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Setco Spindles India Production Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹3.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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5% more than the average Production Engineer Salary in Industrial Machinery Companies for 3 - 7 years of experience

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Last Updated: 15 Mar 2023

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₹4.5 L/yr - ₹7.5 L/yr

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0 - 3 years exp. (6 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

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₹3.5 L/yr - ₹5.5 L/yr

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₹2 L/yr - ₹3.3 L/yr

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₹1.8 L/yr - ₹5.8 L/yr

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₹3 L/yr - ₹6 L/yr

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Production Engineer salary at Setco Spindles India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Setco Spindles India.

Latest annual salaries shared by Setco Spindles India Production Engineer

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7 years exp.
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Experience wise Setco Spindles India Production Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years  (3 salaries)

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₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Setco Spindles India

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₹7.5 L/yr - ₹10 L/yr
Senior Production Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹3 L/yr - ₹4.5 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Supervisor Salary
(3 salaries)
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₹2.8 L/yr - ₹3.2 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 Production Engineer Salary FAQs

What is the salary of Production Engineer at Setco Spindles India ?
The average salary of a Production Engineer at Setco Spindles India in India typically ranges from ₹3.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Production Engineer at Setco Spindles India earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Production 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 8 Setco Spindles India employees in India.
What is the estimated take home salary of a Production Engineer at Setco Spindles India in India?
The estimated take-home salary of a Production Engineer at Setco Spindles India in India typically ranges from ₹29,855 to ₹31,172 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 8 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 Production Engineer in India?
HMT Machine Tools ₹5.0 Lakhs to ₹8.0 Lakhs per year
Trelleborg ₹4.5 Lakhs to ₹7.5 Lakhs per year
Sidel ₹6.0 Lakhs to ₹7.0 Lakhs per year
Valmont Structures ₹3.0 Lakhs to ₹8.0 Lakhs per year
Kelvion ₹3.5 Lakhs to ₹7.5 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 Production Engineer in companies similar to Setco Spindles India in India?
The salary of a Production 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:

Axtel Industries ₹4.2 Lakhs to ₹6.3 Lakhs per year
Crane Process Flow Technologies India ₹3.5 Lakhs to ₹5.5 Lakhs per year
SPX Flow Technology ₹3.0 Lakhs to ₹6.0 Lakhs per year
Mitsubishi Heavy Industries ₹1.8 Lakhs to ₹5.8 Lakhs per year
UNI Klinger ₹2.0 Lakhs to ₹5.0 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 Production Engineer at Setco Spindles India in India?
The salary growth for a Production Engineer at Setco Spindles India depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Setco Spindles India:

Experience Average Salary Range
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

Setco Spindles India Production Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Setco Spindles India latest salaries received from various employees of Setco Spindles India.