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Magna International Assistant Manager salaries in India (Updated 2025)

Annual salary range
7 - 16 years exp.
₹6.6 Lakhs - ₹18 Lakhs
Salary of majority employees
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Fixed (91%)
₹10 Lakhs
Variable (9%)
₹1.1 Lakh
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30% more than the average Assistant Manager Salary in Auto Components Companies for 7 - 16 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Assistant Manager Salary
8 - 16 years exp. (29 salaries)
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₹6.6 L/yr - ₹14.5 L/yr

Procurement & Supply Chain
Assistant Manager Salary
7 - 16 years exp. (18 salaries)
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₹7.5 L/yr - ₹18 L/yr

Quality Assurance
Assistant Manager Salary
8 - 16 years exp. (10 salaries)
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₹7.7 L/yr - ₹12 L/yr

Project & Program Management
Assistant Manager Salary
8 - 16 years exp. (8 salaries)
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₹8 L/yr - ₹13.5 L/yr

Research & Development
Assistant Manager Salary
8 - 15 years exp. (8 salaries)
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₹9 L/yr - ₹12 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Magna International for Assistant Manager

Company name Avg Annual Salary Open Jobs
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Bosch Assistant Manager Salary

2 - 15 years exp. (673 salaries)

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₹5.4 L/yr - ₹19 L/yr

arrow icon 16% more
19 job openings
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Yazaki Assistant Manager Salary

5 - 14 years exp. (392 salaries)

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₹4.8 L/yr - ₹13.8 L/yr

arrow icon 12% less
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Yokogawa Assistant Manager Salary

6 - 13 years exp. (327 salaries)

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₹5.8 L/yr - ₹18.2 L/yr

arrow icon 15% more
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DENSO Assistant Manager Salary

5 - 14 years exp. (269 salaries)

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₹7 L/yr - ₹17.5 L/yr

arrow icon 28% more
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Michelin Assistant Manager Salary

0 - 10 years exp. (177 salaries)

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₹8 L/yr - ₹23.5 L/yr

arrow icon 18% more
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JTEKT Assistant Manager Salary

5 - 18 years exp. (169 salaries)

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₹5.7 L/yr - ₹11.1 L/yr

arrow icon 18% less
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Valeo Assistant Manager Salary

8 - 15 years exp. (108 salaries)

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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 3% more
3 job openings
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Faurecia Assistant Manager Salary

8 - 17 years exp. (97 salaries)

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₹7 L/yr - ₹16.4 L/yr

arrow icon 6% more
4 job openings
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Nexteer Automotive Assistant Manager Salary

8 - 17 years exp. (95 salaries)

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₹7.2 L/yr - ₹18.5 L/yr

arrow icon 18% more
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Bridgestone Assistant Manager Salary

7 - 12 years exp. (93 salaries)

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₹7 L/yr - ₹17.9 L/yr

arrow icon 1% more
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Amara Raja Group Assistant Manager Salary

6 - 15 years exp. (86 salaries)

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₹5.5 L/yr - ₹15.4 L/yr

arrow icon 7% less
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Goodyear Assistant Manager Salary

8 - 15 years exp. (83 salaries)

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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 4% more
1 job opening
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Autoliv Assistant Manager Salary

9 - 15 years exp. (82 salaries)

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₹8.6 L/yr - ₹18 L/yr

arrow icon 31% more
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Lear Corporation Assistant Manager Salary

11 - 18 years exp. (80 salaries)

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₹8 L/yr - ₹21.2 L/yr

arrow icon 25% more
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Bosch Chassis Systems Assistant Manager Salary

6 - 13 years exp. (78 salaries)

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₹5.3 L/yr - ₹16 L/yr

arrow icon 3% more
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ZF Friedrichshafen Assistant Manager Salary

5 - 14 years exp. (66 salaries)

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₹6 L/yr - ₹15.6 L/yr

arrow icon 1% more
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Dana India Assistant Manager Salary

5 - 19 years exp. (64 salaries)

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₹5.8 L/yr - ₹16.6 L/yr

arrow icon 6% less
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ANTOLIN Assistant Manager Salary

7 - 18 years exp. (59 salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 7% less
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Sigma Freudenberg NOK Assistant Manager Salary

6 - 13 years exp. (53 salaries)

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₹5.3 L/yr - ₹11.2 L/yr

arrow icon 18% less
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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 19% more
View all
Assistant Manager salary at Magna International ranges between ₹6.6 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 93 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Assistant Manager

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Experience wise Magna International Assistant Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
7 years  (3 salaries)

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₹8 L/yr - ₹17.2 L/yr
8 years  (11 salaries)

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₹6.9 L/yr - ₹12.5 L/yr
9 years  (12 salaries)

