TVS Sensing Solutions new Product Development Engineer Salaries by 4 Employees

0 - 4 years exp.

₹2.3 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average new Product Development Engineer Salary for 0 - 4 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.8 L/yr
Engineering - Software & QA new Product Development Engineer Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Construction & Site Engineering new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 13 May 2024

Companies similar to TVS Sensing Solutions for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 37% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 40% more
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INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 26% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 4% more
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 17% more

new Product Development Engineer salary at TVS Sensing Solutions ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sensing Solutions.

Experience wise TVS Sensing Solutions new Product Development Engineer salaries

Last Updated: 13 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for TVS Sensing Solutions

Engineer Project & Development in Madurai

Full Time

Other Department

2.0

• posted on 20 Feb 2025

1.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

Dislikes

Very low salary, Poor appraisal, No technical learning, No engineering work, No infrastructure for product development, No structured system and work protocol, Only Poor attitude and ball passing people's

Salary - Bad

+4 more

Hardware Engineer And Project Engineer in Madurai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

You contact easily with top level persons. You easily get ownership and you can get and involves opportunity work all area.

Job security - Good

Dislikes

...evel management also not take care. Management not taking care employees health. Salary also very worst structure they consider reward also include our salary.

Salary - Bad

+4 more

Senior Operations Planner in Vellaripatti

Full Time

planning Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Job safety, suitable training,few people flexible to work,suitable work equipment,

Skill development - Good

+1 more

Dislikes

Very old culture,people not ready to adapt with new culture,only information sharing is everyones job,too much of informations which not need for day to day work ,need to understand the people's responsibility

Promotions - Poor

Asst. Manager-Customer Quality in Madurai

Quality Assurance Department

5.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Working atmosphere superb, Operator level good relationship, Many automation, costlier machineries, Lot of Equipments, Advanced Instruments, etc.,

Salary - Good

+6 more

Dislikes

Peoples attitude should be changed, No confidential, Not ready to current market expectations, IATF system requirements should be improved, Top level not unity.

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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 Sensing Solutions new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at TVS Sensing Solutions ?

The average salary of a new Product Development Engineer at TVS Sensing Solutions in India typically ranges from ₹2.3 Lakhs to ₹4.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of new Product Development Engineer at TVS Sensing Solutions earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. new Product Development Engineer Salaries at TVS Sensing Solutions 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 Sensing Solutions employees in India.

What is the estimated take home salary of a new Product Development Engineer at TVS Sensing Solutions in India?

The estimated take-home salary of a new Product Development Engineer at TVS Sensing Solutions in India typically ranges from ₹23,105 to ₹24,572 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 Sensing Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Seoyon E-hwa Automotive	₹3.4 Lakhs to ₹5.9 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 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 TVS Sensing Solutions, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to TVS Sensing Solutions in India?

The salary of a new Product Development Engineer at companies similar to TVS Sensing Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Caparo Engineering India

₹1.4 Lakhs to ₹3.2 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 new Product Development Engineer at TVS Sensing Solutions in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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TVS Sensing Solutions new Product Development Engineer Salaries

TVS Sensing Solutions new Product Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Sensing Solutions latest salaries received from various employees of TVS Sensing Solutions.