Swastik Furnaces Design Engineer Salaries by 6 Employees (Updated 2024)

6 - 8 years exp.

₹4.5 Lakhs - ₹4.8 Lakhs

Salary of majority employees

8% less than the average Design Engineer Salary for 6 - 8 years of experience

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Last Updated: 24 Jan 2024

Companies similar to Swastik Furnaces for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Design Engineer Salary 0 - 7 years exp. (115 salaries)	₹2.1 L/yr - ₹10 L/yr 22% more	2 job openings
Electrotherm Design Engineer Salary 1 - 10 years exp. (56 salaries)	₹2.3 L/yr - ₹7.3 L/yr 2% less
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Laxmi En-fab Design Engineer Salary 0 - 2 years exp. (5 salaries)	₹1 L/yr - ₹1.9 L/yr 73% less
Kerone Design Engineer Salary 0 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹3.8 L/yr 42% less
Huawei Technologies Design Engineer Salary 0 - 11 years exp. (18 salaries)	₹3 L/yr - ₹7.3 L/yr 3% more
Seoyon E-hwa Automotive Design Engineer Salary 0 - 9 years exp. (18 salaries)	₹2.4 L/yr - ₹8.6 L/yr 11% more
Caparo Engineering India Design Engineer Salary 2 - 8 years exp. (13 salaries)	₹2.1 L/yr - ₹7 L/yr 6% less
HCL Infosystems Design Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹4 L/yr 30% less
ABCI Infrastructures Design Engineer Salary 2 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹38.3 L/yr 362% more
Marelli Design Engineer Salary 0 - 4 years exp. (5 salaries)	₹4.8 L/yr - ₹10 L/yr 37% more

Design Engineer salary at Swastik Furnaces ranges between ₹4.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Swastik Furnaces.

Experience wise Swastik Furnaces Design Engineer salaries

Last Updated: 24 Jan 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
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8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

Similar Designation salaries in Swastik Furnaces

Lead Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Project Engineer Salary

(20 salaries)

₹1.8 L/yr - ₹4.6 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹2.6 L/yr - ₹3.8 L/yr

Salary related reviews for Swastik Furnaces

3.5

Rated by 2 employees for salary & benefits

Production Engineer

Project & Program Management Department

3.0

• posted on 19 Apr 2018

2.0

for Salary and Benefits

Likes

...y... There is no such job security in swastik... Career growth is very slow... Salary inrement is slow process... Working environment is fair...

Dislikes

The work pressure is always high, sometimes we have to work 18 to 20 hours straight in a day. Managers do not value individuals strenght for which i have to take back my suggestions mostly.

see more salary related reviews

Top trending discussions

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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?

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Swastik Furnaces Design Engineer Salary FAQs

What is the salary of Design Engineer at Swastik Furnaces?

Design Engineer salary at Swastik Furnaces in India ranges between ₹4.5 Lakhs to ₹4.8 Lakhs for experience between 6 years to 8 years. According to our estimates it is 8% less than the average Design Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Swastik Furnaces India.

How does the salary of a Design Engineer at Swastik Furnaces India compare with the average salary range for this job?

The average salary of a Design Engineer at Swastik Furnaces is 8% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Swastik Furnaces to a Design Engineer in India?

ABCI Infrastructures Design Engineer Salary - ₹4.5 Lakhs to ₹38.3 Lakhs per year
Marelli Design Engineer Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year
Thermax Limited Design Engineer Salary - ₹2.1 Lakhs to ₹10.0 Lakhs per year
Seoyon E-hwa Automotive Design Engineer Salary - ₹2.4 Lakhs to ₹8.6 Lakhs per year
Huawei Technologies Design Engineer Salary - ₹3.0 Lakhs to ₹7.3 Lakhs per year

What is the salary of a Design Engineer in companies similar to Swastik Furnaces in India?

Electrotherm Design Engineer Salary - ₹2.3 Lakhs to ₹7.3 Lakhs per year
Caparo Engineering India Design Engineer Salary - ₹2.1 Lakhs to ₹7.0 Lakhs per year
HCL Infosystems Design Engineer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
Kerone Design Engineer Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
Laxmi En-fab Design Engineer Salary - ₹1.0 Lakhs to ₹1.9 Lakhs per year

What is the estimated take home salary of a Design Engineer at Swastik Furnaces in India?

The estimated take-home salary of a Design Engineer at Swastik Furnaces ranges between ₹34,690 per month to ₹35,934 per month in India. The take-home salary calculation is based on the average Swastik Furnaces Design Engineer salary in India which ranges between ₹4.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Swastik Furnaces?

According to AmbitionBox, 100% of the Swastik Furnaces Design Engineers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Swastik Furnaces Design Engineer Salaries

Swastik Furnaces Design Engineer salary in India ranges between ₹4.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Swastik Furnaces latest salaries received from various employees of Swastik Furnaces.