PLASTIC COMPONENT INDUSTRIES Tool Room Engineer Salaries by 4 Employees

3 - 6 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Tool Room Engineer Salary in Auto Components Companies for 3 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to PLASTIC COMPONENT INDUSTRIES for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Magneti Marelli Motherson Auto System Tool Room Engineer Salary 2 - 4 years exp. (6 salaries)	₹1.4 L/yr - ₹3.7 L/yr 18% less
JRG Automotive india Tool Room Engineer Salary 2 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹4 L/yr 12% less
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Ramsays Corporation Tool Room Engineer Salary 3 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 3% more
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (47 salaries)	₹2.5 L/yr - ₹5 L/yr 12% more
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 9 years exp. (47 salaries)	₹2 L/yr - ₹7.2 L/yr 11% more

Tool Room Engineer salary at PLASTIC COMPONENT INDUSTRIES ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of PLASTIC COMPONENT INDUSTRIES.

Experience wise PLASTIC COMPONENT INDUSTRIES Tool Room Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

Similar Designation salaries in PLASTIC COMPONENT INDUSTRIES

Senior Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Quality Engineer Salary

(9 salaries)

₹1.5 L/yr - ₹2.95 L/yr

Junior Engineer Salary

(5 salaries)

₹2.2 L/yr - ₹3.25 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Tool Maker Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

DIE Maker Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Supervisor Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Salary related reviews for PLASTIC COMPONENT INDUSTRIES

Senior Executive in Greater Noida

Procurement & Supply Chain Department

5.0

• posted on 05 Feb 2022

5.0

for Salary and Benefits

Likes

This is best industry because now a days overall depend on plastic component because all things come to plastic and this is not highly costly so i like plastic industries and i have 16 years plastic industries experience

Salary - Excellent

+6 more

Dislikes

Plastic component usefull because this is not costly than steel and other

Graduate Engineer Trainee (Get)

Production, Manufacturing & Engineering Department

1.0

• posted on 27 Sep 2019

1.0

for Salary and Benefits

Likes

nothing, their is no growth, no appraisal, no work environment, only work as a labour and credit goes to senior and when any problem created due to technical issue then junior responssible..very bad work environment and senior..

Dislikes

no training, no career growth,

Salary - Bad

+6 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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PLASTIC COMPONENT INDUSTRIES Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES ?

The average salary of a Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES in India typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Tool Room Engineer Salaries at PLASTIC COMPONENT INDUSTRIES 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 PLASTIC COMPONENT INDUSTRIES employees in India.

What is the estimated take home salary of a Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES in India?

The estimated take-home salary of a Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES in India typically ranges from ₹25,556 to ₹26,986 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 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 PLASTIC COMPONENT INDUSTRIES. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PLASTIC COMPONENT INDUSTRIES for Tool Room Engineer in India?

Shaily Engineering Plastics Ltd	₹2.5 Lakhs to ₹5.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.0 Lakhs to ₹7.2 Lakhs per year
Ramsays Corporation	₹3.5 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Tool Room Engineer in companies similar to PLASTIC COMPONENT INDUSTRIES in India?

The salary of a Tool Room Engineer at companies similar to PLASTIC COMPONENT INDUSTRIES in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JRG Automotive india	₹2.4 Lakhs to ₹4.0 Lakhs per year
Magneti Marelli Motherson Auto System	₹1.4 Lakhs to ₹3.7 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 Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES in India?

The salary growth for a Tool Room Engineer at PLASTIC COMPONENT INDUSTRIES depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at PLASTIC COMPONENT INDUSTRIES:

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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PLASTIC COMPONENT INDUSTRIES Tool Room Engineer Salaries

PLASTIC COMPONENT INDUSTRIES Tool Room Engineer salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PLASTIC COMPONENT INDUSTRIES latest salaries received from various employees of PLASTIC COMPONENT INDUSTRIES.