Spark Minda Pune new Product Development Engineer Salaries by 6 Employees (Updated 2025)

2 - 4 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Salary of majority employees

21% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr
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Quality Assurance new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 24 Feb 2024

Companies similar to Spark Minda for new Product Development Engineer in Pune

Spark Minda new Product Development Engineer Salary

2 - 4 years exp. (6 salaries)

₹3 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (8 salaries)	₹3.9 L/yr - ₹5.6 L/yr 52% more
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (11 salaries)	₹2 L/yr - ₹6.1 L/yr 37% more
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Varroc Group new Product Development Engineer Salary 1 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹6 L/yr 21% more
Lumax Industries new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 9% less
CIE Automotive new Product Development Engineer Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr 26% more
JBM Group new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr 17% more

new Product Development Engineer salary at Spark Minda ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Spark Minda.

Experience wise Spark Minda new Product Development Engineer salaries in Pune

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
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4 years (3 salaries)	₹1.4 L/yr - ₹4.2 L/yr

Similar Designation salaries in Spark Minda

Design Engineer Salary

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₹1.5 L/yr - ₹7 L/yr

Production Engineer Salary

(30 salaries)

₹2 L/yr - ₹5.9 L/yr

Senior Design Engineer Salary

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₹4.35 L/yr - ₹9.2 L/yr

Production Manager Salary

(10 salaries)

₹12.4 L/yr - ₹18.5 L/yr

Mechanical Engineer Salary

(7 salaries)

₹1.15 L/yr - ₹4.35 L/yr

Senior Software Engineer Salary

(6 salaries)

₹4.85 L/yr - ₹12.5 L/yr

Project Engineer Salary

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₹2.8 L/yr - ₹6.5 L/yr

Salary related reviews for Spark Minda

4.0

Rated by 1 employees for salary & benefits

Software Developer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 26 Jun 2023

3.0

for Salary and Benefits

Likes

Nothing great to say. Its barely average company to join. HR trying to bring new policies but they dont have any say. HR also keep changing.

Job security - Good

Dislikes

... will demand great things from you but no great projects to work no recognition. They will increase salary of favourite people anytime. Some people have no work and enjoy good time and some people keep slogging. No project management process followed. Tried reaching HR but they are also leaving.

Skill development - Poor

+3 more

Quality Engineer in Pune

Full Time

Research & Development Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Quality Engineer in Greater Noida Uttar Pradesh

Quality Assurance Department

4.0

• posted on 20 Jun 2020

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adoptes latest technology.high quality products and has a global client base.

Salary - Good

+4 more

Dislikes

Compensation is decent,but growth is very poor.the work pressure is very high.sometimes , I have to work 10 -12 hours straight in a day..there is no on-job training for freshers,hence senior folks like me have to guide them step-by-step, which is a pain some time d

Quality Engineer in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Dec 2019

4.0

for Salary and Benefits

Likes

The company is open innovation and readily adopts latest technology. I love the fact that I Am a part of a team that markets reliable,high-quality product and has a global Client base.

Salary - Good

+2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

Promotions - Poor

Production Engineer in Greater Noida

Production Department

4.0

• posted on 15 Aug 2018

3.0

for Salary and Benefits

Likes

I am working in minda corporation Ltd from above one year. Company has good learning invironment but salary and company working policies are not as good as required for comfort working.

Skill development - Excellent

+4 more

Dislikes

Job security and salary.

see more salary related reviews

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Spark Minda new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Spark Minda Pune?

new Product Development Engineer salary at Spark Minda in Pune ranges between ₹3.0 Lakhs to ₹4.2 Lakhs for experience between 2 years to 4 years. According to our estimates it is 21% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Spark Minda Pune.

How does the salary of a new Product Development Engineer at Spark Minda Pune compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Spark Minda is 21% less than the average salary of a new Product Development Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Spark Minda to a new Product Development Engineer in Pune?

Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
CIE Automotive new Product Development Engineer Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
Varroc Group new Product Development Engineer Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
JBM Group new Product Development Engineer Salary - ₹3.5 Lakhs to ₹4.2 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Spark Minda in Pune?

Lumax Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Spark Minda in Pune?

The estimated take-home salary of a new Product Development Engineer at Spark Minda ranges between ₹23,071 per month to ₹24,539 per month in Pune. The take-home salary calculation is based on the average Spark Minda new Product Development Engineer salary in India which ranges between ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Spark Minda in Pune?

According to AmbitionBox, 33% of the Spark Minda new Product Development Engineers in Pune reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Spark Minda new Product Development Engineer Salaries in Pune

Spark Minda new Product Development Engineer salary in Pune ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Spark Minda latest salaries received from various employees of Spark Minda.