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Ace Industries Mechanical Engg. Design salaries in India

Annual salary range
0 - 2 years exp.
₹1.8 Lakh - ₹3 Lakhs
Salary of majority employees
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Fixed (85%)
₹2.1 Lakhs
Variable (15%)
₹0.3 Lakh
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53% less than the average Mechanical Engg. Design Salary for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engg. Design Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Research & Development
Mechanical Engg. Design Salary
Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2 L/yr

Last Updated: 17 Jul 2024

Companies similar to Ace Industries for Mechanical Engg. Design

Company name Avg Annual Salary Open Jobs
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Cyient Mechanical Engg. Design Salary

1 - 8 years exp. (178 salaries)

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₹3 L/yr - ₹9.7 L/yr

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1 job opening
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Cummins Mechanical Engg. Design Salary

2 - 6 years exp. (27 salaries)

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₹2.8 L/yr - ₹9 L/yr

arrow icon 96% more
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Bajaj Auto Mechanical Engg. Design Salary

0 - 12 years exp. (21 salaries)

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₹1.3 L/yr - ₹10.8 L/yr

arrow icon 141% more
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Ashok Leyland Mechanical Engg. Design Salary

2 - 6 years exp. (14 salaries)

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₹2 L/yr - ₹5.1 L/yr

arrow icon 29% more
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John Deere Mechanical Engg. Design Salary

1 - 9 years exp. (14 salaries)

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₹2.4 L/yr - ₹10.4 L/yr

arrow icon 157% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 34% more
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TVS Motor Mechanical Engg. Design Salary

1 - 6 years exp. (12 salaries)

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₹1.5 L/yr - ₹7.9 L/yr

arrow icon 36% more
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Hero MotoCorp Mechanical Engg. Design Salary

3 - 6 years exp. (11 salaries)

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₹4 L/yr - ₹10.1 L/yr

arrow icon 186% more
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UST Mechanical Engg. Design Salary

0 - 12 years exp. (10 salaries)

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₹3.6 L/yr - ₹15.2 L/yr

arrow icon 271% more
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Tata Motors Mechanical Engg. Design Salary

0 - 6 years exp. (8 salaries)

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₹2 L/yr - ₹10.3 L/yr

arrow icon 149% more
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Ford Motor Mechanical Engg. Design Salary

1 - 5 years exp. (8 salaries)

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₹3 L/yr - ₹9.5 L/yr

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Tata Steel Mechanical Engg. Design Salary

2 - 7 years exp. (7 salaries)

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₹2.5 L/yr - ₹7 L/yr

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₹2.9 L/yr - ₹6.5 L/yr

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₹1.3 L/yr - ₹6.8 L/yr

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₹4.3 L/yr - ₹5.4 L/yr

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Havells Mechanical Engg. Design Salary

1 - 2 years exp. (5 salaries)

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₹5.8 L/yr - ₹7.9 L/yr

arrow icon 145% more
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Royal Enfield Mechanical Engg. Design Salary

1 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 27% more
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₹1.2 L/yr - ₹6 L/yr

arrow icon 79% more
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Samsung Mechanical Engg. Design Salary

1 - 8 years exp. (3 salaries)

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₹0.9 L/yr - ₹4.8 L/yr

arrow icon 20% more
Mechanical Engg. Design salary at Ace Industries ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Ace Industries.

Latest annual salaries shared by Ace Industries Mechanical Engg. Design

6mo ago
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2 years exp.
8mo ago
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1 year exp.
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6 months exp.
1y ago
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9 months exp.

Experience wise Ace Industries Mechanical Engg. Design salaries

Last Updated: 17 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in Ace Industries

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₹1.5 L/yr - ₹2.75 L/yr
Cadd Designer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Ace Industries

Quality & Production Department

4.0
  •  posted on 22 Jun 2022

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

read more
  • Skill development - Good
  • +2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

read more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 05 Mar 2023

3.0
 for  Salary and Benefits

Likes

You will get overall working experience of a company / orgnaisation. Open environment for working. You have access to all the things so one can learn anything from Shop Floor to Sales. Exhibition participation gives you chance to explore new things.

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  • Skill development - Good
  • +1 more

Dislikes

Low Wages/Salary, No Work Life Balace, Timings are bad In-Time is fixed there is late mark and pay-cut if you are late but there is no fixed out-time you have to work even after office hours and you won't get paid for the extra hours.

read more
see more salary related reviews

Ace Industries Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Ace Industries ?
The average salary of a Mechanical Engg. Design at Ace Industries in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Mechanical Engg. Design at Ace Industries earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Mechanical Engg. Design Salaries at Ace Industries 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 Ace Industries employees in India.
What is the estimated take home salary of a Mechanical Engg. Design at Ace Industries in India?
The estimated take-home salary of a Mechanical Engg. Design at Ace Industries in India typically ranges from ₹16,960 to ₹18,668 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Ace Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Ace Industries for Mechanical Engg. Design in India?
UST ₹3.6 Lakhs to ₹15.2 Lakhs per year
Hero MotoCorp ₹4.0 Lakhs to ₹10.1 Lakhs per year
Cyient ₹3.0 Lakhs to ₹9.7 Lakhs per year
John Deere ₹2.4 Lakhs to ₹10.4 Lakhs per year
Tata Motors ₹2.0 Lakhs to ₹10.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ace Industries, depending on the role and experience level.
What is the salary of a Mechanical Engg. Design in companies similar to Ace Industries in India?
The salary of a Mechanical Engg. Design at companies similar to Ace Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Havells ₹5.8 Lakhs to ₹7.9 Lakhs per year
Bajaj Auto ₹1.3 Lakhs to ₹10.8 Lakhs per year
Ford Motor ₹3.0 Lakhs to ₹9.5 Lakhs per year
Tata Steel ₹2.5 Lakhs to ₹7.0 Lakhs per year
Aarti Industries ₹4.3 Lakhs to ₹5.4 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 Mechanical Engg. Design at Ace Industries in India?
The salary growth for a Mechanical Engg. Design at Ace Industries depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Ace Industries:

Experience Average Salary Range
Fresher ₹1.7 Lakhs to ₹2.2 Lakhs per year
1 year ₹2.7 Lakhs to ₹3.4 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Ace Industries Mechanical Engg. Design salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Ace Industries latest salaries received from various employees of Ace Industries.