Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary29% less than the average Mechanical Engineer Salary in Auto Components Companies for 0 - 10 years of experience
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Companies similar to Magna International for Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bosch Mechanical Engineer Salary
1 - 7 years exp. (52 salaries) |  ₹1.8 L/yr - ₹8.9 L/yr 
18%
more | |
 Valeo Mechanical Engineer Salary
1 - 6 years exp. (41 salaries) | ₹4 L/yr - ₹12.5 L/yr
110%
more | |
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| ||
 Bosch Chassis Systems Mechanical Engineer Salary
0 - 6 years exp. (37 salaries) | ₹1.5 L/yr - ₹4.2 L/yr 
28%
less | |
 JTEKT Mechanical Engineer Salary
1 - 14 years exp. (35 salaries) | ₹1.4 L/yr - ₹6 L/yr
2%
less | |
 Schaeffler India Mechanical Engineer Salary
1 - 7 years exp. (24 salaries) | ₹1.5 L/yr - ₹4.2 L/yr
14%
less | |
 DENSO Mechanical Engineer Salary
1 - 8 years exp. (22 salaries) | ₹1.1 L/yr - ₹8 L/yr
12%
more | |
 Yazaki Mechanical Engineer Salary
0 - 7 years exp. (20 salaries) | ₹1.4 L/yr - ₹4.4 L/yr
18%
less | |
 Lear Corporation Mechanical Engineer Salary
0 - 8 years exp. (16 salaries) | ₹1.8 L/yr - ₹5.8 L/yr
8%
more | |
 Dana India Mechanical Engineer Salary
0 - 7 years exp. (16 salaries) | ₹1.1 L/yr - ₹4.9 L/yr
5%
more | |
 Faurecia Mechanical Engineer Salary
0 - 4 years exp. (16 salaries) | ₹1.5 L/yr - ₹5.5 L/yr
4%
more | |
 Michelin Mechanical Engineer Salary
2 - 20 years exp. (13 salaries) | ₹2.5 L/yr - ₹11 L/yr
88%
more | |
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| ||
 Amara Raja Group Mechanical Engineer Salary
1 - 10 years exp. (10 salaries) | ₹3.6 L/yr - ₹5.2 L/yr
26%
more | |
 Bridgestone Mechanical Engineer Salary
1 - 7 years exp. (7 salaries) | ₹3.4 L/yr - ₹8.7 L/yr
91%
more | |
 Nexteer Automotive Mechanical Engineer Salary
2 - 5 years exp. (6 salaries) | ₹1.8 L/yr - ₹4.1 L/yr
7%
less | |
 Continental Mechanical Engineer Salary
1 - 5 years exp. (5 salaries) | ₹1.7 L/yr - ₹6 L/yr
9%
more | |
 Hitachi Automotive Systems Mechanical Engineer Salary
0 - 1 year exp. (5 salaries) | ₹1.8 L/yr - ₹2.3 L/yr
41%
less | |
 Tata Cummins Mechanical Engineer Salary
1 - 2 years exp. (5 salaries) | ₹2 L/yr - ₹3 L/yr
11%
less | |
 Goodyear Mechanical Engineer Salary
1 - 3 years exp. (6 salaries) | ₹3 L/yr - ₹4.1 L/yr
7%
more | |
 ZF Friedrichshafen Mechanical Engineer Salary
1 - 10 years exp. (4 salaries) | ₹2 L/yr - ₹10.5 L/yr
70%
more | |
 Doowon Automotive Mechanical Engineer Salary
3 - 6 years exp. (4 salaries) | ₹6 L/yr - ₹10 L/yr
111%
more | |
Latest annual salaries shared by Magna International Mechanical Engineer
Experience wise Magna International Mechanical Engineer salaries
Last Updated: 17 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹1.2
L/yr
- ₹4.5
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹3.1
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹1.5
L/yr
- ₹3
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹3
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹3.6
L/yr
|
Similar Designation salaries in Magna International
Top skills at Magna International for Mechanical Engineer
Salary related reviews for Magna International
Discover interview dos and don'ts from real experiences
Top trending discussions
Magna International Mechanical Engineer Salary FAQs
The top 10% of Mechanical Engineer at Magna International earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Mechanical 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 10+ Magna International employees in India.
- - Mechanical Engineering
- - bms
- - Teamcenter
- - EMC
- - Windchill
These skills are highly valued at Magna International and are crucial for successful performance in a Software Engineering role.
| Doowon Automotive | ₹6.0 Lakhs to ₹10.0 Lakhs per year |
| Valeo | ₹4.0 Lakhs to ₹12.5 Lakhs per year |
| Bridgestone | ₹3.4 Lakhs to ₹8.7 Lakhs per year |
| Michelin | ₹2.5 Lakhs to ₹11.0 Lakhs per year |
| Autoliv | ₹5.3 Lakhs to ₹6.5 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.
| ZF Friedrichshafen | ₹2.0 Lakhs to ₹10.5 Lakhs per year |
| ZF India Technology Center | ₹4.0 Lakhs to ₹6.0 Lakhs per year |
| Amara Raja Group | ₹3.6 Lakhs to ₹5.2 Lakhs per year |
| Bosch | ₹1.8 Lakhs to ₹8.9 Lakhs per year |
| DENSO | ₹1.1 Lakhs to ₹8.0 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 | ₹1.2 Lakhs to ₹4.5 Lakhs per year |
| 1 year | ₹2.4 Lakhs to ₹3.1 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹3.0 Lakhs per year |
| 3 years | ₹1.5 Lakhs to ₹3.0 Lakhs per year |
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Magna International Mechanical Engineer Salaries by Location
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Magna International Mechanical Engineer salary
in
India
ranges between ₹1.2
Lakh to ₹5.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Magna International latest salaries received from various employees of
Magna International.