Milltec Machinery Pvt Ltd Bangalore Principal Engineer Salaries by 8 Employees (Updated 2025)

8 - 20 years exp.

₹8.1 Lakhs - ₹12.3 Lakhs

Salary of majority employees

66% less than the average Principal Engineer Salary in Industrial Machinery Companies for 8 - 20 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Principal Engineer Salary 15 - 20 years exp. (6 salaries)	₹8.1 L/yr - ₹10 L/yr
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IT & Information Security Principal Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹12.3 L/yr

Last Updated: 20 Aug 2024

Companies similar to Milltec Machinery Pvt Ltd Bangalore for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Principal Engineer Salary 4 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 44% less
HARMAN Principal Engineer Salary 9 - 16 years exp. (474 salaries)	₹16.8 L/yr - ₹50.6 L/yr 227% more	3 job openings
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Hughes Systique Corporation Principal Engineer Salary 6 - 10 years exp. (256 salaries)	₹11 L/yr - ₹30 L/yr 100% more
Wissen Technology Principal Engineer Salary 7 - 12 years exp. (250 salaries)	₹16 L/yr - ₹41 L/yr 179% more
Oracle Principal Engineer Salary 9 - 18 years exp. (238 salaries)	₹14 L/yr - ₹60 L/yr 221% more	3 job openings

Principal Engineer salary at Milltec Machinery Pvt Ltd Bangalore ranges between ₹8.1 Lakhs to ₹12.3 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 8 latest salaries received from various employees of Milltec Machinery Pvt Ltd Bangalore.

Experience wise Milltec Machinery Pvt Ltd Bangalore Principal Engineer salaries

Last Updated: 20 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12.3 L/yr
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10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
15+ years (6 salaries)	₹8.1 L/yr - ₹18.9 L/yr

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Similar Designation salaries in Milltec Machinery Pvt Ltd Bangalore

Senior Engineer Salary

(14 salaries)

₹4.25 L/yr - ₹9 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Team Lead Salary

(3 salaries)

₹2.7 L/yr - ₹3.3 L/yr

Salary related reviews for Milltec Machinery Pvt Ltd Bangalore

4.0

Rated by 1 employees for salary & benefits

Design Engineer in Bangalore Rural

Full Time

Research & Development Department

1.0

• posted on 30 Apr 2024

2.0

for Salary and Benefits

Likes

On time salary Suggest only for fresher's. Not recommend for Engineers with ,5+ year experience

Dislikes

No respect for employees. Managers will speak like construction site and treat subordinates like labourer. If you are going to join design team - No Mobile is allowed inside. HR will inform you on date of joining. Without phone, they expect you to work from 8.15 am to 5:50 pm No proper guidance from managers Zero work life balance. No care for human we'll being. They expect engineers to work beyond office time Top management is difficult to deal with and changes policy oftentimes.

Sales Engineer in Vijayawada

Sales & Marketing Department

1.0

• posted on 30 Apr 2022

4.0

for Salary and Benefits

Likes

Salary is on time. Company is okay but there are some harmful characters in sales team

Dislikes

Sales DGM Ramana. he takes percentage kickback from his area dealers as comission . that's why he doesn't allow new sales people or dealers to train or learn his area, because they will identify this. CEO and some management also know this but they are spineless. hope atleast new company AGI identify this

Mechanical Engg. Design in At Bammasandra Indl, Bangalore

Full Time

Research & Development Department

5.0

• posted on 22 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture, teammates are supportive and the management is transparent.company policies are good,

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.

Deputy General Manager Project in Bangalore / Bengaluru

Project & Program Management Department

3.0

• posted on 10 Apr 2021

4.0

for Salary and Benefits

Likes

The work life balance is very good. Processes of admin are smooth (like salary coming on time etc)

Dislikes

Not enough interactions by Management. No solution approach. No career planning for employees. No proper infrastructure and no IT infrastructure. No transparency with middle management. Only one sided communication (top to bottom). etc, no team outings, no moral support, no soft skill training, Partiality between same tier of employees, favourism

Diploma Mechanical Engineer in Bangalore / Bengaluru

Production Department

5.0

• posted on 24 Sep 2018

2.0

for Salary and Benefits

Likes

The company is working on fabrication. I love the fact that I am part of team who working together and to make finish material. The company is making for rice mill product. We work happily in collaboration and also like the employee.

Dislikes

...s poor. Food quality is very bad. On night duty,there are no medical allowances. No increment in salary for parmanent employee also.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Milltec Machinery Pvt Ltd Bangalore Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Milltec Machinery Pvt Ltd Bangalore?

Principal Engineer salary at Milltec Machinery Pvt Ltd Bangalore in India ranges between ₹8.1 Lakhs to ₹12.3 Lakhs for experience between 8 years to 20 years. According to our estimates it is 66% less than the average Principal Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Milltec Machinery Pvt Ltd Bangalore India.

How does the salary of a Principal Engineer at Milltec Machinery Pvt Ltd Bangalore India compare with the average salary range for this job?

The average salary of a Principal Engineer at Milltec Machinery Pvt Ltd Bangalore is 66% less than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Milltec Machinery Pvt Ltd Bangalore to a Principal Engineer in India?

HARMAN Principal Engineer Salary - ₹16.8 Lakhs to ₹50.6 Lakhs per year
Oracle Principal Engineer Salary - ₹14.0 Lakhs to ₹60.0 Lakhs per year
Wissen Technology Principal Engineer Salary - ₹16.0 Lakhs to ₹41.0 Lakhs per year
Hughes Systique Corporation Principal Engineer Salary - ₹11.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Principal Engineer in companies similar to Milltec Machinery Pvt Ltd Bangalore in India?

Thermax Limited Principal Engineer Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year

What is the estimated take home salary of a Principal Engineer at Milltec Machinery Pvt Ltd Bangalore in India?

The estimated take-home salary of a Principal Engineer at Milltec Machinery Pvt Ltd Bangalore ranges between ₹76,465 per month to ₹78,448 per month in India. The take-home salary calculation is based on the average Milltec Machinery Pvt Ltd Bangalore Principal Engineer salary in India which ranges between ₹8.1 Lakhs to ₹12.3 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Milltec Machinery Pvt Ltd Bangalore?

According to AmbitionBox, 78% of the Milltec Machinery Pvt Ltd Bangalore Principal Engineers reported a notice period of 1 Month, 22% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Milltec Machinery Pvt Ltd Bangalore Principal Engineer Salaries

Milltec Machinery Pvt Ltd Bangalore Principal Engineer salary in India ranges between ₹8.1 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Milltec Machinery Pvt Ltd Bangalore latest salaries received from various employees of Milltec Machinery Pvt Ltd Bangalore.