Indus Electronics Hardware Design Engineer Salaries by 4 Employees

1 - 3 years exp.

₹1 Lakh - ₹1.8 Lakh

Avg. annual salary

Monthly In-hand Salary

77% less than the average Hardware Design Engineer Salary for 1 - 3 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Indus Electronics for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (272 salaries)	₹2 L/yr - ₹10.5 L/yr 285% more
VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (135 salaries)	₹3.2 L/yr - ₹8.5 L/yr 233% more
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L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (80 salaries)	₹3.3 L/yr - ₹8.5 L/yr 270% more
Valeo Hardware Design Engineer Salary 3 - 7 years exp. (80 salaries)	₹6 L/yr - ₹15 L/yr 555% more
Bosch Global Software Technologies Hardware Design Engineer Salary 1 - 5 years exp. (75 salaries)	₹5 L/yr - ₹13.5 L/yr 435% more

Hardware Design Engineer salary at Indus Electronics ranges between ₹1 Lakh to ₹1.8 Lakh per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Indus Electronics.

Experience wise Indus Electronics Hardware Design Engineer salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

Similar Designation salaries in Indus Electronics

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indus Electronics Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Indus Electronics ?

The average salary of a Hardware Design Engineer at Indus Electronics in India typically ranges from ₹1.0 Lakhs to ₹1.8 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Hardware Design Engineer at Indus Electronics earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Hardware Design Engineer Salaries at Indus Electronics 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 Indus Electronics employees in India.

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

The estimated take-home salary of a Hardware Design Engineer at Indus Electronics in India typically ranges from ₹10,852 to ₹12,061 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹1.8 Lakhs per year for employees with experience ranging from 1 year 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 Indus Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indus Electronics for Hardware Design Engineer in India?

Valeo	₹6.0 Lakhs to ₹15.0 Lakhs per year
Bosch Global Software Technologies	₹5.0 Lakhs to ₹13.5 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹10.5 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

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

How the salary growth look like for a Hardware Design Engineer at Indus Electronics in India?

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

Experience	Average Salary Range
1 year	₹1.3 Lakhs to ₹1.6 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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Indus Electronics Hardware Design Engineer Salaries

Indus Electronics Hardware Design Engineer salary in India ranges between ₹1 Lakh to ₹1.8 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Indus Electronics latest salaries received from various employees of Indus Electronics.

Indus Electronics Hardware Design Engineer salaries in India

Companies similar to Indus Electronics for Hardware Design Engineer

Latest annual salaries shared by Indus Electronics Hardware Design Engineer

Experience wise Indus Electronics Hardware Design Engineer salaries

Similar Designation salaries in Indus Electronics

Indus Electronics Hardware Design Engineer Salary FAQs

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