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Magna Steyr Product Design Engineer salaries in India

Annual salary range
4 - 7 years exp.
₹2.5 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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42% less than the average Product Design Engineer Salary in Automobile Companies for 4 - 7 years of experience

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Salaries in different departments

Research & Development
Product Design Engineer Salary
4 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹4.2 L/yr

Production, Manufacturing & Engineering
Product Design Engineer Salary
7 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to Magna Steyr for Product Design Engineer

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

1 - 5 years exp. (5 salaries)

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₹4.9 L/yr - ₹6.2 L/yr

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₹6.3 L/yr - ₹9.3 L/yr

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Ashok Leyland Product Design Engineer Salary

0 - 3 years exp. (5 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 47% less
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Bajaj Auto Product Design Engineer Salary

5 - 7 years exp. (4 salaries)

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₹5.2 L/yr - ₹7 L/yr

arrow icon 28% more
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Hero MotoCorp Product Design Engineer Salary

3 - 7 years exp. (5 salaries)

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₹4.2 L/yr - ₹8.7 L/yr

arrow icon 31% more
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Force Motors Product Design Engineer Salary

4 - 5 years exp. (5 salaries)

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₹2.7 L/yr - ₹5 L/yr

arrow icon 30% less
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Daimler Product Design Engineer Salary

1 - 7 years exp. (16 salaries)

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₹9 L/yr - ₹15.5 L/yr

arrow icon 140% more
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Plastic Omnium Product Design Engineer Salary

3 - 7 years exp. (10 salaries)

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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 38% more
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Volvo Product Design Engineer Salary

4 - 8 years exp. (7 salaries)

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₹6 L/yr - ₹13.4 L/yr

arrow icon 97% more
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CNH Industrial Product Design Engineer Salary

2 - 10 years exp. (6 salaries)

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₹6.9 L/yr - ₹18.8 L/yr

arrow icon 159% more
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Ford Motor Product Design Engineer Salary

2 - 7 years exp. (6 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 139% more
Product Design Engineer salary at Magna Steyr ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Product Design Engineer

1y ago
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7 years exp.
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6 years exp.
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5 years exp.
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4 years exp.

Experience wise Magna Steyr Product Design Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Magna Steyr

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
Design Engineer Salary
(216 salaries)
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₹4.26 L/yr - ₹18.5 L/yr
Electrical Design Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Senior Engineer Salary
(35 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
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.6 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
Technical Lead Salary
(4 salaries)
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₹16.5 L/yr - ₹24 L/yr

Salary related reviews for Magna Steyr

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 Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at Magna Steyr?
Product Design Engineer salary at Magna Steyr in India ranges between ₹2.5 Lakhs to ₹8.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 42% less than the average Product Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna Steyr India.
How does the salary of a Product Design Engineer at Magna Steyr India compare with the average salary range for this job?
The average salary of a Product Design Engineer at Magna Steyr is 42% less than the average salary of a Product Design Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magna Steyr to a Product Design Engineer in India?
  • CNH Industrial Product Design Engineer Salary - ₹6.9 Lakhs to ₹18.8 Lakhs per year
  • Daimler Product Design Engineer Salary - ₹9.0 Lakhs to ₹15.5 Lakhs per year
  • Ford Motor Product Design Engineer Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
  • Volvo Product Design Engineer Salary - ₹6.0 Lakhs to ₹13.4 Lakhs per year
  • Mahindra & Mahindra Product Design Engineer Salary - ₹6.3 Lakhs to ₹9.3 Lakhs per year
What is the salary of a Product Design Engineer in companies similar to Magna Steyr in India?
  • Plastic Omnium Product Design Engineer Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year
  • Hero MotoCorp Product Design Engineer Salary - ₹4.2 Lakhs to ₹8.7 Lakhs per year
  • Bajaj Auto Product Design Engineer Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
  • Tata Motors Product Design Engineer Salary - ₹4.9 Lakhs to ₹6.2 Lakhs per year
  • Force Motors Product Design Engineer Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Product Design Engineer at Magna Steyr in India?
The estimated take-home salary of a Product Design Engineer at Magna Steyr ranges between ₹33,849 per month to ₹35,106 per month in India. The take-home salary calculation is based on the average Magna Steyr Product Design Engineer salary in India which ranges between ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

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Magna Steyr Product Design Engineer salary in India ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magna Steyr latest salaries received from various employees of Magna Steyr.