V-Guard Industries Product Development Engineer Salaries by 7 Employees

0 - 17 years exp.

₹3.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹6.1 Lakhs

Variable (0%)

₹0.0

23% less than the average Product Development Engineer Salary in Consumer Electronics & Appliances Companies for 0 - 17 years of experience

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Last Updated: 2 Oct 2024

Companies similar to V-Guard Industries for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Development Engineer Salary 1 - 5 years exp. (85 salaries)	₹4 L/yr - ₹14 L/yr 29% more
Whirlpool Product Development Engineer Salary 1 - 4 years exp. (7 salaries)	₹2 L/yr - ₹8 L/yr 28% less
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Bajaj Electricals Product Development Engineer Salary 1 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹10.6 L/yr 24% more
LG Electronics Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹4.3 L/yr - ₹10 L/yr 17% more
OPPO Product Development Engineer Salary 3 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5 L/yr 23% less
Voltas Product Development Engineer Salary 0 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 33% less

Product Development Engineer salary at V-Guard Industries ranges between ₹3.5 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 17 years. Salary estimates are based on 7 latest salaries received from various employees of V-Guard Industries.

Experience wise V-Guard Industries Product Development Engineer salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in V-Guard Industries

New Product Development Engineer Salary

(4 salaries)

₹10.5 L/yr - ₹12 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Production Engineer Salary

(36 salaries)

₹2.05 L/yr - ₹7.4 L/yr

Project Engineer Salary

(5 salaries)

₹4 L/yr - ₹12 L/yr

Senior Design Engineer Salary

(9 salaries)

₹7.8 L/yr - ₹12 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Assistant Engineer Salary

(46 salaries)

₹1.2 L/yr - ₹5.35 L/yr

Production Manager Salary

(9 salaries)

₹12 L/yr - ₹22.44 L/yr

Design Engineer Salary

(27 salaries)

₹2.5 L/yr - ₹8.6 L/yr

Senior Software Engineer Salary

(3 salaries)

₹8.5 L/yr - ₹13 L/yr

Top skills at V-Guard Industries for Product Development Engineer

Product Development NPD Production Engineering

Salary related reviews for V-Guard Industries

4.5

Rated by 3 employees for salary & benefits

Deputy Manager in Kochi

Full Time

Other Department

1.0

• posted on 18 Dec 2024

1.0

for Salary and Benefits

Likes

Only thing I like is no late working. Other than that there is nothing good here.

Dislikes

Lots of politics. No recognition. Very rate promotion. They deduct 15% as variable pay but never pay. Annual Salary hike only in single digits below 7%. Promotion is a dream. There are people working for 15 years without promotion. Only local people stay here as there is no career growth. They don't upgrade to use new technology but ver happy to face issues and continue to use very old methodology. If you don't co-op, you will for sure get mentally disturbed.

Salary - Bad

+6 more

Deputy Manager in Patna

Full Time

Marketing Department

5.0

• posted on 28 Oct 2022

4.0

for Salary and Benefits

Likes

V-guard company is vey good I have always enjoyed working in this company and everyone is supportive. All the products of v-guard are good and the retailer is also happy to sell these products because the product quality is well made.

Salary - Good

+5 more

Dislikes

... for paying the asked salary for people who are recruited from other companies. CTC is a mith, variable pay is included in the CTC so that no one will receive the full amount of variable pay. Employees working on similar projects will be having different pay level which even cannot be compared HR is good for nothing.

Deputy Manager in Ahmedabad

EMD Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

Welcomes and encouraging the suggestions and concerns from each level of Employees

Salary - Excellent

+6 more

Dislikes

Facing difficulty to increase / revise the salary of old staff above a normal limit. But no limitation to fix salary for newly hiring one.

Assistant Manager in Kochi

Full Time

Research & Development Department

5.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Work-life balance is perfect. The company culture is good. Knowledge gaining is good. Can learn more and more things. There is a high opportunity here.

Skill development - Good

+4 more

Dislikes

Growth in this company is too slow. Moving to the next level is negligible. Remuneration or salary paid too low, in terms of experience. Increments are poor.

Promotions - Poor

Assistant Manager in Kochi

Full Time

Marketing & Communication Department

4.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

The people around are extremely passionate and supportive. The culture is one of collaboration, trust and teamwork.

Skill development - Excellent

+5 more

Dislikes

Compensation - not upto industry standards & not performance based. Assuming two employees have the same designation and grade, increments should prioritize employees with lower base pay to compensate for the base pay.

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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V-Guard Industries Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at V-Guard Industries ?

The average salary of a Product Development Engineer at V-Guard Industries in India typically ranges from ₹3.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 17 years).

The top 10% of Product Development Engineer at V-Guard Industries earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Product Development Engineer Salaries at V-Guard 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 V-Guard Industries employees in India.

What is the estimated take home salary of a Product Development Engineer at V-Guard Industries in India?

The estimated take-home salary of a Product Development Engineer at V-Guard Industries in India typically ranges from ₹46,157 to ₹47,251 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from Fresher to 17 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 V-Guard Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Engineer at V-Guard Industries ?

To be a Product Development Engineer at V-Guard Industries in india, the key skills required include:

- Product Development
- NPD
- Production Engineering

These skills are highly valued at V-Guard Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than V-Guard Industries for Product Development Engineer in India?

HARMAN	₹4.0 Lakhs to ₹14.0 Lakhs per year
Bajaj Electricals	₹2.9 Lakhs to ₹10.6 Lakhs per year
LG Electronics	₹4.3 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by V-Guard Industries, depending on the role and experience level.

What is the salary of a Product Development Engineer in companies similar to V-Guard Industries in India?

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

OPPO	₹4.6 Lakhs to ₹5.0 Lakhs per year
Whirlpool	₹2.0 Lakhs to ₹8.0 Lakhs per year
Voltas	₹3.1 Lakhs to ₹6.0 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 Product Development Engineer at V-Guard Industries in India?

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

Experience	Average Salary Range
Fresher	₹3.4 Lakhs to ₹4.3 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.7 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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V-Guard Industries Product Development Engineer Salaries

V-Guard Industries Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 V-Guard Industries latest salaries received from various employees of V-Guard Industries.