MTM Ship Management Senior Mechanical Design Engineer salaries in India

The average salary of a Senior Mechanical Design Engineer at MTM Ship Management in India typically ranges from ₹6.0 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Senior Mechanical Design Engineer at MTM Ship Management earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Senior Mechanical Design Engineer Salaries at MTM Ship Management 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 MTM Ship Management employees in India.

The estimated take-home salary of a Senior Mechanical Design Engineer at MTM Ship Management in India typically ranges from ₹52,726 to ₹53,968 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 10 years to 13 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 MTM Ship Management. Check how we calculate in-hand salary with our in-hand salary calculator.

Bombardier Transportation	₹8.5 Lakhs to ₹10.5 Lakhs per year
L&T Technology Services	₹5.2 Lakhs to ₹10.9 Lakhs per year
Tech Mahindra	₹4.3 Lakhs to ₹12.5 Lakhs per year
HCLTech	₹4.0 Lakhs to ₹11.5 Lakhs per year

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

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

Cyient

₹4.0 Lakhs to ₹7.5 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.

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

Experience	Average Salary Range
10 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
11 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
12 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
13 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.