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Magna Steyr

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Magna Steyr Design Engineer salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹4.2 Lakhs - ₹14.6 Lakhs
Salary of majority employees
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98% more than the average Design Engineer Salary in Automobile Companies for 2 - 10 years of experience

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Salaries in different departments

Research & Development
Design Engineer Salary
2 - 10 years exp. (169 salaries)
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₹4 L/yr - ₹16 L/yr

Production, Manufacturing & Engineering
Design Engineer Salary
5 - 7 years exp. (5 salaries)
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₹4.2 L/yr - ₹11.8 L/yr

Last Updated: 24 Feb 2025

Companies similar to Magna Steyr for Design Engineer

Company name Avg Annual Salary Open Jobs
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Tata Motors Design Engineer Salary

1 - 6 years exp. (175 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 43% less
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Mahindra & Mahindra Design Engineer Salary

1 - 7 years exp. (510 salaries)

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₹1.5 L/yr - ₹9.5 L/yr

arrow icon 42% less
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Ashok Leyland Design Engineer Salary

0 - 7 years exp. (307 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 58% less
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Maruti Suzuki Design Engineer Salary

1 - 5 years exp. (18 salaries)

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₹2.7 L/yr - ₹9 L/yr

arrow icon 43% less
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Bajaj Auto Design Engineer Salary

1 - 14 years exp. (218 salaries)

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₹1.4 L/yr - ₹13.5 L/yr

arrow icon 25% less
1 job opening
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Hero MotoCorp Design Engineer Salary

3 - 10 years exp. (103 salaries)

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₹3.6 L/yr - ₹12.3 L/yr

arrow icon 25% less
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TVS Motor Design Engineer Salary

0 - 5 years exp. (117 salaries)

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₹1.8 L/yr - ₹8.2 L/yr

arrow icon 62% less
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Force Motors Design Engineer Salary

1 - 5 years exp. (230 salaries)

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₹2.3 L/yr - ₹8 L/yr

arrow icon 51% less
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Eicher Motors Design Engineer Salary

1 - 3 years exp. (18 salaries)

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₹2 L/yr - ₹5.1 L/yr

arrow icon 72% less
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Ford Motor Design Engineer Salary

2 - 6 years exp. (66 salaries)

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₹2.5 L/yr - ₹9.4 L/yr

arrow icon 48% less
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CNH Industrial Design Engineer Salary

1 - 11 years exp. (67 salaries)

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₹4.5 L/yr - ₹18.3 L/yr

arrow icon 9% more
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Volvo Design Engineer Salary

3 - 7 years exp. (66 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 4% more
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Plastic Omnium Design Engineer Salary

1 - 6 years exp. (58 salaries)

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₹2.4 L/yr - ₹11 L/yr

arrow icon 32% less
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General Motors Design Engineer Salary

0 - 8 years exp. (41 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 53% less
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Polaris Design Engineer Salary

4 - 11 years exp. (23 salaries)

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₹10.5 L/yr - ₹19.7 L/yr

arrow icon 50% more
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Applus IDIADA Design Engineer Salary

2 - 5 years exp. (21 salaries)

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₹2.8 L/yr - ₹10.5 L/yr

arrow icon 39% less
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MAN Truck & Bus Design Engineer Salary

0 - 4 years exp. (20 salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 50% less
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Daimler Design Engineer Salary

1 - 7 years exp. (14 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

arrow icon 53% less
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₹2 L/yr - ₹8.5 L/yr

arrow icon 53% less
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₹2.1 L/yr - ₹6.3 L/yr

arrow icon 61% less
View all
Design Engineer salary at Magna Steyr ranges between ₹4.2 Lakhs to ₹14.6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 209 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Design Engineer

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Experience wise Magna Steyr Design Engineer salaries

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
2 years  (10 salaries)

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₹2.2 L/yr - ₹6.5 L/yr
3 years  (40 salaries)

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₹2.9 L/yr - ₹8.6 L/yr
4 years  (45 salaries)

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₹3.3 L/yr - ₹9.6 L/yr
5 years  (29 salaries)

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₹4.2 L/yr - ₹10 L/yr
6 years  (43 salaries)

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₹5 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in Magna Steyr

