Varroc Group Component Development Engineer Salaries by 4 Employees (Updated 2025)

0 - 9 years exp.

₹2.4 Lakhs - ₹9.5 Lakhs

Salary of majority employees

At par with the average Component Development Engineer Salary in Auto Components Companies for 0 - 9 years of experience

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Salaries in different departments

Procurement & Supply Chain Component Development Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Research & Development Component Development Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 14 Feb 2025

Companies similar to Varroc Group for Component Development Engineer

Company name	Avg Annual Salary	Open Jobs
Vivo Component Development Engineer Salary 5 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹8.5 L/yr 2% more
Mahindra & Mahindra Component Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹4.1 L/yr - ₹15 L/yr 12% more
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Bajaj Auto Component Development Engineer Salary 1 - 9 years exp. (4 salaries)	₹4.9 L/yr - ₹21 L/yr 68% more
Mercedes-Benz Research and Development India Component Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹10.1 L/yr - ₹15 L/yr 72% more	1 job opening

Component Development Engineer salary at Varroc Group ranges between ₹2.4 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Component Development Engineer salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr

Similar Designation salaries in Varroc Group

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New Product Development Engineer Salary

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₹2.4 L/yr - ₹5.95 L/yr

Development Engineer Salary

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₹5.3 L/yr - ₹10 L/yr

Senior Design Engineer Salary

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₹2.9 L/yr - ₹12 L/yr

Production Engineer Salary

(212 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6 L/yr - ₹25.5 L/yr

Senior Engineer Salary

(280 salaries)

₹2.75 L/yr - ₹9.45 L/yr

Assistant Engineer Salary

(25 salaries)

₹1.8 L/yr - ₹3.05 L/yr

Design Engineer Salary

(48 salaries)

₹1.8 L/yr - ₹10.85 L/yr

Software Engineer Salary

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₹4.2 L/yr - ₹11.35 L/yr

Salary related reviews for Varroc Group

NPD Engineer in Aurangabad

Full Time

Research & Development Department

1.0

• posted on 27 Dec 2024

3.0

for Salary and Benefits

Likes

Salary on time credit

Dislikes

1) Layoff two times in year 2024 2) Increment is not base on performance, meanwhile after resigned varroc was gave hike. 3) Culture very bad 4) No work satisfaction along with no work base on employee profile 5) Notice period 3 month mandatory and it's not negotiable 6) System not smoothly work due employee not satisfaction work culture and financial group 7) R&D HR need take appointment for meeting him 8) Canteen facility very poor

Skill development - Poor

+4 more

Junior Engineer in Pune

Quality Assurance Department

4.0

• posted on 10 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive and the management is transparent. There is daily new challenges are come and i like to solve it .

Skill development - Good

+5 more

Dislikes

Overall company is very good but salary is not dependents on talent . On the job training not given to new joinees

Development Engineer (working remotely)

Research & Development Department

2.0

• posted on 28 Sep 2022

2.0

for Salary and Benefits

Likes

Good staff and supporting managers.

Dislikes

HR policies are not good and can't expect good hike (no hike as per year's of Experience) and at the end need to switch organization due to not good increment, if you have good current package then only think to join varroc.

Salary - Poor

+1 more

Quality Engineer in Pune

Other Department

4.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

I liked my senior teammates most. They always gave a support to me and makes me strong such that I can fight with wrong things happening in company regarding quality.Their i got a free oppurtunity to learn new and do anythings and finally I'm very happy from this.

Salary - Good

+4 more

Dislikes

Actually my plant is newly so system was not very good. I'm on contract basis so observed a large differences among employee in every things like Respect , Food, less salary & to late payment. This things always hurt me and feel bad. But one things our QA supervisors are so good.

Job security - Poor

Senior Engineer in Aurangabad

Production, Manufacturing & Engineering Department

4.0

• posted on 29 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation & adopts latest technology in manufacturing every parts with world class quality.I am enterily happily working with varroc family.

Salary - Good

+5 more

Dislikes

compensation is good but growth is very slow.as compere to work load.

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Varroc Group Component Development Engineer Salary FAQs

What is the salary of Component Development Engineer at Varroc Group?

Component Development Engineer salary at Varroc Group in India ranges between ₹2.4 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 3% more than the average Component Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group India.

How does the salary of a Component Development Engineer at Varroc Group India compare with the average salary range for this job?

The average salary of a Component Development Engineer at Varroc Group is 3% more than the average salary of a Component Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Varroc Group to a Component Development Engineer in India?

Mercedes-Benz Research and Development India Component Development Engineer Salary - ₹10.1 Lakhs to ₹15.0 Lakhs per year
Bajaj Auto Component Development Engineer Salary - ₹4.9 Lakhs to ₹21.0 Lakhs per year
Mahindra & Mahindra Component Development Engineer Salary - ₹4.1 Lakhs to ₹15.0 Lakhs per year
Vivo Component Development Engineer Salary - ₹3.1 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Component Development Engineer at Varroc Group in India?

The estimated take-home salary of a Component Development Engineer at Varroc Group ranges between ₹46,400 per month to ₹47,500 per month in India. The take-home salary calculation is based on the average Varroc Group Component Development Engineer salary in India which ranges between ₹2.4 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Component Development Engineer at Varroc Group?

According to AmbitionBox, 50% of the Varroc Group Component Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Varroc Group Component Development Engineer Salaries

Varroc Group Component Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.