Gemsons Precision Engineering Procurement Engineer Salaries by 4 Employees (Updated 2025)

1 - 6 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Procurement Engineer Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Salaries in different departments

Quality Assurance Procurement Engineer Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
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Procurement & Supply Chain Procurement Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 31 Jan 2025

Companies similar to Gemsons Precision Engineering for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
The Acetech Machinery Components Procurement Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.4 L/yr 27% less
KHD Humboldt Wedag Procurement Engineer Salary 0 - 2 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 15% less
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Case New-Holland Construction Equipment India Procurement Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹6 L/yr 12% less
PMT Machines Procurement Engineer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 33% less
Sparkline Equipments Procurement Engineer Salary 1 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹6.2 L/yr 5% less
Liebherr Appliances India Procurement Engineer Salary 4 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹4.5 L/yr 14% less
Sieger Spintech Equipments Procurement Engineer Salary 5 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 28% less

Procurement Engineer salary at Gemsons Precision Engineering ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Gemsons Precision Engineering.

Experience wise Gemsons Precision Engineering Procurement Engineer salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Gemsons Precision Engineering

Sourcing Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Purchase Executive Salary

(3 salaries)

₹20.2 L/yr - ₹20.2 L/yr

Deputy Manager Salary

(3 salaries)

₹5.2 L/yr - ₹10.4 L/yr

Salary related reviews for Gemsons Precision Engineering

QA Engineer

Production, Manufacturing & Engineering Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

Its totally waste of time. Very bad behavior from Management. No carreir growth, no salary increament, no weekday off.

Dislikes

Very bad culture, No career growth, very less salary, salary is calculated on daily hrs of working same like unskilled workers no fix salary. No weekday off. Treating like servants.

Salary - Bad

+6 more

VMC Operator in Vasai-Virar

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 02 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Rude Management and office workers, unhealthy and primitive work environment, 10.5 hours of shift never seen that anywhere in my life, 3rd class travelling bus, no canteen, no facilities, no increment for the common workers, it's literally a gov. Approved sweatshop, the hard working young men have no future in this company.

Salary - Poor

+6 more

Costing Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

I appreciate working at Gemsons Precision Engineering because it offers continuous opportunities to develop both technical and communication skills. I have gained hands on experience with advanced machinery and improve my ability to collaborate effectively with colleagues, making my work both challenging and fulfilling

Skill development - Good

Dislikes

One of the challenges that I have faced at Gemsons is the management style, which can something involved unfulfilled promises and overly strict polices like bonds, deduction for minor issues. Additionally, the focus on the growth is often determined by negative mindset and internal politics, which can hinder the productivity and a create a unwanted work environment which disturbs your personal as well as professional life. No work life balance they think all employees are slave.

Salary - Poor

+4 more

HR Executive in Korba

Full Time

Energy & Mining Department

1.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

colleague is supporting and friendly,

Dislikes

Waste of time. management is third class. they are use your emotion only ,no increment ,no facility ,no job security. director language is like road chhap person,gunda

Salary - Bad

+6 more

ITI Fitter in Vasai-Virar

Manufacturing Department

5.0

• posted on 23 Mar 2022

5.0

for Salary and Benefits

Likes

Yes I love being an engineer. It is the profession I decided on for myself. Engineers solve problems that involve making the physical world adapt to the needs around us. I love solving those kinds of problems so it’s a great match.

Salary - Excellent

+6 more

Dislikes

Parsonal regance etc.

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Gemsons Precision Engineering Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Gemsons Precision Engineering ?

The average salary of a Procurement Engineer at Gemsons Precision Engineering in India typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Procurement Engineer at Gemsons Precision Engineering earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Procurement Engineer Salaries at Gemsons Precision Engineering 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 Gemsons Precision Engineering employees in India.

What is the estimated take home salary of a Procurement Engineer at Gemsons Precision Engineering in India?

The estimated take-home salary of a Procurement Engineer at Gemsons Precision Engineering in India typically ranges from ₹35,556 to ₹36,787 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 Gemsons Precision Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Procurement Engineer in companies similar to Gemsons Precision Engineering in India?

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

Sparkline Equipments	₹2.4 Lakhs to ₹6.2 Lakhs per year
Case New-Holland Construction Equipment India	₹2.9 Lakhs to ₹6.0 Lakhs per year
Liebherr Appliances India	₹3.9 Lakhs to ₹4.5 Lakhs per year
KHD Humboldt Wedag	₹3.0 Lakhs to ₹4.5 Lakhs per year
The Acetech Machinery Components	₹2.9 Lakhs to ₹4.4 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 Procurement Engineer at Gemsons Precision Engineering in India?

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

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Gemsons Precision Engineering Procurement Engineer Salaries

Gemsons Precision Engineering Procurement Engineer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Gemsons Precision Engineering latest salaries received from various employees of Gemsons Precision Engineering.