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

13 - 15 years exp.

₹4.4 Lakhs - ₹5.6 Lakhs

Low Confidence

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Production, Manufacturing & Engineering new Product Development Engineer Salary 15 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Research & Development new Product Development Engineer Salary 13 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to Tool Maker Associates for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 1% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 81% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 21% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 21% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (43 salaries)	₹1.7 L/yr - ₹4.7 L/yr 36% less

new Product Development Engineer salary at Tool Maker Associates ranges between ₹4.4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Tool Maker Associates.

Similar Designation salaries in Tool Maker Associates

Production Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Quality Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹2.7 L/yr

Junior Engineer Salary

(4 salaries)

₹2.25 L/yr - ₹4.05 L/yr

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Tool Maker Associates new Product Development Engineer Salaries

Tool Maker Associates new Product Development Engineer salary in India ranges between ₹4.4 Lakhs to ₹5.6 Lakhs. This is an estimate based on latest salaries received from employees of Tool Maker Associates.

Tool Maker Associates new Product Development Engineer salaries in India

Companies similar to Tool Maker Associates for new Product Development Engineer

Similar Designation salaries in Tool Maker Associates

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