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

0 - 4 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Graduate Engineer Salary in Auto Components Companies for 0 - 4 years of experience

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Salaries in different departments

Quality Assurance Graduate Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.4 L/yr
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Production, Manufacturing & Engineering Graduate Engineer Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 16 Mar 2025

Companies similar to Rico Auto Industries for Graduate Engineer

Company name	Avg Annual Salary	Open Jobs
Wheels Graduate Engineer Salary 0 - 3 years exp. (27 salaries)	₹2 L/yr - ₹4.3 L/yr 5% more
Asahi India Glass Graduate Engineer Salary 0 - 1 year exp. (19 salaries)	₹3 L/yr - ₹5.1 L/yr 53% more
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Magna International Graduate Engineer Salary 0 - 2 years exp. (14 salaries)	₹3.5 L/yr - ₹6 L/yr 47% more
TVS Sundram Fasteners Graduate Engineer Salary 0 - 3 years exp. (11 salaries)	₹1.7 L/yr - ₹4.5 L/yr 2% more
Bharat Forge Graduate Engineer Salary 0 - 2 years exp. (8 salaries)	₹3 L/yr - ₹4.9 L/yr 21% more
Balkrishna Industries Graduate Engineer Salary 0 - 1 year exp. (7 salaries)	₹3.8 L/yr - ₹4.4 L/yr 38% more
DENSO Graduate Engineer Salary 0 - 1 year exp. (7 salaries)	₹5 L/yr - ₹6 L/yr 86% more
CIE Automotive Graduate Engineer Salary 0 - 2 years exp. (7 salaries)	₹3 L/yr - ₹4.2 L/yr 34% more
Tata AutoComp Systems Graduate Engineer Salary 0 - 2 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 63% more
Sharda Motor Industries Graduate Engineer Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3.5 L/yr 3% more
Spark Minda Graduate Engineer Salary 0 - 2 years exp. (6 salaries)	₹3.2 L/yr - ₹6 L/yr 51% more
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Pricol Graduate Engineer Salary 2 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹5.1 L/yr 60% more
Sandhar Technologies Graduate Engineer Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.1 L/yr 2% more
L.G.Balakrishnan & Bros Graduate Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.3 L/yr - ₹2.9 L/yr 12% less
Lumax Industries Graduate Engineer Salary 0 - 3 years exp. (4 salaries)	₹3.3 L/yr - ₹3.3 L/yr 11% more
Schaeffler India Graduate Engineer Salary 0 - 1 year exp. (4 salaries)	₹4.8 L/yr - ₹6 L/yr 80% more
Lear Corporation Graduate Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 23% more
Steel Strips Wheels Graduate Engineer Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹2.7 L/yr 18% less
NBC Bearings Graduate Engineer Salary 0 - 1 year exp. (4 salaries)	₹4 L/yr - ₹5.8 L/yr 66% more
SKF Graduate Engineer Salary 0 - 1 year exp. (4 salaries)	₹2.6 L/yr - ₹8 L/yr 134% more

View all

Graduate Engineer salary at Rico Auto Industries ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Graduate Engineer salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in Rico Auto Industries

Quality Engineer Salary

(47 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Production Engineer Salary

(45 salaries)

₹2 L/yr - ₹7.5 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Shift Engineer Salary

(3 salaries)

₹3.1 L/yr - ₹6.2 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(46 salaries)

₹3.8 L/yr - ₹6.1 L/yr

Assistant Engineer Salary

(46 salaries)

₹1.8 L/yr - ₹4 L/yr

Design Engineer Salary

(9 salaries)

₹2.3 L/yr - ₹7 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.

see more salary related reviews

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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

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Rico Auto Industries Graduate Engineer Salary FAQs

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

The average salary of a Graduate Engineer at Rico Auto Industries in India typically ranges from ₹1.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Graduate Engineer at Rico Auto Industries earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Graduate 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 4 Rico Auto Industries employees in India.

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

The estimated take-home salary of a Graduate Engineer at Rico Auto Industries in India typically ranges from ₹21,097 to ₹22,743 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 Graduate Engineer in India?

SKF	₹2.6 Lakhs to ₹8.0 Lakhs per year
DENSO	₹5.0 Lakhs to ₹6.0 Lakhs per year
Schaeffler India	₹4.8 Lakhs to ₹6.0 Lakhs per year
NBC Bearings	₹4.0 Lakhs to ₹5.8 Lakhs per year
Tata AutoComp Systems	₹3.0 Lakhs to ₹7.0 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.

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

The salary of a Graduate 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:

Pricol	₹4.5 Lakhs to ₹5.1 Lakhs per year
Asahi India Glass	₹3.0 Lakhs to ₹5.1 Lakhs per year
Spark Minda	₹3.2 Lakhs to ₹6.0 Lakhs per year
Magna International	₹3.5 Lakhs to ₹6.0 Lakhs per year
Sona Comstar	₹4.1 Lakhs to ₹4.5 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 Graduate Engineer at Rico Auto Industries in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Rico Auto Industries Graduate Engineer Salaries

Rico Auto Industries Graduate Engineer salary in India ranges between ₹1.8 Lakh to ₹3.6 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.