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Medha Servo Drives Hardware Design Engineer salaries in India (Updated 2025)

Annual salary range
2 - 4 years exp.
₹3 Lakhs - ₹7 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 (88%)
₹4.4 Lakhs
Variable (12%)
₹0.6 Lakh
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29% less than the average Hardware Design Engineer Salary in Electrical Equipment Companies for 2 - 4 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Engineering - Hardware & Networks
Hardware Design Engineer Salary
2 - 4 years exp. (4 salaries)
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₹4 L/yr - ₹7 L/yr

Engineering - Software & QA
Hardware Design Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 24 Mar 2025

Companies similar to Medha Servo Drives for Hardware Design Engineer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6.1 L/yr

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Havells Hardware Design Engineer Salary

1 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹6.1 L/yr

arrow icon 11% less
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HCLTech Hardware Design Engineer Salary

1 - 4 years exp. (259 salaries)

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₹2.2 L/yr - ₹9 L/yr

arrow icon 24% more
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₹3.2 L/yr - ₹9 L/yr

arrow icon 6% more
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₹3.3 L/yr - ₹8.5 L/yr

arrow icon 19% more
Hardware Design Engineer salary at Medha Servo Drives ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Medha Servo Drives.

Latest annual salaries shared by Medha Servo Drives Hardware Design Engineer

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4 years exp.
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2 years exp.
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3 years exp.
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4 years exp.

Experience wise Medha Servo Drives Hardware Design Engineer salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹3 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹6.3 L/yr

Similar Designation salaries in Medha Servo Drives

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₹8 L/yr - ₹15.5 L/yr
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₹4.58 L/yr - ₹5.69 L/yr
Design Engineer Salary
(32 salaries)
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₹4.2 L/yr - ₹12 L/yr
Electrical Design Engineer Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr
Senior Engineer Salary
(57 salaries)
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₹6 L/yr - ₹13.8 L/yr
Civil Site Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹3.1 L/yr - ₹20 L/yr
Lead Engineer Salary
(3 salaries)
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₹5 L/yr - ₹11.5 L/yr
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₹3.15 L/yr - ₹6 L/yr
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₹4.5 L/yr - ₹9 L/yr

Top skills at Medha Servo Drives for Hardware Design Engineer

Hardware Design PCB Designing PCB Layout Hardware Design

Salary related reviews for Medha Servo Drives

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Environment Health & Safety Department

4.0
  •  posted on 28 Jan 2022

4.0
 for  Salary and Benefits

Likes

...t. Top Management is working very hard to take the organization to next level. They paid full salary during lockdown and later reduced the no. of leaves, reduced bonus and increment to 30% of actual amount for that year.

read more
  • Salary - Good
  • +6 more

Dislikes

HR is weak. HR policies can be improved.

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Mar 2021

4.0
 for  Salary and Benefits

Likes

Work culture is very pleasant and friendly. Overall work policies of the company and the management is mostly works in favor of the employees. Also employees and the work environment suits too good.

read more
  • Salary - Good
  • +6 more

Dislikes

salary hike is less .

Production, Manufacturing & Engineering Department

4.0
  •  posted on 31 Jul 2019

5.0
 for  Salary and Benefits

Likes

The company is readily adopts latest technology. I love the fact that the company always taking care of customer by providing better service.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Compensation is decent but growth is slow. Work pressure is very high, sometimes I have to work more than 12 hours in a day for 10 to 12 day in a month to fulfill customer demand.

read more

Research & Development Department

3.0
  •  posted on 28 Mar 2018

3.0
 for  Salary and Benefits

Likes

...des very good opportunities for learning & innovating. Appraisal system is good. Salary is good. Job is very much secured. Work done here equals the work done by NITians and IITians in top MNCs. Hardwork and talent get very much recognition.

read more
  • Skill development - Good
  • +2 more

Dislikes

Work-life balance is too bad. Company pushes so many targets and deadlines and never bothers of employee welfare. Hierarchy system is too bad in some departments, some senior management employees are useless, lack knowledge and wisdom, dont learn or solve any issues and expect lower employees to do all the job, inshort, technical managers behave like just HR managers and have zero technical knowledge . Only some seniors, not all, some work extremely hard and no comments on them. Heavy work is ok only if every saturday is a holiday. But only one 3rd saturday is a holiday and other saturdays are working days. Due to design of electronics for railways, over-night testing, field trails are inevitable which are horrible and employees spend so many sleepless nights and work in very harsh field environments. Canteen food is worst, doesnt provide other sources of food like fruits , drinks even for money. Complete drain of energy with hectic work is common. And one sunday holiday is useless, gies for resting alone.

read more
  • Company culture - Bad
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Feb 2025

1.0
 for  Salary and Benefits

Likes

...ed to associates are good. For beginners it's good company to start your career. Bonus and other things are good only if you are sycophant. No technical knowledge skills will develop in this company.

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  • Job security - Excellent

Dislikes

Micro management. HR on-boarding experience wrost. No support after joining in company, Management tone changed talked rudely no work life balance. Biased management. Experience holder no value if you have expertise in A. Company management will give work in X. Company culture not so good feels like regret. Company only needs labour's.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Medha Servo Drives Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Medha Servo Drives ?
The average salary of a Hardware Design Engineer at Medha Servo Drives in India typically ranges from ₹3.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Hardware Design Engineer at Medha Servo Drives earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Hardware Design Engineer Salaries at Medha Servo Drives 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 6 Medha Servo Drives employees in India.
What is the estimated take home salary of a Hardware Design Engineer at Medha Servo Drives in India?
The estimated take-home salary of a Hardware Design Engineer at Medha Servo Drives in India typically ranges from ₹37,272 to ₹38,477 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 6 salaries received from various employees of Medha Servo Drives. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Hardware Design Engineer at Medha Servo Drives ?
To be a Hardware Design Engineer at Medha Servo Drives in india, the key skills required include:

  • - Hardware Design
  • - PCB Designing
  • - PCB Layout
  • - Hardware Design

These skills are highly valued at Medha Servo Drives and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Medha Servo Drives for Hardware Design Engineer in India?
HCLTech ₹2.2 Lakhs to ₹9.0 Lakhs per year
L&T Technology Services ₹3.3 Lakhs to ₹8.5 Lakhs per year
VVDN Technologies ₹3.2 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Medha Servo Drives, depending on the role and experience level.
What is the salary of a Hardware Design Engineer in companies similar to Medha Servo Drives in India?
The salary of a Hardware Design Engineer at companies similar to Medha Servo Drives in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Havells ₹3.2 Lakhs to ₹6.1 Lakhs per year
HBL Power Systems ₹3.0 Lakhs to ₹6.1 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 Hardware Design Engineer at Medha Servo Drives in India?
The salary growth for a Hardware Design Engineer at Medha Servo Drives depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer can expect the following growth trajectory at Medha Servo Drives:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹7.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.2 Lakhs per year
4 years ₹4.3 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

Medha Servo Drives Hardware Design Engineer salary in India ranges between ₹3 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.