Magadh Precision Equipment Indore Research & Development Salaries by 4 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Design Engineer 3 - 8 years exp. · Indore (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 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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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Salary related reviews for Magadh Precision Equipment

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.

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 .

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.

Dislikes

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

see more salary related reviews

Know more about Magadh Precision Equipment Indore

Magadh Precision Equipment Salary FAQs

What is the notice period at Magadh Precision Equipment in Research & Development Department in Indore?

According to AmbitionBox, 100% of the Magadh Precision Equipment employees in Research & Development Department in Indore reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Magadh Precision Equipment , Indore is INR . Salary estimates are based on 4 Magadh Precision Equipment latest salaries received from various employees of Magadh Precision Equipment.