MagnaCore Group Ludhiana Salaries by 10+ Employees (Updated 2025)

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
DPT.Manager 10 - 11 years exp. · Ludhiana (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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NPD Engineer 3 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Store Executive 3 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Deputy Manager 10 years exp. · Ludhiana (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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R&D Engineer 8 years exp. · Ludhiana (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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SAP Manager 8 years exp. · Ludhiana (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Quality Executive 3 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Purchase Executive 7 years exp. · Ludhiana (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Quality Assistant 4 years exp. · Ludhiana (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Head Qms 18 years exp. · Ludhiana (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Quality Engineer 1 year exp. · Ludhiana (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Average annual salary in MagnaCore Group , Ludhiana is INR . Salary estimates are based on 10+ MagnaCore Group latest salaries received from various employees of MagnaCore Group.