Permanent Magnets Mumbai Production Engineer Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Salary of majority employees

15% less than 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. (12 salaries)	₹2.2 L/yr - ₹5.2 L/yr
Project & Program Management Production Engineer Salary 1 - 6 years exp. (4 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 in Mumbai

Permanent Magnets Production Engineer Salary

1 - 8 years exp. (19 salaries)

₹2.2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Production Engineer Salary 1 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr 13% more
Siemens Production Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹10.5 L/yr 56% more
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Hindalco Industries Production Engineer Salary 6 - 9 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 91% more
Viraj Profiles Production Engineer Salary 1 - 9 years exp. (96 salaries)	₹1.8 L/yr - ₹7 L/yr 15% more
EPL Limited Production Engineer Salary 1 - 8 years exp. (71 salaries)	₹1.4 L/yr - ₹3.6 L/yr 16% less

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 19 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Production Engineer salaries in Mumbai

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹3 L/yr
2 years (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.7 L/yr
4 years (5 salaries)	₹1.3 L/yr - ₹4.3 L/yr
5 years (4 salaries)	₹1.5 L/yr - ₹5.2 L/yr
6 years (4 salaries)	₹4.2 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Permanent Magnets

Quality Engineer Salary

(8 salaries)

₹2.75 L/yr - ₹5.08 L/yr

Senior Production Engineer Salary

(5 salaries)

₹5.2 L/yr - ₹6.5 L/yr

Senior Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Salary related reviews for Permanent Magnets

3.7

Rated by 3 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.

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Salary Discussions, Hike & Promotions

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AmbitionBox

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 Mumbai?

Production Engineer salary at Permanent Magnets in Mumbai ranges between ₹2.2 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 15% less than the average Production Engineer Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Permanent Magnets Mumbai.

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

The average salary of a Production Engineer at Permanent Magnets is 15% less than the average salary of a Production Engineer in Mumbai. To know exact salary insights, login to view.

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

Hindalco Industries Production Engineer Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Siemens Production Engineer Salary - ₹3.6 Lakhs to ₹10.5 Lakhs per year
Viraj Profiles Production Engineer Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Thermax Limited Production Engineer Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year

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

EPL Limited Production Engineer Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Production Engineer at Permanent Magnets ranges between ₹25,815 per month to ₹27,242 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the Permanent Magnets Production Engineers in Mumbai 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 in Mumbai

Permanent Magnets Production Engineer salary in Mumbai ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Permanent Magnets latest salaries received from various employees of Permanent Magnets.