Magadh Precision Equipment Indore Salaries by 20+ Employees (Updated 2025)

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Project & Program Management Research & Development

Designation	Avg Annual Salary	Open Jobs
Accountant 10 - 13 years exp. · Indore (3 salaries)	₹2 L/yr - ₹2.5 L/yr
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Project Engineer 7 - 12 years exp. · Indore (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr
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Project Engineer Mechanical 3 - 11 years exp. · Indore (3 salaries)	₹2.4 L/yr - ₹4.3 L/yr
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Design Engineer 3 - 8 years exp. · Indore (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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HR Executive 10 - 12 years exp. · Indore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Mechanical Engg. Design 1 - 7 years exp. · Indore (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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Production Engineer 11 years exp. · Indore (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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Project Manager Mechanical 2 years exp. · Indore (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Purchase Manager 16 years exp. · Indore (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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Graduate Engineer Trainee (Get) Fresher · Indore (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Quality Manager 6 years exp. · Indore (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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Quality Engineer 3 years exp. · Indore (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Assistant Manager 5 - 6 years exp. · Indore (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Salary related reviews for Magadh Precision Equipment

4.0

Rated by 1 employees for salary & benefits

Design Engineer in Dewas

Research & Development Department

4.0

• posted on 25 Aug 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology, I love the fact that i am form of a team.

Job security - Excellent

+1 more

Dislikes

... work pressure is very high, Sometime, i have work 8-10 hours straight in a day. Also they not provide salary at fix date .

Company culture - Poor

Senior Project Manager in Dewas

Project & Program Management Department

3.0

• posted on 11 Jul 2019

2.0

for Salary and Benefits

Likes

The company is open to innovations and allow to do the work in different areas which gives better learning option.

Skill development - Good

Dislikes

No value to the suggestions of an individual provided there is no training and guidance to learn for freshers.

Salary - Poor

+1 more

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Know more about Magadh Precision Equipment Indore

Magadh Precision Equipment Salary FAQs

How much does Magadh Precision Equipment pay per year?

The average Magadh Precision Equipment salary ranges from approximately ₹1 Lakh to ₹2.4 Lakhs per year for a Graduate Engineer Trainee (Get) and ₹2.2 Lakhs to ₹4.2 Lakhs per year for a Project Engineer. Salary estimates are based on 23 Magadh Precision Equipment salaries received from various employees of Magadh Precision Equipment. Magadh Precision Equipment employees rate the overall salary and benefits package 4.0/5 stars.

What is the highest salary in Magadh Precision Equipment?

The highest-paying job at Magadh Precision Equipment is a Project Engineer with a salary of ₹2.2 Lakhs to ₹4.2 Lakhs per year. The top 10% of employees earn more than ₹6 lakhs per year. The top 1% earn more than a whopping ₹22.41 lakhs per year.

What is the minimum salary in Magadh Precision Equipment?

Minimum salary at Magadh Precision Equipment depends on the role you are applying for. For Graduate Engineer Trainee (Get) the minimum salary is ₹1 Lakh to ₹2.4 Lakhs per year, and for Accountant the minimum salary is ₹2 Lakhs to ₹2.5 Lakhs per year and so on.

What is the notice period at Magadh Precision Equipment in Indore?

According to AmbitionBox, 89% of the Magadh Precision Equipment employees in Indore reported a notice period of 1 Month, 11% reported a notice period of 15 days or less.This is based on 9 responses on AmbitionBox in last 2 years.

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Average annual salary in Magadh Precision Equipment , Indore is INR . Salary estimates are based on 23 Magadh Precision Equipment latest salaries received from various employees of Magadh Precision Equipment.