Newcast Die Casting Tool Engineer Salaries by 4 Employees

5 - 12 years exp.

₹3 Lakhs - ₹4.4 Lakhs

Salary of majority employees

51% less than the average Tool Engineer Salary for 5 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Engineer Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr
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Project & Program Management Tool Engineer Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 20 Oct 2023

Companies similar to Newcast Die Casting for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Amphenol Interconnect Tool Engineer Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9 L/yr 36% more
Dhoot Transmission Tool Engineer Salary 4 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹7 L/yr 34% more
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Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 53% more
INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr 9% more
INDO-MIM Tool Engineer Salary 4 - 14 years exp. (23 salaries)	₹21 L/yr - ₹30 L/yr 448% more

Tool Engineer salary at Newcast Die Casting ranges between ₹3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Newcast Die Casting.

Experience wise Newcast Die Casting Tool Engineer salaries

Last Updated: 20 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in Newcast Die Casting

Senior Engineer Salary

(5 salaries)

₹4.8 L/yr - ₹5 L/yr

Quality Engineer Salary

(7 salaries)

₹3.1 L/yr - ₹3.6 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Top skills at Newcast Die Casting for Tool Engineer

Moulds Die Making Dies Auto Cadd Die Casting

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Newcast Die Casting Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Newcast Die Casting ?

The average salary of a Tool Engineer at Newcast Die Casting in India typically ranges from ₹3.0 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Tool Engineer at Newcast Die Casting earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Tool Engineer Salaries at Newcast Die Casting 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 Newcast Die Casting employees in India.

What is the estimated take home salary of a Tool Engineer at Newcast Die Casting in India?

The estimated take-home salary of a Tool Engineer at Newcast Die Casting in India typically ranges from ₹28,527 to ₹29,913 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 5 years to 12 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 Newcast Die Casting. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Tool Engineer at Newcast Die Casting ?

To be a Tool Engineer at Newcast Die Casting in india, the key skills required include:

- Moulds
- Die Making
- Dies
- Auto Cadd
- Die Casting

These skills are highly valued at Newcast Die Casting and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Newcast Die Casting for Tool Engineer in India?

INDO-MIM	₹21.0 Lakhs to ₹30.0 Lakhs per year
Molex	₹4.2 Lakhs to ₹9.7 Lakhs per year
Amphenol Interconnect	₹2.0 Lakhs to ₹9.0 Lakhs per year
Dhoot Transmission	₹3.4 Lakhs to ₹7.0 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year

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

How the salary growth look like for a Tool Engineer at Newcast Die Casting in India?

The salary growth for a Tool Engineer at Newcast Die Casting depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at Newcast Die Casting:

Experience	Average Salary Range
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
10 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
12 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Newcast Die Casting Tool Engineer Salaries

Newcast Die Casting Tool Engineer salary in India ranges between ₹3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Newcast Die Casting latest salaries received from various employees of Newcast Die Casting.