Milestone Gears Mechanical Engineer Salaries by 4 Employees

0 - 16 years exp.

₹1.5 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Mechanical Engineer Salary in Auto Components Companies for 0 - 16 years of experience

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Last Updated: 10 Aug 2024

Companies similar to Milestone Gears for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Sanden Vikas Mechanical Engineer Salary 1 - 10 years exp. (49 salaries)	₹1.4 L/yr - ₹4.5 L/yr 1% more
Victora Auto Private Limited Mechanical Engineer Salary 0 - 6 years exp. (41 salaries)	₹1.8 L/yr - ₹4.5 L/yr 5% less
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Hema Engineering Industries Mechanical Engineer Salary 1 - 14 years exp. (36 salaries)	₹1.8 L/yr - ₹4 L/yr 4% less
Shivam Autotech Mechanical Engineer Salary 1 - 10 years exp. (28 salaries)	₹1.8 L/yr - ₹4.2 L/yr 2% less
Hi Tech Gears Mechanical Engineer Salary 1 - 8 years exp. (26 salaries)	₹1.2 L/yr - ₹5.5 L/yr 17% more
Caparo Maruti Mechanical Engineer Salary 0 - 5 years exp. (21 salaries)	₹1.5 L/yr - ₹4.4 L/yr 25% less
Knorr-Bremse Mechanical Engineer Salary 1 - 4 years exp. (21 salaries)	₹1.5 L/yr - ₹7.9 L/yr 33% more
Maxop Engineering Co. Mechanical Engineer Salary 3 - 11 years exp. (20 salaries)	₹2.5 L/yr - ₹5.4 L/yr 26% more
Padmini VNA Mechatronics Mechanical Engineer Salary 1 - 7 years exp. (14 salaries)	₹2.5 L/yr - ₹5.5 L/yr 57% more
Talbros Mechanical Engineer Salary 0 - 3 years exp. (13 salaries)	₹1.7 L/yr - ₹3.2 L/yr 25% less
Surin Automotive Mechanical Engineer Salary 0 - 8 years exp. (12 salaries)	₹1.5 L/yr - ₹4.2 L/yr 6% less
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UCAL Fuel Systems Mechanical Engineer Salary 1 - 4 years exp. (12 salaries)	₹1.5 L/yr - ₹4.1 L/yr 17% less
FCC Clutch Mechanical Engineer Salary 1 - 10 years exp. (12 salaries)	₹2.2 L/yr - ₹7.5 L/yr 38% more
Brembo Brake India Mechanical Engineer Salary 1 - 7 years exp. (12 salaries)	₹1.8 L/yr - ₹4 L/yr 4% less
India Japan Lighting Mechanical Engineer Salary 0 - 9 years exp. (11 salaries)	₹2 L/yr - ₹4.7 L/yr 10% less
Fiem Industries Mechanical Engineer Salary 0 - 6 years exp. (10 salaries)	₹2 L/yr - ₹3.5 L/yr 9% less
Hanon Systems Mechanical Engineer Salary 1 - 7 years exp. (10 salaries)	₹1.3 L/yr - ₹8 L/yr 49% more
S. M. Auto Engineering Mechanical Engineer Salary 4 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹4.3 L/yr 18% more
American Axle & Manufacturing Mechanical Engineer Salary 4 - 9 years exp. (8 salaries)	₹2.4 L/yr - ₹5 L/yr 15% more
Aisin Automotive Haryana Mechanical Engineer Salary 2 - 7 years exp. (8 salaries)	₹1.8 L/yr - ₹3.5 L/yr 22% less

View all

Mechanical Engineer salary at Milestone Gears ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Milestone Gears.

Experience wise Milestone Gears Mechanical Engineer salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
12 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
13 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
14 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
15+ years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in Milestone Gears

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(12 salaries)

₹3 L/yr - ₹6 L/yr

Shift Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Junior Engineer Salary

(10 salaries)

₹1.4 L/yr - ₹2.8 L/yr

Maintenance Engineer Salary

(5 salaries)

₹1.5 L/yr - ₹2.9 L/yr

Assistant Engineer Salary

(6 salaries)

₹1.4 L/yr - ₹2.34 L/yr

Production Engineer Salary

(24 salaries)

₹1.5 L/yr - ₹3.7 L/yr

Mechanical Maintenance Engineer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹9 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Milestone Gears

1.7

Rated by 2 employees for salary & benefits

Safety Officer in Jharmari Baddi

Full Time

Environment Health & Safety Department

5.0

• posted on 28 Nov 2024

5.0

for Salary and Benefits

Likes

...ng nature, and no any difference between company workers and contractor workers. Salary providing timely.

