HMT Machine Tools Procurement Engineer Salaries by 2 Employees

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₹1.6 Lakh - ₹2.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 4 Aug 2023

Companies similar to HMT Machine Tools 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 86% more
Sparkline Equipments Procurement Engineer Salary 1 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹6.2 L/yr 142% more
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Liebherr Appliances India Procurement Engineer Salary 4 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹4.5 L/yr 119% more
Hydac Procurement Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 41% more
Techmaxx Engineering Services Procurement Engineer Salary 1 - 4 years exp. (416 salaries)	₹2 L/yr - ₹4.2 L/yr 61% more

Procurement Engineer salary at HMT Machine Tools ranges between ₹1.6 Lakh to ₹2.1 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 2 latest salaries received from various employees of HMT Machine Tools.

Similar Designation salaries in HMT Machine Tools

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₹2 L/yr - ₹25.5 L/yr

Purchase Engineer Salary

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Graduate Engineer Salary

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₹1.9 L/yr - ₹2.4 L/yr

Assistant Engineer Salary

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₹4.3 L/yr - ₹5.5 L/yr

Senior Engineer Salary

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₹93.5 L/yr - ₹103.3 L/yr

Junior Engineer Salary

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₹1.8 L/yr - ₹2.3 L/yr

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₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for HMT Machine Tools

2.0

Rated by 1 employees for salary & benefits

Senior Technician in Panchkula

Full Time

Sales & Marketing Department

1.0

• posted on 18 Sep 2022

1.0

for Salary and Benefits

Likes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55 + and all of them waiting for VRS here.

Dislikes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55+ and all of them waiting for VRS here.

Salary - Bad

+6 more

Senior Project Associate in Kochi

Maintenance Department

3.0

• posted on 23 Mar 2020

1.0

for Salary and Benefits

Likes

The best training school for mechanical related streams.

Skill development - Excellent

+1 more

Dislikes

The company was 25 years literally behind in all aspects. Like salary (revision 1997), internal communication systems, management policies, benefits like Overtime wages, perks etc.

Salary - Bad

+3 more

Vice President-Southern Zone in Chennai

Consulting Department

3.0

• posted on 28 Feb 2019

3.0

for Salary and Benefits

Likes

The company gives complete freedom to operate and focussed on getting new business.customer oriented company.

Job security - Good

+1 more

Dislikes

Compensation is poor ,salaries are never on time.employee moral is low.Professionalism is totally missing.

Company culture - Poor

Technician-WG 3 in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

2.0

• posted on 09 Oct 2018

1.0

for Salary and Benefits

Likes

One of the worst and third rated companies to join and spoil your own career and the top management is highly corrupt, can't even imagine.... The top management have swallowed the funds from the government and are not giving retirement benefits to the employees... And facing a lot of legal issues in court.. In total its waste of time and energy as a young generation.....

Job security - Excellent

Dislikes

Salary, basic facilities and people in and around are terrible.... The country workers are buckets of the immediate bosses and all the bosses with in the company... They simply through the young generation as a football from one department to other... They can't even maintain the records of the employees properly... They are very lazy in issuing orders of professionary and permanent with respect to their joining date....

Salary - Bad

+5 more

Program Developer in Kochi

Full Time

Engineering - Software & QA Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing encpuraging to work in the company. Employee relationship with other employees are really bad. No programs to cheer the employees. The inside politocs is also really high. I won't recommend to work there.

Dislikes

Everything.

Salary - Bad

+5 more

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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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HMT Machine Tools Procurement Engineer Salary FAQs

How the salary growth look like for a Procurement Engineer at HMT Machine Tools in India?

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

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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HMT Machine Tools Procurement Engineer Salaries

HMT Machine Tools Procurement Engineer salary in India ranges between ₹1.6 Lakh to ₹2.1 Lakhs. This is an estimate based on latest salaries received from employees of HMT Machine Tools.