ZF Steering Gear new Product Development Engineer Salaries by 5 Employees (Updated 2024)

1 - 10 years exp.

₹2.1 Lakhs - ₹8.6 Lakhs

Low Confidence

Salary of majority employees

23% more than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 10 years of experience

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Salaries in different departments

Procurement & Supply Chain new Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
Research & Development new Product Development Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹10 L/yr
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Product Management new Product Development Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to ZF Steering Gear for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 4% less
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 35% less
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Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 58% more
Rane (Madras) new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹6.6 L/yr 6% less
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 8% less
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 37% less
Varroc Group new Product Development Engineer Salary 0 - 12 years exp. (9 salaries)	₹2.4 L/yr - ₹7 L/yr 4% less
Varroc Polymers new Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹5 L/yr 28% less
Rane Brake Lining new Product Development Engineer Salary 5 - 8 years exp. (7 salaries)	₹2.3 L/yr - ₹5 L/yr 18% less
Texspin Bearings new Product Development Engineer Salary 1 - 11 years exp. (5 salaries)	₹1.8 L/yr - ₹4.8 L/yr 26% less
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.5 L/yr 15% less
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Global Autotech new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 34% less
Magna International new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.2 L/yr 19% less
Gestamp new Product Development Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.8 L/yr 12% less
Jayashree Polymers new Product Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr 39% less

new Product Development Engineer salary at ZF Steering Gear ranges between ₹2.1 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of ZF Steering Gear.

Experience wise ZF Steering Gear new Product Development Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹10 L/yr

View all

Similar Designation salaries in ZF Steering Gear

Product Development Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Engineer Salary

(162 salaries)

₹1.35 L/yr - ₹4.5 L/yr

Senior Design Engineer Salary

(36 salaries)

₹3.4 L/yr - ₹13 L/yr

Project Engineer Salary

(4 salaries)

₹4.7 L/yr - ₹12 L/yr

Senior Software Engineer Salary

(224 salaries)

₹7 L/yr - ₹20 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Production Manager Salary

(8 salaries)

₹9 L/yr - ₹16 L/yr

Design Engineer Salary

(51 salaries)

₹1.95 L/yr - ₹11 L/yr

Mechanical Engineer Salary

(33 salaries)

₹1.3 L/yr - ₹5.15 L/yr

Salary related reviews for ZF Steering Gear

Engineer Trainee in Pune

Full Time

Media Production & Entertainment Department

2.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

I joined this company initially. Then they gave us training for four days. Exams were conducted on whatever was taught in the training.Skill development improved greatly due to training and physical work.

Dislikes

As per the interview, the nature of the work was different in the company. The salary was very low for the work. There is no match between the job designation and the work there. One has to work standing for eight hours.No chance of sitting

Senior Production Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Jul 2023

4.0

for Salary and Benefits

Likes

Work culture is good, self skill development with working, salary packages are good as par experience.

Dislikes

No further growth opportunity, You have to handle all your work related activity , more work burdon.

Specialist in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

Market standard salary, good benefits such as helath insurance will be provided to the parents without any extra amount. OSS domain is in boom and good job security.

Dislikes

Work life balance, promotions, HR related things. Poor VPN network, very difficult to do WFH if they provide option also.

Quaity Control Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 Feb 2023

1.0

for Salary and Benefits

Likes

The company is very good. I really like its technology environment. All the things rule, regulations, discipline and also its fooding facility is good.

Dislikes

Company environment is good. But in the salary part, there is big fraud between HR NITIN AND CONTRACTOR ABHIJEET(Perfect contract) . They are the big fraud in this company. They know only how to earn money without doing any work. Shame on them. These types of people ruined the company reputation. These people only know how to eat the salary of the workers.

Junior Engineer Production in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Jan 2022

3.0

for Salary and Benefits

Likes

This company good work environment and culture good team work are supportive and the management is transparent and best knowledge of se company

Dislikes

This company career growth is average and salary is decent

see more salary related reviews

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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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ZF Steering Gear new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at ZF Steering Gear?

new Product Development Engineer salary at ZF Steering Gear in India ranges between ₹2.1 Lakhs to ₹8.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 23% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ZF Steering Gear India.

How does the salary of a new Product Development Engineer at ZF Steering Gear India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at ZF Steering Gear is 23% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than ZF Steering Gear to a new Product Development Engineer in India?

Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to ZF Steering Gear in India?

Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
Varroc Group new Product Development Engineer Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
Rane (Madras) new Product Development Engineer Salary - ₹2.1 Lakhs to ₹6.6 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
Gestamp new Product Development Engineer Salary - ₹3.9 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at ZF Steering Gear in India?

The estimated take-home salary of a new Product Development Engineer at ZF Steering Gear ranges between ₹35,969 per month to ₹37,194 per month in India. The take-home salary calculation is based on the average ZF Steering Gear new Product Development Engineer salary in India which ranges between ₹2.1 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at ZF Steering Gear?

According to AmbitionBox, 40% of the ZF Steering Gear new Product Development Engineers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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ZF Steering Gear new Product Development Engineer Salaries

ZF Steering Gear new Product Development Engineer salary in India ranges between ₹2.1 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ZF Steering Gear latest salaries received from various employees of ZF Steering Gear.

ZF Steering Gear new Product Development Engineer salaries in India

Companies similar to ZF Steering Gear for new Product Development Engineer

Latest annual salaries shared by ZF Steering Gear new Product Development Engineer

Experience wise ZF Steering Gear new Product Development Engineer salaries

Similar Designation salaries in ZF Steering Gear

Salary related reviews for ZF Steering Gear

Engineer Trainee in Pune

Senior Production Engineer in Pune

Specialist in Hyderabad / Secunderabad

Quaity Control Engineer in Pune

Junior Engineer Production in Pune

ZF Steering Gear new Product Development Engineer Salary FAQs

Tell us how to improve this page.

ZF Steering Gear new Product Development Engineer Salaries by Location