New Swan Multitech Ludhiana Production Engineer Salaries by 3 Employees

2 - 4 years exp.

₹2.3 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Production Engineer Salary in Industrial Machinery Companies for 2 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹4 L/yr
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Project & Program Management Production Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr

Last Updated: 29 Mar 2023

Companies similar to New Swan Multitech for Production Engineer in Ludhiana

New Swan Multitech Production Engineer Salary

2 - 4 years exp. (3 salaries)

₹2.3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Highway Industries Production Engineer Salary 1 - 8 years exp. (42 salaries)	₹2 L/yr - ₹6 L/yr 12% more
Happy Forging Production Engineer Salary 1 - 6 years exp. (31 salaries)	₹2.4 L/yr - ₹5.5 L/yr 5% more
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Hero Cycles Production Engineer Salary 1 - 4 years exp. (24 salaries)	₹2 L/yr - ₹3.8 L/yr 22% less
Ralson Tyres Limited Production Engineer Salary 2 - 9 years exp. (21 salaries)	₹2.2 L/yr - ₹5 L/yr 2% less
Rockman Industries Production Engineer Salary 1 - 7 years exp. (19 salaries)	₹2.7 L/yr - ₹5 L/yr 6% more

Production Engineer salary at New Swan Multitech ranges between ₹2.3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of New Swan Multitech.

Experience wise New Swan Multitech Production Engineer salaries in Ludhiana

Last Updated: 29 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Salary related reviews for New Swan Multitech

Quality Engineer in Raian

Quality Assurance Department

4.0

• posted on 22 Apr 2022

3.0

for Salary and Benefits

Likes

Quality staff is very nice. Documention process good. Training session is also given to everyone time to time .

Job security - Good

+2 more

Dislikes

Salary timing is not fix and proformance pay of 10 percent system is very bad and in off season of production forcefully holiday are give.

Engineer Trainee in Punjab

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisal is fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign.

Quality Assurance Engineer in Ludhiana

Full Time

Quality Assurance Department

5.0

• posted on 26 Mar 2025

5.0

for Salary and Benefits

Likes

Positive Work Environment: The company culture is consistently positive and supportive, making each day a pleasant experience. Valued Contributions: My work and contributions are always recognized and appreciated, making me feel valued. Growth Opportunities: The company provides ample opportunities for professional development and growth. Collaborative Team: I've found my colleagues to be highly collaborative and supportive, making teamwork a pleasure. Excellent Leadership: My managers are supportive and provide constructive feedback, fostering a positive work relationship. Clear Communication: Communication within the company is transparent and effective, ensuring everyone is on the same page. Work-Life Balance: The company is mindful of work-life balance, allowing for a healthy and fulfilling work experience. Innovation Encouraged: The company encourages innovation and creativity, allowing employees to contribute their ideas. Employee Recognition: The company actively recognizes and rewards employee achievements and contributions. Overall Satisfaction: I am very satisfied with my job and the company, and I am proud to be a part of this team.

Salary - Excellent

+6 more

Dislikes

HR Executive in Ludhiana

Full Time

Other Department

5.0

• posted on 05 Oct 2024

5.0

for Salary and Benefits

Likes

I have been working since Sep-2023.It is my personal experience in this organisation that gave me chance to enhance my skill and all staff member even our Executive Director Sir Mr.Barunpreet Singh Ahuja is very supportive and motivate us on every situation.I am very lucky to join this organisation.This organisation is good for career growth and much more.

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike.

Engineer, Quality Managment Representative in Ludhiana

Full Time

Engineering - Software & QA Department

2.0

• posted on 24 Nov 2023

2.0

for Salary and Benefits

Likes

Good for learning, because of training provided their are very good

Skill development - Excellent

+2 more

Dislikes

Very very Poor management, late salaries, late appraisals and even after late appraisal, no arear. management decision making is very poor. very late payments to suppliers. salaried delayed for about 15 to 20 days.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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New Swan Multitech Production Engineer Salary FAQs

How the salary growth look like for a Production Engineer at New Swan Multitech in Ludhiana?

The salary growth for a Production Engineer at New Swan Multitech in Ludhiana depends on factors such as experience, performance, and promotions. On average, a Production Engineer in Ludhiana can expect the following growth trajectory at New Swan Multitech:

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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New Swan Multitech Production Engineer Salaries in Ludhiana

New Swan Multitech Production Engineer salary in Ludhiana ranges between ₹2.3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 New Swan Multitech latest salaries received from various employees of New Swan Multitech.