Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary7% more than the average Diploma Mechanical Engineer Salary in Auto Components Companies for 0 - 8 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
Diploma Mechanical Engineer Salary
0 - 7
years
exp.
(3
salaries)
|  ₹2.4 L/yr - ₹3 L/yr |
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| |
Quality Assurance
Diploma Mechanical Engineer Salary
7 - 8
years
exp.
(3
salaries)
| ₹3.1 L/yr - ₹3.3 L/yr |
Companies similar to Rico Auto Industries for Diploma Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 NBC Bearings Diploma Mechanical Engineer Salary
2 - 8 years exp. (106 salaries) | ₹1.7 L/yr - ₹4.2 L/yr 
12%
more | |
 Subros Diploma Mechanical Engineer Salary
0 - 3 years exp. (57 salaries) | ₹1.2 L/yr - ₹2.5 L/yr 
35%
less | |
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| ||
 JBM Group Diploma Mechanical Engineer Salary
0 - 5 years exp. (48 salaries) | ₹1.2 L/yr - ₹4.5 L/yr
16%
less | |
 JTEKT Diploma Mechanical Engineer Salary
0 - 5 years exp. (41 salaries) | ₹1.2 L/yr - ₹3.7 L/yr
22%
less | |
 Schaeffler India Diploma Mechanical Engineer Salary
1 - 7 years exp. (38 salaries) | ₹1.1 L/yr - ₹4.2 L/yr
13%
less | |
 Wheels Diploma Mechanical Engineer Salary
0 - 6 years exp. (30 salaries) | ₹1.3 L/yr - ₹4 L/yr
23%
less | |
 SKF Diploma Mechanical Engineer Salary
1 - 6 years exp. (26 salaries) | ₹1.5 L/yr - ₹3 L/yr
28%
less | |
 Sona Comstar Diploma Mechanical Engineer Salary
0 - 6 years exp. (26 salaries) | ₹1.5 L/yr - ₹3 L/yr
18%
less | |
 Bharat Forge Diploma Mechanical Engineer Salary
0 - 4 years exp. (24 salaries) | ₹1.2 L/yr - ₹3 L/yr
25%
less | |
 TVS Sundram Fasteners Diploma Mechanical Engineer Salary
1 - 8 years exp. (20 salaries) | ₹1.1 L/yr - ₹4 L/yr
20%
less | |
 L.G.Balakrishnan & Bros Diploma Mechanical Engineer Salary
1 - 8 years exp. (16 salaries) | ₹1.5 L/yr - ₹4 L/yr
27%
less | |
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| ||
 CIE Automotive Diploma Mechanical Engineer Salary
0 - 7 years exp. (15 salaries) | ₹1.8 L/yr - ₹3 L/yr
21%
less | |
 Endurance Technologies Diploma Mechanical Engineer Salary
1 - 5 years exp. (12 salaries) | ₹1.8 L/yr - ₹3.2 L/yr
16%
less | |
 Sundaram Clayton Diploma Mechanical Engineer Salary
1 - 6 years exp. (12 salaries) | ₹1.2 L/yr - ₹3.5 L/yr
18%
less | |
 Magna International Diploma Mechanical Engineer Salary
1 - 5 years exp. (12 salaries) | ₹1.8 L/yr - ₹3.4 L/yr
10%
less | |
 Steel Strips Wheels Diploma Mechanical Engineer Salary
1 - 4 years exp. (8 salaries) | ₹0.2 L/yr - ₹2.4 L/yr
29%
less | |
 Asahi India Glass Diploma Mechanical Engineer Salary
0 - 4 years exp. (8 salaries) | ₹1.5 L/yr - ₹2.8 L/yr
29%
less | |
 Gabriel India Diploma Mechanical Engineer Salary
1 - 5 years exp. (8 salaries) | ₹2.5 L/yr - ₹3.9 L/yr
4%
less | |
 Imperial Auto Industries Diploma Mechanical Engineer Salary
2 - 9 years exp. (7 salaries) | ₹2.1 L/yr - ₹5.3 L/yr
19%
more | |
 Sharda Motor Industries Diploma Mechanical Engineer Salary
1 - 3 years exp. (6 salaries) | ₹1.5 L/yr - ₹2.1 L/yr
34%
less | |
Latest annual salaries shared by Rico Auto Industries Diploma Mechanical Engineer
Experience wise Rico Auto Industries Diploma Mechanical Engineer salaries
Last Updated: 2 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹2.4
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹1
L/yr
- ₹2.5
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹3
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹3.1
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹3.2
L/yr
|
Similar Designation salaries in Rico Auto Industries
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Rico Auto Industries Diploma Mechanical Engineer Salary FAQs
The top 10% of Diploma Mechanical Engineer at Rico Auto Industries earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Diploma Mechanical 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 7 Rico Auto Industries employees in India.
| Imperial Auto Industries | ₹2.1 Lakhs to ₹5.3 Lakhs per year |
| NBC Bearings | ₹1.7 Lakhs to ₹4.2 Lakhs per year |
| Lumax Industries | ₹2.1 Lakhs to ₹3.0 Lakhs per year |
| Balkrishna Industries | ₹2.2 Lakhs to ₹3.5 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.
| Spark Minda | ₹2.2 Lakhs to ₹3.3 Lakhs per year |
| Gabriel India | ₹2.5 Lakhs to ₹3.9 Lakhs per year |
| Magna International | ₹1.8 Lakhs to ₹3.4 Lakhs per year |
| Schaeffler India | ₹1.1 Lakhs to ₹4.2 Lakhs per year |
| Endurance Technologies | ₹1.8 Lakhs to ₹3.2 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.4 Lakhs to ₹2.4 Lakhs per year |
| 1 year | ₹1.0 Lakhs to ₹2.5 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹3.0 Lakhs per year |
| 3 years | ₹2.4 Lakhs to ₹3.1 Lakhs per year |
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Rico Auto Industries Diploma Mechanical Engineer Salaries by Location
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Rico Auto Industries Diploma Mechanical Engineer salary
in
India
ranges between ₹2.4
Lakhs to ₹3.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Rico Auto Industries latest salaries received from various employees of
Rico Auto Industries.