M-Tek Engineers Tool Development Engineer Salaries by Employees

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₹3.6 Lakhs - ₹4.6 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 4 Dec 2024

Companies similar to M-Tek Engineers for Tool Development Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Tool Development Engineer Salary 9 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 17% less
Elin Electronics Tool Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 38% more
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Pranav Vikas India Private Limited Tool Development Engineer Salary 9 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹4.7 L/yr 9% more
Mechasoft Tool Development Engineer Salary 10 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr 13% less
Alf Engineering Tool Development Engineer Salary 5 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹4.8 L/yr 4% more

Tool Development Engineer salary at M-Tek Engineers ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of M-Tek Engineers.

Similar Designation salaries in M-Tek Engineers

Development Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Design Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Mechanical Engineer Salary

(3 salaries)

₹2.8 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for M-Tek Engineers

Sales & Application Engineer in Aurangabad

Sales & Business Development Department

5.0

• posted on 17 May 2019

4.0

for Salary and Benefits

Likes

Sir, M Tech Engineers are the distributor of Widia(Kennametal)US base company. And I am working with this company near about 3 years. And I would to like about my company is its skilled trainings .

Salary - Good

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Nothing.

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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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M-Tek Engineers Tool Development Engineer Salary FAQs

How the salary growth look like for a Tool Development Engineer at M-Tek Engineers in India?

The salary growth for a Tool Development Engineer at M-Tek Engineers depends on factors such as experience, performance, and promotions. On average, a Tool Development Engineer can expect the following growth trajectory at M-Tek Engineers:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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M-Tek Engineers Tool Development Engineer Salaries

M-Tek Engineers Tool Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs. This is an estimate based on latest salaries received from employees of M-Tek Engineers.