Thermax Limited Mechanical Engg. Design Salaries by 30+ Employees

1 - 6 years exp.

₹2 Lakhs - ₹8 Lakhs

Salary of majority employees

Fixed (92%)

₹4.8 Lakhs

Variable (8%)

₹0.4 Lakh

At par with the average Mechanical Engg. Design Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Salaries in different departments

Research & Development Mechanical Engg. Design Salary 1 - 6 years exp. (23 salaries)	₹2 L/yr - ₹8 L/yr
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Production, Manufacturing & Engineering Mechanical Engg. Design Salary 1 - 5 years exp. (9 salaries)	₹3 L/yr - ₹6.5 L/yr

Last Updated: 15 Oct 2024

Companies similar to Thermax Limited for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
ABB Mechanical Engg. Design Salary 2 - 8 years exp. (67 salaries)	₹2.9 L/yr - ₹12 L/yr 30% more	1 job opening
Flowserve Mechanical Engg. Design Salary 4 - 10 years exp. (59 salaries)	₹3.7 L/yr - ₹12 L/yr 57% more
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KONE Mechanical Engg. Design Salary 1 - 6 years exp. (36 salaries)	₹2.8 L/yr - ₹7.2 L/yr 12% less
Atlas Copco Mechanical Engg. Design Salary 1 - 8 years exp. (34 salaries)	₹2.4 L/yr - ₹9.1 L/yr 33% more
Epiroc Mechanical Engg. Design Salary 2 - 6 years exp. (31 salaries)	₹2.9 L/yr - ₹8 L/yr 20% more
Caterpillar Inc Mechanical Engg. Design Salary 0 - 12 years exp. (28 salaries)	₹8.5 L/yr - ₹22.2 L/yr 150% more
Cummins Mechanical Engg. Design Salary 2 - 6 years exp. (27 salaries)	₹2.8 L/yr - ₹9 L/yr 8% less
Lakshmi Machine Works Mechanical Engg. Design Salary 2 - 9 years exp. (18 salaries)	₹2.3 L/yr - ₹7.5 L/yr 13% more
Danfoss Industries Mechanical Engg. Design Salary 2 - 15 years exp. (17 salaries)	₹4.5 L/yr - ₹13.2 L/yr 78% more
Trane Technologies Mechanical Engg. Design Salary 3 - 7 years exp. (16 salaries)	₹5.5 L/yr - ₹13 L/yr 89% more
John Deere Mechanical Engg. Design Salary 1 - 9 years exp. (14 salaries)	₹2.4 L/yr - ₹10.4 L/yr 21% more
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Kirloskar Oil Engines Mechanical Engg. Design Salary 0 - 5 years exp. (13 salaries)	₹1.6 L/yr - ₹5.1 L/yr 48% less
Wipro Infrastructure Engineering Mechanical Engg. Design Salary 0 - 6 years exp. (12 salaries)	₹2.2 L/yr - ₹5.8 L/yr 38% less
Stanley Black & Decker Mechanical Engg. Design Salary 4 - 8 years exp. (12 salaries)	₹5.2 L/yr - ₹15 L/yr 103% more
TechnipFMC Mechanical Engg. Design Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹9.6 L/yr 32% more
Sandvik Mining and Rock Technology Mechanical Engg. Design Salary 2 - 7 years exp. (7 salaries)	₹4 L/yr - ₹11 L/yr 30% more
Timken Mechanical Engg. Design Salary 3 - 7 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 17% more
Thyssenkrupp Industrial Solutions Mechanical Engg. Design Salary 6 - 11 years exp. (4 salaries)	₹10.2 L/yr - ₹12.5 L/yr 120% more
Fuji Electric Mechanical Engg. Design Salary 4 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 23% less

Mechanical Engg. Design salary at Thermax Limited ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 39 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Mechanical Engg. Design salaries

Last Updated: 15 Oct 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹2 L/yr - ₹4.5 L/yr
2 years (5 salaries)	₹2.8 L/yr - ₹4.7 L/yr
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3 years (8 salaries)	₹3 L/yr - ₹6.5 L/yr
4 years (9 salaries)	₹4.3 L/yr - ₹7.1 L/yr
5 years (10 salaries)	₹4.5 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

View all

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Top skills at Thermax Limited for Mechanical Engg. Design

Design Engineering Pressure Vessels Detailing Heat Exchangers Mechanical Design Design Calculations Detail Engineering Detail Engineering Cooling Tower Erection AutoCAD CAD ASME Tanks Mechanical Design

