Permanent Magnets Production Engineer Salaries by 20+ Employees (Updated 2025)

1 - 8 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Salary of majority employees

At par with the average Production Engineer Salary in Metals & Mining Companies for 1 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 2 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹5.2 L/yr
Project & Program Management Production Engineer Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr
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Research & Development Production Engineer Salary 2 - 8 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

Last Updated: 19 Jan 2025

Companies similar to Permanent Magnets for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Electrosteel Casting Production Engineer Salary 2 - 21 years exp. (10 salaries)	₹3.6 L/yr - ₹5.4 L/yr 18% more
Graphite India Production Engineer Salary 1 - 11 years exp. (14 salaries)	₹3 L/yr - ₹7.7 L/yr 43% more
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Havells Production Engineer Salary 1 - 9 years exp. (116 salaries)	₹0.7 L/yr - ₹6.5 L/yr 4% more
Thermax Limited Production Engineer Salary 1 - 9 years exp. (85 salaries)	₹2.1 L/yr - ₹8 L/yr 10% more
BHEL Production Engineer Salary 0 - 18 years exp. (10 salaries)	₹5 L/yr - ₹16 L/yr 150% more
Siemens Production Engineer Salary 1 - 6 years exp. (38 salaries)	₹1.2 L/yr - ₹8.6 L/yr 23% more
Crompton Greaves Consumer Electricals Production Engineer Salary 2 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹4.2 L/yr 21% less
ABB Production Engineer Salary 2 - 10 years exp. (133 salaries)	₹1.5 L/yr - ₹9.4 L/yr 71% more
Kirloskar Electric Company Production Engineer Salary 2 - 9 years exp. (14 salaries)	₹3 L/yr - ₹4.3 L/yr 4% more
Chandan Steel Production Engineer Salary 0 - 6 years exp. (38 salaries)	₹1.7 L/yr - ₹3.9 L/yr 24% less
Hindalco Industries Production Engineer Salary 2 - 15 years exp. (28 salaries)	₹3.5 L/yr - ₹11.4 L/yr 79% more
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Ashapura Group Of Industries Production Engineer Salary 1 - 7 years exp. (24 salaries)	₹1.7 L/yr - ₹4.5 L/yr 12% less
Carborundum Universal Limited Production Engineer Salary 1 - 12 years exp. (23 salaries)	₹1.8 L/yr - ₹5.3 L/yr 7% less
Jindal Aluminium Production Engineer Salary 0 - 5 years exp. (21 salaries)	₹3.3 L/yr - ₹7.2 L/yr 31% more
SOLAR INDUSTRIES INDIA Production Engineer Salary 2 - 8 years exp. (20 salaries)	₹2.2 L/yr - ₹4.2 L/yr 14% less
Gravita Production Engineer Salary 1 - 9 years exp. (19 salaries)	₹3.5 L/yr - ₹6.5 L/yr 15% more
Vedanta Resources Production Engineer Salary 0 - 9 years exp. (11 salaries)	₹1.6 L/yr - ₹10.6 L/yr 71% more
Orient Abrasives Production Engineer Salary 4 - 6 years exp. (11 salaries)	₹1.9 L/yr - ₹3.3 L/yr 26% less
Maan Aluminium Production Engineer Salary 0 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹3.5 L/yr 28% less
Steelcast Production Engineer Salary 1 - 9 years exp. (7 salaries)	₹2.9 L/yr - ₹5.3 L/yr 11% more

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Production Engineer salary at Permanent Magnets ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 23 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Production Engineer salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹3 L/yr
2 years (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr
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3 years (3 salaries)	₹2.2 L/yr - ₹3 L/yr
4 years (6 salaries)	₹3 L/yr - ₹4.3 L/yr
5 years (4 salaries)	₹1.6 L/yr - ₹5.2 L/yr
6 years (4 salaries)	₹4.2 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Permanent Magnets

Senior Production Engineer Salary

(5 salaries)

₹5.2 L/yr - ₹6.5 L/yr

Senior Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Quality Engineer Salary

(8 salaries)

₹2.75 L/yr - ₹5.08 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Permanent Magnets

3.7

Rated by 6 employees for salary & benefits

Business Development Engineer in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 06 Jan 2025

2.0

for Salary and Benefits

Likes

staff is supportive, paid leaves.. if boss is good. Work culture also good. Stressless work Timing.

