Toyoda Gosei Minda new Product Development Engineer Salaries by 4 Employees (Updated 2024)

5 - 6 years exp.

₹3.9 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

7% more than the average new Product Development Engineer Salary in Auto Components Companies for 5 - 6 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr
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Research & Development new Product Development Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Toyoda Gosei Minda for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 24% less
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 26% less
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Varroc Group new Product Development Engineer Salary 0 - 12 years exp. (9 salaries)	₹2.4 L/yr - ₹7 L/yr 13% more
Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 86% more
Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6.6 L/yr 10% more
Suprajit Engineering new Product Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 12% more
Varroc Polymers new Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹5 L/yr 15% less
International Automotive Components new Product Development Engineer Salary 4 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹10 L/yr 93% more
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.7 L/yr 24% less
FCC Clutch new Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr 14% more
Magna International new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.2 L/yr 4% less
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Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 8% less
Cooper-Standard Automotive new Product Development Engineer Salary 2 - 12 years exp. (3 salaries)	₹3 L/yr - ₹10.6 L/yr 36% more
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 4% more
Saint Gobain Sekurit India new Product Development Engineer Salary 8 - 10 years exp. (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr 26% more

new Product Development Engineer salary at Toyoda Gosei Minda ranges between ₹3.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Toyoda Gosei Minda.

Experience wise Toyoda Gosei Minda new Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4 L/yr

Similar Designation salaries in Toyoda Gosei Minda

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Development Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹4.8 L/yr

Production Engineer Salary

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₹2.8 L/yr - ₹5.4 L/yr

Project Engineer Salary

(3 salaries)

₹5.6 L/yr - ₹7.1 L/yr

Assistant Engineer Salary

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₹4.2 L/yr - ₹6.8 L/yr

Production Manager Salary

(7 salaries)

₹13 L/yr - ₹24 L/yr

Design Engineer Salary

(4 salaries)

₹1.1 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(92 salaries)

₹3.05 L/yr - ₹8.4 L/yr

Production Supervisor Salary

(28 salaries)

₹1.8 L/yr - ₹3.15 L/yr

Salary related reviews for Toyoda Gosei Minda

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Neemrana

Production, Manufacturing & Engineering Department

3.0

• posted on 05 May 2021

1.0

for Salary and Benefits

Likes

The Brand name in itself is the key highlighter for the company. The Focus on the safe work environment is on top priority. System is well in place.

Dislikes

Compensation is terrible and growth is slow as snail. Management seems to exploit the worker category with their very low compensation plan and false promises.

Sr.Engineer EHS in Ahmedabad

Full Time

Environment Health & Safety Department

4.0

• posted on 25 Mar 2023

4.0

for Salary and Benefits

Likes

...nt in consultation if any change of management, process and future expansion. 2. Timely salary payment 3. Skill builder program

Dislikes

1. Nothing special for dislike but sometimes working pressure more and expectations of result within time frame targets.

Brach Operation Manager (working remotely)

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Minda is best skill and knowledge safety rules and next work start and good staff help employee best salary in issue and yearly agreement down employee salary 3000 thousand minimum give employees

Dislikes

Good work 👍

Junior Engineer - Quality Assurance in Bawal

Full Time

Quality Assurance Department

2.0

• posted on 03 Oct 2023

2.0

for Salary and Benefits

Likes

There is no work culture in toyoda gosei but here you can learn about documentaion and some other technical stuffs. You have to pick good things and forget about bad things.

Dislikes

No work life balance No good behaviour Too much politics No good appraisals

Assistant Engineer in Ramanagara

Full Time

Quality Assurance Department

3.0

• posted on 17 Feb 2023

2.0

for Salary and Benefits

Likes

Top management is good they were helpful.

Dislikes

No life only they were taking work no feel like as an engineer and employees Slow growth in your career.Mid level hr and employees were not behave good they were treat North Indian people like as a foreigner and also do discrimination.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Toyoda Gosei Minda new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Toyoda Gosei Minda?

new Product Development Engineer salary at Toyoda Gosei Minda in India ranges between ₹3.9 Lakhs to ₹4.5 Lakhs for experience between 5 years to 6 years. According to our estimates it is 7% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Toyoda Gosei Minda India.

How does the salary of a new Product Development Engineer at Toyoda Gosei Minda India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Toyoda Gosei Minda is 7% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Toyoda Gosei Minda to a new Product Development Engineer in India?

International Automotive Components new Product Development Engineer Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year
Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year
Cooper-Standard Automotive new Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
Saint Gobain Sekurit India new Product Development Engineer Salary - ₹4.6 Lakhs to ₹5.5 Lakhs per year
FCC Clutch new Product Development Engineer Salary - ₹4.2 Lakhs to ₹5.4 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Toyoda Gosei Minda in India?

Varroc Group new Product Development Engineer Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
Suprajit Engineering new Product Development Engineer Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
Rane (Madras) new Product Development Engineer Salary - ₹2.1 Lakhs to ₹6.6 Lakhs per year
Gestamp new Product Development Engineer Salary - ₹3.9 Lakhs to ₹6.8 Lakhs per year
Magna International new Product Development Engineer Salary - ₹3.3 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Toyoda Gosei Minda in India?

The estimated take-home salary of a new Product Development Engineer at Toyoda Gosei Minda ranges between ₹30,133 per month to ₹31,446 per month in India. The take-home salary calculation is based on the average Toyoda Gosei Minda new Product Development Engineer salary in India which ranges between ₹3.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Toyoda Gosei Minda?

According to AmbitionBox, 67% of the Toyoda Gosei Minda new Product Development Engineers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Toyoda Gosei Minda new Product Development Engineer Salaries

Toyoda Gosei Minda new Product Development Engineer salary in India ranges between ₹3.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Toyoda Gosei Minda latest salaries received from various employees of Toyoda Gosei Minda.