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IP Rings Production Engineer salaries in Chennai (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.8 Lakhs - ₹6 Lakhs
Salary of majority employees
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Fixed (96%)
₹3.9 Lakhs
Variable (4%)
₹0.2 Lakh
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6% more than the average Production Engineer Salary in Auto Components Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering
Production Engineer Salary
1 - 9 years exp. (29 salaries)
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₹2.8 L/yr - ₹6 L/yr

Research & Development
Production Engineer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4 L/yr

Last Updated: 12 Mar 2025

Companies similar to IP Rings for Production Engineer in Chennai

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IP Rings Production Engineer Salary

1 - 9 years exp. (36 salaries)

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₹2.8 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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UCAL Fuel Systems Production Engineer Salary

1 - 11 years exp. (17 salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹5.2 L/yr

arrow icon 12% less
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JBM Group Production Engineer Salary

0 - 6 years exp. (8 salaries)

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₹1.1 L/yr - ₹5.1 L/yr

arrow icon 11% less
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₹1.3 L/yr - ₹2.4 L/yr

arrow icon 49% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 26% less
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₹3.4 L/yr - ₹4 L/yr

arrow icon 11% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 13% less
Production Engineer salary at IP Rings ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 36 latest salaries received from various employees of IP Rings.

Latest annual salaries shared by IP Rings Production Engineer in Chennai

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Experience wise IP Rings Production Engineer salaries in Chennai

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹3.5 L/yr
4 years  (7 salaries)

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₹3 L/yr - ₹4.4 L/yr
5 years  (6 salaries)

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₹2.9 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in IP Rings

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₹5.8 L/yr - ₹6.8 L/yr
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₹2.3 L/yr - ₹7 L/yr
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₹2.3 L/yr - ₹3.5 L/yr

Salary related reviews for IP Rings

3.8

Rated by 8 employees for salary & benefits

Full Time

 · 

Finance Department

2.0
  •  posted on 26 Aug 2022

1.0
 for  Salary and Benefits

Likes

Since this is a medium size company, we can learn everything. There is opportunity for learning a lot.

  • Job security - Good

Dislikes

...pecially in Finance Management will force to serve entire 90 days notice period. Getting promotion and getting a good salary hike are once in a blue moon. If you are ready to face a worse situation in the notice period, you can join. You can never understand the performance appraisal calculation. There is no proper ERP, no supporting person available in Information systems team, only one person is handling entire IS team. Also, this company is one of the companies in the amalgamation group, we have to serve forcefully for other companies without getting any monetary benefits.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Quality Assurance Department

5.0
  •  posted on 01 Nov 2024

5.0
 for  Salary and Benefits

Likes

Culture is good. Treating all employees with respect. Technology is good.

  • Salary - Excellent
  • +5 more

Dislikes

Mr.Balachander GM gave sever harassment to young officers and forced them to resign automatically. He put the rejection tag on. OCF ok parts. Redy to Dispatch.

read more

Production, Manufacturing & Engineering Department

3.0
  •  posted on 09 Jun 2020

3.0
 for  Salary and Benefits

Likes

I intrested in maintenance job,full supported in management for any improventvand madification our plant, but that covid 19 problems more affected all of industial though more employee affected

read more
  • Work satisfaction - Good

Dislikes

I am electrical engineer my rolls assistance shift vice 3 electrcian workinng but not there are not continue in 3years in the job because there are contractors new persons getting the management Freshers i getting again training the boys so breakdown times is more comes, thant dislike points

read more

Finance & Accounting Department

4.0
  •  posted on 13 Aug 2018

1.0
 for  Salary and Benefits

Likes

The company is open to learning & accepting innovation ideas.

  • Work-life balance - Good

Dislikes

But career will be move slowly & there is no job security.couldn’t promotion easily otherwise you support to management.wellfare is very less. Poor HR & finance management.more partiallity & politics.

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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IP Rings Production Engineer Salary FAQs

What is the salary of Production Engineer at IP Rings in Chennai?
The average salary of a Production Engineer at IP Rings in Chennai typically ranges from ₹2.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Production Engineer in Chennai at IP Rings earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Production Engineer Salaries at IP Rings 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 30+ IP Rings employees in India.
What is the estimated take home salary of a Production Engineer at IP Rings in Chennai?
The estimated take-home salary of a Production Engineer at IP Rings in Chennai typically ranges from ₹29,964 to ₹31,279 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 30+ salaries received from various employees of IP Rings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IP Rings for Production Engineer in India?
UCAL Fuel Systems ₹1.0 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IP Rings, depending on the role and experience level.
What is the salary of a Production Engineer in companies similar to IP Rings in Chennai?
The salary of a Production Engineer at companies similar to IP Rings in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Suprajit Engineering ₹3.4 Lakhs to ₹4.0 Lakhs per year
JBM Group ₹1.1 Lakhs to ₹5.1 Lakhs per year
Saint Gobain Sekurit India ₹1.8 Lakhs to ₹5.2 Lakhs per year
India Nippon Electricals ₹2.8 Lakhs to ₹4.5 Lakhs per year
Madras Radiators and Pressings Limited ₹2.5 Lakhs to ₹3.5 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 Production Engineer at IP Rings in Chennai?
The salary growth for a Production Engineer at IP Rings in Chennai depends on factors such as experience, performance, and promotions. On average, a Production Engineer in Chennai can expect the following growth trajectory at IP Rings:

Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹4.4 Lakhs per year
and so on.

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IP Rings Production Engineer salary in Chennai ranges between ₹2.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 IP Rings latest salaries received from various employees of IP Rings.