Varroc Group Pune Component Development Engineer Salaries by 3 Employees (Updated 2025)

0 - 9 years exp.

₹2.4 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% more than the average Component Development Engineer Salary in Auto Components Companies for 0 - 9 years of experience

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Salaries in different departments

Research & Development Component Development Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Procurement & Supply Chain Component Development Engineer Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 14 Feb 2025

Companies similar to Varroc Group for Component Development Engineer in Pune

Varroc Group Component Development Engineer Salary

0 - 9 years exp. (3 salaries)

₹2.4 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto Component Development Engineer Salary 1 - 9 years exp. (4 salaries)	₹4.9 L/yr - ₹21 L/yr 44% more
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Mahindra & Mahindra Component Development Engineer Salary 2 - 4 years exp. (3 salaries)	₹4.1 L/yr - ₹4.1 L/yr 43% less

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 3 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Component Development Engineer salaries in Pune

Last Updated: 14 Feb 2025

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

Similar Designation salaries in Varroc Group

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₹3 L/yr - ₹9.45 L/yr

Production Engineer Salary

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₹1.6 L/yr - ₹6.06 L/yr

Senior Design Engineer Salary

(34 salaries)

₹2.9 L/yr - ₹11.55 L/yr

Design Engineer Salary

(29 salaries)

₹2.5 L/yr - ₹10.72 L/yr

New Product Development Engineer Salary

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₹2.4 L/yr - ₹5.95 L/yr

Assistant Engineer Salary

(10 salaries)

₹2 L/yr - ₹2.8 L/yr

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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Varroc Group Component Development Engineer Salary FAQs

How the salary growth look like for a Component Development Engineer at Varroc Group in Pune?

The salary growth for a Component Development Engineer at Varroc Group in Pune depends on factors such as experience, performance, and promotions. On average, a Component Development Engineer in Pune can expect the following growth trajectory at Varroc Group:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹2.8 Lakhs per year
8 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
9 years	₹8.6 Lakhs to ₹10.9 Lakhs per year

and so on.

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Varroc Group Component Development Engineer Salaries in Pune

Varroc Group Component Development Engineer salary in Pune ranges between ₹2.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Varroc Group latest salaries received from various employees of Varroc Group.