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4.1

based on 9.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra & Mahindra Component Development Engineer salaries in India

Annual salary range
2 - 5 years exp.
₹4.1 Lakhs - ₹15 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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15% more than the average Component Development Engineer Salary in Automobile Companies for 2 - 5 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
Component Development Engineer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.1 L/yr

Quality Assurance
Component Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹16.5 L/yr

Research & Development
Component Development Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 13 Oct 2024

Companies similar to Mahindra & Mahindra for Component Development Engineer

Company name Avg Annual Salary Open Jobs
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₹4.9 L/yr - ₹21 L/yr

arrow icon 51% more
Logo
Vivo Component Development Engineer Salary

5 - 6 years exp. (5 salaries)

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₹3.1 L/yr - ₹8.5 L/yr

arrow icon 9% less
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₹10.1 L/yr - ₹15 L/yr

arrow icon 54% more
6 job openings
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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 11% less
Component Development Engineer salary at Mahindra & Mahindra ranges between ₹4.1 Lakhs to ₹15 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 Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Component Development Engineer

2mo ago
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5 years exp.
3mo ago
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4 years exp.
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3 years exp.
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2 years exp.

Experience wise Mahindra & Mahindra Component Development Engineer salaries

Last Updated: 13 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in Mahindra & Mahindra

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₹2.4 L/yr - ₹10 L/yr
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₹2 L/yr - ₹7.4 L/yr
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₹2 L/yr - ₹11.24 L/yr
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₹5.5 L/yr - ₹18.5 L/yr
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₹1.05 L/yr - ₹6.3 L/yr
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₹4.5 L/yr - ₹18.5 L/yr
Senior Engineer Salary
(902 salaries)
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₹5.3 L/yr - ₹17 L/yr
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₹1.65 L/yr - ₹6.35 L/yr
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(551 salaries)
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₹1.45 L/yr - ₹9.2 L/yr
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₹3 L/yr - ₹13.06 L/yr

Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Sep 2024

2.0
 for  Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023

3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 04 Feb 2023

4.0
 for  Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

read more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 May 2023

3.0
 for  Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

read more

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 15 May 2023

5.0
 for  Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

read more
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Mahindra & Mahindra Component Development Engineer Salary FAQs

What is the salary of Component Development Engineer at Mahindra & Mahindra?
Component Development Engineer salary at Mahindra & Mahindra in India ranges between ₹4.1 Lakhs to ₹15.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 15% more than the average Component Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.
How does the salary of a Component Development Engineer at Mahindra & Mahindra India compare with the average salary range for this job?
The average salary of a Component Development Engineer at Mahindra & Mahindra is 15% more than the average salary of a Component Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra & Mahindra to a Component Development Engineer in India?
  • Mercedes-Benz Research and Development India Component Development Engineer Salary - ₹10.1 Lakhs to ₹15.0 Lakhs per year
  • Bajaj Auto Component Development Engineer Salary - ₹4.9 Lakhs to ₹21.0 Lakhs per year
What is the salary of a Component Development Engineer in companies similar to Mahindra & Mahindra in India?
  • Vivo Component Development Engineer Salary - ₹3.1 Lakhs to ₹8.5 Lakhs per year
  • Varroc Group Component Development Engineer Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
What is the estimated take home salary of a Component Development Engineer at Mahindra & Mahindra in India?
The estimated take-home salary of a Component Development Engineer at Mahindra & Mahindra ranges between ₹52,184 per month to ₹53,413 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Component Development Engineer salary in India which ranges between ₹4.1 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Component Development Engineer at Mahindra & Mahindra?
According to AmbitionBox, 50% of the Mahindra & Mahindra Component Development Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra & Mahindra Component Development Engineer salary in India ranges between ₹4.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.