VE Commercial Vehicles Product Design Engineer Salaries by 9 Employees

1 - 6 years exp.

₹3.8 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

43% less than the average Product Design Engineer Salary in Automobile Companies for 1 - 6 years of experience

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Last Updated: 20 Feb 2024

Companies similar to VE Commercial Vehicles for Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Daimler Truck Product Design Engineer Salary 1 - 7 years exp. (56 salaries)	₹8 L/yr - ₹13.2 L/yr 135% more
Plastic Omnium Product Design Engineer Salary 3 - 7 years exp. (10 salaries)	₹4.5 L/yr - ₹7.5 L/yr 39% more
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Volvo Product Design Engineer Salary 4 - 8 years exp. (7 salaries)	₹6 L/yr - ₹13.4 L/yr 98% more
CNH Industrial Product Design Engineer Salary 2 - 10 years exp. (6 salaries)	₹6.9 L/yr - ₹18.8 L/yr 161% more
Ford Motor Product Design Engineer Salary 2 - 7 years exp. (6 salaries)	₹9 L/yr - ₹12.5 L/yr 141% more
Tata Motors Product Design Engineer Salary 1 - 5 years exp. (5 salaries)	₹4.9 L/yr - ₹6.2 L/yr 16% more
Ashok Leyland Product Design Engineer Salary 0 - 3 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 46% less
Royal Enfield Product Design Engineer Salary 1 - 13 years exp. (4 salaries)	₹4 L/yr - ₹13 L/yr 82% more
Bajaj Auto Product Design Engineer Salary 5 - 7 years exp. (4 salaries)	₹5.2 L/yr - ₹7 L/yr 29% more

Product Design Engineer salary at VE Commercial Vehicles ranges between ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of VE Commercial Vehicles.

Latest annual salaries shared by VE Commercial Vehicles Product Design Engineer

10mo ago

₹5.5 Lakhs

2 years exp.

1y ago

₹5.5 Lakhs

6 years exp.

1y ago

₹5.5 Lakhs

1 year exp.

1y ago

₹5.5 Lakhs

4 years exp.

1y ago

₹4.2 Lakhs

3 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

5 years exp.

1y ago

3 years exp.

Experience wise VE Commercial Vehicles Product Design Engineer salaries

Last Updated: 20 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
Login to view exact salary
3 years (3 salaries)	₹4.2 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

View all

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(AmbitionBox Estimate)

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Process Engineer Salary

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Design Engineer Salary

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Electrical Engineer Salary

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₹2.05 L/yr - ₹3.05 L/yr

Junior Engineer Salary

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₹1 L/yr - ₹5.55 L/yr

Lead Engineer Salary

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₹3.5 L/yr - ₹19 L/yr

Salary related reviews for VE Commercial Vehicles

3.6

Rated by 2 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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Salary Discussions, Hike & Promotions

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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VE Commercial Vehicles Product Design Engineer Salary FAQs

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

The average salary of a Product Design Engineer at VE Commercial Vehicles in India typically ranges from ₹3.8 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Product Design Engineer at VE Commercial Vehicles earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Product Design Engineer Salaries at VE Commercial Vehicles 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 9 VE Commercial Vehicles employees in India.

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

The estimated take-home salary of a Product Design Engineer at VE Commercial Vehicles in India typically ranges from ₹33,568 to ₹34,829 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 9 salaries received from various employees of VE Commercial Vehicles. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than VE Commercial Vehicles for Product Design Engineer in India?

CNH Industrial	₹6.9 Lakhs to ₹18.8 Lakhs per year
Ford Motor	₹9.0 Lakhs to ₹12.5 Lakhs per year
Daimler Truck	₹8.0 Lakhs to ₹13.2 Lakhs per year
Volvo	₹6.0 Lakhs to ₹13.4 Lakhs per year
Royal Enfield	₹4.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by VE Commercial Vehicles, depending on the role and experience level.

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

The salary of a Product Design Engineer at companies similar to VE Commercial Vehicles in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Plastic Omnium	₹4.5 Lakhs to ₹7.5 Lakhs per year
Bajaj Auto	₹5.2 Lakhs to ₹7.0 Lakhs per year
Tata Motors	₹4.9 Lakhs to ₹6.2 Lakhs per year
Ashok Leyland	₹2.1 Lakhs to ₹3.0 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 Product Design Engineer at VE Commercial Vehicles in India?

The salary growth for a Product Design Engineer at VE Commercial Vehicles depends on factors such as experience, performance, and promotions. On average, a Product Design Engineer can expect the following growth trajectory at VE Commercial Vehicles:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹5.5 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.5 Lakhs per year
3 years	₹4.2 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.8 Lakhs to ₹5.5 Lakhs per year

and so on.

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VE Commercial Vehicles Product Design Engineer Salaries

VE Commercial Vehicles Product Design Engineer salary in India ranges between ₹3.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 VE Commercial Vehicles latest salaries received from various employees of VE Commercial Vehicles.