SRI BALAJI CASTINGS new Product Development Engineer Salaries by 5 Employees (Updated 2024)

3 - 6 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

33% less than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr
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Research & Development new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 3 Nov 2024

Companies similar to SRI BALAJI CASTINGS for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bellsonica Auto Component new Product Development Engineer Salary 1 - 6 years exp. (8 salaries)	₹3.5 L/yr - ₹4.8 L/yr 53% more
EXEDY new Product Development Engineer Salary 3 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹5.5 L/yr 54% more
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SMR Automotive Systems India new Product Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4.8 L/yr 45% more
Mungi Group new Product Development Engineer Salary 4 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹5.5 L/yr 105% more
Alf Engineering new Product Development Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 7% less
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.5 L/yr 54% more
Global Autotech new Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 20% more
Nissin Brake new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹3.7 L/yr 37% more
NVH India Auto Parts new Product Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 51% more
Jayashree Polymers new Product Development Engineer Salary 1 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr 11% more

new Product Development Engineer salary at SRI BALAJI CASTINGS ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of SRI BALAJI CASTINGS.

Experience wise SRI BALAJI CASTINGS new Product Development Engineer salaries

Last Updated: 3 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Similar Designation salaries in SRI BALAJI CASTINGS

Development Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Production Supervisor Salary

(6 salaries)

₹1.45 L/yr - ₹3 L/yr

NPD Engineer Salary

(4 salaries)

₹2 L/yr - ₹7 L/yr

Quality Engineer Salary

(20 salaries)

₹1.4 L/yr - ₹3.05 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Salary related reviews for SRI BALAJI CASTINGS

QC Engineer in Chennai

Quality Assurance Department

3.0

• posted on 14 Feb 2019

3.0

for Salary and Benefits

Likes

I love that I'm part of sbc castings team that market high quality products and has global client base.mine national based client..

Dislikes

Less Training of new product development ,career growth,learning g ,work environment

QA Engineer in Chennai

Quality Assurance Department

5.0

• posted on 17 Aug 2018

5.0

for Salary and Benefits

Likes

An Excellent place to update knowledge, Very much useful for an Budding Engineers to get an vast knowledge in Engineering filed of manufacturing Industries.

Dislikes

Giving wast knowledge to employees without any Discrimination

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SRI BALAJI CASTINGS new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at SRI BALAJI CASTINGS?

new Product Development Engineer salary at SRI BALAJI CASTINGS in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs for experience between 3 years to 6 years. According to our estimates it is 33% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SRI BALAJI CASTINGS India.

How does the salary of a new Product Development Engineer at SRI BALAJI CASTINGS India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at SRI BALAJI CASTINGS is 33% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SRI BALAJI CASTINGS to a new Product Development Engineer in India?

Mungi Group new Product Development Engineer Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
Toyoda Gosei Minda new Product Development Engineer Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
EXEDY new Product Development Engineer Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Bellsonica Auto Component new Product Development Engineer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
NVH India Auto Parts new Product Development Engineer Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to SRI BALAJI CASTINGS in India?

SMR Automotive Systems India new Product Development Engineer Salary - ₹3.2 Lakhs to ₹4.8 Lakhs per year
Nissin Brake new Product Development Engineer Salary - ₹3.6 Lakhs to ₹3.7 Lakhs per year
Global Autotech new Product Development Engineer Salary - ₹2.5 Lakhs to ₹4.4 Lakhs per year
Jayashree Polymers new Product Development Engineer Salary - ₹2.9 Lakhs to ₹3.0 Lakhs per year
Alf Engineering new Product Development Engineer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at SRI BALAJI CASTINGS in India?

The estimated take-home salary of a new Product Development Engineer at SRI BALAJI CASTINGS ranges between ₹18,648 per month to ₹20,332 per month in India. The take-home salary calculation is based on the average SRI BALAJI CASTINGS new Product Development Engineer salary in India which ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at SRI BALAJI CASTINGS?

According to AmbitionBox, 100% of the SRI BALAJI CASTINGS new Product Development Engineers reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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SRI BALAJI CASTINGS new Product Development Engineer Salaries

SRI BALAJI CASTINGS new Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SRI BALAJI CASTINGS latest salaries received from various employees of SRI BALAJI CASTINGS.