Thermax Limited Industrial Engineer Salaries by 10+ Employees (Updated 2025)

3 - 10 years exp.

₹3.4 Lakhs - ₹6.5 Lakhs

Salary of majority employees

Fixed (82%)

₹3.9 Lakhs

Variable (18%)

₹0.9 Lakh

5% more than the average Industrial Engineer Salary in Industrial Machinery Companies for 3 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Industrial Engineer Salary 5 - 10 years exp. (5 salaries)	₹4.1 L/yr - ₹6.5 L/yr
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Engineering - Hardware & Networks Industrial Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.4 L/yr - ₹5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Thermax Limited for Industrial Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Industrial Engineer Salary 0 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹14 L/yr 111% more	1 job opening
Larsen & Toubro Limited Industrial Engineer Salary 1 - 3 years exp. (5 salaries)	₹4 L/yr - ₹4.3 L/yr 14% less	1 job opening
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Cummins Industrial Engineer Salary 5 - 14 years exp. (7 salaries)	₹4.7 L/yr - ₹17.4 L/yr 127% more
ABB Industrial Engineer Salary 0 - 10 years exp. (5 salaries)	₹11.5 L/yr - ₹12.2 L/yr 153% more
CG Power and Industrial Solutions Industrial Engineer Salary 6 - 8 years exp. (3 salaries)	₹7.5 L/yr - ₹8.3 L/yr 64% more
Blue Star Industrial Engineer Salary 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹4 L/yr 50% less	1 job opening
Lakshmi Machine Works Industrial Engineer Salary 2 - 7 years exp. (14 salaries)	₹3.1 L/yr - ₹8 L/yr 24% more
John Deere Industrial Engineer Salary 1 - 10 years exp. (11 salaries)	₹4.3 L/yr - ₹17 L/yr 118% more
Atlas Copco Industrial Engineer Salary 2 - 4 years exp. (7 salaries)	₹3 L/yr - ₹11 L/yr 52% more
KSB Limited - Irrigation & Process Division (IPD) Industrial Engineer Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4.7 L/yr 26% less
GKN Industrial Engineer Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 54% less
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Industrial Engineer salary at Thermax Limited ranges between ₹3.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Industrial Engineer salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.6 L/yr
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5 years (5 salaries)	₹4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Thermax Limited

Electrical Engineer Salary

(207 salaries)

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Production Engineer Salary

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₹2.05 L/yr - ₹8 L/yr

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(9 salaries)

₹2.5 L/yr - ₹4.8 L/yr

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₹2 L/yr - ₹8.5 L/yr

Quality Engineer Salary

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₹2.4 L/yr - ₹8 L/yr

Mechanical Engineer Salary

(140 salaries)

₹1.8 L/yr - ₹9.5 L/yr

Junior Engineer Salary

(38 salaries)

₹2.2 L/yr - ₹4.62 L/yr

Senior Engineer Salary

(137 salaries)

₹3.9 L/yr - ₹12 L/yr

Service Engineer Salary

(103 salaries)

₹2 L/yr - ₹8.8 L/yr

Shift Engineer Salary

(69 salaries)

₹2.6 L/yr - ₹8.5 L/yr

Top skills at Thermax Limited for Industrial Engineer

Industrial Engineering Lean Manufacturing Tools Manufacturing Engineering Project Management Estimation Time Study Production Heavy Fabrication Work Measurement Industrial Automation Manufacturing

Salary related reviews for Thermax Limited

3.5

Rated by 3 employees for salary & benefits

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

Assistant Engineer in Sirohi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Oct 2023

1.0

for Salary and Benefits

Likes

I am quite happy to have worked in Thermax, or I have got a lot of experience in Thermax which will make my future better

Skill development - Excellent

+5 more

Dislikes

Salary structure is not goog for thermax engineering, and senior management underestimate our work preformence

Salary - Bad

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Shift Incharge in Karnataka

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 26 Feb 2022

3.0

for Salary and Benefits

Likes

...agement is transperant.There is a huge cafeteria and gaming arcade for chilling.Company policies are good, appraisal are fair and they give time to salary hike and bonus every year.

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management, salary is doesn't decent,

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Thermax Limited Industrial Engineer Salary FAQs

What is the salary of Industrial Engineer at Thermax Limited?

Industrial Engineer salary at Thermax Limited in India ranges between ₹3.4 Lakhs to ₹6.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 5% more than the average Industrial Engineer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Industrial Engineer at Thermax Limited India compare with the average salary range for this job?

The average salary of a Industrial Engineer at Thermax Limited is 5% more than the average salary of a Industrial Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Industrial Engineer at Thermax Limited?

Industrial Engineering, Lean Manufacturing Tools, Manufacturing Engineering, Project Management and Estimation are some of the popular skills required to work as a Industrial Engineer at Thermax Limited India.

Which similar companies are paying more than Thermax Limited to a Industrial Engineer in India?

ABB Industrial Engineer Salary - ₹11.5 Lakhs to ₹12.2 Lakhs per year
Cummins Industrial Engineer Salary - ₹4.7 Lakhs to ₹17.4 Lakhs per year
John Deere Industrial Engineer Salary - ₹4.3 Lakhs to ₹17.0 Lakhs per year
Siemens Industrial Engineer Salary - ₹4.2 Lakhs to ₹14.0 Lakhs per year
CG Power and Industrial Solutions Industrial Engineer Salary - ₹7.5 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Industrial Engineer in companies similar to Thermax Limited in India?

Atlas Copco Industrial Engineer Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
Lakshmi Machine Works Industrial Engineer Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
Larsen & Toubro Limited Industrial Engineer Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD) Industrial Engineer Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
Blue Star Industrial Engineer Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Industrial Engineer at Thermax Limited in India?

The estimated take-home salary of a Industrial Engineer at Thermax Limited ranges between ₹35,585 per month to ₹36,816 per month in India. The take-home salary calculation is based on the average Thermax Limited Industrial Engineer salary in India which ranges between ₹3.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Industrial Engineer at Thermax Limited?

According to AmbitionBox, 57% of the Thermax Limited Industrial Engineers reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Thermax Limited Industrial Engineer Salaries

Thermax Limited Industrial Engineer salary in India ranges between ₹3.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Thermax Limited latest salaries received from various employees of Thermax Limited.