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Venkateswara Steels

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3.8

based on 9 Reviews

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Venkateswara Steels new Product Development Engineer salaries in Coimbatore (Updated 2025)

Annual salary range
3 - 8 years exp.
₹2.9 Lakhs - ₹4.3 Lakhs
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
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Monthly In-hand Salary

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At par with the average new Product Development Engineer Salary for 3 - 8 years of experience

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Salaries in different departments

Quality Assurance
new Product Development Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.3 L/yr

Project & Program Management
new Product Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 30 Mar 2025

Companies similar to Venkateswara Steels for new Product Development Engineer in Coimbatore

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Venkateswara Steels new Product Development Engineer Salary

3 - 8 years exp. (3 salaries)
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₹2.9 L/yr - ₹4.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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L.G.Balakrishnan & Bros new Product Development Engineer Salary

1 - 8 years exp. (30 salaries)
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₹1.8 L/yr - ₹4.7 L/yr

arrow icon 6% less
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Pricol new Product Development Engineer Salary

1 - 9 years exp. (11 salaries)
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₹1.6 L/yr - ₹7 L/yr

arrow icon 40% more
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Salzer Electronics new Product Development Engineer Salary

1 - 9 years exp. (10 salaries)
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₹1.6 L/yr - ₹3.4 L/yr

arrow icon 28% less
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G Plast new Product Development Engineer Salary

4 - 9 years exp. (10 salaries)
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₹2.3 L/yr - ₹5 L/yr

arrow icon 25% more
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Rabwin Industries new Product Development Engineer Salary

0 - 6 years exp. (7 salaries)
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₹2.3 L/yr - ₹3 L/yr

arrow icon 25% less
new Product Development Engineer salary at Venkateswara Steels ranges between ₹2.9 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Venkateswara Steels.

Latest annual salaries shared by Venkateswara Steels new Product Development Engineer in Coimbatore

1w ago
₹3.2 Lakhs
8 years exp.

Experience wise Venkateswara Steels new Product Development Engineer salaries in Coimbatore

Last Updated: 30 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in Venkateswara Steels

Development Engineer Salary
(3 salaries)
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₹3.5 L/yr - ₹4 L/yr
Quality Engineer Salary
(3 salaries)
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₹2.4 L/yr - ₹2.8 L/yr

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Salary Discussions, Hike & Promotions
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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Venkateswara Steels new Product Development Engineer Salary FAQs

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

Experience Average Salary Range
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
8 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

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Venkateswara Steels new Product Development Engineer salary in Coimbatore ranges between ₹2.9 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Venkateswara Steels latest salaries received from various employees of Venkateswara Steels.