Suzuki Motorcycle new Product Development Engineer Salaries by 5 Employees

4 - 8 years exp.

₹4.8 Lakhs - ₹8.6 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

74% more than the average new Product Development Engineer Salary in Automobile Companies for 4 - 8 years of experience

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Salaries in different departments

Product Management new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.3 L/yr
Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Quality Assurance new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.4 L/yr
Procurement & Supply Chain new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.5 L/yr
Research & Development new Product Development Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 27 Jun 2024

Companies similar to Suzuki Motorcycle for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Escorts Kubota Limited new Product Development Engineer Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 64% less
Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 71% less
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Ather Energy new Product Development Engineer Salary 1 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹10 L/yr 8% less
Piaggio new Product Development Engineer Salary 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 58% less
CNH Industrial new Product Development Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹11.5 L/yr 10% less
Sonalika Tractors new Product Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4.5 L/yr 51% less
Daimler India Commercial Vehicles new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 36% less

new Product Development Engineer salary at Suzuki Motorcycle ranges between ₹4.8 Lakhs to ₹8.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Suzuki Motorcycle.

Experience wise Suzuki Motorcycle new Product Development Engineer salaries

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr

Similar Designation salaries in Suzuki Motorcycle

Development Engineer Salary

(4 salaries)

₹5.5 L/yr - ₹6 L/yr

Production Engineer Salary

(39 salaries)

₹4.7 L/yr - ₹10 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Assistant Engineer Salary

(4 salaries)

₹3.25 L/yr - ₹4.5 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Mechanical Engineer Salary

(8 salaries)

₹2.25 L/yr - ₹6.5 L/yr

Software Engineer Salary

(11 salaries)

₹4.8 L/yr - ₹8.4 L/yr

Senior Engineer Salary

(6 salaries)

₹4.3 L/yr - ₹8 L/yr

Production Supervisor Salary

(26 salaries)

₹2.7 L/yr - ₹7 L/yr

Top skills at Suzuki Motorcycle for new Product Development Engineer

Design Development 3D New Product Development 2D New Model Development

Salary related reviews for Suzuki Motorcycle

3.0

Rated by 2 employees for salary & benefits

Production Engineer in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 31 May 2023

4.0

for Salary and Benefits

Likes

Work culture and office ambient excellent excluding production department , moderate carrier growth ,average salary as per industry norms

Salary - Good

+3 more

Dislikes

Job responsibility not specified as per designation , unreliable kRA reviewing process .

Skill development - Poor

Senior Engineer in Gurgaon / Gurugram

Quality Assurance Department

2.0

• posted on 28 Jul 2020

3.0

for Salary and Benefits

Likes

It was terrible experience to work with this MNC. As this is less japanese and more like a mechanic workshop There ia no transparency and teamwork in management. Company policies are good but are not implemented accordingly.

Job security - Good

+1 more

Dislikes

Therr is no training during job work. Salary is too poor but good appraisal

Skill development - Bad

+3 more

Production Supervisor

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Nov 2018

5.0

for Salary and Benefits

Likes

Cant say much more about others department but i was working there in frame assembly production department and i was fully satisfied there with my work, culture and everything except salary which is good now but not my time

Salary - Excellent

+6 more

Dislikes

nothing but low salary at my time that is also improved now

ITI Fitter in New Delhi

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... employee throughout your life and will not be able to become a Suzuki employee. You will get very low salary, you will not get any facilities, it will become difficult to live life

Salary - Bad

+6 more

Technician in Bangalore Rural

Full Time

Other Department

3.0

• posted on 12 Nov 2024

3.0

for Salary and Benefits

Likes

Work satisfaction is good and also bonus.

Skill development - Good

+1 more

Dislikes

Not increase promotion posting. Avarage salary.this salary life balanced very deficult. Holiday very low. medical speciality not support.Room speciality not there.

Job security - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Suzuki Motorcycle new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Suzuki Motorcycle ?

The average salary of a new Product Development Engineer at Suzuki Motorcycle in India typically ranges from ₹4.8 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of new Product Development Engineer at Suzuki Motorcycle earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. new Product Development Engineer Salaries at Suzuki Motorcycle 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 5 Suzuki Motorcycle employees in India.

What is the estimated take home salary of a new Product Development Engineer at Suzuki Motorcycle in India?

The estimated take-home salary of a new Product Development Engineer at Suzuki Motorcycle in India typically ranges from ₹53,057 to ₹54,378 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 salaries received from various employees of Suzuki Motorcycle. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a new Product Development Engineer at Suzuki Motorcycle ?

To be a new Product Development Engineer at Suzuki Motorcycle in india, the key skills required include:

- Design Development
- 3D
- New Product Development
- 2D
- New Model Development

These skills are highly valued at Suzuki Motorcycle and are crucial for successful performance in a Software Engineering role.

What is the salary of a new Product Development Engineer in companies similar to Suzuki Motorcycle in India?

The salary of a new Product Development Engineer at companies similar to Suzuki Motorcycle in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ather Energy	₹3.3 Lakhs to ₹10.0 Lakhs per year
CNH Industrial	₹2.8 Lakhs to ₹11.5 Lakhs per year
Daimler India Commercial Vehicles	₹3.0 Lakhs to ₹5.3 Lakhs per year
Sonalika Tractors	₹2.7 Lakhs to ₹4.5 Lakhs per year
Piaggio	₹2.5 Lakhs to ₹3.0 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.

How the salary growth look like for a new Product Development Engineer at Suzuki Motorcycle in India?

The salary growth for a new Product Development Engineer at Suzuki Motorcycle depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Suzuki Motorcycle:

Experience	Average Salary Range
4 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
6 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
7 years	₹7.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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Suzuki Motorcycle new Product Development Engineer Salaries

Suzuki Motorcycle new Product Development Engineer salary in India ranges between ₹4.8 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Suzuki Motorcycle latest salaries received from various employees of Suzuki Motorcycle.