Volvo Trucks Component Engineer Salaries by Employees (Updated 2025)

Select experience

₹5.3 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 28 Mar 2024

Companies similar to Volvo Trucks for Component Engineer

Company name	Avg Annual Salary	Open Jobs
Rolls-Royce Component Engineer Salary 7 - 9 years exp. (3 salaries)	₹9 L/yr - ₹11.6 L/yr 68% more
Flex Component Engineer Salary 2 - 7 years exp. (227 salaries)	₹2.5 L/yr - ₹7 L/yr 24% less	1 job opening
Login to view exact salary
Yukthi Datasoft Component Engineer Salary 1 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹4.3 L/yr 50% less
S&P Global Component Engineer Salary 2 - 8 years exp. (81 salaries)	₹3.1 L/yr - ₹10.5 L/yr 22% more
L&T Technology Services Component Engineer Salary 1 - 5 years exp. (66 salaries)	₹3 L/yr - ₹6.2 L/yr 24% less

Component Engineer salary at Volvo Trucks ranges between ₹5.3 Lakhs to ₹6.8 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Volvo Trucks.

Similar Designation salaries in Volvo Trucks

Project Engineer Salary

(AmbitionBox Estimate)

₹35.1 L/yr - ₹44.8 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Senior Engineer Salary

(22 salaries)

₹9.1 L/yr - ₹24 L/yr

Lead Engineer Salary

(29 salaries)

₹6.79 L/yr - ₹29.8 L/yr

Design Engineer Salary

(33 salaries)

₹4 L/yr - ₹15.6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Mechanical Engineer Salary

(4 salaries)

₹1.7 L/yr - ₹10 L/yr

Lead Design Engineer Salary

(4 salaries)

₹9.8 L/yr - ₹12 L/yr

Senior Design Engineer Salary

(13 salaries)

₹7 L/yr - ₹17 L/yr

Product Design Engineer Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Salary related reviews for Volvo Trucks

Lead Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 14 Feb 2023

4.0

for Salary and Benefits

Likes

Good Projects Work life balance No micromanagement. Respect for each other. Best employee policies Awesome team members Good Employee benefits Best working environment.

Salary - Good

+5 more

Dislikes

Salary is not best in the industry. Very small factor in terms of the positives they provide. I choose the positives over the salary.

Purchase Associate in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

2.0

• posted on 16 Aug 2023

1.0

for Salary and Benefits

Likes

1) office timings are flexible 2) good Swedish culture with Indian Tadka 3) good work environment

Skill development - Good

+2 more

Dislikes

1) work life balance is worst 2) salary and appreciation are poor 3) Stick to same work and dont get to learn new 4) people are diplomatic

Salary - Bad

+3 more

Senior Geometrical Architect in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 29 Nov 2024

3.0

for Salary and Benefits

Likes

Excellent Work life balance Opportunity to work with global teams Good company culture

Job security - Excellent

+2 more

Dislikes

Learning opportunities are limited in some jobs Promotion & appraisal is not as per the industry standards Salary is below industry standards

Area Engineer - Customer Service in Ramagundam

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jul 2024

1.0

for Salary and Benefits

Likes

Worst Politics in the Field Area offices especially at Ramagundam. Bucketing system and always targeting to sub ordinates and treating like anything.

Dislikes

In Bottom to too management will knows the what happening inside the Field teams. No salary hikes for bottom level employees. Mainly at Ramagundam, Manager is never transferred from the base location from 6yrs onwards , due to his politics into the system. He treating sub ordinates like anything and listening the others and blaming to gud employees

Salary - Bad

+6 more

DAT in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

5.0

• posted on 14 Oct 2017

4.0

for Salary and Benefits

Likes

It was a great platform and a nice experience working out there. The company environment was awesome and the employees were really cooperative. It was a lot of fun working out there.

Salary - Good

+6 more

Dislikes

Compensation was less other than that everything was ok

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about Volvo Trucks?

Ask anonymously on communities.

Tell us how to improve this page.

Home >
Salaries >
Volvo Trucks Salaries >
Volvo Trucks Component Engineer Salaries

Volvo Trucks Component Engineer salary in India ranges between ₹5.3 Lakhs to ₹6.8 Lakhs. This is an estimate based on latest salaries received from employees of Volvo Trucks.

Volvo Trucks Component Engineer salaries in India

Companies similar to Volvo Trucks for Component Engineer

Similar Designation salaries in Volvo Trucks

Salary related reviews for Volvo Trucks

Lead Engineer in Bangalore / Bengaluru

Purchase Associate in Bangalore / Bengaluru

Senior Geometrical Architect in Bangalore / Bengaluru

Area Engineer - Customer Service in Ramagundam

DAT in Bangalore / Bengaluru

Tell us how to improve this page.