Rico Auto Industries Deputy Manager Grade 2 Salaries by 5 Employees (Updated 2025)

7 - 12 years exp.

₹4.4 Lakhs - ₹7.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Deputy Manager Grade 2 Salary in Auto Components Companies for 7 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Deputy Manager Grade 2 Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
Research & Development Deputy Manager Grade 2 Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 12 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 20 Mar 2025

Companies similar to Rico Auto Industries for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
Sandhar Technologies Deputy Manager Grade 2 Salary 15 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹15.9 L/yr 107% more
Tata AutoComp Systems Deputy Manager Grade 2 Salary 10 - 12 years exp. (4 salaries)	₹8.7 L/yr - ₹15 L/yr 93% more
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Wheels Deputy Manager Grade 2 Salary 14 - 20 years exp. (3 salaries)	₹10.5 L/yr - ₹15 L/yr 113% more
TVS Sundram Fasteners Deputy Manager Grade 2 Salary 13 - 22 years exp. (3 salaries)	₹14.5 L/yr - ₹15.1 L/yr 148% more
JBM Group Deputy Manager Grade 2 Salary 10 - 18 years exp. (3 salaries)	₹11.5 L/yr - ₹12.5 L/yr 104% more

Deputy Manager Grade 2 salary at Rico Auto Industries ranges between ₹4.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Deputy Manager Grade 2 salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
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9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

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Similar Designation salaries in Rico Auto Industries

Deputy Manager Salary

(208 salaries)

₹4 L/yr - ₹10 L/yr

Sales Manager Salary

(3 salaries)

₹2 L/yr - ₹5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Quality Analyst Salary

(5 salaries)

₹1.8 L/yr - ₹2 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Process Associate Salary

(3 salaries)

₹1 L/yr - ₹5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Rico Auto Industries

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.

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Salary Discussions, Hike & Promotions

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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Rico Auto Industries Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Rico Auto Industries ?

The average salary of a Deputy Manager Grade 2 at Rico Auto Industries in India typically ranges from ₹4.4 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Deputy Manager Grade 2 at Rico Auto Industries earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Deputy Manager Grade 2 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 5 Rico Auto Industries employees in India.

What is the estimated take home salary of a Deputy Manager Grade 2 at Rico Auto Industries in India?

The estimated take-home salary of a Deputy Manager Grade 2 at Rico Auto Industries in India typically ranges from ₹44,442 to ₹45,541 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 7 years to 12 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 5 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 Deputy Manager Grade 2 in India?

TVS Sundram Fasteners	₹14.5 Lakhs to ₹15.1 Lakhs per year
Wheels	₹10.5 Lakhs to ₹15.0 Lakhs per year
Sandhar Technologies	₹8.5 Lakhs to ₹15.9 Lakhs per year
JBM Group	₹11.5 Lakhs to ₹12.5 Lakhs per year
Tata AutoComp Systems	₹8.7 Lakhs to ₹15.0 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.

How the salary growth look like for a Deputy Manager Grade 2 at Rico Auto Industries in India?

The salary growth for a Deputy Manager Grade 2 at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
7 years	₹7.5 Lakhs to ₹7.5 Lakhs per year
8 years	₹2.7 Lakhs to ₹7.5 Lakhs per year
9 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
10 years	₹4.4 Lakhs to ₹9.8 Lakhs per year

and so on.

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Rico Auto Industries Deputy Manager Grade 2 Salaries

Rico Auto Industries Deputy Manager Grade 2 salary in India ranges between ₹4.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.