Tipco Industries Mechanical Engineer Salaries by 4 Employees

1 - 2 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Mechanical Engineer Salary for 1 - 2 years of experience

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Salaries in different departments

Research & Development Mechanical Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr
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Production, Manufacturing & Engineering Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 8 Oct 2023

Companies similar to Tipco Industries for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Ministry of Home Affairs Mechanical Engineer Salary 0 - 6 years exp. (187 salaries)	₹0.2 L/yr - ₹4 L/yr 7% less
VSB Engineering College Mechanical Engineer Salary 1 - 7 years exp. (153 salaries)	₹0.8 L/yr - ₹4.4 L/yr 7% more
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ABCI Infrastructures Mechanical Engineer Salary 1 - 12 years exp. (32 salaries)	₹1.8 L/yr - ₹6 L/yr 53% more	1 job opening
Caparo Engineering India Mechanical Engineer Salary 1 - 7 years exp. (14 salaries)	₹1.7 L/yr - ₹4.2 L/yr 20% more
Tagros Chemicals Mechanical Engineer Salary 0 - 4 years exp. (12 salaries)	₹1.8 L/yr - ₹4.3 L/yr 17% more
Maxxis Rubber Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	₹2 L/yr - ₹5.5 L/yr 81% more
Indorama Mechanical Engineer Salary 0 - 14 years exp. (9 salaries)	₹3.5 L/yr - ₹5.5 L/yr 85% more	1 job opening
Seoyon E-hwa Automotive Mechanical Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.6 L/yr - ₹3 L/yr 7% less
Lake Chemicals Mechanical Engineer Salary 0 - 10 years exp. (5 salaries)	₹0.2 L/yr - ₹3 L/yr 36% less
Marelli Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr 29% more
TCL Mechanical Engineer Salary 1 - 32 years exp. (3 salaries)	₹3.6 L/yr - ₹12 L/yr 189% more
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Mechanical Engineer salary at Tipco Industries ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Tipco Industries.

Experience wise Tipco Industries Mechanical Engineer salaries

Last Updated: 8 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Tipco Industries

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Engineer Salary

(4 salaries)

₹1.4 L/yr - ₹2.7 L/yr

Maintenance Manager Salary

(5 salaries)

₹10 L/yr - ₹11 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Tipco Industries

Executive - Sales & Marketing in Palwal

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Apr 2023

2.0

for Salary and Benefits

Likes

I would like to say that the company's culture and atmosphere is good. The management and seniors are also nice they listened your problems. In this company you can learn many skills...

Job security - Good

+2 more

Dislikes

Individual growth is not good. There is no personality development programs.

Salary - Poor

see more salary related reviews

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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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Tipco Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Tipco Industries ?

The average salary of a Mechanical Engineer at Tipco Industries in India typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Mechanical Engineer at Tipco Industries earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engineer Salaries at Tipco Industries 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 Tipco Industries employees in India.

What is the estimated take home salary of a Mechanical Engineer at Tipco Industries in India?

The estimated take-home salary of a Mechanical Engineer at Tipco Industries in India typically ranges from ₹16,496 to ₹18,193 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 2 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 Tipco Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tipco Industries for Mechanical Engineer in India?

TCL	₹3.6 Lakhs to ₹12.0 Lakhs per year
Indorama	₹3.5 Lakhs to ₹5.5 Lakhs per year
Maxxis Rubber	₹2.0 Lakhs to ₹5.5 Lakhs per year
ABCI Infrastructures	₹1.8 Lakhs to ₹6.0 Lakhs per year
Marelli	₹2.1 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Tipco Industries in India?

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

Caparo Engineering India	₹1.7 Lakhs to ₹4.2 Lakhs per year
Tagros Chemicals	₹1.8 Lakhs to ₹4.3 Lakhs per year
VSB Engineering College	₹0.8 Lakhs to ₹4.4 Lakhs per year
Seoyon E-hwa Automotive	₹1.6 Lakhs to ₹3.0 Lakhs per year
Ministry of Home Affairs	₹0.2 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 Mechanical Engineer at Tipco Industries in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Tipco Industries Mechanical Engineer Salaries

Tipco Industries Mechanical Engineer salary in India ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tipco Industries latest salaries received from various employees of Tipco Industries.