The average salary for M.Tech in Mechanical Engineering graduates can vary based on factors such as industry, location, level of experience, and the specific company. However, here is an overview of the typical salary range:
1. Starting Salary:
- Fresh graduates with an M.Tech in Mechanical Engineering typically earn between ₹5,00,000 to ₹8,00,000 per year in India. This can vary depending on the job role, organization, and location. Larger cities or high-demand industries may offer higher starting salaries.
2. Experienced Professionals:
- With 3 to 5 years of experience, the salary can range from ₹8,00,000 to ₹15,00,000 per year. Engineers with specialized skills or experience in niche sectors like automotive design, aerospace engineering, or renewable energy may earn higher salaries.
3. Senior Roles:
- After 10 years or more in the industry, M.Tech graduates can earn salaries ranging from ₹15,00,000 to ₹25,00,000 or higher, especially if they hold managerial or leadership positions, work in research and development, or oversee complex engineering projects.
4. Industry Variations:
- Salary potential also varies across industries. For example, professionals working in automotive, aerospace, or energy sectors may earn more than those in general manufacturing or construction.