Akar Auto Industries Design Engineer Salaries by 7 Employees

4 - 8 years exp.

₹3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Design Engineer Salary in Auto Components Companies for 4 - 8 years of experience

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Last Updated: 17 May 2023

Companies similar to Akar Auto Industries for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Greaves Cotton Design Engineer Salary 0 - 6 years exp. (63 salaries)	₹2.6 L/yr - ₹5.6 L/yr 4% more
ZF Steering Gear Design Engineer Salary 1 - 7 years exp. (49 salaries)	₹2.2 L/yr - ₹12 L/yr 85% more
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Suprajit Engineering Design Engineer Salary 0 - 4 years exp. (22 salaries)	₹2.2 L/yr - ₹5.2 L/yr At par
Rotex Design Engineer Salary 2 - 6 years exp. (16 salaries)	₹2.6 L/yr - ₹4.6 L/yr 3% less
Mitsuba Sical Design Engineer Salary 1 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹6.8 L/yr 22% more
Machino Plastics Design Engineer Salary 3 - 7 years exp. (11 salaries)	₹3.6 L/yr - ₹5.4 L/yr 10% more
Duncan Engineering Design Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.7 L/yr - ₹4.8 L/yr 17% more
Shivam Autotech Design Engineer Salary 1 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹6 L/yr 14% more
Garrett - Advancing Motion Design Engineer Salary 0 - 8 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 168% more
Rane Brake Lining Design Engineer Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹2.2 L/yr 48% less
Cooper-Standard Automotive Design Engineer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 2% less
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Fiem Industries Design Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹2.6 L/yr 32% less
Precision Camshafts Design Engineer Salary 1 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.8 L/yr 16% more
ABC Bearings Design Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹11 L/yr 71% more
ARB Bearings Design Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 38% less
Indo Shell Mould Design Engineer Salary 2 - 11 years exp. (4 salaries)	₹2.1 L/yr - ₹7 L/yr 17% less
Amco Batteries Design Engineer Salary 5 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 6% more

Design Engineer salary at Akar Auto Industries ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Akar Auto Industries.

Experience wise Akar Auto Industries Design Engineer salaries

Last Updated: 17 May 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Akar Auto Industries

Senior Engineer Salary

(3 salaries)

₹2.7 L/yr - ₹6 L/yr

Piping Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Design Engineer Salary

(5 salaries)

₹2.7 L/yr - ₹5.5 L/yr

Piping Design Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Product Design Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹9.5 L/yr

Salary related reviews for Akar Auto Industries

2.5

Rated by 2 employees for salary & benefits

Department Head in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2024

1.0

for Salary and Benefits

Likes

,don't

Dislikes

Salary not on time, you will get April salary on 31 may, basic facilities not available like family Insurance, company out side from MIDC & transport not available from city, Appraisal not as per standard only 4-6 & maximum 8 percentage, this will be late 6-7 month, HR not clear all things on time of interview or joining, salary slip, joining later, increment later if you ask to HR, hi see to you like you want this Half property, appraisal also not as per your last year working, dedication, equal to all 4-6% & your relation with top management. If you job here then join the some people club, if you don't join club this will be Target you.

Salary - Bad

+6 more

Engineer in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 30 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

At the time of joining hr did not clear all the policies of company. Payment is late by the one month ( You get March payment at 1 May) Company don't have bus facilities for general shift. Canteen is available but not good you get only potato bhaji every day. You don't have any kind of insurance policy. You get only 4 To 6 % increment. increment is dely by 6-7 Months.

Salary - Bad

+6 more

Marketing Manager in Aurangabad

Marketing & Communication Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

The company provides a platform for you to contribute in multiple avenues and I suppose if you have an eagerness to learn you can learn a lot .

Skill development - Good

+2 more

Dislikes

Technology is outdated The teams do not share the same vision as the top management

Work satisfaction - Poor

+1 more

Senior Marketing Manager in Pune

Sales & Business Development Department

2.0

• posted on 14 Nov 2021

1.0

for Salary and Benefits

Likes

Nothing like as boss is good but the top management does not have any vision where to explore and how to behave with employees, they must have known that employees are always asset for company.

Dislikes

Management should learn employees are asset of company and they need to behave properly and give respect to all.

Salary - Bad

+6 more

Deputy General Manager in Aurangabad

Project & Program Management Department

1.0

• posted on 20 Apr 2022

1.0

for Salary and Benefits

Likes

Worst please to work. Never join akar tools. No job security. Poor management. Company police's not clear to employes. Violation of environment tools.

Dislikes

Lot of politics MD is taking actions without knowing truth. Is also not keeping his words.

Salary - Bad

+6 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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Akar Auto Industries Design Engineer Salary FAQs

What is the salary of Design Engineer at Akar Auto Industries ?

The average salary of a Design Engineer at Akar Auto Industries in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Design Engineer at Akar Auto Industries earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Design Engineer Salaries at Akar Auto 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 7 Akar Auto Industries employees in India.

What is the estimated take home salary of a Design Engineer at Akar Auto Industries in India?

The estimated take-home salary of a Design Engineer at Akar Auto Industries in India typically ranges from ₹27,707 to ₹29,105 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 7 salaries received from various employees of Akar Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Akar Auto Industries for Design Engineer in India?

Garrett - Advancing Motion	₹8.0 Lakhs to ₹14.0 Lakhs per year
ZF Steering Gear	₹2.2 Lakhs to ₹12.0 Lakhs per year
ABC Bearings	₹2.4 Lakhs to ₹11.0 Lakhs per year
Mitsuba Sical	₹2.4 Lakhs to ₹6.8 Lakhs per year
Duncan Engineering	₹2.7 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Akar Auto Industries in India?

The salary of a Design Engineer at companies similar to Akar Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Precision Camshafts	₹4.0 Lakhs to ₹4.8 Lakhs per year
Shivam Autotech	₹1.8 Lakhs to ₹6.0 Lakhs per year
Machino Plastics	₹3.6 Lakhs to ₹5.4 Lakhs per year
Amco Batteries	₹3.6 Lakhs to ₹4.6 Lakhs per year
Greaves Cotton	₹2.6 Lakhs to ₹5.6 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 Design Engineer at Akar Auto Industries in India?

The salary growth for a Design Engineer at Akar Auto Industries depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Akar Auto Industries:

Experience	Average Salary Range
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
7 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Akar Auto Industries Design Engineer Salaries

Akar Auto Industries Design Engineer salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Akar Auto Industries latest salaries received from various employees of Akar Auto Industries.