Premium Employer

i

This company page is being actively managed by Precision Equipments (Chennai) Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Precision Equipments (Chennai) Design Engineer salaries in India

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹9.3 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

At par with the average Design Engineer Salary in Industrial Machinery Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering
Design Engineer Salary
1 - 8 years exp. (6 salaries)
unlock-blur

₹2 L/yr - ₹9.3 L/yr

Research & Development
Design Engineer Salary
2 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.4 L/yr - ₹7.7 L/yr

Last Updated: 26 Sep 2024

Companies similar to Precision Equipments (Chennai) for Design Engineer

Company name Avg Annual Salary Open Jobs
Logo
MAN Energy Solutions Design Engineer Salary

1 - 8 years exp. (96 salaries)

unlock blur

₹3 L/yr - ₹8.5 L/yr

arrow icon 13% more
Logo
Bajaj Steel Industries Design Engineer Salary

1 - 6 years exp. (87 salaries)

unlock blur

₹1.8 L/yr - ₹5 L/yr

arrow icon 32% less
Logo
unlock blur

₹3 L/yr - ₹6.2 L/yr

arrow icon 14% less
Logo
Burckhardt Compression Design Engineer Salary

1 - 7 years exp. (44 salaries)

unlock blur

₹1.2 L/yr - ₹8.5 L/yr

arrow icon 11% more
1 job opening
Logo
Ace Designers Design Engineer Salary

1 - 11 years exp. (45 salaries)

unlock blur

₹2.5 L/yr - ₹12 L/yr

arrow icon 35% more
Logo
HYT Engineering Design Engineer Salary

1 - 7 years exp. (27 salaries)

unlock blur

₹2 L/yr - ₹6.8 L/yr

arrow icon 9% less
1 job opening
Logo
V.S.T Tillers Tractors Design Engineer Salary

1 - 6 years exp. (26 salaries)

unlock blur

₹2.1 L/yr - ₹9 L/yr

arrow icon 12% less
Logo
Super Auto Forge Design Engineer Salary

2 - 7 years exp. (22 salaries)

unlock blur

₹2 L/yr - ₹4.2 L/yr

arrow icon 42% less
Logo
Ultra Corpotech Design Engineer Salary

3 - 7 years exp. (22 salaries)

unlock blur

₹3.4 L/yr - ₹7 L/yr

arrow icon 9% less
Logo
Bobst India Design Engineer Salary

1 - 6 years exp. (23 salaries)

unlock blur

₹3.9 L/yr - ₹7.5 L/yr

arrow icon 3% more
unlock blur

₹1.8 L/yr - ₹5.4 L/yr

arrow icon 30% less
Logo
Wika Instruments India Design Engineer Salary

0 - 4 years exp. (20 salaries)

unlock blur

₹2.5 L/yr - ₹5 L/yr

arrow icon 24% less
Logo
Jm Frictech Design Engineer Salary

1 - 6 years exp. (15 salaries)

unlock blur

₹1.8 L/yr - ₹5 L/yr

arrow icon 30% less
unlock blur

₹2.2 L/yr - ₹6.5 L/yr

arrow icon 16% less
Logo
Parle Elizabeth Tools Design Engineer Salary

2 - 5 years exp. (9 salaries)

unlock blur

₹2.6 L/yr - ₹4.3 L/yr

arrow icon 37% less
Logo
Beri Udyog Design Engineer Salary

1 - 3 years exp. (8 salaries)

unlock blur

₹2.2 L/yr - ₹4.2 L/yr

arrow icon 46% less
Logo
Gilbarco Veeder Root Design Engineer Salary

1 - 9 years exp. (8 salaries)

unlock blur

₹2.2 L/yr - ₹6.5 L/yr

arrow icon 14% less
Logo
Veer-O-- Metals Design Engineer Salary

2 - 9 years exp. (8 salaries)

unlock blur

₹3.5 L/yr - ₹7.8 L/yr

arrow icon 4% more
Logo
Toshiba Design Engineer Salary

1 - 4 years exp. (3 salaries)

unlock blur

₹3.5 L/yr - ₹4.7 L/yr

arrow icon 21% less
unlock blur

₹3 L/yr - ₹6.4 L/yr

arrow icon 17% less
View all
Design Engineer salary at Precision Equipments (Chennai) ranges between ₹2 Lakhs to ₹9.3 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Precision Equipments (Chennai).

Latest annual salaries shared by Precision Equipments (Chennai) Design Engineer

6mo ago
₹9.3 Lakhs
8 years exp.
7mo ago
₹7.2 Lakhs
7 years exp.
9mo ago
₹8.6 Lakhs
7 years exp.
1y ago
₹3 Lakhs
1 year exp.

