Shyam Steel Industries Diploma Mechanical Engineer Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹1.2 Lakh - ₹1.5 Lakh

Salary of majority employees

50% less than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 1 - 4 years of experience

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Last Updated: 27 Feb 2025

Companies similar to Shyam Steel Industries for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Diploma Mechanical Engineer Salary 0 - 6 years exp. (49 salaries)	₹1.2 L/yr - ₹6.5 L/yr 140% more
JSW Steel Diploma Mechanical Engineer Salary 0 - 5 years exp. (38 salaries)	₹2 L/yr - ₹4.3 L/yr 153% more
Login to view exact salary
Steel Authority Of India Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹1 L/yr - ₹6 L/yr 233% more
Jindal Steel and Power Diploma Mechanical Engineer Salary 0 - 3 years exp. (30 salaries)	₹1.4 L/yr - ₹6 L/yr 190% more
ArcelorMittal Nippon Steel Diploma Mechanical Engineer Salary 0 - 5 years exp. (41 salaries)	₹1.5 L/yr - ₹5.5 L/yr 130% more
Bhushan Power & Steel Diploma Mechanical Engineer Salary 6 - 9 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 119% more
Vedanta Resources Diploma Mechanical Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 100% more
Vizag Steel Diploma Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.4 L/yr 49% more
ESL Steel Diploma Mechanical Engineer Salary 3 - 18 years exp. (4 salaries)	₹1.9 L/yr - ₹8.7 L/yr 322% more
Rimjhim Ispat Diploma Mechanical Engineer Salary 2 - 6 years exp. (7 salaries)	₹1.1 L/yr - ₹4.2 L/yr 108% more
Viraj Profiles Diploma Mechanical Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 104% more
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Jindal Stainless Diploma Mechanical Engineer Salary 3 - 7 years exp. (7 salaries)	₹2.5 L/yr - ₹4.2 L/yr 146% more
Jindal Saw Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3.4 L/yr 146% more
Jai Balaji Group Diploma Mechanical Engineer Salary 5 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 97% more
SHYAM METALICS AND ENERGY Diploma Mechanical Engineer Salary 0 - 16 years exp. (4 salaries)	₹2.3 L/yr - ₹7 L/yr 217% more
JSW Group Diploma Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 107% more
Jindal Industries Private Limited Diploma Mechanical Engineer Salary 0 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹13 L/yr 395% more
Sanyo Special Steel Manufacturing Diploma Mechanical Engineer Salary 5 - 8 years exp. (3 salaries)	₹2.4 L/yr - ₹4.6 L/yr 92% more

Diploma Mechanical Engineer salary at Shyam Steel Industries ranges between ₹1.2 Lakh to ₹1.5 Lakh per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Shyam Steel Industries.

Experience wise Shyam Steel Industries Diploma Mechanical Engineer salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.3 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.3 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.3 L/yr

Similar Designation salaries in Shyam Steel Industries

Mechanical Engineer Salary

(17 salaries)

₹2.45 L/yr - ₹4.44 L/yr

Electrical Engineer Salary

(10 salaries)

₹2.25 L/yr - ₹4.1 L/yr

Senior Electrical Engineer Salary

(10 salaries)

₹2.75 L/yr - ₹5.21 L/yr

Maintenance Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹3.45 L/yr

Senior Engineer Salary

(24 salaries)

₹3.12 L/yr - ₹6.5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Production Engineer Salary

(3 salaries)

₹2 L/yr - ₹6.5 L/yr

Project Engineer Salary

(5 salaries)

₹4.08 L/yr - ₹4.8 L/yr

Assistant Engineer Salary

(39 salaries)

₹1.7 L/yr - ₹3.6 L/yr

Shift Engineer Salary

(6 salaries)

₹2.45 L/yr - ₹4.3 L/yr

Salary related reviews for Shyam Steel Industries

4.2

Rated by 2 employees for salary & benefits

Junior Engineer in West Bengol Durgapur

Production, Manufacturing & Engineering Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues

Sales And Strategy Manager in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 24 Dec 2024

3.0

for Salary and Benefits

Likes

Moderate work pressure, proper and timely salary disbursement within 4th of every month.

Work-life balance - Excellent

Dislikes

Work culture is worst, hell for senior level, attrition rate is too high. MD uses slangs, abus s, does not know to respect his employees.

Skill development - Bad

+4 more

Sales Officer in Bhadrak (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 20 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like. Very bad organisation.

Dislikes

...t didn't know how to talk to company officer. The management and HR is very bad. Very poor salary and accommodation zero like .

Salary - Bad

+6 more

Accounts Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Working with Shyam steel has been a great journey so far. Their salary is on time and you get payslips on time. Yearly bonus and calendar holidays.

Salary - Excellent

+2 more

Dislikes

Well since I have been working for a US market I think we should get the US holidays

Marketing Manager in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 06 Dec 2024

3.0

for Salary and Benefits

Likes

Timely Salary, Job security in Project Division, Yearly increment,Nice place to learn, No target in Project Marketing Division

Job security - Good

+1 more

Dislikes

Didn't have any concept of promotion, Senior will involve you in unnecessary work, baisedness of management towards senior level manager

Skill development - Poor

+1 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Shyam Steel Industries Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Shyam Steel Industries?

Diploma Mechanical Engineer salary at Shyam Steel Industries in India ranges between ₹1.2 Lakhs to ₹1.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 50% less than the average Diploma Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shyam Steel Industries India.

How does the salary of a Diploma Mechanical Engineer at Shyam Steel Industries India compare with the average salary range for this job?

The average salary of a Diploma Mechanical Engineer at Shyam Steel Industries is 50% less than the average salary of a Diploma Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shyam Steel Industries to a Diploma Mechanical Engineer in India?

Jindal Industries Private Limited Diploma Mechanical Engineer Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year
ESL Steel Diploma Mechanical Engineer Salary - ₹1.9 Lakhs to ₹8.7 Lakhs per year
Steel Authority Of India Diploma Mechanical Engineer Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
SHYAM METALICS AND ENERGY Diploma Mechanical Engineer Salary - ₹2.3 Lakhs to ₹7.0 Lakhs per year
Jindal Steel and Power Diploma Mechanical Engineer Salary - ₹1.4 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Diploma Mechanical Engineer in companies similar to Shyam Steel Industries in India?

JSW Steel Diploma Mechanical Engineer Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year
Jindal Stainless Diploma Mechanical Engineer Salary - ₹2.5 Lakhs to ₹4.2 Lakhs per year
Jindal Saw Diploma Mechanical Engineer Salary - ₹2.5 Lakhs to ₹3.4 Lakhs per year
Tata Steel Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
ArcelorMittal Nippon Steel Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Diploma Mechanical Engineer at Shyam Steel Industries in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Shyam Steel Industries ranges between ₹8,717 per month to ₹9,687 per month in India. The take-home salary calculation is based on the average Shyam Steel Industries Diploma Mechanical Engineer salary in India which ranges between ₹1.2 Lakhs to ₹1.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Diploma Mechanical Engineer at Shyam Steel Industries?

According to AmbitionBox, 100% of the Shyam Steel Industries Diploma Mechanical Engineers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Shyam Steel Industries Diploma Mechanical Engineer Salaries

Shyam Steel Industries Diploma Mechanical Engineer salary in India ranges between ₹1.2 Lakh to ₹1.5 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Shyam Steel Industries latest salaries received from various employees of Shyam Steel Industries.