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Shriram Foundry

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4.0

based on 33 Reviews

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Shriram Foundry Foundry Development Engineer salaries in India

Annual salary range
0 - 3 years exp.
₹1.7 Lakh - ₹2.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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22% less than the average Foundry Development Engineer Salary for 0 - 3 years of experience

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Salaries in different departments

Human Resources
Foundry Development Engineer Salary
0 - 3 years exp. (3 salaries)
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₹1.7 L/yr - ₹2.3 L/yr

Research & Development
Foundry Development Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Last Updated: 13 Mar 2023

Companies similar to Shriram Foundry for Foundry Development Engineer

Company name Avg Annual Salary Open Jobs
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Sound Castings Foundry Development Engineer Salary

3 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 79% more
Foundry Development Engineer salary at Shriram Foundry ranges between ₹1.7 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Foundry.

Latest annual salaries shared by Shriram Foundry Foundry Development Engineer

1y ago
₹2.3 Lakhs
3 years exp.
1y ago
₹2.3 Lakhs
2 years exp.
1y ago
₹1.7 Lakh
1 year exp.
1y ago
₹1.7 Lakh
6 months exp.

Experience wise Shriram Foundry Foundry Development Engineer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in Shriram Foundry

Senior Process Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Senior Engineer Salary
(4 salaries)
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₹4.5 L/yr - ₹4.8 L/yr
Quality Engineer Salary
(4 salaries)
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₹2 L/yr - ₹4 L/yr
Mechanical Engineer Salary
(5 salaries)
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₹4.2 L/yr - ₹4.2 L/yr

Salary related reviews for Shriram Foundry

2.0

Rated by 1 employees for salary & benefits

Development Engineer in Kolhapur

Engineering - Software & QA Department

5.0
  •  posted on 04 Jul 2018
3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.Very intelligents people in shriram foundary.Shriram open a another plant in a kagal, Kolhapur.Various career opportunities & Growth in Shriram foundary.

read more
  • Skill development - Good
    • +3 more

Dislikes

No

Mechanical Maintenance Engineer in Pantnagar

Production, Manufacturing & Engineering Department

4.0
  •  posted on 03 Sep 2017
3.0
 for  Salary and Benefits

Likes

Its a good place for learning for Mechanical Engineers. Not much more work pressure, if you can understand your Boss motive then everything will be alright. Salary/Appraisal is not so good, so learn as you can and move on.

read more
  • Skill development - Good
    • +1 more

Dislikes

Salary/Appraisal is not good for engineers. Basically its a work place for Diploma or ITI holders not good for Engineers.

read more

CAD Engg in Kolhapur

Research & Development Department

4.0
  •  posted on 11 Sep 2017
4.0
 for  Salary and Benefits

Likes

I have learned many technical things, co-operative colleagues, learned team management, work planning, project estimation, how to make proposal to customer, innovative work and got overall knowledge or activities like molding, pouring, fettelling, finishing department processes, Got knowledge about quality assurance.

read more
  • Salary - Good
    • +6 more

Dislikes

Nothing to dislike.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Shriram Foundry Foundry Development Engineer Salary FAQs

What is the salary of Foundry Development Engineer at Shriram Foundry ?
The average salary of a Foundry Development Engineer at Shriram Foundry in India typically ranges from ₹1.7 Lakhs to ₹2.3 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Foundry Development Engineer at Shriram Foundry earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Foundry Development Engineer Salaries at Shriram Foundry 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 4 Shriram Foundry employees in India.
What is the estimated take home salary of a Foundry Development Engineer at Shriram Foundry in India?
The estimated take-home salary of a Foundry Development Engineer at Shriram Foundry in India typically ranges from ₹13,401 to ₹14,830 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.3 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 4 salaries received from various employees of Shriram Foundry. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shriram Foundry for Foundry Development Engineer in India?
Sound Castings ₹2.5 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shriram Foundry, depending on the role and experience level.
How the salary growth look like for a Foundry Development Engineer at Shriram Foundry in India?
The salary growth for a Foundry Development Engineer at Shriram Foundry depends on factors such as experience, performance, and promotions. On average, a Foundry Development Engineer can expect the following growth trajectory at Shriram Foundry:

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹1.9 Lakhs per year
1 year ₹1.5 Lakhs to ₹1.9 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Foundry Foundry Development Engineer salary in India ranges between ₹1.7 Lakh to ₹2.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Shriram Foundry latest salaries received from various employees of Shriram Foundry.