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Setco Spindles India Design Engineer salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹3.3 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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Fixed (93%)
₹3.8 Lakhs
Variable (7%)
₹0.3 Lakh
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20% less than the average Design Engineer Salary in Industrial Machinery Companies for 2 - 6 years of experience

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Salaries in different departments

Research & Development
Design Engineer Salary
2 - 5 years exp. (6 salaries)
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₹3.3 L/yr - ₹5.4 L/yr

Production, Manufacturing & Engineering
Design Engineer Salary
3 - 6 years exp. (4 salaries)
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₹3.8 L/yr - ₹4.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Setco Spindles India for Design Engineer

Company name Avg Annual Salary Open Jobs
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SPX Flow Technology Design Engineer Salary

4 - 9 years exp. (79 salaries)

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₹3.9 L/yr - ₹11.3 L/yr

arrow icon 109% more
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Sidel Design Engineer Salary

4 - 11 years exp. (55 salaries)

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₹4.8 L/yr - ₹12.5 L/yr

arrow icon 93% more
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Patil Automation Design Engineer Salary

0 - 7 years exp. (42 salaries)

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₹2.4 L/yr - ₹7.2 L/yr

arrow icon 2% less
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Axtel Industries Design Engineer Salary

1 - 11 years exp. (41 salaries)

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₹3.3 L/yr - ₹6 L/yr

arrow icon 12% more
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Trelleborg Design Engineer Salary

1 - 6 years exp. (37 salaries)

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₹2.1 L/yr - ₹7.8 L/yr

arrow icon 23% more
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₹5 L/yr - ₹9.1 L/yr

arrow icon 72% more
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₹4.3 L/yr - ₹10 L/yr

arrow icon 79% more
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Valmont Structures Design Engineer Salary

1 - 6 years exp. (23 salaries)

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₹3 L/yr - ₹8.4 L/yr

arrow icon 43% more
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Mehta Cad Cam Systems Design Engineer Salary

0 - 7 years exp. (23 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 30% less
1 job opening
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₹2.2 L/yr - ₹6 L/yr

At par
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Inductotherm Design Engineer Salary

1 - 7 years exp. (16 salaries)

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₹2.3 L/yr - ₹4.3 L/yr

arrow icon 17% less
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PMT Machines Design Engineer Salary

1 - 4 years exp. (16 salaries)

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₹2.7 L/yr - ₹5.2 L/yr

arrow icon 14% less
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ITL Industries Design Engineer Salary

2 - 6 years exp. (15 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 21% less
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₹4 L/yr - ₹8 L/yr

arrow icon 40% more
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₹3 L/yr - ₹4 L/yr

arrow icon 17% less
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KHD Humboldt Wedag Design Engineer Salary

1 - 11 years exp. (9 salaries)

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₹3.7 L/yr - ₹9.1 L/yr

arrow icon 41% more
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Kelvion Design Engineer Salary

1 - 6 years exp. (7 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 14% more
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UNI Klinger Design Engineer Salary

1 - 8 years exp. (7 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 8% more
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Ok Play Design Engineer Salary

3 - 5 years exp. (7 salaries)

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₹3 L/yr - ₹4.6 L/yr

arrow icon 15% less
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₹3.5 L/yr - ₹7.6 L/yr

arrow icon 27% more
View all
Design Engineer salary at Setco Spindles India ranges between ₹3.3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Setco Spindles India.

Latest annual salaries shared by Setco Spindles India Design Engineer

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Experience wise Setco Spindles India Design Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.5 L/yr
3 years  (3 salaries)

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₹3.3 L/yr - ₹4.5 L/yr
4 years  (3 salaries)

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₹3.6 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in Setco Spindles India

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₹4.5 L/yr - ₹6.5 L/yr
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₹4 L/yr - ₹4.6 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Setco Spindles India

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.

read more
  • Skill development - Good
  • +4 more

Dislikes

Nothing

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Setco Spindles India Design Engineer Salary FAQs

What is the salary of Design Engineer at Setco Spindles India ?
The average salary of a Design Engineer at Setco Spindles India in India typically ranges from ₹3.3 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Design Engineer at Setco Spindles India earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Design Engineer 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 estimates are based on salary data submitted by 10 Setco Spindles India employees in India.
What is the estimated take home salary of a Design Engineer at Setco Spindles India in India?
The estimated take-home salary of a Design Engineer at Setco Spindles India in India typically ranges from ₹30,297 to ₹31,607 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 10 salaries received from various employees of Setco Spindles India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Setco Spindles India for Design Engineer in India?
SPX Flow Technology ₹3.9 Lakhs to ₹11.3 Lakhs per year
Sidel ₹4.8 Lakhs to ₹12.5 Lakhs per year
HMT Machine Tools ₹3.0 Lakhs to ₹10.0 Lakhs per year
Donaldson India Filter Systems ₹4.3 Lakhs to ₹10.0 Lakhs per year
Mitsubishi Heavy Industries ₹3.5 Lakhs to ₹9.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Setco Spindles India, depending on the role and experience level.
What is the salary of a Design Engineer in companies similar to Setco Spindles India in India?
The salary of a Design Engineer at companies similar to Setco Spindles India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Crane Process Flow Technologies India ₹5.0 Lakhs to ₹9.1 Lakhs per year
Valmont Structures ₹3.0 Lakhs to ₹8.4 Lakhs per year
KHD Humboldt Wedag ₹3.7 Lakhs to ₹9.1 Lakhs per year
Wittur Elevator Components ₹4.0 Lakhs to ₹8.0 Lakhs per year
Liebherr Appliances India ₹3.5 Lakhs to ₹7.6 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 Design Engineer at Setco Spindles India in India?
The salary growth for a Design Engineer at Setco Spindles India depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Setco Spindles India:

Experience Average Salary Range
2 years ₹1.6 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.6 Lakhs to ₹5.4 Lakhs per year
5 years ₹4.0 Lakhs to ₹4.6 Lakhs per year
and so on.

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Setco Spindles India Design Engineer salary in India ranges between ₹3.3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Setco Spindles India latest salaries received from various employees of Setco Spindles India.