Job security - Excellent

+1 more

Dislikes

Leave compensation 300rs for everyone, HR policy very bad, less basic in salary structure as break Indian Pvt company policy also. Salary as per market like bagger. Bad mgmt policy which take advantage of human sychology of worker. Promotion only 8to10%

Salary - Poor

+1 more

R&D Engineer in Thane

Full Time

Research & Development Department

4.0

• posted on 06 Jan 2025

3.0

for Salary and Benefits

Likes

Best company for learning new skills and work ethics. Salary and promotions might not be very good but company culture is very good. Yoh will get to learn a lot as this company does almost all of its projects in house. If you are at the early stage of your career then just go for it.

Skill development - Excellent

+4 more

Dislikes

Salary and promotions might not be very good.

Senior Engineer Marketing in Mira Bhayandar

Full Time

Marketing & Communication Department

4.0

• posted on 21 Apr 2023

3.0

for Salary and Benefits

Likes

1. On time salary 2. Good team and senior support 3. Mediclaim facilities 4. Transportation services 5. Good learning opportunities(interpersonal skill development) 6. Getting lot of new opportunities.

Skill development - Excellent

+3 more

Dislikes

1. Salary 2. Appraisals

HR Manager in Miraroad

HR Department

5.0

• posted on 22 Dec 2021

5.0

for Salary and Benefits

Likes

...here. For performers, the job is always secured at Permanent Magnets Limited. No employee lost his job in this pandemic or had a pay cut. Traveling reimbursement was completely taken care of during the pandemic.

Salary - Excellent

+6 more

Dislikes

Nil

Telephone Operator And Receptionist in Mira Bhayandar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 12 Oct 2023

4.0

for Salary and Benefits

Likes

I have been working at this company since past 10 years and its fantastic journey so far.The positive working culture,supportive staff,and excellent environment.its a great place to work. We get lots of benefits of being part of this company is like PF ,Medical insurance ,travelling facilities. In addition we enjoyed yearly picnic ,get together-party and many more small event . The company prioritizes the well being and happiness of its employees.

Salary - Good

+5 more

Dislikes

There is no such a perfect company as well as employee itself to fulfill each others countless choices ,but we have to select some most important criteria when selecting of the company that we choose for work.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Permanent Magnets Production Engineer Salary FAQs

What is the salary of Production Engineer at Permanent Magnets?

Production Engineer salary at Permanent Magnets in India ranges between ₹2.2 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 3% less than the average Production Engineer Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Permanent Magnets India.

How does the salary of a Production Engineer at Permanent Magnets India compare with the average salary range for this job?

The average salary of a Production Engineer at Permanent Magnets is 3% less than the average salary of a Production Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Permanent Magnets to a Production Engineer in India?

BHEL Production Engineer Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Hindalco Industries Production Engineer Salary - ₹3.5 Lakhs to ₹11.4 Lakhs per year
ABB Production Engineer Salary - ₹1.5 Lakhs to ₹9.4 Lakhs per year
Vedanta Resources Production Engineer Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Graphite India Production Engineer Salary - ₹3.0 Lakhs to ₹7.7 Lakhs per year

What is the salary of a Production Engineer in companies similar to Permanent Magnets in India?

Hindustan Zinc Production Engineer Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
Jindal Aluminium Production Engineer Salary - ₹3.3 Lakhs to ₹7.2 Lakhs per year
Siemens Production Engineer Salary - ₹1.2 Lakhs to ₹8.6 Lakhs per year
Electrosteel Casting Production Engineer Salary - ₹3.6 Lakhs to ₹5.4 Lakhs per year
Rungta Mines Production Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Production Engineer at Permanent Magnets in India?

The estimated take-home salary of a Production Engineer at Permanent Magnets ranges between ₹26,865 per month to ₹28,275 per month in India. The take-home salary calculation is based on the average Permanent Magnets Production Engineer salary in India which ranges between ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Production Engineer at Permanent Magnets?

According to AmbitionBox, 100% of the Permanent Magnets Production Engineers reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Permanent Magnets Production Engineer Salaries

Permanent Magnets Production Engineer salary in India ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Permanent Magnets latest salaries received from various employees of Permanent Magnets.