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Setco Spindles India Senior Design Engineer salaries in India

Annual salary range
5 - 8 years exp.
₹4.5 Lakhs - ₹6.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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36% less than the average Senior Design Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Salaries in different departments

Research & Development
Senior Design Engineer Salary
6 - 7 years exp. (3 salaries)
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₹4.5 L/yr - ₹6.5 L/yr

Production, Manufacturing & Engineering
Senior Design Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 23 Feb 2024

Companies similar to Setco Spindles India for Senior Design Engineer

Company name Avg Annual Salary Open Jobs
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₹5.6 L/yr - ₹13.7 L/yr

arrow icon 81% more
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₹3 L/yr - ₹7 L/yr

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₹10.5 L/yr - ₹16.5 L/yr

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 7% more
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₹5 L/yr - ₹12 L/yr

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Sidel Senior Design Engineer Salary

5 - 12 years exp. (11 salaries)

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₹7 L/yr - ₹11 L/yr

arrow icon 63% more
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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 32% more
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₹6.3 L/yr - ₹12.3 L/yr

arrow icon 58% more
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₹6.5 L/yr - ₹12.5 L/yr

arrow icon 63% more
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PMT Machines Senior Design Engineer Salary

2 - 9 years exp. (7 salaries)

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₹4.3 L/yr - ₹6 L/yr

arrow icon 11% less
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NSK Senior Design Engineer Salary

8 - 14 years exp. (7 salaries)

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₹8 L/yr - ₹22 L/yr

arrow icon 75% more
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Trelleborg Senior Design Engineer Salary

4 - 7 years exp. (6 salaries)

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₹4.6 L/yr - ₹7.8 L/yr

arrow icon 1% less
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₹3.5 L/yr - ₹5.2 L/yr

arrow icon 23% less
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Inductotherm Senior Design Engineer Salary

5 - 9 years exp. (5 salaries)

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₹4.5 L/yr - ₹6.6 L/yr

arrow icon 4% less
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UNI Klinger Senior Design Engineer Salary

6 - 9 years exp. (5 salaries)

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₹4 L/yr - ₹7.5 L/yr

At par
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₹4.1 L/yr - ₹6.5 L/yr

arrow icon 11% less
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Kelvion Senior Design Engineer Salary

7 - 9 years exp. (4 salaries)

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₹7 L/yr - ₹10 L/yr

arrow icon 43% more
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₹7 L/yr - ₹7.5 L/yr

arrow icon 26% more
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₹9.5 L/yr - ₹12 L/yr

arrow icon 81% more
1 job opening
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₹4.2 L/yr - ₹7.3 L/yr

arrow icon 5% less
View all
Senior Design Engineer salary at Setco Spindles India ranges between ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Setco Spindles India.

Latest annual salaries shared by Setco Spindles India Senior Design Engineer

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8 years exp.
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6 years exp.
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7 years exp.
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7 years exp.

Experience wise Setco Spindles India Senior Design Engineer salaries

Last Updated: 23 Feb 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹7 L/yr

Similar Designation salaries in Setco Spindles India

Design Engineer Salary
(10 salaries)
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₹3.25 L/yr - ₹5.4 L/yr
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₹4 L/yr - ₹4.6 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 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 Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Setco Spindles India ?
The average salary of a Senior Design Engineer at Setco Spindles India in India typically ranges from ₹4.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Design Engineer at Setco Spindles India earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Design 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 5 Setco Spindles India employees in India.
What is the estimated take home salary of a Senior Design Engineer at Setco Spindles India in India?
The estimated take-home salary of a Senior Design Engineer at Setco Spindles India in India typically ranges from ₹44,356 to ₹45,456 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 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 Senior Design Engineer in India?
SPX Flow Technology ₹10.5 Lakhs to ₹16.5 Lakhs per year
Crane Process Flow Technologies India ₹5.6 Lakhs to ₹13.7 Lakhs per year
Liebherr Appliances India ₹9.5 Lakhs to ₹12.0 Lakhs per year
NSK ₹8.0 Lakhs to ₹22.0 Lakhs per year
Sidel ₹7.0 Lakhs to ₹11.0 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 Senior Design Engineer in companies similar to Setco Spindles India in India?
The salary of a Senior Design 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:

Valmont Structures ₹6.5 Lakhs to ₹12.5 Lakhs per year
Wittur Elevator Components ₹6.3 Lakhs to ₹12.3 Lakhs per year
Kelvion ₹7.0 Lakhs to ₹10.0 Lakhs per year
Donaldson India Filter Systems ₹5.0 Lakhs to ₹12.0 Lakhs per year
Case New-Holland Construction Equipment India ₹3.2 Lakhs to ₹10.5 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 Senior Design Engineer at Setco Spindles India in India?
The salary growth for a Senior Design Engineer at Setco Spindles India depends on factors such as experience, performance, and promotions. On average, a Senior Design Engineer can expect the following growth trajectory at Setco Spindles India:

Experience Average Salary Range
5 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
6 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
7 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years ₹5.4 Lakhs to ₹7.0 Lakhs per year
and so on.

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Setco Spindles India Senior Design Engineer salary in India ranges between ₹4.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Setco Spindles India latest salaries received from various employees of Setco Spindles India.