Ashok Iron Works Mechanical Engineer Salaries by 10+ Employees (Updated 2024)

5 - 12 years exp.

₹4 Lakhs - ₹5 Lakhs

Salary of majority employees

7% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 5 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 5 - 12 years exp. (9 salaries)	₹4 L/yr - ₹5 L/yr
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Construction & Site Engineering Mechanical Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 14 Mar 2024

Companies similar to Ashok Iron Works for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (336 salaries)	₹1.2 L/yr - ₹8.5 L/yr 3% more
JSW Steel Mechanical Engineer Salary 0 - 13 years exp. (187 salaries)	₹1.7 L/yr - ₹10 L/yr 18% more
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Steel Authority Of India Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹9.8 L/yr 23% more
ArcelorMittal Nippon Steel Mechanical Engineer Salary 1 - 7 years exp. (125 salaries)	₹1.3 L/yr - ₹8 L/yr 9% more
Vedanta Limited Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	₹3.6 L/yr - ₹11.2 L/yr 58% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 16 years exp. (90 salaries)	₹1.8 L/yr - ₹8.4 L/yr 26% more
Bhushan Power & Steel Mechanical Engineer Salary 2 - 13 years exp. (128 salaries)	₹2.5 L/yr - ₹7.5 L/yr 17% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	₹1 L/yr - ₹6.5 L/yr 15% less
ArcelorMittal Mechanical Engineer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 4% less
Asb International Mechanical Engineer Salary 2 - 10 years exp. (103 salaries)	₹2 L/yr - ₹6.2 L/yr 9% less
INDO-MIM Mechanical Engineer Salary 1 - 10 years exp. (30 salaries)	₹1.3 L/yr - ₹8.4 L/yr 34% more
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GKN Mechanical Engineer Salary 0 - 10 years exp. (29 salaries)	₹1.8 L/yr - ₹7 L/yr 35% less
TechnipFMC Mechanical Engineer Salary 1 - 8 years exp. (29 salaries)	₹4.8 L/yr - ₹12 L/yr 101% more
Wipro Infrastructure Engineering Mechanical Engineer Salary 0 - 5 years exp. (26 salaries)	₹1.2 L/yr - ₹5 L/yr 43% less
Sigma Electric Manufacturing Corporation Mechanical Engineer Salary 1 - 5 years exp. (24 salaries)	₹1.1 L/yr - ₹5.7 L/yr 34% less
Shaktiman Tirth Agro Technology Mechanical Engineer Salary 0 - 10 years exp. (24 salaries)	₹1.9 L/yr - ₹3.8 L/yr 39% less
Craftsman Automation Mechanical Engineer Salary 1 - 11 years exp. (18 salaries)	₹1 L/yr - ₹6.1 L/yr 14% less
TK Elevator Mechanical Engineer Salary 1 - 9 years exp. (16 salaries)	₹2.9 L/yr - ₹10 L/yr 33% more
Forbes Marshall Mechanical Engineer Salary 0 - 9 years exp. (16 salaries)	₹2.5 L/yr - ₹6.3 L/yr 9% more
Gmmco Mechanical Engineer Salary 2 - 9 years exp. (13 salaries)	₹2.4 L/yr - ₹5.8 L/yr 7% more

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Mechanical Engineer salary at Ashok Iron Works ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 11 latest salaries received from various employees of Ashok Iron Works.

Experience wise Ashok Iron Works Mechanical Engineer salaries

Last Updated: 14 Mar 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹4 L/yr - ₹7.5 L/yr
6 years (3 salaries)	₹4 L/yr - ₹5 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

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Similar Designation salaries in Ashok Iron Works

Electrical Engineer Salary

(13 salaries)

₹2.25 L/yr - ₹4 L/yr

Senior Engineer Salary

(35 salaries)

₹3 L/yr - ₹6.55 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Junior Engineer Salary

(22 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Maintenance Engineer Salary

(7 salaries)

₹2 L/yr - ₹3.5 L/yr

Project Engineer Salary

(7 salaries)

₹3 L/yr - ₹5 L/yr

Production Engineer Salary

(21 salaries)

