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Modern Steels Mechanical Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹2.4 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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31% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 3 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
3 - 5 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.2 L/yr

Quality Assurance
Mechanical Engineer Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Modern Steels for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Jai Balaji Group Mechanical Engineer Salary

2 - 8 years exp. (43 salaries)

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₹1.8 L/yr - ₹6.1 L/yr

arrow icon 16% more
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Electrotherm Mechanical Engineer Salary

1 - 8 years exp. (39 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 20% more
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Bmm Ispat Mechanical Engineer Salary

0 - 9 years exp. (29 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 11% more
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₹2.1 L/yr - ₹5 L/yr

At par
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Aarti Steels Mechanical Engineer Salary

0 - 9 years exp. (19 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 18% more
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₹2 L/yr - ₹4 L/yr

arrow icon 12% less
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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 9% more
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MSP Steel & Power Mechanical Engineer Salary

3 - 8 years exp. (14 salaries)

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₹2.5 L/yr - ₹5.7 L/yr

arrow icon 38% more
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Usha Martin Mechanical Engineer Salary

2 - 10 years exp. (14 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 32% more
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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 53% more
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ISMT Mechanical Engineer Salary

1 - 32 years exp. (11 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 32% more
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Sathavahana Ispat Mechanical Engineer Salary

2 - 10 years exp. (10 salaries)

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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 12% less
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Kalyani Forge Mechanical Engineer Salary

0 - 6 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.9 L/yr

arrow icon 10% less
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MM Forgings Mechanical Engineer Salary

4 - 13 years exp. (9 salaries)

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₹2 L/yr - ₹4.8 L/yr

At par
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Bharat Wire Ropes Mechanical Engineer Salary

1 - 9 years exp. (6 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 33% less
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₹3 L/yr - ₹9 L/yr

arrow icon 76% more
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NELCAST Mechanical Engineer Salary

0 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 17% more
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Mukand Limited Mechanical Engineer Salary

1 - 3 years exp. (6 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 23% less
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₹3 L/yr - ₹6.8 L/yr

arrow icon 47% more
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KIC Metaliks Mechanical Engineer Salary

0 - 5 years exp. (5 salaries)

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₹1.4 L/yr - ₹2.4 L/yr

arrow icon 45% less
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Mechanical Engineer salary at Modern Steels ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Modern Steels.

Latest annual salaries shared by Modern Steels Mechanical Engineer

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5 years exp.
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Experience wise Modern Steels Mechanical Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr

Similar Designation salaries in Modern Steels

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₹3.4 L/yr - ₹4.35 L/yr
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₹3.25 L/yr - ₹7 L/yr
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₹1.5 L/yr - ₹2.6 L/yr
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₹1 L/yr - ₹4.05 L/yr
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₹4 L/yr - ₹6.1 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Supervisor Salary
(4 salaries)
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₹1.4 L/yr - ₹5 L/yr

Salary related reviews for Modern Steels

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
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Modern Steels Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Modern Steels?
Mechanical Engineer salary at Modern Steels in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 31% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Modern Steels India.
How does the salary of a Mechanical Engineer at Modern Steels India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Modern Steels is 31% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Modern Steels to a Mechanical Engineer in India?
  • Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
  • Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
  • Vardhman Special Steels Mechanical Engineer Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year
  • MSP Steel & Power Mechanical Engineer Salary - ₹2.5 Lakhs to ₹5.7 Lakhs per year
  • ISMT Mechanical Engineer Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Modern Steels in India?
  • Usha Martin Mechanical Engineer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • JSW Ispat Steel Mechanical Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • Electrotherm Mechanical Engineer Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
  • Aarti Steels Mechanical Engineer Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
  • NELCAST Mechanical Engineer Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Modern Steels in India?
The estimated take-home salary of a Mechanical Engineer at Modern Steels ranges between ₹22,991 per month to ₹24,460 per month in India. The take-home salary calculation is based on the average Modern Steels Mechanical Engineer salary in India which ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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Modern Steels Mechanical Engineer salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Modern Steels latest salaries received from various employees of Modern Steels.