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Magnic Technolgies Production Engineer salaries in Coimbatore

Annual salary range
3 - 4 years exp.
₹1.7 Lakh - ₹3 Lakhs
Salary of majority employees
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38% less than the average Production Engineer Salary in Industrial Machinery Companies for 3 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Production Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Project & Program Management
Production Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Quality Assurance
Production Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.9 L/yr

Research & Development
Production Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to Magnic Technolgies for Production Engineer in Coimbatore

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Magnic Technolgies Production Engineer Salary

3 - 4 years exp. (4 salaries)
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₹1.7 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Rabwin Industries Production Engineer Salary

2 - 8 years exp. (10 salaries)
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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 15% more
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C.R.I. Pumps Production Engineer Salary

0 - 7 years exp. (63 salaries)
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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 1% more
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L.G.Balakrishnan & Bros Production Engineer Salary

1 - 11 years exp. (38 salaries)
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₹1.3 L/yr - ₹4.5 L/yr

arrow icon 49% more
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Lakshmi Machine Works Production Engineer Salary

1 - 15 years exp. (31 salaries)
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₹1.1 L/yr - ₹7.2 L/yr

arrow icon 99% more
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Propel Industries Production Engineer Salary

1 - 10 years exp. (28 salaries)
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₹1.8 L/yr - ₹5 L/yr

arrow icon 46% more
Production Engineer salary at Magnic Technolgies ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Magnic Technolgies.

Latest annual salaries shared by Magnic Technolgies Production Engineer in Coimbatore

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3 years exp.
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3 years exp.
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3 years exp.

Experience wise Magnic Technolgies Production Engineer salaries in Coimbatore

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹1.7 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in Magnic Technolgies

Associate Engineer Salary
(3 salaries)
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₹1.1 L/yr - ₹2.1 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Magnic Technolgies Production Engineer Salary FAQs

What is the salary of Production Engineer at Magnic Technolgies Coimbatore?
Production Engineer salary at Magnic Technolgies in Coimbatore ranges between ₹1.7 Lakhs to ₹3.0 Lakhs for experience between 3 years to 4 years. According to our estimates it is 38% less than the average Production Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnic Technolgies Coimbatore.
How does the salary of a Production Engineer at Magnic Technolgies Coimbatore compare with the average salary range for this job?
The average salary of a Production Engineer at Magnic Technolgies is 38% less than the average salary of a Production Engineer in Coimbatore. To know exact salary insights, login to view.
Which similar companies are paying more than Magnic Technolgies to a Production Engineer in Coimbatore?
  • Lakshmi Machine Works Production Engineer Salary - ₹1.1 Lakhs to ₹7.2 Lakhs per year
  • L.G.Balakrishnan & Bros Production Engineer Salary - ₹1.3 Lakhs to ₹4.5 Lakhs per year
  • Propel Industries Production Engineer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
  • Rabwin Industries Production Engineer Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year
  • C.R.I. Pumps Production Engineer Salary - ₹1.1 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Production Engineer at Magnic Technolgies in Coimbatore?
The estimated take-home salary of a Production Engineer at Magnic Technolgies ranges between ₹15,950 per month to ₹17,600 per month in Coimbatore. The take-home salary calculation is based on the average Magnic Technolgies Production Engineer salary in India which ranges between ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

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Magnic Technolgies Production Engineer salary in Coimbatore ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magnic Technolgies latest salaries received from various employees of Magnic Technolgies.