Minda Stoneridge Instruments Hardware Design Engineer Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹5 Lakhs - ₹8 Lakhs

Salary of majority employees

22% less than the average Hardware Design Engineer Salary in Auto Components Companies for 1 - 2 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Hardware Design Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8 L/yr
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Research & Development Hardware Design Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.2 L/yr

Last Updated: 1 Mar 2025

Companies similar to Minda Stoneridge Instruments for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
Forvia Hella Hardware Design Engineer Salary 3 - 7 years exp. (5 salaries)	₹4.7 L/yr - ₹14.5 L/yr 67% more
Faurecia Hardware Design Engineer Salary 10 - 12 years exp. (3 salaries)	₹18 L/yr - ₹23 L/yr 267% more
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HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (259 salaries)	₹2.2 L/yr - ₹9 L/yr 13% more
VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (133 salaries)	₹3.2 L/yr - ₹9 L/yr 3% less
L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (81 salaries)	₹4 L/yr - ₹9 L/yr 12% more

Hardware Design Engineer salary at Minda Stoneridge Instruments ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Minda Stoneridge Instruments.

Experience wise Minda Stoneridge Instruments Hardware Design Engineer salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8 L/yr

Similar Designation salaries in Minda Stoneridge Instruments

Senior Design Engineer Salary

(11 salaries)

₹5.5 L/yr - ₹9 L/yr

Lead Design Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Design Engineer Salary

(15 salaries)

₹1.8 L/yr - ₹7.46 L/yr

Process Engineer Salary

(5 salaries)

₹2.05 L/yr - ₹6 L/yr

Senior Engineer Salary

(34 salaries)

₹4.2 L/yr - ₹9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Junior Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Salary related reviews for Minda Stoneridge Instruments

SMT Operator ( Line Leader ) (working remotely)

Full Time

Media Production & Entertainment Department

4.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

Working with talented and supportive colleagues not only boosts productivity but also makes each day enjoyable.

Salary - Excellent

+6 more

Dislikes

...Not enough professional development. Mismatch in work style and environment. Seeking fair market compensation. Inspired by other company/leadership style.

Supplier Development Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Dec 2024

5.0

for Salary and Benefits

Likes

In Minda Instrument I have join as GET - SQA Quality In this department I have gained lot of knowledge for Supplier management & Incoming Inspection activity & Layout Inspection for New Project Development For Sensor & Cluster Products Also Conducting Audit For New Supplier assessment & Also Faced Audits like IATF, ISO . Overall experience is Best For my Self Improvement.

Salary - Excellent

+6 more

Dislikes

In this company Others Process Very Slow small small things to get approval that's why This activity very irritate in daily work

Senior Executive in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 12 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

Senior staff is very dominating. Not at all good Company for women considering the location and career growth. No respect for employees. Worst culture among departments. No one takes the responsibility of their own actions especially senior staff. Don't join this Company if you really care about your mental health.

Salary - Bad

+6 more

Quality Executive in Pune

Full Time

Quality Assurance Department

2.0

• posted on 30 Apr 2024

1.0

for Salary and Benefits

Likes

Job satisfaction.

Job security - Good

Dislikes

No Quality Mindset , culture from Management No recognition to Ground level employee who work for organization. Top management make appraisal , promotion to L1 Manager and HOD only. Poor resources

Salary - Bad

+5 more

Quality Manager in Pune

Full Time

Quality Assurance Department

4.0

• posted on 26 Mar 2023

3.0

for Salary and Benefits

Likes

1.Challenging opportunity 2. Organization trust , giving responsibility to everyone - Designation is not matter here to give best 3.Support from top management 4.Company vision & corporate

Skill development - Good

+5 more

Dislikes

Salary needs to be revise as compare to industry's standard

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Minda Stoneridge Instruments Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Minda Stoneridge Instruments ?

The average salary of a Hardware Design Engineer at Minda Stoneridge Instruments in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Hardware Design Engineer at Minda Stoneridge Instruments earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Hardware Design Engineer Salaries at Minda Stoneridge Instruments 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 Minda Stoneridge Instruments employees in India.

What is the estimated take home salary of a Hardware Design Engineer at Minda Stoneridge Instruments in India?

The estimated take-home salary of a Hardware Design Engineer at Minda Stoneridge Instruments in India typically ranges from ₹41,123 to ₹42,271 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 Minda Stoneridge Instruments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Minda Stoneridge Instruments for Hardware Design Engineer in India?

Faurecia	₹18.0 Lakhs to ₹23.0 Lakhs per year
Forvia Hella	₹4.7 Lakhs to ₹14.5 Lakhs per year
HCLTech	₹2.2 Lakhs to ₹9.0 Lakhs per year
L&T Technology Services	₹4.0 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Hardware Design Engineer in companies similar to Minda Stoneridge Instruments in India?

The salary of a Hardware Design Engineer at companies similar to Minda Stoneridge Instruments in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

VVDN Technologies

₹3.2 Lakhs to ₹9.0 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 Minda Stoneridge Instruments in India?

The salary growth for a Hardware Design Engineer at Minda Stoneridge Instruments depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer can expect the following growth trajectory at Minda Stoneridge Instruments:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹8.0 Lakhs per year

and so on.

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Minda Stoneridge Instruments Hardware Design Engineer Salaries

Minda Stoneridge Instruments Hardware Design Engineer salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Minda Stoneridge Instruments latest salaries received from various employees of Minda Stoneridge Instruments.