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Magna International Commercial Manager salaries in India

Annual salary range
9 - 14 years exp.
₹11.5 Lakhs - ₹18 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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25% more than the average Commercial Manager Salary in Auto Components Companies for 9 - 14 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Magna International for Commercial Manager

Company name Avg Annual Salary Open Jobs
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Bosch Commercial Manager Salary

1 - 22 years exp. (7 salaries)

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₹14.6 L/yr - ₹16 L/yr

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Reliance Retail Commercial Manager Salary

1 - 12 years exp. (216 salaries)

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₹1.8 L/yr - ₹7.8 L/yr

arrow icon 75% less
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Reliance Digital Commercial Manager Salary

3 - 10 years exp. (66 salaries)

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₹1.2 L/yr - ₹5.1 L/yr

arrow icon 79% less
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BT Business Commercial Manager Salary

6 - 16 years exp. (65 salaries)

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₹6.5 L/yr - ₹18.6 L/yr

arrow icon 23% less
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BT Group Commercial Manager Salary

5 - 13 years exp. (52 salaries)

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₹4.7 L/yr - ₹14.9 L/yr

arrow icon 35% less
Commercial Manager salary at Magna International ranges between ₹11.5 Lakhs to ₹18 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Commercial Manager

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12 years exp.
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14 years exp.
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10 years exp.
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9 years exp.

Experience wise Magna International Commercial Manager salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.2 L/yr
10 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr
14 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in Magna International

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₹14 L/yr - ₹23 L/yr
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₹21 L/yr - ₹29 L/yr
Deputy Manager Salary
(32 salaries)
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₹10.8 L/yr - ₹24 L/yr
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₹1.8 L/yr - ₹10 L/yr
Senior Engineer Salary
(87 salaries)
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₹4.2 L/yr - ₹16.5 L/yr
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₹2.5 L/yr - ₹6 L/yr
Team Lead Salary
(52 salaries)
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₹7.33 L/yr - ₹13.78 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹42.3 L/yr - ₹54.1 L/yr
Manager Materials Salary
(AmbitionBox Estimate)
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₹15.6 L/yr - ₹19.9 L/yr
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₹3 L/yr - ₹6.7 L/yr

Salary related reviews for Magna International

2.0

Rated by 1 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

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Magna International Commercial Manager Salary FAQs

What is the salary of Commercial Manager at Magna International ?
The average salary of a Commercial Manager at Magna International in India typically ranges from ₹11.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Commercial Manager at Magna International earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Commercial 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 4 Magna International employees in India.
What is the estimated take home salary of a Commercial Manager at Magna International in India?
The estimated take-home salary of a Commercial Manager at Magna International in India typically ranges from ₹1,03,535 to ₹1,06,371 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 9 years to 14 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 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Commercial Manager in companies similar to Magna International in India?
The salary of a Commercial Manager at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bosch ₹14.6 Lakhs to ₹16.0 Lakhs per year
BT Business ₹6.5 Lakhs to ₹18.6 Lakhs per year
BT Group ₹4.7 Lakhs to ₹14.9 Lakhs per year
Reliance Retail ₹1.8 Lakhs to ₹7.8 Lakhs per year
Reliance Digital ₹1.2 Lakhs to ₹5.1 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 Commercial Manager at Magna International in India?
The salary growth for a Commercial Manager at Magna International depends on factors such as experience, performance, and promotions. On average, a Commercial Manager can expect the following growth trajectory at Magna International:

Experience Average Salary Range
9 years ₹10.4 Lakhs to ₹13.2 Lakhs per year
10 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
12 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
14 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
and so on.

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Magna International Commercial Manager salary in India ranges between ₹11.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.