Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary33% less than the average Production Engineer Salary in Iron & Steel Companies for 2 - 8 years of experience
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Companies similar to Magna Electro Castings for Production Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Steel Production Engineer Salary
1 - 9 years exp. (99 salaries) |  ₹1.8 L/yr - ₹10 L/yr 
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more | |
 JSW Steel Production Engineer Salary
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| ||
 Electrotherm Production Engineer Salary
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| ||
 Jtl Infra Production Engineer Salary
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 Steel Authority Of India Production Engineer Salary
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 Sudal Industries Production Engineer Salary
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 Vardhman Special Steels Production Engineer Salary
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Latest annual salaries shared by Magna Electro Castings Production Engineer
Experience wise Magna Electro Castings Production Engineer salaries
Last Updated: 16 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹3.6
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹3.9
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹1
L/yr
- ₹3.5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹4.7
L/yr
|
| 6 years (3 salaries) |
₹2.5
L/yr
- ₹3.6
L/yr
|
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Magna Electro Castings Production Engineer Salary FAQs
The top 10% of Production Engineer at Magna Electro Castings earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Production Engineer Salaries at Magna Electro Castings can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 10+ Magna Electro Castings employees in India.
| Vardhman Special Steels | ₹6.2 Lakhs to ₹7.2 Lakhs per year |
| ESL Steel | ₹4.7 Lakhs to ₹10.5 Lakhs per year |
| Jindal Stainless | ₹2.8 Lakhs to ₹8.7 Lakhs per year |
| Tata Steel | ₹1.8 Lakhs to ₹10.0 Lakhs per year |
| Rajratan Global Wire | ₹3.5 Lakhs to ₹7.2 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Electro Castings, depending on the role and experience level.
| Jindal Saw | ₹3.0 Lakhs to ₹6.2 Lakhs per year |
| Electrotherm | ₹2.4 Lakhs to ₹6.5 Lakhs per year |
| NELCAST | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
| JSW Steel | ₹3.0 Lakhs to ₹8.5 Lakhs per year |
| Jtl Infra | ₹3.0 Lakhs to ₹6.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹1.6 Lakhs to ₹3.6 Lakhs per year |
| 3 years | ₹1.6 Lakhs to ₹3.9 Lakhs per year |
| 4 years | ₹1.0 Lakhs to ₹3.5 Lakhs per year |
| 5 years | ₹2.0 Lakhs to ₹4.7 Lakhs per year |
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Magna Electro Castings Production Engineer salary
in
India
ranges between ₹1.6
Lakh to ₹3.6
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Magna Electro Castings latest salaries received from various employees of
Magna Electro Castings.