Volvo Hardware Engineer Salaries by 9 Employees (Updated 2025)

4 - 7 years exp.

₹9 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

86% more than the average Hardware Engineer Salary in Automobile Companies for 4 - 7 years of experience

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Last Updated: 2 Nov 2023

Companies similar to Volvo for Hardware Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Hardware Engineer Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹14.6 L/yr 30% less
Bosch Hardware Engineer Salary 1 - 5 years exp. (19 salaries)	₹3.8 L/yr - ₹9.6 L/yr 51% less
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Maruti Suzuki Hardware Engineer Salary 0 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹2.1 L/yr 87% less
Hero MotoCorp Hardware Engineer Salary 2 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹3.3 L/yr 87% less
CNH Industrial Hardware Engineer Salary 6 - 10 years exp. (6 salaries)	₹11 L/yr - ₹16.3 L/yr At par
Bharat Forge Hardware Engineer Salary 0 - 22 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 73% less
Ola Electric Mobility Hardware Engineer Salary 0 - 4 years exp. (3 salaries)	₹5 L/yr - ₹16.3 L/yr 35% less

Hardware Engineer salary at Volvo ranges between ₹9 Lakhs to ₹15.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Volvo.

Experience wise Volvo Hardware Engineer salaries

Last Updated: 2 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
5 years (4 salaries)	₹9 L/yr - ₹15.5 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹15.3 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹15.3 L/yr

Similar Designation salaries in Volvo

Senior Engineer Salary

(54 salaries)

₹8 L/yr - ₹34 L/yr

Lead Engineer Salary

(29 salaries)

₹8 L/yr - ₹29.25 L/yr

Project Engineer Salary

(5 salaries)

₹2.8 L/yr - ₹9.86 L/yr

Junior Engineer Salary

(3 salaries)

₹2 L/yr - ₹4.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Design Engineer Salary

(66 salaries)

₹4.5 L/yr - ₹15 L/yr

Electrical Engineer Salary

(5 salaries)

₹2.86 L/yr - ₹10 L/yr

Mechanical Engineer Salary

(6 salaries)

₹8 L/yr - ₹17 L/yr

Senior Software Engineer Salary

(104 salaries)

₹10.34 L/yr - ₹45 L/yr

Lead Design Engineer Salary

(6 salaries)

₹6 L/yr - ₹9.3 L/yr

Top skills at Volvo for Hardware Engineer

Hardware Engineering Automotive Sensors Product Development DFMEA Power Management Component Development HMI Electronics

Salary related reviews for Volvo

4.2

Rated by 2 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Less work pressure No much work

Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

Salary - Poor

+5 more

Quality Checker in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

Work satisfaction - Good

+1 more

Dislikes

Contractual job is not a future and salary is just ok

Skill development - Poor

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 27 Oct 2023

1.0

for Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

Job security - Excellent

+1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

Salary - Bad

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

4.0

• posted on 08 May 2021

3.0

for Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

Skill development - Good

+1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

AGM (Group Manager) - Chassis in Bangalore / Bengaluru

Full Time

Research & Development Department

5.0

• posted on 17 Dec 2024

4.0

for Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

Salary - Good

+6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Volvo Hardware Engineer Salary FAQs

What is the salary of Hardware Engineer at Volvo?

Hardware Engineer salary at Volvo in India ranges between ₹9.0 Lakhs to ₹15.5 Lakhs for experience between 4 years to 7 years. According to our estimates it is 86% more than the average Hardware Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Volvo India.

How does the salary of a Hardware Engineer at Volvo India compare with the average salary range for this job?

The average salary of a Hardware Engineer at Volvo is 86% more than the average salary of a Hardware Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Hardware Engineer at Volvo?

Hardware Engineering, Automotive, Sensors, Product Development and DFMEA are some of the popular skills required to work as a Hardware Engineer at Volvo India.

What is the salary of a Hardware Engineer in companies similar to Volvo in India?

CNH Industrial Hardware Engineer Salary - ₹11.0 Lakhs to ₹16.3 Lakhs per year
Tata Motors Hardware Engineer Salary - ₹5.0 Lakhs to ₹14.6 Lakhs per year
Ola Electric Mobility Hardware Engineer Salary - ₹5.0 Lakhs to ₹16.3 Lakhs per year
Bosch Hardware Engineer Salary - ₹3.8 Lakhs to ₹9.6 Lakhs per year
Bharat Forge Hardware Engineer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Hardware Engineer at Volvo in India?

The estimated take-home salary of a Hardware Engineer at Volvo ranges between ₹94,982 per month to ₹97,542 per month in India. The take-home salary calculation is based on the average Volvo Hardware Engineer salary in India which ranges between ₹9.0 Lakhs to ₹15.5 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Hardware Engineer at Volvo?

According to AmbitionBox, 67% of the Volvo Hardware Engineers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Volvo Hardware Engineer Salaries

Volvo Hardware Engineer salary in India ranges between ₹9 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Volvo latest salaries received from various employees of Volvo.