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Magna International Lead Engineer salaries in Pune (Updated 2025)

Annual salary range
7 - 13 years exp.
₹7.8 Lakhs - ₹20.3 Lakhs
Salary of majority employees
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Fixed (100%)
₹15.5 Lakhs
Variable (0%)
₹0.0
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10% more than the average Lead Engineer Salary in Auto Components Companies for 7 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Research & Development
Lead Engineer Salary
7 - 13 years exp. (49 salaries)
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₹7.8 L/yr - ₹19.1 L/yr

Engineering - Software & QA
Lead Engineer Salary
7 - 11 years exp. (18 salaries)
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₹8.3 L/yr - ₹20.3 L/yr

Production, Manufacturing & Engineering
Lead Engineer Salary
8 - 12 years exp. (7 salaries)
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₹8.4 L/yr - ₹20 L/yr

Product Management
Lead Engineer Salary
10 years exp. (AmbitionBox Estimate)
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₹14.5 L/yr - ₹18 L/yr

Last Updated: 16 Mar 2025

Companies similar to Magna International for Lead Engineer in Pune

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Magna International Lead Engineer Salary

7 - 13 years exp. (100 salaries)

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₹7.8 L/yr - ₹20.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Lear Corporation Lead Engineer Salary

7 - 15 years exp. (78 salaries)

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₹10 L/yr - ₹23 L/yr

arrow icon 12% more
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Faurecia Lead Engineer Salary

9 - 14 years exp. (43 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 27% more
1 job opening
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ANTOLIN Lead Engineer Salary

9 - 15 years exp. (35 salaries)

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₹11 L/yr - ₹19 L/yr

arrow icon 1% less
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ARaymond Lead Engineer Salary

7 - 12 years exp. (9 salaries)

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₹5 L/yr - ₹11.3 L/yr

arrow icon 47% less
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Persistent Systems Lead Engineer Salary

4 - 11 years exp. (1.5k salaries)

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₹7.5 L/yr - ₹30 L/yr

arrow icon 17% more
Lead Engineer salary at Magna International ranges between ₹7.8 Lakhs to ₹20.3 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 100 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Lead Engineer in Pune

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Experience wise Magna International Lead Engineer salaries in Pune

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
7 years  (8 salaries)

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₹7.8 L/yr - ₹19 L/yr
8 years  (13 salaries)

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₹7.8 L/yr - ₹16.3 L/yr
9 years  (21 salaries)

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₹9 L/yr - ₹20.3 L/yr
10 years  (23 salaries)

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₹9 L/yr - ₹19 L/yr
11 years  (22 salaries)

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₹11 L/yr - ₹18 L/yr
View all

Similar Designation salaries in Magna International

Senior Engineer Salary
(63 salaries)
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₹5.27 L/yr - ₹17.97 L/yr
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₹10 L/yr - ₹24 L/yr
Technical Lead Salary
(43 salaries)
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₹16.5 L/yr - ₹46.37 L/yr
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₹5.5 L/yr - ₹15.74 L/yr
Team Lead Salary
(25 salaries)
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₹7.83 L/yr - ₹19.11 L/yr
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₹7 L/yr - ₹17.4 L/yr

Top skills at Magna International for Lead Engineer

FTA

Salary related reviews for Magna International

3.1

Rated by 9 employees for salary & benefits

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.

read more
  • Job security - Excellent
  • +3 more

Dislikes

Company is not so keen on employee's skill development.

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.

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  • Salary - Poor
see more salary related reviews

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Magna International Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Magna International in Pune?
The average salary of a Lead Engineer at Magna International in Pune typically ranges from ₹7.8 Lakhs to ₹20.3 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Lead Engineer in Pune at Magna International earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹20.2 Lakhs per year. Lead Engineer 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 100+ Magna International employees in India.
What is the estimated take home salary of a Lead Engineer at Magna International in Pune?
The estimated take-home salary of a Lead Engineer at Magna International in Pune typically ranges from ₹1,06,437 to ₹1,09,366 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹20.3 Lakhs per year for employees with experience ranging from 7 years to 13 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 100+ salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Lead Engineer at Magna International in Pune?
FTA is a popular skill required to work as a Lead Engineer at Magna International.
Which companies offer higher salaries than Magna International for Lead Engineer in India?
Faurecia ₹10.0 Lakhs to ₹28.0 Lakhs per year
Persistent Systems ₹7.5 Lakhs to ₹30.0 Lakhs per year
Lear Corporation ₹10.0 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.
What is the salary of a Lead Engineer in companies similar to Magna International in Pune?
The salary of a Lead Engineer at companies similar to Magna International in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ANTOLIN ₹11.0 Lakhs to ₹19.0 Lakhs per year
ARaymond ₹5.0 Lakhs to ₹11.3 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 Lead Engineer at Magna International in Pune?
The salary growth for a Lead Engineer at Magna International in Pune depends on factors such as experience, performance, and promotions. On average, a Lead Engineer in Pune can expect the following growth trajectory at Magna International:

Experience Average Salary Range
7 years ₹7.8 Lakhs to ₹19.0 Lakhs per year
8 years ₹7.8 Lakhs to ₹16.3 Lakhs per year
9 years ₹9.0 Lakhs to ₹20.3 Lakhs per year
10 years ₹9.0 Lakhs to ₹19.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Lead Engineer salary in Pune ranges between ₹7.8 Lakhs to ₹20.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 100 Magna International latest salaries received from various employees of Magna International.