Magna International Procurement Manager Salaries by 3 Employees (Updated 2025)

3 - 19 years exp.

₹16.8 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Procurement Manager Salary in Auto Components Companies for 3 - 19 years of experience

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Last Updated: 20 Jan 2024

Companies similar to Magna International for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Procurement Manager Salary 9 - 18 years exp. (9 salaries)	₹14.3 L/yr - ₹32.6 L/yr 2% less
Mahindra & Mahindra Procurement Manager Salary 12 - 22 years exp. (13 salaries)	₹14 L/yr - ₹25.3 L/yr 1% less
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Ashok Leyland Procurement Manager Salary 15 - 29 years exp. (4 salaries)	₹16 L/yr - ₹22.7 L/yr 5% more
TVS Motor Procurement Manager Salary 14 - 15 years exp. (4 salaries)	₹13.5 L/yr - ₹13.6 L/yr 27% less
Hero MotoCorp Procurement Manager Salary 10 - 16 years exp. (5 salaries)	₹20.8 L/yr - ₹22.1 L/yr 15% more
Maruti Suzuki Procurement Manager Salary 9 - 15 years exp. (10 salaries)	₹22 L/yr - ₹28 L/yr 35% more
Bajaj Auto Procurement Manager Salary 5 - 9 years exp. (5 salaries)	₹11 L/yr - ₹18 L/yr 21% less
Bridgestone Procurement Manager Salary 13 - 16 years exp. (3 salaries)	₹25.5 L/yr - ₹31.5 L/yr 59% more
Bosch Procurement Manager Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹21.3 L/yr 11% less

Procurement Manager salary at Magna International ranges between ₹16.8 Lakhs to ₹19.5 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Experience wise Magna International Procurement Manager salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
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15+ years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.9 L/yr

Similar Designation salaries in Magna International

Purchase Engineer Salary

(17 salaries)

₹2.5 L/yr - ₹6 L/yr

Logistics Officer Salary

(10 salaries)

₹3 L/yr - ₹3.8 L/yr

Store Officer Salary

(9 salaries)

₹3.1 L/yr - ₹6.1 L/yr

Senior Engineer Purchase Salary

(8 salaries)

₹4.4 L/yr - ₹7.9 L/yr

Senior Store Officer Salary

(7 salaries)

₹4 L/yr - ₹5 L/yr

Store Executive Salary

(7 salaries)

₹1.35 L/yr - ₹3.6 L/yr

Store Incharge Salary

(6 salaries)

₹4.9 L/yr - ₹8.7 L/yr

Logistics Engineer Salary

(5 salaries)

₹3.1 L/yr - ₹4.9 L/yr

Purchase Executive Salary

(5 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Logistics Executive Salary

(5 salaries)

₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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

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

Salary - Excellent

+6 more

Dislikes

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magna International Procurement Manager Salary FAQs

What is the notice period for Procurement Manager at Magna International?

According to AmbitionBox, 100% of the Magna International Procurement Manager s 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 Procurement Manager Salaries

Magna International Procurement Manager salary in India ranges between ₹16.8 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.