Shakti Pumps Indore Production Engineer Salaries by 5 Employees

0 - 4 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% less than the average Production Engineer Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Last Updated: 22 Jul 2024

Companies similar to Shakti Pumps for Production Engineer in Indore

Shakti Pumps Production Engineer Salary

0 - 4 years exp. (5 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Force Motors Production Engineer Salary 1 - 10 years exp. (53 salaries)	₹1.5 L/yr - ₹6.5 L/yr 89% more
Samvardhana Motherson Group Production Engineer Salary 1 - 7 years exp. (50 salaries)	₹1.8 L/yr - ₹5 L/yr 67% more
Login to view exact salary
VE Commercial Vehicles Production Engineer Salary 2 - 7 years exp. (28 salaries)	₹1.4 L/yr - ₹5 L/yr 45% more
Surin Automotive Production Engineer Salary 2 - 7 years exp. (21 salaries)	₹2.2 L/yr - ₹4.5 L/yr 50% more
MAHLE Engine Components Production Engineer Salary 2 - 8 years exp. (21 salaries)	₹2.4 L/yr - ₹4.5 L/yr 70% more

Production Engineer salary at Shakti Pumps ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Shakti Pumps.

Experience wise Shakti Pumps Production Engineer salaries in Indore

Last Updated: 22 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Shakti Pumps

Quality Engineer Salary

(10 salaries)

₹1.75 L/yr - ₹2.5 L/yr

Production Manager Salary

(8 salaries)

₹8.1 L/yr - ₹9.5 L/yr

Executive Engineer Salary

(5 salaries)

₹3.85 L/yr - ₹5.4 L/yr

Senior Engineer Salary

(5 salaries)

₹4 L/yr - ₹6 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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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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Shakti Pumps Production Engineer Salary FAQs

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

The average salary of a Production Engineer at Shakti Pumps in Indore typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Production Engineer in Indore at Shakti Pumps earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Production 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 5 Shakti Pumps employees in India.

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

The estimated take-home salary of a Production Engineer at Shakti Pumps in Indore typically ranges from ₹15,368 to ₹16,967 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 Shakti Pumps. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Force Motors	₹1.5 Lakhs to ₹6.5 Lakhs per year
MAHLE Engine Components	₹2.4 Lakhs to ₹4.5 Lakhs per year
Samvardhana Motherson Group	₹1.8 Lakhs to ₹5.0 Lakhs per year
Surin Automotive	₹2.2 Lakhs to ₹4.5 Lakhs per year
VE Commercial Vehicles	₹1.4 Lakhs to ₹5.0 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 Production Engineer at Shakti Pumps in Indore?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Shakti Pumps Production Engineer Salaries in Indore

Shakti Pumps Production Engineer salary in Indore ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shakti Pumps latest salaries received from various employees of Shakti Pumps.