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Thai Summit Group new Product Development Engineer salaries in India

Annual salary range
7 - 8 years exp.
₹4.2 Lakhs - ₹5.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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16% more than the average new Product Development Engineer Salary for 7 - 8 years of experience

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Last Updated: 29 Feb 2024

Companies similar to Thai Summit Group for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹11 L/yr

arrow icon 29% more
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₹4.2 L/yr - ₹5.4 L/yr

arrow icon 1% less
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₹3.9 L/yr - ₹6.8 L/yr

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

arrow icon 14% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 29% less
new Product Development Engineer salary at Thai Summit Group ranges between ₹4.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Thai Summit Group.

Latest annual salaries shared by Thai Summit Group new Product Development Engineer

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8 years exp.
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7 years exp.
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8 years exp.
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7 years exp.

Experience wise Thai Summit Group new Product Development Engineer salaries

Last Updated: 29 Feb 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.2 L/yr

Similar Designation salaries in Thai Summit Group

Development Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹3.75 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹2 L/yr - ₹4.2 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
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₹2.1 L/yr - ₹3.3 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Senior Engineer Salary
(13 salaries)
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₹5.1 L/yr - ₹7 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
NPD Engineer Salary
(5 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Salary related reviews for Thai Summit Group

3.9

Rated by 2 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

2.0
  •  posted on 23 Jul 2023

2.0
 for  Salary and Benefits

Likes

The technology is here learn many more things but still there is nothing new for new technology due to reason of company employe.

read more

Dislikes

Thai summit autoparts india pvt this is manufacturing vehicle parts. Using new era technology for new genration but is there very bad behaviour of seniar employ.and all this things.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

Thai Summit Group new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Thai Summit Group ?
The average salary of a new Product Development Engineer at Thai Summit Group in India typically ranges from ₹4.2 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 7 years to 8 years).

The top 10% of new Product Development Engineer at Thai Summit Group earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. new Product Development Engineer Salaries at Thai Summit Group 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 Thai Summit Group employees in India.
What is the estimated take home salary of a new Product Development Engineer at Thai Summit Group in India?
The estimated take-home salary of a new Product Development Engineer at Thai Summit Group in India typically ranges from ₹35,154 to ₹36,391 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 7 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 4 salaries received from various employees of Thai Summit Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Thai Summit Group for new Product Development Engineer in India?
Delta Electronics ₹2.1 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thai Summit Group, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Thai Summit Group in India?
The salary of a new Product Development Engineer at companies similar to Thai Summit Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FCC Clutch ₹4.2 Lakhs to ₹5.4 Lakhs per year
Gestamp ₹3.9 Lakhs to ₹6.8 Lakhs per year
INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
L.G.Balakrishnan & Bros ₹1.8 Lakhs to ₹5.0 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 Thai Summit Group in India?
The salary growth for a new Product Development Engineer at Thai Summit Group depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Thai Summit Group:

Experience Average Salary Range
7 years ₹4.2 Lakhs to ₹5.2 Lakhs per year
8 years ₹4.2 Lakhs to ₹5.2 Lakhs per year
and so on.

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Thai Summit Group new Product Development Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Thai Summit Group latest salaries received from various employees of Thai Summit Group.