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Monarch Innovation Design Engineer salaries in Ahmedabad (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2.4 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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16% less than the average Design Engineer Salary for 0 - 5 years of experience

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Salaries in different departments

Research & Development
Design Engineer Salary
0 - 5 years exp. (18 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

Production, Manufacturing & Engineering
Design Engineer Salary
0 - 5 years exp. (10 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

Last Updated: 29 Mar 2025

Companies similar to Monarch Innovation for Design Engineer in Ahmedabad

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Monarch Innovation Design Engineer Salary

0 - 5 years exp. (31 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

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Company name Avg Annual Salary Open Jobs
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Electrotherm Design Engineer Salary

1 - 9 years exp. (51 salaries)

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₹2.3 L/yr - ₹8 L/yr

arrow icon 12% more
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₹2 L/yr - ₹7.2 L/yr

arrow icon 7% more
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Inspiron Engineering Design Engineer Salary

1 - 7 years exp. (44 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 10% less
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₹2 L/yr - ₹5 L/yr

arrow icon 3% less
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N K P Pharma Design Engineer Salary

1 - 8 years exp. (30 salaries)

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₹2 L/yr - ₹6.6 L/yr

arrow icon 3% more
Design Engineer salary at Monarch Innovation ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 31 latest salaries received from various employees of Monarch Innovation.

Latest annual salaries shared by Monarch Innovation Design Engineer in Ahmedabad

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Experience wise Monarch Innovation Design Engineer salaries in Ahmedabad

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
1 year  (7 salaries)

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₹2.4 L/yr - ₹5 L/yr
2 years  (7 salaries)

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₹2.5 L/yr - ₹4.3 L/yr
3 years  (5 salaries)

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₹3.2 L/yr - ₹5.5 L/yr
4 years  (5 salaries)

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₹3.5 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Monarch Innovation

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₹1.5 L/yr - ₹5.05 L/yr
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₹5.5 L/yr - ₹8.6 L/yr

Salary related reviews for Monarch Innovation

3.5

Rated by 7 employees for salary & benefits

Full Time

 · 

Research & Development Department

2.0
  •  posted on 17 Feb 2023

2.0
 for  Salary and Benefits

Likes

Having flexible time for work.

Dislikes

Management is very very poor, they are not giving response to employees. No salary increment management keep saying we will do but at the end you will not get any increment and they are not stand with commitment. Very bad HR experience they don't know how to speak politely to employees. Senior TL level full politics. I never recommend any one for this company.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Product Management Department

4.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

People are very good. Founders are humble. If you like innovation, Monarch Innovation Private Limited is an amazing place to work at.

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  • Skill development - Excellent
  • +5 more

Dislikes

Initial salary is less but then the company is investing on new joiners by giving access to expensive softwares, etc. so it's a win win situation.

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Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 15 Feb 2025

4.0
 for  Salary and Benefits

Likes

Seniors are okay, MDs are good. Being mechanical engineer having weekend off culture is good. Sometimes and some people travel abroad regarding their projects.

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  • Salary - Good
  • +6 more

Dislikes

Increment cycle has been delayed since last 2 years instead for March it's been implemented around September.

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 27 Dec 2022

5.0
 for  Salary and Benefits

Likes

Culture and learning is great. Colleagues and management behaviour is also cooperative. It is a great place for learning and skill development. Growth and exposure to different domain is also provided.

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  • Salary - Excellent
  • +6 more

Dislikes

I think there is nothing to dislike because management cares for the employee and provides everything which necessary.

Research & Development Department

5.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

Good working culture, and great opportunities for career growth. Also having a better Work-life balance. The company has a global client base. Re-hiring policy is better for employees.

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  • Skill development - Good
  • +5 more

Dislikes

Fewer paid leaves structure. Global client base, so have to work in night shift as well.

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Monarch Innovation Design Engineer Salary FAQs

What is the salary of Design Engineer at Monarch Innovation in Ahmedabad?
The average salary of a Design Engineer at Monarch Innovation in Ahmedabad typically ranges from ₹2.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Design Engineer in Ahmedabad at Monarch Innovation earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Design Engineer Salaries at Monarch Innovation 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 30+ Monarch Innovation employees in India.
What is the estimated take home salary of a Design Engineer at Monarch Innovation in Ahmedabad?
The estimated take-home salary of a Design Engineer at Monarch Innovation in Ahmedabad typically ranges from ₹29,727 to ₹31,045 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 30+ salaries received from various employees of Monarch Innovation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Monarch Innovation for Design Engineer in India?
Electrotherm ₹2.3 Lakhs to ₹8.0 Lakhs per year
Hitech Digital Solutions ₹2.0 Lakhs to ₹7.2 Lakhs per year
N K P Pharma ₹2.0 Lakhs to ₹6.6 Lakhs per year

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

Hitachi Hi-Rel Power Electronics ₹2.0 Lakhs to ₹5.0 Lakhs per year
Inspiron Engineering ₹2.1 Lakhs to ₹5.0 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 Design Engineer at Monarch Innovation in Ahmedabad?
The salary growth for a Design Engineer at Monarch Innovation in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Ahmedabad can expect the following growth trajectory at Monarch Innovation:

Experience Average Salary Range
Fresher ₹3.1 Lakhs to ₹3.9 Lakhs per year
1 year ₹2.4 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.5 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.2 Lakhs to ₹5.5 Lakhs per year
and so on.

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Monarch Innovation Design Engineer salary in Ahmedabad ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Monarch Innovation latest salaries received from various employees of Monarch Innovation.