Hospet Steels Engineer Salaries by 40+ Employees (Updated 2025)

2 - 11 years exp.

₹1.5 Lakh - ₹6.2 Lakhs

Salary of majority employees

42% less than the average Engineer Salary in Iron & Steel Companies for 2 - 11 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Engineer Salary 2 - 11 years exp. (30 salaries)	₹1.9 L/yr - ₹6.2 L/yr
Procurement & Supply Chain Engineer Salary 8 - 11 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
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Quality Assurance Engineer Salary 5 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹3.6 L/yr
Engineering - Hardware & Networks Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 28 Feb 2025

Companies similar to Hospet Steels for Engineer

Company name	Avg Annual Salary	Open Jobs
SHYAM METALICS AND ENERGY Engineer Salary 1 - 10 years exp. (213 salaries)	₹2.1 L/yr - ₹6.1 L/yr 23% more
Jai Balaji Group Engineer Salary 3 - 11 years exp. (113 salaries)	₹2.1 L/yr - ₹6 L/yr 23% more
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Slr Metaliks Engineer Salary 1 - 10 years exp. (92 salaries)	₹1.8 L/yr - ₹5 L/yr At par
Bmm Ispat Engineer Salary 1 - 7 years exp. (91 salaries)	₹2.6 L/yr - ₹7 L/yr 23% more
Electrotherm Engineer Salary 1 - 8 years exp. (86 salaries)	₹2.1 L/yr - ₹6.5 L/yr 18% more
Sunflag Iron and Steel Engineer Salary 1 - 13 years exp. (86 salaries)	₹2.8 L/yr - ₹6.6 L/yr 43% more
Welspun Corp Engineer Salary 1 - 6 years exp. (80 salaries)	₹2 L/yr - ₹6.5 L/yr 19% more
Kirloskar Ferrous Industries Engineer Salary 3 - 10 years exp. (63 salaries)	₹2.4 L/yr - ₹6.5 L/yr 43% more
Aarti Steels Engineer Salary 1 - 9 years exp. (49 salaries)	₹3 L/yr - ₹6 L/yr 30% more
Ratnamani Metals and Tubes Engineer Salary 1 - 7 years exp. (48 salaries)	₹2.4 L/yr - ₹4.9 L/yr 10% more
Usha Martin Engineer Salary 1 - 8 years exp. (46 salaries)	₹3 L/yr - ₹6.8 L/yr 45% more
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Jayaswal Neco Industries Engineer Salary 2 - 5 years exp. (42 salaries)	₹1.9 L/yr - ₹4.7 L/yr 13% less
Rimjhim Ispat Engineer Salary 2 - 8 years exp. (39 salaries)	₹1.5 L/yr - ₹4.2 L/yr 3% less
MM Forgings Engineer Salary 3 - 10 years exp. (31 salaries)	₹2.2 L/yr - ₹5.4 L/yr 19% more
Jindal Industries Private Limited Engineer Salary 2 - 10 years exp. (26 salaries)	₹2 L/yr - ₹5 L/yr 17% more
MSP Steel & Power Engineer Salary 3 - 6 years exp. (26 salaries)	₹2.4 L/yr - ₹5.6 L/yr 21% more
VISA Steel Engineer Salary 6 - 15 years exp. (19 salaries)	₹3.4 L/yr - ₹5.6 L/yr 34% more
Indian Metals & Ferro Alloys Engineer Salary 1 - 15 years exp. (18 salaries)	₹2.1 L/yr - ₹8.2 L/yr 39% more
Sanyo Special Steel Manufacturing Engineer Salary 0 - 12 years exp. (16 salaries)	₹2 L/yr - ₹5.3 L/yr 18% more
Vandana Global Engineer Salary 0 - 7 years exp. (16 salaries)	₹2.3 L/yr - ₹5.5 L/yr 16% more

View all

Engineer salary at Hospet Steels ranges between ₹1.5 Lakh to ₹6.2 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 46 latest salaries received from various employees of Hospet Steels.

