Setco Spindles India Salaries by 200+ Employees (Updated 2025)

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Production, Manufacturing & Engineering Sales & Business Development Project & Program Management Quality Assurance + 6 more

Designation	Avg Annual Salary	Open Jobs
Assembly Technician 3 - 6 years exp. (12 salaries)	₹1.9 L/yr - ₹3.5 L/yr
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Design Engineer 2 - 6 years exp. (10 salaries)	₹3.3 L/yr - ₹5.4 L/yr
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Production Engineer 3 - 7 years exp. (8 salaries)	₹3.2 L/yr - ₹4.5 L/yr
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Quality Engineer 2 - 8 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr
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Assistant Sales Manager 3 - 7 years exp. (7 salaries)	₹3.1 L/yr - ₹7 L/yr
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Technical Sales Engineer 0 - 4 years exp. (7 salaries)	₹3.1 L/yr - ₹5.5 L/yr
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Senior Sales Engineer 1 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr
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Operations Engineer 1 - 2 years exp. (5 salaries)	₹2.1 L/yr - ₹7 L/yr
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Senior Design Engineer 5 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr
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Sales Coordinator 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr
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Accountant 6 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹5.8 L/yr
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Assistant Accounts Manager 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹5.8 L/yr
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Chief Operations Officer 22 - 25 years exp. (4 salaries)	₹36 L/yr - ₹46 L/yr
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HR Manager 8 - 12 years exp. (4 salaries)	₹8.4 L/yr - ₹10.5 L/yr
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Department Head 10 - 14 years exp. (4 salaries)	₹4.8 L/yr - ₹8.5 L/yr
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Machinist 4 - 11 years exp. (4 salaries)	₹2 L/yr - ₹2.1 L/yr
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Service Engineer 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr
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Store Executive 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr
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Supervisor 4 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr
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Assistant Manager Quality 6 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr
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Salary Discussions, Hike & Promotions

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

3.5

Rated by 33 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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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:

Assembly Technician	₹1.9 Lakhs to ₹3.5 Lakhs per year
Design Engineer	₹3.3 Lakhs to ₹5.4 Lakhs per year
Production Engineer	₹3.2 Lakhs to ₹4.5 Lakhs per year
Quality Engineer	₹3 Lakhs to ₹4.5 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 268 salaries submitted by Setco Spindles India employees. Setco Spindles India is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.

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Setco Spindles India Salaries by Location

Average annual salary in Setco Spindles India is INR . Salary estimates are based on 200+ Setco Spindles India latest salaries received from various employees of Setco Spindles India.