M.G INDUSTRIES Gwalior Salaries by 10+ Employees (Updated 2025)

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Executive Officer 8 - 9 years exp. · Gwalior (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Executive Engineer Mechanical 15 - 17 years exp. · Gwalior (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Production Maintenance Supervisor 15 years exp. · Gwalior (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Accounts Officer 5 years exp. · Gwalior (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Store Incharge 30 years exp. · Gwalior (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Electrical Engineer 5 years exp. · Gwalior (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Assistant Manager 11 - 14 years exp. · Gwalior (4 salaries)	₹5.5 L/yr - ₹8 L/yr
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Senior Executive 14 years exp. · Gwalior (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Manager 17 years exp. · Gwalior (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Technician 5 years exp. · Gwalior (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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Maintenance Fitter 17 years exp. · Gwalior (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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Salary Discussions, Hike & Promotions

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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Salary related reviews for M.G INDUSTRIES

2.2

Rated by 2 employees for salary & benefits

CNC Machine Operator Com Setter in Nashik

Production, Manufacturing & Engineering Department

4.0

• posted on 12 Feb 2022

3.0

for Salary and Benefits

Likes

The atmosphere in the company was good. Seniors would help if there was any difficulty in the work. From the management to the helper there was a friendly relationship. So we were very happy to work.

Skill development - Good

+1 more

Dislikes

Salary was not paid on time,

Job security - Poor

+1 more

Quality Control Inspector in Pune

TOOL ROOM Department

4.0

• posted on 17 May 2018

4.0

for Salary and Benefits

Likes

...ion with customers.All projects are giving me an enhance my knowledge and skill. Salary is an intermediate. I get to travel others company for inspection and prepare some part by necessary machines. Work environment is good.

Salary - Good

+4 more

Dislikes

...k pressure is very high. Sometimes,I have to work 12-22 hours straight in a day. The Salary increment opportunity is not there.

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Know more about M.G INDUSTRIES Gwalior

M.G INDUSTRIES Salary FAQs

How much does M.G INDUSTRIES pay to its employees?

The average annual salary at M.G INDUSTRIES varies depending on the role, experience, and location. The salary ranges for some popular designations at M.G INDUSTRIES, are as follows:

Executive Officer	₹2.4 Lakhs to ₹3 Lakhs per year
Executive Engineer Mechanical	₹3.6 Lakhs to ₹4.6 Lakhs per year
Production Maintenance Supervisor	₹3.8 Lakhs to ₹4.8 Lakhs per year
Accounts Officer	₹2.2 Lakhs to ₹2.8 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4 Lakhs to ₹8 Lakhs per year. The top 10% of employees earn more than ₹8 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Salaries at M.G INDUSTRIES 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 salary estimates are based on data from 16 salaries submitted by M.G INDUSTRIES employees. M.G INDUSTRIES is rated 2.2 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in M.G INDUSTRIES , Gwalior is INR . Salary estimates are based on 10+ M.G INDUSTRIES latest salaries received from various employees of M.G INDUSTRIES.