Industry reports indicate that nearly 1.5 million graduates pass out of engineering colleges every year in India. With exciting (and abundant) career opportunities both in India and overseas and high remunerations, engineering remains as one of the top career options.
But, now coming to the big question – how much do engineers make in India and which branches of engineering offer the best pay packages? At Dynamic Staffing Services, we keep ourselves updated with the prevailing salary trends so that we can match the right personnel to the right position.
Here, in this guide, we give you a complete overview of the current salary trends for engineers in India.
The Top Paying Engineering Branches for 2020 and Beyond
Petroleum Engineering
Contrary to popular opinion, computer science is not the highest paying branch of engineering. Instead, core engineering subjects are the most in-demand and come with handsome salary packages. One such branch is petroleum engineering.
With the demand for natural gas and oil increasing all over the world in developing as well as developed nations, there is a huge demand for petroleum engineers. Some of the countries that hire petroleum engineers include the Middle East, oil-rich nations in Africa, Russia, and Malaysia, and several more.
Some of the special skills that increase the pay of petroleum engineers include:
- Well production specialization
- Drilling engineering
- Reservoir engineering
Average Pay:
Work experience matters a lot in this field. As per PayScale, the average salary of an/a:
- Entry-level petroleum engineer in India is around 8 lakhs per year
- Mid-career petroleum engineer with 5 – 9 years of experience is about 11 lakhs per year
- Experienced petroleum engineer with 10+ years of experience is approximately 20 to 40 lakhs per year
Electrical Engineering
It’s one of the evergreen fields of engineering that never goes out of demand. As the use and application of electricity and electronics rises multiple folds in every walks of life, electrical engineers have plenty of lucrative career opportunities.
Average Pay:
The average salary of an:
- Entry-level electrical engineer in India is around 1.5 to 3 lakhs per year
- Experienced electrical engineer with 10+ years of experience is about 10 to 15 lakhs per year
Aerospace Engineering
With ISRO (Indian Space Research Organisation) occupying the limelight in recent months, there has been a surge in demand for aerospace engineers. Aerospace engineering involves the development of space crafts as well as commercial aircraft. It’s closely linked with aeronautical engineering.
Average Pay:
The average salary of an:
- Entry-level aerospace engineer in India is around 5 to 8 lakhs per year
- Experienced aerospace engineers with 10+ years of experience are about 20 to 30 lakhs per year
Chemical Engineering
Chemical engineering is another core branch of engineering that pays handsome packages. It’s an exciting field but is extremely demanding. Chemical engineering involves mastery of other subjects besides chemistry like mathematics, physics, and biology. Chemical engineers implement chemical subjects for various applications. Other related engineering branches include materials engineering.
Average Pay:
The average salary of an:
- Entry-level chemical engineer in India is around 4 to 8.5 lakhs per year
- Experienced aerospace engineers with 10+ years of experience are about 12 to 30 lakhs per year
Nuclear Engineering
Just like petroleum engineering, nuclear energy also deals with energy production. Besides nuclear power, the field also offers plenty of research opportunities on using nuclear energy for industrial and medical use. It involves designing and creating instrumentation, equipment for multiple industries ranging from medical imaging to spacecraft, and more. Nuclear engineers can find plenty of opportunities both in the public and private sectors.
Average Pay:
The average salary of an:
- Entry-level nuclear engineer in India is around 3 to 5 lakhs per year
- Experienced aerospace engineers with 10+ years of experience are about 15 to 20 lakhs per year
Computer Science Engineering
Computer science engineering encompasses two main branches of engineering – computer science and information technology. For over a decade, India has been the world leader in the IT and ITES industry. Today, computer science graduates in India have plenty of opportunities, not just in the country but overseas as well.
However, one of the biggest challenges facing computer science engineering graduates is that they have to continue to stay updated to stay relevant. With new technologies being introduced every few months, computer science engineers who keep themselves updated not only see faster career growth but also enjoy higher pay packages.
The average pay package for computer science engineering graduates depends on their stream and the platform they are working on.
Average Pay:
The average salary of an:
- Entry-level computer engineer in India is around 3 to 15 lakhs per year
- Experienced aerospace engineers with 10+ years of experience are around 20 to 40 lakhs per year
Engineering Managers
Engineering managers are engineering graduates who have moved into management. They supervise teams of engineers under them. Engineering managers are responsible for overall project management and ensure the productivity of the team. They also act as the liaison between the company and the client.
The pay of an engineering manager depends on his/her experience. The average annual package ranges around 8 lakhs per year.
Besides these seven top paying engineering branches, the other popular options include:
- Biomedical engineering
- Environmental engineering
- Data science and machine learning engineering
- Alternative energy engineering
- Automation and robotics engineering
Who are some of the Top Recruiters in India?
Generally, IT companies offer big packages for freshers in India. The top recruiters for 2019 include:
- Google – It’s one of the best-paying IT companies in India, with an average salary package of around 6 to 10 lakhs per annum. Besides the attractive pay package, the company offers several other perks and benefits that make it one of the desirable places to work.
- TCS – Software engineers in TCS enjoy an average annual salary ranging from 3 to 5 lakhs. Besides the pay, job security is one of the biggest benefits of TCS. TCS has one of the lowest attrition rates in the country.
- CTS (Cognizant Technology Solutions) – The average annual salary in CTS for freshers ranges from 3 to 6 lakhs. CTS employees enjoy a faster career growth rate, compared to other IT companies.
- IBM – IBM is one of the biggest IT recruiters in India, with annual salary packages ranging from 4 to 6 lakhs.
- Amazon – Amazon is one of the highest-paying employers in India. The average starting pay package for a software development engineer is 10 – 12 lakhs.
Besides, these top recruiters, today, there are plenty of start-ups that offer attractive salaries for engineering graduates. While it’s true that engineering has seen a slump in recent years, it still remains as one of the best-paying career options for thousands of young graduates in India.
Sources:
[1] https://www.indiaeducation.net/engineering/after-engineering/best-careers-in-engineering.html
[2] https://www.payscale.com/research/IN/Country=India/Salary
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