Home > Salary > India > Component Engineer
A component engineer is responsible for the selection, evaluation, and qualification of electronic components used in various products. They work closely with design engineers, suppliers, and manufacturers to ensure that the chosen components meet the required specifications and standards. The role involves researching and analyzing component technologies, conducting tests and evaluations, and providing recommendations on the best components to use.
Component engineers are also responsible for managing the component database and ensuring accurate documentation of specifications, availability, and pricing information. They play a vital role in cost reduction and quality improvement initiatives by identifying alternative components or suppliers that offer better performance or lower costs. Additionally, they may collaborate with cross-functional teams to resolve component-related issues, such as obsolescence or supply chain disruptions.
Estimated Yearly Salary: 3,346,566 INR
Estimated Monthly Salary: 278,881 INR
Estimated Weekly Salary: 64,357 INR per week
Estimated Hourly Salary: 1,609 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 268,943 INR
Estimated Weekly Salary: 62,064 INR per week
Estimated Hourly Salary: 1,552 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 37,131 USD
Estimated Monthly Salary: 3,094 USD
Estimated Weekly Salary: 714 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,346,566 INR
Estimated Monthly Salary: 278,881 INR
Estimated Weekly Salary: 64,357 INR per week
Estimated Hourly Salary: 1,609 INR per hour
By working as Component Engineer a person can save up to 2,199 USD per month or 26,389 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Component Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Component Engineer salary in India
Average Yearly Salary of Component Engineer in India is approximately 3,346,566 INR (37,131 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Component Engineer do?
A component engineer is responsible for the selection, evaluation, and qualification of electronic components used in various products. They work closely with design engineers, suppliers, and manufacturers to ensure that the chosen components meet the required specifications and standards. The role involves researching and analyzing component technologies, conducting tests and evaluations, and providing recommendations on the best components to use.
Component engineers are also responsible for managing the component database and ensuring accurate documentation of specifications, availability, and pricing information. They play a vital role in cost reduction and quality improvement initiatives by identifying alternative components or suppliers that offer better performance or lower costs. Additionally, they may collaborate with cross-functional teams to resolve component-related issues, such as obsolescence or supply chain disruptions.
Skills: Component Engineer, Electronic Components, Evaluation, Qualification, Supply Chain Management, Cost Reduction
Job industry: Engineering
Job industry: Engineering
How much does Component Engineer make?
Salary details
How much does Component Engineer make?Estimated Yearly Salary: 3,346,566 INR
Estimated Monthly Salary: 278,881 INR
Estimated Weekly Salary: 64,357 INR per week
Estimated Hourly Salary: 1,609 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,227,310 INREstimated Monthly Salary: 268,943 INR
Estimated Weekly Salary: 62,064 INR per week
Estimated Hourly Salary: 1,552 INR per hour
Last revision of data: 2024-01-03Component Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 37,131 USD
Estimated Monthly Salary: 3,094 USD
Estimated Weekly Salary: 714 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Component Engineer job salary compared to average salary in India.
Comparison shows that a person working as Component Engineer in India earns on average:
1.81 times the average salary (or 181% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Component Engineer job salary compared to average salary in India.
Comparison shows that a person working as Component Engineer in India earns on average:
1.81 times the average salary (or 181% of average salary).
Is Component Engineer a well paid job?
Yes, our data shows that Component Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Component Engineer?
High salary for Component Engineer would be somewhere between 3,681,223 INR and 4,852,521 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Component Engineer in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,346,566 INR
Estimated Monthly Salary: 278,881 INR
Estimated Weekly Salary: 64,357 INR per week
Estimated Hourly Salary: 1,609 INR per hour
By working as Component Engineer a person can save up to 2,199 USD per month or 26,389 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Component Engineer
Pakistan is 2,629 USD
China is 21,260 USD
Nepal is 12,153 USD
Bangladesh is 4,660 USD
Afghanistan is 9,973 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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9. Oncologist
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Data as of 2025Random salary:
Pipeline integrity manager (3,923,784 INR per year, pre-tax.)
Cash management coordinator (1,449,000 INR per year, pre-tax.)
Research development (rd), director (4,386,491 INR per year, pre-tax.)
Investigation supervisor (2,402,203 INR per year, pre-tax.)
Marketing business development manager (2,183,942 INR per year, pre-tax.)
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