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Mahindra & Mahindra Senior Principal Engineer salaries in India

Annual salary range
20 - 23 years exp.
₹85 Lakhs - ₹97 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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Fixed (81%)
₹75.4 Lakhs
Variable (19%)
₹17.4 Lakhs
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190% more than the average Senior Principal Engineer Salary in Automobile Companies for 20 - 23 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Senior Principal Engineer Salary
20 - 23 years exp. (3 salaries)
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₹85 L/yr - ₹94 L/yr

Research & Development
Senior Principal Engineer Salary
23 years exp. (AmbitionBox Estimate)
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₹92.2 L/yr - ₹1 Cr/yr

Last Updated: 8 Dec 2023

Companies similar to Mahindra & Mahindra for Senior Principal Engineer

Company name Avg Annual Salary Open Jobs
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₹63.7 L/yr - ₹70.4 L/yr

arrow icon 28% less
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₹22 L/yr - ₹48 L/yr

arrow icon 61% less
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Technip Energies Senior Principal Engineer Salary

13 - 19 years exp. (113 salaries)

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₹15 L/yr - ₹35 L/yr

arrow icon 73% less
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Saipem Senior Principal Engineer Salary

15 - 20 years exp. (108 salaries)

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₹14.3 L/yr - ₹33 L/yr

arrow icon 73% less
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Linde India Senior Principal Engineer Salary

12 - 17 years exp. (84 salaries)

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₹14.3 L/yr - ₹27.5 L/yr

arrow icon 77% less
Senior Principal Engineer salary at Mahindra & Mahindra ranges between ₹85 Lakhs to ₹97 Lakhs per year for employees with experience between 20 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Senior Principal Engineer

1y ago
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23 years exp.
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20 years exp.
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21 years exp.
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23 years exp.

Experience wise Mahindra & Mahindra Senior Principal Engineer salaries

Last Updated: 8 Dec 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹85 L/yr - ₹97 L/yr

Similar Designation salaries in Mahindra & Mahindra

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₹6.6 L/yr - ₹18.5 L/yr
Senior Engineer Salary
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₹6.5 L/yr - ₹18 L/yr
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₹18.5 L/yr - ₹34 L/yr
Lead Engineer Salary
(688 salaries)
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₹9 L/yr - ₹28 L/yr
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₹2.1 L/yr - ₹6.69 L/yr
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₹4 L/yr - ₹13.39 L/yr
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₹18 L/yr - ₹30 L/yr
Principal Software Engineer Salary
(AmbitionBox Estimate)
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₹57 L/yr - ₹63 L/yr
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₹8 L/yr - ₹11 L/yr
Principal Consultant Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Top skills at Mahindra & Mahindra for Senior Principal Engineer

Automotive Engineering Team Building Cost Reduction Product Design Hydraulics Project Management Engineering Design Vehicle Dynamics Control System

Salary related reviews for Mahindra & Mahindra

5.0

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
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Mahindra & Mahindra Senior Principal Engineer Salary FAQs

What is the salary of Senior Principal Engineer at Mahindra & Mahindra ?
The average salary of a Senior Principal Engineer at Mahindra & Mahindra in India typically ranges from ₹85.0 Lakhs to ₹97.0 Lakhs per year, depending on experience (from 20 years to 23 years).

The top 10% of Senior Principal Engineer at Mahindra & Mahindra earn more than ₹97.0 Lakhs per year, and the top 1% earn over ₹97.0 Lakhs per year. Senior 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 4 Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Senior Principal Engineer at Mahindra & Mahindra in India?
The estimated take-home salary of a Senior Principal Engineer at Mahindra & Mahindra in India typically ranges from ₹5,07,090 to ₹5,20,412 per month. This is based on the average salary range of ₹85.0 Lakhs to ₹97.0 Lakhs per year for employees with experience ranging from 20 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 4 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 Senior Principal Engineer at Mahindra & Mahindra ?
To be a Senior Principal Engineer at Mahindra & Mahindra in india, the key skills required include:

  • - Automotive Engineering
  • - Team Building
  • - Cost Reduction
  • - Product Design
  • - Hydraulics

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

Mahindra Automotives ₹63.7 Lakhs to ₹70.4 Lakhs per year
Wissen Technology ₹22.0 Lakhs to ₹48.0 Lakhs per year
Technip Energies ₹15.0 Lakhs to ₹35.0 Lakhs per year
Saipem ₹14.3 Lakhs to ₹33.0 Lakhs per year
Linde India ₹14.3 Lakhs to ₹27.5 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 Senior Principal Engineer at Mahindra & Mahindra in India?
The salary growth for a Senior Principal Engineer at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Senior Principal Engineer can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
15 years ₹85.0 Lakhs to ₹97.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra & Mahindra Senior Principal Engineer salary in India ranges between ₹85 Lakhs to ₹97 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.