Rico Auto Industries Assistant Manager - R&D Salaries by 4 Employees (Updated 2025)

4 - 11 years exp.

₹4.8 Lakhs - ₹6.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Assistant Manager - R&D Salary in Auto Components Companies for 4 - 11 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager - R&D Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.4 L/yr
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Research & Development Assistant Manager - R&D Salary 4 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 1 Feb 2025

Companies similar to Rico Auto Industries for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
Gabriel India Assistant Manager - R&D Salary 3 - 12 years exp. (13 salaries)	₹6.2 L/yr - ₹12 L/yr 52% more
Bharat Forge Assistant Manager - R&D Salary 4 - 15 years exp. (8 salaries)	₹4.5 L/yr - ₹9.9 L/yr 15% more
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Subros Assistant Manager - R&D Salary 2 - 10 years exp. (7 salaries)	₹7.6 L/yr - ₹18 L/yr 115% more
DENSO Assistant Manager - R&D Salary 5 - 11 years exp. (7 salaries)	₹9.3 L/yr - ₹14 L/yr 103% more
Endurance Technologies Assistant Manager - R&D Salary 8 - 10 years exp. (6 salaries)	₹8 L/yr - ₹10 L/yr 56% more
Steel Strips Wheels Assistant Manager - R&D Salary 3 - 7 years exp. (6 salaries)	₹5.4 L/yr - ₹6 L/yr 2% less
NBC Bearings Assistant Manager - R&D Salary 4 - 10 years exp. (6 salaries)	₹6 L/yr - ₹8 L/yr 16% more
JBM Group Assistant Manager - R&D Salary 6 - 10 years exp. (6 salaries)	₹6.3 L/yr - ₹9 L/yr 32% more
L.G.Balakrishnan & Bros Assistant Manager - R&D Salary 12 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹8.4 L/yr 23% more
Lumax Industries Assistant Manager - R&D Salary 10 - 13 years exp. (4 salaries)	₹9 L/yr - ₹11.3 L/yr 72% more
Wheels Assistant Manager - R&D Salary 4 - 7 years exp. (4 salaries)	₹6.2 L/yr - ₹7 L/yr 8% more
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Sundaram Clayton Assistant Manager - R&D Salary 7 - 10 years exp. (4 salaries)	₹8.8 L/yr - ₹14.1 L/yr 79% more
Balkrishna Industries Assistant Manager - R&D Salary 5 - 9 years exp. (4 salaries)	₹8 L/yr - ₹14.5 L/yr 92% more
TVS Sundram Fasteners Assistant Manager - R&D Salary 7 - 15 years exp. (3 salaries)	₹8.2 L/yr - ₹9.5 L/yr 52% more
Sona Comstar Assistant Manager - R&D Salary 8 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹14 L/yr 88% more

Assistant Manager - R&D salary at Rico Auto Industries ranges between ₹4.8 Lakhs to ₹6.7 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Assistant Manager - R&D salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr

View all

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₹2.95 L/yr - ₹4.5 L/yr

Graduate Engineer Apprentice Trainee Salary

(3 salaries)

₹1.7 L/yr - ₹2 L/yr

Deputy Manager Research Development Salary

(3 salaries)

₹6.5 L/yr - ₹7.5 L/yr

Deputy Manager Engineering Salary

(3 salaries)

₹5.8 L/yr - ₹7.1 L/yr

Salary related reviews for Rico Auto Industries

4.0

Rated by 1 employees for salary & benefits

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

Quality Assurance/Quality Control Manager in Bawal

Quality Department

1.0

• posted on 07 Feb 2021

3.0

for Salary and Benefits

Likes

Nothing in specific Job security -0 in quality you can be fired any time Every year they fire quality HOD, They fire only new person .

Dislikes

.....Quality is unsafe job at least don't join manager and above....don't join ....don't come for salary only ...new people are either fired with in1 year or they will run by own.....Lala think quality person makes quality and only responsible for quality.....discipline is Zero.....no support from senior....they will make you responsible for everything .....every body saving there jobs .....Never ever join this Bawal plant. Unless you don't have job .

Skill development - Bad

+5 more

Quality in Bhiwadi

Production, Manufacturing & Engineering Department

4.0

• posted on 09 Jan 2020

4.0

for Salary and Benefits

Likes

The company adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. Another plus point is that my colleagues come from various cultural backgrounds and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Good

+4 more

Dislikes

Compensation is decent, but growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

94 participants . expiring in 2d

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Rico Auto Industries Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Rico Auto Industries ?

The average salary of a Assistant Manager - R&D at Rico Auto Industries in India typically ranges from ₹4.8 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Assistant Manager - R&D at Rico Auto Industries earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Assistant Manager - R&D Salaries at Rico Auto 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 Rico Auto Industries employees in India.

What is the estimated take home salary of a Assistant Manager - R&D at Rico Auto Industries in India?

The estimated take-home salary of a Assistant Manager - R&D at Rico Auto Industries in India typically ranges from ₹45,025 to ₹46,115 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 4 years to 11 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 Rico Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rico Auto Industries for Assistant Manager - R&D in India?

Subros	₹7.6 Lakhs to ₹18.0 Lakhs per year
DENSO	₹9.3 Lakhs to ₹14.0 Lakhs per year
Balkrishna Industries	₹8.0 Lakhs to ₹14.5 Lakhs per year
Sona Comstar	₹7.5 Lakhs to ₹14.0 Lakhs per year
Sundaram Clayton	₹8.8 Lakhs to ₹14.1 Lakhs per year

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

What is the salary of a Assistant Manager - R&D in companies similar to Rico Auto Industries in India?

The salary of a Assistant Manager - R&D at companies similar to Rico Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lumax Industries	₹9.0 Lakhs to ₹11.3 Lakhs per year
Endurance Technologies	₹8.0 Lakhs to ₹10.0 Lakhs per year
TVS Sundram Fasteners	₹8.2 Lakhs to ₹9.5 Lakhs per year
Gabriel India	₹6.2 Lakhs to ₹12.0 Lakhs per year
JBM Group	₹6.3 Lakhs to ₹9.0 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 Assistant Manager - R&D at Rico Auto Industries in India?

The salary growth for a Assistant Manager - R&D at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹5.2 Lakhs to ₹6.7 Lakhs per year

and so on.

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Rico Auto Industries Assistant Manager - R&D Salaries

Rico Auto Industries Assistant Manager - R&D salary in India ranges between ₹4.8 Lakhs to ₹6.7 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.