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Magna Electro Castings Production Manager salaries in India

Annual salary range
12 - 16 years exp.
₹6 Lakhs - ₹11 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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42% less than the average Production Manager Salary in Iron & Steel Companies for 12 - 16 years of experience

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Last Updated: 25 Nov 2023

Companies similar to Magna Electro Castings for Production Manager

Company name Avg Annual Salary Open Jobs
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Tata Steel Production Manager Salary

5 - 14 years exp. (63 salaries)

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₹5.3 L/yr - ₹22 L/yr

arrow icon 60% more
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JSW Steel Production Manager Salary

13 - 16 years exp. (40 salaries)

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₹6.7 L/yr - ₹20.5 L/yr

arrow icon 67% more
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Jindal Saw Production Manager Salary

10 - 26 years exp. (26 salaries)

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₹7.8 L/yr - ₹19 L/yr

arrow icon 48% more
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Jindal Stainless Production Manager Salary

12 - 19 years exp. (21 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 84% more
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Kalyani Forge Production Manager Salary

12 - 28 years exp. (10 salaries)

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₹3.7 L/yr - ₹9.1 L/yr

arrow icon 12% less
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Electrotherm Production Manager Salary

16 - 29 years exp. (6 salaries)

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₹9.7 L/yr - ₹16 L/yr

arrow icon 68% more
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Bharat Wire Ropes Production Manager Salary

15 - 20 years exp. (5 salaries)

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₹6.7 L/yr - ₹10 L/yr

arrow icon 18% more
1 job opening
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₹6 L/yr - ₹8.4 L/yr

arrow icon 7% less
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ESL Steel Production Manager Salary

6 - 16 years exp. (4 salaries)

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₹12 L/yr - ₹15.5 L/yr

arrow icon 81% more
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Jai Balaji Group Production Manager Salary

9 - 27 years exp. (4 salaries)

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₹5 L/yr - ₹11.1 L/yr

arrow icon 6% less
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₹9.7 L/yr - ₹14.1 L/yr

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NELCAST Production Manager Salary

13 - 22 years exp. (3 salaries)

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₹6 L/yr - ₹8.1 L/yr

arrow icon 15% less
Production Manager salary at Magna Electro Castings ranges between ₹6 Lakhs to ₹11 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Magna Electro Castings.

Latest annual salaries shared by Magna Electro Castings Production Manager

1y ago
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16 years exp.
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15 years exp.
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16 years exp.
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12 years exp.

Experience wise Magna Electro Castings Production Manager salaries

Last Updated: 25 Nov 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹6 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
15+ years  (4 salaries)

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₹8 L/yr - ₹11 L/yr

Similar Designation salaries in Magna Electro Castings

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₹1.6 L/yr - ₹3.6 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Senior Production Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Deputy Manager Salary
(3 salaries)
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₹5.6 L/yr - ₹9.3 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Senior Production Engineer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Senior Engineer Salary
(18 salaries)
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₹3.1 L/yr - ₹7.8 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Magna Electro Castings

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.

read 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

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

read more
  • 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

read more
see more salary related reviews

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Magna Electro Castings Production Manager Salary FAQs

What is the salary of Production Manager at Magna Electro Castings ?
The average salary of a Production Manager at Magna Electro Castings in India typically ranges from ₹6.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Production Manager at Magna Electro Castings earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Production Manager 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 5 Magna Electro Castings employees in India.
What is the estimated take home salary of a Production Manager at Magna Electro Castings in India?
The estimated take-home salary of a Production Manager at Magna Electro Castings in India typically ranges from ₹57,967 to ₹59,427 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 12 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Magna Electro Castings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magna Electro Castings for Production Manager in India?
Jindal Stainless ₹10.0 Lakhs to ₹20.0 Lakhs per year
ESL Steel ₹12.0 Lakhs to ₹15.5 Lakhs per year
Electrotherm ₹9.7 Lakhs to ₹16.0 Lakhs per year
JSW Steel ₹6.7 Lakhs to ₹20.5 Lakhs per year
Tata Steel ₹5.3 Lakhs to ₹22.0 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.
What is the salary of a Production Manager in companies similar to Magna Electro Castings in India?
The salary of a Production Manager at companies similar to Magna Electro Castings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Steel Authority Of India ₹9.7 Lakhs to ₹14.1 Lakhs per year
Jindal Saw ₹7.8 Lakhs to ₹19.0 Lakhs per year
Bharat Wire Ropes ₹6.7 Lakhs to ₹10.0 Lakhs per year
Jai Balaji Group ₹5.0 Lakhs to ₹11.1 Lakhs per year
Salasar Techno Engineering ₹6.0 Lakhs to ₹8.4 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.
How the salary growth look like for a Production Manager at Magna Electro Castings in India?
The salary growth for a Production Manager at Magna Electro Castings depends on factors such as experience, performance, and promotions. On average, a Production Manager can expect the following growth trajectory at Magna Electro Castings:

Experience Average Salary Range
12 years ₹6.0 Lakhs to ₹6.0 Lakhs per year
13 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
14 years ₹7.0 Lakhs to ₹9.0 Lakhs per year
15 years ₹8.0 Lakhs to ₹11.0 Lakhs per year
and so on.

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Magna Electro Castings Production Manager salary in India ranges between ₹6 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.