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Fortuna Engineering

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3.5

based on 54 Reviews

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Fortuna Engineering Design & Development Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹2.4 Lakhs - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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55% less than the average Design & Development Engineer Salary in Industrial Machinery Companies for 1 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Fortuna Engineering for Design & Development Engineer

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Nidec Corporation Design & Development Engineer Salary

5 - 10 years exp. (6 salaries)
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₹5.3 L/yr - ₹7.2 L/yr

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Mann And Hummel Filter Design & Development Engineer Salary

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₹4.5 L/yr - ₹5.8 L/yr

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Western Refrigeration Design & Development Engineer Salary

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L&T Valves Design & Development Engineer Salary

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₹6.2 L/yr - ₹7 L/yr

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JNS Instruments Design & Development Engineer Salary

0 - 2 years exp. (4 salaries)
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₹2 L/yr - ₹5.5 L/yr

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Kirloskar Pneumatic Design & Development Engineer Salary

1 - 8 years exp. (3 salaries)
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₹4 L/yr - ₹6 L/yr

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Design & Development Engineer salary at Fortuna Engineering ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Fortuna Engineering.

Latest annual salaries shared by Fortuna Engineering Design & Development Engineer

1y ago
₹3 Lakhs
4 years exp.
1y ago
₹2.4 Lakhs
3 years exp.
1y ago
₹2.4 Lakhs
2 years exp.
1y ago
₹2.4 Lakhs
1 year exp.

Experience wise Fortuna Engineering Design & Development Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.1 L/yr

Similar Designation salaries in Fortuna Engineering

Design Engineer Salary
(4 salaries)
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₹1.5 L/yr - ₹3.2 L/yr
Process Engineer Salary
(3 salaries)
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₹1.8 L/yr - ₹5 L/yr
VMC Programmer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
new Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Senior Process Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Piping Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Senior Piping Engineer Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Mechanical Engg. Design Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

Salary related reviews for Fortuna Engineering

Quality Engineer in Nashik

Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 01 Apr 2023
3.0
 for  Salary and Benefits

Likes

This company is fully automobile industry where many types of connecting rod manufactured such as Tata motors, escorts,yanmar, Volvo, Mahindra, kirloskar , Eicher. Well knowledge of machining mc.cnc,vmc &spm machine. Well knowledge of all type of guages of inspection like multiguages,air plug guages,& equator. 2d guage,surface finishing tester, CMM inspection, calibration of instruments.

read more
  • Work satisfaction - Good

Dislikes

Nothing

  • Skill development - Poor
    • +2 more
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1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Fortuna Engineering Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Fortuna Engineering ?
The average salary of a Design & Development Engineer at Fortuna Engineering in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design & Development Engineer at Fortuna Engineering earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design & Development Engineer Salaries at Fortuna Engineering 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 Fortuna Engineering employees in India.
What is the estimated take home salary of a Design & Development Engineer at Fortuna Engineering in India?
The estimated take-home salary of a Design & Development Engineer at Fortuna Engineering in India typically ranges from ₹17,651 to ₹19,349 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 Fortuna Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Fortuna Engineering for Design & Development Engineer in India?
L&T Valves ₹6.2 Lakhs to ₹7.0 Lakhs per year
Nidec Corporation ₹5.3 Lakhs to ₹7.2 Lakhs per year
Kirloskar Pneumatic ₹4.0 Lakhs to ₹6.0 Lakhs per year
Mann And Hummel Filter ₹4.5 Lakhs to ₹5.8 Lakhs per year
Western Refrigeration ₹3.5 Lakhs to ₹4.5 Lakhs per year

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

JNS Instruments ₹2.0 Lakhs to ₹5.5 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 & Development Engineer at Fortuna Engineering in India?
The salary growth for a Design & Development Engineer at Fortuna Engineering depends on factors such as experience, performance, and promotions. On average, a Design & Development Engineer can expect the following growth trajectory at Fortuna Engineering:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

Fortuna Engineering Design & Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Fortuna Engineering latest salaries received from various employees of Fortuna Engineering.