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Vel Castings

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3.9

based on 37 Reviews

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Vel Castings new Product Development Engineer salaries in India

Annual salary range
0 - 1 year exp.
₹0.1 Lakh - ₹0.2 Lakh
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 15 Mar 2023

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new Product Development Engineer salary at Vel Castings ranges between ₹0.1 Lakh to ₹0.2 Lakh per year for employees with less than 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Vel Castings.

Similar Designation salaries in Vel Castings

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₹3.6 L/yr - ₹4.6 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
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₹3.2 L/yr - ₹4.1 L/yr
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₹3.6 L/yr - ₹4.6 L/yr
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₹3.15 L/yr - ₹4 L/yr

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Vel Castings new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Vel Castings in India?
The salary growth for a new Product Development Engineer at Vel Castings depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Vel Castings:

Experience Average Salary Range
Fresher ₹0.1 Lakhs to ₹0.2 Lakhs per year
1 year ₹0.1 Lakhs to ₹0.2 Lakhs per year
and so on.

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Vel Castings new Product Development Engineer salary in India ranges between ₹0.1 Lakh to ₹0.2 Lakh. This is an estimate based on latest salaries received from employees of Vel Castings.