VE Commercial Vehicles Design and Product Development Engineer Salaries by 4 Employees (Updated 2024)

3 - 6 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Design and Product Development Engineer Salary in Automobile Companies for 3 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Design and Product Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
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Research & Development Design and Product Development Engineer Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to VE Commercial Vehicles for Design and Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Design and Product Development Engineer Salary 8 - 17 years exp. (5 salaries)	₹7.1 L/yr - ₹9.1 L/yr 97% more
Ashok Leyland Design and Product Development Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹4.9 L/yr 11% less
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Mahindra & Mahindra Design and Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 2% less
Toyota Kirloskar Motor Design and Product Development Engineer Salary 4 - 8 years exp. (3 salaries)	₹9 L/yr - ₹13 L/yr 146% more
Ford Motor Design and Product Development Engineer Salary 5 - 18 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 163% more

Design and Product Development Engineer salary at VE Commercial Vehicles ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of VE Commercial Vehicles.

Experience wise VE Commercial Vehicles Design and Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr

Similar Designation salaries in VE Commercial Vehicles

New Product Development Engineer Salary

(3 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Product Development Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.5 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Production Engineer Salary

(60 salaries)

₹1.4 L/yr - ₹5 L/yr

Senior Design Engineer Salary

(14 salaries)

₹3.5 L/yr - ₹7.2 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹42.3 L/yr - ₹54.1 L/yr

Design Engineer Salary

(178 salaries)

₹1.5 L/yr - ₹6 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹3 L/yr

Mechanical Engineer Salary

(33 salaries)

₹1.5 L/yr - ₹5.23 L/yr

Project Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4 L/yr

Salary related reviews for VE Commercial Vehicles

Deputy Manager in Gurgaon / Gurugram

Full Time

Product Management Department

5.0

• posted on 19 Jun 2024

4.0

for Salary and Benefits

Likes

A lot of learning opportunities, friendly atmosphere, open culture where you can reach out to senior management for anything and thought leadership in the industry

Dislikes

Pay at a lower management position is low wrt industry standards and lack of extra curricular activities & outings

Deputy Manager in Pithampur

Full Time

Project & Program Management Department

3.0

• posted on 05 Dec 2023

3.0

for Salary and Benefits

Likes

Mid level person can take decision frequently of allocated work.

Dislikes

No any appropriation of completed task and no any salary band same level person having to much different range. Rotation of work not happening so person feel bored to do same work from long time.

Deputy Manager in Pithampur

Full Time

Other Department

3.0

• posted on 20 Apr 2023

2.0

for Salary and Benefits

Likes

Apart from salary being on time and there being some level of OEM exposure, there are no real positives.

Dislikes

Working late is a norm, add that to 1 hour of travel time basically you have no life left. Training is lacking and things always show up last minute.

Deputy Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Sep 2023

1.0

for Salary and Benefits

Likes

As a organisation....good

Dislikes

...or personal interest by managers. Worst in market in terms of appraisal process. You have to resign to get salary revisions. The midlevel managers are in same location for 15+ years and so they run their own rule. HR department itself has least retention...so you can understand the employee satisfaction.

Deputy Manager in Indore

Full Time

Research & Development Department

3.0

• posted on 16 May 2022

2.0

for Salary and Benefits

Likes

...earn about complete vehicle development process. For self learning is very good. Salary hike and compensation is not very good

Dislikes

All ok. Best for few years

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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VE Commercial Vehicles Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at VE Commercial Vehicles?

Design and Product Development Engineer salary at VE Commercial Vehicles in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for experience between 3 years to 6 years. According to our estimates it is 25% less than the average Design and Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of VE Commercial Vehicles India.

How does the salary of a Design and Product Development Engineer at VE Commercial Vehicles India compare with the average salary range for this job?

The average salary of a Design and Product Development Engineer at VE Commercial Vehicles is 25% less than the average salary of a Design and Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than VE Commercial Vehicles to a Design and Product Development Engineer in India?

Ford Motor Design and Product Development Engineer Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Toyota Kirloskar Motor Design and Product Development Engineer Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
Tata Motors Design and Product Development Engineer Salary - ₹7.1 Lakhs to ₹9.1 Lakhs per year

What is the salary of a Design and Product Development Engineer in companies similar to VE Commercial Vehicles in India?

Mahindra & Mahindra Design and Product Development Engineer Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
Ashok Leyland Design and Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.9 Lakhs per year

What is the estimated take home salary of a Design and Product Development Engineer at VE Commercial Vehicles in India?

The estimated take-home salary of a Design and Product Development Engineer at VE Commercial Vehicles ranges between ₹32,002 per month to ₹33,286 per month in India. The take-home salary calculation is based on the average VE Commercial Vehicles Design and Product Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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VE Commercial Vehicles Design and Product Development Engineer Salaries

VE Commercial Vehicles Design and Product Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 VE Commercial Vehicles latest salaries received from various employees of VE Commercial Vehicles.

VE Commercial Vehicles Design and Product Development Engineer salaries in India

Companies similar to VE Commercial Vehicles for Design and Product Development Engineer

Latest annual salaries shared by VE Commercial Vehicles Design and Product Development Engineer

Experience wise VE Commercial Vehicles Design and Product Development Engineer salaries

Similar Designation salaries in VE Commercial Vehicles

Salary related reviews for VE Commercial Vehicles

Deputy Manager in Gurgaon / Gurugram

Deputy Manager in Pithampur

Deputy Manager in Pithampur

Deputy Manager in Guwahati

Deputy Manager in Indore

VE Commercial Vehicles Design and Product Development Engineer Salary FAQs

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