Mechanical engineering is a highly sought-after profession in India, and there is a reason behind it. With the growth in infrastructure and manufacturing sectors in a developing economy like India, the opportunities for mechanical engineers have increased significantly.
But after Corona, there has been a slight impact. But to understand the salary structure, it is not enough to just look at the entry-level package, experience, location, industry, and brand name of the company also play an important role. In this article, we will do a detailed analysis of all the factors, so that you get a clear picture of what the salary structure of mechanical engineers in India is like.
Fresher
Firstly, if we talk about entry-level i.e. freshers, the average of fresher mechanical engineers salary is around 3.5 to 4.5 lakhs per annum in India.
This salary package is mainly for graduates who pass out from B class or C class colleges. Graduates from A class colleges, such as IITs and NITs, get comparatively better packages, which can range from 6 to 8 lakhs per annum. This difference depends on the recruitment policies of the companies, skills of the candidates and academic performance.
Experience
Experience is a big factor in salary hike. If a mechanical engineer has 2-5 years of experience, his package can increase from 5 lakhs to 8 lakhs per annum. As the experience increases, the salary package also improves. After 10 years of experience, the salary package of a mechanical engineer can range from 10 lakhs to 15 lakhs per annum, depending on the industry and company.
Location
Location is also an important factor. Mechanical engineers salary packages in metro cities such as Mumbai, Delhi, Bangalore, Pune and Chennai are higher than those in non-metro cities.
Metro cities have a higher cost of living, but cities also offer more exposure and opportunities, which is reflected in the salary. For example, Bangalore is called the "Silicon Valley of India", but it also has a lot of scope for mechanical engineers, especially in the aerospace and automotive industries.
Industry
Talking about the industry, mechanical engineers salary in india get comparatively better salaries in the automotive, aerospace, oil and gas, power generation, and heavy engineering sectors.
In the automotive sector, especially companies like Tata Motors, Mahindra & Mahindra, and Maruti Suzuki offer packages of Rs 5 lakh to Rs 7 lakh per annum to fresher mechanical engineers. In the aerospace sector, these packages are even more attractive, and if you get a job in a PSU (Public Sector Undertaking), your salary is as per the government pay scale, which also includes stability and allowances.
PSU
PSU jobs, such as ONGC, BHEL, IOCL, and NTPC have salary structures as per government norms, which can range from 6 lakhs to 12 lakhs per annum at the entry level, depending on the position and the company. Apart from this, allowances and perks also play an important role. Government jobs offer more stability and work-life balance, which is rarely seen in the private sector.
Giant Companies
Top multinational companies in the private sector like General Electric, Siemens, Bosch and Larsen & Turbo also offer attractive packages to mechanical engineers. Your starting salary in these companies can range from 6 lakhs to 10 lakhs per annum, but the competition for these is also very tough. If you work on international projects in multinational companies, your salary package can increase even more.
Another Scope of Role
Another factor that impacts the salary of mechanical engineers is the skillset. In today's time, the demand for advanced skills like CAD (computer-aided design), CAM (computer-aided manufacturing), CFD (computational fluid dynamics), and FEA (finite element analysis) has increased a lot. Engineers who are proficient in software tools get better opportunities and higher salaries. Certification courses and additional training make your resume stronger and companies prefer candidates who are proficient in tools and technologies.
Education
Higher education is also a strong factor in salary hikes. Mechanical engineers salary who pursue M.Tech, MBA, B.E. or other specialized courses generally have a better career trajectory and salary package. If you get into management roles after MBA, your package can increase significantly, especially if you enter operations or project management roles.
Career Growth
Now let's talk about career growth. Career growth for mechanical engineers is quite promising, but it depends on your continuous learning and skill development.
The momentum seen in the manufacturing and infrastructure sectors in India makes it clear that the demand for mechanical engineers will remain stable in the future as well.
The integration of technologies such as automation, robotics and AI is making the roles of mechanical engineers even more diverse, which will have a positive impact on both salary and career growth.
What is the reason for Mechanical Engineer Salary India being low in last 5 years?
The salaries of mechanical engineers in India have been relatively low in the last five years. What can be said about this? The first and most significant reason is the over-supply of engineers. Thousands of students graduate from engineering colleges in India every year, but their demand does not increase that much.
When the supply is high, and the demand is low, the salary is negatively affected. The second reason is the rapid growth of automation and technology. The need for a workforce has reduced due to automation in manufacturing and traditional mechanical engineering fields.
Companies now use advanced machines and robotics, which do away with human intervention. Because of this, opportunities for mechanical engineers have become restricted, which pulls down salaries. The third factor is the relatively slow growth of the Indian manufacturing sector.
Although schemes like "Make in India" have been introduced, their desired effect is not yet visible. Infrastructure and manufacturing growth has slowed, as not many new job roles have been created for mechanical engineers.
The fourth reason is the skill gap. Many engineering graduates have theoretical knowledge but lack practical skills. Companies have to hire such engineers and provide additional training, which results in low salary packages.
Finally, global outsourcing and multinational companies focus on the IT and software sectors. More investments and opportunities are being made in the IT sector, which is comparatively less for engineering disciplines like mechanical engineering. Due to all these factors, the salary of mechanical engineers in India has been declining for the last few years.
Ultimately, from our research and experience, if we look at the overall picture, mechanical engineering can be a rewarding career in India, if you acquire the right skills and constantly keep your knowledge updated.
Salary packages are quite varied and there are ups and downs in your career path. But one thing that is clear is that the opportunities for growth and learning in this field are endless, and if you align your passion with this profession, the financial high package are sure to follow.
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