Salary related reviews for Thermax Limited

3.2

Rated by 5 employees for salary & benefits

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

Detailing Engineer in Environement House, Bhosari, Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 20 Nov 2022

2.0

for Salary and Benefits

Likes

1) Great learning opportunities especially for freshers or those candidate who are in starting phase of career 2) Good work life balance and work culture but it varies between department to department or division to division

Skill development - Good

+3 more

Dislikes

...loyees in day to day routine 2) Most of employee growth in manager hand only. 3) Salary is lower than average 4) It is difficult to get permanent position. Most of employees even engineers are also on FTC ( Fixed term contract) role.

Salary - Poor

Lead Civil Engineer in Rihand FGD Project

Full Time

Lead civil engineer site manager Department

5.0

• posted on 28 Dec 2022

4.0

for Salary and Benefits

Likes

On time salary, good team at Ho as well as site, friendly culture at work place as well as Ho, supporting higher mgmt.

Salary - Good

+5 more

Dislikes

Lack of pre-planned framework for project all activities in stipulated time frame.

Draughtsman Mechanical in Pune Chinchwad

Manufacturing engineering Department Department

4.0

• posted on 04 Oct 2020

3.0

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.

Skill development - Good

+3 more

Dislikes

...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.

Design Engineer in Pune

Research & Development Department

4.0

• posted on 26 Sep 2020

3.0

for Salary and Benefits

Likes

Company has good ambient and most of the employees are satisfied with the work. Learning scope is more in Thermax. HR team is so good, will help you in all the situations. Overall company performance is little down these days due to slack in power sector. Company needs more innovation.But work is in progress.You will enjoy the culture.Company let you learn skills that you need and make you visit to the sites and conferences of your concern departments.My overall experience with Thermax was nice.

Skill development - Good

+5 more

Dislikes

The compensation is bit more dependent on years of experience rather than your passion and expertise in your area. Innovation is not given that much importance, people are used to traditional methods of working.Work pressure is fluctuating and most of the time responsibilities of the post are not defined specifically. Sometimes you have to do the work which is not of your projects.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Thermax Limited Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Thermax Limited ?

The average salary of a Mechanical Engg. Design at Thermax Limited in India typically ranges from ₹2.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Mechanical Engg. Design at Thermax Limited earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Mechanical Engg. Design Salaries at Thermax Limited 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 30+ Thermax Limited employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Thermax Limited in India?

The estimated take-home salary of a Mechanical Engg. Design at Thermax Limited in India typically ranges from ₹38,984 to ₹40,164 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 30+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mechanical Engg. Design at Thermax Limited ?

To be a Mechanical Engg. Design at Thermax Limited in india, the key skills required include:

- Design Engineering
- Pressure Vessels
- Detailing
- Heat Exchangers
- Mechanical Design

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Thermax Limited for Mechanical Engg. Design in India?

Caterpillar Inc	₹8.5 Lakhs to ₹22.2 Lakhs per year
Thyssenkrupp Industrial Solutions	₹10.2 Lakhs to ₹12.5 Lakhs per year
Stanley Black & Decker	₹5.2 Lakhs to ₹15.0 Lakhs per year
Trane Technologies	₹5.5 Lakhs to ₹13.0 Lakhs per year
Danfoss Industries	₹4.5 Lakhs to ₹13.2 Lakhs per year

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

What is the salary of a Mechanical Engg. Design in companies similar to Thermax Limited in India?

The salary of a Mechanical Engg. Design at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Flowserve	₹3.7 Lakhs to ₹12.0 Lakhs per year
Atlas Copco	₹2.4 Lakhs to ₹9.1 Lakhs per year
TechnipFMC	₹5.0 Lakhs to ₹9.6 Lakhs per year
Sandvik Mining and Rock Technology	₹4.0 Lakhs to ₹11.0 Lakhs per year
ABB	₹2.9 Lakhs to ₹12.0 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 Engg. Design at Thermax Limited in India?

The salary growth for a Mechanical Engg. Design at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.8 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹6.5 Lakhs per year
4 years	₹4.3 Lakhs to ₹7.1 Lakhs per year

and so on.

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Thermax Limited Mechanical Engg. Design Salaries

Thermax Limited Mechanical Engg. Design salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Thermax Limited latest salaries received from various employees of Thermax Limited.