Miltech Industries Tool Room Engineer Salaries by 4 Employees (Updated 2024)

1 - 6 years exp.

₹2.2 Lakhs - ₹2.4 Lakhs

Salary of majority employees

36% less than the average Tool Room Engineer Salary for 1 - 6 years of experience

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Salaries in different departments

Project & Program Management Tool Room Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Research & Development Tool Room Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 8 Jul 2024

Companies similar to Miltech Industries for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Tool Room Engineer Salary 1 - 8 years exp. (8 salaries)	₹1.5 L/yr - ₹4.4 L/yr 38% more
Marelli Tool Room Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.4 L/yr - ₹2.8 L/yr 8% less
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Shaily Engineering Plastics Ltd Tool Room Engineer Salary 2 - 8 years exp. (52 salaries)	₹2.5 L/yr - ₹5.4 L/yr 63% more
Varroc Group Tool Room Engineer Salary 1 - 8 years exp. (51 salaries)	₹1.8 L/yr - ₹5.1 L/yr 58% more
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.5 L/yr 64% more

Tool Room Engineer salary at Miltech Industries ranges between ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Miltech Industries.

Experience wise Miltech Industries Tool Room Engineer salaries

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr

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Similar Designation salaries in Miltech Industries

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Quality Engineer Salary

(5 salaries)

₹1.15 L/yr - ₹2.65 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Miltech Industries Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Miltech Industries?

Tool Room Engineer salary at Miltech Industries in India ranges between ₹2.2 Lakhs to ₹2.4 Lakhs for experience between 1 years to 6 years. According to our estimates it is 36% less than the average Tool Room Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Miltech Industries India.

How does the salary of a Tool Room Engineer at Miltech Industries India compare with the average salary range for this job?

The average salary of a Tool Room Engineer at Miltech Industries is 36% less than the average salary of a Tool Room Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Miltech Industries to a Tool Room Engineer in India?

Motherson Automotive Technologies and Engineering Tool Room Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
Shaily Engineering Plastics Ltd Tool Room Engineer Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
Varroc Group Tool Room Engineer Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
Caparo Engineering India Tool Room Engineer Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year

What is the salary of a Tool Room Engineer in companies similar to Miltech Industries in India?

Marelli Tool Room Engineer Salary - ₹1.4 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Tool Room Engineer at Miltech Industries in India?

The estimated take-home salary of a Tool Room Engineer at Miltech Industries ranges between ₹15,902 per month to ₹17,548 per month in India. The take-home salary calculation is based on the average Miltech Industries Tool Room Engineer salary in India which ranges between ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Tool Room Engineer at Miltech Industries?

According to AmbitionBox, 100% of the Miltech Industries Tool Room Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Miltech Industries Tool Room Engineer Salaries

Miltech Industries Tool Room Engineer salary in India ranges between ₹2.2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Miltech Industries latest salaries received from various employees of Miltech Industries.