ELGI Equipments Hardware Design Engineer Salaries by 4 Employees (Updated 2025)

2 - 3 years exp.

₹6.7 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

16% more than the average Hardware Design Engineer Salary in Industrial Machinery Companies for 2 - 3 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Hardware Design Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.5 L/yr
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Research & Development Hardware Design Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.4 L/yr

Last Updated: 20 Jan 2025

Companies similar to ELGI Equipments for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
ABB Hardware Design Engineer Salary 1 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹5 L/yr 50% less
Ingersoll Rand Hardware Design Engineer Salary 3 - 7 years exp. (3 salaries)	₹4.3 L/yr - ₹20 L/yr 67% more
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HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (265 salaries)	₹2 L/yr - ₹9 L/yr 24% less
VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (135 salaries)	₹3.2 L/yr - ₹8.5 L/yr 34% less
L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (80 salaries)	₹3.3 L/yr - ₹8.5 L/yr 26% less

Hardware Design Engineer salary at ELGI Equipments ranges between ₹6.7 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of ELGI Equipments.

Experience wise ELGI Equipments Hardware Design Engineer salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

Similar Designation salaries in ELGI Equipments

Senior Design Engineer Salary

(18 salaries)

₹4 L/yr - ₹8 L/yr

Lead Design Engineer Salary

(8 salaries)

₹6 L/yr - ₹10 L/yr

Design Engineer Salary

(19 salaries)

₹1.8 L/yr - ₹6.8 L/yr

Electrical Design Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Senior Engineer Salary

(164 salaries)

₹4.3 L/yr - ₹15 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Lead Engineer Salary

(24 salaries)

₹5.5 L/yr - ₹11 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Top skills at ELGI Equipments for Hardware Design Engineer

Circuit Designing Hardware Design Electronic Components Hardware Control System PCB Designing Electronics

Salary related reviews for ELGI Equipments

Deputy Manager in Coimbatore

Full Time

Research & Development Department

2.0

• posted on 24 May 2024

2.0

for Salary and Benefits

Likes

Quick design and development cycle. Complete ownership of the product design lifecycle.

Dislikes

R&D management Poor compensation Terrible work ethics Poor project planning Occasional harrassment High work pressure with poor design infrastructure

Salary - Poor

+5 more

Senior Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

3.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Elgi is growing company with good hopes and it's good for new joinee with 4 to 5 years of intial work life to learn new things and work freely. It gives more opportunity for a new aspirants.

Job security - Excellent

+1 more

Dislikes

The salary hikes are not upto the market standards .

Salary - Bad

+2 more

Senior Engineer in Coimbatore

Research & Development Department

3.0

• posted on 04 Aug 2019

3.0

for Salary and Benefits

Likes

MD's ideology is good. Besides that there are some very nice people at ElGi who are both friendly and supportive.

Skill development - Good

+1 more

Dislikes

Probably need to give more compensation pertaining to the market. Work culture is improving...but need to improve more

Area Sales Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Boss culture is not in Elgi . Boss are very supportive to drive and handle responsibilities

Salary - Excellent

+6 more

Dislikes

Car policy should be revised at manager level and salary structure at manager level should be distinguished with lower bands

Deputy Manager Accounts-OTC in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

... company’s growth. You easily access to talk & discussions with management team. Whatever situation is comes you get your salary last working day for the month.Work from anywhere facility world wide.You are responsible for your job, no one force you to do work for late evening or weekends.

Salary - Good

+4 more

Dislikes

As a finance professional under S& S team, that basis very low opportunity to next level as well as training & upgrade.

see more salary related reviews

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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

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ELGI Equipments Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at ELGI Equipments ?

The average salary of a Hardware Design Engineer at ELGI Equipments in India typically ranges from ₹6.7 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Hardware Design Engineer at ELGI Equipments earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Hardware Design Engineer Salaries at ELGI Equipments 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 ELGI Equipments employees in India.

What is the estimated take home salary of a Hardware Design Engineer at ELGI Equipments in India?

The estimated take-home salary of a Hardware Design Engineer at ELGI Equipments in India typically ranges from ₹59,355 to ₹60,854 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 2 years to 3 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 ELGI Equipments. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Hardware Design Engineer at ELGI Equipments ?

To be a Hardware Design Engineer at ELGI Equipments in india, the key skills required include:

- Circuit Designing
- Hardware Design
- Electronic Components
- Hardware
- Control System

These skills are highly valued at ELGI Equipments and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ELGI Equipments for Hardware Design Engineer in India?

Ingersoll Rand

₹4.3 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Hardware Design Engineer in companies similar to ELGI Equipments in India?

The salary of a Hardware Design Engineer at companies similar to ELGI Equipments in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HCLTech	₹2.0 Lakhs to ₹9.0 Lakhs per year
L&T Technology Services	₹3.3 Lakhs to ₹8.5 Lakhs per year
VVDN Technologies	₹3.2 Lakhs to ₹8.5 Lakhs per year
ABB	₹2.4 Lakhs to ₹5.0 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 Hardware Design Engineer at ELGI Equipments in India?

The salary growth for a Hardware Design Engineer at ELGI Equipments depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer can expect the following growth trajectory at ELGI Equipments:

Experience	Average Salary Range
2 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
3 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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ELGI Equipments Hardware Design Engineer Salaries

ELGI Equipments Hardware Design Engineer salary in India ranges between ₹6.7 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ELGI Equipments latest salaries received from various employees of ELGI Equipments.