Magna Electro Castings Coimbatore Research & Development Salaries by 30+ Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
new Product Development Engineer 0 - 6 years exp. · Coimbatore (7 salaries)	₹1.5 L/yr - ₹4 L/yr
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Design Engineer 7 - 11 years exp. · Coimbatore (4 salaries)	₹3.5 L/yr - ₹3.6 L/yr
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Product Development Engineer 10 - 21 years exp. · Coimbatore (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr
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Project Engineer 3 - 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Automation Engineer 6 - 8 years exp. · Coimbatore (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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Metallurgist 3 - 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Junior Engineer 5 - 6 years exp. · Coimbatore (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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NPD Engineer 1 year exp. · Coimbatore (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Planning Engineer 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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CNC Programmer 6 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Development Engineer 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Assistant Engineer 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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Cadd Engineer 1 year exp. · Coimbatore (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Design and Simulation Engineer 6 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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PLC Maintenance Engineer 11 years exp. · Coimbatore (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna Electro Castings interview questions by designations

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Magna Electro Castings Salary FAQs

What is the notice period at Magna Electro Castings in Research & Development Department in Coimbatore?

According to AmbitionBox, 67% of the Magna Electro Castings employees in Research & Development Department in Coimbatore reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Magna Electro Castings , Coimbatore is INR . Salary estimates are based on 30 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.