Magna International Purchase Manager Salaries by 4 Employees

11 - 13 years exp.

₹14 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

59% more than the average Purchase Manager Salary in Auto Components Companies for 11 - 13 years of experience

Interested in this particular role?

Last Updated: 1 Jun 2023

Companies similar to Magna International for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Bosch Purchase Manager Salary 13 - 25 years exp. (18 salaries)	₹11.5 L/yr - ₹26 L/yr 15% more
Schaeffler India Purchase Manager Salary 13 - 21 years exp. (10 salaries)	₹10 L/yr - ₹22.2 L/yr 3% less
Login to view exact salary
Continental Purchase Manager Salary 9 - 15 years exp. (7 salaries)	₹10 L/yr - ₹36 L/yr 17% more
Faurecia Purchase Manager Salary 9 - 15 years exp. (7 salaries)	₹12 L/yr - ₹19 L/yr 3% less
ANTOLIN Purchase Manager Salary 12 - 16 years exp. (6 salaries)	₹17.8 L/yr - ₹25 L/yr 19% more
Yazaki Purchase Manager Salary 13 - 17 years exp. (5 salaries)	₹11.5 L/yr - ₹17.6 L/yr 20% less
Continental Automotive Components Purchase Manager Salary 15 - 16 years exp. (4 salaries)	₹18.5 L/yr - ₹21 L/yr 15% more
JTEKT Purchase Manager Salary 15 - 22 years exp. (4 salaries)	₹12.5 L/yr - ₹17.5 L/yr 15% less
Michelin Purchase Manager Salary 14 - 20 years exp. (4 salaries)	₹19 L/yr - ₹24 L/yr 20% more
Lear Corporation Purchase Manager Salary 16 - 25 years exp. (3 salaries)	₹20 L/yr - ₹35 L/yr 59% more
Nexteer Automotive Purchase Manager Salary 15 - 18 years exp. (3 salaries)	₹19 L/yr - ₹25 L/yr 20% more
Login to view exact salary
Valeo Purchase Manager Salary 12 - 27 years exp. (3 salaries)	₹10.8 L/yr - ₹50 L/yr 49% more	1 job opening
Autoliv Purchase Manager Salary 17 - 19 years exp. (3 salaries)	₹11.5 L/yr - ₹29 L/yr 32% more
ARaymond Purchase Manager Salary 19 - 21 years exp. (3 salaries)	₹19.6 L/yr - ₹23.5 L/yr 25% more

Purchase Manager salary at Magna International ranges between ₹14 Lakhs to ₹23 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Purchase Manager salaries

Last Updated: 1 Jun 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹29.7 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.6 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹23 L/yr

Similar Designation salaries in Magna International

Purchase Officer Salary

(4 salaries)

₹1.8 L/yr - ₹10 L/yr

Purchase Engineer Salary

(17 salaries)

₹2.5 L/yr - ₹6 L/yr

Commercial Manager Salary

(4 salaries)

₹11.5 L/yr - ₹18 L/yr

Deputy Manager Salary

(32 salaries)

₹10.8 L/yr - ₹24 L/yr

Operations Manager Salary

(3 salaries)

₹21 L/yr - ₹29 L/yr

Purchase Executive Salary

(5 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(87 salaries)

₹4.2 L/yr - ₹16.5 L/yr

Buyer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Team Lead Salary

(52 salaries)

₹7.33 L/yr - ₹13.78 L/yr

Procurement Engineer Salary

(3 salaries)

₹3 L/yr - ₹6.7 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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Magna International?

Ask anonymously on communities.

Magna International Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Magna International ?

The average salary of a Purchase Manager at Magna International in India typically ranges from ₹14.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 11 years to 13 years).

The top 10% of Purchase Manager at Magna International earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Purchase Manager 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 4 Magna International employees in India.

What is the estimated take home salary of a Purchase Manager at Magna International in India?

The estimated take-home salary of a Purchase Manager at Magna International in India typically ranges from ₹1,18,775 to ₹1,22,103 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 11 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magna International for Purchase Manager in India?

Lear Corporation	₹20.0 Lakhs to ₹35.0 Lakhs per year
Valeo	₹10.8 Lakhs to ₹50.0 Lakhs per year
Autoliv	₹11.5 Lakhs to ₹29.0 Lakhs per year
ARaymond	₹19.6 Lakhs to ₹23.5 Lakhs per year
Nexteer Automotive	₹19.0 Lakhs to ₹25.0 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.

What is the salary of a Purchase Manager in companies similar to Magna International in India?

The salary of a Purchase Manager at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Michelin	₹19.0 Lakhs to ₹24.0 Lakhs per year
ANTOLIN	₹17.8 Lakhs to ₹25.0 Lakhs per year
Continental	₹10.0 Lakhs to ₹36.0 Lakhs per year
Continental Automotive Components	₹18.5 Lakhs to ₹21.0 Lakhs per year
Bosch	₹11.5 Lakhs to ₹26.0 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.

How the salary growth look like for a Purchase Manager at Magna International in India?

The salary growth for a Purchase Manager at Magna International depends on factors such as experience, performance, and promotions. On average, a Purchase Manager can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
11 years	₹16.0 Lakhs to ₹29.7 Lakhs per year
12 years	₹7.0 Lakhs to ₹18.6 Lakhs per year
13 years	₹14.0 Lakhs to ₹23.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Magna International Salaries >
Magna International Purchase Manager Salaries

Magna International Purchase Manager salary in India ranges between ₹14 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.