Magna Electro Castings Foundry Manager Salaries by 3 Employees (Updated 2024)

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₹9.5 Lakhs - ₹12.1 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Foundry Manager Salary in Iron & Steel Companies for 18 years of experience

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Last Updated: 4 Mar 2023

Companies similar to Magna Electro Castings for Foundry Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Foundry Manager Salary 10 - 30 years exp. (3 salaries)	₹8.5 L/yr - ₹17 L/yr 19% more
Ptc Industries Foundry Manager Salary 5 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹8.8 L/yr 29% less
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Goyal & Co. Foundry Manager Salary 8 - 12 years exp. (4 salaries)	₹5.4 L/yr - ₹10 L/yr 23% less
Magma Mettcast Foundry Manager Salary 17 - 18 years exp. (4 salaries)	₹8.3 L/yr - ₹8.5 L/yr 20% less
A. K. Ispat Udyog Foundry Manager Salary 3 - 7 years exp. (4 salaries)	₹1.4 L/yr - ₹2.6 L/yr 84% less

Foundry Manager salary at Magna Electro Castings ranges between ₹9.5 Lakhs to ₹12.1 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Magna Electro Castings.

Experience wise Magna Electro Castings Foundry Manager salaries

Last Updated: 4 Mar 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹9.5 L/yr - ₹12.1 L/yr
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Similar Designation salaries in Magna Electro Castings

Deputy Manager Salary

(3 salaries)

₹5.6 L/yr - ₹9.3 L/yr

Production Manager Salary

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₹6 L/yr - ₹11 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Junior Engineer Salary

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₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

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₹3.1 L/yr - ₹7.8 L/yr

Supervisor Salary

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₹2.4 L/yr - ₹3 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Production Engineer Salary

(11 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Assistant General Manager Salary

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₹17 L/yr - ₹21.7 L/yr

Salary related reviews for Magna Electro Castings

Senior Engineer in Coimbatore

Quality Assurance Department

4.0

• posted on 11 Nov 2021

4.0

for Salary and Benefits

Likes

Will get salary on time of every month. Covid precautions found satisfactory. Self learning opportunities more.

Dislikes

Very less promosions for long working people. Should identify skills required for the people and should promoted.

Assistant Manager Foundry Production in Coimbatore

Production, Manufacturing & Engineering Department

4.0

• posted on 13 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment, company policies are good, appraisal are fare, they give good salary and bonus every year

Dislikes

There is a lot pressure in work, always atten meeting in our working hours can't work in on the job issues, every day work more than 10 hours

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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 Foundry Manager Salaries

Magna Electro Castings Foundry Manager salary in India ranges between ₹9.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.

Magna Electro Castings Foundry Manager salaries in India

Companies similar to Magna Electro Castings for Foundry Manager

Latest annual salaries shared by Magna Electro Castings Foundry Manager

Experience wise Magna Electro Castings Foundry Manager salaries

Similar Designation salaries in Magna Electro Castings

Salary related reviews for Magna Electro Castings

Senior Engineer in Coimbatore

Assistant Manager Foundry Production in Coimbatore

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