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Indian Tool Manufacturers Mechanical Engineer salaries in India

Annual salary range
0 - 10 years exp.
₹2 Lakhs - ₹5 Lakhs
Salary of majority employees
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16% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 0 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA
Mechanical Engineer Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Project & Program Management
Mechanical Engineer Salary
Fresher (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Research & Development
Mechanical Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 20 Nov 2023

Companies similar to Indian Tool Manufacturers for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Thermax Limited Mechanical Engineer Salary

1 - 11 years exp. (140 salaries)

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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 47% more
1 job opening
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₹2.1 L/yr - ₹9 L/yr

arrow icon 38% more
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John Deere Mechanical Engineer Salary

1 - 5 years exp. (82 salaries)

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₹1.5 L/yr - ₹4.7 L/yr

arrow icon 28% less
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TKIL Mechanical Engineer Salary

3 - 9 years exp. (78 salaries)

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₹2.5 L/yr - ₹7.4 L/yr

arrow icon 36% more
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Cummins Mechanical Engineer Salary

0 - 8 years exp. (52 salaries)

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₹1 L/yr - ₹7.2 L/yr

arrow icon 20% less
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₹1 L/yr - ₹7.3 L/yr

arrow icon 3% less
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₹1.2 L/yr - ₹5.2 L/yr

arrow icon 8% less
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₹1.5 L/yr - ₹6.2 L/yr

arrow icon 10% less
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TechnipFMC Mechanical Engineer Salary

0 - 8 years exp. (25 salaries)

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₹4.8 L/yr - ₹12 L/yr

arrow icon 115% more
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₹1.1 L/yr - ₹5.7 L/yr

arrow icon 29% less
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Timken Mechanical Engineer Salary

1 - 9 years exp. (23 salaries)

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₹1.7 L/yr - ₹5.4 L/yr

arrow icon 19% less
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Danfoss Industries Mechanical Engineer Salary

0 - 13 years exp. (16 salaries)

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₹6.7 L/yr - ₹12 L/yr

arrow icon 115% more
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Gmmco Mechanical Engineer Salary

2 - 10 years exp. (15 salaries)

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₹2.4 L/yr - ₹5.8 L/yr

arrow icon 17% more
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₹2.1 L/yr - ₹5.3 L/yr

arrow icon 5% less
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C.R.I. Pumps Mechanical Engineer Salary

0 - 9 years exp. (12 salaries)

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₹1 L/yr - ₹3.4 L/yr

arrow icon 37% less
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Caterpillar Inc Mechanical Engineer Salary

1 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 26% more
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₹1.3 L/yr - ₹8 L/yr

arrow icon 17% less
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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 30% less
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Atlas Copco Mechanical Engineer Salary

4 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹9.8 L/yr

arrow icon 82% more
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ABB Mechanical Engineer Salary

1 - 9 years exp. (7 salaries)

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₹3.5 L/yr - ₹7.4 L/yr

arrow icon 77% more
View all
Mechanical Engineer salary at Indian Tool Manufacturers ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Tool Manufacturers.

Latest annual salaries shared by Indian Tool Manufacturers Mechanical Engineer

1y ago
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10 years exp.
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8 years exp.
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1 year exp.

Experience wise Indian Tool Manufacturers Mechanical Engineer salaries

Last Updated: 20 Nov 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
8 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Indian Tool Manufacturers

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₹3.6 L/yr - ₹4.5 L/yr
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₹2.4 L/yr - ₹5.3 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Supervisor Salary
(4 salaries)
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₹2 L/yr - ₹4 L/yr

Salary related reviews for Indian Tool Manufacturers

1.0

Rated by 1 employees for salary & benefits

production Department

4.0
  •  posted on 03 Oct 2017

3.0
 for  Salary and Benefits

Likes

Manufacturing of special cutting tools like high performance drill & Taps. I love my fact that I am a part of team that markets reliable, high quality products & services. I also like the employee re hire policy here.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is high ,sometimes I have work 14 hrs.

read more
see more salary related reviews

Indian Tool Manufacturers Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Tool Manufacturers ?
The average salary of a Mechanical Engineer at Indian Tool Manufacturers in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Mechanical Engineer at Indian Tool Manufacturers earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Mechanical Engineer Salaries at Indian Tool Manufacturers 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 Indian Tool Manufacturers employees in India.
What is the estimated take home salary of a Mechanical Engineer at Indian Tool Manufacturers in India?
The estimated take-home salary of a Mechanical Engineer at Indian Tool Manufacturers in India typically ranges from ₹28,728 to ₹30,111 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 Indian Tool Manufacturers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Tool Manufacturers for Mechanical Engineer in India?
Flowserve ₹5.5 Lakhs to ₹13.0 Lakhs per year
Danfoss Industries ₹6.7 Lakhs to ₹12.0 Lakhs per year
TechnipFMC ₹4.8 Lakhs to ₹12.0 Lakhs per year
Atlas Copco ₹3.0 Lakhs to ₹9.8 Lakhs per year
ABB ₹3.5 Lakhs to ₹7.4 Lakhs per year

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

Thermax Limited ₹1.8 Lakhs to ₹9.5 Lakhs per year
Isgec Heavy Engineering ₹2.1 Lakhs to ₹9.0 Lakhs per year
TKIL ₹2.5 Lakhs to ₹7.4 Lakhs per year
Caterpillar Inc ₹2.0 Lakhs to ₹8.0 Lakhs per year
Hilti ₹3.6 Lakhs to ₹6.5 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 Mechanical Engineer at Indian Tool Manufacturers in India?
The salary growth for a Mechanical Engineer at Indian Tool Manufacturers depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Indian Tool Manufacturers:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹4.1 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.3 Lakhs per year
8 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
10 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
and so on.

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Indian Tool Manufacturers Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Tool Manufacturers latest salaries received from various employees of Indian Tool Manufacturers.