PRECISION MACHINE AND EQUIPMENTS Chennai Production Engineer Salaries by 7 Employees (Updated 2024)

1 - 9 years exp.

₹1.3 Lakh - ₹5.2 Lakhs

Salary of majority employees

14% less than the average Production Engineer Salary in Industrial Machinery Companies for 1 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 1 - 9 years exp. (4 salaries)	₹1.3 L/yr - ₹5.2 L/yr
Quality Assurance Production Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
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Construction & Site Engineering Production Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 16 Jun 2024

Companies similar to PRECISION MACHINE AND EQUIPMENTS for Production Engineer in Chennai

PRECISION MACHINE AND EQUIPMENTS Production Engineer Salary

1 - 9 years exp. (7 salaries)

₹1.3 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Timken Production Engineer Salary 0 - 7 years exp. (26 salaries)	₹1.8 L/yr - ₹4.8 L/yr 6% less
Wipro Infrastructure Engineering Production Engineer Salary 4 - 9 years exp. (18 salaries)	₹2.6 L/yr - ₹7 L/yr 23% more
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Tractors and Farm Equipment Production Engineer Salary 1 - 12 years exp. (14 salaries)	₹1.5 L/yr - ₹8 L/yr 27% more
KONE Production Engineer Salary 0 - 6 years exp. (11 salaries)	₹2.3 L/yr - ₹4.2 L/yr 5% less
Caterpillar Inc Production Engineer Salary 1 - 6 years exp. (8 salaries)	₹1.4 L/yr - ₹5.8 L/yr 57% more
Danfoss Industries Production Engineer Salary 1 - 6 years exp. (6 salaries)	₹1.7 L/yr - ₹2.5 L/yr 23% less
Flowserve Production Engineer Salary 2 - 14 years exp. (5 salaries)	₹1.8 L/yr - ₹6 L/yr 44% more
Thermax Limited Production Engineer Salary 4 - 7 years exp. (4 salaries)	₹5.8 L/yr - ₹6.6 L/yr 78% more	1 job opening

Production Engineer salary at PRECISION MACHINE AND EQUIPMENTS ranges between ₹1.3 Lakh to ₹5.2 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of PRECISION MACHINE AND EQUIPMENTS .

Experience wise PRECISION MACHINE AND EQUIPMENTS Production Engineer salaries in Chennai

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

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Similar Designation salaries in PRECISION MACHINE AND EQUIPMENTS

Quality Engineer Salary

(16 salaries)

₹1.35 L/yr - ₹3 L/yr

Production Supervisor Salary

(9 salaries)

₹1.6 L/yr - ₹5.16 L/yr

Salary related reviews for PRECISION MACHINE AND EQUIPMENTS

4.2

Rated by 2 employees for salary & benefits

QA Engineer in Chennai

Quality Assurance Department

4.0

• posted on 03 Aug 2019

4.0

for Salary and Benefits

Likes

Motivating teammates working with me. Even in all places same production and quality are enemies inside work but outer our team are good frds . Development opportunity is more in our company and chance had to learn in different aspects too.My manager is more intelligent than I ever seen in any other places and best friend too.Our company have gave me appraiser more than 5times in annum..and I got it too.and two times increment too..

Dislikes

No job security....

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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PRECISION MACHINE AND EQUIPMENTS Production Engineer Salary FAQs

What is the salary of Production Engineer at PRECISION MACHINE AND EQUIPMENTS Chennai?

Production Engineer salary at PRECISION MACHINE AND EQUIPMENTS in Chennai ranges between ₹1.3 Lakhs to ₹5.2 Lakhs for experience between 1 years to 9 years. According to our estimates it is 14% less than the average Production Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of PRECISION MACHINE AND EQUIPMENTS Chennai.

How does the salary of a Production Engineer at PRECISION MACHINE AND EQUIPMENTS Chennai compare with the average salary range for this job?

The average salary of a Production Engineer at PRECISION MACHINE AND EQUIPMENTS is 14% less than the average salary of a Production Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than PRECISION MACHINE AND EQUIPMENTS to a Production Engineer in Chennai?

Thermax Limited Production Engineer Salary - ₹5.8 Lakhs to ₹6.6 Lakhs per year
Caterpillar Inc Production Engineer Salary - ₹1.4 Lakhs to ₹5.8 Lakhs per year
Flowserve Production Engineer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
Tractors and Farm Equipment Production Engineer Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
Wipro Infrastructure Engineering Production Engineer Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Production Engineer in companies similar to PRECISION MACHINE AND EQUIPMENTS in Chennai?

KONE Production Engineer Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
Timken Production Engineer Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
Danfoss Industries Production Engineer Salary - ₹1.7 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Production Engineer at PRECISION MACHINE AND EQUIPMENTS in Chennai?

The estimated take-home salary of a Production Engineer at PRECISION MACHINE AND EQUIPMENTS ranges between ₹23,346 per month to ₹24,809 per month in Chennai. The take-home salary calculation is based on the average PRECISION MACHINE AND EQUIPMENTS Production Engineer salary in India which ranges between ₹1.3 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Production Engineer at PRECISION MACHINE AND EQUIPMENTS in Chennai?

According to AmbitionBox, 50% of the PRECISION MACHINE AND EQUIPMENTS Production Engineers in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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PRECISION MACHINE AND EQUIPMENTS Production Engineer Salaries in Chennai

PRECISION MACHINE AND EQUIPMENTS Production Engineer salary in Chennai ranges between ₹1.3 Lakh to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 PRECISION MACHINE AND EQUIPMENTS latest salaries received from various employees of PRECISION MACHINE AND EQUIPMENTS .