Bharat Forge Material Engineer Salaries by 4 Employees

1 - 7 years exp.

₹5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Material Engineer Salary in Auto Components Companies for 1 - 7 years of experience

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Salaries in different departments

Procurement & Supply Chain Material Engineer Salary 5 - 7 years exp. (3 salaries)	₹5.2 L/yr - ₹6.4 L/yr
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Research & Development Material Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 16 Sep 2024

Companies similar to Bharat Forge for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Ashok Leyland Material Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 47% less
Samvardhana Motherson Group Material Engineer Salary 1 - 2 years exp. (3 salaries)	₹1 L/yr - ₹2.2 L/yr 75% less
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TVS Sundram Fasteners Material Engineer Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.7 L/yr 25% less
Hyundai Mobis Material Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹5.5 L/yr 29% less
Prumatech Infosystems Material Engineer Salary 1 - 6 years exp. (101 salaries)	₹1 L/yr - ₹4.2 L/yr 47% less

Material Engineer salary at Bharat Forge ranges between ₹5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Bharat Forge.

Experience wise Bharat Forge Material Engineer salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr

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Salary related reviews for Bharat Forge

Deputy Manager in Baramati

Full Time

Project & Program Management Department

4.0

• posted on 22 Aug 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. sometimes, I have to work 10-12 hours straight in a day.

Assistant Manager Electrical Maintenance in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 02 Feb 2025

2.0

for Salary and Benefits

Likes

On time salary

Dislikes

Micromanagement. Discrimination based on officer and bargaining unit status. The company claims to provide benefits, but most are only on paper. Very poor medical coverage.

Salary - Poor

+6 more

Trainee in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Dec 2024

5.0

for Salary and Benefits

Likes

Bharat forge company is very good. A lot of attention is paid to safety in India. Salary is received on time in Bharat Forge Company. Proper training for everything is given in Bharat Forge Company.

Salary - Excellent

+6 more

Dislikes

No dislike

Assistant Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

Big name. Many verticals like new vertical of Defence. Fresher can get knowledge as well as company promotes their employee fir higher education.

Skill development - Good

+2 more

Dislikes

Salary and yearly appraisal are very low as compare to other MNC

Diploma Trainee Engineer in Hyderabad / Secunderabad

Full Time

Research & Development Department

5.0

• posted on 23 Jun 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Bharat Forge Material Engineer Salary FAQs

What is the salary of Material Engineer at Bharat Forge ?

The average salary of a Material Engineer at Bharat Forge in India typically ranges from ₹5.0 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Material Engineer at Bharat Forge earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Material Engineer Salaries at Bharat Forge 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 Bharat Forge employees in India.

What is the estimated take home salary of a Material Engineer at Bharat Forge in India?

The estimated take-home salary of a Material Engineer at Bharat Forge in India typically ranges from ₹42,384 to ₹43,513 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 1 year to 7 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 Bharat Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Material Engineer in companies similar to Bharat Forge in India?

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

TVS Sundram Fasteners	₹3.0 Lakhs to ₹4.7 Lakhs per year
Hyundai Mobis	₹2.3 Lakhs to ₹5.5 Lakhs per year
Prumatech Infosystems	₹1.0 Lakhs to ₹4.2 Lakhs per year
Ashok Leyland	₹2.4 Lakhs to ₹4.0 Lakhs per year
Samvardhana Motherson Group	₹1.0 Lakhs to ₹2.2 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 Material Engineer at Bharat Forge in India?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
7 years	₹5.2 Lakhs to ₹6.7 Lakhs per year

and so on.

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Bharat Forge Material Engineer Salaries

Bharat Forge Material Engineer salary in India ranges between ₹5 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bharat Forge latest salaries received from various employees of Bharat Forge.