Magna International Lead Engineer Salaries by 100+ Employees (Updated 2025)

7 - 13 years exp.

₹7.8 Lakhs - ₹21 Lakhs

Salary of majority employees

At par with the average Lead Engineer Salary in Auto Components Companies for 7 - 13 years of experience

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Salaries in different departments

Research & Development Lead Engineer Salary 7 - 13 years exp. (56 salaries)	₹7.8 L/yr - ₹21 L/yr
Engineering - Software & QA Lead Engineer Salary 7 - 13 years exp. (28 salaries)	₹8.3 L/yr - ₹20.3 L/yr
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Production, Manufacturing & Engineering Lead Engineer Salary 8 - 12 years exp. (8 salaries)	₹8.4 L/yr - ₹20 L/yr
Customer Success, Service & Operations Lead Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
Product Management Lead Engineer Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹18 L/yr

Last Updated: 28 Feb 2025

Companies similar to Magna International for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Lead Engineer Salary 6 - 12 years exp. (9 salaries)	₹11.7 L/yr - ₹22 L/yr 7% more
Bosch Lead Engineer Salary 6 - 12 years exp. (56 salaries)	₹12 L/yr - ₹28.5 L/yr 42% more
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Mahindra & Mahindra Lead Engineer Salary 2 - 17 years exp. (673 salaries)	₹9 L/yr - ₹28.5 L/yr 16% more
Ashok Leyland Lead Engineer Salary 9 - 21 years exp. (7 salaries)	₹6.6 L/yr - ₹9 L/yr 43% less
Maruti Suzuki Lead Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹14.2 L/yr 44% less
TVS Motor Lead Engineer Salary 9 - 11 years exp. (4 salaries)	₹35.5 L/yr - ₹42.5 L/yr 153% more
Renault-Nissan Lead Engineer Salary 7 - 11 years exp. (5 salaries)	₹5.8 L/yr - ₹10 L/yr 53% less
Ford Business Solutions Lead Engineer Salary 6 - 13 years exp. (25 salaries)	₹7.5 L/yr - ₹23.5 L/yr 4% less
Hyundai Motor India Limited Lead Engineer Salary 9 - 10 years exp. (3 salaries)	₹9 L/yr - ₹27 L/yr 4% less
Valeo Lead Engineer Salary 6 - 13 years exp. (118 salaries)	₹8.9 L/yr - ₹29 L/yr 34% more
Faurecia Lead Engineer Salary 9 - 13 years exp. (92 salaries)	₹9.4 L/yr - ₹28 L/yr 11% more	1 job opening
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Lear Corporation Lead Engineer Salary 7 - 14 years exp. (89 salaries)	₹10 L/yr - ₹23 L/yr 12% more
Nexteer Automotive Lead Engineer Salary 6 - 10 years exp. (46 salaries)	₹12.7 L/yr - ₹33 L/yr 38% more
Autoliv Lead Engineer Salary 9 - 13 years exp. (30 salaries)	₹11.5 L/yr - ₹19.3 L/yr 9% less
Yokogawa Lead Engineer Salary 7 - 15 years exp. (23 salaries)	₹6.7 L/yr - ₹18 L/yr 27% less
Michelin Lead Engineer Salary 2 - 13 years exp. (19 salaries)	₹2.7 L/yr - ₹6.6 L/yr 71% less
Tenneco Lead Engineer Salary 7 - 17 years exp. (8 salaries)	₹5.2 L/yr - ₹15.9 L/yr 39% less
Continental Automotive Components Lead Engineer Salary 3 - 9 years exp. (6 salaries)	₹8.2 L/yr - ₹22 L/yr 4% more
Bajaj Auto Lead Engineer Salary 10 - 15 years exp. (6 salaries)	₹8 L/yr - ₹19.9 L/yr 18% less
ZF Friedrichshafen Lead Engineer Salary 8 - 10 years exp. (4 salaries)	₹24 L/yr - ₹30 L/yr 69% more

View all

Lead Engineer salary at Magna International ranges between ₹7.8 Lakhs to ₹21 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 133 latest salaries received from various employees of Magna International.

Experience wise Magna International Lead Engineer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (12 salaries)	₹7.8 L/yr - ₹19 L/yr
8 years (21 salaries)	₹7.8 L/yr - ₹20 L/yr
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9 years (29 salaries)	₹9 L/yr - ₹21 L/yr
10 years (30 salaries)	₹8 L/yr - ₹21 L/yr
11 years (23 salaries)	₹11 L/yr - ₹19.2 L/yr
12 years (12 salaries)	₹11 L/yr - ₹20 L/yr
13 years (6 salaries)	₹13 L/yr - ₹19.5 L/yr

View all

Similar Designation salaries in Magna International

Senior Engineer Salary

(91 salaries)

₹4.2 L/yr - ₹16.5 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

Software Engineer Salary

(94 salaries)

₹4.4 L/yr - ₹12.4 L/yr

Team Lead Salary

(50 salaries)

₹6.76 L/yr - ₹13.29 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Technical Lead Salary

(48 salaries)

₹16.5 L/yr - ₹46.37 L/yr

Senior Developer Salary

(3 salaries)

₹1.1 L/yr - ₹9.5 L/yr

Senior Software Engineer Salary

(74 salaries)

₹6.5 L/yr - ₹18.98 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Top skills at Magna International for Lead Engineer

FTA

Salary related reviews for Magna International

3.1

Rated by 10 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Magna International Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Magna International?

Lead Engineer salary at Magna International in India ranges between ₹7.8 Lakhs to ₹21.0 Lakhs for experience between 7 years to 13 years. According to our estimates it is 2% less than the average Lead Engineer Salary in India. Salary estimates are based on 133 latest salaries received from various employees of Magna International India.

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

The average salary of a Lead Engineer at Magna International is 2% less than the average salary of a Lead Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Lead Engineer at Magna International?

FTA is a popular skill required to work as a Lead Engineer at Magna International.

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

TVS Motor Lead Engineer Salary - ₹35.5 Lakhs to ₹42.5 Lakhs per year
ZF Friedrichshafen Lead Engineer Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year
Bosch Lead Engineer Salary - ₹12.0 Lakhs to ₹28.5 Lakhs per year
Nexteer Automotive Lead Engineer Salary - ₹12.7 Lakhs to ₹33.0 Lakhs per year
Valeo Lead Engineer Salary - ₹8.9 Lakhs to ₹29.0 Lakhs per year

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

Mahindra & Mahindra Lead Engineer Salary - ₹9.0 Lakhs to ₹28.5 Lakhs per year
Continental Lead Engineer Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
Lear Corporation Lead Engineer Salary - ₹10.0 Lakhs to ₹23.0 Lakhs per year
Faurecia Lead Engineer Salary - ₹9.4 Lakhs to ₹28.0 Lakhs per year
Tata Motors Lead Engineer Salary - ₹11.7 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Lead Engineer at Magna International ranges between ₹1,07,481 per month to ₹1,10,444 per month in India. The take-home salary calculation is based on the average Magna International Lead Engineer salary in India which ranges between ₹7.8 Lakhs to ₹21.0 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Magna International Lead Engineers reported a notice period of 3 Months, 8% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 89 responses on AmbitionBox in last 2 years.

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Magna International Lead Engineer Salaries

Magna International Lead Engineer salary in India ranges between ₹7.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 133 Magna International latest salaries received from various employees of Magna International.