Forgewell Design & Development Engineer Salaries by 4 Employees

2 - 5 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Salary of majority employees

54% less than the average Design & Development Engineer Salary for 2 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Forgewell for Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Healthineers Design & Development Engineer Salary 2 - 7 years exp. (102 salaries)	₹8 L/yr - ₹20.3 L/yr 558% more
Siemens Healthcare Design & Development Engineer Salary 2 - 6 years exp. (42 salaries)	₹7.5 L/yr - ₹21.6 L/yr 503% more	2 job openings
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Forbes Marshall Design & Development Engineer Salary 1 - 9 years exp. (38 salaries)	₹4.5 L/yr - ₹11.8 L/yr 252% more
Diam Display India Private Limited Design & Development Engineer Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹4.5 L/yr 49% more
Padmini VNA Mechatronics Design & Development Engineer Salary 1 - 5 years exp. (29 salaries)	₹3.6 L/yr - ₹7.5 L/yr 115% more

Design & Development Engineer salary at Forgewell ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Forgewell.

Experience wise Forgewell Design & Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Forgewell

5.0

Rated by 1 employees for salary & benefits

Quality Analyst in Faridabad

Customer Success, Service & Operations Department

3.0

• posted on 01 Apr 2018

3.0

for Salary and Benefits

Likes

It's a company which provides a platform to learn and implement ur studies over here

Dislikes

All the working staff like workers and some seniors they are present to point ur bad things but not tell u right way to do it

Company culture - Poor

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Forgewell Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Forgewell ?

The average salary of a Design & Development Engineer at Forgewell in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Design & Development Engineer at Forgewell earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design & Development Engineer Salaries at Forgewell 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 Forgewell employees in India.

What is the estimated take home salary of a Design & Development Engineer at Forgewell in India?

The estimated take-home salary of a Design & Development Engineer at Forgewell in India typically ranges from ₹18,181 to ₹19,871 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 Forgewell. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Forgewell for Design & Development Engineer in India?

Siemens Healthineers	₹8.0 Lakhs to ₹20.3 Lakhs per year
Siemens Healthcare	₹7.5 Lakhs to ₹21.6 Lakhs per year
Forbes Marshall	₹4.5 Lakhs to ₹11.8 Lakhs per year
Padmini VNA Mechatronics	₹3.6 Lakhs to ₹7.5 Lakhs per year
Diam Display India Private Limited	₹2.0 Lakhs to ₹4.5 Lakhs per year

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

How the salary growth look like for a Design & Development Engineer at Forgewell in India?

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

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Forgewell Design & Development Engineer Salaries

Forgewell Design & Development Engineer salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Forgewell latest salaries received from various employees of Forgewell.

Forgewell Design & Development Engineer salaries in India