Modern Steels Salaries by 200+ Employees (Updated 2025)

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Production, Manufacturing & Engineering Quality Assurance Finance & Accounting Research & Development + 5 more

Designation	Avg Annual Salary	Open Jobs
Senior Engineer 4 - 20 years exp. (9 salaries)	₹3.3 L/yr - ₹7 L/yr
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Assistant Engineer 2 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹2.6 L/yr
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Mechanical Engineer 3 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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Melter 2 - 8 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr
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Production Engineer 8 - 10 years exp. (4 salaries)	₹1 L/yr - ₹4.1 L/yr
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Supervisor 3 - 20 years exp. (4 salaries)	₹1.4 L/yr - ₹5 L/yr
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Project Manager 15 - 18 years exp. (4 salaries)	₹22 L/yr - ₹40 L/yr
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Senior Electrical Engineer 7 - 24 years exp. (4 salaries)	₹4 L/yr - ₹6.1 L/yr
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Production Manager 12 - 15 years exp. (4 salaries)	₹7.8 L/yr - ₹13.5 L/yr
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Electrical Engineer 8 - 12 years exp. (4 salaries)	₹3.4 L/yr - ₹4.4 L/yr
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Incoming Quality Engineer 0 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr
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IT Manager 20 - 24 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr
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Account Assistant 3 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr
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Production Supervisor 4 - 13 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr
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Quality Inspector 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.1 L/yr
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Diploma Mechanical Engineer 7 - 9 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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Sales Manager 8 - 9 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Assistant Manager Quality Assurance 8 - 9 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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Graduate Engineer Trainee (Get) 0 - 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Senior Accountant 15 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Salary related reviews for Modern Steels

2.9

Rated by 35 employees for salary & benefits

Senior Executive Materials

Procurement & Supply Chain Department

2.0

• posted on 05 Sep 2018

1.0

for Salary and Benefits

Likes

Working in Modern Steels, you will find job security, healthy team environment and fine balance between work and life.

Job security - Good

+1 more

Dislikes

Compensation if good only for higher designations and terrible for middle and lower designations. No on job training, extremely low increments, no career growth.

Salary - Bad

+4 more

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Modern Steels Salary FAQs

How much does Modern Steels pay per year?

The average Modern Steels salary ranges from approximately ₹0.4 Lakh to ₹3.6 Lakhs per year for a Lathe Machine Operator and ₹4.5 Lakhs to ₹8.8 Lakhs per year for a Assistant Manager. Salary estimates are based on 205 Modern Steels salaries received from various employees of Modern Steels. Modern Steels employees rate the overall salary and benefits package 2.9/5 stars.

What is the highest salary in Modern Steels?

The highest-paying job at Modern Steels is a Assistant Manager with a salary of ₹4.5 Lakhs to ₹8.8 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹32 lakhs per year.

What is the minimum salary in Modern Steels?

Minimum salary at Modern Steels depends on the role you are applying for. For Lathe Machine Operator the minimum salary is ₹0.4 Lakh to ₹3.6 Lakhs per year, and for Assistant Engineer the minimum salary is ₹1.5 Lakh to ₹2.6 Lakhs per year and so on.

What is the notice period at Modern Steels?

According to AmbitionBox, 42% of the Modern Steels employees reported a notice period of 15 days or less, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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Modern Steels Salaries by Location

Average annual salary in Modern Steels is INR . Salary estimates are based on 205 Modern Steels latest salaries received from various employees of Modern Steels.

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