Magna International Chennai Purchase Engineer Salaries by 7 Employees (Updated 2025)

4 - 8 years exp.

₹4.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

30% more than the average Purchase Engineer Salary in Auto Components Companies for 4 - 8 years of experience

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Last Updated: 10 Jan 2025

Companies similar to Magna International for Purchase Engineer in Chennai

Magna International Purchase Engineer Salary

4 - 8 years exp. (7 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Dana India Purchase Engineer Salary 11 - 13 years exp. (4 salaries)	₹4.8 L/yr - ₹5.8 L/yr At par
Valeo Purchase Engineer Salary 1 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹8 L/yr 5% less
Login to view exact salary
Bosch Purchase Engineer Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 28% less
Lucas-TVS Purchase Engineer Salary 1 - 9 years exp. (47 salaries)	₹1.6 L/yr - ₹6.4 L/yr 16% less
Foxconn Purchase Engineer Salary 4 - 10 years exp. (27 salaries)	₹2 L/yr - ₹6 L/yr 10% less

Purchase Engineer salary at Magna International ranges between ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Magna International.

Experience wise Magna International Purchase Engineer salaries in Chennai

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹9.4 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary

(22 salaries)

₹5.25 L/yr - ₹8.8 L/yr

Junior Engineer Salary

(13 salaries)

₹2.15 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Graduate Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹4.5 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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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Magna International Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Magna International Chennai?

Purchase Engineer salary at Magna International in Chennai ranges between ₹4.1 Lakhs to ₹5.5 Lakhs for experience between 4 years to 8 years. According to our estimates it is 30% more than the average Purchase Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magna International Chennai.

How does the salary of a Purchase Engineer at Magna International Chennai compare with the average salary range for this job?

The average salary of a Purchase Engineer at Magna International is 30% more than the average salary of a Purchase Engineer in Chennai. To know exact salary insights, login to view.

What is the salary of a Purchase Engineer in companies similar to Magna International in Chennai?

Dana India Purchase Engineer Salary - ₹4.8 Lakhs to ₹5.8 Lakhs per year
Valeo Purchase Engineer Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year
Foxconn Purchase Engineer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Lucas-TVS Purchase Engineer Salary - ₹1.6 Lakhs to ₹6.4 Lakhs per year
Bosch Purchase Engineer Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Purchase Engineer at Magna International in Chennai?

The estimated take-home salary of a Purchase Engineer at Magna International ranges between ₹38,122 per month to ₹39,315 per month in Chennai. The take-home salary calculation is based on the average Magna International Purchase Engineer salary in India which ranges between ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Purchase Engineer at Magna International in Chennai?

According to AmbitionBox, 100% of the Magna International Purchase Engineers in Chennai 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 Purchase Engineer Salaries in Chennai

Magna International Purchase Engineer salary in Chennai ranges between ₹4.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Magna International latest salaries received from various employees of Magna International.