Racer Tooling Industries Senior Tool Maker salaries in India

The average salary of a Senior Tool Maker at Racer Tooling Industries in India typically ranges from ₹3.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Senior Tool Maker at Racer Tooling Industries earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Tool Maker 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.

The estimated take-home salary of a Senior Tool Maker at Racer Tooling Industries in India typically ranges from ₹34,953 to ₹36,194 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 13 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.

VASANTHA TOOL CRAFTS	₹4.0 Lakhs to ₹7.0 Lakhs per year
Mastercraft Engineers	₹3.3 Lakhs to ₹7.1 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.

The salary of a Senior Tool Maker at companies similar to Racer Tooling Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Micro Plastics	₹3.7 Lakhs to ₹5.7 Lakhs per year
Eigen Engineering	₹3.8 Lakhs to ₹5.0 Lakhs per year
Spectrum Tool Engineers	₹3.0 Lakhs to ₹5.5 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.

The salary growth for a Senior Tool Maker at Racer Tooling Industries depends on factors such as experience, performance, and promotions. On average, a Senior Tool Maker can expect the following growth trajectory at Racer Tooling Industries:

Experience	Average Salary Range
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
12 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
13 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.