ROYAL TOOLS INDIA Faridabad Production Manager Salaries by 4 Employees

11 - 18 years exp.

₹4.8 Lakhs - ₹7.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Production Manager Salary for 11 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5 L/yr
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Research & Development Production Manager Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.8 L/yr

Last Updated: 31 May 2024

Companies similar to ROYAL TOOLS INDIA for Production Manager in Faridabad

ROYAL TOOLS INDIA Production Manager Salary

11 - 18 years exp. (4 salaries)

₹4.8 L/yr - ₹7.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Escorts Kubota Limited Production Manager Salary 10 - 17 years exp. (57 salaries)	₹6.9 L/yr - ₹17 L/yr 72% more
Imperial Auto Industries Production Manager Salary 10 - 19 years exp. (17 salaries)	₹7.2 L/yr - ₹11 L/yr 46% more
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Escorts Construction Equipment Production Manager Salary 9 - 15 years exp. (10 salaries)	₹7.6 L/yr - ₹12.1 L/yr 71% more
Bony Polymers Production Manager Salary 10 - 15 years exp. (9 salaries)	₹7.8 L/yr - ₹11.7 L/yr 60% more
Sietz Technologies Production Manager Salary 11 - 19 years exp. (9 salaries)	₹7 L/yr - ₹12 L/yr 65% more

Production Manager salary at ROYAL TOOLS INDIA ranges between ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of ROYAL TOOLS INDIA.

Experience wise ROYAL TOOLS INDIA Production Manager salaries in Faridabad

Last Updated: 31 May 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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15+ years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

Similar Designation salaries in ROYAL TOOLS INDIA

Production Engineer Salary

(5 salaries)

₹1.4 L/yr - ₹2.4 L/yr

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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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ROYAL TOOLS INDIA Production Manager Salary FAQs

What is the salary of Production Manager at ROYAL TOOLS INDIA in Faridabad?

The average salary of a Production Manager at ROYAL TOOLS INDIA in Faridabad typically ranges from ₹4.8 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Production Manager in Faridabad at ROYAL TOOLS INDIA earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Production Manager Salaries at ROYAL TOOLS INDIA 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 ROYAL TOOLS INDIA employees in India.

What is the estimated take home salary of a Production Manager at ROYAL TOOLS INDIA in Faridabad?

The estimated take-home salary of a Production Manager at ROYAL TOOLS INDIA in Faridabad typically ranges from ₹45,396 to ₹46,481 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 11 years to 18 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 ROYAL TOOLS INDIA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ROYAL TOOLS INDIA for Production Manager in India?

Escorts Kubota Limited	₹6.9 Lakhs to ₹17.0 Lakhs per year
Escorts Construction Equipment	₹7.6 Lakhs to ₹12.1 Lakhs per year
Sietz Technologies	₹7.0 Lakhs to ₹12.0 Lakhs per year
Bony Polymers	₹7.8 Lakhs to ₹11.7 Lakhs per year
Imperial Auto Industries	₹7.2 Lakhs to ₹11.0 Lakhs per year

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

How the salary growth look like for a Production Manager at ROYAL TOOLS INDIA in Faridabad?

The salary growth for a Production Manager at ROYAL TOOLS INDIA in Faridabad depends on factors such as experience, performance, and promotions. On average, a Production Manager in Faridabad can expect the following growth trajectory at ROYAL TOOLS INDIA:

Experience	Average Salary Range
11 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
12 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
15 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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ROYAL TOOLS INDIA Production Manager Salaries in Faridabad

ROYAL TOOLS INDIA Production Manager salary in Faridabad ranges between ₹4.8 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ROYAL TOOLS INDIA latest salaries received from various employees of ROYAL TOOLS INDIA.