Experience wise Hospet Steels Engineer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹1.8 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (5 salaries)	₹1.5 L/yr - ₹4 L/yr
5 years (3 salaries)	₹2.7 L/yr - ₹3.7 L/yr
6 years (6 salaries)	₹2.7 L/yr - ₹5 L/yr
7 years (4 salaries)	₹2.6 L/yr - ₹4.3 L/yr
8 years (6 salaries)	₹3.5 L/yr - ₹6 L/yr
9 years (7 salaries)	₹2 L/yr - ₹5.1 L/yr
10 years (6 salaries)	₹3.5 L/yr - ₹4.5 L/yr
11 years (3 salaries)	₹1.6 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in Hospet Steels

Site Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Officer Salary

(4 salaries)

₹3.3 L/yr - ₹9.23 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Engineer Salary

(5 salaries)

₹3.7 L/yr - ₹4.35 L/yr

Junior Engineer Salary

(55 salaries)

₹1.9 L/yr - ₹4 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Technician Salary

(4 salaries)

₹2 L/yr - ₹2.25 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Executive Engineer Salary

(27 salaries)

₹3.9 L/yr - ₹8 L/yr

Electrical Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹6 L/yr

Salary related reviews for Hospet Steels

2.6

Rated by 8 employees for salary & benefits

Chief Security Officer in Hosapete

Full Time

Security Department

5.0

• posted on 04 Jan 2023

5.0

for Salary and Benefits

Likes

...ment is transparent. There is a good swimming pool n gaming arcade for chilling. The company policies r good, appraisals r fair n they give good salary hike n bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing to write...

Electrical & Instrumentation Technician in Koppal

Other Department

5.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture Teammates are supportive and the management. give good appraisals are fair and good salary every year bonus

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Diploma Trainee Engineer in Hosapete

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 04 Sep 2024

5.0

for Salary and Benefits

Likes

Here there is a lot of opportunity to learn because it is about work They tell us and tell us to work

Salary - Excellent

+6 more

Dislikes

There is a lot of dust and the road side is not clean at all and the canteen arrangement is also not good

Purchase Executive in Koppal

Full Time

Procurement & Supply Chain Department

3.0

• posted on 01 Aug 2022

1.0

for Salary and Benefits

Likes

Bus Facility, Office timings. nothing else

Dislikes

Dont have any belief in employees, Continious Audits, unnecessary work pressures and urgent requirements, insufficient warehouse inventory which leads everything urgent in purchase.

Salary - Bad

+4 more

Mechanical Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 10 Dec 2017

4.0

for Salary and Benefits

Likes

in Our company here engineers not only do related work ,we are also learn about other type of works just like design ,material indent responsbility ,mechanical maintenance ,learn about TPM ,5s..

Salary - Good

+6 more

Dislikes

Nothing

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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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Hospet Steels Engineer Salary FAQs

What is the salary of Engineer at Hospet Steels ?

The average salary of a Engineer at Hospet Steels in India typically ranges from ₹1.5 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Engineer at Hospet Steels earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Engineer Salaries at Hospet Steels 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 40+ Hospet Steels employees in India.

What is the estimated take home salary of a Engineer at Hospet Steels in India?

The estimated take-home salary of a Engineer at Hospet Steels in India typically ranges from ₹24,277 to ₹25,726 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 2 years to 11 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 40+ salaries received from various employees of Hospet Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hospet Steels for Engineer in India?

Emirates Steel Industries	₹12.0 Lakhs to ₹15.9 Lakhs per year
Mukand Limited	₹5.0 Lakhs to ₹9.2 Lakhs per year
Usha Martin	₹3.0 Lakhs to ₹6.8 Lakhs per year
Kirloskar Ferrous Industries	₹2.4 Lakhs to ₹6.5 Lakhs per year
Sunflag Iron and Steel	₹2.8 Lakhs to ₹6.6 Lakhs per year

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

What is the salary of a Engineer in companies similar to Hospet Steels in India?

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

TUBACEX	₹3.7 Lakhs to ₹6.0 Lakhs per year
Indian Metals & Ferro Alloys	₹2.1 Lakhs to ₹8.2 Lakhs per year
VISA Steel	₹3.4 Lakhs to ₹5.6 Lakhs per year
Sandfits Foundries	₹3.5 Lakhs to ₹6.0 Lakhs per year
Aarti Steels	₹3.0 Lakhs to ₹6.0 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 Engineer at Hospet Steels in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.7 Lakhs per year

and so on.

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Hospet Steels Engineer Salaries

Hospet Steels Engineer salary in India ranges between ₹1.5 Lakh to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 Hospet Steels latest salaries received from various employees of Hospet Steels.