Yes, it is possible to earn more by working in research after completing an M.Tech in Mechanical Engineering, particularly if you are involved in high-end industrial research, innovation, or product development. Here's how research can lead to higher earnings:
1. Industry Research and Development (R&D):
- Working in corporate R&D departments of large companies (e.g., Boeing, General Electric, Siemens) can offer attractive salaries. Engineers in these roles work on cutting-edge technologies, such as robotics, advanced materials, energy systems, and automation. Salaries in R&D roles can range from ₹10-20 LPA at mid-level to ₹25+ LPA at senior levels, especially if the research leads to patented technologies or new products.
2. Academic Research:
- If you pursue a career in academia or government-funded research institutes (e.g., ISRO, DRDO, CSIR), salaries might start lower but can grow steadily, particularly with grants, research funding, and leadership positions in projects. Professors or senior researchers in reputed institutes can earn upwards of ₹12-20 LPA, with the potential for additional income from consultancy and research projects.
3. Startups and Innovation:
- If you decide to work with tech startups or set up your own innovation-driven business, you may have opportunities for higher earnings, especially if your research leads to commercialization, patents, or products with significant market potential.