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Paracoat Products Mechanical Engineer salaries in India

Annual salary range
4 - 6 years exp.
₹3.1 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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15% less than the average Mechanical Engineer Salary in Auto Components Companies for 4 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.6 L/yr

Research & Development
Mechanical Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 17 Feb 2024

Companies similar to Paracoat Products for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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ZF Steering Gear Mechanical Engineer Salary

0 - 3 years exp. (32 salaries)

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₹1.3 L/yr - ₹5.2 L/yr

arrow icon 39% less
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Global Autotech Mechanical Engineer Salary

0 - 13 years exp. (28 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 20% less
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Mikuni Mechanical Engineer Salary

2 - 8 years exp. (18 salaries)

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₹1.5 L/yr - ₹8.3 L/yr

arrow icon 40% more
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Ag Industries Mechanical Engineer Salary

1 - 11 years exp. (18 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 22% less
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Bony Polymers Mechanical Engineer Salary

2 - 7 years exp. (14 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 15% less
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Machino Plastics Mechanical Engineer Salary

3 - 12 years exp. (14 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 8% more
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Spm Autocomp Mechanical Engineer Salary

2 - 8 years exp. (13 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 18% less
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Roop Automotives Mechanical Engineer Salary

3 - 13 years exp. (12 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 14% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 43% less
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Nissin Brake Mechanical Engineer Salary

1 - 8 years exp. (10 salaries)

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₹1.4 L/yr - ₹4.8 L/yr

arrow icon 27% less
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Somic ZF Components Mechanical Engineer Salary

2 - 10 years exp. (10 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 31% less
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Mungi Group Mechanical Engineer Salary

1 - 8 years exp. (10 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 2% more
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EXEDY Mechanical Engineer Salary

1 - 8 years exp. (7 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 23% less
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Simpson Mechanical Engineer Salary

1 - 12 years exp. (7 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 4% less
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Bharat Seats Mechanical Engineer Salary

0 - 8 years exp. (6 salaries)

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₹2 L/yr - ₹4.4 L/yr

arrow icon 34% less
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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 5% more
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Omax Autos Mechanical Engineer Salary

1 - 10 years exp. (6 salaries)

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₹2.1 L/yr - ₹4.4 L/yr

arrow icon 14% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 4% less
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Rane Brake Lining Mechanical Engineer Salary

2 - 5 years exp. (5 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 38% less
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SEG Automotive Mechanical Engineer Salary

0 - 8 years exp. (5 salaries)

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₹3.5 L/yr - ₹4.2 L/yr

arrow icon 3% less
View all
Mechanical Engineer salary at Paracoat Products ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Paracoat Products.

Latest annual salaries shared by Paracoat Products Mechanical Engineer

10mo ago
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6 years exp.
1y ago
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4 years exp.
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4 years exp.
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5 years exp.

Experience wise Paracoat Products Mechanical Engineer salaries

Last Updated: 17 Feb 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr

Similar Designation salaries in Paracoat Products

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₹2.7 L/yr - ₹3.5 L/yr
Senior Engineer Salary
(16 salaries)
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₹2.4 L/yr - ₹7 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2.35 L/yr - ₹3.5 L/yr
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₹3 L/yr - ₹3.4 L/yr
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₹2.3 L/yr - ₹5 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹0.3 L/yr - ₹0.3 L/yr
Deputy Manager Salary
(6 salaries)
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₹6.7 L/yr - ₹9.2 L/yr
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₹6 L/yr - ₹15.2 L/yr

Salary related reviews for Paracoat Products

Production, Manufacturing & Engineering Department

4.0
  •  posted on 27 Jun 2018

3.0
 for  Salary and Benefits

Likes

Our company has very good working environment. Our seniors are very supportive they have to always increase our courage to do smart work for increasing Productivity, safety And Quality. We except challenge in our company for achieving company goals.

read more
  • Skill development - Good
  • +3 more

Dislikes

Only drawback is late salary payment.

