SPM Designs new Product Development Engineer Salaries by 3 Employees (Updated 2025)

14 - 17 years exp.

₹6 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

92% more than the average new Product Development Engineer Salary for 14 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
Login to view exact salary
Research & Development new Product Development Engineer Salary 14 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 2 Jan 2025

Companies similar to SPM Designs for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 34% less
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 21% less
Login to view exact salary
HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 51% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (71 salaries)	₹2.7 L/yr - ₹5.7 L/yr 48% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 58% less

new Product Development Engineer salary at SPM Designs ranges between ₹6 Lakhs to ₹9.5 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of SPM Designs.

Experience wise SPM Designs new Product Development Engineer salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in SPM Designs

Project Engineer Salary

(4 salaries)

₹3.1 L/yr - ₹5.4 L/yr

Design Engineer Salary

(5 salaries)

₹2.15 L/yr - ₹4 L/yr

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about SPM Designs?

Ask anonymously on communities.

SPM Designs new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at SPM Designs?

According to AmbitionBox, 50% of the SPM Designs new Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SPM Designs Salaries >
SPM Designs new Product Development Engineer Salaries

SPM Designs new Product Development Engineer salary in India ranges between ₹6 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SPM Designs latest salaries received from various employees of SPM Designs.