Tool Holders new Product Development Engineer Salaries by 2 Employees (Updated 2025)

3 - 12 years exp.

₹4.2 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 12 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Research & Development new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 10 Mar 2025

Companies similar to Tool Holders for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India new Product Development Engineer Salary 0 - 5 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 58% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 7% less
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INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 16% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 34% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 22% less

new Product Development Engineer salary at Tool Holders ranges between ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Tool Holders.

Similar Designation salaries in Tool Holders

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Tool Holders

Job Inspector in Belgaum

Other Department

4.0

• posted on 13 Jan 2021

3.0

for Salary and Benefits

Likes

The Company's Workers & the Environment...They are supportive & Caring...

Skill development - Good

+5 more

Dislikes

If I get opportunity to work in any other reputed company...I will change the company...so that I can be exposed to that new company with my skills.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Tool Holders new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Tool Holders in India?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
12 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Tool Holders new Product Development Engineer Salaries

Tool Holders new Product Development Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.4 Lakhs. This is an estimate based on latest salaries received from employees of Tool Holders.