Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary34% less than the average Mechanical Engg. Design Salary in Auto Components Companies for 0 - 3 years of experience
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Salaries in different departments
Research & Development
Mechanical Engg. Design Salary
0 - 3
years
exp.
(AmbitionBox Estimate)
|  ₹3 L/yr - ₹4.2 L/yr |
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| |
Quality Assurance
Mechanical Engg. Design Salary Fresher
(AmbitionBox Estimate)
| ₹3.4 L/yr - ₹4.1 L/yr |
Companies similar to Magna International for Mechanical Engg. Design
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Valeo Mechanical Engg. Design Salary
1 - 6 years exp. (65 salaries) | ₹4.3 L/yr - ₹10 L/yr 
116%
more | |
 Bosch Mechanical Engg. Design Salary
1 - 6 years exp. (19 salaries) | ₹3 L/yr - ₹9.5 L/yr
61%
more | |
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| ||
 Faurecia Mechanical Engg. Design Salary
1 - 5 years exp. (17 salaries) | ₹4 L/yr - ₹6.1 L/yr
39%
more | |
 Lear Corporation Mechanical Engg. Design Salary
1 - 7 years exp. (10 salaries) | ₹4.7 L/yr - ₹7.5 L/yr
85%
more | |
 ZF Friedrichshafen Mechanical Engg. Design Salary
4 - 8 years exp. (7 salaries) | ₹6.5 L/yr - ₹9.3 L/yr
159%
more | |
 Yazaki Mechanical Engg. Design Salary
0 - 4 years exp. (7 salaries) | ₹2.8 L/yr - ₹4.1 L/yr 
7%
less | |
 Schaeffler India Mechanical Engg. Design Salary
3 - 6 years exp. (6 salaries) | ₹3.9 L/yr - ₹8 L/yr
59%
more | |
 JCBL Mechanical Engg. Design Salary
1 - 5 years exp. (5 salaries) | ₹3 L/yr - ₹4.8 L/yr
4%
less | 1 job opening |
 Michelin Mechanical Engg. Design Salary
5 - 8 years exp. (5 salaries) | ₹5.3 L/yr - ₹10 L/yr
135%
more | |
 DENSO Mechanical Engg. Design Salary
4 - 7 years exp. (5 salaries) | ₹3.2 L/yr - ₹11.1 L/yr
89%
more | |
 Continental Automotive Components Mechanical Engg. Design Salary
3 - 4 years exp. (4 salaries) | ₹6.3 L/yr - ₹8 L/yr
107%
more | |
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| ||
 JTEKT Mechanical Engg. Design Salary
2 - 6 years exp. (4 salaries) | ₹4.2 L/yr - ₹7 L/yr
53%
more | |
 ZF India Technology Center Mechanical Engg. Design Salary
4 - 6 years exp. (4 salaries) | ₹7 L/yr - ₹11.8 L/yr
171%
more | |
 Autoliv Mechanical Engg. Design Salary
2 - 5 years exp. (4 salaries) | ₹5.1 L/yr - ₹6.6 L/yr
69%
more | |
 Doowon Automotive Mechanical Engg. Design Salary
4 - 8 years exp. (3 salaries) | ₹3.1 L/yr - ₹6 L/yr
45%
more | |
 Amara Raja Group Mechanical Engg. Design Salary
4 - 5 years exp. (3 salaries) | ₹5.2 L/yr - ₹6 L/yr
65%
more | |
Latest annual salaries shared by Magna International Mechanical Engg. Design
Experience wise Magna International Mechanical Engg. Design salaries
Last Updated: 3 Aug 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹4.2
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹4.2
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹5.9
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹3
L/yr
|
Similar Designation salaries in Magna International
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Magna International Mechanical Engg. Design Salary FAQs
The top 10% of Mechanical Engg. Design at Magna International earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Mechanical Engg. Design 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 5 Magna International employees in India.
| ZF India Technology Center | ₹7.0 Lakhs to ₹11.8 Lakhs per year |
| ZF Friedrichshafen | ₹6.5 Lakhs to ₹9.3 Lakhs per year |
| Michelin | ₹5.3 Lakhs to ₹10.0 Lakhs per year |
| Valeo | ₹4.3 Lakhs to ₹10.0 Lakhs per year |
| Continental Automotive Components | ₹6.3 Lakhs to ₹8.0 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.
| DENSO | ₹3.2 Lakhs to ₹11.1 Lakhs per year |
| Lear Corporation | ₹4.7 Lakhs to ₹7.5 Lakhs per year |
| Autoliv | ₹5.1 Lakhs to ₹6.6 Lakhs per year |
| Amara Raja Group | ₹5.2 Lakhs to ₹6.0 Lakhs per year |
| Bosch | ₹3.0 Lakhs to ₹9.5 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.8 Lakhs to ₹4.2 Lakhs per year |
| 1 year | ₹3.3 Lakhs to ₹4.2 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹5.9 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹3.0 Lakhs per year |
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Magna International Mechanical Engg. Design salary
in
India
ranges between ₹3
Lakhs to ₹4.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Magna International latest salaries received from various employees of
Magna International.