Maraica Industries Tool Design Engineer Salaries by Employees

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₹0.1 Lakh - ₹0.2 Lakh

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Last Updated: 11 Mar 2023

Companies similar to Maraica Industries for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Tool Design Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 2654% more
Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 2925% more
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Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 3168% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 1353% more
Lakshmi Machine Works Tool Design Engineer Salary 4 - 9 years exp. (8 salaries)	₹5 L/yr - ₹6.6 L/yr 3656% more

Tool Design Engineer salary at Maraica Industries ranges between ₹0.1 Lakh to ₹0.2 Lakh per year for employees with less than 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Maraica Industries.

Similar Designation salaries in Maraica Industries

Design Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Salary related reviews for Maraica Industries

Quality Engineer in Chennai

Quality Department

5.0

• posted on 13 Aug 2018

4.0

for Salary and Benefits

Likes

Maraica industries, chennai is a tier 2 automotive ancillary unit industry of masters in sheet metal press components. Its a good place to learn more things in a single place as it is a medium scale industry. Here the company gives us total freedom to work at any time after shift ends and make us learn all departments in company with regular interval of internal change after gaining complete knowledge about specific departments.

Salary - Good

+4 more

Dislikes

Nothing to say bad about our organisation, as its a learning place we can't expect effcient growth there.

see more salary related reviews

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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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Maraica Industries Tool Design Engineer Salary FAQs

How the salary growth look like for a Tool Design Engineer at Maraica Industries in India?

The salary growth for a Tool Design Engineer at Maraica Industries depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Maraica Industries:

Experience	Average Salary Range
Fresher	₹0.1 Lakhs to ₹0.2 Lakhs per year

and so on.

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Maraica Industries Tool Design Engineer Salaries

Maraica Industries Tool Design Engineer salary in India ranges between ₹0.1 Lakh to ₹0.2 Lakh. This is an estimate based on latest salaries received from employees of Maraica Industries.

Maraica Industries Tool Design Engineer salaries in India