Bharat Forge Deputy Manager Materials Salaries by 7 Employees

8 - 16 years exp.

₹7 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Deputy Manager Materials Salary in Auto Components Companies for 8 - 16 years of experience

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Last Updated: 22 Sep 2024

Companies similar to Bharat Forge for Deputy Manager Materials

Company name	Avg Annual Salary	Open Jobs
Exide Industries Deputy Manager Materials Salary 14 - 18 years exp. (9 salaries)	₹12 L/yr - ₹13.7 L/yr 27% more
UNO Minda Deputy Manager Materials Salary 9 - 12 years exp. (4 salaries)	₹9.7 L/yr - ₹11.5 L/yr 4% more
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India Nippon Electricals Deputy Manager Materials Salary 15 - 18 years exp. (4 salaries)	₹9.2 L/yr - ₹24 L/yr 37% more
Lumax Industries Deputy Manager Materials Salary 15 - 20 years exp. (3 salaries)	₹8.1 L/yr - ₹10.4 L/yr 10% less
Pricol Deputy Manager Materials Salary 9 - 20 years exp. (3 salaries)	₹10.2 L/yr - ₹15 L/yr 18% more

Deputy Manager Materials salary at Bharat Forge ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Bharat Forge.

Experience wise Bharat Forge Deputy Manager Materials salaries

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.1 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.2 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
15+ years (AmbitionBox Estimate)	₹12 L/yr - ₹13 L/yr

View all

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Salary related reviews for Bharat Forge

2.0

Rated by 2 employees for salary & benefits

PPC Engineer in Pune

Full Time

Procurement & Supply Chain Department

3.0

• posted on 03 Apr 2025

4.0

for Salary and Benefits

Likes

Working in bharat forge is like Govt Job. yiu just need to be safe in each matter rather than unnecessary " Udta Tir Lena" Salary is also getting on time.

Salary - Good

+3 more

Dislikes

Promotion is very crucial part. you need to be boss favorite for this need. but even if you get promotion roles & responsibilities are always same. peoples getting promoted 1 position for 11 years. company culture is also like good but you need to adapt this else you will be alone forever.

Promotions - Poor

+1 more

Assistant Manager in Pune

Full Time

Research & Development Department

1.0

• posted on 08 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...eiving on time... Delayed by 7 to 12 days every month with unexpected deduction. Lots of salary deduction. LTA not paid in every month. Here is hike like 1.5% to 2% annual. Lots of politics in company. No learnings. Work-life balance is zero. Leaves policy is so bad. Not only leaves policy but all policy are not in employees favour. Think 100 times before joining this company.

Salary - Bad

+6 more

Quality Engineer in Pune

Full Time

Quality Assurance Department

3.0

• posted on 09 Feb 2025

3.0

for Salary and Benefits

Likes

Salary on time, good canteen, health insurance and safety.

Skill development - Good

Dislikes

To much politics and favourasim at all level. Donkeys are everywhere, skilled persons left after 1-2 years. No growth opportunity for Juniors. Workers enjoy all benefits, officers are only for work.

Promotions - Poor

+3 more

Trainee in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Dec 2024

5.0

for Salary and Benefits

Likes

Bharat forge company is very good. A lot of attention is paid to safety in India. Salary is received on time in Bharat Forge Company. Proper training for everything is given in Bharat Forge Company.

Salary - Excellent

+6 more

Dislikes

No dislike

Assistant Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

Big name. Many verticals like new vertical of Defence. Fresher can get knowledge as well as company promotes their employee fir higher education.

Skill development - Good

+2 more

Dislikes

Salary and yearly appraisal are very low as compare to other MNC

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bharat Forge Deputy Manager Materials Salary FAQs

What is the salary of Deputy Manager Materials at Bharat Forge ?

The average salary of a Deputy Manager Materials at Bharat Forge in India typically ranges from ₹7.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Deputy Manager Materials at Bharat Forge earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Deputy Manager Materials Salaries at Bharat Forge 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 7 Bharat Forge employees in India.

What is the estimated take home salary of a Deputy Manager Materials at Bharat Forge in India?

The estimated take-home salary of a Deputy Manager Materials at Bharat Forge in India typically ranges from ₹72,839 to ₹74,719 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 8 years to 16 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 7 salaries received from various employees of Bharat Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bharat Forge for Deputy Manager Materials in India?

India Nippon Electricals	₹9.2 Lakhs to ₹24.0 Lakhs per year
Exide Industries	₹12.0 Lakhs to ₹13.7 Lakhs per year
Pricol	₹10.2 Lakhs to ₹15.0 Lakhs per year
UNO Minda	₹9.7 Lakhs to ₹11.5 Lakhs per year

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

What is the salary of a Deputy Manager Materials in companies similar to Bharat Forge in India?

The salary of a Deputy Manager Materials at companies similar to Bharat Forge in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lumax Industries

₹8.1 Lakhs to ₹10.4 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 Deputy Manager Materials at Bharat Forge in India?

The salary growth for a Deputy Manager Materials at Bharat Forge depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Materials can expect the following growth trajectory at Bharat Forge:

Experience	Average Salary Range
8 years	₹7.0 Lakhs to ₹13.1 Lakhs per year
9 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
10 years	₹3.5 Lakhs to ₹9.0 Lakhs per year
11 years	₹9.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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Bharat Forge Deputy Manager Materials Salaries

Bharat Forge Deputy Manager Materials salary in India ranges between ₹7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bharat Forge latest salaries received from various employees of Bharat Forge.