Renold Chain Production Engineer Salaries by 8 Employees

4 - 7 years exp.

₹2.6 Lakhs - ₹3.2 Lakhs

Salary of majority employees

21% less than the average Production Engineer Salary in Industrial Machinery Companies for 4 - 7 years of experience

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Last Updated: 17 May 2024

Companies similar to Renold Chain for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Tsubaki Nakashima Production Engineer Salary 2 - 9 years exp. (5 salaries)	₹1.6 L/yr - ₹5.2 L/yr 18% more
Timken Production Engineer Salary 0 - 9 years exp. (96 salaries)	₹1.3 L/yr - ₹6.5 L/yr 12% more
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Bharat Bijlee Production Engineer Salary 5 - 8 years exp. (6 salaries)	₹4.2 L/yr - ₹6.4 L/yr 72% more
PIX Transmissions Production Engineer Salary 1 - 13 years exp. (16 salaries)	₹2.1 L/yr - ₹6.6 L/yr 47% more
J K Fenner Production Engineer Salary 2 - 12 years exp. (18 salaries)	₹2.3 L/yr - ₹5.2 L/yr 24% more
SKF Production Engineer Salary 0 - 5 years exp. (69 salaries)	₹1 L/yr - ₹5 L/yr 9% less	1 job opening
Gates Production Engineer Salary 0 - 9 years exp. (30 salaries)	₹1.8 L/yr - ₹7.1 L/yr 23% more
L&T–MHI Power Boilers Production Engineer Salary 4 - 13 years exp. (42 salaries)	₹3 L/yr - ₹10.8 L/yr 121% more
Hyundai Construction Equipment Production Engineer Salary 1 - 7 years exp. (25 salaries)	₹3 L/yr - ₹5.1 L/yr 24% more
Veer-O-- Metals Production Engineer Salary 2 - 12 years exp. (23 salaries)	₹3.5 L/yr - ₹7 L/yr 56% more
Kirloskar Toyota Textile Machinery Production Engineer Salary 0 - 11 years exp. (21 salaries)	₹1.8 L/yr - ₹11 L/yr 113% more
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Phoenix Mecano Production Engineer Salary 4 - 7 years exp. (14 salaries)	₹2.6 L/yr - ₹6 L/yr 45% more
Lal Baba Seamless Tubes Production Engineer Salary 3 - 8 years exp. (14 salaries)	₹3 L/yr - ₹4.3 L/yr 11% more
Maschio Gaspardo Production Engineer Salary 2 - 9 years exp. (9 salaries)	₹3 L/yr - ₹6.4 L/yr 37% more
Beri Udyog Production Engineer Salary 4 - 7 years exp. (8 salaries)	₹3.1 L/yr - ₹4.5 L/yr 24% more
Gilbarco Veeder Root Production Engineer Salary 1 - 13 years exp. (8 salaries)	₹1.8 L/yr - ₹8.5 L/yr 104% more	1 job opening
Schenck Process India Production Engineer Salary 7 - 10 years exp. (5 salaries)	₹4.3 L/yr - ₹6.1 L/yr 69% more
Tecumseh Products Production Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 15% less
Bosch Power Tools Production Engineer Salary 2 - 7 years exp. (5 salaries)	₹1.1 L/yr - ₹1.8 L/yr 53% less
Putzmeister Concrete Machines Production Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹5.1 L/yr 33% more

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Production Engineer salary at Renold Chain ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Production Engineer salaries

Last Updated: 17 May 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr
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6 years (3 salaries)	₹2.7 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Renold Chain

Project Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Production Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(9 salaries)

₹3.9 L/yr - ₹5.4 L/yr

Quality Engineer Salary

(6 salaries)

₹3 L/yr - ₹4.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Associate Engineer Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Salary related reviews for Renold Chain

3.0

Rated by 1 employees for salary & benefits

Senior Sales Engineer in Karur

Full Time

SALES AND MARKETING Department

3.0

• posted on 14 Feb 2022

1.0

for Salary and Benefits

Likes

Renold is a good company for who wants to start their carrier in manufacturing sector.

Skill development - Excellent

Dislikes

Compensation is very poor. Growth is also very slow. Top management does not value your work and individual's Strength. My best advice doesn't choose Renold.

Salary - Bad

+5 more

Sales & Marketing in India

Sales & Business Development Department

3.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

For junior level people its a food company. Freshers can also work in their initial career just to get some exposure to engineering industry.

Dislikes

There is no job security. Although its a MNC but peoples (mid & senior level managers) are not allowed to take decisions and working culture is exactly like family owned (Lala) company. There is not a single company policy which is in favour of employee, all the policies are designed in such a way that only company will be benefited. I got good increment during my tenure but there are people working since more than 10 years but got increment of 1% 1/2% in this way company is insulating their employees. Only selected people are getting good opportunities to grow.

Salary - Bad

+4 more

Sales in Karur

Sales & Marketing Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is nothing i like about this company... Will not refer anyone here.

Dislikes

Poor management.... Too much politics.... No job security.... No scope for growth....management will never favour employees....

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Renold Chain Production Engineer Salary FAQs

What is the salary of Production Engineer at Renold Chain ?

The average salary of a Production Engineer at Renold Chain in India typically ranges from ₹2.6 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Production Engineer at Renold Chain earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Production Engineer Salaries at Renold Chain 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 8 Renold Chain employees in India.

What is the estimated take home salary of a Production Engineer at Renold Chain in India?

The estimated take-home salary of a Production Engineer at Renold Chain in India typically ranges from ₹21,857 to ₹23,342 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 8 salaries received from various employees of Renold Chain. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Renold Chain for Production Engineer in India?

L&T–MHI Power Boilers	₹3.0 Lakhs to ₹10.8 Lakhs per year
Kirloskar Toyota Textile Machinery	₹1.8 Lakhs to ₹11.0 Lakhs per year
Gilbarco Veeder Root	₹1.8 Lakhs to ₹8.5 Lakhs per year
Bharat Bijlee	₹4.2 Lakhs to ₹6.4 Lakhs per year
Schenck Process India	₹4.3 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Renold Chain, depending on the role and experience level.

What is the salary of a Production Engineer in companies similar to Renold Chain in India?

The salary of a Production Engineer at companies similar to Renold Chain in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Veer-O-- Metals	₹3.5 Lakhs to ₹7.0 Lakhs per year
PIX Transmissions	₹2.1 Lakhs to ₹6.6 Lakhs per year
Phoenix Mecano	₹2.6 Lakhs to ₹6.0 Lakhs per year
Maschio Gaspardo	₹3.0 Lakhs to ₹6.4 Lakhs per year
Putzmeister Concrete Machines	₹3.6 Lakhs to ₹5.1 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 Production Engineer at Renold Chain in India?

The salary growth for a Production Engineer at Renold Chain depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Renold Chain:

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.4 Lakhs per year
6 years	₹2.7 Lakhs to ₹5.5 Lakhs per year
7 years	₹1.2 Lakhs to ₹3.2 Lakhs per year

and so on.

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Renold Chain Production Engineer Salaries

Renold Chain Production Engineer salary in India ranges between ₹2.6 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Renold Chain latest salaries received from various employees of Renold Chain.