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Varroc Group Manager new Product Development salaries in Aurangabad (Updated 2025)

Annual salary range
13 - 18 years exp.
₹11.6 Lakhs - ₹19.7 Lakhs
Salary of majority employees
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At par with the average Manager new Product Development Salary in Auto Components Companies for 13 - 18 years of experience

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Last Updated: 4 Jan 2025

Companies similar to Varroc Group for Manager new Product Development in Aurangabad

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Varroc Group Manager new Product Development Salary

13 - 18 years exp. (5 salaries)

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₹11.6 L/yr - ₹19.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹13.5 L/yr - ₹15 L/yr

arrow icon 7% less
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₹5.9 L/yr - ₹7.5 L/yr

arrow icon 58% less
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₹11.2 L/yr - ₹12.5 L/yr

arrow icon 25% less
Manager new Product Development salary at Varroc Group ranges between ₹11.6 Lakhs to ₹19.7 Lakhs per year for employees with experience between 13 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group Manager new Product Development in Aurangabad

2mo ago
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18 years exp.
11mo ago
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17 years exp.

Experience wise Varroc Group Manager new Product Development salaries in Aurangabad

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
14 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.8 L/yr
15+ years  (3 salaries)

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₹15.5 L/yr - ₹19.7 L/yr

Similar Designation salaries in Varroc Group

R&D Engineer Salary
(12 salaries)
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₹2.15 L/yr - ₹6.5 L/yr
Design Engineer Salary
(10 salaries)
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₹1.8 L/yr - ₹6.85 L/yr
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₹4 L/yr - ₹7.65 L/yr
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₹2.2 L/yr - ₹4.4 L/yr
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₹2.88 L/yr - ₹5.88 L/yr
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₹2.5 L/yr - ₹4 L/yr
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₹5.25 L/yr - ₹7.5 L/yr
NPD Engineer Salary
(3 salaries)
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₹4 L/yr - ₹7.5 L/yr

Salary related reviews for Varroc Group

-

Rated by 1 employees for salary & benefits

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

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 29 Nov 2024

3.0
 for  Salary and Benefits

Likes

Varroc is a good employer with good work culture. Flexible work hours, on time salary, peer respect. People and management are supportive. Lots of learning across various engineering disciplines. Good interactions with plant and corporate to make experience more rewarding.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary and benefits are not at par with industries. Need more projects / order to increase job security. No international exposure for ordinary employees.

read more

Engineering - Software & QA Department

3.0
  •  posted on 27 May 2022

1.0
 for  Salary and Benefits

Likes

Management is quite approachable.

Dislikes

... Disparity during appraisal cycle 4. No importance to your mental well being 5. During COVID, some % of salary was cut off without taking any prior concern or information. And in circulated mail, it was mentioned as "Volunteer contribution"

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 07 Feb 2025

4.0
 for  Salary and Benefits

Likes

For on campus freshers the salary is good.

  • Salary - Good

Dislikes

Apart from salary everything else is pretty bad. You get put into any departments at any location at random. Doesn't matter your specialization, you'll be put into departments that are not at all relevant to you. On top of that you will be into a completely different department after one year that has no relation with the first one. So now, in your resume, you have one year experience in one field and another year experience in a completely different field and your bachelor's specialization is in a completely different field.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 26 Dec 2024

1.0
 for  Salary and Benefits

Likes

Only salary on time

Dislikes

a) 3 month unwanted notice period mandatory to serve after maneger approval for one month. Short fall days payout facility not available. b) Year end review not based on performance c) It's based on politics, bad work Culture d) Canteen facility very poor e) punch in time very strictly and it's deducted from leaves. f) Not working as job profile g) Not any training provided h) 2 time layoff by varroc in one month and no any advance information i) No based on system work

read more
  • Salary - Bad
  • +6 more
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Varroc Group Manager new Product Development Salary FAQs

What is the salary of Manager new Product Development at Varroc Group in Aurangabad?
The average salary of a Manager new Product Development at Varroc Group in Aurangabad typically ranges from ₹11.6 Lakhs to ₹19.7 Lakhs per year, depending on experience (from 13 years to 18 years).

The top 10% of Manager new Product Development in Aurangabad at Varroc Group earn more than ₹19.7 Lakhs per year, and the top 1% earn over ₹19.7 Lakhs per year. Manager new Product Development Salaries at Varroc Group 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 5 Varroc Group employees in India.
What is the estimated take home salary of a Manager new Product Development at Varroc Group in Aurangabad?
The estimated take-home salary of a Manager new Product Development at Varroc Group in Aurangabad typically ranges from ₹1,06,928 to ₹1,09,874 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹19.7 Lakhs per year for employees with experience ranging from 13 years to 18 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 5 salaries received from various employees of Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Manager new Product Development in companies similar to Varroc Group in Aurangabad?
The salary of a Manager new Product Development at companies similar to Varroc Group in Aurangabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sanjeev Auto Parts Manufacturers ₹13.5 Lakhs to ₹15.0 Lakhs per year
Greaves Cotton ₹11.2 Lakhs to ₹12.5 Lakhs per year
Abhijay Auto Parts ₹5.9 Lakhs to ₹7.5 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 Manager new Product Development at Varroc Group in Aurangabad?
The salary growth for a Manager new Product Development at Varroc Group in Aurangabad depends on factors such as experience, performance, and promotions. On average, a Manager new Product Development in Aurangabad can expect the following growth trajectory at Varroc Group:

Experience Average Salary Range
13 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
14 years ₹12.4 Lakhs to ₹15.8 Lakhs per year
15 years ₹15.5 Lakhs to ₹19.7 Lakhs per year
and so on.

Tell us how to improve this page.

Varroc Group Manager new Product Development salary in Aurangabad ranges between ₹11.6 Lakhs to ₹19.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Varroc Group latest salaries received from various employees of Varroc Group.