TVS Sundram Fasteners Manager new Product Development Salaries by 6 Employees (Updated 2024)

21 - 23 years exp.

₹16 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Manager new Product Development Salary in Auto Components Companies for 21 - 23 years of experience

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Salaries in different departments

Research & Development Manager new Product Development Salary 22 - 23 years exp. (3 salaries)	₹14.4 L/yr - ₹17.6 L/yr
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Sales & Business Development Manager new Product Development Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹20.5 L/yr

Last Updated: 9 Jun 2023

Companies similar to TVS Sundram Fasteners for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
Lumax Industries Manager new Product Development Salary 3 - 14 years exp. (6 salaries)	₹6 L/yr - ₹16 L/yr 35% less
CIE Automotive Manager new Product Development Salary 12 - 25 years exp. (6 salaries)	₹9.1 L/yr - ₹11.8 L/yr 39% less
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UNO Minda Manager new Product Development Salary 3 - 28 years exp. (4 salaries)	₹15 L/yr - ₹27 L/yr 25% more
Motherson Automotive Technologies and Engineering Manager new Product Development Salary 12 - 23 years exp. (4 salaries)	₹10.2 L/yr - ₹24 L/yr At par
Belrise Industries Manager new Product Development Salary 14 - 21 years exp. (3 salaries)	₹9.5 L/yr - ₹15 L/yr 32% less
JBM Group Manager new Product Development Salary 14 - 16 years exp. (3 salaries)	₹13 L/yr - ₹18 L/yr 9% less

Manager new Product Development salary at TVS Sundram Fasteners ranges between ₹16 Lakhs to ₹20.5 Lakhs per year for employees with experience between 21 years to 23 years. Salary estimates are based on 6 latest salaries received from various employees of TVS Sundram Fasteners.

Experience wise TVS Sundram Fasteners Manager new Product Development salaries

Last Updated: 9 Jun 2023

Experience	Avg Annual Salary
15+ years (6 salaries)	₹16 L/yr - ₹20.5 L/yr
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Similar Designation salaries in TVS Sundram Fasteners

Graduate Apprentice Trainee Salary

(12 salaries)

₹1.2 L/yr - ₹2.2 L/yr

Design Engineer Salary

(12 salaries)

₹1.5 L/yr - ₹3.75 L/yr

NPD Engineer Salary

(9 salaries)

₹1.98 L/yr - ₹4.2 L/yr

new Product Development Engineer Salary

(8 salaries)

₹1.7 L/yr - ₹4.8 L/yr

Assistant Manager Product Development Salary

(7 salaries)

₹5.75 L/yr - ₹9.5 L/yr

Tool Room Incharge Salary

(5 salaries)

₹1.45 L/yr - ₹3.65 L/yr

Mechanical Engg. Design Salary

(5 salaries)

₹1.05 L/yr - ₹3.15 L/yr

Assistant Manager Design & Development Salary

(4 salaries)

₹6.3 L/yr - ₹6.8 L/yr

Executive Research Development Salary

(4 salaries)

₹3.2 L/yr - ₹3.65 L/yr

Assistant Manager Tool Room Salary

(4 salaries)

₹8.3 L/yr - ₹16.5 L/yr

Salary related reviews for TVS Sundram Fasteners

Vehicle Testing Engineer in Chennai,padi

Full Time

Quality Assurance Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

It's good to work in that company u can learn something new in it and the supervisor is good he will treat you to grow up and he will encourage everyone to learn new things work culture is good

Dislikes

Salary is not enough to survive they will not provide you anything

Senior Key Account Executive in Chennai

Full Time

OE - Marketing (Key Accounts) Department

4.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

A good learning school & for those who work to the core, company supports very well. Compensation is fair enough to survive that's it we can say.

Dislikes

HR doesn't reviews the salary of a person working on a level to the new comer on the same level which causes self disgrace to the existing employment. Allowances are age old which needs to be revised to the present inflation level.

Quality Inspector in Gummidipoondi

Full Time

Quality Assurance Department

1.0

• posted on 07 Aug 2022

1.0

for Salary and Benefits

Likes

My honest review: poor infrastructure, heavy work low salary, there is no safety, very very worst food(sundram fasteners autolec division). Room to company distance upto 3KM. No transport facility..but its only learning platform.. Contract Employees behaviour very worst...worst Management.. There is no neatness of company.. Its not right place to future grow work.. Bad job security...

Dislikes

Overall very bad company...

Quality Engineer in Chennai

Full Time

Metallurgical Lab Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

It's a one of the fastest growing company in manufacturing with zero defects. I am happy to work with that.

Dislikes

Increment and bonus are not good. No incentives and benefits and also work pressure is very high

VMC Operator Vmc Line Incharge (working remotely)

Full Time

Quality Assurance Department

4.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

This company is very amazing company everyone working in this company should be good company pay high salary company environment is very All the products manufactured in this company are manufactured with high quality

Dislikes

One of the most problematic things is that they don't keep things organized in the company

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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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TVS Sundram Fasteners Manager new Product Development Salary FAQs

What is the salary of Manager new Product Development at TVS Sundram Fasteners?

Manager new Product Development salary at TVS Sundram Fasteners in India ranges between ₹16.0 Lakhs to ₹20.5 Lakhs for experience between 21 years to 23 years. According to our estimates it is 7% more than the average Manager new Product Development Salary in India. Salary estimates are based on 6 latest salaries received from various employees of TVS Sundram Fasteners India.

How does the salary of a Manager new Product Development at TVS Sundram Fasteners India compare with the average salary range for this job?

The average salary of a Manager new Product Development at TVS Sundram Fasteners is 7% more than the average salary of a Manager new Product Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than TVS Sundram Fasteners to a Manager new Product Development in India?

UNO Minda Manager new Product Development Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Motherson Automotive Technologies and Engineering Manager new Product Development Salary - ₹10.2 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Manager new Product Development in companies similar to TVS Sundram Fasteners in India?

JBM Group Manager new Product Development Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
Belrise Industries Manager new Product Development Salary - ₹9.5 Lakhs to ₹15.0 Lakhs per year
Lumax Industries Manager new Product Development Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
CIE Automotive Manager new Product Development Salary - ₹9.1 Lakhs to ₹11.8 Lakhs per year

What is the estimated take home salary of a Manager new Product Development at TVS Sundram Fasteners in India?

The estimated take-home salary of a Manager new Product Development at TVS Sundram Fasteners ranges between ₹1,17,475 per month to ₹1,20,761 per month in India. The take-home salary calculation is based on the average TVS Sundram Fasteners Manager new Product Development salary in India which ranges between ₹16.0 Lakhs to ₹20.5 Lakhs per year for employees with experience between 21 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Manager new Product Development at TVS Sundram Fasteners?

According to AmbitionBox, 67% of the TVS Sundram Fasteners Manager new Product Developments reported a notice period of 3 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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TVS Sundram Fasteners Manager new Product Development Salaries

TVS Sundram Fasteners Manager new Product Development salary in India ranges between ₹16 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 TVS Sundram Fasteners latest salaries received from various employees of TVS Sundram Fasteners.