Magnum Forge & Machine Works Salaries by 100+ Employees (Updated 2025)

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Production, Manufacturing & Engineering Quality Assurance Procurement & Supply Chain Research & Development + 2 more

Designation	Avg Annual Salary	Open Jobs
Quality Engineer 3 - 21 years exp. (6 salaries)	₹3.2 L/yr - ₹4 L/yr
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Heat Treatment Engineer 3 - 12 years exp. (5 salaries)	₹3.1 L/yr - ₹6 L/yr
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Supplier Quality Engineer 4 - 8 years exp. (4 salaries)	₹5.3 L/yr - ₹6.5 L/yr
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QA Engineer 4 - 22 years exp. (4 salaries)	₹3.6 L/yr - ₹8 L/yr
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Exim Officer 15 - 16 years exp. (4 salaries)	₹8.2 L/yr - ₹9 L/yr
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Production Engineer 8 - 12 years exp. (4 salaries)	₹2.6 L/yr - ₹7.3 L/yr
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QA QC Engineer 6 - 9 years exp. (4 salaries)	₹4.3 L/yr - ₹6.4 L/yr
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Design Engineer 6 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹6 L/yr
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Senior Engineer 10 - 14 years exp. (4 salaries)	₹5.2 L/yr - ₹7.7 L/yr
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NDT Engineer 10 - 13 years exp. (3 salaries)	₹5.9 L/yr - ₹7.2 L/yr
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Sr. Engineer QC 4 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr
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QA/QC Manager 25 - 28 years exp. (3 salaries)	₹10.3 L/yr - ₹16.5 L/yr
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Senior Planning Engineer 7 - 10 years exp. (3 salaries)	₹6 L/yr - ₹9.5 L/yr
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Maintenance Engineer 9 - 12 years exp. (3 salaries)	₹5 L/yr - ₹6.1 L/yr
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Assistant Manager - Production 8 - 10 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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Planning Engineer 5 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Manager Quality Control 26 - 28 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Production Planning Manager 4 - 10 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Senior Design Engineer 11 - 13 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Service Engineer 9 - 12 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Magnum Forge & Machine Works Salary FAQs

How much does Magnum Forge & Machine Works pay per year?

The average Magnum Forge & Machine Works salary ranges from approximately ₹3.2 Lakhs to ₹4 Lakhs per year for a Quality Engineer and ₹3.1 Lakhs to ₹6 Lakhs per year for a Heat Treatment Engineer. Salary estimates are based on 103 Magnum Forge & Machine Works salaries received from various employees of Magnum Forge & Machine Works. Magnum Forge & Machine Works employees rate the overall salary and benefits package 4.3/5 stars.

What is the highest salary in Magnum Forge & Machine Works?

The highest-paying job at Magnum Forge & Machine Works is a Heat Treatment Engineer with a salary of ₹3.1 Lakhs to ₹6 Lakhs per year. The top 10% of employees earn more than ₹10.44 lakhs per year. The top 1% earn more than a whopping ₹20.91 lakhs per year.

What is the minimum salary in Magnum Forge & Machine Works?

Minimum salary at Magnum Forge & Machine Works depends on the role you are applying for. For Quality Engineer the minimum salary is ₹3.2 Lakhs to ₹4 Lakhs per year, and for Production Engineer the minimum salary is ₹2.6 Lakhs to ₹7.3 Lakhs per year and so on.

What is the notice period at Magnum Forge & Machine Works?

According to AmbitionBox, 88% of the Magnum Forge & Machine Works employees reported a notice period of 1 Month, 6% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

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Magnum Forge & Machine Works Salaries by Location

Magnum Forge & Machine Works salaries in Pune

Magnum Forge & Machine Works Salaries by Department

Average annual salary in Magnum Forge & Machine Works is INR . Salary estimates are based on 103 Magnum Forge & Machine Works latest salaries received from various employees of Magnum Forge & Machine Works.