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Mastercraft Engineers Tool Maker salaries in India (Updated 2025)

Annual salary range
1 - 4 years exp.
₹1.8 Lakh - ₹4.1 Lakhs
Salary of majority employees
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38% less than the average Tool Maker Salary in Engineering & Construction Companies for 1 - 4 years of experience

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Last Updated: 9 Feb 2025

Companies similar to Mastercraft Engineers for Tool Maker

Company name Avg Annual Salary Open Jobs
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Larsen & Toubro Limited Tool Maker Salary

2 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹2.8 L/yr

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₹2.2 L/yr - ₹9.7 L/yr

arrow icon 112% more
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Micro Plastics Tool Maker Salary

2 - 8 years exp. (44 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 37% more
1 job opening
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INTERPLEX Tool Maker Salary

0 - 7 years exp. (38 salaries)

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₹1.1 L/yr - ₹7.2 L/yr

arrow icon 3% more
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VASANTHA TOOL CRAFTS Tool Maker Salary

1 - 7 years exp. (36 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 4% more
Tool Maker salary at Mastercraft Engineers ranges between ₹1.8 Lakh to ₹4.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 27 latest salaries received from various employees of Mastercraft Engineers.

Latest annual salaries shared by Mastercraft Engineers Tool Maker

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Experience wise Mastercraft Engineers Tool Maker salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
2 years  (11 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (7 salaries)

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₹2.2 L/yr - ₹4.1 L/yr
4 years  (3 salaries)

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₹1.2 L/yr - ₹4 L/yr

Similar Designation salaries in Mastercraft Engineers

Tool Engineer Salary
(3 salaries)
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₹1.15 L/yr - ₹2.88 L/yr
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₹1.1 L/yr - ₹3 L/yr
Tool Room Trainee Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
VMC Operator Salary
(4 salaries)
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₹1.8 L/yr - ₹4.8 L/yr
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₹4.3 L/yr - ₹7 L/yr
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₹2.5 L/yr - ₹10 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
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₹2.4 L/yr - ₹5.5 L/yr
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₹2.8 L/yr - ₹4.1 L/yr
Tool Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

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Mastercraft Engineers Tool Maker Salary FAQs

What is the salary of Tool Maker at Mastercraft Engineers ?
The average salary of a Tool Maker at Mastercraft Engineers in India typically ranges from ₹1.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Tool Maker at Mastercraft Engineers earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Tool Maker Salaries at Mastercraft Engineers 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 20+ Mastercraft Engineers employees in India.
What is the estimated take home salary of a Tool Maker at Mastercraft Engineers in India?
The estimated take-home salary of a Tool Maker at Mastercraft Engineers in India typically ranges from ₹19,874 to ₹21,539 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 20+ salaries received from various employees of Mastercraft Engineers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mastercraft Engineers for Tool Maker in India?
Godrej & Boyce Manufacturing ₹2.2 Lakhs to ₹9.7 Lakhs per year
Micro Plastics ₹2.0 Lakhs to ₹4.8 Lakhs per year
VASANTHA TOOL CRAFTS ₹1.2 Lakhs to ₹5.0 Lakhs per year
INTERPLEX ₹1.1 Lakhs to ₹7.2 Lakhs per year

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

Larsen & Toubro Limited ₹2.0 Lakhs to ₹2.8 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 Tool Maker at Mastercraft Engineers in India?
The salary growth for a Tool Maker at Mastercraft Engineers depends on factors such as experience, performance, and promotions. On average, a Tool Maker can expect the following growth trajectory at Mastercraft Engineers:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹3.5 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹1.2 Lakhs to ₹4.0 Lakhs per year
and so on.

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Mastercraft Engineers Tool Maker salary in India ranges between ₹1.8 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Mastercraft Engineers latest salaries received from various employees of Mastercraft Engineers.