Investment & Precision Castings Plant Engineer Salaries by 4 Employees

3 - 5 years exp.

₹1.9 Lakh - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% less than the average Plant Engineer Salary in Auto Components Companies for 3 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Plant Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr
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Project & Program Management Plant Engineer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 13 Mar 2023

Companies similar to Investment & Precision Castings for Plant Engineer

Company name	Avg Annual Salary	Open Jobs
CIE Automotive Plant Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹3.4 L/yr 5% more
Wheels Plant Engineer Salary 2 - 3 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 2% more
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SHV Energy Plant Engineer Salary 0 - 5 years exp. (82 salaries)	₹4.6 L/yr - ₹7 L/yr 157% more
Jaiprakash Power Ventures Plant Engineer Salary 10 - 18 years exp. (64 salaries)	₹6.6 L/yr - ₹14 L/yr 315% more
Hindustan Colas Plant Engineer Salary 0 - 9 years exp. (44 salaries)	₹5.2 L/yr - ₹7.5 L/yr 188% more

Plant Engineer salary at Investment & Precision Castings ranges between ₹1.9 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Investment & Precision Castings.

Experience wise Investment & Precision Castings Plant Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Investment & Precision Castings

Project Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.2 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

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Supervisor Salary

(7 salaries)

₹1.14 L/yr - ₹1.8 L/yr

Maintenance Supervisor Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Mechanical Maintenance Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Investment & Precision Castings Plant Engineer Salary FAQs

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

The average salary of a Plant Engineer at Investment & Precision Castings in India typically ranges from ₹1.9 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Plant Engineer at Investment & Precision Castings earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Plant 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 Plant Engineer at Investment & Precision Castings in India?

The estimated take-home salary of a Plant Engineer at Investment & Precision Castings in India typically ranges from ₹16,008 to ₹17,663 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 Plant Engineer in India?

Jaiprakash Power Ventures	₹6.6 Lakhs to ₹14.0 Lakhs per year
Hindustan Colas	₹5.2 Lakhs to ₹7.5 Lakhs per year
SHV Energy	₹4.6 Lakhs to ₹7.0 Lakhs per year
CIE Automotive	₹1.8 Lakhs to ₹3.4 Lakhs per year
Wheels	₹2.0 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.

How the salary growth look like for a Plant Engineer at Investment & Precision Castings in India?

The salary growth for a Plant Engineer at Investment & Precision Castings depends on factors such as experience, performance, and promotions. On average, a Plant Engineer can expect the following growth trajectory at Investment & Precision Castings:

Experience	Average Salary Range
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Investment & Precision Castings Plant Engineer Salaries

Investment & Precision Castings Plant Engineer salary in India ranges between ₹1.9 Lakh to ₹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.