Ukay Metal Industries new Product Development Engineer Salaries by 7 Employees

0 - 9 years exp.

₹2 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average new Product Development Engineer Salary in Metals & Mining Companies for 0 - 9 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 9 years exp. (4 salaries)	₹2.2 L/yr - ₹6 L/yr
Quality Assurance new Product Development Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
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Project & Program Management new Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.8 L/yr

Last Updated: 28 Nov 2024

Companies similar to Ukay Metal Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Neel Metal Products new Product Development Engineer Salary 1 - 5 years exp. (7 salaries)	₹2.7 L/yr - ₹4 L/yr 25% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 1% less
Login to view exact salary
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 18% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 8% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 38% less

new Product Development Engineer salary at Ukay Metal Industries ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Ukay Metal Industries.

Experience wise Ukay Metal Industries new Product Development Engineer salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

View all

Similar Designation salaries in Ukay Metal Industries

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Development Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.7 L/yr

Production Engineer Salary

(15 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Project Engineer Salary

(4 salaries)

₹1.25 L/yr - ₹3.85 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Design Engineer Salary

(10 salaries)

₹2.55 L/yr - ₹5.5 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1.45 L/yr - ₹3 L/yr

Senior Engineer Salary

(10 salaries)

₹4 L/yr - ₹5.4 L/yr

Salary related reviews for Ukay Metal Industries

3.3

Rated by 3 employees for salary & benefits

Quality Engineer in Haridwar

Quality Assurance Department

4.0

• posted on 02 Mar 2020

2.0

for Salary and Benefits

Likes

The company is a very good for providing training to the new employees. It is readily adopted latest technology, my pleasure that I am a part of a team that markets reliable, high quality products.

Skill development - Excellent

+4 more

Dislikes

This company is decent, but salary growth is slow.

Salary - Poor

Production Engineer in Nashik

Production & Quality Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

No any kind of plan for employees growth from last 5 years no any sallery increment for any employees.

Job security - Excellent

Dislikes

No any sallery increment Worst HR policy No any basic needs of employees fulfilling like as laterine.

Salary - Bad

+4 more

B Tech Mechanical Engineer in Nashik

Mechanical Engineering Department

5.0

• posted on 26 Sep 2021

4.0

for Salary and Benefits

Likes

The industrial overall environment and people are good and very punctual, while all members mostly the line workers are giving there best for the company and while I've worked as intern the maneger was so understanding and patience he answered every possible questions and provide us knowledge about different aspects too! The job security is well balanced, and the gate security is also punctual which makes place safer!

Salary - Good

+5 more

Dislikes

It's not like anything to dislike about company, although for development in career in industrial sector is slow ..but steady! And required waste management techniques for betterment which in my opinion will be helpful for industrial and commercial purpose!

Process Engineer in Nashik

NPD Department

1.0

• posted on 11 Mar 2019

1.0

for Salary and Benefits

Likes

No proper management. No employee benefits at all. No time limits. No proper workload distribution. No annual increments, No arriers. No holidays on public holidays also.. Delays in salaries, every 1.5 month time. No payments done to suppliers on time . Waste company. Not recommended at all.

Dislikes

Forced to use personal vehicles for company's use, with no petrol allowances.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Ukay Metal Industries new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Ukay Metal Industries ?

The average salary of a new Product Development Engineer at Ukay Metal Industries in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of new Product Development Engineer at Ukay Metal Industries earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. new Product Development Engineer Salaries at Ukay Metal Industries 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 7 Ukay Metal Industries employees in India.

What is the estimated take home salary of a new Product Development Engineer at Ukay Metal Industries in India?

The estimated take-home salary of a new Product Development Engineer at Ukay Metal Industries in India typically ranges from ₹29,967 to ₹31,282 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 7 salaries received from various employees of Ukay Metal Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a new Product Development Engineer in companies similar to Ukay Metal Industries in India?

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

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
Neel Metal Products	₹2.7 Lakhs to ₹4.0 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 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 Ukay Metal Industries in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Ukay Metal Industries new Product Development Engineer Salaries

Ukay Metal Industries new Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Ukay Metal Industries latest salaries received from various employees of Ukay Metal Industries.