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Valley Iron & Steel Co. Mechanical Engineer salaries in India

Annual salary range
3 - 6 years exp.
₹1.7 Lakh - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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44% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 3 - 6 years of experience

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Salaries in different departments

Research & Development
Mechanical Engineer Salary
3 - 6 years exp. (4 salaries)
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₹1.7 L/yr - ₹2.5 L/yr

Production, Manufacturing & Engineering
Mechanical Engineer Salary
5 - 6 years exp. (3 salaries)
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₹2.8 L/yr - ₹3.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Valley Iron & Steel Co. for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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SMC Power Generation Mechanical Engineer Salary

0 - 11 years exp. (25 salaries)

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₹2 L/yr - ₹4.2 L/yr

arrow icon 18% more
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₹4 L/yr - ₹6.8 L/yr

arrow icon 103% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 16% more
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ArcelorMittal Mechanical Engineer Salary

0 - 6 years exp. (11 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 38% more
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Sathavahana Ispat Mechanical Engineer Salary

2 - 10 years exp. (10 salaries)

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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 8% more
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Kalyani Forge Mechanical Engineer Salary

0 - 6 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.9 L/yr

arrow icon 10% more
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Atibir Industries Mechanical Engineer Salary

1 - 5 years exp. (9 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 28% more
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Arjas Steel Mechanical Engineer Salary

0 - 12 years exp. (9 salaries)

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₹2.4 L/yr - ₹7.8 L/yr

arrow icon 53% more
1 job opening
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 50% more
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NELCAST Mechanical Engineer Salary

0 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 44% more
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Modern Steels Mechanical Engineer Salary

3 - 7 years exp. (6 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 22% more
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₹3 L/yr - ₹6.8 L/yr

arrow icon 80% more
1 job opening
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KIC Metaliks Mechanical Engineer Salary

0 - 5 years exp. (5 salaries)

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₹1.4 L/yr - ₹2.4 L/yr

arrow icon 33% less
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BMW Industries Mechanical Engineer Salary

1 - 7 years exp. (5 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 6% less
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₹3.6 L/yr - ₹5 L/yr

arrow icon 63% more
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₹4 L/yr - ₹6.5 L/yr

arrow icon 124% more
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₹3.1 L/yr - ₹3.7 L/yr

arrow icon 27% more
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India Steel Works Mechanical Engineer Salary

2 - 4 years exp. (3 salaries)

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₹1.6 L/yr - ₹3 L/yr

arrow icon 24% less
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₹2.5 L/yr - ₹5 L/yr

arrow icon 60% more
Mechanical Engineer salary at Valley Iron & Steel Co. ranges between ₹1.7 Lakh to ₹3.3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Valley Iron & Steel Co..

Latest annual salaries shared by Valley Iron & Steel Co. Mechanical Engineer

1y ago
₹3.3 Lakhs
6 years exp.
1y ago
₹2.5 Lakhs
6 years exp.
1y ago
₹2.2 Lakhs
5 years exp.
1y ago
₹3.3 Lakhs
5 years exp.
1y ago
₹2.2 Lakhs
4 years exp.
1y ago
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5 years exp.
1y ago
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3 years exp.

Experience wise Valley Iron & Steel Co. Mechanical Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.6 L/yr
5 years  (3 salaries)

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₹2.2 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr

Similar Designation salaries in Valley Iron & Steel Co.

Electrical Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Shift Engineer Salary
(3 salaries)
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₹2.5 L/yr - ₹3 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹4 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Shift Incharge Salary
(3 salaries)
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₹2.4 L/yr - ₹3.2 L/yr

Salary related reviews for Valley Iron & Steel Co.

5.0

Rated by 1 employees for salary & benefits

Production, Manufacturing & Engineering Department

5.0
  •  posted on 05 Jan 2020

5.0
 for  Salary and Benefits

Likes

Making good products and job security working with this group.salary deposited time to time And good environment to work.happy to be a part of this group and good mangement.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No planning for latest technologies..

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Valley Iron & Steel Co. Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Valley Iron & Steel Co. ?
The average salary of a Mechanical Engineer at Valley Iron & Steel Co. in India typically ranges from ₹1.7 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Mechanical Engineer at Valley Iron & Steel Co. earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Mechanical Engineer Salaries at Valley Iron & Steel Co. 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 Valley Iron & Steel Co. employees in India.
What is the estimated take home salary of a Mechanical Engineer at Valley Iron & Steel Co. in India?
The estimated take-home salary of a Mechanical Engineer at Valley Iron & Steel Co. in India typically ranges from ₹18,333 to ₹20,021 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 3 years 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 7 salaries received from various employees of Valley Iron & Steel Co.. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Valley Iron & Steel Co. for Mechanical Engineer in India?
Tata BlueScope Steel ₹4.0 Lakhs to ₹6.5 Lakhs per year
POSCO MAHARASHTRA STEEL ₹4.0 Lakhs to ₹6.8 Lakhs per year
Vardhman Special Steels ₹3.0 Lakhs to ₹6.8 Lakhs per year
Captain Steel India Limited ₹3.6 Lakhs to ₹5.0 Lakhs per year
Tata Steel Downstream Products ₹2.5 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Valley Iron & Steel Co., depending on the role and experience level.
What is the salary of a Mechanical Engineer in companies similar to Valley Iron & Steel Co. in India?
The salary of a Mechanical Engineer at companies similar to Valley Iron & Steel Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arjas Steel ₹2.4 Lakhs to ₹7.8 Lakhs per year
Arya Iron & Steel Co. ₹2.5 Lakhs to ₹5.2 Lakhs per year
NELCAST ₹2.0 Lakhs to ₹4.3 Lakhs per year
ArcelorMittal ₹2.0 Lakhs to ₹6.0 Lakhs per year
Atibir Industries ₹2.2 Lakhs to ₹5.0 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 Valley Iron & Steel Co. in India?
The salary growth for a Mechanical Engineer at Valley Iron & Steel Co. depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Valley Iron & Steel Co.:

Experience Average Salary Range
3 years ₹1.7 Lakhs to ₹4.3 Lakhs per year
4 years ₹2.2 Lakhs to ₹4.6 Lakhs per year
5 years ₹2.2 Lakhs to ₹3.3 Lakhs per year
6 years ₹2.5 Lakhs to ₹3.3 Lakhs per year
and so on.

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Valley Iron & Steel Co. Mechanical Engineer salary in India ranges between ₹1.7 Lakh to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Valley Iron & Steel Co. latest salaries received from various employees of Valley Iron & Steel Co..