Hicool Electronic Industries Purchase Engineer Salaries by 7 Employees

1 - 4 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% less than the average Purchase Engineer Salary in Electrical Equipment Companies for 1 - 4 years of experience

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Last Updated: 4 Apr 2023

Companies similar to Hicool Electronic Industries for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Epitome Components Purchase Engineer Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5 L/yr 18% more
Telawne Power Equipments Purchase Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.6 L/yr - ₹3.5 L/yr 3% less
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HYOSUNG T&D Purchase Engineer Salary 1 - 11 years exp. (6 salaries)	₹3.5 L/yr - ₹5.2 L/yr 39% more
Calcom Vision Purchase Engineer Salary 0 - 2 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 22% less
Lighting Technologies Purchase Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹6.1 L/yr 40% more
SPECTRUM ELECTRICAL INDUSTRIES Purchase Engineer Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 28% less
Svarn Infratel Purchase Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 25% more
Lucy Electric Purchase Engineer Salary 3 - 5 years exp. (3 salaries)	₹4.1 L/yr - ₹4.3 L/yr 38% more
Huber Suhner Electronics Purchase Engineer Salary 1 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 63% more
Lakshmi Electrical Control Systems Purchase Engineer Salary 4 - 15 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 43% more
Amco Saft India Purchase Engineer Salary 2 - 8 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 22% more
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Purchase Engineer salary at Hicool Electronic Industries ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Hicool Electronic Industries.

Experience wise Hicool Electronic Industries Purchase Engineer salaries

Last Updated: 4 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
2 years (3 salaries)	₹2 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Hicool Electronic Industries

Purchase Manager Salary

(3 salaries)

₹6 L/yr - ₹10 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(3 salaries)

₹6.5 L/yr - ₹8.1 L/yr

Purchase Executive Salary

(4 salaries)

₹3.5 L/yr - ₹10 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Purchase Executive Salary

(4 salaries)

₹3.7 L/yr - ₹10 L/yr

Top skills at Hicool Electronic Industries for Purchase Engineer

Procurement Vendor Management Material Planning Purchase Order Global Sourcing Invoice Processing Spend Management Invoice Verification Purchase Stores Raw Material Vendor Development Inventory Management Purchase Planning

Salary related reviews for Hicool Electronic Industries

4.0

Rated by 2 employees for salary & benefits

Plant Manager in Navi Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

THERE IS NOTHING THAT CAN BE LIKED HERE...

Dislikes

TOXIC WORK CULTURE...THEY ARE LIVING IN 1980's LIFE ...MANY POINTS TO BE CONSIDERED BEFORE YOU CHOOSE THESE PATHETIC COMPANY AS YOUR CAREER OPTION: 1) JOB INSECURITY 2) NO WORK LIFE BALANCE 3) IT IS LIKE A SHOP OWNER'S SON IS SITTING IN A SHOP AND TREATS HIS EMPLOYEES LIKE HIS SERVANT IRRESPECTIVE OF WHATEVER POSITION YOU ARE WORKING AS 4) COMPENSATION WHILE EXIT THEY PAY YOU AS THEY ARE RELYING ON DAYS INCOME OF THE EMPLOYEES 5) YOU WILL REGRET IF YOU CHOOSE THIS COMPANY AS YOUR CAREER OPTION.

Salary - Bad

+6 more

Sales Engineer Trainee in Navi Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 30 May 2023

5.0

for Salary and Benefits

Likes

As a fresher when it becomes difficult even to adjust and gell up with people.On my very first day of my very first job I met people with great welcoming nature and helpful approach.It is still a good experience.My beginning began with the best I feel!

Salary - Excellent

+6 more

Dislikes

there is no any such from my side.

HR Trainee in Navi Mumbai

Full Time

Human Resources Department

4.0

• posted on 30 May 2023

4.0

for Salary and Benefits

Likes

Being a fresher, I feel i’m being completely groomed 360° in an corporate culture, supportive staff. Being mentored exceptionally by the HR’s here.

Salary - Good

+6 more

Dislikes

Company weaknesses - They’re too caring, attached with their employees. Actually the weaknesses are their strengths.

Assistant Manager Quality Assurance in Navi Mumbai

Full Time

Quality Assurance Department

4.0

• posted on 22 Mar 2023

4.0

for Salary and Benefits

Likes

-Honest feedback from management that helps me push my boundaries of excellence. -Opportunity to learn lot of new things. -Good company culture. -Positive work environment. -Management is very supportive.

Salary - Good

+5 more

Dislikes

Can't say I dislike anything particular.

Work satisfaction - Bad

Sales Engineer in Navi Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 02 Dec 2023

4.0

for Salary and Benefits

Likes

Company culture is very good and office environment is very friendly. they take care of your growth and development through training and development. Lot of positive Employee Engaging activities, binding everybody together in a good bond. Management is young, energetic, and very open minded.

Salary - Good

+6 more

Dislikes

Only 2 Saturdays off, transport not available from Koperkhairne station.

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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Hicool Electronic Industries Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Hicool Electronic Industries ?

The average salary of a Purchase Engineer at Hicool Electronic Industries in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Purchase Engineer at Hicool Electronic Industries earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Purchase Engineer Salaries at Hicool Electronic Industries 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 Hicool Electronic Industries employees in India.

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

The estimated take-home salary of a Purchase Engineer at Hicool Electronic Industries in India typically ranges from ₹21,564 to ₹23,054 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 Hicool Electronic Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Engineer at Hicool Electronic Industries ?

To be a Purchase Engineer at Hicool Electronic Industries in india, the key skills required include:

- Procurement
- Vendor Management
- Material Planning
- Purchase Order
- Global Sourcing

These skills are highly valued at Hicool Electronic Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Hicool Electronic Industries for Purchase Engineer in India?

Huber Suhner Electronics	₹3.5 Lakhs to ₹7.0 Lakhs per year
Lakshmi Electrical Control Systems	₹4.0 Lakhs to ₹4.5 Lakhs per year
Lighting Technologies	₹2.8 Lakhs to ₹6.1 Lakhs per year
HYOSUNG T&D	₹3.5 Lakhs to ₹5.2 Lakhs per year
Lucy Electric	₹4.1 Lakhs to ₹4.3 Lakhs per year

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

What is the salary of a Purchase Engineer in companies similar to Hicool Electronic Industries in India?

The salary of a Purchase Engineer at companies similar to Hicool Electronic Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Svarn Infratel	₹2.8 Lakhs to ₹4.5 Lakhs per year
Amco Saft India	₹3.0 Lakhs to ₹4.0 Lakhs per year
Epitome Components	₹3.0 Lakhs to ₹5.0 Lakhs per year
Telawne Power Equipments	₹2.6 Lakhs to ₹3.5 Lakhs per year
Calcom Vision	₹2.2 Lakhs to ₹2.6 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 Purchase Engineer at Hicool Electronic Industries in India?

The salary growth for a Purchase Engineer at Hicool Electronic Industries depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at Hicool Electronic Industries:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Hicool Electronic Industries Purchase Engineer Salaries

Hicool Electronic Industries Purchase Engineer salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Hicool Electronic Industries latest salaries received from various employees of Hicool Electronic Industries.