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Miltech Industries Tool Room Engineer salaries in India

Annual salary range
1 - 6 years exp.
₹2.2 Lakhs - ₹2.4 Lakhs
Salary of majority employees
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37% 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)
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₹2.2 L/yr - ₹2.6 L/yr

Research & Development
Tool Room Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹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
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₹2.2 L/yr - ₹4.4 L/yr

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Marelli Tool Room Engineer Salary

1 - 5 years exp. (4 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 8% less
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₹2.1 L/yr - ₹5 L/yr

arrow icon 69% more
1 job opening
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₹2 L/yr - ₹7.2 L/yr

arrow icon 70% more
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Varroc Group Tool Room Engineer Salary

2 - 8 years exp. (42 salaries)

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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 63% 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.

Latest annual salaries shared by Miltech Industries Tool Room Engineer

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6 years exp.
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4 years exp.
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2 years exp.
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1 year exp.

Experience wise Miltech Industries Tool Room Engineer salaries

Last Updated: 8 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
View all

Similar Designation salaries in Miltech Industries

Tool Room Incharge Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹1.15 L/yr - ₹2.65 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

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Miltech Industries Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Miltech Industries ?
The average salary of a Tool Room Engineer at Miltech Industries in India typically ranges from ₹2.2 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Tool Room Engineer at Miltech Industries earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Tool Room Engineer Salaries at Miltech Industries 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 4 Miltech Industries employees in India.
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 in India typically ranges from ₹15,902 to ₹17,548 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 4 salaries received from various employees of Miltech Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Miltech Industries for Tool Room Engineer in India?
Motherson Automotive Technologies and Engineering ₹2.0 Lakhs to ₹7.2 Lakhs per year
Shaily Engineering Plastics Ltd ₹2.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group ₹2.7 Lakhs to ₹5.1 Lakhs per year
Caparo Engineering India ₹2.2 Lakhs to ₹4.4 Lakhs per year

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

Marelli ₹1.4 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 Room Engineer at Miltech Industries in India?
The salary growth for a Tool Room Engineer at Miltech Industries depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at Miltech Industries:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.2 Lakhs per year
2 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years ₹0.9 Lakhs to ₹2.4 Lakhs per year
and so on.

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