Rico Auto Industries Apprentice Engineer Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹1.5 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

62% less than the average Apprentice Engineer Salary in Auto Components Companies for 0 - 2 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Rico Auto Industries for Apprentice Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Apprentice Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3.9 L/yr 58% more
TVS Sundram Fasteners Apprentice Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2 L/yr 9% less
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Samvardhana Motherson Group Apprentice Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.1 L/yr - ₹2.2 L/yr 9% less
Endurance Technologies Apprentice Engineer Salary 0 - 3 years exp. (9 salaries)	₹1.2 L/yr - ₹2.5 L/yr 13% less
Exide Industries Apprentice Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr 20% less
JBM Group Apprentice Engineer Salary 0 - 1 year exp. (5 salaries)	₹1.6 L/yr - ₹1.7 L/yr 15% less
L.G.Balakrishnan & Bros Apprentice Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.3 L/yr 4% less
Subros Apprentice Engineer Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹2.3 L/yr 12% more

Apprentice Engineer salary at Rico Auto Industries ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Apprentice Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

Similar Designation salaries in Rico Auto Industries

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Associate Engineer Trainee Salary

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₹3.1 L/yr - ₹6 L/yr

Mechanical Engineer Salary

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₹1.6 L/yr - ₹5 L/yr

Production Manager Salary

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₹7 L/yr - ₹17.2 L/yr

Graduate Engineer Trainee (Get) Salary

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₹1.5 L/yr - ₹3 L/yr

Salary related reviews for Rico Auto Industries

3.1

Rated by 3 employees for salary & benefits

Apprentice

Quality Assurance Department

5.0

• posted on 13 Sep 2018

5.0

for Salary and Benefits

Likes

This company is open to innovation & Adopt latest technology.i love that I am a part of this company.this company have market reliable & high quality product.Another plus point is that my colleagues come from various cultural background & we work happily in collaboration.😊😊

Salary - Excellent

+6 more

Dislikes

Compensation is decent,but growth is slow.

Production Manager in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Sep 2017

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products & has a global client base.

Skill development - Excellent

+5 more

Dislikes

Compensation is decent, but growth is slow.

Deputy General Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 22 Apr 2022

3.0

for Salary and Benefits

Likes

No Pros about working at RICO

Job security - Good

Dislikes

Office Politics Non-Co-operative colleagues and seniors No growth in terms of salary Management do not value individuals strengths Office systems are worse No WFH Even during the peak covid time they asked employee to come to office without thinking about their family and lives.

Skill development - Bad

+3 more

Program Manager in Manesar

Project & Program Management Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Cleanliness

Dislikes

Unorganised, unsupportive Management, zero learning, salary deduction without any notice. Forget your hard earned bonus without any explanation. not a policy driven unit of RICO group. Two years of bond. Deduction on FnF will not be explained. Bunch of literate but illeterate deptt head.

Salary - Bad

+6 more

DIE Fitter in Bawal

Research & Development Department

5.0

• posted on 13 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new

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Rico Auto Industries Apprentice Engineer Salary FAQs

What is the salary of Apprentice Engineer at Rico Auto Industries?

Apprentice Engineer salary at Rico Auto Industries in India ranges between ₹1.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 62% less than the average Apprentice Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries India.

How does the salary of a Apprentice Engineer at Rico Auto Industries India compare with the average salary range for this job?

The average salary of a Apprentice Engineer at Rico Auto Industries is 62% less than the average salary of a Apprentice Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Rico Auto Industries to a Apprentice Engineer in India?

Bharat Forge Apprentice Engineer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year
Subros Apprentice Engineer Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year

What is the salary of a Apprentice Engineer in companies similar to Rico Auto Industries in India?

L.G.Balakrishnan & Bros Apprentice Engineer Salary - ₹1.5 Lakhs to ₹2.3 Lakhs per year
TVS Sundram Fasteners Apprentice Engineer Salary - ₹1.5 Lakhs to ₹2.0 Lakhs per year
Samvardhana Motherson Group Apprentice Engineer Salary - ₹1.1 Lakhs to ₹2.2 Lakhs per year
Endurance Technologies Apprentice Engineer Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year
JBM Group Apprentice Engineer Salary - ₹1.6 Lakhs to ₹1.7 Lakhs per year

What is the estimated take home salary of a Apprentice Engineer at Rico Auto Industries in India?

The estimated take-home salary of a Apprentice Engineer at Rico Auto Industries ranges between ₹13,286 per month to ₹14,705 per month in India. The take-home salary calculation is based on the average Rico Auto Industries Apprentice Engineer salary in India which ranges between ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Apprentice Engineer at Rico Auto Industries?

According to AmbitionBox, 100% of the Rico Auto Industries Apprentice Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Rico Auto Industries Apprentice Engineer Salaries

Rico Auto Industries Apprentice Engineer salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.