Senior Engineer Salary
(36 salaries)
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₹8.5 L/yr - ₹27 L/yr
Lead Engineer Salary
(31 salaries)
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₹12.7 L/yr - ₹22 L/yr
Lead Design Engineer Salary
(AmbitionBox Estimate)
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₹12.8 L/yr - ₹16.3 L/yr
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₹7.15 L/yr - ₹18.5 L/yr
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₹2.5 L/yr - ₹8 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.6 L/yr
Electrical Design Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Technical Lead Salary
(4 salaries)
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₹16.5 L/yr - ₹24 L/yr
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₹15.95 L/yr - ₹29.6 L/yr
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₹7.6 L/yr - ₹9.7 L/yr
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Salary related reviews for Magna Steyr

4.0

Rated by 23 employees for salary & benefits

Research & Development Department

5.0
  •  posted on 21 Aug 2018

3.0
 for  Salary and Benefits

Likes

...o learn. I started my career as fresher in magna and now I know how lucky i was. I only left magna for salary hike and to check whether other companies are as good as magna or not. And now I know magna is best.

read more
  • Skill development - Good
  • +5 more

Dislikes

Even though for freshers increment % is good but because of initial low package it doesn't make big difference.

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 23 Dec 2024

5.0
 for  Salary and Benefits

Likes

Getting good exposure considering the versatile engineering project. Work freedom, also the open door policy where you can talk directly with anyone for your concerns. Good cultured organization.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Office location & ambiance

Research & Development Department

5.0
  •  posted on 27 Jun 2022

4.0
 for  Salary and Benefits

Likes

Work life balance is excellent Teammates are supportive and job security is best in class

  • Salary - Good
  • +4 more

Dislikes

There is politics and you may face it in any company so it’s not new for me if anyone decides to go against manager then he will be targeted

read more
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Magna Steyr Design Engineer Salary FAQs

What is the salary of Design Engineer at Magna Steyr?
Design Engineer salary at Magna Steyr in India ranges between ₹4.2 Lakhs to ₹14.6 Lakhs for experience between 2 years to 10 years. According to our estimates it is 98% more than the average Design Engineer Salary in India. Salary estimates are based on 209 latest salaries received from various employees of Magna Steyr India.
How does the salary of a Design Engineer at Magna Steyr India compare with the average salary range for this job?
The average salary of a Design Engineer at Magna Steyr is 98% more than the average salary of a Design Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magna Steyr to a Design Engineer in India?
  • Jaguar Land Rover Design Engineer Salary - ₹5.0 Lakhs to ₹36.0 Lakhs per year
  • Polaris Design Engineer Salary - ₹10.5 Lakhs to ₹19.7 Lakhs per year
  • BMW Design Engineer Salary - ₹5.5 Lakhs to ₹25.0 Lakhs per year
  • CNH Industrial Design Engineer Salary - ₹4.5 Lakhs to ₹18.3 Lakhs per year
  • Volvo Design Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Design Engineer in companies similar to Magna Steyr in India?
  • Rolls-Royce Design Engineer Salary - ₹7.4 Lakhs to ₹14.6 Lakhs per year
  • Hero MotoCorp Design Engineer Salary - ₹3.6 Lakhs to ₹12.3 Lakhs per year
  • Bajaj Auto Design Engineer Salary - ₹1.4 Lakhs to ₹13.5 Lakhs per year
  • Plastic Omnium Design Engineer Salary - ₹2.4 Lakhs to ₹11.0 Lakhs per year
  • Renault Design Engineer Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Design Engineer at Magna Steyr in India?
The estimated take-home salary of a Design Engineer at Magna Steyr ranges between ₹72,298 per month to ₹74,162 per month in India. The take-home salary calculation is based on the average Magna Steyr Design Engineer salary in India which ranges between ₹4.2 Lakhs to ₹14.6 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Design Engineer at Magna Steyr?
According to AmbitionBox, 74% of the Magna Steyr Design Engineers reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 84 responses on AmbitionBox in last 2 years.

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Magna Steyr Design Engineer salary in India ranges between ₹4.2 Lakhs to ₹14.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 209 Magna Steyr latest salaries received from various employees of Magna Steyr.