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Investment & Precision Castings Senior Design & Development Engineer salaries in India

Annual salary range
4 - 5 years exp.
₹3.6 Lakhs - ₹6.3 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.
Avg. annual salary
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Monthly In-hand Salary

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59% less than the average Senior Design & Development Engineer Salary in Auto Components Companies for 4 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Senior Design & Development Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Research & Development
Senior Design & Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹6.9 L/yr

Last Updated: 5 Sep 2023

Companies similar to Investment & Precision Castings for Senior Design & Development Engineer

Company name Avg Annual Salary Open Jobs
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₹4.2 L/yr - ₹7.5 L/yr

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₹4.5 L/yr - ₹7.3 L/yr

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₹5 L/yr - ₹5.5 L/yr

arrow icon 23% more
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₹1 L/yr - ₹8.4 L/yr

arrow icon 28% more
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₹6.4 L/yr - ₹11.3 L/yr

arrow icon 106% more
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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 24% more
Senior Design & Development Engineer salary at Investment & Precision Castings ranges between ₹3.6 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 5 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 Senior Design & Development Engineer

1y ago
₹6.3 Lakhs
5 years exp.
1y ago
₹3.6 Lakhs
5 years exp.
1y ago
₹3.6 Lakhs
4 years exp.
1y ago
₹3.6 Lakhs
5 years exp.

Experience wise Investment & Precision Castings Senior Design & Development Engineer salaries

Last Updated: 5 Sep 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years  (3 salaries)

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₹3.6 L/yr - ₹6.3 L/yr

Similar Designation salaries in Investment & Precision Castings

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₹2.4 L/yr - ₹4.2 L/yr
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₹1.9 L/yr - ₹2.7 L/yr
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₹2.4 L/yr - ₹4.6 L/yr
Calibration Engineer Salary
(AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr
Draughtsman Mechanical Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Design & Development Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

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Investment & Precision Castings Senior Design & Development Engineer Salary FAQs

What is the salary of Senior Design & Development Engineer at Investment & Precision Castings ?
The average salary of a Senior Design & Development Engineer at Investment & Precision Castings in India typically ranges from ₹3.6 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Senior Design & Development Engineer at Investment & Precision Castings earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Senior Design & Development 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 Senior Design & Development Engineer at Investment & Precision Castings in India?
The estimated take-home salary of a Senior Design & Development Engineer at Investment & Precision Castings in India typically ranges from ₹31,640 to ₹32,929 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 4 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 Senior Design & Development Engineer in India?
Tata AutoComp Systems ₹6.4 Lakhs to ₹11.3 Lakhs per year
Endurance Technologies ₹4.2 Lakhs to ₹7.5 Lakhs per year
JBM Group ₹1.0 Lakhs to ₹8.4 Lakhs per year
JTEKT ₹4.5 Lakhs to ₹7.3 Lakhs per year
Gabriel India ₹4.5 Lakhs to ₹6.2 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 Senior Design & Development Engineer in companies similar to Investment & Precision Castings in India?
The salary of a Senior Design & Development 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:

Pricol ₹5.0 Lakhs to ₹5.5 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 Senior Design & Development Engineer at Investment & Precision Castings in India?
The salary growth for a Senior Design & Development Engineer at Investment & Precision Castings depends on factors such as experience, performance, and promotions. On average, a Senior Design & Development Engineer can expect the following growth trajectory at Investment & Precision Castings:

Experience Average Salary Range
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹3.6 Lakhs to ₹6.3 Lakhs per year
and so on.

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Investment & Precision Castings Senior Design & Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹6.3 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.