SPI Equipments India R&D Design Engineer Salaries by 3 Employees (Updated 2024)

1 - 3 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

53% less than the average R&D Design Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 10 Oct 2024

Companies similar to SPI Equipments India for R&D Design Engineer

Company name	Avg Annual Salary	Open Jobs
KONE R&D Design Engineer Salary 0 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹6 L/yr 37% more
Lakshmi Machine Works R&D Design Engineer Salary 6 - 8 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 163% more
Login to view exact salary
Tractors and Farm Equipment R&D Design Engineer Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 54% more
Atlas Copco R&D Design Engineer Salary 4 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5.1 L/yr 71% more
Bajaj Auto R&D Design Engineer Salary 9 - 15 years exp. (12 salaries)	₹8.5 L/yr - ₹12.6 L/yr 307% more

R&D Design Engineer salary at SPI Equipments India ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of SPI Equipments India.

Experience wise SPI Equipments India R&D Design Engineer salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in SPI Equipments India

Mechanical Engg. Design Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Design Engineer Salary

(3 salaries)

₹1.9 L/yr - ₹9.1 L/yr

PCB Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

R&D Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Debug Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Embedded Hardware Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Embedded Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for SPI Equipments India

Assistant Engineer in Coimbatore

Other Department

3.0

• posted on 08 Aug 2018

2.0

for Salary and Benefits

Likes

Its is my first company I have a lot of opportunities to learn engineering.they have Me a big responsibilities.

Dislikes

Salary package and increments are not good.dont have a basic benefits like ESI,P.F..itself

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about SPI Equipments India?

Ask anonymously on communities.

SPI Equipments India R&D Design Engineer Salary FAQs

What is the notice period for R&D Design Engineer at SPI Equipments India?

According to AmbitionBox, 67% of the SPI Equipments India R&D Design Engineers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SPI Equipments India Salaries >
SPI Equipments India R&D Design Engineer Salaries

SPI Equipments India R&D Design Engineer salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SPI Equipments India latest salaries received from various employees of SPI Equipments India.