INDO-MIM Tool Engineer Salaries by 20+ Employees

4 - 14 years exp.

₹21 Lakhs - ₹30 Lakhs

Salary of majority employees

165% more than the average Tool Engineer Salary in Metals & Mining Companies for 4 - 14 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Engineer Salary 4 - 11 years exp. (4 salaries)	₹21 L/yr - ₹21.4 L/yr
Project & Program Management Tool Engineer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹21.4 L/yr
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Healthcare & Life Sciences Tool Engineer Salary 8 - 14 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹21.4 L/yr
Research & Development Tool Engineer Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹21.4 L/yr

Last Updated: 28 Nov 2024

Companies similar to INDO-MIM for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
CIE Automotive Tool Engineer Salary 2 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 86% less
Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 72% less
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INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr 80% less
Motherson Molds And Diecasting Tool Engineer Salary 1 - 4 years exp. (17 salaries)	₹1.2 L/yr - ₹4.3 L/yr 89% less
Aditya Auto Products & Engineering Tool Engineer Salary 1 - 15 years exp. (16 salaries)	₹27 L/yr - ₹34.5 L/yr 41% more

Tool Engineer salary at INDO-MIM ranges between ₹21 Lakhs to ₹30 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 23 latest salaries received from various employees of INDO-MIM .

Experience wise INDO-MIM Tool Engineer salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹30 L/yr
5 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹30 L/yr
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6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹30 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30 L/yr
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30 L/yr
9 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹30 L/yr
13 years (4 salaries)	₹11.9 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹30 L/yr

View all

Similar Designation salaries in INDO-MIM

Senior Engineer Salary

(23 salaries)

₹5 L/yr - ₹9 L/yr

Tool Room Engineer Salary

(15 salaries)

₹2 L/yr - ₹8.3 L/yr

Junior Engineer Salary

(5 salaries)

₹2.16 L/yr - ₹4.4 L/yr

Quality Engineer Salary

(153 salaries)

₹1.3 L/yr - ₹8 L/yr

Design Engineer Salary

(116 salaries)

₹1 L/yr - ₹7 L/yr

Tool Maker Salary

(23 salaries)

₹1.4 L/yr - ₹3.3 L/yr

Tool & DIE Maker Salary

(24 salaries)

₹1.1 L/yr - ₹5 L/yr

Assistant Engineer Salary

(69 salaries)

₹1.2 L/yr - ₹4.55 L/yr

Tool Room Trainee Salary

(4 salaries)

₹1.25 L/yr - ₹1.8 L/yr

Executive Engineer Salary

(25 salaries)

₹4.2 L/yr - ₹8.3 L/yr

Salary related reviews for INDO-MIM

Rated by 1 employees for salary & benefits

Quality Engineer in Bangalore Rural

Full Time

Research & Development Department

4.0

• posted on 04 Dec 2020

4.0

for Salary and Benefits

Likes

The way they used to encourage and bringing out the skills, giving the confidence in me for the betterment for future job opportunities. The management is very good, they provide accommodation like foods, rooms, cab facility etc Work is also helped to gain the knowledge about quality, not only about quality 5s, checklists, kaizen etc

Salary - Good

+6 more

Dislikes

Salary I felt it should be more and by the time experience gets they will increase....

Design Engineer in Bangalore / Bengaluru

Research & Development Department

4.0

• posted on 21 May 2021

3.0

for Salary and Benefits

Likes

Over a very good environment to work and learn, but work life balance for lover and mid level people is very bad, and no other benifits like outings but company provides food and cab facility so over all a good company for beginners and very good company for experienced persons to settle.

Skill development - Excellent

+3 more

Dislikes

Some times we need to work over time and they doesn't pay for that nor they give leave for that and Salary wise it's good while joining but increment is not at all good.

Tool Room Engineer

Tool Room Department

5.0

• posted on 03 Jul 2018

5.0

for Salary and Benefits

Likes

The Company Was Good All Activitiesu i liked this company Andis its Karnataka in 1sta is there metal injection moulding i learned about Tool Maintenance Blueto matching , tool assembling, tool correction. in this company blue and red matching will do for tool corection and etc

Salary - Excellent

+6 more

Dislikes

salary is not good

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Personal work life balance and job security is too good

Job security - Good

+1 more

Dislikes

There is no proper work culture here, and no salary increment as per experience and talent, no encouragement for real talent. Especially no value for Designers, no one knows the value of a Designer here. Equal salary for ITI guy and also a Engineer guy, No value for qualifications. And one more very bad culture is, when someone resigned, no one will ask for stayback or nobody will ask about this situation or the problem.

Salary - Poor

+1 more

Employee Relations Executive in Dod Ballapur

Full Time

Media Production & Entertainment Department

2.0

• posted on 16 Oct 2023

1.0

for Salary and Benefits

Likes

🤐 😡 I am just working for my commitment's and it's important for my family commitment

Dislikes

Low pay 😡 Inflexible work schedules i don't like management culture Company not recognize my qualifications

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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INDO-MIM Tool Engineer Salary FAQs

What is the salary of Tool Engineer at INDO-MIM ?

The average salary of a Tool Engineer at INDO-MIM in India typically ranges from ₹21.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Tool Engineer at INDO-MIM earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Tool Engineer Salaries at INDO-MIM 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 20+ INDO-MIM employees in India.

What is the estimated take home salary of a Tool Engineer at INDO-MIM in India?

The estimated take-home salary of a Tool Engineer at INDO-MIM in India typically ranges from ₹1,38,288 to ₹1,43,404 per month. This is based on the average salary range of ₹21.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 4 years to 14 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 20+ salaries received from various employees of INDO-MIM . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than INDO-MIM for Tool Engineer in India?

Aditya Auto Products & Engineering

₹27.0 Lakhs to ₹34.5 Lakhs per year

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

What is the salary of a Tool Engineer in companies similar to INDO-MIM in India?

The salary of a Tool Engineer at companies similar to INDO-MIM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Molex	₹4.2 Lakhs to ₹9.7 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year
CIE Automotive	₹1.9 Lakhs to ₹3.6 Lakhs per year
Motherson Molds And Diecasting	₹1.2 Lakhs to ₹4.3 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 Engineer at INDO-MIM in India?

The salary growth for a Tool Engineer at INDO-MIM depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at INDO-MIM :

Experience	Average Salary Range
4 years	₹8.4 Lakhs to ₹30.0 Lakhs per year
5 years	₹8.4 Lakhs to ₹30.0 Lakhs per year
6 years	₹8.4 Lakhs to ₹30.0 Lakhs per year
7 years	₹8.5 Lakhs to ₹30.0 Lakhs per year

and so on.

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INDO-MIM Tool Engineer Salaries

INDO-MIM Tool Engineer salary in India ranges between ₹21 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 INDO-MIM latest salaries received from various employees of INDO-MIM .