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₹6.6 L/yr - ₹13.2 L/yr
10 years  (19 salaries)

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₹7 L/yr - ₹18 L/yr
11 years  (9 salaries)

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₹7 L/yr - ₹11.8 L/yr
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Similar Designation salaries in Magna International

Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹7.6 L/yr - ₹9.7 L/yr
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₹25 L/yr - ₹46.5 L/yr
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₹21 L/yr - ₹29 L/yr
Team Manager Salary
(4 salaries)
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₹24 L/yr - ₹40 L/yr
Deputy Manager Salary
(32 salaries)
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₹10.8 L/yr - ₹24 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Senior Officer Salary
(6 salaries)
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₹7.25 L/yr - ₹9.1 L/yr
Team Lead Salary
(52 salaries)
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₹7.33 L/yr - ₹13.78 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Top skills at Magna International for Assistant Manager

Sheet Metal Customer Complaints Press Tools Customer Quality Stamping

Salary related reviews for Magna International

4.2

Rated by 14 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 10 Sep 2022

1.0
 for  Salary and Benefits

Likes

Work- Personal life can be balanced. Fixed duty hours. Supportive superiors. On time salary. Transportation and canteen facilities are free.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Salary packages are not as per skills and experience. Very low salary packages as a mnc and also compair to other mnc. Salary structure is not good.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 30 Jan 2024

2.0
 for  Salary and Benefits

Likes

Learning curve was very good at magna, there is lot of opportunities to learn and improve your skill.

  • Skill development - Good
  • +3 more

Dislikes

Salary is very less competitive, I used to get less than market value I guess. Work is culture is not so good, observed partially, favorism and retaliation from the manager. Hard work is not appreciated and recognized.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 21 Nov 2021

1.0
 for  Salary and Benefits

Likes

Change in management is bringing visteon friends only.No internal growth. New joiner will be made fool with high joining salary and then as the years go by there will be no increament given.This management is know for twisting and moulding the rules.

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Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
  • +6 more

Full Time

 · 

Research & Development Department

5.0
  •  posted on 18 Jun 2020

2.0
 for  Salary and Benefits

Likes

Till lockdown magna provided complete salary and support.

  • Skill development - Excellent
  • +3 more

Dislikes

Unfortunately I lost job in this corona crisis. They provided complete assistance to onrolll employees but not for all contract people. So all they lost there job.

read more
  • Salary - Poor

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2023

5.0
 for  Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

read more
  • Salary - Excellent
  • +6 more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

see more salary related reviews

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Magna International Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Magna International ?
The average salary of a Assistant Manager at Magna International in India typically ranges from ₹6.6 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Assistant Manager at Magna International earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Manager Salaries at Magna International 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 90+ Magna International employees in India.
What is the estimated take home salary of a Assistant Manager at Magna International in India?
The estimated take-home salary of a Assistant Manager at Magna International in India typically ranges from ₹79,246 to ₹81,307 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 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 90+ salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Magna International ?
To be a Assistant Manager at Magna International in india, the key skills required include:

  • - Sheet Metal
  • - Customer Complaints
  • - Press Tools
  • - Customer Quality
  • - Stamping

These skills are highly valued at Magna International and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Magna International for Assistant Manager in India?
Autoliv ₹8.6 Lakhs to ₹18.0 Lakhs per year
DENSO ₹7.0 Lakhs to ₹17.5 Lakhs per year
Lear Corporation ₹8.0 Lakhs to ₹21.2 Lakhs per year
Borgwarner Emission System ₹9.5 Lakhs to ₹16.5 Lakhs per year
Michelin ₹8.0 Lakhs to ₹23.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Magna International in India?
The salary of a Assistant Manager at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nexteer Automotive ₹7.2 Lakhs to ₹18.5 Lakhs per year
Bosch ₹5.4 Lakhs to ₹19.0 Lakhs per year
Yokogawa ₹5.8 Lakhs to ₹18.2 Lakhs per year
Schaeffler India ₹7.0 Lakhs to ₹18.8 Lakhs per year
Faurecia ₹7.0 Lakhs to ₹16.4 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 Assistant Manager at Magna International in India?
The salary growth for a Assistant Manager at Magna International depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Magna International:

Experience Average Salary Range
7 years ₹8.0 Lakhs to ₹17.2 Lakhs per year
8 years ₹6.9 Lakhs to ₹12.5 Lakhs per year
9 years ₹6.6 Lakhs to ₹13.2 Lakhs per year
10 years ₹7.0 Lakhs to ₹18.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Assistant Manager salary in India ranges between ₹6.6 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 93 Magna International latest salaries received from various employees of Magna International.