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TVS Motor Product Development Executive salaries in India

Annual salary range
1 - 8 years exp.
₹2.2 Lakhs - ₹3.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% less than the average Product Development Executive Salary in Automobile Companies for 1 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain
Product Development Executive Salary
1 - 8 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.8 L/yr

Research & Development
Product Development Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 7 Feb 2024

Companies similar to TVS Motor for Product Development Executive

Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹13 L/yr

arrow icon 136% more
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₹2 L/yr - ₹2.3 L/yr

arrow icon 32% less
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₹2 L/yr - ₹2.6 L/yr

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₹10 L/yr - ₹13 L/yr

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₹2.9 L/yr - ₹4.8 L/yr

arrow icon 32% more
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₹1.3 L/yr - ₹2.2 L/yr

arrow icon 42% less
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₹1.6 L/yr - ₹6 L/yr

arrow icon 28% more
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₹3 L/yr - ₹15 L/yr

arrow icon 170% more
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₹1.1 L/yr - ₹5 L/yr

arrow icon 18% more
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Honda Product Development Executive Salary

2 - 6 years exp. (3 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 115% more
Product Development Executive salary at TVS Motor ranges between ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Motor.

Latest annual salaries shared by TVS Motor Product Development Executive

11mo ago
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8 years exp.
1y ago
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1 year exp.
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1 year exp.
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2 years exp.

Experience wise TVS Motor Product Development Executive salaries

Last Updated: 7 Feb 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
View all

Similar Designation salaries in TVS Motor

Product Development Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹1.8 L/yr - ₹4.2 L/yr
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₹1.8 L/yr - ₹7.32 L/yr
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₹2 L/yr - ₹2.9 L/yr
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₹1.3 L/yr - ₹8.62 L/yr
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₹1.2 L/yr - ₹5.3 L/yr
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₹6.88 L/yr - ₹23 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
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₹8.31 L/yr - ₹8.73 L/yr
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₹1.9 L/yr - ₹5 L/yr

Salary related reviews for TVS Motor

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Rated by 1 employees for salary & benefits

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)

read more

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

read more
  • Skill development - Bad
  • +5 more

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.

read more
  • 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

read more
  • Skill development - Bad
  • +1 more

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.

read more
  • 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.

read more

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

read more
  • 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.

read more

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...

read more

Dislikes

Very worst company TVS SFL hosur

  • Job security - Bad
  • +3 more
see more salary related reviews

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TVS Motor Product Development Executive Salary FAQs

What is the salary of Product Development Executive at TVS Motor ?
The average salary of a Product Development Executive at TVS Motor in India typically ranges from ₹2.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Product Development Executive at TVS Motor earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Product Development Executive 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 4 TVS Motor employees in India.
What is the estimated take home salary of a Product Development Executive at TVS Motor in India?
The estimated take-home salary of a Product Development Executive at TVS Motor in India typically ranges from ₹22,730 to ₹24,203 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 8 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 TVS Motor. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than TVS Motor for Product Development Executive in India?
Honda Motorcycle & Scooter ₹10.0 Lakhs to ₹13.0 Lakhs per year
Ford Motor ₹3.0 Lakhs to ₹15.0 Lakhs per year
Tata Motors ₹4.5 Lakhs to ₹13.0 Lakhs per year
Honda ₹6.0 Lakhs to ₹8.0 Lakhs per year
Escorts Kubota Limited ₹2.9 Lakhs to ₹4.8 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.
What is the salary of a Product Development Executive in companies similar to TVS Motor in India?
The salary of a Product Development Executive at companies similar to TVS Motor in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Renault Nissan Technology & Business Centre India ₹1.6 Lakhs to ₹6.0 Lakhs per year
Maruti Suzuki ₹1.1 Lakhs to ₹5.0 Lakhs per year
Royal Enfield ₹2.0 Lakhs to ₹2.6 Lakhs per year
Ashok Leyland ₹2.0 Lakhs to ₹2.3 Lakhs per year
Hero MotoCorp ₹1.3 Lakhs to ₹2.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Product Development Executive at TVS Motor in India?
The salary growth for a Product Development Executive at TVS Motor depends on factors such as experience, performance, and promotions. On average, a Product Development Executive can expect the following growth trajectory at TVS Motor:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.1 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

TVS Motor Product Development Executive salary in India ranges between ₹2.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 TVS Motor latest salaries received from various employees of TVS Motor.