Magna International Product Lead Salaries by 4 Employees (Updated 2025)

7 - 9 years exp.

₹12.3 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Product Lead Salary in Auto Components Companies for 7 - 9 years of experience

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Last Updated: 25 Dec 2024

Companies similar to Magna International for Product Lead

Company name	Avg Annual Salary	Open Jobs
Hero MotoCorp Product Lead Salary 11 - 20 years exp. (3 salaries)	₹24.4 L/yr - ₹36 L/yr 121% more
Valeo Product Lead Salary 7 - 11 years exp. (4 salaries)	₹14.9 L/yr - ₹24 L/yr 37% more
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ANZ Banking Group Product Lead Salary 5 - 13 years exp. (149 salaries)	₹4.2 L/yr - ₹11.3 L/yr 37% less
Tech Mahindra Product Lead Salary 7 - 17 years exp. (91 salaries)	₹7.9 L/yr - ₹29 L/yr 34% more
HARMAN Product Lead Salary 5 - 13 years exp. (47 salaries)	₹10.8 L/yr - ₹30 L/yr 60% more

Product Lead salary at Magna International ranges between ₹12.3 Lakhs to ₹17.5 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Product Lead salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
8 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
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9 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr

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Senior Project Manager Salary

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Salary related reviews for Magna International

3.0

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.

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

see more salary related reviews

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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 Product Lead Salary FAQs

What is the salary of Product Lead at Magna International?

Product Lead salary at Magna International in India ranges between ₹12.3 Lakhs to ₹17.5 Lakhs for experience between 7 years to 9 years. According to our estimates it is 32% less than the average Product Lead Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International India.

How does the salary of a Product Lead at Magna International India compare with the average salary range for this job?

The average salary of a Product Lead at Magna International is 32% less than the average salary of a Product Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Product Lead in India?

Hero MotoCorp Product Lead Salary - ₹24.4 Lakhs to ₹36.0 Lakhs per year
HARMAN Product Lead Salary - ₹10.8 Lakhs to ₹30.0 Lakhs per year
Valeo Product Lead Salary - ₹14.9 Lakhs to ₹24.0 Lakhs per year
Tech Mahindra Product Lead Salary - ₹7.9 Lakhs to ₹29.0 Lakhs per year

What is the salary of a Product Lead in companies similar to Magna International in India?

ANZ Banking Group Product Lead Salary - ₹4.2 Lakhs to ₹11.3 Lakhs per year

What is the estimated take home salary of a Product Lead at Magna International in India?

The estimated take-home salary of a Product Lead at Magna International ranges between ₹1,00,755 per month to ₹1,03,501 per month in India. The take-home salary calculation is based on the average Magna International Product Lead salary in India which ranges between ₹12.3 Lakhs to ₹17.5 Lakhs per year for employees with experience between 7 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Lead at Magna International?

According to AmbitionBox, 100% of the Magna International Product Leads reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Magna International Product Lead Salaries

Magna International Product Lead salary in India ranges between ₹12.3 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.