Tushar Industries new Product Development Engineer Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹2.4 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average new Product Development Engineer Salary for 4 - 6 years of experience

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Last Updated: 12 Mar 2025

Companies similar to Tushar Industries 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 74% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 109% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 297% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 38% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 14% more

new Product Development Engineer salary at Tushar Industries ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Tushar Industries.

Experience wise Tushar Industries new Product Development Engineer salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Tushar Industries

Development Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Production Engineer Salary

(4 salaries)

₹2 L/yr - ₹4.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Quality Engineer Salary

(10 salaries)

₹1.4 L/yr - ₹4.2 L/yr

Salary related reviews for Tushar Industries

2.0

Rated by 1 employees for salary & benefits

Manager ....Heat Treatment,metallurgy in Aurangabad

Plant Department

1.0

• posted on 14 Jun 2020

1.0

for Salary and Benefits

Likes

Very bad experience with Tushar Industries and no support while covid 19 lockdown. Tushar Industries was appointed new manager without any notice or information to me.

Dislikes

No on time salary,Machine maintenance was very poor,,not follow the customer STD. Or rules,Not fools rules and regulation about safety,HR,etc. Company owner only interested in sales and profits.

Salary - Bad

+6 more

Production Engineer

Quality Assurance Department

1.0

• posted on 31 May 2020

1.0

for Salary and Benefits

Likes

I like Tushar Industries because I get to learn very fast and my teammates are good and I love the fact that I am a part of a team . Talking about support In lockdown our company did not supported in lockdown

Dislikes

The work pressure is very high according to my payment and they did not take care of our

Salary - Bad

+5 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tushar Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Tushar Industries ?

The average salary of a new Product Development Engineer at Tushar Industries in India typically ranges from ₹2.4 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of new Product Development Engineer at Tushar Industries earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. new Product Development Engineer Salaries at Tushar Industries 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 Tushar Industries employees in India.

What is the estimated take home salary of a new Product Development Engineer at Tushar Industries in India?

The estimated take-home salary of a new Product Development Engineer at Tushar Industries in India typically ranges from ₹20,792 to ₹22,444 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 4 years to 6 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 Tushar Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tushar Industries for new Product Development Engineer in India?

HCLTech	₹9.0 Lakhs to ₹16.0 Lakhs per year
Tech Mahindra	₹4.0 Lakhs to ₹7.0 Lakhs per year
TCS	₹3.4 Lakhs to ₹7.6 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 are known for offering competitive compensation packages that can exceed the salary offered by Tushar Industries, depending on the role and experience level.

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

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

Experience	Average Salary Range
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Tushar Industries new Product Development Engineer Salaries

Tushar Industries new Product Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tushar Industries latest salaries received from various employees of Tushar Industries.