₹2.3 L/yr - ₹5.5 L/yr

Senior Electrical Engineer Salary

(3 salaries)

₹4.05 L/yr - ₹5.1 L/yr

Technician Salary

(14 salaries)

₹1.7 L/yr - ₹3 L/yr

Mechanical Maintenance Engineer Salary

(4 salaries)

₹2 L/yr - ₹4.2 L/yr

Salary related reviews for Ashok Iron Works

3.0

Rated by 1 employees for salary & benefits

Tool Room Incharge in Navage. At Belagavi

Production, Manufacturing & Engineering Department

5.0

• posted on 14 Nov 2020

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. This is a place for constructive feed back. Salaryy is decent but career growth is slow. On the job training is not given to new joinees.

Electrical Shift Engineer in Belgaum

Production, Manufacturing & Engineering Department

4.0

• posted on 05 Oct 2020

3.0

for Salary and Benefits

Likes

Getting good experience in my electrical field

Dislikes

... individuals effort and appreciating their work is very poor, resulting less exposure and carrier growth, No salary hike or increments for long period of time, No proper Cafeteria and canteen arrangements in shifts

Graduate Engineer Trainee (Get) in Belgaum

Production Department

3.0

• posted on 10 Dec 2018

2.0

for Salary and Benefits

Likes

Intended to work in Prove out NPD Department. Loved working on CNC programming & machine mechanisms. Configuration of machines.

Dislikes

Full of documentation works. Documentation stopped me from learning & involving in NPD Activities. Ratio of learning to documentation should be 7:3 but not reverse. The reverse case I experienced in this company. Compensation & benefits are very poor.

CNC Operator in Belgaum

Other Department

5.0

• posted on 10 Jan 2022

3.0

for Salary and Benefits

Likes

Excellent people best working environment always something there to learn new it has the big plants seeking work always nice opportunity to learn and work.

Dislikes

The most common and genuine de merit politics, salary is bit of less as seen to hardwork

Assistant Manager Materials in Belgaum

Procurement & Supply Chain Department

5.0

• posted on 08 Mar 2019

4.0

for Salary and Benefits

Likes

...al staff, Good management. ISO & EHS,Kaizen , 5s,TPM policies strictly followed. Good Pay masters. Job security -Yes ...Best company presently in Belgaum-Udyambag.

Dislikes

Favoritism, Internal politics more , Safety equipment supplied but not properly used.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ashok Iron Works Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Ashok Iron Works?

Mechanical Engineer salary at Ashok Iron Works in India ranges between ₹4.0 Lakhs to ₹5.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 7% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Ashok Iron Works India.

How does the salary of a Mechanical Engineer at Ashok Iron Works India compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Ashok Iron Works is 7% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Ashok Iron Works to a Mechanical Engineer in India?

TechnipFMC Mechanical Engineer Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
Flowserve Mechanical Engineer Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
Danfoss Industries Mechanical Engineer Salary - ₹6.7 Lakhs to ₹9.5 Lakhs per year
Vedanta Limited Mechanical Engineer Salary - ₹3.6 Lakhs to ₹11.2 Lakhs per year
Andritz Hydro Location India Mechanical Engineer Salary - ₹2.2 Lakhs to ₹8.4 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Ashok Iron Works in India?

INDO-MIM Mechanical Engineer Salary - ₹1.3 Lakhs to ₹8.4 Lakhs per year
TK Elevator Mechanical Engineer Salary - ₹2.9 Lakhs to ₹10.0 Lakhs per year
Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
Zetwerk Manufacturing Businesses Mechanical Engineer Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Ashok Iron Works in India?

The estimated take-home salary of a Mechanical Engineer at Ashok Iron Works ranges between ₹31,576 per month to ₹32,867 per month in India. The take-home salary calculation is based on the average Ashok Iron Works Mechanical Engineer salary in India which ranges between ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Ashok Iron Works?

According to AmbitionBox, 80% of the Ashok Iron Works Mechanical Engineers reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Ashok Iron Works Mechanical Engineer Salaries

Ashok Iron Works Mechanical Engineer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Ashok Iron Works latest salaries received from various employees of Ashok Iron Works.