Steelco Gujarat Mechanical Engineer Salaries by 7 Employees

2 - 10 years exp.

₹3.1 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 10 years of experience

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Last Updated: 31 May 2024

Companies similar to Steelco Gujarat for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (362 salaries)	₹1.2 L/yr - ₹9.1 L/yr 33% more
JSW Steel Mechanical Engineer Salary 0 - 14 years exp. (194 salaries)	₹1.7 L/yr - ₹10.1 L/yr 62% more
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ArcelorMittal Nippon Steel Mechanical Engineer Salary 0 - 7 years exp. (113 salaries)	₹1.5 L/yr - ₹8 L/yr 29% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 12 years exp. (91 salaries)	₹1.8 L/yr - ₹7 L/yr 32% more	1 job opening
SHYAM METALICS AND ENERGY Mechanical Engineer Salary 2 - 6 years exp. (71 salaries)	₹2 L/yr - ₹6 L/yr 8% more
Viraj Profiles Mechanical Engineer Salary 2 - 6 years exp. (49 salaries)	₹2.2 L/yr - ₹5.3 L/yr At par
Jindal Stainless Mechanical Engineer Salary 2 - 12 years exp. (47 salaries)	₹2.5 L/yr - ₹8 L/yr 52% more
Jai Balaji Group Mechanical Engineer Salary 2 - 8 years exp. (43 salaries)	₹1.8 L/yr - ₹6.1 L/yr 10% more
Jindal Saw Mechanical Engineer Salary 0 - 12 years exp. (35 salaries)	₹2 L/yr - ₹8.5 L/yr 11% more
Ratnamani Metals and Tubes Mechanical Engineer Salary 1 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹4.6 L/yr 3% more
Kalika Steel Alloys Mechanical Engineer Salary 0 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹4 L/yr 10% less
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Usha Martin Mechanical Engineer Salary 2 - 10 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 25% more
JSW Group Mechanical Engineer Salary 0 - 9 years exp. (14 salaries)	₹2.1 L/yr - ₹4.8 L/yr 32% more
ArcelorMittal Mechanical Engineer Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹6 L/yr 6% more
Kalyani Forge Mechanical Engineer Salary 0 - 6 years exp. (9 salaries)	₹1.5 L/yr - ₹3.9 L/yr 15% less
NELCAST Mechanical Engineer Salary 0 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4.3 L/yr 11% more
Vardhman Special Steels Mechanical Engineer Salary 5 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6.8 L/yr 39% more
Patton International Mechanical Engineer Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 7% less
Supershakti Metaliks Mechanical Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹4.1 L/yr 2% less
Tata Sponge Iron Mechanical Engineer Salary 3 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹7.5 L/yr 58% more

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Mechanical Engineer salary at Steelco Gujarat ranges between ₹3.1 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Steelco Gujarat.

Experience wise Steelco Gujarat Mechanical Engineer salaries

Last Updated: 31 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Steelco Gujarat

Senior Engineer Salary

(5 salaries)

₹4.1 L/yr - ₹4.4 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Executive Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

Junior Engineer Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Mechanical Maintenance Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹9 L/yr

Shift Incharge Salary

(4 salaries)

₹2.2 L/yr - ₹8 L/yr

Salary related reviews for Steelco Gujarat

Managing Director in Vadodara

Full Time

Strategic & Top Management Department

5.0

• posted on 07 Sep 2018

5.0

for Salary and Benefits

Likes

Freedom of working and no interference of board or management for any activity. People are too good to work with and New adoption of technology they accept without any dirth of fear...

Salary - Excellent

+6 more

Dislikes

Decision for certain viable projects is too slow which finally making impact to busienss growth... and competitors take those advantage

Sales

Sales Department

1.0

• posted on 17 Sep 2019

1.0

for Salary and Benefits

Likes

To be very honest, there is nothing good about working here. Management has bo vision about running the company which leads to suffering of everyone down the line. Poor leadership has resulted into failure of company.

Dislikes

At present it does not have its own working capital, hence you have to depend upon 3rd party to infuse working capital into the company per month. Due to which salaries are also affected - more than 3 months salary is pending.

Salary - Bad

+4 more

Company Secretary in Palej, Bharuch

Finance & Accounting Department

1.0

• posted on 07 Aug 2020

1.0

for Salary and Benefits

Likes

None support from Company .... I have joined Steelco in August, 2019 and left the December, 2019 without receiving single rupees from there and still awaiting the same...

Dislikes

Timely Salary & false commitment by management

Salary - Bad

+6 more

Deputy Manager-Electrical in Vadodara

Project & Program Management Department

5.0

• posted on 06 Nov 2017

5.0

for Salary and Benefits

Likes

i like very challenging job in steel-co Gujarat ltd and all about very excellent as careers growth,technical training, working environment,innovation,appreciation,all about very good.

Salary - Excellent

+6 more

Dislikes

nothing else

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Steelco Gujarat Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Steelco Gujarat ?

The average salary of a Mechanical Engineer at Steelco Gujarat in India typically ranges from ₹3.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Mechanical Engineer at Steelco Gujarat earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Mechanical Engineer Salaries at Steelco Gujarat 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 7 Steelco Gujarat employees in India.

What is the estimated take home salary of a Mechanical Engineer at Steelco Gujarat in India?

The estimated take-home salary of a Mechanical Engineer at Steelco Gujarat in India typically ranges from ₹24,452 to ₹25,899 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 2 years to 10 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 7 salaries received from various employees of Steelco Gujarat. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Steelco Gujarat for Mechanical Engineer in India?

JSW Steel	₹1.7 Lakhs to ₹10.1 Lakhs per year
Jindal Group Of Companies	₹3.0 Lakhs to ₹9.2 Lakhs per year
Tata Sponge Iron	₹4.3 Lakhs to ₹7.5 Lakhs per year
Jindal Stainless	₹2.5 Lakhs to ₹8.0 Lakhs per year
JFE Shoji Steel	₹3.6 Lakhs to ₹6.2 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Steelco Gujarat in India?

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

Vardhman Special Steels	₹3.0 Lakhs to ₹6.8 Lakhs per year
Tata Steel	₹1.2 Lakhs to ₹9.1 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.

How the salary growth look like for a Mechanical Engineer at Steelco Gujarat in India?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹3.6 Lakhs per year
4 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
5 years	₹1.4 Lakhs to ₹3.6 Lakhs per year

and so on.

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Steelco Gujarat Mechanical Engineer Salaries

Steelco Gujarat Mechanical Engineer salary in India ranges between ₹3.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Steelco Gujarat latest salaries received from various employees of Steelco Gujarat.