VE Commercial Vehicles new Product Development Engineer Salaries by 3 Employees (Updated 2025)

0 - 6 years exp.

₹1.2 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

43% less than the average new Product Development Engineer Salary in Automobile Companies for 0 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Research & Development new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 14 Mar 2023

Companies similar to VE Commercial Vehicles for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 28% more
Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 45% more
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Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹7.4 L/yr 145% more
Automotive Manufacturers new Product Development Engineer Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 1% more
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 294% more
Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 11% less
Bajaj Auto new Product Development Engineer Salary 8 - 21 years exp. (4 salaries)	₹6 L/yr - ₹13 L/yr 258% more
Ford Motor new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹11.1 L/yr 182% more
CNH Industrial new Product Development Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹11.5 L/yr 181% more

new Product Development Engineer salary at VE Commercial Vehicles ranges between ₹1.2 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of VE Commercial Vehicles.

Experience wise VE Commercial Vehicles new Product Development Engineer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in VE Commercial Vehicles

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

Product Engineer Salary

(AmbitionBox Estimate)

₹10.6 L/yr - ₹13.6 L/yr

Senior Design Engineer Salary

(14 salaries)

₹3.5 L/yr - ₹7.2 L/yr

Project Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹42.3 L/yr - ₹54.1 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹3 L/yr

Production Manager Salary

(7 salaries)

₹4.15 L/yr - ₹16.1 L/yr

Design Engineer Salary

(173 salaries)

₹1.8 L/yr - ₹6 L/yr

Salary related reviews for VE Commercial Vehicles

1.0

Rated by 1 employees for salary & benefits

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

Salary - Good

+6 more

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.

Job security - Good

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.

Skill development - Poor

+2 more

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.

Job security - Excellent

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.

Salary - Poor

+4 more

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

Job security - Excellent

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.

Salary - Bad

+3 more

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

Job security - Good

Dislikes

All ok. Best for few years

Salary - Poor

+2 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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VE Commercial Vehicles new Product Development Engineer Salaries

VE Commercial Vehicles new Product Development Engineer salary in India ranges between ₹1.2 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 VE Commercial Vehicles latest salaries received from various employees of VE Commercial Vehicles.

VE Commercial Vehicles new Product Development Engineer salaries in India

Companies similar to VE Commercial Vehicles for new Product Development Engineer

Latest annual salaries shared by VE Commercial Vehicles new Product Development Engineer

Experience wise VE Commercial Vehicles new 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

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