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Racer Tooling Industries Engineer salaries in India

Annual salary range
5 - 10 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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44% less than the average Engineer Salary in Industrial Machinery Companies for 5 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Engineer Salary
5 - 10 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.5 L/yr

Quality Assurance
Engineer Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Racer Tooling Industries for Engineer

Company name Avg Annual Salary Open Jobs
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Lakshmi Machine Works Engineer Salary

1 - 10 years exp. (255 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 86% more
3 job openings
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Caterpillar Inc Engineer Salary

2 - 14 years exp. (179 salaries)

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₹7 L/yr - ₹26.5 L/yr

arrow icon 385% more
1 job opening
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Isgec Heavy Engineering Engineer Salary

1 - 12 years exp. (126 salaries)

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₹3.1 L/yr - ₹9 L/yr

arrow icon 105% more
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KONE Engineer Salary

1 - 5 years exp. (115 salaries)

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₹2.4 L/yr - ₹10.3 L/yr

arrow icon 87% more
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Padget Electronics Engineer Salary

1 - 9 years exp. (114 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 34% more
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Tractors and Farm Equipment Engineer Salary

2 - 13 years exp. (97 salaries)

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₹2 L/yr - ₹7.6 L/yr

arrow icon 84% more
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EMERSON PROCESS MANAGEMENT Engineer Salary

0 - 9 years exp. (92 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 108% more
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Flowserve Engineer Salary

2 - 12 years exp. (91 salaries)

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₹3.3 L/yr - ₹14 L/yr

arrow icon 150% more
7 job openings
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Gmmco Engineer Salary

2 - 9 years exp. (78 salaries)

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₹2.2 L/yr - ₹6.7 L/yr

arrow icon 36% more
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John Deere Engineer Salary

1 - 13 years exp. (74 salaries)

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₹1.2 L/yr - ₹9.7 L/yr

arrow icon 60% more
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TKIL Engineer Salary

1 - 9 years exp. (71 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 73% more
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ABB Engineer Salary

1 - 7 years exp. (71 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 67% more
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Thermax Limited Engineer Salary

1 - 11 years exp. (71 salaries)

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₹2.1 L/yr - ₹8.7 L/yr

arrow icon 48% more
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TechnipFMC Engineer Salary

1 - 6 years exp. (54 salaries)

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₹5.3 L/yr - ₹12.9 L/yr

arrow icon 174% more
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Timken Engineer Salary

4 - 11 years exp. (55 salaries)

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₹3.1 L/yr - ₹8.5 L/yr

arrow icon 83% more
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Schindler Engineer Salary

2 - 9 years exp. (54 salaries)

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₹3 L/yr - ₹11.1 L/yr

arrow icon 103% more
2 job openings
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₹2.3 L/yr - ₹5.6 L/yr

arrow icon 30% more
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₹2.7 L/yr - ₹6.5 L/yr

arrow icon 50% more
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Danfoss Industries Engineer Salary

1 - 10 years exp. (39 salaries)

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₹6.4 L/yr - ₹20 L/yr

arrow icon 279% more
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C.R.I. Pumps Engineer Salary

2 - 13 years exp. (38 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 40% more
1 job opening
View all
Engineer salary at Racer Tooling Industries ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Racer Tooling Industries.

Latest annual salaries shared by Racer Tooling Industries Engineer

1y ago
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9 years exp.
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5 years exp.
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8 years exp.
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10 years exp.

Experience wise Racer Tooling Industries Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Racer Tooling Industries

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₹3.3 L/yr - ₹6 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Racer Tooling Industries Engineer Salary FAQs

What is the salary of Engineer at Racer Tooling Industries ?
The average salary of a Engineer at Racer Tooling Industries in India typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Engineer at Racer Tooling Industries earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Engineer Salaries at Racer Tooling 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 Racer Tooling Industries employees in India.
What is the estimated take home salary of a Engineer at Racer Tooling Industries in India?
The estimated take-home salary of a Engineer at Racer Tooling Industries in India typically ranges from ₹23,205 to ₹24,671 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 5 years to 10 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 Racer Tooling Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Racer Tooling Industries for Engineer in India?
Caterpillar Inc ₹7.0 Lakhs to ₹26.5 Lakhs per year
Danfoss Industries ₹6.4 Lakhs to ₹20.0 Lakhs per year
TechnipFMC ₹5.3 Lakhs to ₹12.9 Lakhs per year
Tata Hitachi Construction Machinery ₹7.0 Lakhs to ₹10.0 Lakhs per year
Flowserve ₹3.3 Lakhs to ₹14.0 Lakhs per year

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

Cummins ₹3.0 Lakhs to ₹13.4 Lakhs per year
Atlas Copco ₹2.3 Lakhs to ₹9.9 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹2.0 Lakhs to ₹10.0 Lakhs per year
Isgec Heavy Engineering ₹3.1 Lakhs to ₹9.0 Lakhs per year
Schindler ₹3.0 Lakhs to ₹11.1 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 Engineer at Racer Tooling Industries in India?
The salary growth for a Engineer at Racer Tooling Industries depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at Racer Tooling Industries:

Experience Average Salary Range
5 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
8 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
9 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
10 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
and so on.

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Racer Tooling Industries Engineer salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Racer Tooling Industries latest salaries received from various employees of Racer Tooling Industries.