Setco Spindles India Pune Design Engineer Salaries by 10 Employees (Updated 2025)

2 - 6 years exp.

₹3.3 Lakhs - ₹5.4 Lakhs

Salary of majority employees

Fixed (93%)

₹3.8 Lakhs

Variable (7%)

₹0.3 Lakh

24% 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)	₹3.3 L/yr - ₹5.4 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Setco Spindles India for Design Engineer in Pune

Setco Spindles India Design Engineer Salary

2 - 6 years exp. (10 salaries)

₹3.3 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Patil Automation Design Engineer Salary 0 - 7 years exp. (44 salaries)	₹2 L/yr - ₹7.2 L/yr 4% more
SPX Flow Technology Design Engineer Salary 4 - 9 years exp. (27 salaries)	₹4.9 L/yr - ₹11.3 L/yr 107% more
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PMT Machines Design Engineer Salary 1 - 4 years exp. (16 salaries)	₹2.7 L/yr - ₹5.2 L/yr 3% less
Accurate Engineering Company Design Engineer Salary 2 - 6 years exp. (6 salaries)	₹2 L/yr - ₹3.8 L/yr 33% less
Kelvion Design Engineer Salary 1 - 7 years exp. (5 salaries)	₹2 L/yr - ₹5.5 L/yr 7% less
Radheya Machining Design Engineer Salary 5 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 24% less

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.

Experience wise Setco Spindles India Design Engineer salaries in Pune

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
3 years (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr
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4 years (3 salaries)	₹3.6 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in Setco Spindles India

Senior Design Engineer Salary

(5 salaries)

₹4.5 L/yr - ₹6.5 L/yr

Electrical Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.6 L/yr

Salary related reviews for Setco Spindles India

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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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Setco Spindles India Design Engineer Salary FAQs

What is the salary of Design Engineer at Setco Spindles India Pune?

Design Engineer salary at Setco Spindles India in Pune ranges between ₹3.3 Lakhs to ₹5.4 Lakhs for experience between 2 years to 6 years. According to our estimates it is 24% less than the average Design Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Setco Spindles India Pune.

How does the salary of a Design Engineer at Setco Spindles India Pune compare with the average salary range for this job?

The average salary of a Design Engineer at Setco Spindles India is 24% less than the average salary of a Design Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Setco Spindles India to a Design Engineer in Pune?

SPX Flow Technology Design Engineer Salary - ₹4.9 Lakhs to ₹11.3 Lakhs per year
Patil Automation Design Engineer Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Design Engineer in companies similar to Setco Spindles India in Pune?

PMT Machines Design Engineer Salary - ₹2.7 Lakhs to ₹5.2 Lakhs per year
Kelvion Design Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
Radheya Machining Design Engineer Salary - ₹2.8 Lakhs to ₹3.3 Lakhs per year
Accurate Engineering Company Design Engineer Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Design Engineer at Setco Spindles India in Pune?

The estimated take-home salary of a Design Engineer at Setco Spindles India ranges between ₹30,297 per month to ₹31,607 per month in Pune. The take-home salary calculation is based on the average Setco Spindles India Design Engineer salary in India which ranges between ₹3.3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Setco Spindles India in Pune?

According to AmbitionBox, 83% of the Setco Spindles India Design Engineers in Pune reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Setco Spindles India Design Engineer Salaries in Pune

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