Spark Minda Diploma Mechanical Engineer Salaries by 4 Employees

2 - 17 years exp.

₹2.2 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Diploma Mechanical Engineer Salary in Auto Components Companies for 2 - 17 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Research & Development Diploma Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 7 Nov 2023

Companies similar to Spark Minda for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
NBC Bearings Diploma Mechanical Engineer Salary 2 - 8 years exp. (106 salaries)	₹1.7 L/yr - ₹4.2 L/yr 12% more
Subros Diploma Mechanical Engineer Salary 0 - 3 years exp. (57 salaries)	₹1.2 L/yr - ₹2.5 L/yr 35% less
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JBM Group Diploma Mechanical Engineer Salary 0 - 5 years exp. (48 salaries)	₹1.2 L/yr - ₹4.5 L/yr 16% less
JTEKT Diploma Mechanical Engineer Salary 0 - 5 years exp. (41 salaries)	₹1.2 L/yr - ₹3.7 L/yr 22% less
Schaeffler India Diploma Mechanical Engineer Salary 1 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹4.2 L/yr 13% less
Wheels Diploma Mechanical Engineer Salary 0 - 6 years exp. (30 salaries)	₹1.3 L/yr - ₹4 L/yr 23% less
SKF Diploma Mechanical Engineer Salary 1 - 6 years exp. (26 salaries)	₹1.5 L/yr - ₹3 L/yr 28% less
Sona Comstar Diploma Mechanical Engineer Salary 0 - 6 years exp. (26 salaries)	₹1.5 L/yr - ₹3 L/yr 18% less
Bharat Forge Diploma Mechanical Engineer Salary 0 - 4 years exp. (24 salaries)	₹1.2 L/yr - ₹3 L/yr 25% less
TVS Sundram Fasteners Diploma Mechanical Engineer Salary 1 - 8 years exp. (20 salaries)	₹1.1 L/yr - ₹4 L/yr 19% less
L.G.Balakrishnan & Bros Diploma Mechanical Engineer Salary 1 - 8 years exp. (16 salaries)	₹1.5 L/yr - ₹4 L/yr 27% less
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CIE Automotive Diploma Mechanical Engineer Salary 0 - 7 years exp. (15 salaries)	₹1.8 L/yr - ₹3 L/yr 21% less
Endurance Technologies Diploma Mechanical Engineer Salary 1 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.2 L/yr 16% less
Sundaram Clayton Diploma Mechanical Engineer Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 17% less
Magna International Diploma Mechanical Engineer Salary 1 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.4 L/yr 10% less
Steel Strips Wheels Diploma Mechanical Engineer Salary 1 - 4 years exp. (8 salaries)	₹0.2 L/yr - ₹2.4 L/yr 29% less
Asahi India Glass Diploma Mechanical Engineer Salary 0 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹2.8 L/yr 29% less
Gabriel India Diploma Mechanical Engineer Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹3.9 L/yr 4% less
Rico Auto Industries Diploma Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹3.3 L/yr At par
Imperial Auto Industries Diploma Mechanical Engineer Salary 2 - 9 years exp. (7 salaries)	₹2.1 L/yr - ₹5.3 L/yr 19% more

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Diploma Mechanical Engineer salary at Spark Minda ranges between ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Spark Minda.

Experience wise Spark Minda Diploma Mechanical Engineer salaries

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
15+ years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

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Senior Engineer Salary

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(144 salaries)

₹1.1 L/yr - ₹5.5 L/yr

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Assistant Engineer Salary

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₹1.8 L/yr - ₹3.1 L/yr

Salary related reviews for Spark Minda

3.0

Rated by 1 employees for salary & benefits

Maintenance Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 20 Nov 2024

2.0

for Salary and Benefits

Likes

1. System design for better improvement. 2. Great opportunity to proof yourself in short terms.

Dislikes

1. Late duty culture. 2. Toxic behaviour. 3. Contractual salary is less. 4. Employee valuation is not matter

Salary - Poor

+6 more

Production Engineer in Greater Noida

Production Department

4.0

• posted on 15 Aug 2018

3.0

for Salary and Benefits

Likes

I am working in minda corporation Ltd from above one year. Company has good learning invironment but salary and company working policies are not as good as required for comfort working.

Skill development - Excellent

+4 more

Dislikes

Job security and salary.

Lead Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 10 Feb 2025

3.0

for Salary and Benefits

Likes

Indian ambitious product based company

Dislikes

poor manager, resources, employee policy strict timing poor attrndance app risking the salary loss unplanned company holidays lack of tools does not understand software devlopment business

Skill development - Poor

+3 more

Senior HR Executive in Pune

Full Time

Human Resources Department

4.0

• posted on 28 May 2024

3.0

for Salary and Benefits

Likes

Other unites of minda is inspiring to work in exact unit location , because whole spark minda group is not bad but the wiring harness culture not that much good I have to start my career and I had learn so many things from minda

Work-life balance - Good

Dislikes

Salary were so so low No appreciation No promotion No good culture

General Manager in Noida

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 24 Sep 2024

3.0

for Salary and Benefits

Likes

Creation of culture with respect to emerging market. Behavior of promotors with the employees, Location of office, opportunities within the group. Different events organized by HR

Skill development - Good

+2 more

Dislikes

Organization structure and manpower approval for down the line structure. Salary breakup which leads to more income tax. Some policies e.g. OYOC, Local Conveyance, Travel inland etc.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Spark Minda Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Spark Minda ?

The average salary of a Diploma Mechanical Engineer at Spark Minda in India typically ranges from ₹2.2 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Diploma Mechanical Engineer at Spark Minda earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Diploma Mechanical Engineer Salaries at Spark Minda 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 Spark Minda employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Spark Minda in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Spark Minda in India typically ranges from ₹19,892 to ₹21,556 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 17 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 Spark Minda. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spark Minda for Diploma Mechanical Engineer in India?

Imperial Auto Industries	₹2.1 Lakhs to ₹5.3 Lakhs per year
NBC Bearings	₹1.7 Lakhs to ₹4.2 Lakhs per year
Lumax Industries	₹2.1 Lakhs to ₹3.0 Lakhs per year
Balkrishna Industries	₹2.2 Lakhs to ₹3.5 Lakhs per year
Rico Auto Industries	₹2.4 Lakhs to ₹3.3 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to Spark Minda in India?

The salary of a Diploma Mechanical Engineer at companies similar to Spark Minda in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gabriel India	₹2.5 Lakhs to ₹3.9 Lakhs per year
Magna International	₹1.8 Lakhs to ₹3.4 Lakhs per year
Schaeffler India	₹1.1 Lakhs to ₹4.2 Lakhs per year
Endurance Technologies	₹1.8 Lakhs to ₹3.2 Lakhs per year
JBM Group	₹1.2 Lakhs to ₹4.5 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.

How the salary growth look like for a Diploma Mechanical Engineer at Spark Minda in India?

The salary growth for a Diploma Mechanical Engineer at Spark Minda depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at Spark Minda:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
15 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Spark Minda Diploma Mechanical Engineer Salaries

Spark Minda Diploma Mechanical Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spark Minda latest salaries received from various employees of Spark Minda.