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Annual salary range
2 - 4 years exp.
₹3.6
Lakhs - ₹6
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Design Engineer Salary in Auto Components Companies for 2 - 4 years of experience
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Companies similar to Magna International for Design Engineer in Chennai
Magna International
Design Engineer Salary
2 - 4 years exp. (5 salaries) |  ₹3.6 L/yr - ₹6 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Design Engineer Salary
1 - 5 years exp. (6 salaries) |  ₹2 L/yr - ₹6 L/yr 
9%
more | |
 Mahindra & Mahindra Design Engineer Salary
1 - 7 years exp. (303 salaries) | ₹1.5 L/yr - ₹9.2 L/yr
12%
more | |
Login to view exact salary
| ||
 Ashok Leyland Design Engineer Salary
0 - 7 years exp. (312 salaries) | ₹1.5 L/yr - ₹8 L/yr 
17%
less | |
 Bosch Design Engineer Salary
1 - 6 years exp. (12 salaries) | ₹2.2 L/yr - ₹7.6 L/yr
2%
more | |
 Hero MotoCorp Design Engineer Salary
3 - 5 years exp. (3 salaries) | ₹4 L/yr - ₹9.1 L/yr
56%
more | |
 TVS Motor Design Engineer Salary
1 - 6 years exp. (16 salaries) | ₹2 L/yr - ₹6 L/yr
26%
less | |
 Renault-Nissan Design Engineer Salary
3 - 7 years exp. (58 salaries) | ₹3.3 L/yr - ₹9 L/yr
9%
more | |
 Ford Business Solutions Design Engineer Salary
1 - 9 years exp. (20 salaries) | ₹2.4 L/yr - ₹10.2 L/yr
23%
more | |
 Valeo Design Engineer Salary
1 - 8 years exp. (193 salaries) | ₹4.1 L/yr - ₹12.1 L/yr
58%
more | |
 Yazaki Design Engineer Salary
0 - 4 years exp. (32 salaries) | ₹1.8 L/yr - ₹6 L/yr
34%
less | |
 Amara Raja Group Design Engineer Salary
0 - 10 years exp. (6 salaries) | ₹3.5 L/yr - ₹11 L/yr
32%
more | |
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| ||
 Michelin Design Engineer Salary
5 years exp. (3 salaries) | ₹8.7 L/yr - ₹14.7 L/yr
80%
more | |
Design Engineer salary at Magna International ranges between ₹3.6
Lakhs
to ₹6
Lakhs
per year for employees with experience between 2 years to 4 years. Salary
estimates are based on
5 latest salaries received
from various employees of Magna International.
Latest annual salaries shared by Magna International Design Engineer in Chennai
1y ago
3
years
exp.
1y ago
4
years
exp.
1y ago
3
years
exp.
1y ago
2
years
exp.
Experience wise Magna International Design Engineer salaries in Chennai
Last Updated: 13 Jun 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹3.6
L/yr
|
| 3 years (3 salaries) |
₹4
L/yr
- ₹6
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹10.1
L/yr
|
Similar Designation salaries in Magna International
Top skills at Magna International for Design Engineer
Powertrain
PCB Layout
Automotive Engineering
Quality Check
Design development
Simulation
PLM
PFMEA
Automotive
ModelSim
Mechatronics
Architecture
Data Cleansing
CATIA
PLM Teamcenter
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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Magna International Design Engineer Salary FAQs
What is the salary of Design Engineer at Magna International Chennai?
Design Engineer salary at Magna International in Chennai ranges between ₹3.6 Lakhs to ₹6.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 2% less than the average Design Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magna International Chennai.
How does the salary of a Design Engineer at Magna International Chennai compare with the average salary range for this job?
The average salary of a Design Engineer at Magna International is 2% less than the average salary of a Design Engineer in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Design Engineer at Magna International?
Powertrain, PCB Layout, Automotive Engineering, Quality Check and Design development are some of the popular skills required to work as a Design Engineer at Magna International Chennai.
Which similar companies are paying more than Magna International to a Design Engineer in Chennai?
- Michelin Design Engineer Salary - ₹8.7 Lakhs to ₹14.7 Lakhs per year
- Valeo Design Engineer Salary - ₹4.1 Lakhs to ₹12.1 Lakhs per year
- Hero MotoCorp Design Engineer Salary - ₹4.0 Lakhs to ₹9.1 Lakhs per year
- Amara Raja Group Design Engineer Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
- Ford Business Solutions Design Engineer Salary - ₹2.4 Lakhs to ₹10.2 Lakhs per year
What is the salary of a Design Engineer in companies similar to Magna International in Chennai?
- Mahindra & Mahindra Design Engineer Salary - ₹1.5 Lakhs to ₹9.2 Lakhs per year
- Renault-Nissan Design Engineer Salary - ₹3.3 Lakhs to ₹9.0 Lakhs per year
- Tata Motors Design Engineer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
- Bosch Design Engineer Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year
- Ashok Leyland Design Engineer Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Design Engineer at Magna International in Chennai?
The estimated take-home salary of a Design Engineer at Magna International ranges between ₹38,150 per month to ₹39,343 per month in Chennai. The take-home salary calculation is based on the average Magna International Design Engineer salary in India which ranges between ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
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Magna International Design Engineer salary
in
Chennai
ranges between ₹3.6
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Magna International latest salaries received from various employees of
Magna International.