How Much Does a Hardware Design Engineer V Make in Indore, IN? Salary Range, Hourly Rate and More
As of April 22, 2025, the average annual salary for a Hardware Design Engineer V in Indore, IN is ₹ 16,68,984, with an hourly rate of ₹ 802, according to Salary.com Global Salary IQ data. The average salary ranges from ₹ 11,98,021 to ₹ 21,37,124, influenced by factors like location, education, experience, and more.
Convert Currency to USD| Percentile | Salary | Location | Last Updated |
| 25th Percentile Hardware Design Engineer V Salary | ₹ 11,98,021 | India | April 22, 2025 |
| 50th Percentile Hardware Design Engineer V Salary | ₹ 16,68,984 | India | April 22, 2025 |
| 75th Percentile Hardware Design Engineer V Salary | ₹ 21,37,124 | India | April 22, 2025 |
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries
Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTM
Find More Jobs in the India
View Average Salary for the India
How Much Does a Hardware Design Engineer V Make by Hour, Week, Month, and Year?
Last Updated on April 22, 2025Salary.com provides you with accurate and diversified Hardware Design Engineer V salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Hardware Design Engineer V is about ₹ 16,68,984 a year, this translates to an approximate hourly rate of ₹ 802, a monthly salary of about ₹ 1,39,082, and a weekly pay of around ₹ 32,096. Click the switch button below to see more details about Hardware Design Engineer V hourly pay, weekly pay, monthly pay, and so on.
How Much Do Hardware Design Engineer Vs Earn at Different Levels in 2025?
A Hardware Design Engineer V's salary varies significantly based on experience level. Entry typically earn ₹ 60,117 - ₹ 63,487, while Intermediate make ₹ 60,622 - ₹ 63,908, Senior earn ₹ 61,044 - ₹ 64,330, Specialist earn ₹ 61,802 - ₹ 64,981, Expert can reach ₹ 63,066 - ₹ 66,704 or more, depending on the company and location.
| Levels | Salary |
|---|---|
| Entry Level Hardware Design Engineer V | ₹ 62,476 |
| Intermediate Level Hardware Design Engineer V | ₹ 62,897 |
| Senior Level Hardware Design Engineer V | ₹ 63,319 |
| Specialist Level Hardware Design Engineer V | ₹ 63,908 |
| Expert Level Hardware Design Engineer V | ₹ 65,325 |
| Entry Level | 96% |
| Intermediate Level | 96% |
| Senior Level | 96% |
| Specialist Level | 96% |
| Expert Level | 96% |
Which Job Pays More: Engineer V or Hardware Design Engineer V?
As of April 22, 2025 , a Engineer V makes more than a Hardware Design Engineer V. A Engineer V earns an average annual salary of ₹ 37,96,592. And a Hardware Design Engineer V earns an average annual salary of ₹ 19,51,200.
| Job Title | Location | Salary Range in INR |
|---|---|---|
| Engineer V | Indore, IN |
|
| Electronics Design Engineer V | Indore, IN |
|
| Electronics Engineer V | Indore, IN |
|
| Network Engineer V | Indore, IN |
|
| Database Engineer V | Indore, IN |
|
Hardware Design Engineer V Job Openings in Indore, IN
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
