Shakti Pumps Indore Design Engineer Salaries by 7 Employees

0 - 3 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Salary of majority employees

34% less than the average Design Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 0 - 2 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr

Last Updated: 9 Jul 2024

Companies similar to Shakti Pumps for Design Engineer in Indore

Shakti Pumps Design Engineer Salary

0 - 3 years exp. (7 salaries)

₹2.2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
VE Commercial Vehicles Design Engineer Salary 0 - 7 years exp. (146 salaries)	₹1.8 L/yr - ₹6.5 L/yr 33% more
Altis Industries Design Engineer Salary 1 - 5 years exp. (21 salaries)	₹2.1 L/yr - ₹4.2 L/yr 16% more
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Abhikalp Design Studio Design Engineer Salary 0 - 5 years exp. (17 salaries)	₹2.4 L/yr - ₹6 L/yr 37% more
Liugong India Design Engineer Salary 1 - 5 years exp. (17 salaries)	₹3 L/yr - ₹6 L/yr 37% more
Case New-Holland Construction Equipment India Design Engineer Salary 1 - 6 years exp. (15 salaries)	₹2.2 L/yr - ₹6 L/yr 35% more

Design Engineer salary at Shakti Pumps ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Shakti Pumps.

Experience wise Shakti Pumps Design Engineer salaries in Indore

Last Updated: 9 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr

Similar Designation salaries in Shakti Pumps

Deputy Manager Salary

(31 salaries)

₹5.2 L/yr - ₹10.2 L/yr

Senior Engineer Salary

(5 salaries)

₹4 L/yr - ₹6 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.8 L/yr

Junior Engineer Salary

(3 salaries)

₹3.4 L/yr - ₹4.6 L/yr

Salary related reviews for Shakti Pumps

1.0

Rated by 1 employees for salary & benefits

Design Executive in Pithampur

Research & Development Department

2.0

• posted on 24 May 2022

1.0

for Salary and Benefits

Likes

...elopment. But the work life balance and HR policies are worst for the employees. Also there is no timely appraisals and proper salary structure as per the industry standards.

Skill development - Good

Dislikes

Worst HR policies and compensations.

Salary - Bad

+5 more

Data Entry Operator in Industrial Area Pithampur Dist Dhar Mp

Cantroal panel dpt. Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is no such dislike point related to work

Production Engineer in Indore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Jun 2024

1.0

for Salary and Benefits

Likes

Shakti Pumps pvt Ltd is biggest group of Pithampur it's export to 125 country if talk about company profit 142 crore get this year Thare are many types of product manufacturers, assembly and machining also like as motor, startar,sour pannel, cable's and pipes.

Work satisfaction - Excellent

+2 more

Dislikes

Can't be determined

Salary - Bad

+3 more

Sales Officer in Buxar

Full Time

Sales & Business Development Department

5.0

• posted on 08 Aug 2023

3.0

for Salary and Benefits

Likes

Nice to work in shakti pumps got to learn a lot if company gives chance to work in bihar i would like to do it again

Skill development - Good

+3 more

Dislikes

The submersible rate of Shakti pumps is high, if it is reduced then it will give good results in states like Bihar.

Job security - Poor

+1 more

Business Development Manager in Pithampur

Full Time

Sales & Business Development Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

working culture is good, colleagues and senior keep healthy relation with each other.

Company culture - Good

Dislikes

No learning or skill development is Zero, Appraisal and extra benefit are zero. they change the rule according to their benefit.

Salary - Poor

+3 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Shakti Pumps Design Engineer Salary FAQs

What is the salary of Design Engineer at Shakti Pumps in Indore?

The average salary of a Design Engineer at Shakti Pumps in Indore typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Design Engineer in Indore at Shakti Pumps earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Design Engineer Salaries at Shakti Pumps 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 7 Shakti Pumps employees in India.

What is the estimated take home salary of a Design Engineer at Shakti Pumps in Indore?

The estimated take-home salary of a Design Engineer at Shakti Pumps in Indore typically ranges from ₹20,624 to ₹22,278 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 7 salaries received from various employees of Shakti Pumps. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shakti Pumps for Design Engineer in India?

Liugong India	₹3.0 Lakhs to ₹6.0 Lakhs per year
Abhikalp Design Studio	₹2.4 Lakhs to ₹6.0 Lakhs per year
Case New-Holland Construction Equipment India	₹2.2 Lakhs to ₹6.0 Lakhs per year
VE Commercial Vehicles	₹1.8 Lakhs to ₹6.5 Lakhs per year
Altis Industries	₹2.1 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shakti Pumps, depending on the role and experience level.

How the salary growth look like for a Design Engineer at Shakti Pumps in Indore?

The salary growth for a Design Engineer at Shakti Pumps in Indore depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Indore can expect the following growth trajectory at Shakti Pumps:

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.2 Lakhs to ₹5.2 Lakhs per year
2 years	₹2.2 Lakhs to ₹3.5 Lakhs per year
3 years	₹1.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Shakti Pumps Design Engineer Salaries in Indore

Shakti Pumps Design Engineer salary in Indore ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shakti Pumps latest salaries received from various employees of Shakti Pumps.