Magna Electro Castings Planning Engineer Salaries by 4 Employees (Updated 2025)

3 - 10 years exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Planning Engineer Salary in Iron & Steel Companies for 3 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Planning Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
Sales & Business Development Planning Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Research & Development Planning Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 18 Nov 2023

Companies similar to Magna Electro Castings for Planning Engineer

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Planning Engineer Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹4.5 L/yr 16% less
Welspun Corp Planning Engineer Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 5% less
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Bharat Forge Planning Engineer Salary 15 - 18 years exp. (4 salaries)	₹5.9 L/yr - ₹6.3 L/yr 74% more
Jindal Steel and Power Planning Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr 44% less
Tata Steel Planning Engineer Salary 11 - 12 years exp. (4 salaries)	₹5.1 L/yr - ₹11 L/yr 84% more
Hindalco Industries Planning Engineer Salary 5 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 44% more
JSW Steel Planning Engineer Salary 1 - 7 years exp. (13 salaries)	₹3.1 L/yr - ₹6 L/yr 29% more
Thermax Limited Planning Engineer Salary 1 - 8 years exp. (46 salaries)	₹3 L/yr - ₹8.8 L/yr 64% more
Siemens Planning Engineer Salary 0 - 10 years exp. (9 salaries)	₹7 L/yr - ₹16.3 L/yr 218% more
Bharat Wire Ropes Planning Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.2 L/yr 11% less
Electrotherm Planning Engineer Salary 2 - 7 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr 10% more
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Salasar Techno Engineering Planning Engineer Salary 4 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹7 L/yr 45% more

Planning Engineer salary at Magna Electro Castings ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Magna Electro Castings.

Experience wise Magna Electro Castings Planning Engineer salaries

Last Updated: 18 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Magna Electro Castings

Senior Engineer Salary

(18 salaries)

₹3.1 L/yr - ₹7.8 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Deputy Manager Salary

(3 salaries)

₹5.6 L/yr - ₹9.3 L/yr

Salary related reviews for Magna Electro Castings

5.0

Rated by 1 employees for salary & benefits

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.

Salary - Good

+1 more

Dislikes

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

Promotions - Poor

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

Salary - Good

+3 more

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magna Electro Castings Planning Engineer Salary FAQs

What is the salary of Planning Engineer at Magna Electro Castings?

Planning Engineer salary at Magna Electro Castings in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 46% less than the average Planning Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna Electro Castings India.

How does the salary of a Planning Engineer at Magna Electro Castings India compare with the average salary range for this job?

The average salary of a Planning Engineer at Magna Electro Castings is 46% less than the average salary of a Planning Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna Electro Castings to a Planning Engineer in India?

Siemens Planning Engineer Salary - ₹7.0 Lakhs to ₹16.3 Lakhs per year
Tata Steel Planning Engineer Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
Bharat Forge Planning Engineer Salary - ₹5.9 Lakhs to ₹6.3 Lakhs per year
Thermax Limited Planning Engineer Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year
Salasar Techno Engineering Planning Engineer Salary - ₹4.2 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Planning Engineer in companies similar to Magna Electro Castings in India?

Hindalco Industries Planning Engineer Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
JSW Steel Planning Engineer Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
Electrotherm Planning Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Welspun Corp Planning Engineer Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
Bharat Wire Ropes Planning Engineer Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Planning Engineer at Magna Electro Castings in India?

The estimated take-home salary of a Planning Engineer at Magna Electro Castings ranges between ₹25,916 per month to ₹27,341 per month in India. The take-home salary calculation is based on the average Magna Electro Castings Planning Engineer salary in India which ranges between ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Planning Engineer at Magna Electro Castings?

According to AmbitionBox, 100% of the Magna Electro Castings Planning Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magna Electro Castings Planning Engineer Salaries

Magna Electro Castings Planning Engineer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.