Tafe Motors & Tractors new Product Development Engineer Salaries by Employees

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₹5.9 Lakhs - ₹7.5 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 13 Dec 2023

Companies similar to Tafe Motors & Tractors for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 4 years exp. (14 salaries)	₹2 L/yr - ₹5.2 L/yr 47% less
TVS Motor new Product Development Engineer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹4.2 L/yr 59% less
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Ashok Leyland new Product Development Engineer Salary 1 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.7 L/yr 45% less
Escorts Kubota Limited new Product Development Engineer Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 61% less
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 31% more
Renault Nissan Technology & Business Centre India new Product Development Engineer Salary 5 - 8 years exp. (6 salaries)	₹6.9 L/yr - ₹9 L/yr 19% more
Automotive Manufacturers new Product Development Engineer Salary 0 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 65% less
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 37% more
Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 69% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 25% more
Ford Motor new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹11.1 L/yr 2% less
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VE Commercial Vehicles new Product Development Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr 65% less
CNH Industrial new Product Development Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹11.5 L/yr 2% less

new Product Development Engineer salary at Tafe Motors & Tractors ranges between ₹5.9 Lakhs to ₹7.5 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Tafe Motors & Tractors.

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Salary related reviews for Tafe Motors & Tractors

Junior Engineer in Alwar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Mar 2025

5.0

for Salary and Benefits

Likes

TMTL Engines like 5 KVA silent genet Engines manufactured by TMTL are one of the most preferred engines for stationery applications like generators, the prime movers for agro- industries, marine and other industrial applications.

Salary - Excellent

+6 more

Dislikes

Workers have no dress code and their pay does not include raises.

Manager in Faridabad

Full Time

Research & Development Department

5.0

• posted on 01 Feb 2025

3.0

for Salary and Benefits

Likes

A positive culture, healthy work life balance, and opportunities for skill development makes it excellent place to work. The pleasant office environment and a lush green campus provide great motivation.

Skill development - Excellent

+4 more

Dislikes

The compensation is below market standard. TMTL should reconsider and align their compensation structure with market demands.

Project Officer in Faridabad

Full Time

Sales & Business Development Department

1.0

• posted on 19 Nov 2024

1.0

for Salary and Benefits

Likes

Their is nothing in this company that an employee can feel good about it. This company doesn't have proper management to handle the works. In this company you only can do is passing your time just for minimal survival.👎🏻

Dislikes

Low Salary No promotion Work culture No action on problems Skill development Work life Job security

Salary - Bad

+6 more

Divisional Manager in Bhopal

Full Time

Human Resources Department

4.0

• posted on 19 Oct 2024

3.0

for Salary and Benefits

Likes

1. Brand Name of 'Eicher' 2. Ethical Organization 3. Market position in India and globally

Skill development - Good

+3 more

Dislikes

...to change or experiment 3. Centralized Decision making 4. Low on empowerment 5. Salary Structure is not tax friendly, not common between TAFE and TMTL

Assistant Manager in Jabalpur

Full Time

Sales & Business Development Department

4.0

• posted on 26 Sep 2024

1.0

for Salary and Benefits

Likes

Employee engagement and motivation, Open Communication and Transparency Collaborative teamwork Positive and supportive management

Skill development - Good

+4 more

Dislikes

I feel undervalued considering my contribution to the company. The company's salary growth opportunities are limited. Our company's salary and benefit package is below industry standards

Salary - Bad

+1 more

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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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Tafe Motors & Tractors new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Tafe Motors & Tractors in India?

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

Experience	Average Salary Range
1 year	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Tafe Motors & Tractors new Product Development Engineer Salaries

Tafe Motors & Tractors new Product Development Engineer salary in India ranges between ₹5.9 Lakhs to ₹7.5 Lakhs. This is an estimate based on latest salaries received from employees of Tafe Motors & Tractors.