TVS Motor Hosur new Product Development Engineer Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average new Product Development Engineer Salary in Automobile Companies for 1 - 6 years of experience

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Salaries in different departments

Quality Assurance new Product Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.6 L/yr
Procurement & Supply Chain new Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr
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Research & Development new Product Development Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 25 Jan 2025

Companies similar to TVS Motor for new Product Development Engineer in Hosur

TVS Motor new Product Development Engineer Salary

1 - 6 years exp. (9 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Uniflex Precision Products new Product Development Engineer Salary 0 - 6 years exp. (10 salaries)	₹1.6 L/yr - ₹4.5 L/yr 21% more
Paracoat Products new Product Development Engineer Salary 3 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 6% more
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India Nippon Electricals new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹6.6 L/yr 66% more
Neel Auto new Product Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 94% more
Camtech CNC new Product Development Engineer Salary 18 - 23 years exp. (3 salaries)	₹5.7 L/yr - ₹7.2 L/yr 142% more

new Product Development Engineer salary at TVS Motor ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of TVS Motor.

Experience wise TVS Motor new Product Development Engineer salaries in Hosur

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.4 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

View all

Similar Designation salaries in TVS Motor

Production Engineer Salary

(65 salaries)

₹1.3 L/yr - ₹9 L/yr

Development Engineer Salary

(28 salaries)

₹2.4 L/yr - ₹6.09 L/yr

Senior Design Engineer Salary

(28 salaries)

₹4 L/yr - ₹8.5 L/yr

Project Engineer Salary

(24 salaries)

₹1.9 L/yr - ₹5 L/yr

Production Manager Salary

(8 salaries)

₹6.72 L/yr - ₹23 L/yr

Senior Software Engineer Salary

(6 salaries)

₹13.5 L/yr - ₹16 L/yr

Salary related reviews for TVS Motor

4.9

Rated by 4 employees for salary & benefits

Deputy Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 19 Oct 2024

3.0

for Salary and Benefits

Likes

Salary & Perks are Ok Benefits are competitive Policies are good (on paper only)

Dislikes

Poor HR commitments Unprofessional Culture Boss Driven Culture No systems & Processes Extreme Pressure & Micro-Management No Clarity with organisation with what to do & how to do. Just throwing stones around. HR people asks for money to new joiners HR people makes false commitments No pay benefits for extra work time Leaves depends on Boss approval and they deny mostly

Skill development - Bad

+5 more

Production Engineer in Chennai

Full Time

Product Management Department

4.0

• posted on 31 Aug 2023

4.0

for Salary and Benefits

Likes

I like tvs motor company, good salary, safety environment, food and transportation speciality is good.

Salary - Good

+2 more

Dislikes

I worked as a neem trainee in BMW paint shop department for three years. After that I wanted to work but I didn't get that chance

Skill development - Bad

+1 more

Production Engineer in Hosur

Research & Development Department

5.0

• posted on 15 Dec 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary bike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not new joiners.

Quality Engineer in Bangalore / Bengaluru

Quality Assurance Department

5.0

• posted on 15 Sep 2021

4.0

for Salary and Benefits

Likes

...rtive and the management is trasparent. There is a small cafeteria for chilling. Company policies are good, appraisals are fair and they give good salary and bonus every year

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't adress our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign.

Mechanical Engineer in Chennai

Turbine shaft Department

4.0

• posted on 16 Feb 2021

3.0

for Salary and Benefits

Likes

...e and no responsibility and behaviour. Oneand only full preference employees... We are working salary low, work high.. food and other preference are not for ours...

Dislikes

Very worst company TVS SFL hosur

Job security - Bad

+3 more

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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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TVS Motor new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at TVS Motor in Hosur?

The average salary of a new Product Development Engineer at TVS Motor in Hosur typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of new Product Development Engineer in Hosur at TVS Motor earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. new Product Development Engineer Salaries at TVS Motor 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 9 TVS Motor employees in India.

What is the estimated take home salary of a new Product Development Engineer at TVS Motor in Hosur?

The estimated take-home salary of a new Product Development Engineer at TVS Motor in Hosur typically ranges from ₹18,324 to ₹20,012 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year 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 9 salaries received from various employees of TVS Motor. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TVS Motor for new Product Development Engineer in India?

Camtech CNC	₹5.7 Lakhs to ₹7.2 Lakhs per year
Neel Auto	₹4.0 Lakhs to ₹7.0 Lakhs per year
India Nippon Electricals	₹1.8 Lakhs to ₹6.6 Lakhs per year
Uniflex Precision Products	₹1.6 Lakhs to ₹4.5 Lakhs per year
Paracoat Products	₹2.2 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by TVS Motor, depending on the role and experience level.

How the salary growth look like for a new Product Development Engineer at TVS Motor in Hosur?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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TVS Motor new Product Development Engineer Salaries in Hosur

TVS Motor new Product Development Engineer salary in Hosur ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 TVS Motor latest salaries received from various employees of TVS Motor.