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Modern Steels Salaries in India (Updated 2025)

based on 205 latest salaries
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Production, Manufacturing & Engineering Quality Assurance Finance & Accounting Research & Development + 5 more
Designation Avg Annual Salary Open Jobs
4 - 20 years exp. (9 salaries)
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₹3.3 L/yr - ₹7 L/yr

2 - 6 years exp. (7 salaries)
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₹1.5 L/yr - ₹2.6 L/yr

3 - 7 years exp. (6 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

2 - 8 years exp. (4 salaries)
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₹2.1 L/yr - ₹4 L/yr

Starting your career? Discover Modern Steels fresher salaries in India
8 - 10 years exp. (4 salaries)
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₹1 L/yr - ₹4.1 L/yr

3 - 20 years exp. (4 salaries)
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₹1.4 L/yr - ₹5 L/yr

15 - 18 years exp. (4 salaries)
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₹22 L/yr - ₹40 L/yr

7 - 24 years exp. (4 salaries)
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₹4 L/yr - ₹6.1 L/yr

12 - 15 years exp. (4 salaries)
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₹7.8 L/yr - ₹13.5 L/yr

8 - 12 years exp. (4 salaries)
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₹3.4 L/yr - ₹4.4 L/yr

0 - 4 years exp. (3 salaries)
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₹1.7 L/yr - ₹2.1 L/yr

20 - 24 years exp. (3 salaries)
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₹10.8 L/yr - ₹13.8 L/yr

3 - 4 years exp. (3 salaries)
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₹1.7 L/yr - ₹2.1 L/yr

4 - 13 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

1 - 2 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

7 - 9 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

8 - 9 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

8 - 9 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

0 - 1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

15 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Last Updated: 18 Jan, 2025

Salary related reviews for Modern Steels

2.9

Rated by 35 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews
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Modern Steels Salary FAQs

How much does Modern Steels pay to its employees?
The average annual salary at Modern Steels varies depending on the role, experience, and location. The salary ranges for some popular designations at Modern Steels, are as follows:

Senior Engineer ₹3.3 Lakhs to ₹7 Lakhs per year
Assistant Engineer ₹1.5 Lakhs to ₹2.6 Lakhs per year
Mechanical Engineer ₹2.4 Lakhs to ₹4.5 Lakhs per year
Melter ₹2.1 Lakhs to ₹4 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4.5 Lakhs to ₹8.8 Lakhs per year. The top 10% of employees earn more than ₹12 Lakhs per year, and the top 1% earn over ₹32 Lakhs per year. Salaries at Modern Steels 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 salary estimates are based on data from 205 salaries submitted by Modern Steels employees. Modern Steels is rated 2.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Modern Steels is INRunlock blur . Salary estimates are based on 200+ Modern Steels latest salaries received from various employees of Modern Steels.

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