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Magnum Mi Steel Senior Production Engineer salaries in India (Updated 2025)

Annual salary range
5 - 7 years exp.
₹3.2 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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32% less than the average Senior Production Engineer Salary in Iron & Steel Companies for 5 - 7 years of experience

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Last Updated: 23 Feb 2025

Companies similar to Magnum Mi Steel for Senior Production Engineer

Company name Avg Annual Salary Open Jobs
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₹3.6 L/yr - ₹6.3 L/yr

arrow icon 11% more
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₹4.2 L/yr - ₹5.6 L/yr

arrow icon 10% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 7% less
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Hmm Infra Senior Production Engineer Salary

1 - 11 years exp. (5 salaries)

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₹5.6 L/yr - ₹6.5 L/yr

arrow icon 47% more
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₹6.6 L/yr - ₹7.8 L/yr

arrow icon 68% more
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₹6.3 L/yr - ₹6.8 L/yr

arrow icon 59% more
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₹4 L/yr - ₹5.7 L/yr

arrow icon 15% more
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₹4.5 L/yr - ₹4.8 L/yr

arrow icon 11% more
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₹4 L/yr - ₹5 L/yr

arrow icon 5% more
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₹3.4 L/yr - ₹5.6 L/yr

arrow icon 9% more
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₹3.6 L/yr - ₹7.3 L/yr

arrow icon 9% more
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₹5.8 L/yr - ₹7.3 L/yr

arrow icon 52% more
Senior Production Engineer salary at Magnum Mi Steel ranges between ₹3.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Magnum Mi Steel.

Latest annual salaries shared by Magnum Mi Steel Senior Production Engineer

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7 years exp.
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Experience wise Magnum Mi Steel Senior Production Engineer salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.2 L/yr
6 years  (3 salaries)

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₹3.2 L/yr - ₹4.2 L/yr
7 years  (5 salaries)

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₹3.7 L/yr - ₹5.4 L/yr

Similar Designation salaries in Magnum Mi Steel

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₹3.5 L/yr - ₹5.5 L/yr
Senior Engineer Salary
(10 salaries)
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₹4 L/yr - ₹5.4 L/yr
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₹9.95 L/yr - ₹12.35 L/yr
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₹2 L/yr - ₹3 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
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₹3.6 L/yr - ₹4.85 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹14.6 L/yr - ₹18.6 L/yr
Deputy Manager Salary
(5 salaries)
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₹8.05 L/yr - ₹10.8 L/yr
Plant Head Salary
(6 salaries)
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₹15 L/yr - ₹22 L/yr
Supervisor Salary
(4 salaries)
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₹1.2 L/yr - ₹3 L/yr

Salary related reviews for Magnum Mi Steel

5.0

Rated by 1 employees for salary & benefits

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

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

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

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.

read more

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
see more salary related reviews

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Magnum Mi Steel Senior Production Engineer Salary FAQs

What is the salary of Senior Production Engineer at Magnum Mi Steel ?
The average salary of a Senior Production Engineer at Magnum Mi Steel in India typically ranges from ₹3.2 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Senior Production Engineer at Magnum Mi Steel earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Senior Production Engineer 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 estimates are based on salary data submitted by 9 Magnum Mi Steel employees in India.
What is the estimated take home salary of a Senior Production Engineer at Magnum Mi Steel in India?
The estimated take-home salary of a Senior Production Engineer at Magnum Mi Steel in India typically ranges from ₹30,588 to ₹31,894 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 5 years to 7 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 9 salaries received from various employees of Magnum Mi Steel. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magnum Mi Steel for Senior Production Engineer in India?
Bengal Industries ₹6.6 Lakhs to ₹7.8 Lakhs per year
Jsl Lifestyle ₹6.3 Lakhs to ₹6.8 Lakhs per year
Mukand Sumi Special Steel ₹5.8 Lakhs to ₹7.3 Lakhs per year
Hmm Infra ₹5.6 Lakhs to ₹6.5 Lakhs per year
Ramco Steels ₹4.0 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnum Mi Steel, depending on the role and experience level.
What is the salary of a Senior Production Engineer in companies similar to Magnum Mi Steel in India?
The salary of a Senior Production Engineer at companies similar to Magnum Mi Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AVON TUBETECH ₹4.5 Lakhs to ₹4.8 Lakhs per year
Patton International ₹3.6 Lakhs to ₹6.3 Lakhs per year
Shilpa Steel and Power ₹4.2 Lakhs to ₹5.6 Lakhs per year
Ptc Industries ₹3.6 Lakhs to ₹7.3 Lakhs per year
Accurate Steel Forgings ₹3.4 Lakhs to ₹5.6 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.
How the salary growth look like for a Senior Production Engineer at Magnum Mi Steel in India?
The salary growth for a Senior Production Engineer at Magnum Mi Steel depends on factors such as experience, performance, and promotions. On average, a Senior Production Engineer can expect the following growth trajectory at Magnum Mi Steel:

Experience Average Salary Range
5 years ₹1.6 Lakhs to ₹4.2 Lakhs per year
6 years ₹3.2 Lakhs to ₹4.2 Lakhs per year
7 years ₹3.7 Lakhs to ₹5.4 Lakhs per year
and so on.

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Magnum Mi Steel Senior Production Engineer salary in India ranges between ₹3.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.