Magnum Forge & Machine Works Heat Treatment Engineer salaries in India

The average salary of a Heat Treatment Engineer at Magnum Forge & Machine Works in India typically ranges from ₹3.1 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Heat Treatment Engineer at Magnum Forge & Machine Works earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Heat Treatment Engineer Salaries at Magnum Forge & Machine Works can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Magnum Forge & Machine Works employees in India.

The estimated take-home salary of a Heat Treatment Engineer at Magnum Forge & Machine Works in India typically ranges from ₹33,136 to ₹34,404 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Magnum Forge & Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.

Sona Comstar

₹3.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnum Forge & Machine Works, depending on the role and experience level.

The salary of a Heat Treatment Engineer at companies similar to Magnum Forge & Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shivam Autotech	₹3.6 Lakhs to ₹4.5 Lakhs per year
American Axle & Manufacturing	₹1.9 Lakhs to ₹6.5 Lakhs per year
Bharat Gears	₹3.0 Lakhs to ₹5.5 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

The salary growth for a Heat Treatment Engineer at Magnum Forge & Machine Works depends on factors such as experience, performance, and promotions. On average, a Heat Treatment Engineer can expect the following growth trajectory at Magnum Forge & Machine Works:

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹3.1 Lakhs per year
4 years	₹1.3 Lakhs to ₹3.6 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹1.6 Lakhs to ₹4.0 Lakhs per year

and so on.