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Product Company Mechanical Engineer salaries in India

Annual salary range
1 - 5 years exp.
₹1.8 Lakh - ₹3.2 Lakhs
Salary of majority employees
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50% less than the average Mechanical Engineer Salary for 1 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
1 - 5 years exp. (3 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

Research & Development
Mechanical Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.5 L/yr

Last Updated: 28 Dec 2023

Companies similar to Product Company for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹9.5 L/yr

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Reliance Industries Mechanical Engineer Salary

1 - 10 years exp. (509 salaries)

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₹1.7 L/yr - ₹9.9 L/yr

arrow icon 160% more
1 job opening
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HCLTech Mechanical Engineer Salary

1 - 6 years exp. (85 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 147% more
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TCS Mechanical Engineer Salary

1 - 9 years exp. (63 salaries)

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₹3 L/yr - ₹9.7 L/yr

arrow icon 183% more
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Tech Mahindra Mechanical Engineer Salary

1 - 7 years exp. (45 salaries)

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₹2 L/yr - ₹7.8 L/yr

arrow icon 100% more
2 job openings
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Accenture Mechanical Engineer Salary

0 - 8 years exp. (17 salaries)

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₹2.4 L/yr - ₹10.5 L/yr

arrow icon 167% more
7 job openings
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Capgemini Mechanical Engineer Salary

1 - 7 years exp. (17 salaries)

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₹3.5 L/yr - ₹8.9 L/yr

arrow icon 129% more
1 job opening
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LTIMindtree Mechanical Engineer Salary

2 - 6 years exp. (13 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 93% more
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Amazon Mechanical Engineer Salary

0 - 4 years exp. (6 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 22% more
1 job opening
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IBM Mechanical Engineer Salary

1 - 5 years exp. (5 salaries)

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₹6.1 L/yr - ₹16 L/yr

arrow icon 555% more
1 job opening
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ICICI Bank Mechanical Engineer Salary

0 - 3 years exp. (4 salaries)

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₹2.6 L/yr - ₹4 L/yr

arrow icon 35% more
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Infosys Mechanical Engineer Salary

0 - 5 years exp. (4 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 79% more
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Wipro Mechanical Engineer Salary

0 - 1 year exp. (4 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 74% more
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Deloitte Mechanical Engineer Salary

0 - 7 years exp. (4 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 283% more
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Infosys BPM Mechanical Engineer Salary

0 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 39% more
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HDFC Bank Mechanical Engineer Salary

4 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 32% more
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Cognizant Mechanical Engineer Salary

1 year exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 39% more
Mechanical Engineer salary at Product Company ranges between ₹1.8 Lakh to ₹3.2 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 Product Company.

Latest annual salaries shared by Product Company Mechanical Engineer

1y ago
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4 years exp.
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1 year exp.
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2 years exp.
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5 years exp.

Experience wise Product Company Mechanical Engineer salaries

Last Updated: 28 Dec 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹3.2 L/yr

Similar Designation salaries in Product Company

Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2 L/yr - ₹34.5 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹3 L/yr - ₹5 L/yr
Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹20.3 L/yr - ₹25.9 L/yr
Site Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3.2 L/yr
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₹2.1 L/yr - ₹4.8 L/yr
Technician Salary
(4 salaries)
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₹1.8 L/yr - ₹2.9 L/yr

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Product Company Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Product Company ?
The average salary of a Mechanical Engineer at Product Company in India typically ranges from ₹1.8 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Mechanical Engineer at Product Company earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Mechanical Engineer Salaries at Product Company 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 Product Company employees in India.
What is the estimated take home salary of a Mechanical Engineer at Product Company in India?
The estimated take-home salary of a Mechanical Engineer at Product Company in India typically ranges from ₹16,142 to ₹17,808 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Product Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Product Company for Mechanical Engineer in India?
IBM ₹6.1 Lakhs to ₹16.0 Lakhs per year
Deloitte ₹7.5 Lakhs to ₹12.0 Lakhs per year
TCS ₹3.0 Lakhs to ₹9.7 Lakhs per year
Accenture ₹2.4 Lakhs to ₹10.5 Lakhs per year
Reliance Industries ₹1.7 Lakhs to ₹9.9 Lakhs per year

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

Larsen & Toubro Limited ₹1.8 Lakhs to ₹9.5 Lakhs per year
HCLTech ₹2.2 Lakhs to ₹10.0 Lakhs per year
Capgemini ₹3.5 Lakhs to ₹8.9 Lakhs per year
Tech Mahindra ₹2.0 Lakhs to ₹7.8 Lakhs per year
LTIMindtree ₹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 Mechanical Engineer at Product Company in India?
The salary growth for a Mechanical Engineer at Product Company depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Product Company:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹4.1 Lakhs per year
2 years ₹2.1 Lakhs to ₹4.1 Lakhs per year
3 years ₹2.1 Lakhs to ₹2.6 Lakhs per year
4 years ₹0.9 Lakhs to ₹2.5 Lakhs per year
and so on.

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Product Company Mechanical Engineer salary in India ranges between ₹1.8 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Product Company latest salaries received from various employees of Product Company.