Venus Industrial Corporation new Product Development Engineer Salaries by 4 Employees (Updated 2025)

4 - 5 years exp.

₹2.8 Lakhs - ₹3.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 4 - 5 years of experience

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Salaries in different departments

Project & Program Management new Product Development Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.9 L/yr
Engineering - Software & QA new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Research & Development new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 1 Apr 2025

Companies similar to Venus Industrial Corporation for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Super Auto India new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 19% less
C.R.I. Pumps new Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 50% less
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Flowserve new Product Development Engineer Salary 8 - 11 years exp. (3 salaries)	₹9.4 L/yr - ₹10.5 L/yr 196% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 18% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 3% less

new Product Development Engineer salary at Venus Industrial Corporation ranges between ₹2.8 Lakhs to ₹3.9 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Venus Industrial Corporation.

Experience wise Venus Industrial Corporation new Product Development Engineer salaries

Last Updated: 1 Apr 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in Venus Industrial Corporation

Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Development Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Production Engineer Salary

(34 salaries)

₹2 L/yr - ₹4.1 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Design Engineer Salary

(4 salaries)

₹3.4 L/yr - ₹8.25 L/yr

Project Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹3.3 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Assistant Engineer Salary

(29 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Production Manager Salary

(5 salaries)

₹7.8 L/yr - ₹10.8 L/yr

Design Engineer Salary

(9 salaries)

₹1.55 L/yr - ₹5.4 L/yr

Salary related reviews for Venus Industrial Corporation

5.0

Rated by 1 employees for salary & benefits

Quality Engineer in Ludhiana

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Nov 2018

1.0

for Salary and Benefits

Likes

No security No carrer Growth Very bad staff behaviour . no transportation no ctc very low salary packages

Dislikes

no salary on time no ctc not good behaviour of gm and staff no growth low salary package .. nothing to learn

Salary - Bad

+6 more

AGM Purchase in Palwal

Procurement & Supply Chain Department

5.0

• posted on 07 May 2022

4.0

for Salary and Benefits

Likes

...nagement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

Good

Quality in Faridabad

Full Time

Finance & Accounting Department

1.0

• posted on 08 Jan 2022

1.0

for Salary and Benefits

Likes

Waste golden years of my life in this company as there is no increment from last 3 years and management is not taking care of there employees and treated them like there servents.

Dislikes

There is nothing to be liked about this company as management is so so bad and they give salary in 25 of every month

Salary - Bad

+6 more

Senior Programmer in Faridabad

Research & Development Department

1.0

• posted on 16 Sep 2021

1.0

for Salary and Benefits

Likes

Management is zero

Dislikes

...he will be able to growth in Venus group.if the person not near senior manager . The person not salary jump.and post any growth fully life in Venus group

Salary - Bad

+5 more

Senior Programmer in Palwal

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 11 May 2023

2.0

for Salary and Benefits

Likes

Only 8hour job

Dislikes

Official or personal growth is 1%. if the any worker close to hod any department ment.he is progres in VENUS group.if the person not close the any hod who man not progress in Venus group.

Salary - Poor

+3 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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Venus Industrial Corporation new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Venus Industrial Corporation ?

The average salary of a new Product Development Engineer at Venus Industrial Corporation in India typically ranges from ₹2.8 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of new Product Development Engineer at Venus Industrial Corporation earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. new Product Development Engineer Salaries at Venus Industrial Corporation 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 4 Venus Industrial Corporation employees in India.

What is the estimated take home salary of a new Product Development Engineer at Venus Industrial Corporation in India?

The estimated take-home salary of a new Product Development Engineer at Venus Industrial Corporation in India typically ranges from ₹24,897 to ₹26,338 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 4 years to 5 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 4 salaries received from various employees of Venus Industrial Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Venus Industrial Corporation for new Product Development Engineer in India?

Flowserve	₹9.4 Lakhs to ₹10.5 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a new Product Development Engineer in companies similar to Venus Industrial Corporation in India?

The salary of a new Product Development Engineer at companies similar to Venus Industrial Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Super Auto India	₹2.0 Lakhs to ₹4.2 Lakhs per year
C.R.I. Pumps	₹1.6 Lakhs to ₹2.0 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 new Product Development Engineer at Venus Industrial Corporation in India?

The salary growth for a new Product Development Engineer at Venus Industrial Corporation depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Venus Industrial Corporation:

Experience	Average Salary Range
4 years	₹2.8 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Venus Industrial Corporation new Product Development Engineer Salaries

Venus Industrial Corporation new Product Development Engineer salary in India ranges between ₹2.8 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Venus Industrial Corporation latest salaries received from various employees of Venus Industrial Corporation.

Venus Industrial Corporation new Product Development Engineer salaries in India (Updated 2025)

Companies similar to Venus Industrial Corporation for new Product Development Engineer

Latest annual salaries shared by Venus Industrial Corporation new Product Development Engineer

Experience wise Venus Industrial Corporation new Product Development Engineer salaries

Similar Designation salaries in Venus Industrial Corporation

Salary related reviews for Venus Industrial Corporation

Quality Engineer in Ludhiana

AGM Purchase in Palwal

Quality in Faridabad

Senior Programmer in Faridabad

Senior Programmer in Palwal

Venus Industrial Corporation new Product Development Engineer Salary FAQs

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