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Investment & Precision Castings Machine Shop Engineer salaries in India

Annual salary range
1 - 7 years exp.
₹2 Lakhs - ₹2.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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
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CIE Automotive Machine Shop Engineer Salary

2 - 6 years exp. (7 salaries)

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₹2.9 L/yr - ₹4 L/yr

arrow icon 56% more
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NBC Bearings Machine Shop Engineer Salary

2 - 6 years exp. (5 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 55% more
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₹2.8 L/yr - ₹20 L/yr

arrow icon 282% more
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JTEKT Machine Shop Engineer Salary

2 - 7 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 28% more
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₹4.8 L/yr - ₹5.3 L/yr

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Sona Comstar Machine Shop Engineer Salary

2 - 3 years exp. (3 salaries)

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₹1.7 L/yr - ₹2 L/yr

arrow icon 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.

Latest annual salaries shared by Investment & Precision Castings Machine Shop Engineer

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7 years exp.

Experience wise Investment & Precision Castings Machine Shop Engineer salaries

Last Updated: 29 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
7 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Investment & Precision Castings

Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹2.05 L/yr - ₹5.05 L/yr
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₹1.32 L/yr - ₹3.2 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹1.8 L/yr - ₹3.2 L/yr
Supervisor Salary
(7 salaries)
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₹1.14 L/yr - ₹1.8 L/yr
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₹1.11 L/yr - ₹3 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

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Investment & Precision Castings Machine Shop Engineer Salary FAQs

What is the salary of Machine Shop Engineer at Investment & Precision Castings ?
The average salary of a Machine Shop Engineer at Investment & Precision Castings in India typically ranges from ₹2.0 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Machine Shop Engineer at Investment & Precision Castings earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Machine Shop Engineer Salaries at Investment & Precision Castings 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 Investment & Precision Castings employees in India.
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 in India typically ranges from ₹14,038 to ₹15,523 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 1 year to 7 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 Investment & Precision Castings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Investment & Precision Castings for Machine Shop Engineer in India?
L.G.Balakrishnan & Bros ₹2.8 Lakhs to ₹20.0 Lakhs per year
Shriram Pistons & Rings ₹4.8 Lakhs to ₹5.3 Lakhs per year
CIE Automotive ₹2.9 Lakhs to ₹4.0 Lakhs per year
NBC Bearings ₹2.2 Lakhs to ₹4.3 Lakhs per year
JTEKT ₹2.2 Lakhs to ₹3.0 Lakhs per year

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

Sona Comstar ₹1.7 Lakhs to ₹2.0 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 Machine Shop Engineer at Investment & Precision Castings in India?
The salary growth for a Machine Shop Engineer at Investment & Precision Castings depends on factors such as experience, performance, and promotions. On average, a Machine Shop Engineer can expect the following growth trajectory at Investment & Precision Castings:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.2 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.2 Lakhs per year
7 years ₹2.1 Lakhs to ₹2.6 Lakhs per year
and so on.

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