Rico Auto Industries Associate Engineer Salaries by 200+ Employees (Updated 2025)

1 - 5 years exp.

₹1.8 Lakh - ₹4 Lakhs

Salary of majority employees

51% less than the average Associate Engineer Salary in Auto Components Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Associate Engineer Salary 1 - 5 years exp. (120 salaries)	₹2 L/yr - ₹4 L/yr
Quality Assurance Associate Engineer Salary 1 - 5 years exp. (55 salaries)	₹2 L/yr - ₹3.4 L/yr
Login to view exact salary
Research & Development Associate Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr

Last Updated: 23 Mar 2025

Companies similar to Rico Auto Industries for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Shriram Pistons & Rings Associate Engineer Salary 1 - 9 years exp. (146 salaries)	₹2 L/yr - ₹5.4 L/yr 33% more
JTEKT Associate Engineer Salary 0 - 5 years exp. (16 salaries)	₹1.6 L/yr - ₹3.6 L/yr 2% more
Login to view exact salary
Magna International Associate Engineer Salary 1 - 3 years exp. (15 salaries)	₹4.8 L/yr - ₹9 L/yr 125% more
TVS Sundram Fasteners Associate Engineer Salary 3 - 6 years exp. (12 salaries)	₹2 L/yr - ₹2.5 L/yr 16% less
NBC Bearings Associate Engineer Salary 2 - 12 years exp. (10 salaries)	₹3.1 L/yr - ₹6.3 L/yr 66% more
Spark Minda Associate Engineer Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.1 L/yr 4% less
Tata AutoComp Systems Associate Engineer Salary 1 - 3 years exp. (6 salaries)	₹1.3 L/yr - ₹3.8 L/yr 1% less
Lear Corporation Associate Engineer Salary 2 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 10% more
L.G.Balakrishnan & Bros Associate Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr 17% less
Lumax Industries Associate Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.1 L/yr 35% less
Schaeffler India Associate Engineer Salary 1 - 2 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 123% more
Login to view exact salary
Steel Strips Wheels Associate Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 39% more
SKF Associate Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 23% less
Pricol Associate Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 9% less
Subros Associate Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 26% less
JBM Group Associate Engineer Salary 1 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3.5 L/yr 20% more

Associate Engineer salary at Rico Auto Industries ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 220 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Associate Engineer salaries

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
1 year (31 salaries)	₹1.8 L/yr - ₹3.2 L/yr
2 years (48 salaries)	₹2 L/yr - ₹3.2 L/yr
Login to view exact salary
3 years (58 salaries)	₹2 L/yr - ₹3.4 L/yr
4 years (48 salaries)	₹2 L/yr - ₹3.7 L/yr
5 years (35 salaries)	₹2 L/yr - ₹4 L/yr

Similar Designation salaries in Rico Auto Industries

Project Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Engineer Salary

(52 salaries)

₹3.8 L/yr - ₹6.1 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹28.4 L/yr - ₹36.2 L/yr

Programmer Analyst Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Top skills at Rico Auto Industries for Associate Engineer

Material Handling Micro Proteus

Salary related reviews for Rico Auto Industries

3.4

Rated by 41 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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Rico Auto Industries?

Ask anonymously on communities.

Rico Auto Industries Associate Engineer Salary FAQs

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

The average salary of a Associate Engineer at Rico Auto Industries in India typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Associate Engineer at Rico Auto Industries earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Associate Engineer 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 200+ Rico Auto Industries employees in India.

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

The estimated take-home salary of a Associate Engineer at Rico Auto Industries in India typically ranges from ₹18,994 to ₹20,672 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 200+ salaries received from various employees of Rico Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Engineer at Rico Auto Industries ?

To be a Associate Engineer at Rico Auto Industries in india, the key skills required include:

- Material Handling
- Micro
- Proteus

These skills are highly valued at Rico Auto Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Rico Auto Industries for Associate Engineer in India?

Magna International	₹4.8 Lakhs to ₹9.0 Lakhs per year
Schaeffler India	₹5.4 Lakhs to ₹6.9 Lakhs per year
NBC Bearings	₹3.1 Lakhs to ₹6.3 Lakhs per year
Steel Strips Wheels	₹3.0 Lakhs to ₹5.5 Lakhs per year
Shriram Pistons & Rings	₹2.0 Lakhs to ₹5.4 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 Associate Engineer in companies similar to Rico Auto Industries in India?

The salary of a Associate Engineer at companies similar to Rico Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JBM Group	₹2.8 Lakhs to ₹3.5 Lakhs per year
Lear Corporation	₹2.3 Lakhs to ₹3.5 Lakhs per year
JTEKT	₹1.6 Lakhs to ₹3.6 Lakhs per year
Tata AutoComp Systems	₹1.3 Lakhs to ₹3.8 Lakhs per year
Spark Minda	₹2.0 Lakhs to ₹3.1 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 Associate Engineer at Rico Auto Industries in India?

The salary growth for a Associate Engineer at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.7 Lakhs per year

and so on.

Tell us how to improve this page.

Rico Auto Industries Associate Engineer Salaries by Location

Home >
Salaries >
Rico Auto Industries Salaries >
Rico Auto Industries Associate Engineer Salaries

Rico Auto Industries Associate Engineer salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 220 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.

Rico Auto Industries Associate Engineer salaries in India (Updated 2025)

Companies similar to Rico Auto Industries for Associate Engineer

Latest annual salaries shared by Rico Auto Industries Associate Engineer

Experience wise Rico Auto Industries Associate Engineer salaries

Similar Designation salaries in Rico Auto Industries

Top skills at Rico Auto Industries for Associate Engineer

Salary related reviews for Rico Auto Industries

Deputy General Manager in Gurgaon / Gurugram

Program Manager in Manesar

DIE Fitter in Bawal

Quality Assurance/Quality Control Manager in Bawal

Quality in Bhiwadi

Rico Auto Industries Associate Engineer Salary FAQs

Tell us how to improve this page.

Rico Auto Industries Associate Engineer Salaries by Location