Magna International Tool Engineer Salaries by 10+ Employees (Updated 2025)

7 - 14 years exp.

₹4 Lakhs - ₹7.1 Lakhs

Salary of majority employees

31% less than the average Tool Engineer Salary in Auto Components Companies for 7 - 14 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Engineer Salary 7 - 12 years exp. (10 salaries)	₹4 L/yr - ₹6 L/yr
Construction & Site Engineering Tool Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.7 L/yr
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Research & Development Tool Engineer Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹7.1 L/yr

Last Updated: 15 Feb 2025

Companies similar to Magna International for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Tool Engineer Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 37% less
Ashok Leyland Tool Engineer Salary 0 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr 66% less
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Hero MotoCorp Tool Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 64% less
Bajaj Auto Tool Engineer Salary 0 - 5 years exp. (4 salaries)	₹3.9 L/yr - ₹9.5 L/yr 1% less
Faurecia Tool Engineer Salary 2 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 54% less

Tool Engineer salary at Magna International ranges between ₹4 Lakhs to ₹7.1 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Magna International.

Experience wise Magna International Tool Engineer salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.4 L/yr
8 years (5 salaries)	₹4 L/yr - ₹6.7 L/yr
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9 years (3 salaries)	₹4.5 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.3 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.1 L/yr
14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr

View all

Similar Designation salaries in Magna International

Senior Engineer Salary

(87 salaries)

₹4.2 L/yr - ₹16.5 L/yr

Tool Room Engineer Salary

(23 salaries)

₹3.7 L/yr - ₹6.54 L/yr

Junior Engineer Salary

(84 salaries)

₹2 L/yr - ₹4.5 L/yr

Quality Engineer Salary

(52 salaries)

₹1.45 L/yr - ₹5.15 L/yr

Design Engineer Salary

(140 salaries)

₹2.86 L/yr - ₹12 L/yr

Tool Maker Salary

(9 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Tool & DIE Maker Salary

(12 salaries)

₹1 L/yr - ₹5 L/yr

Assistant Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.8 L/yr

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Magna International

1.0

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magna International Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Magna International ?

The average salary of a Tool Engineer at Magna International in India typically ranges from ₹4.0 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Tool Engineer at Magna International earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Tool Engineer 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 Tool Engineer at Magna International in India?

The estimated take-home salary of a Tool Engineer at Magna International in India typically ranges from ₹41,895 to ₹43,032 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 7 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.

What is the salary of a Tool Engineer in companies similar to Magna International in India?

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

Bajaj Auto	₹3.9 Lakhs to ₹9.5 Lakhs per year
Mahindra & Mahindra	₹2.0 Lakhs to ₹5.0 Lakhs per year
Faurecia	₹2.1 Lakhs to ₹3.0 Lakhs per year
Hero MotoCorp	₹1.5 Lakhs to ₹2.5 Lakhs per year
Ashok Leyland	₹1.7 Lakhs to ₹2.1 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 Tool Engineer at Magna International in India?

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

Experience	Average Salary Range
7 years	₹4.6 Lakhs to ₹9.4 Lakhs per year
8 years	₹4.0 Lakhs to ₹6.7 Lakhs per year
9 years	₹4.5 Lakhs to ₹6.7 Lakhs per year
10 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Magna International Tool Engineer Salaries

Magna International Tool Engineer salary in India ranges between ₹4 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Magna International latest salaries received from various employees of Magna International.