Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Mahindra & Mahindra Team. If you also belong to the team, you can get access from here

Mahindra & Mahindra Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

Mahindra & Mahindra Principal Engineer salaries in India (Updated 2025)

Annual salary range
14 - 23 years exp.
₹29 Lakhs - ₹55 Lakhs
Salary of majority employees
unlock blur
unlock blur

32% more than the average Principal Engineer Salary in Automobile Companies for 14 - 23 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
Principal Engineer Salary
14 - 22 years exp. (16 salaries)
unlock-blur

₹29 L/yr - ₹55 L/yr

Engineering - Software & QA
Principal Engineer Salary
16 - 23 years exp. (8 salaries)
unlock-blur

₹34 L/yr - ₹51 L/yr

Last Updated: 12 Feb 2025

Companies similar to Mahindra & Mahindra for Principal Engineer

Company name Avg Annual Salary Open Jobs
Logo
Volvo Principal Engineer Salary

12 - 13 years exp. (8 salaries)

unlock blur

₹30 L/yr - ₹60 L/yr

arrow icon 9% more
Logo
Volvo Trucks Principal Engineer Salary

12 - 18 years exp. (3 salaries)

unlock blur

₹35 L/yr - ₹43.5 L/yr

arrow icon 2% less
Logo
Mahindra Automotives Principal Engineer Salary

17 - 18 years exp. (3 salaries)

unlock blur

₹28.5 L/yr - ₹45 L/yr

arrow icon 21% less
Logo
HARMAN Principal Engineer Salary

9 - 15 years exp. (472 salaries)

unlock blur

₹13.5 L/yr - ₹50.6 L/yr

arrow icon 19% less
5 job openings
unlock blur

₹12 L/yr - ₹30 L/yr

arrow icon 47% less

Women @ Work is now live!

Explore industry insights, find exclusive jobs & unlock exciting rewards

Principal Engineer salary at Mahindra & Mahindra ranges between ₹29 Lakhs to ₹55 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 31 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Principal Engineer

3w ago
avg blur mobile
21 years exp.
1mo ago
avg blur mobile
17 years exp.
1mo ago
avg blur mobile
22 years exp.
4mo ago
avg blur mobile
18 years exp.
4mo ago
avg blur mobile
21 years exp.
5mo ago
avg blur mobile
20 years exp.
6mo ago
avg blur mobile
17 years exp.
6mo ago
avg blur mobile
17 years exp.
7mo ago
avg blur mobile
17 years exp.
8mo ago
avg blur mobile
19 years exp.

Experience wise Mahindra & Mahindra Principal Engineer salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

unlock blur

₹14.5 L/yr - ₹45 L/yr
15+ years  (30 salaries)

unlock blur

₹29 L/yr - ₹55 L/yr

Similar Designation salaries in Mahindra & Mahindra

Senior Engineer Salary
(1k salaries)
unlock blur
₹6.46 L/yr - ₹18 L/yr
Lead Engineer Salary
(661 salaries)
unlock blur
₹9 L/yr - ₹28.5 L/yr
Principal Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹57 L/yr - ₹63 L/yr
Principal Consultant Salary
(AmbitionBox Estimate)
unlock blur
₹18 L/yr - ₹23 L/yr
unlock blur
₹4 L/yr - ₹13.39 L/yr
unlock blur
₹2 L/yr - ₹6.5 L/yr
unlock blur
₹6.6 L/yr - ₹18.5 L/yr
Technical Lead Salary
(19 salaries)
unlock blur
₹7.8 L/yr - ₹24.68 L/yr
Project Manager Salary
(86 salaries)
unlock blur
₹6.5 L/yr - ₹26.2 L/yr
Project Lead Salary
(11 salaries)
unlock blur
₹12.45 L/yr - ₹18 L/yr

Top skills at Mahindra & Mahindra for Principal Engineer

Automotive Engineering Packaging Architecture Prototype HVAC System Engineering MS Office CATIA Biw Fixture Design Electricals Process Simulation Raw Material Cost Optimization Design development System Development

Salary related reviews for Mahindra & Mahindra

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 25 Dec 2024

3.0
 for  Salary and Benefits

Likes

I only like work. Except for that work life balance is not good Compensation is ok Hike ok Overall company culture is not good

read more
  • Skill development - Good

Dislikes

Company culture It feels like we worked for 3 yr but actually its 1.5 yr only. With this example I think you can guess what I'm trying to say.

read more
  • Company culture - Bad
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Nov 2024

3.0
 for  Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

  • Skill development - Good

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

read more
  • Promotions - Poor

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
  • Salary - Poor
  • +6 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
  • Salary - Good
  • +4 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
  • Work-life balance - Poor

Power Train Department

4.0
  •  posted on 19 Aug 2022

3.0
 for  Salary and Benefits

Likes

Hands on work for all technical work which in most of other OEM are done by consultant. Due to this learning growth is enormous. Beautiful campus are MRV chennai.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

...uirement you may be asked to work 7 days a week. Work life balance is not good. Salary negotiations should be very very carefully at the time of interview.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra & Mahindra Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Mahindra & Mahindra?
Principal Engineer salary at Mahindra & Mahindra in India ranges between ₹29.0 Lakhs to ₹55.0 Lakhs for experience between 14 years to 23 years. According to our estimates it is 32% more than the average Principal Engineer Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Mahindra & Mahindra India.
How does the salary of a Principal Engineer at Mahindra & Mahindra India compare with the average salary range for this job?
The average salary of a Principal Engineer at Mahindra & Mahindra is 32% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Principal Engineer at Mahindra & Mahindra?
Automotive Engineering, Packaging, Architecture, Prototype and HVAC are some of the popular skills required to work as a Principal Engineer at Mahindra & Mahindra India.
Which similar companies are paying more than Mahindra & Mahindra to a Principal Engineer in India?
  • Volvo Principal Engineer Salary - ₹30.0 Lakhs to ₹60.0 Lakhs per year
What is the salary of a Principal Engineer in companies similar to Mahindra & Mahindra in India?
  • Volvo Trucks Principal Engineer Salary - ₹35.0 Lakhs to ₹43.5 Lakhs per year
  • HARMAN Principal Engineer Salary - ₹13.5 Lakhs to ₹50.6 Lakhs per year
  • Mahindra Automotives Principal Engineer Salary - ₹28.5 Lakhs to ₹45.0 Lakhs per year
  • Hughes Systique Corporation Principal Engineer Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
What is the estimated take home salary of a Principal Engineer at Mahindra & Mahindra in India?
The estimated take-home salary of a Principal Engineer at Mahindra & Mahindra ranges between ₹2,46,644 per month to ₹2,56,659 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Principal Engineer salary in India which ranges between ₹29.0 Lakhs to ₹55.0 Lakhs per year for employees with experience between 14 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Principal Engineer at Mahindra & Mahindra?
According to AmbitionBox, 71% of the Mahindra & Mahindra Principal Engineers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra & Mahindra Principal Engineer salary in India ranges between ₹29 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.