Punch Ratna Fasteners Production Engineer Salaries by 6 Employees (Updated 2024)

5 - 10 years exp.

₹4 Lakhs - ₹6 Lakhs

Salary of majority employees

30% more than the average Production Engineer Salary in Industrial Machinery Companies for 5 - 10 years of experience

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Last Updated: 20 Jul 2024

Companies similar to Punch Ratna Fasteners for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Unbrako Production Engineer Salary 4 - 13 years exp. (7 salaries)	₹2.2 L/yr - ₹4.6 L/yr 29% less
Caparo Group Production Engineer Salary 2 - 5 years exp. (9 salaries)	₹2 L/yr - ₹4.8 L/yr 48% less
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TVS Sundram Fasteners Production Engineer Salary 0 - 6 years exp. (164 salaries)	₹1 L/yr - ₹6 L/yr 49% less
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Sterling Tools Production Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.1 L/yr 38% less
L&T–MHI Power Boilers Production Engineer Salary 4 - 13 years exp. (43 salaries)	₹3 L/yr - ₹10.8 L/yr 34% more
Veer-O-- Metals Production Engineer Salary 2 - 12 years exp. (25 salaries)	₹3.5 L/yr - ₹7 L/yr 7% less
Hyundai Construction Equipment Production Engineer Salary 1 - 8 years exp. (25 salaries)	₹3 L/yr - ₹5.6 L/yr 20% less
Kirloskar Toyota Textile Machinery Production Engineer Salary 0 - 9 years exp. (22 salaries)	₹2 L/yr - ₹11 L/yr 36% more
Phoenix Mecano Production Engineer Salary 4 - 7 years exp. (14 salaries)	₹2.6 L/yr - ₹6 L/yr 10% less
Lal Baba Seamless Tubes Production Engineer Salary 2 - 8 years exp. (14 salaries)	₹3 L/yr - ₹4.7 L/yr 27% less
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Maschio Gaspardo Production Engineer Salary 1 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹6.4 L/yr 17% less
Beri Udyog Production Engineer Salary 5 - 7 years exp. (6 salaries)	₹3.1 L/yr - ₹4.5 L/yr 37% less
Gilbarco Veeder Root Production Engineer Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹10 L/yr 2% more
Schenck Process India Production Engineer Salary 7 - 10 years exp. (5 salaries)	₹4.3 L/yr - ₹6.1 L/yr 4% more
Tecumseh Products Production Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 48% less
Bosch Power Tools Production Engineer Salary 2 - 7 years exp. (5 salaries)	₹1.1 L/yr - ₹1.8 L/yr 71% less
Putzmeister Concrete Machines Production Engineer Salary 4 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹5.1 L/yr 18% less
Bobst India Production Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹2.9 L/yr 49% less

Production Engineer salary at Punch Ratna Fasteners ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Punch Ratna Fasteners.

Experience wise Punch Ratna Fasteners Production Engineer salaries

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Punch Ratna Fasteners

Production Manager Salary

(4 salaries)

₹1.2 L/yr - ₹12 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Junior Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Senior Production Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(6 salaries)

₹2.75 L/yr - ₹6.35 L/yr

Quality Engineer Salary

(22 salaries)

₹2 L/yr - ₹4.5 L/yr

Assistant Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.3 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1.6 L/yr - ₹3 L/yr

Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Salary related reviews for Punch Ratna Fasteners

4.0

Rated by 2 employees for salary & benefits

Quality Engineer in Rohtak

Full Time

Engineering - Software & QA Department

4.0

• posted on 07 Oct 2024

3.0

for Salary and Benefits

Likes

Supportive team, No Leg pulling by anyone , No any compilation between employees- everyday just spend 8.5 hours go back to home.

Dislikes

Old employee's staying from long time period due to this new employee do not gain achievements in this company. Same Job responsibility from last eight years,so how to learn a employee.

QMS Engineer in Rohtak

Full Time

Quality Managment Systems Department

4.0

• posted on 08 Sep 2017

3.0

for Salary and Benefits

Likes

Company regularly thinks how we can use the new technology to improve the quality of a product & arrange trainings for workers to improve their working skills etc.Nice working environment . Motivational programs arranged by managment to encourage their workers.

Dislikes

No one is perfect including me.

CNC Machine Operator in Chennai

Contractual

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Sep 2023

4.0

for Salary and Benefits

Likes

They are all the supervisor are work hard and nice persons.

Dislikes

They don't know about the talent person because of all the supervisor are work hard but they have no correct salary and expectations all of them are really talented persons

see more salary related reviews

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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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Punch Ratna Fasteners Production Engineer Salary FAQs

What is the salary of Production Engineer at Punch Ratna Fasteners?

Production Engineer salary at Punch Ratna Fasteners in India ranges between ₹4.0 Lakhs to ₹6.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 30% more than the average Production Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Punch Ratna Fasteners India.

How does the salary of a Production Engineer at Punch Ratna Fasteners India compare with the average salary range for this job?

The average salary of a Production Engineer at Punch Ratna Fasteners is 30% more than the average salary of a Production Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Punch Ratna Fasteners to a Production Engineer in India?

Kirloskar Toyota Textile Machinery Production Engineer Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
L&T–MHI Power Boilers Production Engineer Salary - ₹3.0 Lakhs to ₹10.8 Lakhs per year
Schenck Process India Production Engineer Salary - ₹4.3 Lakhs to ₹6.1 Lakhs per year
Gilbarco Veeder Root Production Engineer Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Production Engineer in companies similar to Punch Ratna Fasteners in India?

Veer-O-- Metals Production Engineer Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Phoenix Mecano Production Engineer Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
Maschio Gaspardo Production Engineer Salary - ₹2.4 Lakhs to ₹6.4 Lakhs per year
Putzmeister Concrete Machines Production Engineer Salary - ₹3.6 Lakhs to ₹5.1 Lakhs per year
Hyundai Construction Equipment Production Engineer Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Production Engineer at Punch Ratna Fasteners in India?

The estimated take-home salary of a Production Engineer at Punch Ratna Fasteners ranges between ₹37,061 per month to ₹38,270 per month in India. The take-home salary calculation is based on the average Punch Ratna Fasteners Production Engineer salary in India which ranges between ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Production Engineer at Punch Ratna Fasteners?

According to AmbitionBox, 100% of the Punch Ratna Fasteners Production Engineers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Punch Ratna Fasteners Production Engineer Salaries

Punch Ratna Fasteners Production Engineer salary in India ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Punch Ratna Fasteners latest salaries received from various employees of Punch Ratna Fasteners.