Annual salary range
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₹4.1
Lakhs - ₹5.2
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
(AmbitionBox Estimate) 
This is an estimate of the average salary for this
position. The actual salary may differ.
Monthly In-hand Salary
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Companies similar to Raneka Industries for Foundry Engineer in Indore
Raneka Industries
Foundry Engineer Salary
3 years exp. (AmbitionBox Estimate) |  ₹4.1 L/yr - ₹5.2 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| Porwal Auto Components Foundry Engineer Salary
5 - 10 years exp. (4 salaries) |  ₹3.6 L/yr - ₹5.5 L/yr 
6%
less | |
Foundry Engineer salary at Raneka Industries ranges between ₹4.1
Lakhs
to ₹5.2
Lakhs
per year for employees with 3 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Raneka Industries.
Similar Designation salaries in Raneka Industries
Salary related reviews for Raneka Industries
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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133.
I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter).
This new position is closer to my home and does not involve night shifts. The offer letter is attached.
I have also requested a ₹95,000 monthly salary increase and am awaiting their response.
Could someone advise me on whether I should accept the new offer or remain in my current role?
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Raneka Industries Foundry Engineer Salary FAQs
How the salary growth look like for a Foundry Engineer at Raneka Industries in Indore?
The salary growth for a Foundry Engineer at Raneka Industries in Indore depends on factors such as experience, performance, and promotions. On average, a Foundry Engineer in Indore can expect the following growth trajectory at Raneka Industries:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹4.1 Lakhs to ₹5.2 Lakhs per year |
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Raneka Industries Foundry Engineer salary in Indore ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Raneka Industries.