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Iol Chemicals & Pharmaceuticals Mechanical Engineer salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹4.2 Lakhs - ₹7.2 Lakhs
Salary of majority employees
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24% more than the average Mechanical Engineer Salary in Pharma Companies for 1 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
1 - 4 years exp. (5 salaries)
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₹4.2 L/yr - ₹5.5 L/yr

Project & Program Management
Mechanical Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

Last Updated: 23 Jan 2025

Companies similar to Iol Chemicals & Pharmaceuticals for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Aarti Industries Mechanical Engineer Salary

2 - 7 years exp. (114 salaries)

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₹2 L/yr - ₹6.8 L/yr

arrow icon 26% less
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Laurus Labs Mechanical Engineer Salary

0 - 14 years exp. (5 salaries)

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₹1.5 L/yr - ₹7.2 L/yr

arrow icon 21% less
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Granules India Mechanical Engineer Salary

3 - 8 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 7% less
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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 50% less
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Jubilant Pharmova Mechanical Engineer Salary

2 - 6 years exp. (13 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 42% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 49% less
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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 63% less
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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 42% less
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Hetero Mechanical Engineer Salary

1 - 7 years exp. (45 salaries)

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₹2 L/yr - ₹5.9 L/yr

arrow icon 37% less
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ACG Worldwide Mechanical Engineer Salary

0 - 8 years exp. (28 salaries)

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₹1 L/yr - ₹8 L/yr

arrow icon 8% less
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Gland Pharma Mechanical Engineer Salary

2 - 6 years exp. (7 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 54% less
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Medtronic Mechanical Engineer Salary

4 - 10 years exp. (9 salaries)

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₹15 L/yr - ₹39 L/yr

arrow icon 299% more
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 55% less
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Biological E Mechanical Engineer Salary

1 - 13 years exp. (5 salaries)

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₹1 L/yr - ₹5.8 L/yr

arrow icon 37% less
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Shilpa Medicare Mechanical Engineer Salary

2 - 6 years exp. (4 salaries)

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₹2.8 L/yr - ₹4.8 L/yr

arrow icon 36% less
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Abbott Mechanical Engineer Salary

0 - 4 years exp. (4 salaries)

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₹1.1 L/yr - ₹3.7 L/yr

arrow icon 50% less
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₹2.2 L/yr - ₹5 L/yr

arrow icon 34% less
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Ajanta Pharma Mechanical Engineer Salary

0 - 5 years exp. (4 salaries)

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₹1.6 L/yr - ₹4 L/yr

arrow icon 53% less
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Micro Labs Mechanical Engineer Salary

3 - 5 years exp. (5 salaries)

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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 46% less
1 job opening
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NecLife Mechanical Engineer Salary

2 - 13 years exp. (4 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 33% less
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Mechanical Engineer salary at Iol Chemicals & Pharmaceuticals ranges between ₹4.2 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Latest annual salaries shared by Iol Chemicals & Pharmaceuticals Mechanical Engineer

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4 years exp.
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Experience wise Iol Chemicals & Pharmaceuticals Mechanical Engineer salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5.2 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹10.3 L/yr
3 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10.4 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹10.5 L/yr

Similar Designation salaries in Iol Chemicals & Pharmaceuticals

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₹6 L/yr - ₹7.5 L/yr
Senior Engineer Salary
(17 salaries)
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₹6.1 L/yr - ₹12.01 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹3.55 L/yr - ₹6 L/yr
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₹5.5 L/yr - ₹6.55 L/yr
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₹2.3 L/yr - ₹5.15 L/yr
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₹3 L/yr - ₹4.85 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Technician Salary
(17 salaries)
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₹2.2 L/yr - ₹3.14 L/yr
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₹4.5 L/yr - ₹7.5 L/yr

Salary related reviews for Iol Chemicals & Pharmaceuticals

4.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 23 Jul 2024

4.0
 for  Salary and Benefits

Likes

- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.

read more
  • Salary - Good
  • +4 more

Dislikes

- Management is not satisfactory. - You have to learn each and everything at your own. - leg pulling system in employees.

read more

Production, Manufacturing & Engineering Department

1.0
  •  posted on 06 Oct 2021

1.0
 for  Salary and Benefits

Likes

Worst nightmare, pathetic

Dislikes

Nothing to like about it. Minimum 1 star if not provided 0 will be given. Plant management plays with employee career and give lot of good salary hike beacause nobody wants to join company.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Media Production & Entertainment Department

4.0
  •  posted on 18 Jun 2024

5.0
 for  Salary and Benefits

Likes

Salary on time. Good increments as compared to other pharma and chemical industries.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Canteen food quality not so good in shifts than G shift. Smartphones are necessary upto E1 employess for more output. A.c bus might be started and increases the fare accordingly(in summer)

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 07 Aug 2023

3.0
 for  Salary and Benefits

Likes

Good in all members of communication and behavior and all work si systematic and safety provision is good.

  • Job security - Good
  • +4 more

Dislikes

Fresher salary is more than 1&2 year experience person and only fresher hire local persons and after training not provide any vehicle on time

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Production, Manufacturing & Engineering Department

3.0
  •  posted on 29 Oct 2022

3.0
 for  Salary and Benefits

Likes

Canteen food facility is good

Dislikes

...re the technician's work is done by the engineer And the technician as a helper. Salary deduction is very high, they take around 7 to 8k deduction on salary.

read more
  • Skill development - Poor
  • +3 more
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Iol Chemicals & Pharmaceuticals Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Iol Chemicals & Pharmaceuticals?
Mechanical Engineer salary at Iol Chemicals & Pharmaceuticals in India ranges between ₹4.2 Lakhs to ₹7.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 24% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals India.
How does the salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals is 24% more than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Iol Chemicals & Pharmaceuticals to a Mechanical Engineer in India?
  • Medtronic Mechanical Engineer Salary - ₹15.0 Lakhs to ₹39.0 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Iol Chemicals & Pharmaceuticals in India?
  • Granules India Mechanical Engineer Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
  • ACG Worldwide Mechanical Engineer Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
  • Indoco Remedies Mechanical Engineer Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
  • Laurus Labs Mechanical Engineer Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
  • Aarti Industries Mechanical Engineer Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals in India?
The estimated take-home salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals ranges between ₹43,458 per month to ₹44,572 per month in India. The take-home salary calculation is based on the average Iol Chemicals & Pharmaceuticals Mechanical Engineer salary in India which ranges between ₹4.2 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Iol Chemicals & Pharmaceuticals?
According to AmbitionBox, 50% of the Iol Chemicals & Pharmaceuticals Mechanical Engineers reported a notice period of 3 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Iol Chemicals & Pharmaceuticals Mechanical Engineer salary in India ranges between ₹4.2 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Iol Chemicals & Pharmaceuticals latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.