MADURA INDUSTRIAL TEXTILES Mechanical Engineer Utility Salaries by 4 Employees

2 - 5 years exp.

₹3.4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Mechanical Engineer Utility Salary in Fashion & Textile Companies for 2 - 5 years of experience

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Last Updated: 24 Sep 2024

Companies similar to MADURA INDUSTRIAL TEXTILES for Mechanical Engineer Utility

Company name	Avg Annual Salary	Open Jobs
Sahib Pesticides Mechanical Engineer Utility Salary 4 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹3.7 L/yr 24% less
Apollo Tyres Mechanical Engineer Utility Salary 7 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹5.8 L/yr 35% more
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Trident Group Mechanical Engineer Utility Salary 5 - 8 years exp. (3 salaries)	₹5.1 L/yr - ₹9.1 L/yr 83% more

Mechanical Engineer Utility salary at MADURA INDUSTRIAL TEXTILES ranges between ₹3.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of MADURA INDUSTRIAL TEXTILES.

Experience wise MADURA INDUSTRIAL TEXTILES Mechanical Engineer Utility salaries

Last Updated: 24 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

Salary related reviews for MADURA INDUSTRIAL TEXTILES

Senior Technical Manager in Vapi

Quality Assurance Department

3.0

• posted on 02 Dec 2019

5.0

for Salary and Benefits

Likes

As you can see , their monetary compensation and benefits are very good.. But other aspects are very poor. So it is not the right place for a person in the beginning or middle of his career. I joined this company after 58 years of age and worked there for three & half years and after that I was indirectly compelled to leave the Organiisation.

Salary - Excellent

Dislikes

The company does want to keep well experienced for long for the high compensation they and create an atmosphere such that the person feels compelled to leave

Skill development - Poor

+5 more

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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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MADURA INDUSTRIAL TEXTILES Mechanical Engineer Utility Salary FAQs

What is the salary of Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES ?

The average salary of a Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES in India typically ranges from ₹3.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Mechanical Engineer Utility Salaries at MADURA INDUSTRIAL TEXTILES 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 MADURA INDUSTRIAL TEXTILES employees in India.

What is the estimated take home salary of a Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES in India?

The estimated take-home salary of a Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES in India typically ranges from ₹31,338 to ₹32,633 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of MADURA INDUSTRIAL TEXTILES. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MADURA INDUSTRIAL TEXTILES for Mechanical Engineer Utility in India?

Trident Group	₹5.1 Lakhs to ₹9.1 Lakhs per year
Apollo Tyres	₹5.5 Lakhs to ₹5.8 Lakhs per year

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

What is the salary of a Mechanical Engineer Utility in companies similar to MADURA INDUSTRIAL TEXTILES in India?

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

Sahib Pesticides

₹2.9 Lakhs to ₹3.7 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 Utility at MADURA INDUSTRIAL TEXTILES in India?

The salary growth for a Mechanical Engineer Utility at MADURA INDUSTRIAL TEXTILES depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer Utility can expect the following growth trajectory at MADURA INDUSTRIAL TEXTILES:

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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MADURA INDUSTRIAL TEXTILES Mechanical Engineer Utility Salaries

MADURA INDUSTRIAL TEXTILES Mechanical Engineer Utility salary in India ranges between ₹3.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MADURA INDUSTRIAL TEXTILES latest salaries received from various employees of MADURA INDUSTRIAL TEXTILES.