Underground Magnetics Production Engineer Salaries by 4 Employees

4 - 7 years exp.

₹2.7 Lakhs - ₹3.9 Lakhs

Salary of majority employees

14% less than the average Production Engineer Salary for 4 - 7 years of experience

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Salaries in different departments

Research & Development Production Engineer Salary 4 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.7 L/yr
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Production, Manufacturing & Engineering Production Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Underground Magnetics for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Magneti Marelli Motherson Auto System Production Engineer Salary 0 - 6 years exp. (70 salaries)	₹1.2 L/yr - ₹5.1 L/yr 20% less
Madras Engineering Industries Production Engineer Salary 0 - 13 years exp. (36 salaries)	₹1.8 L/yr - ₹6.5 L/yr 19% more
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Chandan Steel Production Engineer Salary 1 - 7 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 10% less
Marelli Motherson Automotive Lighting Production Engineer Salary 1 - 8 years exp. (21 salaries)	₹1.8 L/yr - ₹5.5 L/yr 4% more
Patil Group Production Engineer Salary 0 - 5 years exp. (14 salaries)	₹2 L/yr - ₹3.2 L/yr 11% less
TriGeo Technologies Production Engineer Salary 0 - 2 years exp. (7 salaries)	₹1.7 L/yr - ₹2.7 L/yr 48% less
Balaji Enterprises Production Engineer Salary 1 - 13 years exp. (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr 15% less
Sun Mobility Production Engineer Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹6.2 L/yr 57% more
Hi-Tech Production Engineer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 6% less
GAMMON INDIA Production Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 11% less

Production Engineer salary at Underground Magnetics ranges between ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Underground Magnetics.

Experience wise Underground Magnetics Production Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹3.9 L/yr

Similar Designation salaries in Underground Magnetics

Senior Production Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Underground Magnetics Production Engineer Salary FAQs

What is the salary of Production Engineer at Underground Magnetics ?

The average salary of a Production Engineer at Underground Magnetics in India typically ranges from ₹2.7 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Production Engineer at Underground Magnetics earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Production Engineer Salaries at Underground Magnetics 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 4 Underground Magnetics employees in India.

What is the estimated take home salary of a Production Engineer at Underground Magnetics in India?

The estimated take-home salary of a Production Engineer at Underground Magnetics in India typically ranges from ₹23,822 to ₹25,278 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 4 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 4 salaries received from various employees of Underground Magnetics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Underground Magnetics for Production Engineer in India?

Sun Mobility	₹4.5 Lakhs to ₹6.2 Lakhs per year
Madras Engineering Industries	₹1.8 Lakhs to ₹6.5 Lakhs per year
Marelli Motherson Automotive Lighting	₹1.8 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Underground Magnetics, depending on the role and experience level.

What is the salary of a Production Engineer in companies similar to Underground Magnetics in India?

The salary of a Production Engineer at companies similar to Underground Magnetics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hi-Tech	₹2.0 Lakhs to ₹4.2 Lakhs per year
Chandan Steel	₹2.0 Lakhs to ₹4.3 Lakhs per year
Patil Group	₹2.0 Lakhs to ₹3.2 Lakhs per year
GAMMON INDIA	₹2.3 Lakhs to ₹3.5 Lakhs per year
Balaji Enterprises	₹2.2 Lakhs to ₹3.5 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 Production Engineer at Underground Magnetics in India?

The salary growth for a Production Engineer at Underground Magnetics depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Underground Magnetics:

Experience	Average Salary Range
4 years	₹2.7 Lakhs to ₹2.7 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.5 Lakhs per year
6 years	₹1.4 Lakhs to ₹3.7 Lakhs per year
7 years	₹3.9 Lakhs to ₹3.9 Lakhs per year

and so on.

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Underground Magnetics Production Engineer Salaries

Underground Magnetics Production Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Underground Magnetics latest salaries received from various employees of Underground Magnetics.