Minda Stoneridge Instruments Material Engineer Salaries by 4 Employees

3 - 6 years exp.

₹4 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Material Engineer Salary in Auto Components Companies for 3 - 6 years of experience

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Last Updated: 11 Jun 2023

Companies similar to Minda Stoneridge Instruments for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Maini Precision Products Material Engineer Salary 9 - 11 years exp. (4 salaries)	₹4.6 L/yr - ₹5.8 L/yr 11% more
Hyundai Mobis Material Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹5.5 L/yr 16% less
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Prumatech Infosystems Material Engineer Salary 1 - 5 years exp. (101 salaries)	₹1 L/yr - ₹4 L/yr 41% less
Pilog Material Engineer Salary 0 - 6 years exp. (67 salaries)	₹1.5 L/yr - ₹5.6 L/yr 21% less
Dilip Buildcon Material Engineer Salary 7 - 19 years exp. (23 salaries)	₹6.2 L/yr - ₹10 L/yr 72% more

Material Engineer salary at Minda Stoneridge Instruments ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Minda Stoneridge Instruments.

Experience wise Minda Stoneridge Instruments Material Engineer salaries

Last Updated: 11 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Minda Stoneridge Instruments

Senior Engineer Salary

(34 salaries)

₹4.2 L/yr - ₹9.2 L/yr

Quality Engineer Salary

(21 salaries)

₹1.2 L/yr - ₹5.65 L/yr

Junior Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.5 L/yr

QA QC Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(34 salaries)

₹6.5 L/yr - ₹16 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Deputy Project Manager Salary

(3 salaries)

₹9.6 L/yr - ₹10.6 L/yr

Salary related reviews for Minda Stoneridge Instruments

3.0

Rated by 2 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Minda Stoneridge Instruments Material Engineer Salary FAQs

What is the salary of Material Engineer at Minda Stoneridge Instruments ?

The average salary of a Material Engineer at Minda Stoneridge Instruments in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Material Engineer at Minda Stoneridge Instruments earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Material 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 Material Engineer at Minda Stoneridge Instruments in India?

The estimated take-home salary of a Material Engineer at Minda Stoneridge Instruments in India typically ranges from ₹35,556 to ₹36,787 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Material Engineer in India?

Dilip Buildcon	₹6.2 Lakhs to ₹10.0 Lakhs per year
Maini Precision Products	₹4.6 Lakhs to ₹5.8 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 Material Engineer in companies similar to Minda Stoneridge Instruments in India?

The salary of a Material 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:

Hyundai Mobis	₹2.3 Lakhs to ₹5.5 Lakhs per year
Pilog	₹1.5 Lakhs to ₹5.6 Lakhs per year
Prumatech Infosystems	₹1.0 Lakhs to ₹4.0 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 Material Engineer at Minda Stoneridge Instruments in India?

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

Experience	Average Salary Range
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Minda Stoneridge Instruments Material Engineer Salaries

Minda Stoneridge Instruments Material Engineer salary in India ranges between ₹4 Lakhs to ₹6 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.