Innovative Tech Pack Injection Molding Engineer Salaries by 4 Employees

11 - 14 years exp.

₹4.3 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Injection Molding Engineer Salary in Packaging Companies for 11 - 14 years of experience

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Last Updated: 16 Feb 2024

Companies similar to Innovative Tech Pack for Injection Molding Engineer

Company name	Avg Annual Salary	Open Jobs
Motherson Automotive Technologies and Engineering Injection Molding Engineer Salary 3 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹3.5 L/yr 31% less
Lumax Industries Injection Molding Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 48% less
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Shreeji Injection Moulding Injection Molding Engineer Salary 7 - 11 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 46% more
INDO-MIM Injection Molding Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.9 L/yr 14% less
M Tech Innovations Injection Molding Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 44% less

Injection Molding Engineer salary at Innovative Tech Pack ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Innovative Tech Pack.

Experience wise Innovative Tech Pack Injection Molding Engineer salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Innovative Tech Pack

Production Engineer Salary

(32 salaries)

₹2 L/yr - ₹7.22 L/yr

Senior Engineer Salary

(3 salaries)

₹3.55 L/yr - ₹4.5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Senior Production Engineer Salary

(3 salaries)

₹4.3 L/yr - ₹5.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Quality Engineer Salary

(5 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Junior Engineer Salary

(4 salaries)

₹3.2 L/yr - ₹4.2 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Production Manager Salary

(5 salaries)

₹4.75 L/yr - ₹7.2 L/yr

Production Incharge Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Salary related reviews for Innovative Tech Pack

Quality Control Officer in Noida

Production, Manufacturing & Engineering Department

3.0

• posted on 20 Dec 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Job security - Poor

Quality Control Officer

.. Department

4.0

• posted on 15 Mar 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

Work satisfaction - Good

Dislikes

Job security - Poor

Senior Officer (Fin. & A/C)

Finance & Accounting Department

3.0

• posted on 27 Dec 2019

1.0

for Salary and Benefits

Likes

My teammates are always unsecured about the the loss of job. Seniors always threaten for the termination. The company never gives full and final.

Dislikes

Compensation is very poor. Senior management terminates any employee without giving any reason. Seniors always abuses to juniors and penalize for each and every mistake. Staff welfare is very poor.

Salary - Bad

+6 more

Head Operations in Guwahati

Procurement & Supply Chain Department

2.0

• posted on 30 Apr 2018

3.0

for Salary and Benefits

Likes

The Company is good to adapt new changes in market and upgrade technologies accordingly. Subordinates are good. The people working in below the line are good.

Dislikes

...is clearly visible. Employees works to defend on mistakes than to learn from it. Management seeks opportunity on which they can hold any employee responsible and even goes for to deduct the salary in case if anyone happen to make mistake (This is really terrible)... Also, employer ethics is almost zero. They would do anything to prove you wrong. Even filing false police cases. The most poorly managed Human resources. you would be treated as NOKAR not as an employee...

Skill development - Bad

+4 more

Assistant Manager Commercial in Guwahati

Supply Chain Department

1.0

• posted on 31 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing is good in this organization, please do not joined, or do not spoil your career. There is no management here, the owner himself don't know how to operate a organization, most important you have zero job security.

Dislikes

The work culture is worst then anything. Nothing is good here. I tell you again do not joined or spoil your career.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Innovative Tech Pack Injection Molding Engineer Salary FAQs

What is the salary of Injection Molding Engineer at Innovative Tech Pack ?

The average salary of a Injection Molding Engineer at Innovative Tech Pack in India typically ranges from ₹4.3 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Injection Molding Engineer at Innovative Tech Pack earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Injection Molding Engineer Salaries at Innovative Tech Pack 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 Innovative Tech Pack employees in India.

What is the estimated take home salary of a Injection Molding Engineer at Innovative Tech Pack in India?

The estimated take-home salary of a Injection Molding Engineer at Innovative Tech Pack in India typically ranges from ₹35,957 to ₹37,183 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 11 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 4 salaries received from various employees of Innovative Tech Pack. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Innovative Tech Pack for Injection Molding Engineer in India?

Shreeji Injection Moulding

₹6.3 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Injection Molding Engineer in companies similar to Innovative Tech Pack in India?

The salary of a Injection Molding Engineer at companies similar to Innovative Tech Pack in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

INDO-MIM	₹2.9 Lakhs to ₹4.9 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.9 Lakhs to ₹3.5 Lakhs per year
M Tech Innovations	₹2.1 Lakhs to ₹3.5 Lakhs per year
Lumax Industries	₹2.3 Lakhs to ₹3.0 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 Injection Molding Engineer at Innovative Tech Pack in India?

The salary growth for a Injection Molding Engineer at Innovative Tech Pack depends on factors such as experience, performance, and promotions. On average, a Injection Molding Engineer can expect the following growth trajectory at Innovative Tech Pack:

Experience	Average Salary Range
11 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
12 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
13 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
14 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Innovative Tech Pack Injection Molding Engineer Salaries

Innovative Tech Pack Injection Molding Engineer salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Innovative Tech Pack latest salaries received from various employees of Innovative Tech Pack.