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3.8

based on 1.4k Reviews

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TVS Sundram Fasteners Product Development Engineer salaries in Chennai

Annual salary range
0 - 18 years exp.
₹3 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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38% less than the average Product Development Engineer Salary in Auto Components Companies for 0 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
Product Development Engineer Salary
14 - 18 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Product Management
Product Development Engineer Salary
Fresher (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Production, Manufacturing & Engineering
Product Development Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 12 Jun 2024

Companies similar to TVS Sundram Fasteners for Product Development Engineer in Chennai

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TVS Sundram Fasteners Product Development Engineer Salary

0 - 18 years exp. (4 salaries)
unlock blur

₹3 L/yr - ₹6.5 L/yr

vs
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₹1.8 L/yr - ₹3.2 L/yr

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₹7.9 L/yr - ₹20.8 L/yr

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Detroit Engineered Products Product Development Engineer Salary

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₹3.5 L/yr - ₹9 L/yr

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HCLTech Product Development Engineer Salary

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₹2.6 L/yr - ₹7.1 L/yr

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Product Development Engineer salary at TVS Sundram Fasteners ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 18 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners.

Latest annual salaries shared by TVS Sundram Fasteners Product Development Engineer in Chennai

6mo ago
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1 year exp.
11mo ago
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18 years exp.
1y ago
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14 years exp.

Experience wise TVS Sundram Fasteners Product Development Engineer salaries in Chennai

Last Updated: 12 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
14 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
15+ years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in TVS Sundram Fasteners

Production Engineer Salary
(122 salaries)
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₹1 L/yr - ₹6 L/yr
Assistant Engineer Salary
(22 salaries)
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₹2.95 L/yr - ₹5.2 L/yr
Production Manager Salary
(12 salaries)
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₹6.6 L/yr - ₹16 L/yr
Design Engineer Salary
(10 salaries)
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₹1.5 L/yr - ₹3.75 L/yr
New Product Development Engineer Salary
(6 salaries)
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₹2.05 L/yr - ₹4.8 L/yr
Development Engineer Salary
(5 salaries)
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₹3.1 L/yr - ₹6 L/yr
Product Engineer Salary
(4 salaries)
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₹3.2 L/yr - ₹3.5 L/yr
Project Engineer Salary
(3 salaries)
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₹1.6 L/yr - ₹4.8 L/yr

Salary related reviews for TVS Sundram Fasteners

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

read more

Production Engineer in Chennai

Production, Manufacturing & Engineering Department

4.0
  •  posted on 08 Jun 2022
3.0
 for  Salary and Benefits

Likes

Good learning experience my company, work culture good salary low compared to other company

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Dislikes

my salary compare to my experience based low so economically can't manage my family life so leave the my company

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Quality Engineer in Hosur

Quality Assurance Department

5.0
  •  posted on 29 Oct 2021
4.0
 for  Salary and Benefits

Likes

Good work environment and culture.company policies are good.salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.

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.

read more

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.

read more

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...

read more

Dislikes

Overall very bad company...

see more salary related reviews

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a technical project manager
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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 Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at TVS Sundram Fasteners Chennai?
Product Development Engineer salary at TVS Sundram Fasteners in Chennai ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 18 years. According to our estimates it is 38% less than the average Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners Chennai.
How does the salary of a Product Development Engineer at TVS Sundram Fasteners Chennai compare with the average salary range for this job?
The average salary of a Product Development Engineer at TVS Sundram Fasteners is 38% less than the average salary of a Product Development Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than TVS Sundram Fasteners to a Product Development Engineer in Chennai?
  • Ford Motor Product Development Engineer Salary - ₹7.9 Lakhs to ₹20.8 Lakhs per year
  • Apollo Tyres Product Development Engineer Salary - ₹6.8 Lakhs to ₹11.4 Lakhs per year
  • Detroit Engineered Products Product Development Engineer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Product Development Engineer in companies similar to TVS Sundram Fasteners in Chennai?
  • HCLTech Product Development Engineer Salary - ₹2.6 Lakhs to ₹7.1 Lakhs per year
  • Delphi TVS Product Development Engineer Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Product Development Engineer at TVS Sundram Fasteners in Chennai?
The estimated take-home salary of a Product Development Engineer at TVS Sundram Fasteners ranges between ₹36,058 per month to ₹37,282 per month in Chennai. The take-home salary calculation is based on the average TVS Sundram Fasteners Product Development Engineer salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 18 years. Check how did we calculate take home salary?
What is the notice period for Product Development Engineer at TVS Sundram Fasteners in Chennai?
According to AmbitionBox, 67% of the TVS Sundram Fasteners Product Development Engineers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

TVS Sundram Fasteners Product Development Engineer salary in Chennai ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 TVS Sundram Fasteners latest salaries received from various employees of TVS Sundram Fasteners.