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MM Forgings

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MM Forgings Design Engineer salaries in Chennai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹1.5 Lakh - ₹5.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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44% less than the average Design Engineer Salary in Iron & Steel Companies for 1 - 8 years of experience

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Salaries in different departments

Research & Development
Design Engineer Salary
1 - 8 years exp. (16 salaries)
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₹2.3 L/yr - ₹5.2 L/yr

Production, Manufacturing & Engineering
Design Engineer Salary
1 - 6 years exp. (7 salaries)
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₹1.7 L/yr - ₹3.6 L/yr

Last Updated: 7 Mar 2025

Companies similar to MM Forgings for Design Engineer in Chennai

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MM Forgings Design Engineer Salary

1 - 8 years exp. (26 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.4 L/yr - ₹10 L/yr

arrow icon 125% more
1 job opening
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TCS Design Engineer Salary

0 - 10 years exp. (314 salaries)

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₹2.8 L/yr - ₹10.6 L/yr

arrow icon 115% more
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Mahindra & Mahindra Design Engineer Salary

1 - 7 years exp. (292 salaries)

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₹2 L/yr - ₹9.2 L/yr

arrow icon 93% more
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Ashok Leyland Design Engineer Salary

0 - 5 years exp. (288 salaries)

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₹1.5 L/yr - ₹8 L/yr

arrow icon 20% more
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L&T Technology Services Design Engineer Salary

1 - 9 years exp. (268 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 94% more
8 job openings
Design Engineer salary at MM Forgings ranges between ₹1.5 Lakh to ₹5.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 26 latest salaries received from various employees of MM Forgings.

Latest annual salaries shared by MM Forgings Design Engineer in Chennai

4w ago
₹3 Lakhs
4 years exp.
2mo ago
₹3.6 Lakhs
4 years exp.
2mo ago
₹3.8 Lakhs
8 years exp.
5mo ago
₹2.5 Lakhs
4 years exp.
1y ago
₹2.3 Lakhs
2 years exp.
1y ago
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3 years exp.
1y ago
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1 year exp.
1y ago
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1 year exp.
1y ago
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2 years exp.
1y ago
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3 years exp.

Experience wise MM Forgings Design Engineer salaries in Chennai

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.5 L/yr - ₹3 L/yr
2 years  (5 salaries)

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₹2.3 L/yr - ₹3.8 L/yr
3 years  (5 salaries)

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₹2.7 L/yr - ₹3.5 L/yr
4 years  (6 salaries)

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₹2.5 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in MM Forgings

Junior Engineer Salary
(16 salaries)
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₹2 L/yr - ₹3.5 L/yr
Senior Engineer Salary
(14 salaries)
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₹3.15 L/yr - ₹6.2 L/yr
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₹1.75 L/yr - ₹4.9 L/yr
Deputy Manager Salary
(5 salaries)
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₹9 L/yr - ₹12 L/yr
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₹2.6 L/yr - ₹2.84 L/yr
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₹2.5 L/yr - ₹7.5 L/yr

Salary related reviews for MM Forgings

1.2

Rated by 3 employees for salary & benefits

Research & Development Department

1.0
  •  posted on 09 May 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transperant. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair

read more
  • Job security - Good
  • +1 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is descent but career growth is slow. There is bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more
  • Work-life balance - Poor

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 03 Nov 2020

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teamates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal ate fair and they give salay home and bonus every year.

read more
  • Skill development - Good

Dislikes

Salary is decent but career growth is slow.

Full Time

 · 

Media Production & Entertainment Department

2.0
  •  posted on 13 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing to say,

Dislikes

No salary increment, No bonus, didn't respect any talented persons work, and wont gave any appraisal and promote the person even if you does the work for 6 years. Very dominating manager.

read more
  • Salary - Bad
  • +5 more

Quality Department

2.0
  •  posted on 19 Apr 2022

1.0
 for  Salary and Benefits

Likes

Job security, Friendly people, Food is ok, salary on time no delay, provide accommodation and food, 8 hrs work, communication

read more

Dislikes

Management is worst, Increament is very low compared to other companies, Doesn't provide any experience certificate, work environment is terrible, no transport facilities, low education knowledge is enough to work, career growth is poor.

read more
  • Salary - Bad
  • +5 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 26 Apr 2022

5.0
 for  Salary and Benefits

Likes

...gement is Transparent .there is A Huge Cafeteria and Gaming Arcade For Chilling. Company Policies are Good, appraisal are fair and they Give Good Salary Hike and bonus Every Year

read more
  • Salary - Excellent
  • +6 more

Dislikes

Politics......

see more salary related reviews

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MM Forgings Design Engineer Salary FAQs

What is the salary of Design Engineer at MM Forgings in Chennai?
The average salary of a Design Engineer at MM Forgings in Chennai typically ranges from ₹1.5 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Design Engineer in Chennai at MM Forgings earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Design Engineer Salaries at MM Forgings 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 20+ MM Forgings employees in India.
What is the estimated take home salary of a Design Engineer at MM Forgings in Chennai?
The estimated take-home salary of a Design Engineer at MM Forgings in Chennai typically ranges from ₹21,458 to ₹23,099 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ salaries received from various employees of MM Forgings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MM Forgings for Design Engineer in India?
Renault Nissan Technology & Business Centre India ₹3.4 Lakhs to ₹10.0 Lakhs per year
TCS ₹2.8 Lakhs to ₹10.6 Lakhs per year
L&T Technology Services ₹3.0 Lakhs to ₹8.5 Lakhs per year
Mahindra & Mahindra ₹2.0 Lakhs to ₹9.2 Lakhs per year
Ashok Leyland ₹1.5 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MM Forgings, depending on the role and experience level.
How the salary growth look like for a Design Engineer at MM Forgings in Chennai?
The salary growth for a Design Engineer at MM Forgings in Chennai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Chennai can expect the following growth trajectory at MM Forgings:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.3 Lakhs to ₹3.8 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

MM Forgings Design Engineer salary in Chennai ranges between ₹1.5 Lakh to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 MM Forgings latest salaries received from various employees of MM Forgings.