteners new Product Development Engineer Salaries by 4 Employees (Updated 2025)

4 - 9 years exp.

₹3.8 Lakhs - ₹6.7 Lakhs

Low Confidence

Salary of majority employees

29% more than the average new Product Development Engineer Salary in Auto Components Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations new Product Development Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.4 L/yr
Quality Assurance new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr
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Procurement & Supply Chain new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 11 Feb 2025

Companies similar to SKS Fasteners for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Group new Product Development Engineer Salary 0 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹4.8 L/yr 31% less
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 10 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 34% less
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Mungi Group new Product Development Engineer Salary 1 - 8 years exp. (8 salaries)	₹3 L/yr - ₹6 L/yr 3% less
Bellsonica Auto Component new Product Development Engineer Salary 1 - 6 years exp. (8 salaries)	₹3.5 L/yr - ₹4.8 L/yr 23% less
EXEDY new Product Development Engineer Salary 2 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹5.6 L/yr 4% less
Texspin Bearings new Product Development Engineer Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr 26% less
SMR Automotive Systems India new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4.8 L/yr 27% less
Alf Engineering new Product Development Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 53% less
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 19% less
Jayashree Polymers new Product Development Engineer Salary 0 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 32% less
Global Autotech new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 39% less
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Nissin Brake new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹3.7 L/yr 31% less
NVH India Auto Parts new Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 24% less

new Product Development Engineer salary at SKS Fasteners ranges between ₹3.8 Lakhs to ₹6.7 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of SKS Fasteners.

Experience wise SKS Fasteners new Product Development Engineer salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr

Similar Designation salaries in SKS Fasteners

Development Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(24 salaries)

₹2.35 L/yr - ₹5.15 L/yr

Senior Design Engineer Salary

(4 salaries)

₹3.55 L/yr - ₹3.85 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Design Engineer Salary

(9 salaries)

₹2.3 L/yr - ₹5.4 L/yr

Mechanical Engineer Salary

(5 salaries)

₹2.65 L/yr - ₹6 L/yr

Senior Engineer Salary

(9 salaries)

₹3.6 L/yr - ₹6 L/yr

Production Supervisor Salary

(15 salaries)

₹2.25 L/yr - ₹3.7 L/yr

Quality Engineer Salary

(45 salaries)

₹2 L/yr - ₹4.44 L/yr

Junior Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Salary related reviews for SKS Fasteners

Quality Engineer in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 30 Oct 2023

1.0

for Salary and Benefits

Likes

Lmao

Dislikes

Low Salary, Ten hour work shift , penalty system even for silly mistakes , no filter or RO for drinking water, Marwari favouritism, no need for engineers there the job can be done by 12th pass guys. No canteen. You can get fined for putting your arms on your colleague shoulder. They make you write apology letter if you make any silly mistake. And will deduct money from your Salary increment. One day absent will deduct money from your Salary increment. They deduct double PF from your Salary but in salary slip will show only one .

Salary - Bad

+6 more

Senior Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Nov 2023

1.0

for Salary and Benefits

Likes

No like,only disadvantages,Worst company,worst MD ,they deduct to many days salary in a month, without any reasons.

Dislikes

Poor culture & MD behave like Hitler and only listen of chamchas,poor and worst culture anyone not to join here,no future for job secure,any time one day clearance happen.

Salary - Bad

+6 more

Management Representative in Pune

Full Time

Quality Department

1.0

• posted on 15 Sep 2022

1.0

for Salary and Benefits

Likes

One of third class company on planet, They have 10 hr duty for all no Bus no canteen & offered 12k salary for Engineers 🤣 shame on the company management and owner SK Bindal who marwadi & narrow minded person

Dislikes

Words not enough for Dislike

Salary - Bad

+6 more

Programmer , Data Operator in CHAKAN, PUNE

Project & Program Management Department

5.0

• posted on 15 Sep 2020

5.0

for Salary and Benefits

Likes

Company was very helpful for me and other employees also in all respects e.g. salary wise, health wise and other facilities can made. The management was took very responsible of employees future.

Salary - Excellent

+6 more

Dislikes

Nothing

Business Development in Pune

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 13 Apr 2024

3.0

for Salary and Benefits

Likes

there is nothing to like about the company.

Dislikes

strict hours( Monday to Sunday only Thursday off) strict rules which needs to be followed if not then penalty no money for working extra hours workload is to much

Skill development - Bad

+5 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SKS Fasteners new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at SKS Fasteners ?

The average salary of a new Product Development Engineer at SKS Fasteners in India typically ranges from ₹3.8 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of new Product Development Engineer at SKS Fasteners earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. new Product Development Engineer Salaries at SKS Fasteners can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 SKS Fasteners employees in India.

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

The estimated take-home salary of a new Product Development Engineer at SKS Fasteners in India typically ranges from ₹39,552 to ₹40,724 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 4 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SKS Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a new Product Development Engineer at companies similar to SKS Fasteners in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mungi Group	₹3.0 Lakhs to ₹6.0 Lakhs per year
EXEDY	₹3.8 Lakhs to ₹5.6 Lakhs per year
Toyoda Gosei Minda	₹3.9 Lakhs to ₹4.8 Lakhs per year
Bellsonica Auto Component	₹3.5 Lakhs to ₹4.8 Lakhs per year
NVH India Auto Parts	₹3.6 Lakhs to ₹4.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a new Product Development Engineer at SKS Fasteners in India?

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

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
8 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
9 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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SKS Fasteners new Product Development Engineer Salaries

SKS Fasteners new Product Development Engineer salary in India ranges between ₹3.8 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SKS Fasteners latest salaries received from various employees of SKS Fasteners.