Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary31% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 4 - 13 years of experience
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Companies similar to MM Forgings for Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bharat Forge Mechanical Engineer Salary
1 - 13 years exp. (75 salaries) |  ₹1.5 L/yr - ₹9 L/yr 
54%
more | |
 Ramkrishna Forgings Mechanical Engineer Salary
2 - 7 years exp. (21 salaries) | ₹2.2 L/yr - ₹6.5 L/yr
29%
more | |
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| ||
 Munjal Auto Industries Mechanical Engineer Salary
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 Endurance Technologies Mechanical Engineer Salary
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 TVS Sundram Fasteners Mechanical Engineer Salary
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 ZF Commercial Vehicle Control Systems Mechanical Engineer Salary
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 Tata Steel Mechanical Engineer Salary
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 JSW Steel Mechanical Engineer Salary
0 - 12 years exp. (182 salaries) | ₹1.7 L/yr - ₹8.4 L/yr
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 Jai Balaji Group Mechanical Engineer Salary
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 Jindal Stainless Mechanical Engineer Salary
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58%
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| ||
 Electrotherm Mechanical Engineer Salary
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17%
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 Jindal Saw Mechanical Engineer Salary
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 ESL Steel Mechanical Engineer Salary
4 - 14 years exp. (25 salaries) | ₹3.6 L/yr - ₹9 L/yr
106%
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 Bmm Ispat Mechanical Engineer Salary
1 - 8 years exp. (30 salaries) | ₹2.5 L/yr - ₹4.1 L/yr
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 Jayaswal Neco Industries Mechanical Engineer Salary
1 - 7 years exp. (24 salaries) | ₹2.1 L/yr - ₹5 L/yr
1%
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 Aarti Steels Mechanical Engineer Salary
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 Ratnamani Metals and Tubes Mechanical Engineer Salary
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 MSP Steel & Power Mechanical Engineer Salary
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37%
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 Usha Martin Mechanical Engineer Salary
2 - 10 years exp. (14 salaries) | ₹2 L/yr - ₹6 L/yr
30%
more | |
Latest annual salaries shared by MM Forgings Mechanical Engineer
Experience wise MM Forgings Mechanical Engineer salaries
Last Updated: 5 Apr 2024
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹5.2
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.4
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.5
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹2.9
L/yr
- ₹3.7
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹2.9
L/yr
- ₹5.9
L/yr
|
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MM Forgings Mechanical Engineer Salary FAQs
The top 10% of Mechanical Engineer at MM Forgings earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Mechanical 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 9 MM Forgings employees in India.
| ESL Steel | ₹3.6 Lakhs to ₹9.0 Lakhs per year |
| Tata Metaliks | ₹5.3 Lakhs to ₹7.5 Lakhs per year |
| Steel Authority Of India | ₹2.1 Lakhs to ₹9.8 Lakhs per year |
| Indian Metals & Ferro Alloys | ₹3.0 Lakhs to ₹9.0 Lakhs per year |
| Jindal Stainless | ₹2.5 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.
| Bharat Forge | ₹1.5 Lakhs to ₹9.0 Lakhs per year |
| Kirloskar Ferrous Industries | ₹1.8 Lakhs to ₹6.3 Lakhs per year |
| JSW Steel | ₹1.7 Lakhs to ₹8.4 Lakhs per year |
| Tata Steel | ₹1.4 Lakhs to ₹9.1 Lakhs per year |
| MSP Steel & Power | ₹2.5 Lakhs to ₹5.7 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.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹2.0 Lakhs to ₹5.2 Lakhs per year |
| 5 years | ₹2.4 Lakhs to ₹5.4 Lakhs per year |
| 6 years | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| 7 years | ₹2.9 Lakhs to ₹3.7 Lakhs per year |
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MM Forgings Mechanical Engineer Salaries by Location
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MM Forgings Mechanical Engineer salary
in
India
ranges between ₹2
Lakhs to ₹4.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
9
MM Forgings latest salaries received from various employees of
MM Forgings.