In India, engineers typically earn between ₹600,000 to ₹800,000 per year. In contrast, their American counterparts earn around 100,000 to 150,000 annually.
Entry-Level Salary
Entry-level engineers in the USA can start at $75,000 per year, while in India, entry-level salaries range from ₹45,000 to ₹55,000 monthly.
Experienced Salaries
Experienced engineers in the USA can earn up to $166,033 yearly. In India, senior engineers earn between ₹90,000 to ₹120,000 monthly.
Specialized Fields
Specializations matter: Aerospace engineers in the USA earn about $141,022 annually, while in India, their salary is around ₹7.5 lakhs per year.
Cost of Living
The USA’s higher cost of living requires higher salaries. Major urban areas see significant expenses, necessitating competitive compensation for engineers.
Demand and Supply
There is strong demand for skilled engineers in the USA, leading to competitive salaries. Engineers often have a broader range of job opportunities.
Conclusion
The disparity between salaries reflects both economic conditions and the value placed on engineering talent. Prospective engineers should consider these factors.