Magna International Associate Engineer Salaries by 10+ Employees (Updated 2025)

1 - 3 years exp.

₹4.8 Lakhs - ₹9 Lakhs

Salary of majority employees

10% more than the average Associate Engineer Salary in Auto Components Companies for 1 - 3 years of experience

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Salaries in different departments

Research & Development Associate Engineer Salary 1 - 3 years exp. (7 salaries)	₹4.8 L/yr - ₹7.3 L/yr
Engineering - Software & QA Associate Engineer Salary 1 - 3 years exp. (6 salaries)	₹5.2 L/yr - ₹9 L/yr
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Production, Manufacturing & Engineering Associate Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr

Last Updated: 18 Mar 2025

Companies similar to Magna International for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Yokogawa Associate Engineer Salary 2 - 10 years exp. (86 salaries)	₹1.9 L/yr - ₹6 L/yr 27% less
Continental Automotive Components Associate Engineer Salary 0 - 3 years exp. (52 salaries)	₹5 L/yr - ₹8 L/yr 17% more
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Bosch Associate Engineer Salary 0 - 2 years exp. (21 salaries)	₹2.2 L/yr - ₹7.5 L/yr 18% less
Yazaki Associate Engineer Salary 0 - 3 years exp. (20 salaries)	₹1.6 L/yr - ₹3.2 L/yr 63% less
JTEKT Associate Engineer Salary 0 - 5 years exp. (16 salaries)	₹1.6 L/yr - ₹3.6 L/yr 55% less
Michelin Associate Engineer Salary 11 - 18 years exp. (15 salaries)	₹5.5 L/yr - ₹7.8 L/yr 12% more
Continental Associate Engineer Salary 1 - 2 years exp. (9 salaries)	₹4.4 L/yr - ₹9.3 L/yr 10% less
Dana India Associate Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.2 L/yr - ₹5.8 L/yr 33% less
Borgwarner Emission System Associate Engineer Salary 0 - 4 years exp. (7 salaries)	₹7.3 L/yr - ₹8.8 L/yr 29% more
Faurecia Associate Engineer Salary 1 - 6 years exp. (7 salaries)	₹2.9 L/yr - ₹5 L/yr 44% less
Lear Corporation Associate Engineer Salary 2 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 51% less
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Bosch Chassis Systems Associate Engineer Salary 2 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹6.1 L/yr 25% less
Hitachi Automotive Systems Associate Engineer Salary 1 - 5 years exp. (5 salaries)	₹1.7 L/yr - ₹2.8 L/yr 65% less
Schaeffler India Associate Engineer Salary 1 - 2 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 1% less
Valeo Associate Engineer Salary 2 - 4 years exp. (4 salaries)	₹9.1 L/yr - ₹11.2 L/yr 70% more
ZF India Technology Center Associate Engineer Salary 0 - 4 years exp. (3 salaries)	₹5.5 L/yr - ₹8.7 L/yr 18% more

Associate Engineer salary at Magna International ranges between ₹4.8 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 15 latest salaries received from various employees of Magna International.

Experience wise Magna International Associate Engineer salaries

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹4.8 L/yr - ₹6.3 L/yr
2 years (5 salaries)	₹5.2 L/yr - ₹7.3 L/yr
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3 years (4 salaries)	₹5.2 L/yr - ₹9 L/yr

Similar Designation salaries in Magna International

Software Engineer Salary

(115 salaries)

₹5 L/yr - ₹13 L/yr

Project Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.7 L/yr

System Engineer Salary

(19 salaries)

₹5.13 L/yr - ₹20.44 L/yr

Senior Engineer Salary

(87 salaries)

₹4.2 L/yr - ₹16.5 L/yr

Lead Engineer Salary

(135 salaries)

₹7.8 L/yr - ₹21 L/yr

Associate Software Engineer Salary

(4 salaries)

₹5.2 L/yr - ₹15 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Senior Software Engineer Salary

(94 salaries)

₹6.5 L/yr - ₹24.41 L/yr

Software Developer Salary

(26 salaries)

₹5.5 L/yr - ₹21 L/yr

Technical Lead Salary

(55 salaries)

₹16.5 L/yr - ₹46.37 L/yr

Salary related reviews for Magna International

Senior Software Developer in Pune

Engineering - Software & QA Department

4.0

• posted on 14 Mar 2022

3.0

for Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

Job security - Excellent

+3 more

Dislikes

Company is not so keen on employee's skill development.

Senior Engineer- Maintenance in Talegaon Dabhade

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.

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.

Salary - Bad

+1 more

Stamping Simulation Engineer (Process Engineer) in Pune

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.

Salary - Poor

+2 more

Senior Test Lead in Pune

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.

Dislikes

Everything.no growth or oppurtunity.No increments.

Salary - Bad

+6 more

Design Engineer in Pune

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.

Salary - Poor

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Magna International Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Magna International ?

The average salary of a Associate Engineer at Magna International in India typically ranges from ₹4.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Associate Engineer at Magna International earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Associate Engineer 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 10+ Magna International employees in India.

What is the estimated take home salary of a Associate Engineer at Magna International in India?

The estimated take-home salary of a Associate Engineer at Magna International in India typically ranges from ₹46,002 to ₹47,093 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 10+ salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magna International for Associate Engineer in India?

Valeo	₹9.1 Lakhs to ₹11.2 Lakhs per year
Borgwarner Emission System	₹7.3 Lakhs to ₹8.8 Lakhs per year
ZF India Technology Center	₹5.5 Lakhs to ₹8.7 Lakhs per year
Continental Automotive Components	₹5.0 Lakhs to ₹8.0 Lakhs per year
Michelin	₹5.5 Lakhs to ₹7.8 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 Associate Engineer in companies similar to Magna International in India?

The salary of a Associate Engineer at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Schaeffler India	₹5.4 Lakhs to ₹6.9 Lakhs per year
Continental	₹4.4 Lakhs to ₹9.3 Lakhs per year
Bosch	₹2.2 Lakhs to ₹7.5 Lakhs per year
Bosch Chassis Systems	₹3.5 Lakhs to ₹6.1 Lakhs per year
Yokogawa	₹1.9 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.

How the salary growth look like for a Associate Engineer at Magna International in India?

The salary growth for a Associate Engineer at Magna International depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
1 year	₹4.8 Lakhs to ₹6.3 Lakhs per year
2 years	₹5.2 Lakhs to ₹7.3 Lakhs per year
3 years	₹5.2 Lakhs to ₹9.0 Lakhs per year

and so on.

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Magna International Associate Engineer Salaries

Magna International Associate Engineer salary in India ranges between ₹4.8 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Magna International latest salaries received from various employees of Magna International.