SMRC Automotive Products Pune new Product Development Engineer Salaries by 2 Employees

3 - 9 years exp.

₹10 Lakhs - ₹12.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 10 Apr 2023

Companies similar to SMRC Automotive Products for new Product Development Engineer in Pune

SMRC Automotive Products new Product Development Engineer Salary

3 - 9 years exp. (AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Wadhokar new Product Development Engineer Salary 0 - 3 years exp. (23 salaries)	₹1.5 L/yr - ₹3.6 L/yr 78% less
Tata Motors new Product Development Engineer Salary 1 - 4 years exp. (11 salaries)	₹3 L/yr - ₹5.2 L/yr 68% less
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Belrise Industries new Product Development Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.2 L/yr - ₹5.4 L/yr 66% less
Varroc Group new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹6 L/yr 65% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹6.1 L/yr 61% less

new Product Development Engineer salary at SMRC Automotive Products ranges between ₹10 Lakhs to ₹12.8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of SMRC Automotive Products.

Similar Designation salaries in SMRC Automotive Products

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₹6 L/yr - ₹7.51 L/yr

Senior Engineer Salary

(4 salaries)

₹7.94 L/yr - ₹11 L/yr

Salary related reviews for SMRC Automotive Products

Paint Shop Supervisor (working remotely)

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Media Production & Entertainment Department

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• posted on 22 Aug 2024

3.0

for Salary and Benefits

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Skill development - Good

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Company culture - Poor

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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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SMRC Automotive Products new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at SMRC Automotive Products in Pune?

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

Experience	Average Salary Range
3 years	₹7.4 Lakhs to ₹9.4 Lakhs per year
9 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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SMRC Automotive Products new Product Development Engineer Salaries in Pune

SMRC Automotive Products new Product Development Engineer salary in Pune ranges between ₹10 Lakhs to ₹12.8 Lakhs. This is an estimate based on latest salaries received from employees of SMRC Automotive Products.

SMRC Automotive Products new Product Development Engineer salaries in Pune