Modtech Machines Mechanical Design and Development Engineer Salaries by 4 Employees

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₹2.9 Lakhs - ₹2.9 Lakhs

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Avg. annual salary

Monthly In-hand Salary

36% less than the average Mechanical Design and Development Engineer Salary in Industrial Machinery Companies for 1 year of experience

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Last Updated: 29 Jul 2023

Companies similar to Modtech Machines for Mechanical Design and Development Engineer

Company name	Avg Annual Salary	Open Jobs
Marine Electricals Mechanical Design and Development Engineer Salary 1 - 4 years exp. (7 salaries)	₹2.1 L/yr - ₹3 L/yr 18% less
Exponent Energy Mechanical Design and Development Engineer Salary 5 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 242% more
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Cs Components Mechanical Design and Development Engineer Salary 2 - 3 years exp. (5 salaries)	₹4.4 L/yr - ₹4.4 L/yr 54% more
Spectooling Mechanical Design and Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹4.1 L/yr - ₹5.5 L/yr 60% more
Yield Engineering Systems Mechanical Design and Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr 232% more

Mechanical Design and Development Engineer salary at Modtech Machines ranges between ₹2.9 Lakhs to ₹2.9 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Modtech Machines.

Experience wise Modtech Machines Mechanical Design and Development Engineer salaries

Last Updated: 29 Jul 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.9 L/yr - ₹2.9 L/yr
Login to view exact salary

Similar Designation salaries in Modtech Machines

Senior Design Engineer Salary

(7 salaries)

₹5.6 L/yr - ₹8.4 L/yr

Senior Mechanical Design Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Design Engineer Salary

(13 salaries)

₹2 L/yr - ₹5 L/yr

Electrical Engineer Salary

(3 salaries)

₹1.9 L/yr - ₹2.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Modtech Machines

Jr. Machine Design Engineer in Ahmedabad

Full Time

Research & Development Department

4.0

• posted on 29 Jul 2024

3.0

for Salary and Benefits

Likes

In Design Engineer department, management is quite supportive. Free from toxic work culture. No Micro-management. Good for freshers.

Job security - Good

+2 more

Dislikes

Lesser learning opportunities. Lacks proper technical skills and knowledge.

Skill development - Poor

+1 more

Head Of Business - Automation Robotics Design in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 18 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Dishonest Management, Turns away from their promises & commitments made during interviews & provided in offer letter. be careful to observe difference between offer letter, joining letter & confirmation letter. fraud system.

Salary - Poor

+5 more

Assembly Technision in Ahmedabad

Marketing & Communication Department

5.0

• posted on 05 Feb 2019

5.0

for Salary and Benefits

Likes

When I was fresher at that time I learned many more things. And I had a good expirience by that company . Company employs it's very good support me .I learned many thing by team work.

Salary - Excellent

+4 more

Dislikes

Many time I had worked long time so that time I have not felt comfortable.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Modtech Machines Mechanical Design and Development Engineer Salary FAQs

What is the salary of Mechanical Design and Development Engineer at Modtech Machines ?

The average salary of a Mechanical Design and Development Engineer at Modtech Machines in India typically ranges from ₹2.9 Lakhs to ₹2.9 Lakhs per year, depending on experience (from 1 year to 1 year).

The top 10% of Mechanical Design and Development Engineer at Modtech Machines earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. Mechanical Design and Development Engineer Salaries at Modtech Machines 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 Modtech Machines employees in India.

What is the estimated take home salary of a Mechanical Design and Development Engineer at Modtech Machines in India?

The estimated take-home salary of a Mechanical Design and Development Engineer at Modtech Machines in India typically ranges from ₹20,414 to ₹22,071 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹2.9 Lakhs per year for employees with experience ranging from 1 year to 1 year.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 Modtech Machines. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Modtech Machines for Mechanical Design and Development Engineer in India?

Exponent Energy	₹8.0 Lakhs to ₹15.0 Lakhs per year
Yield Engineering Systems	₹8.0 Lakhs to ₹14.0 Lakhs per year
Spectooling	₹4.1 Lakhs to ₹5.5 Lakhs per year
Cs Components	₹4.4 Lakhs to ₹4.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Modtech Machines, depending on the role and experience level.

What is the salary of a Mechanical Design and Development Engineer in companies similar to Modtech Machines in India?

The salary of a Mechanical Design and Development Engineer at companies similar to Modtech Machines in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marine Electricals

₹2.1 Lakhs to ₹3.0 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 Mechanical Design and Development Engineer at Modtech Machines in India?

The salary growth for a Mechanical Design and Development Engineer at Modtech Machines depends on factors such as experience, performance, and promotions. On average, a Mechanical Design and Development Engineer can expect the following growth trajectory at Modtech Machines:

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹2.9 Lakhs per year

and so on.

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Modtech Machines Mechanical Design and Development Engineer Salaries

Modtech Machines Mechanical Design and Development Engineer salary in India ranges between ₹2.9 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Modtech Machines latest salaries received from various employees of Modtech Machines.

Modtech Machines Mechanical Design and Development Engineer salaries in India

Companies similar to Modtech Machines for Mechanical Design and Development Engineer

Latest annual salaries shared by Modtech Machines Mechanical Design and Development Engineer

Experience wise Modtech Machines Mechanical Design and Development Engineer salaries

Similar Designation salaries in Modtech Machines

Salary related reviews for Modtech Machines

Jr. Machine Design Engineer in Ahmedabad

Head Of Business - Automation Robotics Design in Bangalore / Bengaluru

Assembly Technision in Ahmedabad

Modtech Machines Mechanical Design and Development Engineer Salary FAQs

Tell us how to improve this page.