India Forge & Drop Stampings Engineer Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Engineer Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Quality Assurance Engineer Salary 1 - 3 years exp. (13 salaries)	₹2.1 L/yr - ₹3.3 L/yr
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Production, Manufacturing & Engineering Engineer Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to India Forge & Drop Stampings for Engineer

Company name	Avg Annual Salary	Open Jobs
Pine Labs Engineer Salary 0 - 5 years exp. (11 salaries)	₹7.6 L/yr - ₹10.3 L/yr 252% more
Go-Jek Engineer Salary 3 - 6 years exp. (5 salaries)	₹20 L/yr - ₹30.5 L/yr 802% more
Login to view exact salary
ICE Data Services Engineer Salary 5 - 11 years exp. (5 salaries)	₹10 L/yr - ₹28 L/yr 638% more
MFXchange Holdings Engineer Salary 1 - 8 years exp. (4 salaries)	₹2.1 L/yr - ₹12 L/yr 132% more
Synchrony Engineer Salary 2 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹20 L/yr 387% more	2 job openings
TMF Group Engineer Salary 2 - 15 years exp. (3 salaries)	₹5.5 L/yr - ₹43.7 L/yr 704% more

Engineer salary at India Forge & Drop Stampings ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 16 latest salaries received from various employees of India Forge & Drop Stampings.

Latest annual salaries shared by India Forge & Drop Stampings Engineer

2d ago

₹3 Lakhs

3 years exp.

1w ago

₹3.2 Lakhs

3 years exp.

2mo ago

₹2.8 Lakhs

3 years exp.

7mo ago

₹3 Lakhs

3 years exp.

9mo ago

₹2 Lakhs

2 years exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

2 years exp.

1y ago

1 year exp.

Experience wise India Forge & Drop Stampings Engineer salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
1 year (6 salaries)	₹2 L/yr - ₹3 L/yr
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2 years (4 salaries)	₹2 L/yr - ₹3.3 L/yr
3 years (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in India Forge & Drop Stampings

Senior Engineer Salary

(12 salaries)

₹2.82 L/yr - ₹4.9 L/yr

Junior Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹2.9 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Mechanical Engineer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Production Engineer Salary

(4 salaries)

₹2.45 L/yr - ₹6.65 L/yr

Deputy Manager Salary

(5 salaries)

₹8.82 L/yr - ₹11.9 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Maintenance Manager Salary

(4 salaries)

₹6.2 L/yr - ₹8.5 L/yr

Maintenance Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for India Forge & Drop Stampings

5.0

Rated by 1 employees for salary & benefits

Assistant Manager Production Planning & Control in Faridabad

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Apr 2021

5.0

for Salary and Benefits

Likes

...here is a hug cafeteria and gaming arcade for chilling. company polici are good. appraisals are fair and they give salary hike and bonous per year

Salary - Excellent

+6 more

Mail Boy

Quality Assurance Department

4.0

• posted on 11 Aug 2018

4.0

for Salary and Benefits

Likes

The company is open to latest forge technology.

Salary - Good

+2 more

Dislikes

Compensation is decent,but growth is poor. The work pressure very high. Alternative days have to work 12-16 hours straight in a day.also there is no job,which is a pain sometimes

Work-life balance - Poor

Quality Engineer in Faridabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

If you want to work overtime every day then no one will stop you

Dislikes

There is no canteen nor breakfast is available here.Drinking water is supplied in bottles here That is why there is no drinking water at night and sometimes even during the day.Here one employee always belittles the other so that he can create a good image in front of his seniors.Quality has no value here, just production should not stop.

Salary - Bad

+5 more

Assistant Manager NPD , Quality Assurance And QMS Documentation in Faridabad

Research & Development Department

4.0

• posted on 29 Sep 2020

4.0

for Salary and Benefits

Likes

Strong Teamwork with supportive colleagues and seniors. CEO of company has good potential to lead and take the company to greatest heights

Salary - Good

+6 more

Dislikes

Right & uniform distribution of workload is missing based on capabilities.

Quality Con in Faridabad

Other Department

4.0

• posted on 15 May 2018

3.0

for Salary and Benefits

Likes

Working at India Forge is a nice learning curve with a freedom to express my knowledge and experience with the teammates so that we can achieve our respective and company goals together.

Skill development - Good

+1 more

Dislikes

Not satisfied with the appraisal and the salary

see more salary related reviews

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Top trending discussions

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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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India Forge & Drop Stampings Engineer Salary FAQs

What is the salary of Engineer at India Forge & Drop Stampings ?

The average salary of a Engineer at India Forge & Drop Stampings in India typically ranges from ₹2.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Engineer at India Forge & Drop Stampings earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Engineer Salaries at India Forge & Drop Stampings 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 10+ India Forge & Drop Stampings employees in India.

What is the estimated take home salary of a Engineer at India Forge & Drop Stampings in India?

The estimated take-home salary of a Engineer at India Forge & Drop Stampings in India typically ranges from ₹17,797 to ₹19,493 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher to 3 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 10+ salaries received from various employees of India Forge & Drop Stampings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Forge & Drop Stampings for Engineer in India?

Go-Jek	₹20.0 Lakhs to ₹30.5 Lakhs per year
TMF Group	₹5.5 Lakhs to ₹43.7 Lakhs per year
ICE Data Services	₹10.0 Lakhs to ₹28.0 Lakhs per year
Synchrony	₹4.5 Lakhs to ₹20.0 Lakhs per year
Pine Labs	₹7.6 Lakhs to ₹10.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Forge & Drop Stampings, depending on the role and experience level.

What is the salary of a Engineer in companies similar to India Forge & Drop Stampings in India?

The salary of a Engineer at companies similar to India Forge & Drop Stampings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MFXchange Holdings

₹2.1 Lakhs to ₹12.0 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 Engineer at India Forge & Drop Stampings in India?

The salary growth for a Engineer at India Forge & Drop Stampings depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at India Forge & Drop Stampings:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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India Forge & Drop Stampings Engineer Salaries

India Forge & Drop Stampings Engineer salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 India Forge & Drop Stampings latest salaries received from various employees of India Forge & Drop Stampings.