Furnace Fabrica India Mumbai Project Manager Salaries by 5 Employees

10 - 16 years exp.

₹8.9 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

50% less than the average Project Manager Salary in Engineering & Construction Companies for 10 - 16 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Furnace Fabrica India for Project Manager in Mumbai

Furnace Fabrica India Project Manager Salary

10 - 16 years exp. (5 salaries)

₹8.9 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Sterling & Wilson Project Manager Salary 11 - 19 years exp. (14 salaries)	₹10.5 L/yr - ₹23 L/yr 51% more
Gammon Engineers And Contractors Project Manager Salary 12 - 29 years exp. (10 salaries)	₹13.5 L/yr - ₹15.7 L/yr 59% more
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Eversendai Project Manager Salary 16 - 22 years exp. (6 salaries)	₹9.5 L/yr - ₹15.1 L/yr 37% more
Turner Construction Project Manager Salary 16 - 27 years exp. (4 salaries)	₹24 L/yr - ₹39.1 L/yr 291% more
The Louis Berger Group Project Manager Salary 23 - 33 years exp. (4 salaries)	₹61.8 L/yr - ₹97 L/yr 651% more

Project Manager salary at Furnace Fabrica India ranges between ₹8.9 Lakhs to ₹16 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Furnace Fabrica India.

Experience wise Furnace Fabrica India Project Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
14 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr

View all

Similar Designation salaries in Furnace Fabrica India

Project Coordinator Salary

(4 salaries)

₹3.8 L/yr - ₹6.3 L/yr

Salary related reviews for Furnace Fabrica India

Project Manager in Navi Mumbai

Project & Program Management Department

5.0

• posted on 20 Apr 2019

2.0

for Salary and Benefits

Likes

Excellent company with lot to learn. Management and teeammates are very supportive.

Skill development - Good

+5 more

Dislikes

If you joined with a good package it's ok but if you wants salary growth while working forget it. HR policies need to be revised.

Salary - Poor

Civil Engineer in Navi Mumbai

Contractual

Construction & Site Engineering Department

5.0

• posted on 23 Jun 2023

5.0

for Salary and Benefits

Likes

Furnace Fabrica is a wonderful company. I love that culture and environment so many things for appreciation. But now the situation is really bad in financial status.

Salary - Excellent

+6 more

Dislikes

Nothing. Salary not in timing. now the situation is worst.

Senior Project Engineer in Navi Mumbai

Procurement & Supply Chain Department

5.0

• posted on 29 Jan 2022

4.0

for Salary and Benefits

Likes

It is turnkey base company & got quite good exposure for pressure vessel like boiler system, heat exchanger, incinerator package supplied in India as well as abroad also.

Salary - Good

+6 more

Dislikes

Everything is good at furnace fabrica

Resident Construction Manager - Civil in Mumbai Suburban

Construction & Site Engineering Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Not a single point of liking,worst company I have ever worked,will not recommend anyone to join

Dislikes

...te with manpower,material 5) No job security,you can be terminated on spot 6)Package very poor 7)No leave,taking leave means termination 8)Most most most worst company I have ever worked,please don’t join

Salary - Bad

+6 more

Senior Construction Manager in Mumbai

Full Time

Construction & Site Engineering Department

1.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

I will suggest all employees not to join this company. This is the worst company in construction industry in all respect.

Dislikes

Every activity, system, rules and regulations are worst. How many things I will mention?

Salary - Bad

+6 more

see more salary related reviews

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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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Furnace Fabrica India Project Manager Salary FAQs

What is the salary of Project Manager at Furnace Fabrica India in Mumbai?

The average salary of a Project Manager at Furnace Fabrica India in Mumbai typically ranges from ₹8.9 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Project Manager in Mumbai at Furnace Fabrica India earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Project Manager Salaries at Furnace Fabrica India 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 Furnace Fabrica India employees in India.

What is the estimated take home salary of a Project Manager at Furnace Fabrica India in Mumbai?

The estimated take-home salary of a Project Manager at Furnace Fabrica India in Mumbai typically ranges from ₹69,766 to ₹71,559 per month. This is based on the average salary range of ₹8.9 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 10 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 5 salaries received from various employees of Furnace Fabrica India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Furnace Fabrica India for Project Manager in India?

The Louis Berger Group	₹61.8 Lakhs to ₹97.0 Lakhs per year
Turner Construction	₹24.0 Lakhs to ₹39.1 Lakhs per year
Gammon Engineers And Contractors	₹13.5 Lakhs to ₹15.7 Lakhs per year
Sterling & Wilson	₹10.5 Lakhs to ₹23.0 Lakhs per year
Eversendai	₹9.5 Lakhs to ₹15.1 Lakhs per year

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

How the salary growth look like for a Project Manager at Furnace Fabrica India in Mumbai?

The salary growth for a Project Manager at Furnace Fabrica India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Manager in Mumbai can expect the following growth trajectory at Furnace Fabrica India:

Experience	Average Salary Range
10 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years	₹9.7 Lakhs to ₹12.4 Lakhs per year
13 years	₹10.4 Lakhs to ₹13.3 Lakhs per year

and so on.

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Furnace Fabrica India Project Manager Salaries in Mumbai

Furnace Fabrica India Project Manager salary in Mumbai ranges between ₹8.9 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Furnace Fabrica India latest salaries received from various employees of Furnace Fabrica India.