NewSpace Research and Technologies Mechanical Engineer Salaries by Employees (Updated 2024)

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₹4.3 Lakhs - ₹5.5 Lakhs

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Last Updated: 3 Dec 2024

Companies similar to NewSpace Research and Technologies for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Skyroot Aerospace Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹5 L/yr - ₹14.5 L/yr 65% more	1 job opening
Dhruva Space Mechanical Engineer Salary 7 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 69% more
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Magneti Marelli Motherson Auto System Mechanical Engineer Salary 0 - 4 years exp. (8 salaries)	₹1.4 L/yr - ₹2.2 L/yr 61% less
GAMMON INDIA Mechanical Engineer Salary 1 - 9 years exp. (6 salaries)	₹2.1 L/yr - ₹5.4 L/yr 22% less
Patil Group Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.6 L/yr - ₹3.3 L/yr 42% less
Hi-Tech Mechanical Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 42% less
Balaji Enterprises Mechanical Engineer Salary 6 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹3.6 L/yr 33% less

Mechanical Engineer salary at NewSpace Research and Technologies ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of NewSpace Research and Technologies.

Similar Designation salaries in NewSpace Research and Technologies

Senior Engineer Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Project Engineer Salary

(6 salaries)

₹4.4 L/yr - ₹8 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Technician Salary

(3 salaries)

₹3.5 L/yr - ₹4 L/yr

Salary related reviews for NewSpace Research and Technologies

Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 May 2023

1.0

for Salary and Benefits

Likes

...d everything. NewSpace is a bubble just waiting to burst just like a Team Indus. No training whatsoever for skill improvement, don't pay salary on time, have gone for almost 3months without pay. Last year arrears are still not paid. HR keep giving increment to themselves. Aerospace systems is just selling the dream without knowhow of how to execute.

Dislikes

It's a bubble just waiting to be burst. No respect to the employees, manager shouting on teammates on the floor. HR ignoring employees and forget them after hiring. They don't give relieving letter event after weeks of leaving. They don't pay your pf and tax that is deducted from your salary.

Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

The projects we get to work on are interesting.

Dislikes

The company culture is poor, there are no events conducted by the company. No incentives given to the employees. The appraisal process is delayed. The appraisal percentage is very less even after getting good performance review.

Company Secretary Cum Manager Legal in Bangalore / Bengaluru

Full Time

Legal & Regulatory Department

1.0

• posted on 21 Sep 2023

1.0

for Salary and Benefits

Likes

I had two rounds of interview and both the interviewers were very professional and casual during the interactions.

Dislikes

I got selected for the last and final round with the Founder, but it seems that the person is occupied with work and therefore HR team has no update on the interview schedule since 17th August, 2023. Nor do they provide clarity on road ahead. If the Company had doubts should have raised it in the initial rounds itself.

Senior Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 15 May 2024

1.0

for Salary and Benefits

Likes

5% of the people are actually good.

Dislikes

The HR team specially, the likes of names: Cletus and Bhavana are absolutely pathetic in the way they lie and treat people. HR at Newspace is nothing short of a scam department that makes sure to make the life of employees hell.

Associate Vice President in Bangalore / Bengaluru

Full Time

Strategic & Top Management Department

5.0

• posted on 29 Aug 2023

5.0

for Salary and Benefits

Likes

It's a company committed to the cause of our nation and working for Indian Armed Forces. Walking the path of Aatmanirbhar Bharat Abhiyaan and equipping th e nation with niche and futuristic technologies, equipment and solutions.

Dislikes

It's a great place to work

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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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NewSpace Research and Technologies Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at NewSpace Research and Technologies?

According to AmbitionBox, 100% of the NewSpace Research and Technologies 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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NewSpace Research and Technologies Mechanical Engineer Salaries

NewSpace Research and Technologies Mechanical Engineer salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs. This is an estimate based on latest salaries received from employees of NewSpace Research and Technologies.