Madhav Alloys Design Engineer Salaries by 4 Employees (Updated 2024)

2 - 9 years exp.

₹2.8 Lakhs - ₹4.8 Lakhs

Salary of majority employees

23% less than the average Design Engineer Salary in Industrial Machinery Companies for 2 - 9 years of experience

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Salaries in different departments

UX, Design & Architecture Design Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Research & Development Design Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.1 L/yr

Last Updated: 26 Jul 2023

Companies similar to Madhav Alloys for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Flowserve Design Engineer Salary 1 - 10 years exp. (455 salaries)	₹2.5 L/yr - ₹10.5 L/yr 72% more
Andritz Hydro Location India Design Engineer Salary 2 - 17 years exp. (116 salaries)	₹2.6 L/yr - ₹12.2 L/yr 95% more	2 job openings
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TechnipFMC Design Engineer Salary 2 - 10 years exp. (99 salaries)	₹3.1 L/yr - ₹10 L/yr 82% more
Tata Hitachi Construction Machinery Design Engineer Salary 1 - 7 years exp. (78 salaries)	₹2.8 L/yr - ₹6.5 L/yr 18% more
Asb International Design Engineer Salary 2 - 10 years exp. (76 salaries)	₹1.8 L/yr - ₹8.4 L/yr 37% more
Otis Elevator Design Engineer Salary 1 - 6 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 20% more
Craftsman Automation Design Engineer Salary 2 - 8 years exp. (73 salaries)	₹1.4 L/yr - ₹8.2 L/yr 38% more
C.R.I. Pumps Design Engineer Salary 0 - 7 years exp. (51 salaries)	₹1.5 L/yr - ₹5.5 L/yr 23% less
Wipro Infrastructure Engineering Design Engineer Salary 1 - 12 years exp. (43 salaries)	₹1.8 L/yr - ₹7.3 L/yr 37% more
TK Elevator Design Engineer Salary 1 - 7 years exp. (41 salaries)	₹1.8 L/yr - ₹7.6 L/yr 29% more
Sigma Electric Manufacturing Corporation Design Engineer Salary 1 - 8 years exp. (40 salaries)	₹1.4 L/yr - ₹7 L/yr 14% more
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Schwing Stetter Design Engineer Salary 1 - 6 years exp. (36 salaries)	₹3.1 L/yr - ₹8 L/yr 35% more
Alfa Laval Design Engineer Salary 3 - 14 years exp. (36 salaries)	₹3.9 L/yr - ₹12.6 L/yr 143% more
Danfoss Industries Design Engineer Salary 0 - 17 years exp. (27 salaries)	₹4.5 L/yr - ₹16 L/yr 142% more	1 job opening
SMS Group Design Engineer Salary 1 - 12 years exp. (23 salaries)	₹4.3 L/yr - ₹10 L/yr 79% more
Forbes Marshall Design Engineer Salary 2 - 9 years exp. (22 salaries)	₹3.5 L/yr - ₹12.5 L/yr 121% more
Stanley Black & Decker Design Engineer Salary 2 - 8 years exp. (20 salaries)	₹5 L/yr - ₹11.6 L/yr 116% more
Ceasefire Industries Design Engineer Salary 0 - 6 years exp. (17 salaries)	₹2.4 L/yr - ₹4 L/yr 20% less
Zetwerk Manufacturing Businesses Design Engineer Salary 0 - 6 years exp. (13 salaries)	₹3 L/yr - ₹8 L/yr 13% more
Groz Engineering Tools Design Engineer Salary 0 - 3 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 33% less

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Design Engineer salary at Madhav Alloys ranges between ₹2.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Madhav Alloys.

Experience wise Madhav Alloys Design Engineer salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Madhav Alloys

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Junior Engineer Salary

(5 salaries)

₹1.7 L/yr - ₹2.7 L/yr

Assistant Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Electrical Engineer Salary

(4 salaries)

₹3.15 L/yr - ₹4.6 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1.95 L/yr - ₹3 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹6.2 L/yr

Salary related reviews for Madhav Alloys

Senior Manager Logistics & Transport in Patiala

Procurement & Supply Chain Department

5.0

• posted on 28 Apr 2020

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that manufacture and markets reliable, high-quality products (Like:- TMT Re-bars, Billet, Steel Wire, HRC Pipe & Tube, Zinc and Galvanized Coils) and has a national client base. Another plus point is that my colleagues come from various States and cultural backgrounds, and we work happily in collaboration. I also like the conditional employee re-hire policy here.

Dislikes

Nothing else.

Graduate Engineer Trainee (Get) in Amloh District Patiala

Production, Manufacturing & Engineering Department

4.0

• posted on 12 Jul 2020

4.0

for Salary and Benefits

Likes

Job Security & company policies. Company has paid each and every employee their salaries on time and also helped those employees to return who went to their homes before lockdown and got stuck.

Dislikes

I dislike the fact that the work which i know how to do, they don't use my skills for that work

Quality Engineer

Quality Assurance Department

4.0

• posted on 25 Sep 2018

3.0

for Salary and Benefits

Likes

The company has equally wonderful outward approach and as this company is manufacturer of TMT bars so manufacturing system is highly advanced and being part of this organization means that one stands on the floor of technology.Moreover, freindly behaviour of senior officers and offering helping hand to their juniors to learn new achievements is impacts a massive plus point on individuals like me working at Madhav group.

Dislikes

Well every coin has two sides,some are there positive and negative things in any workforce.But it's my fortunate since I have joined Madhav alloys private limited group have not experienced any thing worst with me.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Madhav Alloys Design Engineer Salary FAQs

What is the salary of Design Engineer at Madhav Alloys?

Design Engineer salary at Madhav Alloys in India ranges between ₹2.8 Lakhs to ₹4.8 Lakhs for experience between 2 years to 9 years. According to our estimates it is 23% less than the average Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Madhav Alloys India.

How does the salary of a Design Engineer at Madhav Alloys India compare with the average salary range for this job?

The average salary of a Design Engineer at Madhav Alloys is 23% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Madhav Alloys to a Design Engineer in India?

GKN Design Engineer Salary - ₹4.8 Lakhs to ₹20.0 Lakhs per year
Alfa Laval Design Engineer Salary - ₹3.9 Lakhs to ₹12.6 Lakhs per year
Danfoss Industries Design Engineer Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
Schindler Group Design Engineer Salary - ₹8.6 Lakhs to ₹11.0 Lakhs per year
Forbes Marshall Design Engineer Salary - ₹3.5 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Design Engineer in companies similar to Madhav Alloys in India?

Stanley Black & Decker Design Engineer Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year
Andritz Hydro Location India Design Engineer Salary - ₹2.6 Lakhs to ₹12.2 Lakhs per year
TechnipFMC Design Engineer Salary - ₹3.1 Lakhs to ₹10.0 Lakhs per year
SMS Group Design Engineer Salary - ₹4.3 Lakhs to ₹10.0 Lakhs per year
Wuerth Design Engineer Salary - ₹3.6 Lakhs to ₹9.1 Lakhs per year

What is the estimated take home salary of a Design Engineer at Madhav Alloys in India?

The estimated take-home salary of a Design Engineer at Madhav Alloys ranges between ₹28,427 per month to ₹29,814 per month in India. The take-home salary calculation is based on the average Madhav Alloys Design Engineer salary in India which ranges between ₹2.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Madhav Alloys?

According to AmbitionBox, 100% of the Madhav Alloys Design Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Madhav Alloys Design Engineer Salaries

Madhav Alloys Design Engineer salary in India ranges between ₹2.8 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Madhav Alloys latest salaries received from various employees of Madhav Alloys.