Magna International Chennai Tool & DIE Maker Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹1 Lakh - ₹2.5 Lakhs

Salary of majority employees

14% less than the average Tool & DIE Maker Salary in Auto Components Companies for 1 - 2 years of experience

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Salaries in different departments

Teaching & Training Tool & DIE Maker Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.8 L/yr
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Production, Manufacturing & Engineering Tool & DIE Maker Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 18 Jan 2025

Companies similar to Magna International for Tool & DIE Maker in Chennai

Magna International Tool & DIE Maker Salary

1 - 2 years exp. (4 salaries)

₹1 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Motor Tool & DIE Maker Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 33% more
Lucas-TVS Tool & DIE Maker Salary 0 - 3 years exp. (16 salaries)	₹1.2 L/yr - ₹4 L/yr 5% less
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Igarashi Motors Tool & DIE Maker Salary 2 - 6 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 4% more
Prabha Industries Tool & DIE Maker Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹5 L/yr 36% more
CTM India Limited Tool & DIE Maker Salary 2 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹4 L/yr 57% more

Tool & DIE Maker salary at Magna International ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Tool & DIE Maker salaries in Chennai

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary

(19 salaries)

₹5.25 L/yr - ₹12.38 L/yr

Quality Engineer Salary

(11 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Tool Engineer Salary

(9 salaries)

₹4.1 L/yr - ₹6.65 L/yr

Tool Room Engineer Salary

(9 salaries)

₹4.2 L/yr - ₹6 L/yr

Design Engineer Salary

(5 salaries)

₹3.6 L/yr - ₹6 L/yr

Tool Maker Salary

(3 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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

Design Engineer in Om Chambers, Bhosari, Pune

Research & Development Department

1.0

• posted on 18 May 2022

1.0

for Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

Salary - Bad

+6 more

Quality Engineer in Talegaon Dabhade

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

I like because its first opportunity to learn something its was my hope

Dislikes

My dislike reason is: First salary problem my job on 2 year contact base so no pay on date miss Overtime pay our contact hr alway stay to us all bsa employees first shift every wednesday of all week for formality 3to5 no bus required Second is not good behaviour of parmanent staff Our bsa hr and company staff say to some bsa employees including me you all come sunday for extra skill of learning about robot But we all sunday clean robot

Skill development - Bad

+4 more

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

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Magna International Tool & DIE Maker Salary FAQs

What is the salary of Tool & DIE Maker at Magna International Chennai?

Tool & DIE Maker salary at Magna International in Chennai ranges between ₹1.0 Lakhs to ₹2.5 Lakhs for experience between 1 years to 2 years. According to our estimates it is 14% less than the average Tool & DIE Maker Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International Chennai.

How does the salary of a Tool & DIE Maker at Magna International Chennai compare with the average salary range for this job?

The average salary of a Tool & DIE Maker at Magna International is 14% less than the average salary of a Tool & DIE Maker in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Tool & DIE Maker in Chennai?

CTM India Limited Tool & DIE Maker Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Prabha Industries Tool & DIE Maker Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
TVS Motor Tool & DIE Maker Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Igarashi Motors Tool & DIE Maker Salary - ₹1.4 Lakhs to ₹3.2 Lakhs per year

What is the salary of a Tool & DIE Maker in companies similar to Magna International in Chennai?

Lucas-TVS Tool & DIE Maker Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Tool & DIE Maker at Magna International in Chennai?

The estimated take-home salary of a Tool & DIE Maker at Magna International ranges between ₹16,044 per month to ₹17,702 per month in Chennai. The take-home salary calculation is based on the average Magna International Tool & DIE Maker salary in India which ranges between ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Tool & DIE Maker at Magna International in Chennai?

According to AmbitionBox, 100% of the Magna International Tool & DIE Makers in Chennai reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Magna International Tool & DIE Maker Salaries in Chennai

Magna International Tool & DIE Maker salary in Chennai ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.