MAGNA RICO POWERTRAIN Manager Salaries by 4 Employees (Updated 2025)

12 - 16 years exp.

₹8.4 Lakhs - ₹11.7 Lakhs

Salary of majority employees

39% less than the average Manager Salary for 12 - 16 years of experience

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Salaries in different departments

Quality Assurance Manager Salary 14 - 16 years exp. (3 salaries)	₹9 L/yr - ₹11.7 L/yr
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Procurement & Supply Chain Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.2 L/yr

Last Updated: 14 Jan 2025

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Manager salary at MAGNA RICO POWERTRAIN ranges between ₹8.4 Lakhs to ₹11.7 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of MAGNA RICO POWERTRAIN.

Experience wise MAGNA RICO POWERTRAIN Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
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14 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.7 L/yr
15+ years (AmbitionBox Estimate)	₹11 L/yr - ₹11.7 L/yr

Similar Designation salaries in MAGNA RICO POWERTRAIN

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹7 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Salary related reviews for MAGNA RICO POWERTRAIN

Project Manager in Traiskirchen

Business Office Department

4.0

• posted on 21 Jul 2022

3.0

for Salary and Benefits

Likes

Projects are very interesting, its dynamic, colleagues are very skilled and motivated which affects overall team spirit.

Job security - Excellent

+1 more

Dislikes

The salary you negotiate is the salary you will have, almost no salary increases apart from the regular ones you get with years.

Promotions - Poor

Gurgaon in Gurgaon / Gurugram

Research & Development Department

3.0

• posted on 20 Nov 2020

3.0

for Salary and Benefits

Likes

Good work environment and culture.. Seniors are fully supportive and the management is transparent. there is a canteen for best lunch ever.. company policies are good and fair.

Work satisfaction - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary not enough and career growth is slow.☺️

Promotions - Poor

Deputy Manager 1 in Manesar

Production Department

1.0

• posted on 17 Sep 2022

1.0

for Salary and Benefits

Likes

Not a single point to like

Dislikes

Highly unprofessional company.... They take interview, will call you for personal interview 3 to 4 times, will waste your time, at the time of giving offer letter they will even not pick your calls...

Salary - Bad

+6 more

Strategic Commodity Buyer (Global) in Pune

Procurement & Supply Chain Department

2.0

• posted on 21 Apr 2022

5.0

for Salary and Benefits

Likes

Job security is big concern in this company , any time they decide and shutdown any of the vertical and asks to find opportunities out side They sold fluid pressure devison globally due to which I lost my job

Salary - Excellent

+3 more

Dislikes

Job security is the major concern

Skill development - Poor

+2 more

Production Engineer

Production Department

3.0

• posted on 30 Mar 2018

2.0

for Salary and Benefits

Likes

This company is a largest manufacturer of two peice flex plate. The work is done in a very systematic way. My department team is very cooperative they always supports and make learn their responsibilities. I always enjoying my work with my team.

Skill development - Good

+3 more

Dislikes

Employee growth is poor

Salary - Poor

+1 more

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

2w (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 RICO POWERTRAIN Manager Salary FAQs

What is the salary of Manager at MAGNA RICO POWERTRAIN?

Manager salary at MAGNA RICO POWERTRAIN in India ranges between ₹8.4 Lakhs to ₹11.7 Lakhs for experience between 12 years to 16 years. According to our estimates it is 39% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MAGNA RICO POWERTRAIN India.

How does the salary of a Manager at MAGNA RICO POWERTRAIN India compare with the average salary range for this job?

The average salary of a Manager at MAGNA RICO POWERTRAIN is 39% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MAGNA RICO POWERTRAIN to a Manager in India?

IVTL Infoview Technologies Manager Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year
Global Edge Software Manager Salary - ₹21.0 Lakhs to ₹36.0 Lakhs per year
Marelli Manager Salary - ₹18.0 Lakhs to ₹41.5 Lakhs per year
Testo India Manager Salary - ₹11.6 Lakhs to ₹41.3 Lakhs per year
ABCI Infrastructures Manager Salary - ₹9.8 Lakhs to ₹38.0 Lakhs per year

What is the salary of a Manager in companies similar to MAGNA RICO POWERTRAIN in India?

Novartis Healthcare Manager Salary - ₹12.0 Lakhs to ₹33.0 Lakhs per year
Cogniter Technologies Manager Salary - ₹15.0 Lakhs to ₹34.0 Lakhs per year
Indorama Manager Salary - ₹9.8 Lakhs to ₹38.0 Lakhs per year
Cogoport Manager Salary - ₹9.6 Lakhs to ₹29.5 Lakhs per year
Kyndal India Manager Salary - ₹17.0 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Manager at MAGNA RICO POWERTRAIN in India?

The estimated take-home salary of a Manager at MAGNA RICO POWERTRAIN ranges between ₹71,343 per month to ₹73,180 per month in India. The take-home salary calculation is based on the average MAGNA RICO POWERTRAIN Manager salary in India which ranges between ₹8.4 Lakhs to ₹11.7 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Manager at MAGNA RICO POWERTRAIN?

According to AmbitionBox, 100% of the MAGNA RICO POWERTRAIN Managers reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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MAGNA RICO POWERTRAIN Manager Salaries

MAGNA RICO POWERTRAIN Manager salary in India ranges between ₹8.4 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MAGNA RICO POWERTRAIN latest salaries received from various employees of MAGNA RICO POWERTRAIN.