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Tech Force Composites new Product Development Engineer salaries in India

Annual salary range
9 - 13 years exp.
₹4.6 Lakhs - ₹5.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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22% more than the average new Product Development Engineer Salary for 9 - 13 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Tech Force Composites for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 60% less
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₹3.4 L/yr - ₹5.9 L/yr

arrow icon 10% less
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 19% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 33% less
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 25% less
new Product Development Engineer salary at Tech Force Composites ranges between ₹4.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Force Composites.

Latest annual salaries shared by Tech Force Composites new Product Development Engineer

1y ago
₹4.6 Lakhs
13 years exp.
1y ago
₹5.4 Lakhs
9 years exp.
1y ago
₹5.4 Lakhs
10 years exp.

Experience wise Tech Force Composites new Product Development Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
13 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Tech Force Composites

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₹1.8 L/yr - ₹5.4 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹1.05 L/yr - ₹3.65 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.8 L/yr - ₹4.3 L/yr

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Tech Force Composites new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Tech Force Composites ?
The average salary of a new Product Development Engineer at Tech Force Composites in India typically ranges from ₹4.6 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of new Product Development Engineer at Tech Force Composites earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. new Product Development Engineer Salaries at Tech Force Composites 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 4 Tech Force Composites employees in India.
What is the estimated take home salary of a new Product Development Engineer at Tech Force Composites in India?
The estimated take-home salary of a new Product Development Engineer at Tech Force Composites in India typically ranges from ₹37,363 to ₹38,567 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 9 years to 13 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 4 salaries received from various employees of Tech Force Composites. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a new Product Development Engineer in companies similar to Tech Force Composites in India?
The salary of a new Product Development Engineer at companies similar to Tech Force Composites in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Seoyon E-hwa Automotive ₹3.4 Lakhs to ₹5.9 Lakhs per year
INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group ₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 Lakhs per year
Caparo Engineering India ₹1.4 Lakhs to ₹3.2 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 Tech Force Composites in India?
The salary growth for a new Product Development Engineer at Tech Force Composites depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Tech Force Composites:

Experience Average Salary Range
9 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
10 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
12 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
13 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

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Tech Force Composites new Product Development Engineer salary in India ranges between ₹4.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Tech Force Composites latest salaries received from various employees of Tech Force Composites.