Akar Auto Industries Purchase Engineer Salaries by 4 Employees (Updated 2024)

2 - 4 years exp.

₹3.8 Lakhs - ₹5.8 Lakhs

Salary of majority employees

18% more than the average Purchase Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 17 Nov 2024

Companies similar to Akar Auto Industries for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Purchase Engineer Salary 2 - 9 years exp. (14 salaries)	₹2.7 L/yr - ₹7 L/yr 4% less
Samvardhana Motherson Group Purchase Engineer Salary 1 - 4 years exp. (15 salaries)	₹2.2 L/yr - ₹4.2 L/yr 31% less
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Mahindra & Mahindra Purchase Engineer Salary 1 - 5 years exp. (23 salaries)	₹2.1 L/yr - ₹6 L/yr 19% less
Tata Motors Purchase Engineer Salary 1 - 5 years exp. (92 salaries)	₹2 L/yr - ₹4.8 L/yr 29% less
Maruti Suzuki Purchase Engineer Salary 3 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹8.1 L/yr 16% more
Ashok Leyland Purchase Engineer Salary 0 - 7 years exp. (12 salaries)	₹2.2 L/yr - ₹6 L/yr 26% less
Hero MotoCorp Purchase Engineer Salary 5 - 8 years exp. (5 salaries)	₹6.2 L/yr - ₹7.5 L/yr 49% more
TVS Motor Purchase Engineer Salary 2 - 8 years exp. (24 salaries)	₹2.8 L/yr - ₹8.5 L/yr 21% more
Bajaj Auto Purchase Engineer Salary 1 - 13 years exp. (7 salaries)	₹3.2 L/yr - ₹8.3 L/yr 25% more
ZF Steering Gear Purchase Engineer Salary 2 - 6 years exp. (22 salaries)	₹1.8 L/yr - ₹5.5 L/yr 26% less
Magna International Purchase Engineer Salary 3 - 9 years exp. (15 salaries)	₹3.4 L/yr - ₹6 L/yr 14% more
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Mitsuba Sical Purchase Engineer Salary 5 - 12 years exp. (7 salaries)	₹7 L/yr - ₹10 L/yr 80% more
Fiem Industries Purchase Engineer Salary 1 - 6 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 18% less
Shivam Autotech Purchase Engineer Salary 2 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹3.4 L/yr 31% less
Precision Camshafts Purchase Engineer Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 33% less
Rane Brake Lining Purchase Engineer Salary 0 - 6 years exp. (5 salaries)	₹1 L/yr - ₹4.5 L/yr 42% less
ABC Bearings Purchase Engineer Salary 2 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹3.2 L/yr 49% less
Bharat Seats Purchase Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹5.3 L/yr 9% less
Omax Autos Purchase Engineer Salary 3 - 7 years exp. (4 salaries)	₹3.7 L/yr - ₹4 L/yr 16% less
Greaves Cotton Purchase Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.8 L/yr 52% less

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Purchase Engineer salary at Akar Auto Industries ranges between ₹3.8 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Akar Auto Industries.

Experience wise Akar Auto Industries Purchase Engineer salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Akar Auto Industries

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Senior Engineer Salary

(4 salaries)

₹2.7 L/yr - ₹3.6 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹9.5 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

SAP MM Consultant Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Salary related reviews for Akar Auto Industries

4.0

Rated by 1 employees for salary & benefits

Department Head in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2024

1.0

for Salary and Benefits

Likes

,don't

Dislikes

Salary not on time, you will get April salary on 31 may, basic facilities not available like family Insurance, company out side from MIDC & transport not available from city, Appraisal not as per standard only 4-6 & maximum 8 percentage, this will be late 6-7 month, HR not clear all things on time of interview or joining, salary slip, joining later, increment later if you ask to HR, hi see to you like you want this Half property, appraisal also not as per your last year working, dedication, equal to all 4-6% & your relation with top management. If you job here then join the some people club, if you don't join club this will be Target you.

Engineer in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 30 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

At the time of joining hr did not clear all the policies of company. Payment is late by the one month ( You get March payment at 1 May) Company don't have bus facilities for general shift. Canteen is available but not good you get only potato bhaji every day. You don't have any kind of insurance policy. You get only 4 To 6 % increment. increment is dely by 6-7 Months.

Marketing Manager in Aurangabad

Marketing & Communication Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

The company provides a platform for you to contribute in multiple avenues and I suppose if you have an eagerness to learn you can learn a lot .

Dislikes

Technology is outdated The teams do not share the same vision as the top management

Senior Marketing Manager in Pune

Sales & Business Development Department

2.0

• posted on 14 Nov 2021

1.0

for Salary and Benefits

Likes

Nothing like as boss is good but the top management does not have any vision where to explore and how to behave with employees, they must have known that employees are always asset for company.

Dislikes

Management should learn employees are asset of company and they need to behave properly and give respect to all.

Deputy General Manager in Aurangabad

Project & Program Management Department

1.0

• posted on 20 Apr 2022

1.0

for Salary and Benefits

Likes

Worst please to work. Never join akar tools. No job security. Poor management. Company police's not clear to employes. Violation of environment tools.

Dislikes

Lot of politics MD is taking actions without knowing truth. Is also not keeping his words.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Akar Auto Industries Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Akar Auto Industries?

Purchase Engineer salary at Akar Auto Industries in India ranges between ₹3.8 Lakhs to ₹5.8 Lakhs for experience between 2 years to 4 years. According to our estimates it is 18% more than the average Purchase Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Akar Auto Industries India.

How does the salary of a Purchase Engineer at Akar Auto Industries India compare with the average salary range for this job?

The average salary of a Purchase Engineer at Akar Auto Industries is 18% more than the average salary of a Purchase Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Akar Auto Industries to a Purchase Engineer in India?

Mitsuba Sical Purchase Engineer Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Hero MotoCorp Purchase Engineer Salary - ₹6.2 Lakhs to ₹7.5 Lakhs per year
Bajaj Auto Purchase Engineer Salary - ₹3.2 Lakhs to ₹8.3 Lakhs per year
TVS Motor Purchase Engineer Salary - ₹2.8 Lakhs to ₹8.5 Lakhs per year
Maruti Suzuki Purchase Engineer Salary - ₹2.4 Lakhs to ₹8.1 Lakhs per year

What is the salary of a Purchase Engineer in companies similar to Akar Auto Industries in India?

Magna International Purchase Engineer Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
Bharat Forge Purchase Engineer Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
Bharat Seats Purchase Engineer Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year
Omax Autos Purchase Engineer Salary - ₹3.7 Lakhs to ₹4.0 Lakhs per year
Fiem Industries Purchase Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Purchase Engineer at Akar Auto Industries in India?

The estimated take-home salary of a Purchase Engineer at Akar Auto Industries ranges between ₹34,351 per month to ₹35,600 per month in India. The take-home salary calculation is based on the average Akar Auto Industries Purchase Engineer salary in India which ranges between ₹3.8 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Purchase Engineer at Akar Auto Industries?

According to AmbitionBox, 67% of the Akar Auto Industries Purchase Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Akar Auto Industries Purchase Engineer Salaries

Akar Auto Industries Purchase Engineer salary in India ranges between ₹3.8 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Akar Auto Industries latest salaries received from various employees of Akar Auto Industries.