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Magna International Technician salaries in India

Annual salary range
5 - 14 years exp.
₹2.4 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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16% more than the average Technician Salary in Auto Components Companies for 5 - 14 years of experience

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Last Updated: 13 Dec 2024

Companies similar to Magna International for Technician

Company name Avg Annual Salary Open Jobs
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Bharat Forge Technician Salary

1 - 16 years exp. (16 salaries)

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₹1 L/yr - ₹7.5 L/yr

arrow icon 6% more
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Tata Motors Technician Salary

0 - 8 years exp. (204 salaries)

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₹0.9 L/yr - ₹4.5 L/yr

arrow icon 44% less
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Mahindra & Mahindra Technician Salary

1 - 6 years exp. (142 salaries)

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₹0.8 L/yr - ₹4.5 L/yr

arrow icon 31% less
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Ashok Leyland Technician Salary

1 - 11 years exp. (81 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 45% less
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TVS Motor Technician Salary

1 - 6 years exp. (42 salaries)

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₹1 L/yr - ₹3.5 L/yr

arrow icon 42% less
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Hero MotoCorp Technician Salary

1 - 13 years exp. (60 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 31% less
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Maruti Suzuki Technician Salary

0 - 9 years exp. (276 salaries)

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₹1.1 L/yr - ₹6 L/yr

arrow icon 24% less
1 job opening
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Bajaj Auto Technician Salary

0 - 7 years exp. (13 salaries)

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₹1 L/yr - ₹6.7 L/yr

arrow icon 40% less
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Eicher Motors Technician Salary

0 - 5 years exp. (10 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 37% less
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Force Motors Technician Salary

1 - 5 years exp. (84 salaries)

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₹1.3 L/yr - ₹3.9 L/yr

arrow icon 38% less
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Bosch Technician Salary

2 - 16 years exp. (90 salaries)

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₹1.4 L/yr - ₹8.6 L/yr

arrow icon 6% more
4 job openings
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Bridgestone Technician Salary

1 - 10 years exp. (27 salaries)

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₹1.7 L/yr - ₹7.2 L/yr

arrow icon 16% less
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Bosch Chassis Systems Technician Salary

1 - 5 years exp. (20 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 38% less
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Continental Technician Salary

4 - 11 years exp. (17 salaries)

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₹6.3 L/yr - ₹13.6 L/yr

arrow icon 108% more
2 job openings
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Amara Raja Group Technician Salary

0 - 15 years exp. (12 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 34% less
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Knorr-Bremse Technician Salary

1 - 8 years exp. (12 salaries)

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₹2 L/yr - ₹2.6 L/yr

arrow icon 43% less
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DENSO Technician Salary

0 - 6 years exp. (8 salaries)

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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 39% less
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Autoliv Technician Salary

0 - 5 years exp. (7 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 28% less
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₹1.8 L/yr - ₹3 L/yr

arrow icon 30% less
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Valeo Technician Salary

2 - 6 years exp. (6 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 32% less
View all
Technician salary at Magna International ranges between ₹2.4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Technician

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Experience wise Magna International Technician salaries

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in Magna International

Electrician Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
ITI Electrician Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Trainee Salary
(13 salaries)
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₹1.1 L/yr - ₹2.05 L/yr
Operator Salary
(7 salaries)
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₹1.5 L/yr - ₹2.4 L/yr
Supervisor Salary
(4 salaries)
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₹3 L/yr - ₹3.12 L/yr
CNC Operator Salary
(4 salaries)
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₹2.05 L/yr - ₹3 L/yr
Electrical Technician Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
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₹1.45 L/yr - ₹3.5 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹1.5 L/yr - ₹4 L/yr

Salary related reviews for Magna International

4.8

Rated by 3 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Bad
  • +1 more

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.

read more
  • Salary - Poor
  • +2 more

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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor

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

read more
  • 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

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Magna International Technician Salary FAQs

What is the salary of Technician at Magna International ?
The average salary of a Technician at Magna International in India typically ranges from ₹2.4 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Technician at Magna International earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Technician 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 10+ Magna International employees in India.
What is the estimated take home salary of a Technician at Magna International in India?
The estimated take-home salary of a Technician at Magna International in India typically ranges from ₹28,180 to ₹29,572 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 5 years to 14 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 10+ 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 Technician in India?
Continental ₹6.3 Lakhs to ₹13.6 Lakhs per year
Nexteer Automotive ₹2.5 Lakhs to ₹11.0 Lakhs per year
Michelin ₹2.2 Lakhs to ₹9.8 Lakhs per year
Bosch ₹1.4 Lakhs to ₹8.6 Lakhs per year
Bharat Forge ₹1.0 Lakhs to ₹7.5 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 Technician in companies similar to Magna International in India?
The salary of a Technician at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Faurecia ₹1.8 Lakhs to ₹5.1 Lakhs per year
Tenneco ₹2.0 Lakhs to ₹4.3 Lakhs per year
Bridgestone ₹1.7 Lakhs to ₹7.2 Lakhs per year
Lear Corporation ₹1.8 Lakhs to ₹3.6 Lakhs per year
Maruti Suzuki ₹1.1 Lakhs to ₹6.0 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 Technician at Magna International in India?
The salary growth for a Technician at Magna International depends on factors such as experience, performance, and promotions. On average, a Technician can expect the following growth trajectory at Magna International:

Experience Average Salary Range
5 years ₹1.2 Lakhs to ₹3.1 Lakhs per year
6 years ₹2.4 Lakhs to ₹5.6 Lakhs per year
7 years ₹2.4 Lakhs to ₹6.0 Lakhs per year
8 years ₹2.6 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Technician salary in India ranges between ₹2.4 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Magna International latest salaries received from various employees of Magna International.