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

7 - 16 years exp.

₹8.5 Lakhs - ₹15 Lakhs

Salary of majority employees

5% less than the average Lead Design Engineer Salary in Auto Components Companies for 7 - 16 years of experience

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Salaries in different departments

Research & Development Lead Design Engineer Salary 7 - 14 years exp. (8 salaries)	₹8.5 L/yr - ₹15 L/yr
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Engineering - Software & QA Lead Design Engineer Salary 8 - 10 years exp. (3 salaries)	₹10.5 L/yr - ₹13 L/yr

Last Updated: 11 Nov 2024

Companies similar to Magna International for Lead Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Lead Design Engineer Salary 5 - 15 years exp. (3 salaries)	₹11.5 L/yr - ₹17 L/yr 9% more
Mahindra & Mahindra Lead Design Engineer Salary 7 - 16 years exp. (30 salaries)	₹12 L/yr - ₹20 L/yr 34% more
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Faurecia Lead Design Engineer Salary 7 - 14 years exp. (20 salaries)	₹8 L/yr - ₹14.1 L/yr 10% less
Yokogawa Lead Design Engineer Salary 8 - 14 years exp. (5 salaries)	₹8 L/yr - ₹12 L/yr 24% less
Valeo Lead Design Engineer Salary 10 - 14 years exp. (5 salaries)	₹10.1 L/yr - ₹22 L/yr 30% more
Lear Corporation Lead Design Engineer Salary 6 - 11 years exp. (4 salaries)	₹9.7 L/yr - ₹10.5 L/yr 18% less
Tenneco Lead Design Engineer Salary 5 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹12 L/yr 31% less
Autoliv Lead Design Engineer Salary 10 - 13 years exp. (3 salaries)	₹9 L/yr - ₹17.5 L/yr 6% more

Lead Design Engineer salary at Magna International ranges between ₹8.5 Lakhs to ₹15 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 14 latest salaries received from various employees of Magna International.

Experience wise Magna International Lead Design Engineer salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹20.7 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹21.1 L/yr
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9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹14 L/yr
10 years (5 salaries)	₹10 L/yr - ₹21.9 L/yr
11 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹5.3 L/yr - ₹15 L/yr

View all

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Process Engineer Salary

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₹2.4 L/yr - ₹7 L/yr

Assistant Engineer Salary

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Mechanical Engineer Salary

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₹1.2 L/yr - ₹5.75 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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

Design Engineer in Om Chambers, Bhosari, Pune

Research & Development Department

1.0

• posted on 18 May 2022

1.0

for Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

Salary - Bad

+6 more

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Magna International Lead Design Engineer Salary FAQs

What is the salary of Lead Design Engineer at Magna International?

Lead Design Engineer salary at Magna International in India ranges between ₹8.5 Lakhs to ₹15.0 Lakhs for experience between 7 years to 16 years. According to our estimates it is 5% less than the average Lead Design Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Magna International India.

How does the salary of a Lead Design Engineer at Magna International India compare with the average salary range for this job?

The average salary of a Lead Design Engineer at Magna International is 5% less than the average salary of a Lead Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Lead Design Engineer in India?

Mahindra & Mahindra Lead Design Engineer Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Valeo Lead Design Engineer Salary - ₹10.1 Lakhs to ₹22.0 Lakhs per year
Tata Motors Lead Design Engineer Salary - ₹11.5 Lakhs to ₹17.0 Lakhs per year
Autoliv Lead Design Engineer Salary - ₹9.0 Lakhs to ₹17.5 Lakhs per year

What is the salary of a Lead Design Engineer in companies similar to Magna International in India?

Faurecia Lead Design Engineer Salary - ₹8.0 Lakhs to ₹14.1 Lakhs per year
Lear Corporation Lead Design Engineer Salary - ₹9.7 Lakhs to ₹10.5 Lakhs per year
Yokogawa Lead Design Engineer Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Tenneco Lead Design Engineer Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Lead Design Engineer at Magna International ranges between ₹88,412 per month to ₹90,733 per month in India. The take-home salary calculation is based on the average Magna International Lead Design Engineer salary in India which ranges between ₹8.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Lead Design Engineer at Magna International?

According to AmbitionBox, 78% of the Magna International Lead Design Engineers reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Magna International Lead Design Engineer Salaries

Magna International Lead Design Engineer salary in India ranges between ₹8.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Magna International latest salaries received from various employees of Magna International.