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Fastek Innovative Toolings India Tool Design Engineer salaries in India

Annual salary range
3 - 6 years exp.
₹3.6 Lakhs - ₹5.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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10% more than the average Tool Design Engineer Salary for 3 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Fastek Innovative Toolings India for Tool Design Engineer

Company name Avg Annual Salary Open Jobs
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Tech Mahindra Tool Design Engineer Salary

2 - 10 years exp. (4 salaries)

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₹4.2 L/yr - ₹13 L/yr

arrow icon 68% more
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₹2.4 L/yr - ₹3.6 L/yr

arrow icon 40% less
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₹3 L/yr - ₹8 L/yr

arrow icon 2% more
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Brakes India Tool Design Engineer Salary

0 - 5 years exp. (10 salaries)

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₹1.1 L/yr - ₹6.2 L/yr

arrow icon 51% less
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Lucas-TVS Tool Design Engineer Salary

2 - 7 years exp. (9 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 10% more
Tool Design Engineer salary at Fastek Innovative Toolings India ranges between ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Fastek Innovative Toolings India.

Latest annual salaries shared by Fastek Innovative Toolings India Tool Design Engineer

1y ago
₹5.5 Lakhs
6 years exp.
1y ago
₹3.8 Lakhs
4 years exp.
1y ago
₹3.6 Lakhs
3 years exp.

Experience wise Fastek Innovative Toolings India Tool Design Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in Fastek Innovative Toolings India

Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr
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₹2.1 L/yr - ₹5.8 L/yr

Salary related reviews for Fastek Innovative Toolings India

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

3.0
  •  posted on 30 Jul 2018

3.0
 for  Salary and Benefits

Likes

fastek innovative Toolings (I) is open to innovative Tool Manufacturing Company of north India. Its works On the Field from 1995.I like the fact that i am a part of Tool design Department. we work happily In collaboration.

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  • Skill development - Excellent
  • +3 more

Dislikes

compensation is decent , but Growth is slow as compare to other tool manufacturing companies.the work Pressure is to much high.some times I have to work 11-13Hours Straight in a day .

read more
  • Company culture - Poor
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Fastek Innovative Toolings India Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Fastek Innovative Toolings India ?
The average salary of a Tool Design Engineer at Fastek Innovative Toolings India in India typically ranges from ₹3.6 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Tool Design Engineer at Fastek Innovative Toolings India earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Tool Design Engineer Salaries at Fastek Innovative Toolings India 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 Fastek Innovative Toolings India employees in India.
What is the estimated take home salary of a Tool Design Engineer at Fastek Innovative Toolings India in India?
The estimated take-home salary of a Tool Design Engineer at Fastek Innovative Toolings India in India typically ranges from ₹34,351 to ₹35,600 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 Fastek Innovative Toolings India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Fastek Innovative Toolings India for Tool Design Engineer in India?
Tech Mahindra ₹4.2 Lakhs to ₹13.0 Lakhs per year
Lucas-TVS ₹4.0 Lakhs to ₹6.5 Lakhs per year
Tata Advanced Systems ₹3.0 Lakhs to ₹8.0 Lakhs per year

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

Larsen & Toubro Limited ₹2.4 Lakhs to ₹3.6 Lakhs per year
Brakes India ₹1.1 Lakhs to ₹6.2 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 Tool Design Engineer at Fastek Innovative Toolings India in India?
The salary growth for a Tool Design Engineer at Fastek Innovative Toolings India depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Fastek Innovative Toolings India:

Experience Average Salary Range
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
6 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
and so on.

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Fastek Innovative Toolings India Tool Design Engineer salary in India ranges between ₹3.6 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Fastek Innovative Toolings India latest salaries received from various employees of Fastek Innovative Toolings India.