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Modern Steels Production Engineer salaries in India

Annual salary range
8 - 10 years exp.
₹1 Lakh - ₹4.1 Lakhs
Salary of majority employees
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30% less than the average Production Engineer Salary in Iron & Steel Companies for 8 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Production Engineer Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Research & Development
Production Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.1 L/yr

Last Updated: 29 Jun 2023

Companies similar to Modern Steels for Production Engineer

Company name Avg Annual Salary Open Jobs
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Electrotherm Production Engineer Salary

2 - 12 years exp. (53 salaries)

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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 73% more
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Bharat Wire Ropes Production Engineer Salary

1 - 6 years exp. (44 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 13% more
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₹2.2 L/yr - ₹5.1 L/yr

arrow icon 45% more
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Kalyani Forge Production Engineer Salary

0 - 6 years exp. (28 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 9% less
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MM Forgings Production Engineer Salary

1 - 10 years exp. (26 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 26% more
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Aarti Steels Production Engineer Salary

1 - 14 years exp. (24 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 49% more
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ISMT Production Engineer Salary

0 - 13 years exp. (20 salaries)

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₹3.5 L/yr - ₹6.1 L/yr

arrow icon 78% more
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 8% more
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Usha Martin Production Engineer Salary

1 - 7 years exp. (14 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

arrow icon 107% more
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₹3 L/yr - ₹5 L/yr

arrow icon 55% more
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₹4 L/yr - ₹7.3 L/yr

arrow icon 99% more
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Jai Balaji Group Production Engineer Salary

1 - 8 years exp. (7 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 23% more
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BMW Industries Production Engineer Salary

0 - 4 years exp. (7 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 16% less
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Bmm Ispat Production Engineer Salary

2 - 6 years exp. (6 salaries)

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₹3 L/yr - ₹5.6 L/yr

arrow icon 59% more
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MSP Steel & Power Production Engineer Salary

4 - 8 years exp. (6 salaries)

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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 44% more
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Tata Metaliks Production Engineer Salary

5 - 17 years exp. (6 salaries)

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₹4.3 L/yr - ₹6.5 L/yr

arrow icon 103% more
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NELCAST Production Engineer Salary

2 - 22 years exp. (4 salaries)

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₹3 L/yr - ₹7 L/yr

arrow icon 69% more
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Panchmahal Steel Production Engineer Salary

4 - 5 years exp. (4 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 5% more
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Mukand Limited Production Engineer Salary

4 - 12 years exp. (4 salaries)

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₹2.8 L/yr - ₹8.2 L/yr

arrow icon 118% more
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₹6.2 L/yr - ₹7.2 L/yr

arrow icon 156% more
View all
Production Engineer salary at Modern Steels ranges between ₹1 Lakh to ₹4.1 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels.

Latest annual salaries shared by Modern Steels Production Engineer

1y ago
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9 years exp.
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10 years exp.
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8 years exp.
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8 years exp.

Experience wise Modern Steels Production Engineer salaries

Last Updated: 29 Jun 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.3 L/yr
9 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.1 L/yr

Similar Designation salaries in Modern Steels

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₹7.75 L/yr - ₹13.5 L/yr
Senior Production Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Production Incharge Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹3.25 L/yr - ₹7 L/yr
Quality Engineer Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
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₹1.5 L/yr - ₹2.6 L/yr
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₹2.4 L/yr - ₹3.2 L/yr
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₹2.4 L/yr - ₹4.5 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

1.0

Rated by 2 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 Production Engineer Salary FAQs

What is the salary of Production Engineer at Modern Steels ?
The average salary of a Production Engineer at Modern Steels in India typically ranges from ₹1.0 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Production Engineer at Modern Steels earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Production Engineer 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 estimates are based on salary data submitted by 4 Modern Steels employees in India.
What is the estimated take home salary of a Production Engineer at Modern Steels in India?
The estimated take-home salary of a Production Engineer at Modern Steels in India typically ranges from ₹18,906 to ₹20,585 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 8 years to 10 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 4 salaries received from various employees of Modern Steels. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Modern Steels for Production Engineer in India?
Vardhman Special Steels ₹6.2 Lakhs to ₹7.2 Lakhs per year
Mukand Limited ₹2.8 Lakhs to ₹8.2 Lakhs per year
Usha Martin ₹2.5 Lakhs to ₹7.5 Lakhs per year
Tata Metaliks ₹4.3 Lakhs to ₹6.5 Lakhs per year
Indian Metals & Ferro Alloys ₹4.0 Lakhs to ₹7.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Modern Steels, depending on the role and experience level.
What is the salary of a Production Engineer in companies similar to Modern Steels in India?
The salary of a Production Engineer at companies similar to Modern Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Rajratan Global Wire ₹3.5 Lakhs to ₹7.2 Lakhs per year
ISMT ₹3.5 Lakhs to ₹6.1 Lakhs per year
Electrotherm ₹2.4 Lakhs to ₹6.5 Lakhs per year
NELCAST ₹3.0 Lakhs to ₹7.0 Lakhs per year
Bmm Ispat ₹3.0 Lakhs to ₹5.6 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.
How the salary growth look like for a Production Engineer at Modern Steels in India?
The salary growth for a Production Engineer at Modern Steels depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Modern Steels:

Experience Average Salary Range
8 years ₹1.0 Lakhs to ₹2.3 Lakhs per year
9 years ₹2.3 Lakhs to ₹4.8 Lakhs per year
10 years ₹1.5 Lakhs to ₹4.1 Lakhs per year
and so on.

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Modern Steels Production Engineer salary in India ranges between ₹1 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Modern Steels latest salaries received from various employees of Modern Steels.