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INDO-MIM Tool Engineer salaries in India

Annual salary range
4 - 14 years exp.
₹17.6 Lakhs - ₹30 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Tool Engineer Salary at INDO-MIM ranges between ₹17.6 Lakhs to ₹30 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 23 latest salaries received from various... Read more

123% more than the average Tool Engineer Salary in Metals & Mining Companies for 4 - 14 years of experience

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Last Updated: 28 Nov 2024

Companies similar to INDO-MIM for Tool Engineer

Company name Avg Annual Salary Open Jobs
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Molex Tool Engineer Salary

5 - 11 years exp. (40 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 63% less
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INTERPLEX Tool Engineer Salary

5 - 10 years exp. (21 salaries)

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₹3 L/yr - ₹5.4 L/yr

arrow icon 76% less
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GM Modular Tool Engineer Salary

2 years exp. (19 salaries)

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₹18 L/yr - ₹26 L/yr

arrow icon 17% more
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₹27 L/yr - ₹34.5 L/yr

arrow icon 68% more
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Mold-Masters Tool Engineer Salary

3 - 17 years exp. (15 salaries)

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₹27 L/yr - ₹34.5 L/yr

arrow icon 68% more

INDO-MIM Tool Engineer salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹15.8 L/yr - ₹20.2 L/yr
5 years (AmbitionBox Estimate)

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₹15.9 L/yr - ₹20.3 L/yr
6 years (AmbitionBox Estimate)

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₹15.9 L/yr - ₹20.3 L/yr
7 years (AmbitionBox Estimate)

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₹16 L/yr - ₹20.4 L/yr
8 years (AmbitionBox Estimate)

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₹16 L/yr - ₹20.5 L/yr
View all salaries by experience

Similar Designation Salaries at INDO-MIM

Similar Designation Avg. annual salary
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₹4.2 L/yr - ₹9 L/yr

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₹2 L/yr - ₹8.3 L/yr

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₹2.8 L/yr - ₹4.4 L/yr

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₹1.8 L/yr - ₹7.5 L/yr

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₹1.8 L/yr - ₹7 L/yr

Tool Maker Salary
(24 salaries)
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₹1.4 L/yr - ₹3.3 L/yr

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₹1.2 L/yr - ₹5 L/yr

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₹1.2 L/yr - ₹4.6 L/yr

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₹1.3 L/yr - ₹1.8 L/yr

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₹4.2 L/yr - ₹8.3 L/yr

View more similar designations

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a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for INDO-MIM

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Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

4.0
  •  updated on 04 Dec 2020

4.0
 for  Salary and Benefits

Likes

The way they used to encourage and bringing out the skills, giving the confidence in me for the betterment for future job opportunities. The management is very good, they provide accommodation like foods, rooms, cab facility etc Work is also helped to gain the knowledge about quality, not only about quality 5s, checklists, kaizen etc

read more
  • Salary - Good
  • +6 more

Dislikes

Salary I felt it should be more and by the time experience gets they will increase....

read more

Research & Development Department

4.0
  •  updated on 21 May 2021

3.0
 for  Salary and Benefits

Likes

Over a very good environment to work and learn, but work life balance for lover and mid level people is very bad, and no other benifits like outings but company provides food and cab facility so over all a good company for beginners and very good company for experienced persons to settle.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Some times we need to work over time and they doesn't pay for that nor they give leave for that and Salary wise it's good while joining but increment is not at all good.

read more

Tool Room Department

5.0
  •  updated on 03 Jul 2018

5.0
 for  Salary and Benefits

Likes

The Company Was Good All Activitiesu i liked this company Andis its Karnataka in 1sta is there metal injection moulding i learned about Tool Maintenance Blueto matching , tool assembling, tool correction. in this company blue and red matching will do for tool corection and etc

read more
  • Salary - Excellent
  • +6 more

Dislikes

salary is not good

Full Time

 · 

Research & Development Department

3.0
  •  updated on 26 Sep 2023

2.0
 for  Salary and Benefits

Likes

Personal work life balance and job security is too good

  • Job security - Good
  • +1 more

Dislikes

There is no proper work culture here, and no salary increment as per experience and talent, no encouragement for real talent. Especially no value for Designers, no one knows the value of a Designer here. Equal salary for ITI guy and also a Engineer guy, No value for qualifications. And one more very bad culture is, when someone resigned, no one will ask for stayback or nobody will ask about this situation or the problem.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Media Production & Entertainment Department

2.0
  •  updated on 16 Oct 2023

1.0
 for  Salary and Benefits

Likes

🤐 😡 I am just working for my commitment's and it's important for my family commitment

Dislikes

Low pay 😡 Inflexible work schedules i don't like management culture Company not recognize my qualifications

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

INDO-MIM Tool Engineer Salary FAQs

What is the salary of Tool Engineer at INDO-MIM ?
The average salary of a Tool Engineer at INDO-MIM in India typically ranges from ₹17.6 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Tool Engineer at INDO-MIM earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Tool Engineer Salaries at INDO-MIM 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 20+ INDO-MIM employees in India.
What is the estimated take home salary of a Tool Engineer at INDO-MIM in India?
The estimated take-home salary of a Tool Engineer at INDO-MIM in India typically ranges from ₹1,20,410 to ₹1,23,791 per month. This is based on the average salary range of ₹17.6 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 4 years to 14 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 20+ salaries received from various employees of INDO-MIM . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than INDO-MIM for Tool Engineer in India?
Aditya Auto Products & Engineering ₹27.0 Lakhs to ₹34.5 Lakhs per year
Mold-Masters ₹27.0 Lakhs to ₹34.5 Lakhs per year
GM Modular ₹18.0 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by INDO-MIM , depending on the role and experience level.
What is the salary of a Tool Engineer in companies similar to INDO-MIM in India?
The salary of a Tool Engineer at companies similar to INDO-MIM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Molex ₹4.2 Lakhs to ₹10.0 Lakhs per year
INTERPLEX ₹3.0 Lakhs to ₹5.4 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 INDO-MIM in India?
The salary growth for a Tool Engineer at INDO-MIM depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at INDO-MIM :

Experience Average Salary Range
4 years ₹15.8 Lakhs to ₹20.2 Lakhs per year
5 years ₹15.9 Lakhs to ₹20.3 Lakhs per year
6 years ₹15.9 Lakhs to ₹20.3 Lakhs per year
7 years ₹16.0 Lakhs to ₹20.4 Lakhs per year
and so on.

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INDO-MIM Tool Engineer salary in India ranges between ₹17.6 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 INDO-MIM latest salaries received from various employees of INDO-MIM .