MG Electric Tool Maker Salaries by Employees (Updated 2025)

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₹3.2 Lakhs - ₹4 Lakhs

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Last Updated: 19 May 2024

Companies similar to MG Electric for Tool Maker

Company name	Avg Annual Salary	Open Jobs
Micro Plastics Tool Maker Salary 2 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.3 L/yr 15% more
INTERPLEX Tool Maker Salary 0 - 6 years exp. (39 salaries)	₹1.1 L/yr - ₹4.5 L/yr 21% less
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VASANTHA TOOL CRAFTS Tool Maker Salary 1 - 7 years exp. (34 salaries)	₹1.2 L/yr - ₹4.5 L/yr 19% less
Nash Industries Tool Maker Salary 1 - 9 years exp. (33 salaries)	₹1.8 L/yr - ₹4.1 L/yr 12% less
Titan Company Tool Maker Salary 0 - 3 years exp. (28 salaries)	₹1.4 L/yr - ₹3 L/yr 45% less

Tool Maker salary at MG Electric ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of MG Electric.

Similar Designation salaries in MG Electric

Junior Quality Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Quality Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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MG Electric Tool Maker Salary FAQs

What is the notice period for Tool Maker at MG Electric?

According to AmbitionBox, 100% of the MG Electric Tool Makers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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MG Electric Tool Maker Salaries

MG Electric Tool Maker salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of MG Electric.