Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary28% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 6 years of experience
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Companies similar to Shyam Steel Industries for Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 JSW Steel Mechanical Engineer Salary
0 - 14 years exp. (193 salaries) |  ₹1.7 L/yr - ₹9.9 L/yr 
62%
more | |
 ArcelorMittal Nippon Steel Mechanical Engineer Salary
0 - 7 years exp. (113 salaries) | ₹1.5 L/yr - ₹8 L/yr
30%
more | |
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| ||
 Jindal Steel and Power Mechanical Engineer Salary
1 - 12 years exp. (91 salaries) | ₹1.8 L/yr - ₹7 L/yr
33%
more | |
 SHYAM METALICS AND ENERGY Mechanical Engineer Salary
2 - 6 years exp. (71 salaries) | ₹2 L/yr - ₹6 L/yr
9%
more | |
 Viraj Profiles Mechanical Engineer Salary
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1%
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 Jindal Stainless Mechanical Engineer Salary
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53%
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 Jai Balaji Group Mechanical Engineer Salary
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11%
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 Electrotherm Mechanical Engineer Salary
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13%
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 Jindal Saw Mechanical Engineer Salary
0 - 12 years exp. (35 salaries) | ₹2 L/yr - ₹8.5 L/yr
18%
more | |
 Sunflag Iron and Steel Mechanical Engineer Salary
3 - 14 years exp. (28 salaries) | ₹2.7 L/yr - ₹6.7 L/yr
42%
more | |
 ESL Steel Mechanical Engineer Salary
4 - 14 years exp. (25 salaries) | ₹3.6 L/yr - ₹9 L/yr
99%
more | |
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| ||
 Slr Metaliks Mechanical Engineer Salary
0 - 10 years exp. (24 salaries) | ₹2.2 L/yr - ₹4.8 L/yr
4%
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 Rashmi Group Mechanical Engineer Salary
1 - 9 years exp. (22 salaries) | ₹2.7 L/yr - ₹4.4 L/yr At par | |
 Hospet Steels Mechanical Engineer Salary
2 - 12 years exp. (14 salaries) | ₹1.3 L/yr - ₹6.4 L/yr
20%
more | |
 JSW Group Mechanical Engineer Salary
0 - 9 years exp. (14 salaries) | ₹2.1 L/yr - ₹4.8 L/yr
33%
more | |
 Jindal Industries Private Limited Mechanical Engineer Salary
0 - 8 years exp. (11 salaries) | ₹1.5 L/yr - ₹3.6 L/yr 
9%
less | |
 Rimjhim Ispat Mechanical Engineer Salary
1 - 6 years exp. (8 salaries) | ₹2 L/yr - ₹3.1 L/yr
10%
less | |
 Vandana Global Mechanical Engineer Salary
0 - 8 years exp. (7 salaries) | ₹2 L/yr - ₹3.6 L/yr
20%
less | |
 Steel Authority Of India Mechanical Engineer Salary
0 - 8 years exp. (7 salaries) | ₹2.1 L/yr - ₹9.8 L/yr
55%
more | |
 Welspun Corp Mechanical Engineer Salary
2 - 11 years exp. (6 salaries) | ₹3.2 L/yr - ₹6 L/yr
21%
more | |
Latest annual salaries shared by Shyam Steel Industries Mechanical Engineer
Experience wise Shyam Steel Industries Mechanical Engineer salaries
Last Updated: 5 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹5
L/yr
|
| 3 years (3 salaries) |
₹2.5
L/yr
- ₹3.3
L/yr
|
Login to view exact salary
| |
| 4 years (8 salaries) |
₹2.7
L/yr
- ₹3.6
L/yr
|
| 5 years (5 salaries) |
₹3
L/yr
- ₹3.7
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4.4
L/yr
|
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Shyam Steel Industries Mechanical Engineer Salary FAQs
The top 10% of Mechanical Engineer at Shyam Steel Industries earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Mechanical Engineer Salaries at Shyam Steel Industries 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 10+ Shyam Steel Industries employees in India.
| Emirates Steel Industries | ₹15.0 Lakhs to ₹26.0 Lakhs per year |
| B5 Plus | ₹2.4 Lakhs to ₹18.0 Lakhs per year |
| ESL Steel | ₹3.6 Lakhs to ₹9.0 Lakhs per year |
| JSW Steel | ₹1.7 Lakhs to ₹9.9 Lakhs per year |
| Steel Authority Of India | ₹2.1 Lakhs to ₹9.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Shyam Steel Industries, depending on the role and experience level.
| Jindal Stainless | ₹2.5 Lakhs to ₹8.0 Lakhs per year |
| Sunflag Iron and Steel | ₹2.7 Lakhs to ₹6.7 Lakhs per year |
| Jindal Steel and Power | ₹1.8 Lakhs to ₹7.0 Lakhs per year |
| JSW Group | ₹2.1 Lakhs to ₹4.8 Lakhs per year |
| ArcelorMittal Nippon Steel | ₹1.5 Lakhs to ₹8.0 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.5 Lakhs to ₹5.0 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹3.3 Lakhs per year |
| 4 years | ₹2.7 Lakhs to ₹3.6 Lakhs per year |
| 5 years | ₹3.0 Lakhs to ₹3.7 Lakhs per year |
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Shyam Steel Industries Mechanical Engineer salary
in
India
ranges between ₹2.5
Lakhs to ₹4.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
18
Shyam Steel Industries latest salaries received from various employees of
Shyam Steel Industries.