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ITL Industries Mechanical Engineer salaries in Indore

Annual salary range
3 - 6 years exp.
₹2.7 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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32% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Salaries in different departments

Project & Program Management
Mechanical Engineer Salary
4 - 6 years exp. (3 salaries)
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₹2.7 L/yr - ₹3.3 L/yr

Production, Manufacturing & Engineering
Mechanical Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to ITL Industries for Mechanical Engineer in Indore

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ITL Industries Mechanical Engineer Salary

3 - 6 years exp. (4 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Force Motors Mechanical Engineer Salary

1 - 11 years exp. (31 salaries)

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₹2 L/yr - ₹5.8 L/yr

arrow icon 39% more
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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 90% more
1 job opening
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L&T Construction Mechanical Engineer Salary

2 - 7 years exp. (14 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 122% more
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Dilip Buildcon Mechanical Engineer Salary

3 - 8 years exp. (10 salaries)

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₹3.8 L/yr - ₹6 L/yr

arrow icon 53% more
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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 2% less
Mechanical Engineer salary at ITL Industries ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of ITL Industries.

Experience wise ITL Industries Mechanical Engineer salaries in Indore

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in ITL Industries

Junior Engineer Salary
(20 salaries)
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₹1.95 L/yr - ₹2.76 L/yr
Senior Engineer Salary
(16 salaries)
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₹3.2 L/yr - ₹6.5 L/yr
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₹1.45 L/yr - ₹2.85 L/yr
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₹2.4 L/yr - ₹3.4 L/yr
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₹2.2 L/yr - ₹3.5 L/yr
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₹2.5 L/yr - ₹3.8 L/yr
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₹1.2 L/yr - ₹2.4 L/yr

Salary related reviews for ITL Industries

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 05 Aug 2023

2.0
 for  Salary and Benefits

Likes

Good product, efficient marketing network. Direct communication with management.

  • Job security - Good

Dislikes

Poor company culture, apart from salary no extra benefits, such as canteen, transportation, no skill development program. Lack of basic facilities such as the sitting arrangement of employees etc. Not ready to accept changes in market, stick to old fundamentals.

read more
  • Salary - Poor
  • +2 more

Procurement & Supply Chain Department

3.0
  •  posted on 19 Apr 2019

3.0
 for  Salary and Benefits

Likes

This company has a lot of opportunity to learn every Department work and somewhat Job security

  • Skill development - Excellent
  • +1 more

Dislikes

Work pressure is high and salary growth is very low and also here thinking is that production Department is the only Department which give profit to company

read more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 30 Oct 2022

1.0
 for  Salary and Benefits

Likes

Seniors are very supportive and you can learn lot of things form there.

  • Job security - Good
  • +2 more

Dislikes

You hard work is never apriciated. They only value to whom they are ready be puppet. And the policies are worst like, fake promises. Never trust to anyone, whatever on the paper this is only provided they give lollypop and people initialy take but later on they'll show the real face

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 30 Aug 2022

2.0
 for  Salary and Benefits

Likes

There is so much to learn , specially for freshers, if you really want to learn then try to do assembly work from hand

  • Skill development - Good
  • +2 more

Dislikes

Working culture is not good , Salary increment is not good even for skilled engineers , They can even change your department according

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  • Salary - Poor
  • +2 more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 30 Jun 2021

1.0
 for  Salary and Benefits

Likes

ITL persistent research work & their high quality products are worth value. ITL is rather LTI; a learning & training institute for me. Those who want to understand practical & traditional way of working one usually read in books, its a good place.

read more
  • Skill development - Good

Dislikes

Poor managerial conditions. Irresponsible ethics towards employee. Work oriented, less humanity.

  • Salary - Bad
  • +4 more
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ITL Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at ITL Industries in Indore?
The average salary of a Mechanical Engineer at ITL Industries in Indore typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Mechanical Engineer in Indore at ITL Industries earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Mechanical Engineer Salaries at ITL Industries 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 ITL Industries employees in India.
What is the estimated take home salary of a Mechanical Engineer at ITL Industries in Indore?
The estimated take-home salary of a Mechanical Engineer at ITL Industries in Indore typically ranges from ₹21,498 to ₹23,139 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 ITL Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ITL Industries for Mechanical Engineer in India?
L&T Construction ₹3.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited ₹1.8 Lakhs to ₹9.5 Lakhs per year
Dilip Buildcon ₹3.8 Lakhs to ₹6.0 Lakhs per year
Force Motors ₹2.0 Lakhs to ₹5.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ITL Industries, depending on the role and experience level.
What is the salary of a Mechanical Engineer in companies similar to ITL Industries in Indore?
The salary of a Mechanical Engineer at companies similar to ITL Industries in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

VE Commercial Vehicles ₹2.1 Lakhs to ₹3.6 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 ITL Industries in Indore?
The salary growth for a Mechanical Engineer at ITL Industries in Indore depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Indore can expect the following growth trajectory at ITL Industries:

Experience Average Salary Range
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

ITL Industries Mechanical Engineer salary in Indore ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ITL Industries latest salaries received from various employees of ITL Industries.