VASANTHA TOOL CRAFTS Tool Engineer Salaries by 4 Employees

1 - 11 years exp.

₹1.6 Lakh - ₹6.5 Lakhs

Salary of majority employees

47% less than the average Tool Engineer Salary in Industrial Machinery Companies for 1 - 11 years of experience

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Salaries in different departments

Engineering - Software & QA Tool Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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Production, Manufacturing & Engineering Tool Engineer Salary 11 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 17 Jan 2024

Companies similar to VASANTHA TOOL CRAFTS for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Phoenix Mecano Tool Engineer Salary 2 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 10% less
Veer-O-- Metals Tool Engineer Salary 5 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 1% more
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Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 40% more
INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr At par
INDO-MIM Tool Engineer Salary 4 - 14 years exp. (23 salaries)	₹21 L/yr - ₹30 L/yr 403% more

Tool Engineer salary at VASANTHA TOOL CRAFTS ranges between ₹1.6 Lakh to ₹6.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of VASANTHA TOOL CRAFTS.

Experience wise VASANTHA TOOL CRAFTS Tool Engineer salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.5 L/yr

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Similar Designation salaries in VASANTHA TOOL CRAFTS

Senior Engineer Salary

(10 salaries)

₹4.5 L/yr - ₹9.15 L/yr

Tool Room Engineer Salary

(7 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(11 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Quality Engineer Salary

(11 salaries)

₹2.05 L/yr - ₹5.4 L/yr

Design Engineer Salary

(15 salaries)

₹4.2 L/yr - ₹10.2 L/yr

Tool Maker Salary

(35 salaries)

₹1.2 L/yr - ₹5 L/yr

Tool & DIE Maker Salary

(8 salaries)

₹2.1 L/yr - ₹4.5 L/yr

Assistant Engineer Salary

(14 salaries)

₹2.9 L/yr - ₹6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for VASANTHA TOOL CRAFTS

Technician in Hyderabad / Secunderabad

Other Department

5.0

• posted on 06 Nov 2020

4.0

for Salary and Benefits

Likes

...oyees covid test conducted ..only negative people working in our organisation .. postive people take rest in hme company pay leaves recovery test money given. Inside vasantha temperature 🌡️ checking three times mrng ,after noon and evening maintain social distance. Tea time given kashayam ..arrange h.r team and luch time arranged lemon ginger and garlic .I thanking you vasntha very support for our health..

Salary - Good

+6 more

Manager (Maintainence Dept) in Balanagar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Sep 2024

5.0

for Salary and Benefits

Likes

The management of Vasantha is very friendly and supportive, particularly MD of Vasantha tools is very support to employees and provide the secure to employees family,as per my experience any thing wrong with employees only, management side there is no issues.overall good management.

Salary - Excellent

+6 more

Dislikes

Nothing.

Quality Inspector in Hyderabad / Secunderabad

Quality Assurance Department

5.0

• posted on 15 Aug 2020

1.0

for Salary and Benefits

Likes

They are not support to employees,they were working us at the time of lockdown, but they didn't gave us full salaries,but job is secured,rules of the company to the employees are different for every person to person rules has been changed

Skill development - Excellent

+3 more

Dislikes

HR management worest their rules are changed person to person so I am not comfortable with this

Salary - Bad

+1 more

Project Engineer

Project & Program Management Department

5.0

• posted on 21 Mar 2018

5.0

for Salary and Benefits

Likes

I would love to continue with Vasantha tools for another 15 years ,the work environment,the management ,the technology & the the skilled technicians are really incredible

Salary - Excellent

+5 more

Dislikes

I would like to write here one point that the carrier/position growth opportunity is very less even if u will continue for 10-15 years also u will not get that

Jr.Accoountant in Hyderabad / Secunderabad

Finance & Accounting Department

4.0

• posted on 21 May 2021

1.0

for Salary and Benefits

Likes

Work culture, management

Company culture - Good

Dislikes

There is a lot of politics and the management doesn’t address our issues. career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Salary - Bad

+1 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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VASANTHA TOOL CRAFTS Tool Engineer Salary FAQs

What is the salary of Tool Engineer at VASANTHA TOOL CRAFTS ?

The average salary of a Tool Engineer at VASANTHA TOOL CRAFTS in India typically ranges from ₹1.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Tool Engineer at VASANTHA TOOL CRAFTS earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Tool Engineer Salaries at VASANTHA TOOL CRAFTS 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 VASANTHA TOOL CRAFTS employees in India.

What is the estimated take home salary of a Tool Engineer at VASANTHA TOOL CRAFTS in India?

The estimated take-home salary of a Tool Engineer at VASANTHA TOOL CRAFTS in India typically ranges from ₹31,307 to ₹32,601 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 11 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 VASANTHA TOOL CRAFTS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than VASANTHA TOOL CRAFTS 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
Veer-O-- Metals	₹3.0 Lakhs to ₹5.0 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year

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

What is the salary of a Tool Engineer in companies similar to VASANTHA TOOL CRAFTS in India?

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

Phoenix Mecano

₹3.5 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 Tool Engineer at VASANTHA TOOL CRAFTS in India?

The salary growth for a Tool Engineer at VASANTHA TOOL CRAFTS depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at VASANTHA TOOL CRAFTS:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹3.4 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹1.3 Lakhs to ₹4.1 Lakhs per year

and so on.

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VASANTHA TOOL CRAFTS Tool Engineer Salaries

VASANTHA TOOL CRAFTS Tool Engineer salary in India ranges between ₹1.6 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 VASANTHA TOOL CRAFTS latest salaries received from various employees of VASANTHA TOOL CRAFTS.