Sri Balaji Assemblies Plastics Design and New Product Development Engineer salaries in India

The average salary of a Design and New Product Development Engineer at Sri Balaji Assemblies Plastics in India typically ranges from ₹1.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Design and New Product Development Engineer at Sri Balaji Assemblies Plastics earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Design and New Product Development Engineer Salaries at Sri Balaji Assemblies Plastics 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 Sri Balaji Assemblies Plastics employees in India.

The estimated take-home salary of a Design and New Product Development Engineer at Sri Balaji Assemblies Plastics in India typically ranges from ₹31,740 to ₹33,028 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Sri Balaji Assemblies Plastics. Check how we calculate in-hand salary with our in-hand salary calculator.

Leo Precision Products	₹3.5 Lakhs to ₹5.5 Lakhs per year
Kewaunee Scientific Corporation	₹3.8 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sri Balaji Assemblies Plastics, depending on the role and experience level.

The salary of a Design and New Product Development Engineer at companies similar to Sri Balaji Assemblies Plastics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pricol	₹1.6 Lakhs to ₹6.3 Lakhs per year
MK TRON Autoparts	₹2.4 Lakhs to ₹3.6 Lakhs per year
Samvardhana Motherson Group	₹2.5 Lakhs to ₹3.8 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.

The salary growth for a Design and New Product Development Engineer at Sri Balaji Assemblies Plastics depends on factors such as experience, performance, and promotions. On average, a Design and New Product Development Engineer can expect the following growth trajectory at Sri Balaji Assemblies Plastics:

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.