Madras Engineering Industries Mechanical Engineer Salaries by 6 Employees

2 - 4 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Mechanical Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 16 Dec 2023

Companies similar to Madras Engineering Industries for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Mechanical Engineer Salary 1 - 7 years exp. (14 salaries)	₹1.7 L/yr - ₹4.2 L/yr 1% more
Maxxis Rubber Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	₹2 L/yr - ₹5.5 L/yr 52% more
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Ceat Specialty Tyres Mechanical Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.5 L/yr - ₹4.5 L/yr 15% more
JSG Group Mechanical Engineer Salary 0 - 5 years exp. (9 salaries)	₹0.8 L/yr - ₹4 L/yr 14% less
Enco Engineers Combine Mechanical Engineer Salary 0 - 4 years exp. (8 salaries)	₹2 L/yr - ₹3.6 L/yr 17% less
Magneti Marelli Motherson Auto System Mechanical Engineer Salary 0 - 4 years exp. (8 salaries)	₹1.4 L/yr - ₹2.2 L/yr 32% less
Jtekt Sona Automotive India Mechanical Engineer Salary 1 - 4 years exp. (8 salaries)	₹1.9 L/yr - ₹2.5 L/yr 15% less
Seoyon E-hwa Automotive Mechanical Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.6 L/yr - ₹3 L/yr 22% less
JRG Automotive india Mechanical Engineer Salary 3 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹3.8 L/yr 11% more
PSA AVTEC Powertrain Mechanical Engineer Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 3% less
TRIGO Group Mechanical Engineer Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 18% less
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Sekisui Dljm Molding Mechanical Engineer Salary 0 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.3 L/yr 4% more
Sai Service Station Mechanical Engineer Salary 1 - 4 years exp. (4 salaries)	₹0.8 L/yr - ₹1.1 L/yr 64% less
Marelli Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr 9% more
Inteva Products Mechanical Engineer Salary 2 - 4 years exp. (3 salaries)	₹1 L/yr - ₹10 L/yr 84% more

Mechanical Engineer salary at Madras Engineering Industries ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Madras Engineering Industries.

Experience wise Madras Engineering Industries Mechanical Engineer salaries

Last Updated: 16 Dec 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Madras Engineering Industries

Electrical Engineer Salary

(13 salaries)

₹3.25 L/yr - ₹8 L/yr

Senior Engineer Salary

(29 salaries)

₹4 L/yr - ₹10.2 L/yr

Service Engineer Salary

(3 salaries)

₹2.9 L/yr - ₹4 L/yr

Junior Engineer Salary

(56 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Maintenance Engineer Salary

(7 salaries)

₹3.6 L/yr - ₹6.1 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5 L/yr

Production Engineer Salary

(37 salaries)

₹1.8 L/yr - ₹6.5 L/yr

Senior Electrical Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Technician Salary

(3 salaries)

₹1.8 L/yr - ₹2 L/yr

Salary related reviews for Madras Engineering Industries

5.0

Rated by 1 employees for salary & benefits

CNC Machine Operator in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

...to what's app group . target related work. Food veg , night shift food is waste. Salary is 10k or 12k , 1time food free, hr is totally waste. They well lately give my salary. I will cry at company because work pressure overload . Pls go to another company

Dislikes

Waste of time

Salary - Bad

+6 more

Assistant General Manager Sales & Marketing in Chennai

Sales & Business Development Department

5.0

• posted on 14 Dec 2021

5.0

for Salary and Benefits

Likes

...ellent company policies, Top management focus at all levels, Good place to grow. Decent salary and perks.

Salary - Excellent

+5 more

Dislikes

Everything is good except working with Head - Marketing is a tough job and so many people in the field & back office left the job due to his behaviour.

Job security - Poor

Graduate Engineer Trainee (Get) in Chennai

Research & Development Department

4.0

• posted on 26 Jun 2018

5.0

for Salary and Benefits

Likes

... a 10 years, i had very good opportunity to take their knowledge and experience.Salary is mush more than the other TVS companies.

Salary - Excellent

+5 more

Dislikes

Career growth is slow.

Quality Analyst in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Nov 2024

2.0

for Salary and Benefits

Likes

Good friends and Environment: Some say the environment is good and excellent Some say the culture and values are good That company

Skill development - Good

+4 more

Dislikes

have complained about low salaries, no bonuses, and no increments and giving heavy work

Salary - Poor

Senior Sales Officer in Udaipur

Full Time

Sales & Business Development Department

1.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Nothing is good here

Dislikes

Company is started making fool to people from sending health check up letter instead of offer letter. They don't provide you ctc in written president level person lie and show false data if you will not obey him. Harrasing the employees. Zonal head is make every day conference in every 3hours till midnight 11 behave like slave and management will hide his bad behavior by giving you false data.

Salary - Poor

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Madras Engineering Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Madras Engineering Industries ?

The average salary of a Mechanical Engineer at Madras Engineering Industries in India typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Mechanical Engineer at Madras Engineering Industries earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Mechanical Engineer Salaries at Madras Engineering 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 6 Madras Engineering Industries employees in India.

What is the estimated take home salary of a Mechanical Engineer at Madras Engineering Industries in India?

The estimated take-home salary of a Mechanical Engineer at Madras Engineering Industries in India typically ranges from ₹20,091 to ₹21,753 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 4 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 6 salaries received from various employees of Madras Engineering Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Madras Engineering Industries for Mechanical Engineer in India?

Inteva Products	₹1.0 Lakhs to ₹10.0 Lakhs per year
Maxxis Rubber	₹2.0 Lakhs to ₹5.5 Lakhs per year
Ceat Specialty Tyres	₹2.5 Lakhs to ₹4.5 Lakhs per year
JRG Automotive india	₹2.7 Lakhs to ₹3.8 Lakhs per year
Marelli	₹2.1 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Madras Engineering Industries in India?

The salary of a Mechanical Engineer at companies similar to Madras Engineering Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sekisui Dljm Molding	₹2.4 Lakhs to ₹3.3 Lakhs per year
Caparo Engineering India	₹1.7 Lakhs to ₹4.2 Lakhs per year
PSA AVTEC Powertrain	₹1.8 Lakhs to ₹3.2 Lakhs per year
JSG Group	₹0.8 Lakhs to ₹4.0 Lakhs per year
Jtekt Sona Automotive India	₹1.9 Lakhs to ₹2.5 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 Madras Engineering Industries in India?

The salary growth for a Mechanical Engineer at Madras Engineering Industries depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Madras Engineering Industries:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Madras Engineering Industries Mechanical Engineer Salaries

Madras Engineering Industries Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Madras Engineering Industries latest salaries received from various employees of Madras Engineering Industries.