Newtek Electricals Production Engineer Salaries by 4 Employees

1 - 4 years exp.

₹1.8 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Production Engineer Salary in Electrical Equipment Companies for 1 - 4 years of experience

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Salaries in different departments

Quality Assurance Production Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Project & Program Management Production Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.9 L/yr

Last Updated: 12 Nov 2023

Companies similar to Newtek Electricals for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Popular Switch Gears Production Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.2 L/yr - ₹5.5 L/yr 5% less
Chandresh Cables Production Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹4.5 L/yr 28% less
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Bekaert Industries Production Engineer Salary 0 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹13.8 L/yr 178% more
Perto Production Engineer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3.6 L/yr 15% less
Quantum Hi Tech Merchandising Production Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹4.3 L/yr 3% more
Electro Crimp Contacts Production Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 2% less
Aeron Systems Production Engineer Salary 7 - 11 years exp. (4 salaries)	₹4.4 L/yr - ₹6.3 L/yr 43% more
Millborn Switchgears Production Engineer Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹5.2 L/yr 28% more
Sai Enterprises Production Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.1 L/yr - ₹3 L/yr 45% less
DhaSh PV Technologies Production Engineer Salary 0 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3.7 L/yr 8% less

Production Engineer salary at Newtek Electricals ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Newtek Electricals.

Experience wise Newtek Electricals Production Engineer salaries

Last Updated: 12 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Newtek Electricals

Production Incharge Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Quality Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.7 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Newtek Electricals

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I m in quality department and I learnt a lots of things from their like quality , testing, man handle , carrier growth and many more work experience I gained from this industries

Salary - Excellent

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Dislikes

I have done here 6 month intership but after completion they don't give any job offer for me . I have done very good performance but this company never give any job letter according to my ability

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Senior Marketing Executive in Aurangabad

Sales & Business Development Department

4.0

• posted on 10 Jan 2019

3.0

for Salary and Benefits

Likes

I like to worked with consultant and panel builders, distributor, dealer with technically & quality work. I am looking gov. approvals like BHEL Bhopal, Advani. projects and regular enquirys. I am looking MP, Gujarat, Rajasthan. Some part of Maharashtra ( Marathwada ).

Skill development - Excellent

Dislikes

I don't like the work culture. There is no growth for future.

Promotions - Bad

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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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Newtek Electricals Production Engineer Salary FAQs

What is the salary of Production Engineer at Newtek Electricals ?

The average salary of a Production Engineer at Newtek Electricals in India typically ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Production Engineer at Newtek Electricals earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Production Engineer Salaries at Newtek Electricals 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 Newtek Electricals employees in India.

What is the estimated take home salary of a Production Engineer at Newtek Electricals in India?

The estimated take-home salary of a Production Engineer at Newtek Electricals in India typically ranges from ₹25,766 to ₹27,193 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 Newtek Electricals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Newtek Electricals for Production Engineer in India?

Bekaert Industries	₹5.8 Lakhs to ₹13.8 Lakhs per year
Aeron Systems	₹4.4 Lakhs to ₹6.3 Lakhs per year
Millborn Switchgears	₹4.0 Lakhs to ₹5.2 Lakhs per year
Quantum Hi Tech Merchandising	₹3.1 Lakhs to ₹4.3 Lakhs per year

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

What is the salary of a Production Engineer in companies similar to Newtek Electricals in India?

The salary of a Production Engineer at companies similar to Newtek Electricals in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Electro Crimp Contacts	₹1.8 Lakhs to ₹4.0 Lakhs per year
Popular Switch Gears	₹2.2 Lakhs to ₹5.5 Lakhs per year
DhaSh PV Technologies	₹2.4 Lakhs to ₹3.7 Lakhs per year
Perto	₹2.0 Lakhs to ₹3.6 Lakhs per year
Chandresh Cables	₹1.8 Lakhs to ₹4.5 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 Production Engineer at Newtek Electricals in India?

The salary growth for a Production Engineer at Newtek Electricals depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Newtek Electricals:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.7 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Newtek Electricals Production Engineer Salaries

Newtek Electricals Production Engineer salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Newtek Electricals latest salaries received from various employees of Newtek Electricals.