Procurement & Supply Chain Department

1.0
  •  posted on 15 Dec 2021

1.0
 for  Salary and Benefits

Likes

Almost all department heads are very close to company director. It means your job is kind of secure if you have good terms with your department head.

read more

Dislikes

1) Low salary - They hire needy persons only so that they can use them anyhow they want. 2) Salary decrement - instead of increasing salaries, they have a culture of deducting employees salaries for every single reason, they can use as an excuse to do it. 3) Job security - Zero. Since 2018 ( in last 3 years) 6 people left (Ravi, his friend, saurabh, ombir, pawan, subodh) and 5 people joined in purchase department. This data is self-explanatory in itself. 4) Parveen Rana is poisonous snake in purchase. He starts crying every now and then to gain sympathy and save his job, although he is good for nothing. 5) Pankaj (driver of direct purchase vehicle) is another poisonous venom, who doesn't believe in obeying seniors because he got some personal relationships with purchase head. Overall, if you join there... you will feel like cursed, every single moment.

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

4.0
  •  posted on 15 Jun 2019

3.0
 for  Salary and Benefits

Likes

It was a good experience .The teammates are good and they are also giving good training. As come to career growth I'm not satisfied that much but overall environment of the company is good

read more
  • Job security - Good
  • +2 more

Dislikes

If i talk of dislikes about working then first thing comes into my mind is the salary, Work life balance , and much nore politics.

read more
  • Work-life balance - Poor

Full Time

 · 

Engineering - Hardware & Networks Department

5.0
  •  posted on 20 Dec 2024

5.0
 for  Salary and Benefits

Likes

BEST Platform to learn for freshers, nature of working is good .its good environment to work, helping each other to solve the if any problem arise, relationship between the employers is too good.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Work Satisfaction, Work-Life Balance

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 26 Aug 2024

1.0
 for  Salary and Benefits

Likes

Mujhe Paracoat me kuch bhi aacha nahi laga

Dislikes

Paracoat me Accounts Head ka bhut ganda behevar hai rajniti karta hai accounts me kisi ko jada din tikne nahi deta or parasan karta hai * Sabse Mukh Bat yah ki paracoat ke accounts Head ko kuch nahi aata uski naukri sirf esliye chal rahi kyuki vah rajniti karta hai management ke tel lagata hai sabse ganda ensan hai pura plant usse paresan hai

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Paracoat Products Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Paracoat Products ?
The average salary of a Mechanical Engineer at Paracoat Products in India typically ranges from ₹3.1 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Mechanical Engineer at Paracoat Products earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Mechanical Engineer Salaries at Paracoat Products 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 Paracoat Products employees in India.
What is the estimated take home salary of a Mechanical Engineer at Paracoat Products in India?
The estimated take-home salary of a Mechanical Engineer at Paracoat Products in India typically ranges from ₹28,964 to ₹30,344 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 4 years 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 Paracoat Products. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Paracoat Products for Mechanical Engineer in India?
FEV ₹2.1 Lakhs to ₹11.2 Lakhs per year
Mikuni ₹1.5 Lakhs to ₹8.3 Lakhs per year
Roop Automotives ₹2.0 Lakhs to ₹7.5 Lakhs per year
Bellsonica Auto Component ₹2.1 Lakhs to ₹6.4 Lakhs per year
Machino Plastics ₹3.3 Lakhs to ₹5.0 Lakhs per year

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

Tata Toyo Radiator ₹4.1 Lakhs to ₹7.4 Lakhs per year
Ralson Tyres Limited ₹3.2 Lakhs to ₹6.5 Lakhs per year
Mungi Group ₹1.8 Lakhs to ₹6.3 Lakhs per year
SEG Automotive ₹3.5 Lakhs to ₹4.2 Lakhs per year
Simpson ₹2.0 Lakhs to ₹6.0 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 Mechanical Engineer at Paracoat Products in India?
The salary growth for a Mechanical Engineer at Paracoat Products depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Paracoat Products:

Experience Average Salary Range
4 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

Paracoat Products Mechanical Engineer salary in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Paracoat Products latest salaries received from various employees of Paracoat Products.