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

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₹1.9 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

46% less than the average new Product Development Engineer Salary in Electronics Manufacturing Companies for 2 years of experience

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Last Updated: 22 May 2024

Companies similar to Svm 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 135% more
HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 435% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 182% more
Essae Digitronics new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹3.8 L/yr 13% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 85% more

new Product Development Engineer salary at Svm ranges between ₹1.9 Lakh to ₹2.5 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Svm.

Experience wise Svm new Product Development Engineer salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr
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Similar Designation salaries in Svm

Product Development Engineer Salary

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Salary related reviews for Svm

2.0

Rated by 1 employees for salary & benefits

Production Engineer in Mumbai

Production, Manufacturing & Engineering Department

5.0

• posted on 20 May 2022

1.0

for Salary and Benefits

Likes

Better knowledge growthing company for freshers. Making skill fast growth with process knowledge. Directly contact management team for requirement.

Skill development - Excellent

Dislikes

This company not supporting for engineer life growth vice income . Not satisfied on facilities and culture.Requirement was not fulfilled by the management.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Svm new Product Development Engineer Salary FAQs

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

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

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Svm new Product Development Engineer Salaries

Svm new Product Development Engineer salary in India ranges between ₹1.9 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Svm latest salaries received from various employees of Svm.