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Magnum Mi Steel

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3.9

based on 93 Reviews

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Magnum Mi Steel Salaries in India (Updated 2025)

based on 434 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Quality Assurance Procurement & Supply Chain Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Quality Engineer

1 - 7 years exp. (14 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

Senior Engineer

4 - 10 years exp. (10 salaries)
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₹4 L/yr - ₹5.4 L/yr

Production Manager

10 - 17 years exp. (10 salaries)
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₹10 L/yr - ₹12.4 L/yr

Senior Production Engineer

5 - 7 years exp. (9 salaries)
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₹3.2 L/yr - ₹5.4 L/yr

Starting your career? Discover Magnum Mi Steel fresher salaries in India

Production Engineer

4 - 6 years exp. (7 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Plant Head

25 - 31 years exp. (6 salaries)
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₹15 L/yr - ₹22 L/yr

Executive Accountant

4 - 10 years exp. (6 salaries)
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₹3 L/yr - ₹3.6 L/yr

Senior Quality Engineer

6 - 12 years exp. (6 salaries)
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₹3.6 L/yr - ₹5 L/yr

Deputy Manager

9 - 22 years exp. (5 salaries)
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₹8.1 L/yr - ₹10.8 L/yr

Assistant Manager Information Technology

8 - 11 years exp. (5 salaries)
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₹7.2 L/yr - ₹8.4 L/yr

Junior Engineer

3 - 5 years exp. (5 salaries)
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₹2 L/yr - ₹3 L/yr

QA Engineer

2 - 5 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.8 L/yr

Supervisor

0 - 13 years exp. (4 salaries)
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₹1.2 L/yr - ₹3 L/yr

Graduate Engineer Trainee (Get)

0 - 1 year exp. (4 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

QA QC Engineer

2 - 4 years exp. (4 salaries)
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₹2.7 L/yr - ₹4.2 L/yr

Assistant Manager - Production

9 - 13 years exp. (4 salaries)
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₹5.5 L/yr - ₹7.2 L/yr

Assistant Manager Maintenance

7 - 11 years exp. (4 salaries)
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₹5.4 L/yr - ₹7 L/yr

Electrical Supervisor

7 - 10 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.1 L/yr

Data Entry Operator

2 - 4 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Electrical Maintenance Engineer

6 - 11 years exp. (4 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 20 Mar, 2025

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a manager - business analyst
Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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Salary related reviews for Magnum Mi Steel

3.6

Rated by 93 employees for salary & benefits

Production Engineer in Delhi

Mechanical engineering Department

5.0
  •  posted on 11 Jun 2021
2.0
 for  Salary and Benefits

Likes

Good work environment and culture.company policies are good, appraisal are fair and they good salary and bonus every year .

read more
  • Skill development - Excellent
    • +5 more

Dislikes

There is a lot of politics and the management address our issues.on the job training is not good.

  • Salary - Poor

Dispatch Supervisor in New Delhi

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 24 Apr 2024
2.0
 for  Salary and Benefits

Likes

The only thing is that they are good into business

Dislikes

The work culture is bad and don’t have fixed off on sat. There is no time table at the time of interview they say 8 hrs job but it extend up to 12-13 hours with no overtime.

read more
  • Salary - Poor
    • +4 more

Store Incharge in Gurgaon / Gurugram

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 06 Nov 2023
1.0
 for  Salary and Benefits

Likes

This is a very nice culture and good seniors behaviour and good performance but not promotions improvement.

  • Skill development - Excellent
    • +3 more

Dislikes

Company culture good but Some people do very bad politics which I don't like politics system.

  • Salary - Bad
    • +1 more

Assistant Manager- Purchase in Bawal

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 17 Jul 2019
3.0
 for  Salary and Benefits

Likes

Magnum MI Steel, company is too good for a local Employees to grow and learning.

  • Skill development - Good
    • +3 more

Dislikes

About dislike is nothing, all over organization is good. But there is not available canteen where employees can sit and take rest in lunch time. I don't want to say about accommodating (food) but there should be a relexable place to take rest.

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Executive in Gurgaon / Gurugram

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 02 Oct 2023
2.0
 for  Salary and Benefits

Likes

Outer looks of company.

Dislikes

No basic facility like Good quality Ro water for drinking & Toilet condition is worst. Plant head is very Rude and Egoist person only Tel pani person can servior there. NO basic culture to growth....My experience is worst with this company. No appreciation on work even I work for 15-16 hours some time as I was there in RND depart.

read more
  • Salary - Poor
    • +5 more
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Magnum Mi Steel interview questions by designations

Assistant Manager Maintenance (1)Assistant Store Manager (1)Assistant Manager Procurement (1)Quality Laboratory Engineer (1)
View all 7 interview experiences
More about working at Magnum Mi Steel

Magnum Mi Steel Salary FAQs

How much does Magnum Mi Steel pay to its employees?
The average annual salary at Magnum Mi Steel varies depending on the role, experience, and location. The salary ranges for some popular designations at Magnum Mi Steel, are as follows:

Quality Engineer ₹1.8 Lakhs to ₹3.6 Lakhs per year
Senior Engineer ₹4 Lakhs to ₹5.4 Lakhs per year
Production Manager ₹10 Lakhs to ₹12.4 Lakhs per year
Senior Production Engineer ₹3.2 Lakhs to ₹5.4 Lakhs per year

The highest-paying role, Plant Head, earns between ₹15 Lakhs to ₹22 Lakhs per year. The top 10% of employees earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹18 Lakhs per year. Salaries at Magnum Mi Steel 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 salary estimates are based on data from 434 salaries submitted by Magnum Mi Steel employees. Magnum Mi Steel is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.

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Magnum Mi Steel Salaries by Location

Average annual salary in Magnum Mi Steel is INRunlock blur . Salary estimates are based on 400+ Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.

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