Setco Spindles India Chennai Salaries by 30+ Employees (Updated 2025)

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Assistant Sales Manager 5 - 7 years exp. · Chennai (3 salaries)	₹5 L/yr - ₹6.5 L/yr
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Operations Engineer 1 - 2 years exp. · Chennai (3 salaries)	₹2.1 L/yr - ₹7 L/yr
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Machinist 9 - 11 years exp. · Chennai (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr
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Assembly Technician 4 - 6 years exp. · Chennai (3 salaries)	₹1.9 L/yr - ₹2.9 L/yr
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Technical Sales Manager 9 - 17 years exp. · Chennai (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
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Assistant Accounts Manager 9 - 10 years exp. · Chennai (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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Mechanical Engineer 6 - 10 years exp. · Chennai (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Quality Engineer 2 - 3 years exp. · Chennai (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr
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Quality Analyst 1 year exp. · Chennai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Test Engineer 12 years exp. · Chennai (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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Executive Accountant 6 years exp. · Chennai (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Assembly Engineer 6 years exp. · Chennai (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Assembler 4 years exp. · Chennai (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Staff Engineer 3 years exp. · Chennai (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.1 L/yr
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Maintenance Engineer 6 years exp. · Chennai (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Sales Coordinator 2 years exp. · Chennai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Senior Technical Sales Manager 9 years exp. · Chennai (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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Assistant Manager Technical Sales 8 years exp. · Chennai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Machine Operator 18 years exp. · Chennai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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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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Salary related reviews for Setco Spindles India

4.5

Rated by 3 employees for salary & benefits

Assistant Sales Manager in Pune

Full Time

Sales Department

5.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

Have all the freedom of taking decisions and excute them. If it fails you will encourage in right direction. Management is supportive if you are following the core values set by the organisation.

Skill development - Good

+4 more

Dislikes

Nothing

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Know more about Setco Spindles India Chennai

Setco Spindles India Salary FAQs

How much does Setco Spindles India pay to its employees?

The average annual salary at Setco Spindles India varies depending on the role, experience, and location. The salary ranges for some popular designations at Setco Spindles India, are as follows:

Assistant Sales Manager	₹5 Lakhs to ₹6.5 Lakhs per year
Operations Engineer	₹2.1 Lakhs to ₹7 Lakhs per year
Machinist	₹1.8 Lakhs to ₹2.4 Lakhs per year
Assembly Technician	₹1.9 Lakhs to ₹2.9 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4.5 Lakhs to ₹10 Lakhs per year. The top 10% of employees earn more than ₹9 Lakhs per year, and the top 1% earn over ₹40 Lakhs per year. Salaries at Setco Spindles 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 salary estimates are based on data from 31 salaries submitted by Setco Spindles India employees. Setco Spindles India is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Setco Spindles India , Chennai is INR . Salary estimates are based on 30+ Setco Spindles India latest salaries received from various employees of Setco Spindles India.