Modern Steels Lathe Machine Operator salaries in India

The average salary of a Lathe Machine Operator at Modern Steels in India typically ranges from ₹0.4 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Lathe Machine Operator at Modern Steels earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Lathe Machine Operator Salaries at Modern Steels 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 5 Modern Steels employees in India.

The estimated take-home salary of a Lathe Machine Operator at Modern Steels in India typically ranges from ₹14,202 to ₹15,701 per month. This is based on the average salary range of ₹0.4 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 4 years to 10 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 5 salaries received from various employees of Modern Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Electrosteel Casting	₹1.2 Lakhs to ₹3.6 Lakhs per year
Hmsu Rollers India	₹1.9 Lakhs to ₹3.1 Lakhs per year
Completion Oil Tools	₹2.2 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Modern Steels, depending on the role and experience level.

The salary of a Lathe Machine Operator at companies similar to Modern Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Force Motors	₹1.6 Lakhs to ₹2.2 Lakhs per year
Lal Baba Seamless Tubes	₹1.5 Lakhs to ₹1.9 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.

The salary growth for a Lathe Machine Operator at Modern Steels depends on factors such as experience, performance, and promotions. On average, a Lathe Machine Operator can expect the following growth trajectory at Modern Steels:

Experience	Average Salary Range
4 years	₹0.3 Lakhs to ₹0.4 Lakhs per year
5 years	₹0.3 Lakhs to ₹0.4 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
9 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.