Svm Chennai new Product Development Engineer Salaries by 3 Employees (Updated 2024)

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₹2.2 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

31% 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 in Chennai

Svm new Product Development Engineer Salary

2 years exp. (3 salaries)

₹2.2 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹7.5 L/yr 84% more
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 117% more
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Avalon Technologies new Product Development Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.3 L/yr 48% more
Motherson Automotive Technologies and Engineering new Product Development Engineer Salary 2 - 8 years exp. (17 salaries)	₹2.9 L/yr - ₹7.5 L/yr 77% more	1 job opening
Foxconn new Product Development Engineer Salary 2 - 10 years exp. (10 salaries)	₹1.7 L/yr - ₹8 L/yr 66% more

new Product Development Engineer salary at Svm ranges between ₹2.2 Lakhs to ₹3.1 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 in Chennai

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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Salary related reviews for Svm

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.

Dislikes

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

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a technical project manager

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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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Svm new Product Development Engineer Salary FAQs

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

According to AmbitionBox, 50% of the Svm new Product Development Engineers in Chennai 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 in Chennai

Svm new Product Development Engineer salary in Chennai ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Svm latest salaries received from various employees of Svm.