Swastik Furnaces Design Engineer Salaries by 6 Employees

6 - 8 years exp.

₹4.5 Lakhs - ₹4.8 Lakhs

Salary of majority employees

10% 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
Huawei Technologies Design Engineer Salary 0 - 11 years exp. (18 salaries)	₹3 L/yr - ₹7.3 L/yr 1% more
Seoyon E-hwa Automotive Design Engineer Salary 0 - 5 years exp. (13 salaries)	₹2.5 L/yr - ₹5.5 L/yr 4% less
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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
Marelli Design Engineer Salary 0 - 4 years exp. (6 salaries)	₹4.8 L/yr - ₹11.5 L/yr 53% more
Testo India Design Engineer Salary 1 - 6 years exp. (5 salaries)	₹11 L/yr - ₹23.3 L/yr 182% more
ABCI Infrastructures Design Engineer Salary 2 - 11 years exp. (5 salaries)	₹5.9 L/yr - ₹39.7 L/yr 393% more
Privat Company Design Engineer Salary 1 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 18% less

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)	₹4.2 L/yr - ₹5.3 L/yr
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8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 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.

Salary - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Swastik Furnaces Design Engineer Salary FAQs

What is the salary of Design Engineer at Swastik Furnaces ?

The average salary of a Design Engineer at Swastik Furnaces in India typically ranges from ₹4.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Design Engineer at Swastik Furnaces earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Design Engineer Salaries at Swastik Furnaces 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 6 Swastik Furnaces employees in India.

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 in India typically ranges from ₹34,518 to ₹35,765 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 6 years to 8 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 6 salaries received from various employees of Swastik Furnaces. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Swastik Furnaces for Design Engineer in India?

ABCI Infrastructures	₹5.9 Lakhs to ₹39.7 Lakhs per year
Testo India	₹11.0 Lakhs to ₹23.3 Lakhs per year
Marelli	₹4.8 Lakhs to ₹11.5 Lakhs per year
Huawei Technologies	₹3.0 Lakhs to ₹7.3 Lakhs per year

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

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

The salary of a Design Engineer at companies similar to Swastik Furnaces in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Seoyon E-hwa Automotive	₹2.5 Lakhs to ₹5.5 Lakhs per year
Caparo Engineering India	₹2.1 Lakhs to ₹7.0 Lakhs per year
Privat Company	₹3.0 Lakhs to ₹5.0 Lakhs per year
HCL Infosystems	₹1.5 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Design Engineer at Swastik Furnaces in India?

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

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹4.8 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
8 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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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.