Investment & Precision Castings Machine Shop Engineer Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Machine Shop Engineer Salary in Auto Components Companies for 1 - 7 years of experience

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Last Updated: 29 May 2024

Companies similar to Investment & Precision Castings for Machine Shop Engineer

Company name	Avg Annual Salary	Open Jobs
CIE Automotive Machine Shop Engineer Salary 2 - 6 years exp. (7 salaries)	₹2.9 L/yr - ₹4 L/yr 56% more
L.G.Balakrishnan & Bros Machine Shop Engineer Salary 1 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹20 L/yr 282% more
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JTEKT Machine Shop Engineer Salary 2 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 28% more
Shriram Pistons & Rings Machine Shop Engineer Salary 7 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹5.3 L/yr 149% more
Sona Comstar Machine Shop Engineer Salary 2 years exp. (3 salaries)	₹1.7 L/yr - ₹2 L/yr 6% less

Machine Shop Engineer salary at Investment & Precision Castings ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Investment & Precision Castings.

Experience wise Investment & Precision Castings Machine Shop Engineer salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Investment & Precision Castings

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Junior Engineer Salary

(7 salaries)

₹2.05 L/yr - ₹5.05 L/yr

Quality Engineer Salary

(4 salaries)

₹1.32 L/yr - ₹3.2 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Project Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Supervisor Salary

(7 salaries)

₹1.14 L/yr - ₹1.8 L/yr

Production Supervisor Salary

(4 salaries)

₹1.11 L/yr - ₹3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Investment & Precision Castings Machine Shop Engineer Salary FAQs

What is the salary of Machine Shop Engineer at Investment & Precision Castings?

Machine Shop Engineer salary at Investment & Precision Castings in India ranges between ₹2.0 Lakhs to ₹2.3 Lakhs for experience between 1 years to 7 years. According to our estimates it is 42% less than the average Machine Shop Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Investment & Precision Castings India.

How does the salary of a Machine Shop Engineer at Investment & Precision Castings India compare with the average salary range for this job?

The average salary of a Machine Shop Engineer at Investment & Precision Castings is 42% less than the average salary of a Machine Shop Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Investment & Precision Castings to a Machine Shop Engineer in India?

L.G.Balakrishnan & Bros Machine Shop Engineer Salary - ₹2.8 Lakhs to ₹20.0 Lakhs per year
Shriram Pistons & Rings Machine Shop Engineer Salary - ₹4.8 Lakhs to ₹5.3 Lakhs per year
CIE Automotive Machine Shop Engineer Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
JTEKT Machine Shop Engineer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Machine Shop Engineer in companies similar to Investment & Precision Castings in India?

Sona Comstar Machine Shop Engineer Salary - ₹1.7 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Machine Shop Engineer at Investment & Precision Castings in India?

The estimated take-home salary of a Machine Shop Engineer at Investment & Precision Castings ranges between ₹14,038 per month to ₹15,523 per month in India. The take-home salary calculation is based on the average Investment & Precision Castings Machine Shop Engineer salary in India which ranges between ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Machine Shop Engineer at Investment & Precision Castings?

According to AmbitionBox, 100% of the Investment & Precision Castings Machine Shop Engineers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Investment & Precision Castings Machine Shop Engineer Salaries

Investment & Precision Castings Machine Shop Engineer salary in India ranges between ₹2 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Investment & Precision Castings latest salaries received from various employees of Investment & Precision Castings.