Salary - Excellent

+5 more

Dislikes

I card not providing yet, Uniform not providing, safety shoes to be provided yearly and need to be some improvements in this type of facilities.

Apprentice in Barotiwala, Himachal Pradesh

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 29 Sep 2022

1.0

for Salary and Benefits

Likes

Nothing to like here

Job security - Good

Dislikes

...ergonomic working conditions No Process defined for any type of work structure Salary depending on personal relations rather than performance Total work load on supervisor and operators No defined KRA for employees No facilities for employees Non skilled illiterate operators No technical training provided No skill development training provided Non Qualified HR in HR department Low standard salary than market standards No value of education in this industry They just need workforce to get output

Salary - Bad

+3 more

Quality Engineer in Kalka

Quality Assurance Department

3.0

• posted on 09 May 2021

1.0

for Salary and Benefits

Likes

Company provides a good platform in core mechanics

Dislikes

Growth rate is not good Salary is not good Cleanliness is very poorly maintained No basic needs provided No canteen Even washroom ls are in bad condition

Salary - Bad

+4 more

Graduate Engineer Trainee (Get)

Other Department

2.0

• posted on 01 May 2019

5.0

for Salary and Benefits

Likes

Milestone gear innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

Salary - Excellent

+6 more

Dislikes

In mgpl Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night.

Quality And Calibration Engineer

Quality Calibration Department

5.0

• posted on 13 Aug 2018

2.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the face that i am a part of team that market reliable, high - quality products and has a global client base.

Skill development - Excellent

+2 more

Dislikes

Compensation is decent, but growth is slow .the work pressure is very high sometimes, i have to work 14-16 hours straight in a day .

Salary - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Milestone Gears Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Milestone Gears ?

The average salary of a Mechanical Engineer at Milestone Gears in India typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Mechanical Engineer at Milestone Gears earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Mechanical Engineer Salaries at Milestone Gears 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 Milestone Gears employees in India.

What is the estimated take home salary of a Mechanical Engineer at Milestone Gears in India?

The estimated take-home salary of a Mechanical Engineer at Milestone Gears in India typically ranges from ₹21,950 to ₹23,434 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 16 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 Milestone Gears. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Milestone Gears for Mechanical Engineer in India?

Padmini VNA Mechatronics	₹2.5 Lakhs to ₹5.5 Lakhs per year
Hanon Systems	₹1.3 Lakhs to ₹8.0 Lakhs per year
FCC Clutch	₹2.2 Lakhs to ₹7.5 Lakhs per year
Knorr-Bremse	₹1.5 Lakhs to ₹7.9 Lakhs per year
Maxop Engineering Co.	₹2.5 Lakhs to ₹5.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Milestone Gears, depending on the role and experience level.

What is the salary of a Mechanical Engineer in companies similar to Milestone Gears in India?

The salary of a Mechanical Engineer at companies similar to Milestone Gears in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

S. M. Auto Engineering	₹3.5 Lakhs to ₹4.3 Lakhs per year
Hi Tech Gears	₹1.2 Lakhs to ₹5.5 Lakhs per year
Goodyear	₹3.0 Lakhs to ₹4.1 Lakhs per year
American Axle & Manufacturing	₹2.4 Lakhs to ₹5.0 Lakhs per year
Greaves Cotton	₹2.0 Lakhs to ₹4.5 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 Mechanical Engineer at Milestone Gears in India?

The salary growth for a Mechanical Engineer at Milestone Gears depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Milestone Gears:

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Milestone Gears Mechanical Engineer Salaries

Milestone Gears Mechanical Engineer salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Milestone Gears latest salaries received from various employees of Milestone Gears.