Magnum Forge & Machine Works Pune Production Engineer Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹2.6 Lakhs - ₹7.3 Lakhs

Salary of majority employees

13% more than the average Production Engineer Salary for 8 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 8 - 12 years exp. (3 salaries)	₹2.6 L/yr - ₹4 L/yr
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Research & Development Production Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8 L/yr

Last Updated: 13 Sep 2024

Companies similar to Magnum Forge & Machine Works for Production Engineer in Pune

Magnum Forge & Machine Works Production Engineer Salary

8 - 12 years exp. (4 salaries)

₹2.6 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Production Engineer Salary 1 - 8 years exp. (128 salaries)	₹1.5 L/yr - ₹5.6 L/yr 16% less
Larsen & Toubro Limited Production Engineer Salary 0 - 9 years exp. (9 salaries)	₹1.8 L/yr - ₹6.5 L/yr 34% more
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Thermax Limited Production Engineer Salary 1 - 11 years exp. (39 salaries)	₹2.1 L/yr - ₹7.5 L/yr 5% more	1 job opening
Kirloskar Brothers Production Engineer Salary 0 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹5.1 L/yr 8% less
TCS Production Engineer Salary 1 - 6 years exp. (18 salaries)	₹3 L/yr - ₹10.1 L/yr 31% more
LTIMindtree Production Engineer Salary 0 - 6 years exp. (18 salaries)	₹5 L/yr - ₹16 L/yr 118% more
Wipro Production Engineer Salary 1 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹7.5 L/yr 8% more
Tech Mahindra Production Engineer Salary 0 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹5.7 L/yr 30% more

Production Engineer salary at Magnum Forge & Machine Works ranges between ₹2.6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Forge & Machine Works.

Experience wise Magnum Forge & Machine Works Production Engineer salaries in Pune

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Magnum Forge & Machine Works

Quality Engineer Salary

(6 salaries)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(3 salaries)

₹5.2 L/yr - ₹7.2 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 Production Engineer Salary FAQs

What is the salary of Production Engineer at Magnum Forge & Machine Works Pune?

Production Engineer salary at Magnum Forge & Machine Works in Pune ranges between ₹2.6 Lakhs to ₹7.3 Lakhs for experience between 8 years to 12 years. According to our estimates it is 13% more than the average Production Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnum Forge & Machine Works Pune.

How does the salary of a Production Engineer at Magnum Forge & Machine Works Pune compare with the average salary range for this job?

The average salary of a Production Engineer at Magnum Forge & Machine Works is 13% more than the average salary of a Production Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Forge & Machine Works to a Production Engineer in Pune?

LTIMindtree Production Engineer Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Larsen & Toubro Limited Production Engineer Salary - ₹1.8 Lakhs to ₹6.5 Lakhs per year
TCS Production Engineer Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year
Tech Mahindra Production Engineer Salary - ₹4.1 Lakhs to ₹5.7 Lakhs per year
Wipro Production Engineer Salary - ₹1.8 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Production Engineer in companies similar to Magnum Forge & Machine Works in Pune?

Thermax Limited Production Engineer Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year
Kirloskar Brothers Production Engineer Salary - ₹1.9 Lakhs to ₹5.1 Lakhs per year
Bharat Forge Production Engineer Salary - ₹1.5 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Production Engineer at Magnum Forge & Machine Works in Pune?

The estimated take-home salary of a Production Engineer at Magnum Forge & Machine Works ranges between ₹30,535 per month to ₹31,841 per month in Pune. The take-home salary calculation is based on the average Magnum Forge & Machine Works Production Engineer salary in India which ranges between ₹2.6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Production Engineer at Magnum Forge & Machine Works in Pune?

According to AmbitionBox, 100% of the Magnum Forge & Machine Works Production Engineers in Pune reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnum Forge & Machine Works Production Engineer Salaries in Pune

Magnum Forge & Machine Works Production Engineer salary in Pune ranges between ₹2.6 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Forge & Machine Works latest salaries received from various employees of Magnum Forge & Machine Works.