Experience wise Precision Equipments (Chennai) Design Engineer salaries

Last Updated: 26 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹5.2 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Precision Equipments (Chennai)

Senior Engineer Salary
(15 salaries)
unlock blur
₹3.25 L/yr - ₹7.5 L/yr
unlock blur
₹1.5 L/yr - ₹4.5 L/yr
unlock blur
₹3.5 L/yr - ₹8.7 L/yr
unlock blur
₹1.8 L/yr - ₹5.5 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹3.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(10 salaries)
unlock blur
₹5.04 L/yr - ₹8.4 L/yr

Top skills at Precision Equipments (Chennai) for Design Engineer

Pressure Vessels ASME HTRI PV Elite Static Equipment

Salary related reviews for Precision Equipments (Chennai)

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Production Department

4.0
  •  posted on 12 Dec 2022

3.0
 for  Salary and Benefits

Likes

1. Lots of growth opportunities if chosen the right department, 2. Management completely supports any new ideas to improvise, 3. Compensation is good for a fresher, but after couple of years you might wanna switch, but in engineering team compensation would be in par with industry standards. 4. Good transport facility through MTC buses, 5. Accommodation and food is provided for a very cheap fee.

read more
  • Job security - Excellent

Dislikes

1. Certain old people don't welcome new entrants in the best way possible, 2. A big pay parity between the manufacturing and engineering team, 3. Company employes mostly their relatives in engineering team. 4. Food provided is pretty average. 5. Leave benefits could be better

read more
  • Promotions - Poor
  • +1 more

Production Department

3.0
  •  posted on 21 Jun 2022

1.0
 for  Salary and Benefits

Likes

One can learn a lot of elementary core related stuffs at the earlier stages. But after certain period these, it is hard to work without any compensations and benefits.

read more
  • Job security - Good

Dislikes

...ys. They will not allow you take leave for the extra time you worked beforehand. Low salary package. No major benefits.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 15 Nov 2023

1.0
 for  Salary and Benefits

Likes

Good working and skill developments very good

  • Skill development - Excellent

Dislikes

The company with the worst Human Rights Officer and HR Management with the Company. Company will supported only HR Manager not a workers. Human rights Officer they treet the workers very poorly...

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 30 Jan 2024

2.0
 for  Salary and Benefits

Likes

We can learn much and it will be helpful in our career growth. However, need to sustain at least 3 years.

  • Skill development - Excellent

Dislikes

Management needs to focus on bigger growth, instead they are questioning from the bottom level, even though they employed Managers, GM and Vice president.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Precision Equipments (Chennai) Design Engineer Salary FAQs

What is the salary of Design Engineer at Precision Equipments (Chennai) ?
The average salary of a Design Engineer at Precision Equipments (Chennai) in India typically ranges from ₹2.0 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Design Engineer at Precision Equipments (Chennai) earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Design Engineer Salaries at Precision Equipments (Chennai) 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 8 Precision Equipments (Chennai) employees in India.
What is the estimated take home salary of a Design Engineer at Precision Equipments (Chennai) in India?
The estimated take-home salary of a Design Engineer at Precision Equipments (Chennai) in India typically ranges from ₹40,499 to ₹41,657 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 1 year to 8 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 8 salaries received from various employees of Precision Equipments (Chennai). Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Design Engineer at Precision Equipments (Chennai) ?
To be a Design Engineer at Precision Equipments (Chennai) in india, the key skills required include:

  • - Pressure Vessels
  • - ASME
  • - HTRI
  • - PV Elite
  • - Static Equipment

These skills are highly valued at Precision Equipments (Chennai) and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Precision Equipments (Chennai) for Design Engineer in India?
Kirloskar Toyota Textile Machinery ₹4.8 Lakhs to ₹12.0 Lakhs per year
Beumer Group ₹4.8 Lakhs to ₹12.0 Lakhs per year
Ace Designers ₹2.5 Lakhs to ₹12.0 Lakhs per year
L&T–MHI Power Boilers ₹6.2 Lakhs to ₹7.7 Lakhs per year
MAN Energy Solutions ₹3.0 Lakhs to ₹8.5 Lakhs per year

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

Burckhardt Compression ₹1.2 Lakhs to ₹8.5 Lakhs per year
Veer-O-- Metals ₹3.5 Lakhs to ₹7.8 Lakhs per year
Bobst India ₹3.9 Lakhs to ₹7.5 Lakhs per year
Putzmeister Concrete Machines ₹2.3 Lakhs to ₹11.0 Lakhs per year
HYT Engineering ₹2.0 Lakhs to ₹6.8 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 Design Engineer at Precision Equipments (Chennai) in India?
The salary growth for a Design Engineer at Precision Equipments (Chennai) depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Precision Equipments (Chennai):

Experience Average Salary Range
1 year ₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

Precision Equipments (Chennai) Design Engineer salary in India ranges between ₹2 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).