Setco Spindles India Pune Salaries by 100+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Machinist Grinder 3 - 24 years exp. · Pune (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr
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Accountant 6 years exp. · Pune (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Senior General Manager 20 - 22 years exp. · Pune (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
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IT Administrator 9 - 10 years exp. · Pune (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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Manufacturing Engineer 1 year exp. · Pune (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Assistant Manager Service 4 - 5 years exp. · Pune (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Senior Manager Manufacturing 17 - 18 years exp. · Pune (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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Engineer- Customer Support 5 - 6 years exp. · Pune (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Assistant Manager Design 8 - 9 years exp. · Pune (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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Assistant Manager Manufacturing 11 - 12 years exp. · Pune (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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Senior Quality Engineer 6 - 8 years exp. · Pune (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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Sr. Technical Sales Engineer 4 - 5 years exp. · Pune (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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HR Executive 2 - 3 years exp. · Pune (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Sales Manager 10 years exp. · Pune (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Marketing Head 16 years exp. · Pune (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Network Engineer 5 years exp. · Pune (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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Asst Store Fresher · Pune (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Purchase & Store Assistant 6 years exp. · Pune (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Electronics Engineer 10 years exp. · Pune (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Senior Accounts Executive 4 years exp. · Pune (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 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

3.3

Rated by 23 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 Pune

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:

Machinist Grinder	₹2.5 Lakhs to ₹5.5 Lakhs per year
Accountant	₹3.4 Lakhs to ₹4.4 Lakhs per year
Senior General Manager	₹21.6 Lakhs to ₹27.6 Lakhs per year
IT Administrator	₹7 Lakhs to ₹8.9 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 180 salaries submitted by Setco Spindles India employees. Setco Spindles India is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Setco Spindles India , Pune is INR . Salary estimates are based on 100+ Setco Spindles India latest salaries received from various employees of Setco Spindles India.