Magna International Procurement Engineer Buyer Salaries by Employees (Updated 2025)

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 1 Mar 2023

Companies similar to Magna International for Procurement Engineer Buyer

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto Procurement Engineer Buyer Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.3 L/yr 39% less
Thermax Limited Procurement Engineer Buyer Salary 5 - 9 years exp. (7 salaries)	₹4.4 L/yr - ₹9.5 L/yr 7% more
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CNH Industrial Procurement Engineer Buyer Salary 3 - 14 years exp. (4 salaries)	₹6 L/yr - ₹9.5 L/yr 23% more
ABB Procurement Engineer Buyer Salary 0 - 3 years exp. (4 salaries)	₹4.8 L/yr - ₹5.3 L/yr 17% less
Al AbdulKarim Holding Procurement Engineer Buyer Salary 7 - 9 years exp. (3 salaries)	₹13.7 L/yr - ₹17.5 L/yr 146% more

Procurement Engineer Buyer salary at Magna International ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna International.

Similar Designation salaries in Magna International

Procurement Engineer Salary

(3 salaries)

₹3 L/yr - ₹6.7 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Project Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.7 L/yr

Purchase Engineer Salary

(15 salaries)

₹3.4 L/yr - ₹6 L/yr

Graduate Engineer Salary

(14 salaries)

₹3.5 L/yr - ₹6 L/yr

Assistant Engineer Salary

(19 salaries)

₹2 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(91 salaries)

₹4.2 L/yr - ₹15.95 L/yr

Junior Engineer Salary

(78 salaries)

₹2 L/yr - ₹4.5 L/yr

SCM Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Purchase Manager Salary

(4 salaries)

₹14 L/yr - ₹23 L/yr

Salary related reviews for Magna International

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.

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.

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.

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.

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.

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.

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.

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2023

5.0

for Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magna International Procurement Engineer Buyer Salary FAQs

What is the notice period for Procurement Engineer Buyer at Magna International?

According to AmbitionBox, 100% of the Magna International Procurement Engineer Buyers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magna International Procurement Engineer Buyer Salaries

Magna International Procurement Engineer Buyer salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.