Dewas Hydroquip Indore Mechanical Engineer Salaries by 4 Employees

1 - 4 years exp.

₹1.6 Lakh - ₹2.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Mechanical Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Research & Development Mechanical Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Dewas Hydroquip for Mechanical Engineer in Indore

Dewas Hydroquip Mechanical Engineer Salary

1 - 4 years exp. (4 salaries)

₹1.6 L/yr - ₹2.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Mechanical Engineer Salary 3 - 7 years exp. (6 salaries)	₹2 L/yr - ₹4.5 L/yr 55% more
ZF Steering Gear Mechanical Engineer Salary 1 - 4 years exp. (5 salaries)	₹1.3 L/yr - ₹3 L/yr 24% more
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Force Motors Mechanical Engineer Salary 1 - 12 years exp. (31 salaries)	₹2 L/yr - ₹5.8 L/yr 115% more
Larsen & Toubro Limited Mechanical Engineer Salary 1 - 10 years exp. (16 salaries)	₹1.8 L/yr - ₹9.5 L/yr 194% more	1 job opening
L&T Construction Mechanical Engineer Salary 2 - 7 years exp. (14 salaries)	₹3.5 L/yr - ₹9 L/yr 262% more

Mechanical Engineer salary at Dewas Hydroquip ranges between ₹1.6 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Dewas Hydroquip.

Experience wise Dewas Hydroquip Mechanical Engineer salaries in Indore

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in Dewas Hydroquip

Junior Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹2.4 L/yr

Salary related reviews for Dewas Hydroquip

Store Incharge in Dewas

Store Department

3.0

• posted on 11 Aug 2018

3.0

for Salary and Benefits

Likes

Good working experience Skill Development & Learning atmosphere available in Dewas Hydroquip

Skill development - Excellent

+2 more

Dislikes

Career Growth & Job Security only 10% available in Dewas Hydroquip. Salary structure is not on Satisfy level.

Job security - Poor

+1 more

Process Quality Analyst in Dewas Madhya Pradesh

Production, Manufacturing & Engineering Department

1.0

• posted on 23 Sep 2020

1.0

for Salary and Benefits

Likes

They didn't supported us at all I will say dewas Hydroquip pvt LTD cheated us they fired without any notice also they didn't gave us salary even not 50% in lockdown also they didn't gave the refund money which they cutted in every month 2000rs they didn't gave us return after firing out too 6000rs pending very very bad experience no job security no notice period I wanna complaints against them

Dislikes

No job security and no refund of security money I just wanna my 6000rs back

Salary - Bad

+4 more

see more salary related reviews

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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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Dewas Hydroquip Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Dewas Hydroquip in Indore?

The average salary of a Mechanical Engineer at Dewas Hydroquip in Indore typically ranges from ₹1.6 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Mechanical Engineer in Indore at Dewas Hydroquip earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Mechanical Engineer Salaries at Dewas Hydroquip 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 Dewas Hydroquip employees in India.

What is the estimated take home salary of a Mechanical Engineer at Dewas Hydroquip in Indore?

The estimated take-home salary of a Mechanical Engineer at Dewas Hydroquip in Indore typically ranges from ₹13,310 to ₹14,731 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 Dewas Hydroquip. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Dewas Hydroquip for Mechanical Engineer in India?

L&T Construction	₹3.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited	₹1.8 Lakhs to ₹9.5 Lakhs per year
Force Motors	₹2.0 Lakhs to ₹5.8 Lakhs per year
Samvardhana Motherson Group	₹2.0 Lakhs to ₹4.5 Lakhs per year
ZF Steering Gear	₹1.3 Lakhs to ₹3.0 Lakhs per year

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

How the salary growth look like for a Mechanical Engineer at Dewas Hydroquip in Indore?

The salary growth for a Mechanical Engineer at Dewas Hydroquip in Indore depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Indore can expect the following growth trajectory at Dewas Hydroquip:

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Dewas Hydroquip Mechanical Engineer Salaries in Indore

Dewas Hydroquip Mechanical Engineer salary in Indore ranges between ₹1.6 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Dewas Hydroquip latest salaries received from various employees of Dewas Hydroquip.