Modern Tooling Solution Mechanical Engineer Salaries by 4 Employees (Updated 2024)

1 - 5 years exp.

₹1.5 Lakh - ₹3.1 Lakhs

Salary of majority employees

48% less than the average Mechanical Engineer Salary for 1 - 5 years of experience

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Last Updated: 8 Aug 2024

Companies similar to Modern Tooling Solution for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 10 years exp. (494 salaries)	₹1.1 L/yr - ₹10 L/yr 134% more
Reliance Industries Mechanical Engineer Salary 1 - 10 years exp. (481 salaries)	₹1.5 L/yr - ₹10.5 L/yr 149% more
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HCLTech Mechanical Engineer Salary 1 - 7 years exp. (84 salaries)	₹2.2 L/yr - ₹9.7 L/yr 147% more
TCS Mechanical Engineer Salary 2 - 8 years exp. (53 salaries)	₹3 L/yr - ₹12 L/yr 182% more
Tech Mahindra Mechanical Engineer Salary 1 - 7 years exp. (44 salaries)	₹2 L/yr - ₹7 L/yr 91% more
Capgemini Mechanical Engineer Salary 0 - 9 years exp. (25 salaries)	₹3.5 L/yr - ₹11.5 L/yr 171% more
Accenture Mechanical Engineer Salary 0 - 6 years exp. (16 salaries)	₹2.4 L/yr - ₹10.5 L/yr 155% more	3 job openings
LTIMindtree Mechanical Engineer Salary 0 - 6 years exp. (14 salaries)	₹2.1 L/yr - ₹5 L/yr 103% more
Infosys Mechanical Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹12.5 L/yr 200% more
Amazon Mechanical Engineer Salary 0 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹5 L/yr 18% more
Wipro Mechanical Engineer Salary 0 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 75% more
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ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 33% more
IBM Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹12 L/yr 202% more
Cognizant Mechanical Engineer Salary Fresher (4 salaries)	₹3.8 L/yr - ₹4.4 L/yr 61% more
Deloitte Mechanical Engineer Salary 0 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 276% more
Infosys BPM Mechanical Engineer Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 37% more
HDFC Bank Mechanical Engineer Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 30% more

Mechanical Engineer salary at Modern Tooling Solution ranges between ₹1.5 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Tooling Solution.

Experience wise Modern Tooling Solution Mechanical Engineer salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Modern Tooling Solution

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Modern Tooling Solution Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Modern Tooling Solution?

Mechanical Engineer salary at Modern Tooling Solution in India ranges between ₹1.5 Lakhs to ₹3.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 48% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Modern Tooling Solution India.

How does the salary of a Mechanical Engineer at Modern Tooling Solution India compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Modern Tooling Solution is 48% 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 Tooling Solution to a Mechanical Engineer in India?

Deloitte Mechanical Engineer Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
IBM Mechanical Engineer Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Infosys Mechanical Engineer Salary - ₹2.2 Lakhs to ₹12.5 Lakhs per year
TCS Mechanical Engineer Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Capgemini Mechanical Engineer Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Modern Tooling Solution in India?

Accenture Mechanical Engineer Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
Reliance Industries Mechanical Engineer Salary - ₹1.5 Lakhs to ₹10.5 Lakhs per year
HCLTech Mechanical Engineer Salary - ₹2.2 Lakhs to ₹9.7 Lakhs per year
Larsen & Toubro Limited Mechanical Engineer Salary - ₹1.1 Lakhs to ₹10.0 Lakhs per year
LTIMindtree Mechanical Engineer Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Modern Tooling Solution in India?

The estimated take-home salary of a Mechanical Engineer at Modern Tooling Solution ranges between ₹16,442 per month to ₹18,134 per month in India. The take-home salary calculation is based on the average Modern Tooling Solution Mechanical Engineer salary in India which ranges between ₹1.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Modern Tooling Solution?

According to AmbitionBox, 100% of the Modern Tooling Solution Mechanical Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Modern Tooling Solution Mechanical Engineer Salaries

Modern Tooling Solution Mechanical Engineer salary in India ranges between ₹1.5 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Modern Tooling Solution latest salaries received from various employees of Modern Tooling Solution.