Mahindra & Mahindra Chennai Principal Engineer Salaries by 20+ Employees (Updated 2025)

14 - 23 years exp.

₹29 Lakhs - ₹55 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

57% more than the average Principal Engineer Salary in Automobile Companies for 14 - 23 years of experience

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Salaries in different departments

Research & Development Principal Engineer Salary 14 - 22 years exp. (16 salaries)	₹29 L/yr - ₹55 L/yr
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Engineering - Software & QA Principal Engineer Salary 16 - 23 years exp. (8 salaries)	₹34 L/yr - ₹51 L/yr

Last Updated: 7 Mar 2025

Companies similar to Mahindra & Mahindra for Principal Engineer in Chennai

Mahindra & Mahindra Principal Engineer Salary

14 - 23 years exp. (29 salaries)

₹29 L/yr - ₹55 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Automotives Principal Engineer Salary 17 - 18 years exp. (3 salaries)	₹28.5 L/yr - ₹45 L/yr 21% less
Saipem Principal Engineer Salary 10 - 17 years exp. (158 salaries)	₹11 L/yr - ₹29.5 L/yr 56% less
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Jasmin Infotech Principal Engineer Salary 6 - 11 years exp. (94 salaries)	₹7.6 L/yr - ₹20.1 L/yr 63% less
VA Tech Wabag Principal Engineer Salary 8 - 17 years exp. (50 salaries)	₹7.5 L/yr - ₹15.3 L/yr 74% less	4 job openings
Verizon Principal Engineer Salary 11 - 20 years exp. (40 salaries)	₹22 L/yr - ₹54 L/yr 7% less	5 job openings

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 29 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Principal Engineer salaries in Chennai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹35.4 L/yr - ₹45.2 L/yr
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15+ years (28 salaries)	₹29 L/yr - ₹55 L/yr

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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

3.9

Rated by 2 employees for salary & benefits

Senior Software Engineer in Coimbatore

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

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.

Company culture - Bad

+1 more

Senior Associate in Lucknow

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

Promotions - Poor

Senior Engineer in Chennai

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.

Salary - Poor

+6 more

Senior Engineer in Chennai

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.

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.

Work-life balance - Poor

Lead Engineer in Chennai

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.

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.

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra & Mahindra Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Mahindra & Mahindra in Chennai?

The average salary of a Principal Engineer at Mahindra & Mahindra in Chennai typically ranges from ₹29.0 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of Principal Engineer in Chennai at Mahindra & Mahindra earn more than ₹52.8 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Principal Engineer Salaries at Mahindra & Mahindra 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 20+ Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Principal Engineer at Mahindra & Mahindra in Chennai?

The estimated take-home salary of a Principal Engineer at Mahindra & Mahindra in Chennai typically ranges from ₹2,55,923 to ₹2,66,357 per month. This is based on the average salary range of ₹29.0 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 14 years to 23 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 20+ salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at Mahindra & Mahindra in Chennai?

To be a Principal Engineer at Mahindra & Mahindra in Chennai, the key skills required include:

- Automotive Engineering
- Packaging
- Architecture
- Prototype
- HVAC

These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.

What is the salary of a Principal Engineer in companies similar to Mahindra & Mahindra in Chennai?

The salary of a Principal Engineer at companies similar to Mahindra & Mahindra in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Verizon	₹22.0 Lakhs to ₹54.0 Lakhs per year
Mahindra Automotives	₹28.5 Lakhs to ₹45.0 Lakhs per year
Saipem	₹11.0 Lakhs to ₹29.5 Lakhs per year
Jasmin Infotech	₹7.6 Lakhs to ₹20.1 Lakhs per year
VA Tech Wabag	₹7.5 Lakhs to ₹15.3 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 Principal Engineer at Mahindra & Mahindra in Chennai?

The salary growth for a Principal Engineer at Mahindra & Mahindra in Chennai depends on factors such as experience, performance, and promotions. On average, a Principal Engineer in Chennai can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
14 years	₹35.4 Lakhs to ₹45.2 Lakhs per year
15 years	₹29.0 Lakhs to ₹55.0 Lakhs per year

and so on.

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Mahindra & Mahindra Principal Engineer Salaries in Chennai

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