Magna International Mumbai Lead Engineer Salaries by 3 Employees (Updated 2025)

10 - 13 years exp.

₹10 Lakhs - ₹17.2 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Lead Engineer Salary in Auto Components Companies for 10 - 13 years of experience

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Salaries in different departments

Research & Development Lead Engineer Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹16.9 L/yr
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Production, Manufacturing & Engineering Lead Engineer Salary 11 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹16.7 L/yr

Last Updated: 4 Jan 2025

Companies similar to Magna International for Lead Engineer in Mumbai

Magna International Lead Engineer Salary

10 - 13 years exp. (3 salaries)

₹10 L/yr - ₹17.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Power Lead Engineer Salary 1 - 12 years exp. (249 salaries)	₹4 L/yr - ₹15 L/yr 44% less	1 job opening
Majesco Lead Engineer Salary 5 - 12 years exp. (174 salaries)	₹7 L/yr - ₹22.5 L/yr 1% more	8 job openings
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Persistent Systems Lead Engineer Salary 4 - 10 years exp. (97 salaries)	₹9 L/yr - ₹24 L/yr 21% more
Crisil Lead Engineer Salary 7 - 14 years exp. (32 salaries)	₹11 L/yr - ₹23 L/yr 12% more
Diebold Nixdorf Lead Engineer Salary 10 - 15 years exp. (27 salaries)	₹15 L/yr - ₹32.5 L/yr 50% more

Lead Engineer salary at Magna International ranges between ₹10 Lakhs to ₹17.2 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Experience wise Magna International Lead Engineer salaries in Mumbai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹27.9 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹29 L/yr
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12 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
13 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹31 L/yr

Top skills at Magna International for Lead Engineer

FTA

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Magna International Lead Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Magna International Lead Engineers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Magna International Lead Engineer Salaries in Mumbai

Magna International Lead Engineer salary in Mumbai ranges between ₹10 Lakhs to ₹17.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.