Setco Spindles India Machinist Salaries by 4 Employees (Updated 2025)

4 - 11 years exp.

₹2 Lakhs - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Machinist Salary in Industrial Machinery Companies for 4 - 11 years of experience

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Last Updated: 20 Jun 2024

Companies similar to Setco Spindles India for Machinist

Company name	Avg Annual Salary	Open Jobs
Ace Designers Machinist Salary 1 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2 L/yr 11% less
HMT Machine Tools Machinist Salary 1 - 6 years exp. (6 salaries)	₹0.5 L/yr - ₹2.1 L/yr 30% less
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Hical Technologies Machinist Salary 2 - 8 years exp. (19 salaries)	₹2.9 L/yr - ₹5.5 L/yr 82% more
GTN Engineering Machinist Salary 3 - 13 years exp. (15 salaries)	₹2.4 L/yr - ₹5.1 L/yr 82% more
Tata Motors Machinist Salary 0 - 4 years exp. (13 salaries)	₹1.1 L/yr - ₹7.1 L/yr 42% more

Machinist salary at Setco Spindles India ranges between ₹2 Lakhs to ₹2.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Setco Spindles India.

Experience wise Setco Spindles India Machinist salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Setco Spindles India

Technician Salary

(3 salaries)

₹2 L/yr - ₹4.9 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Supervisor Salary

(3 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Machine Operator Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Service Engineer Salary

(4 salaries)

₹4 L/yr - ₹4.5 L/yr

Electrical Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.6 L/yr

Production Engineer Salary

(8 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Electrical Technician Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Setco Spindles India Machinist Salary FAQs

What is the salary of Machinist at Setco Spindles India?

Machinist salary at Setco Spindles India in India ranges between ₹2.0 Lakhs to ₹2.1 Lakhs for experience between 4 years to 11 years. According to our estimates it is 38% less than the average Machinist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Setco Spindles India India.

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

The average salary of a Machinist at Setco Spindles India is 38% less than the average salary of a Machinist in India. To know exact salary insights, login to view.

Which similar companies are paying more than Setco Spindles India to a Machinist in India?

GTN Engineering Machinist Salary - ₹2.4 Lakhs to ₹5.1 Lakhs per year
Hical Technologies Machinist Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year
Tata Motors Machinist Salary - ₹1.1 Lakhs to ₹7.1 Lakhs per year

What is the salary of a Machinist in companies similar to Setco Spindles India in India?

Ace Designers Machinist Salary - ₹1.5 Lakhs to ₹2.0 Lakhs per year
HMT Machine Tools Machinist Salary - ₹0.5 Lakhs to ₹2.1 Lakhs per year

What is the estimated take home salary of a Machinist at Setco Spindles India in India?

The estimated take-home salary of a Machinist at Setco Spindles India ranges between ₹14,038 per month to ₹15,523 per month in India. The take-home salary calculation is based on the average Setco Spindles India Machinist salary in India which ranges between ₹2.0 Lakhs to ₹2.1 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Machinist at Setco Spindles India?

According to AmbitionBox, 67% of the Setco Spindles India Machinists reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Setco Spindles India Machinist Salaries

Setco Spindles India Machinist salary in India ranges between ₹2 Lakhs to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Setco Spindles India latest salaries received from various employees of Setco Spindles India.