Bharat Forge Procurement Engineer Salaries by 5 Employees

2 - 8 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹4.1 Lakhs

Variable (5%)

₹0.2 Lakh

8% less than the average Procurement Engineer Salary in Auto Components Companies for 2 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Engineer Salary 2 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹4.2 L/yr
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Production, Manufacturing & Engineering Procurement Engineer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to Bharat Forge for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros Procurement Engineer Salary 1 - 11 years exp. (8 salaries)	₹2 L/yr - ₹4 L/yr 31% less
Endurance Technologies Procurement Engineer Salary 0 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹3.8 L/yr 20% less
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Motherson Automotive Technologies and Engineering Procurement Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.8 L/yr - ₹3.6 L/yr 27% less
JBM Group Procurement Engineer Salary 3 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr At par
UNO Minda Procurement Engineer Salary 1 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹5 L/yr 13% less
Belrise Industries Procurement Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹5.1 L/yr 29% less
Mando Automotive Procurement Engineer Salary 6 - 8 years exp. (4 salaries)	₹4.4 L/yr - ₹5 L/yr 8% more
Apollo Tyres Procurement Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.1 L/yr - ₹2.5 L/yr 67% less
Tata Marcopolo Motors Procurement Engineer Salary 1 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 11% less
Gabriel India Procurement Engineer Salary 3 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹12 L/yr 78% more
Delphi TVS Procurement Engineer Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 46% less
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Procurement Engineer salary at Bharat Forge ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bharat Forge.

Experience wise Bharat Forge Procurement Engineer salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Bharat Forge

Project Engineer Salary

(10 salaries)

₹2.15 L/yr - ₹5.1 L/yr

Purchase Engineer Salary

(13 salaries)

₹1.9 L/yr - ₹5.8 L/yr

Executive Engineer Salary

(4 salaries)

₹5 L/yr - ₹7.2 L/yr

Graduate Engineer Salary

(8 salaries)

₹3 L/yr - ₹4.9 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Senior Engineer Salary

(47 salaries)

₹2.9 L/yr - ₹7.1 L/yr

Junior Engineer Salary

(121 salaries)

₹1.7 L/yr - ₹6.49 L/yr

SCM Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Supply Chain Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for Bharat Forge

Deputy Manager in Baramati

Full Time

Project & Program Management Department

4.0

• posted on 22 Aug 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. sometimes, I have to work 10-12 hours straight in a day.

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

Diploma Trainee Engineer in Hyderabad / Secunderabad

Full Time

Research & Development Department

5.0

• posted on 23 Jun 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 20 Jul 2020

4.0

for Salary and Benefits

Likes

Webinar Training through out Covid 19 lockdown & allowed to work from home. Salary on time. Focused on future training like Industry 4.0 from basic to advanced for every one. Advanced features training lab.

Salary - Good

+5 more

Dislikes

Career growth is Slow down due to Industrial recession & now Covid 19 is going to affect future growth. Company's Loss in profit is increased as compared to new investment. Return on expansion (Payback period ) is increased due to slowdown which will definitely affect future.

see more salary related reviews

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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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Bharat Forge Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Bharat Forge ?

The average salary of a Procurement Engineer at Bharat Forge in India typically ranges from ₹3.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Procurement Engineer at Bharat Forge earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Procurement Engineer 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 5 Bharat Forge employees in India.

What is the estimated take home salary of a Procurement Engineer at Bharat Forge in India?

The estimated take-home salary of a Procurement Engineer at Bharat Forge in India typically ranges from ₹31,923 to ₹33,209 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 5 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 Procurement Engineer in India?

Gabriel India	₹3.3 Lakhs to ₹12.0 Lakhs per year
Mando Automotive	₹4.4 Lakhs to ₹5.0 Lakhs per year
JBM Group	₹3.5 Lakhs to ₹5.0 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 Procurement Engineer in companies similar to Bharat Forge in India?

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

Tata Marcopolo Motors	₹3.5 Lakhs to ₹4.0 Lakhs per year
UNO Minda	₹3.3 Lakhs to ₹5.0 Lakhs per year
Endurance Technologies	₹2.5 Lakhs to ₹3.8 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.8 Lakhs to ₹3.6 Lakhs per year
Belrise Industries	₹2.3 Lakhs to ₹5.1 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 Procurement Engineer at Bharat Forge in India?

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

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹6.2 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.2 Lakhs per year
4 years	₹1.6 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Bharat Forge Procurement Engineer Salaries

Bharat Forge Procurement Engineer salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bharat Forge latest salaries received from various employees of Bharat Forge.