V-Guard Industries Tool Engineer Salaries by 4 Employees

5 - 8 years exp.

₹4.4 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% less than the average Tool Engineer Salary in Consumer Electronics & Appliances Companies for 5 - 8 years of experience

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Last Updated: 25 Mar 2023

Companies similar to V-Guard Industries for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
IFB Tool Engineer Salary 5 - 22 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 6% less
Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 8% more
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INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr 23% less
INDO-MIM Tool Engineer Salary 4 - 14 years exp. (23 salaries)	₹21 L/yr - ₹30 L/yr 287% more
Motherson Molds And Diecasting Tool Engineer Salary 1 - 4 years exp. (17 salaries)	₹1.2 L/yr - ₹4.3 L/yr 59% less

Tool Engineer salary at V-Guard Industries ranges between ₹4.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of V-Guard Industries.

Experience wise V-Guard Industries Tool Engineer salaries

Last Updated: 25 Mar 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹4.4 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr

Similar Designation salaries in V-Guard Industries

Senior Engineer Salary

(48 salaries)

₹5 L/yr - ₹11.15 L/yr

Tool Room Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(3 salaries)

₹1 L/yr - ₹2 L/yr

Quality Engineer Salary

(38 salaries)

₹2 L/yr - ₹6.17 L/yr

Design Engineer Salary

(27 salaries)

₹2.5 L/yr - ₹8.6 L/yr

Assistant Engineer Salary

(46 salaries)

₹1.2 L/yr - ₹5.35 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Mechanical Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹4.96 L/yr

Technician Salary

(25 salaries)

₹1.8 L/yr - ₹3.96 L/yr

Supervisor Salary

(7 salaries)

₹2 L/yr - ₹3.25 L/yr

Top skills at V-Guard Industries for Tool Engineer

Tool Design Milling Plastic Die Making Lathe EDM Tool Maintenance Conventional Machines Surface Grinding

Salary related reviews for V-Guard Industries

Deputy Manager in Kochi

Full Time

Other Department

1.0

• posted on 18 Dec 2024

1.0

for Salary and Benefits

Likes

Only thing I like is no late working. Other than that there is nothing good here.

Dislikes

Lots of politics. No recognition. Very rate promotion. They deduct 15% as variable pay but never pay. Annual Salary hike only in single digits below 7%. Promotion is a dream. There are people working for 15 years without promotion. Only local people stay here as there is no career growth. They don't upgrade to use new technology but ver happy to face issues and continue to use very old methodology. If you don't co-op, you will for sure get mentally disturbed.

Salary - Bad

+6 more

Deputy Manager in Patna

Full Time

Marketing Department

5.0

• posted on 28 Oct 2022

4.0

for Salary and Benefits

Likes

V-guard company is vey good I have always enjoyed working in this company and everyone is supportive. All the products of v-guard are good and the retailer is also happy to sell these products because the product quality is well made.

Salary - Good

+5 more

Dislikes

... for paying the asked salary for people who are recruited from other companies. CTC is a mith, variable pay is included in the CTC so that no one will receive the full amount of variable pay. Employees working on similar projects will be having different pay level which even cannot be compared HR is good for nothing.

Deputy Manager in Ahmedabad

EMD Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

Welcomes and encouraging the suggestions and concerns from each level of Employees

Salary - Excellent

+6 more

Dislikes

Facing difficulty to increase / revise the salary of old staff above a normal limit. But no limitation to fix salary for newly hiring one.

Regional EHS Manager in Roorkee

Full Time

Environment Health & Safety Department

1.0

• posted on 01 Apr 2025

1.0

for Salary and Benefits

Likes

Nothing Just Salary on Time

Job security - Excellent

+1 more

Dislikes

There is a gap of more than 1.5 year between my joining and the previous safety manager and I too left the organisation in 6 months. There are lot of dislikes 1. Zero employee benifits. 2. No openness to work 3. Policy varies from person to person. 4 There is no actual path for organization, no one takes the responsibility. 5. If u r 1 min late then u need to apply leave. Don't go on the rating as this company is kerla based and all the top rating which is given are from south employee

Salary - Bad

+4 more

Assistant Manager in Kochi

Full Time

Research & Development Department

5.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Work-life balance is perfect. The company culture is good. Knowledge gaining is good. Can learn more and more things. There is a high opportunity here.

Skill development - Good

+4 more

Dislikes

Growth in this company is too slow. Moving to the next level is negligible. Remuneration or salary paid too low, in terms of experience. Increments are poor.

Promotions - Poor

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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V-Guard Industries Tool Engineer Salary FAQs

What is the salary of Tool Engineer at V-Guard Industries ?

The average salary of a Tool Engineer at V-Guard Industries in India typically ranges from ₹4.4 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Tool Engineer at V-Guard Industries earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Tool Engineer Salaries at V-Guard 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 V-Guard Industries employees in India.

What is the estimated take home salary of a Tool Engineer at V-Guard Industries in India?

The estimated take-home salary of a Tool Engineer at V-Guard Industries in India typically ranges from ₹41,446 to ₹42,590 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 5 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 4 salaries received from various employees of V-Guard Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Tool Engineer at V-Guard Industries ?

To be a Tool Engineer at V-Guard Industries in india, the key skills required include:

- Tool Design
- Milling
- Plastic
- Die Making
- Lathe

These skills are highly valued at V-Guard Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than V-Guard Industries for Tool Engineer in India?

INDO-MIM	₹21.0 Lakhs to ₹30.0 Lakhs per year
Molex	₹4.2 Lakhs to ₹9.7 Lakhs per year

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

What is the salary of a Tool Engineer in companies similar to V-Guard Industries in India?

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

IFB	₹4.0 Lakhs to ₹6.5 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year
Motherson Molds And Diecasting	₹1.2 Lakhs to ₹4.3 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 Tool Engineer at V-Guard Industries in India?

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

Experience	Average Salary Range
5 years	₹4.4 Lakhs to ₹4.5 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
8 years	₹5.8 Lakhs to ₹7.5 Lakhs per year

and so on.

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V-Guard Industries Tool Engineer Salaries

V-Guard Industries Tool Engineer salary in India ranges between ₹4.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 V-Guard Industries latest salaries received from various employees of V-Guard Industries.

V-Guard Industries Tool Engineer salaries in India

Companies similar to V-Guard Industries for Tool Engineer

Latest annual salaries shared by V-Guard Industries Tool Engineer

Experience wise V-Guard Industries Tool Engineer salaries

Similar Designation salaries in V-Guard Industries

Top skills at V-Guard Industries for Tool Engineer

Salary related reviews for V-Guard Industries

Deputy Manager in Kochi

Deputy Manager in Patna

Deputy Manager in Ahmedabad

Regional EHS Manager in Roorkee

Assistant Manager in Kochi

V-Guard Industries Tool Engineer Salary FAQs

Tell us how to improve this page.