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: 1 Feb 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 - 4 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 17% 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 26% 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Tool Holders new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Tool Holders?

According to AmbitionBox, 100% of the Tool Holders new Product Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.