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Precision Equipments (Chennai) Production Engineer salaries in India

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Production Engineer Salary at Precision Equipments (Chennai) ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 20 latest... Read more

30% less than the average Production Engineer Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Last Updated: 10 Mar 2024

Companies similar to Precision Equipments (Chennai) for Production Engineer

Company name Avg Annual Salary Open Jobs
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Veer-O-- Metals Production Engineer Salary

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Ultra Corpotech Production Engineer Salary

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₹2 L/yr - ₹5.5 L/yr

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₹1.5 L/yr - ₹5 L/yr

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Dream Plast India Production Engineer Salary

2 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹11 L/yr

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₹1.8 L/yr - ₹5.3 L/yr

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HYT Engineering Production Engineer Salary

1 - 7 years exp. (15 salaries)

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₹3.1 L/yr - ₹4 L/yr

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₹2.6 L/yr - ₹5 L/yr

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Ace Designers Production Engineer Salary

2 - 5 years exp. (11 salaries)

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₹3 L/yr - ₹5.5 L/yr

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Gilbarco Veeder Root Production Engineer Salary

1 - 13 years exp. (11 salaries)

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₹1.8 L/yr - ₹8.5 L/yr

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Jm Frictech Production Engineer Salary

1 - 10 years exp. (10 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

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PP Rolling Mills Production Engineer Salary

1 - 10 years exp. (10 salaries)

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₹4 L/yr - ₹4.8 L/yr

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₹2.5 L/yr - ₹6.6 L/yr

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₹1.6 L/yr - ₹4.5 L/yr

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₹2.4 L/yr - ₹3.3 L/yr

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Precision Equipments (Chennai) Production Engineer salaries by

Years of experience Avg. annual salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
1 year  (4 salaries)

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₹2 L/yr - ₹3.3 L/yr
2 years  (4 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
3 years  (6 salaries)

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₹2.4 L/yr - ₹3.2 L/yr
4 years  (5 salaries)

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₹2.4 L/yr - ₹3.1 L/yr

Similar Designation Salaries at Precision Equipments (Chennai)

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₹1.8 L/yr - ₹5.5 L/yr

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₹8.9 L/yr - ₹9.3 L/yr

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₹2 L/yr - ₹2.5 L/yr

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₹2 L/yr - ₹4.5 L/yr

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₹3 L/yr - ₹5 L/yr

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₹3.3 L/yr - ₹10 L/yr

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Supervisor Salary
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₹1.9 L/yr - ₹2.4 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
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an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Precision Equipments (Chennai)

2.2

Rated by 2 employees for salary & benefits

Full Time

 · 

Production Department

4.0
  •  updated 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
  •  updated 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
  •  updated 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
  •  updated 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

Precision Equipments (Chennai) Production Engineer Salary FAQs

What is the salary of Production Engineer at Precision Equipments (Chennai) ?
The average salary of a Production Engineer at Precision Equipments (Chennai) in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Production Engineer at Precision Equipments (Chennai) earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Production 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 20+ Precision Equipments (Chennai) employees in India.
What is the estimated take home salary of a Production Engineer at Precision Equipments (Chennai) in India?
The estimated take-home salary of a Production Engineer at Precision Equipments (Chennai) in India typically ranges from ₹19,229 to ₹20,904 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher 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 20+ 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 Production Engineer at Precision Equipments (Chennai) ?
To be a Production Engineer at Precision Equipments (Chennai) in india, the key skills required include:

  • - Production Engineering
  • - Production Engineering
  • - Manufacturing Engineering
  • - Industrial Engineering
  • - Heat Exchangers

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 Production Engineer in India?
Kirloskar Toyota Textile Machinery ₹1.8 Lakhs to ₹11.0 Lakhs per year
L&T–MHI Power Boilers ₹3.0 Lakhs to ₹10.8 Lakhs per year
Gilbarco Veeder Root ₹1.8 Lakhs to ₹8.5 Lakhs per year
Ace Designers ₹3.0 Lakhs to ₹5.5 Lakhs per year
Delval Flow Controls ₹3.0 Lakhs to ₹6.7 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 Production Engineer in companies similar to Precision Equipments (Chennai) in India?
The salary of a Production 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:

Veer-O-- Metals ₹3.5 Lakhs to ₹7.0 Lakhs per year
Ultra Corpotech ₹3.0 Lakhs to ₹8.0 Lakhs per year
PP Rolling Mills ₹4.0 Lakhs to ₹4.8 Lakhs per year
Hyundai Construction Equipment ₹3.0 Lakhs to ₹6.4 Lakhs per year
Manitou Equipment India ₹3.7 Lakhs to ₹4.6 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 Precision Equipments (Chennai) in India?
The salary growth for a Production Engineer at Precision Equipments (Chennai) depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Precision Equipments (Chennai):

Experience Average Salary Range
Fresher ₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.2 Lakhs per year
and so on.

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Precision Equipments (Chennai) Production Engineer salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).