Stovekraft Bangalore / Bengaluru new Product Development Engineer Salaries by 6 Employees (Updated 2024)

1 - 5 years exp.

₹1.8 Lakh - ₹3.3 Lakhs

Salary of majority employees

35% less than the average new Product Development Engineer Salary in Consumer Electronics & Appliances Companies for 1 - 5 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3.3 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 2 Jun 2024

Companies similar to Stovekraft for new Product Development Engineer in Bangalore / Bengaluru

Stovekraft new Product Development Engineer Salary

1 - 5 years exp. (6 salaries)

₹1.8 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 5 years exp. (67 salaries)	₹2.7 L/yr - ₹5.7 L/yr 40% more
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (20 salaries)	₹1.8 L/yr - ₹6 L/yr 63% more
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Veer-O-- Metals new Product Development Engineer Salary 1 - 7 years exp. (17 salaries)	₹2 L/yr - ₹6.1 L/yr 46% more
Hical Technologies new Product Development Engineer Salary 1 - 7 years exp. (16 salaries)	₹1.7 L/yr - ₹6.7 L/yr 39% more
Sansera Engineering new Product Development Engineer Salary 1 - 5 years exp. (12 salaries)	₹3.8 L/yr - ₹5.5 L/yr 56% more

new Product Development Engineer salary at Stovekraft ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Stovekraft.

Experience wise Stovekraft new Product Development Engineer salaries in Bangalore / Bengaluru

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr

Similar Designation salaries in Stovekraft

Production Engineer Salary

(33 salaries)

₹2.74 L/yr - ₹5.02 L/yr

Senior Engineer Salary

(14 salaries)

₹3.45 L/yr - ₹6.91 L/yr

Mechanical Engineer Salary

(7 salaries)

₹3 L/yr - ₹4.2 L/yr

Design Engineer Salary

(5 salaries)

₹3 L/yr - ₹4.5 L/yr

Production Supervisor Salary

(5 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Senior Design Engineer Salary

(4 salaries)

₹5 L/yr - ₹8.1 L/yr

Assistant Engineer Salary

(3 salaries)

₹3.2 L/yr - ₹5 L/yr

Salary related reviews for Stovekraft

Rated by 1 employees for salary & benefits

Accounts & Finance Executive in Baddi

Full Time

Finance & Accounting Department

4.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

...am members are very supportive. top management is not good. no company policies. no job security, salary is also not good. no career growth. only good for freshers. staff is very nice and supportive. only 2-3 people in top management has created all the mess in this baddi plant otherwise company would be very good.

Dislikes

2-3 people in top management making all the employee suffering. also no facilities- no food no transport etc. nothing

Territory Sales Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 11 Jul 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Fix Expianse 300 per day No Appricel No Promotion 24 months Senior false commitment Sales policy after sales support zero HR just make salary n FF Employee voice no one listen Employee notice period just on paper Everything closed within 24 hour by single mail. Employee feadback and alumani Portal missing......l You just cut to company ..no connection ....

SAP Executive

Marketing & Communication Department

3.0

• posted on 28 Feb 2020

2.0

for Salary and Benefits

Likes

The company is open to innovation and adopts latest technology, this company have good culture and there is now poor opportunities for career growth, there is lac of challenges and risk in the work field.

Dislikes

Compensation is decent, but growth is slow. the work pressure is high sometimes..

State Head-west Bengal in Kolkata

Other Department

1.0

• posted on 24 Mar 2021

1.0

for Salary and Benefits

Likes

Nothing..everything is wrost....not provide salary on time....no policy .....no business sense

Dislikes

salary not given on time never...Company owner has no business sense...typical marwari culture..no innovation,,,does not beleive on after sales service...company is in huge debt...do not join ...or else your future will be destroyed.

State Head- West Bengal in Nagpur

Other Department

2.0

• posted on 20 Sep 2019

3.0

for Salary and Benefits

Likes

Company dont have any fixed salary and expense reimbursement date...they will provide based their financial position for that partcular month..

Dislikes

pathetic work environment...completely unorganized company

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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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Stovekraft new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Stovekraft Bangalore / Bengaluru?

new Product Development Engineer salary at Stovekraft in Bangalore / Bengaluru ranges between ₹1.8 Lakhs to ₹3.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 35% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Stovekraft Bangalore / Bengaluru.

How does the salary of a new Product Development Engineer at Stovekraft Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Stovekraft is 35% less than the average salary of a new Product Development Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Stovekraft to a new Product Development Engineer in Bangalore / Bengaluru?

Nash Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
Sansera Engineering new Product Development Engineer Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year
Veer-O-- Metals new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
Hical Technologies new Product Development Engineer Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Stovekraft in Bangalore / Bengaluru?

The estimated take-home salary of a new Product Development Engineer at Stovekraft ranges between ₹19,928 per month to ₹21,592 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Stovekraft new Product Development Engineer salary in India which ranges between ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Stovekraft in Bangalore / Bengaluru?

According to AmbitionBox, 75% of the Stovekraft new Product Development Engineers in Bangalore / Bengaluru reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Stovekraft new Product Development Engineer Salaries in Bangalore / Bengaluru

Stovekraft new Product Development Engineer salary in Bangalore / Bengaluru ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Stovekraft latest salaries received from various employees of Stovekraft.

Stovekraft new Product Development Engineer salaries in Bangalore / Bengaluru

Companies similar to Stovekraft for new Product Development Engineer in Bangalore / Bengaluru

Latest annual salaries shared by Stovekraft new Product Development Engineer in Bangalore / Bengaluru

Experience wise Stovekraft new Product Development Engineer salaries in Bangalore / Bengaluru

Similar Designation salaries in Stovekraft

Salary related reviews for Stovekraft

Accounts & Finance Executive in Baddi

Territory Sales Manager in Ahmedabad

SAP Executive

State Head-west Bengal in Kolkata

State Head- West Bengal in Nagpur

Stovekraft new Product Development Engineer Salary FAQs

Tell us how to improve this page.