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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
Avg. annual salary
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Monthly In-hand Salary

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23% 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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Hetero Mechanical Engineer Salary

1 - 6 years exp. (44 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 39% 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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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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Piramal Pharma Mechanical Engineer Salary

1 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 31% 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 56% less
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₹1.2 L/yr - ₹5 L/yr

arrow icon 44% less
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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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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
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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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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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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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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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USV Mechanical Engineer Salary

2 - 5 years exp. (4 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 54% less
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Wockhardt Mechanical Engineer Salary

4 - 11 years exp. (3 salaries)

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₹2.8 L/yr - ₹3 L/yr

arrow icon 49% less
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 64% less
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SeQuent Scientific Mechanical Engineer Salary

1 - 30 years exp. (3 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 41% less
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Indoco Remedies Mechanical Engineer Salary

1 - 20 years exp. (3 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 12% less
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

1mo ago
₹5.5 Lakhs
4 years exp.
5mo ago
₹5.5 Lakhs
3 years exp.
1y ago
₹4.8 Lakhs
2 years exp.
1y ago
₹5.2 Lakhs
1 year exp.
1y ago
₹7.2 Lakhs
1 year exp.
1y ago
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4 years exp.
1y ago
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2 years exp.

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

read more

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
see more salary related reviews

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Iol Chemicals & Pharmaceuticals Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Iol Chemicals & Pharmaceuticals ?
The average salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals in India typically ranges from ₹4.2 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Mechanical Engineer at Iol Chemicals & Pharmaceuticals earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Mechanical Engineer Salaries at Iol Chemicals & Pharmaceuticals 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 8 Iol Chemicals & Pharmaceuticals employees in India.
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 in India typically ranges from ₹43,458 to ₹44,572 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of Iol Chemicals & Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Mechanical Engineer in companies similar to Iol Chemicals & Pharmaceuticals in India?
The salary of a Mechanical Engineer at companies similar to Iol Chemicals & Pharmaceuticals in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Granules India ₹4.5 Lakhs to ₹6.5 Lakhs per year
ACG Worldwide ₹1.0 Lakhs to ₹8.0 Lakhs per year
Indoco Remedies ₹2.2 Lakhs to ₹10.0 Lakhs per year
Piramal Pharma ₹2.2 Lakhs to ₹5.4 Lakhs per year
NecLife ₹3.2 Lakhs to ₹4.0 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 Mechanical Engineer at Iol Chemicals & Pharmaceuticals in India?
The salary growth for a Mechanical Engineer at Iol Chemicals & Pharmaceuticals depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Iol Chemicals & Pharmaceuticals:

Experience Average Salary Range
1 year ₹5.2 Lakhs to ₹7.2 Lakhs per year
2 years ₹4.2 Lakhs to ₹10.3 Lakhs per year
3 years ₹5.5 Lakhs to ₹10.4 Lakhs per year
4 years ₹5.5 Lakhs to ₹6.0 Lakhs per year
and so on.

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.