VEPS Industries new Product Development Engineer Salaries by 3 Employees (Updated 2024)

6 - 8 years exp.

₹3 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

19% less than the average new Product Development Engineer Salary for 6 - 8 years of experience

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Last Updated: 23 Dec 2023

Companies similar to VEPS Industries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 59% more
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 185% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 90% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (73 salaries)	₹2.7 L/yr - ₹5.7 L/yr 23% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 1% more

new Product Development Engineer salary at VEPS Industries ranges between ₹3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of VEPS Industries.

Experience wise VEPS Industries new Product Development Engineer salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in VEPS Industries

Development Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Quality Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹2.52 L/yr

Junior Engineer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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VEPS Industries new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at VEPS Industries?

According to AmbitionBox, 100% of the VEPS Industries new Product Development Engineers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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VEPS Industries new Product Development Engineer Salaries

VEPS Industries new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 VEPS Industries latest salaries received from various employees of VEPS Industries.