Hyundai Motor India Limited Procurement Manager Salaries by 7 Employees

6 - 13 years exp.

₹8 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹14.8 Lakhs

Variable (12%)

₹2.0 Lakhs

7% more than the average Procurement Manager Salary in Automobile Companies for 6 - 13 years of experience

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Last Updated: 22 Jul 2024

Companies similar to Hyundai Motor India Limited for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Procurement Manager Salary 12 - 22 years exp. (13 salaries)	₹14 L/yr - ₹25.3 L/yr 10% more
Hero MotoCorp Procurement Manager Salary 10 - 16 years exp. (6 salaries)	₹20.8 L/yr - ₹22.1 L/yr 27% more
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Bajaj Auto Procurement Manager Salary 5 - 9 years exp. (5 salaries)	₹11 L/yr - ₹18 L/yr 12% less
Ashok Leyland Procurement Manager Salary 15 - 29 years exp. (4 salaries)	₹16 L/yr - ₹22.7 L/yr 17% more
TVS Motor Procurement Manager Salary 14 - 15 years exp. (4 salaries)	₹13.5 L/yr - ₹13.6 L/yr 20% less
CNH Industrial Procurement Manager Salary 14 - 22 years exp. (3 salaries)	₹22.9 L/yr - ₹26 L/yr 48% more
Ford Motor Procurement Manager Salary 7 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr 46% less
Mahindra Automotives Procurement Manager Salary 8 - 20 years exp. (3 salaries)	₹14 L/yr - ₹26.4 L/yr 22% more

Procurement Manager salary at Hyundai Motor India Limited ranges between ₹8 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Hyundai Motor India Limited.

Experience wise Hyundai Motor India Limited Procurement Manager salaries

Last Updated: 22 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹19.3 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹14 L/yr
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8 years (AmbitionBox Estimate)	₹13 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
10 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.5 L/yr
12 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr
13 years (AmbitionBox Estimate)	₹22.6 L/yr - ₹25 L/yr

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Similar Designation salaries in Hyundai Motor India Limited

Assistant Manager Materials Salary

(6 salaries)

₹14 L/yr - ₹17 L/yr

Store Incharge Salary

(6 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Spares Executive Salary

(5 salaries)

₹2 L/yr - ₹2.4 L/yr

Spare Part Manager Salary

(5 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Deputy Manager Procurement Salary

(5 salaries)

₹11 L/yr - ₹22.5 L/yr

Assistant Manager Procurement Salary

(5 salaries)

₹9.5 L/yr - ₹12.2 L/yr

Sourcing Manager Salary

(5 salaries)

₹3 L/yr - ₹8.2 L/yr

Store Executive Salary

(5 salaries)

₹2.4 L/yr - ₹3 L/yr

Asst Store Salary

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₹1.45 L/yr - ₹2.71 L/yr

Material Management Executive Salary

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Salary related reviews for Hyundai Motor India Limited

3.0

Rated by 1 employees for salary & benefits

Senior Manager-HR in Chennai

Full Time

Human Resources Department

5.0

• posted on 01 Mar 2025

5.0

for Salary and Benefits

Likes

Company is good good welfare and salary we have freedom to do our job and freedom to take initiative

Salary - Excellent

+3 more

Dislikes

We don't have clear career path and not clea drection from our leader and if any problem arises no leaders will support for the subordinate

Promotions - Poor

+1 more

Associate General Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 19 Oct 2024

4.0

for Salary and Benefits

Likes

...development and modern sale abd service practice but today Hyundai has all this. so Hyundai is provided best compensation and amenities to their employees. New Indian and Korean management always encouraging smart culture where all age groups people can gel quickly.

Salary - Good

+6 more

Dislikes

Some employees social benefits can add more for social security of employees as per Industry benchmark. Some more transparency can improve more. But they is no point to dislike Hyundai.

Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 18 Sep 2024

1.0

for Salary and Benefits

Likes

Financially Stable company, good market share, good public image,

Skill development - Good

+1 more

Dislikes

...e hands of Masterful political players. You get no monetary improvement in life. Just your current salary is assured. Toil away day and night, yet face shame and guilt manipulation all the time. Cheating HR policy. Get in touch understand the nuances.

Salary - Bad

+4 more

Area Parts And Service Manager in Bhopal

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

Rating and salary increments are good. No politics as such in rating.

Salary - Good

+1 more

Dislikes

For field employees, there are huge delays in processing travel claims. So much paper work and high TAT which cause huge cash crunch sometimes. HR is very weak and employees welfare policies are not adhered. Infact, policies are also not in place.

Work satisfaction - Poor

+2 more

Operations Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 27 Jun 2023

5.0

for Salary and Benefits

Likes

Great Pay. Well defined job scope. Organization structure well maintained. Facilities and amenities are on par with MNCs including salary revisions.

Salary - Excellent

+1 more

Dislikes

No authority to individuals. Only execution work to Indian employees. All major decision making, planning, R&D, Procurement strategy, critical company decisions made by Korean expats. Too much unnecessary & repeated paperwork even for minute things. Seniors focusing on responsibility distribution rather than leading the team by example. Promotions are never on time. So much more to dislike.

Promotions - Poor

+2 more

see more salary related reviews

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What people are saying about Hyundai Motor India Limited

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orcus

18h

works at

L&T Technology Services

Can anyone Please tell me what kind of questions will be asked in Hyundai Motor India Engineering for Exterior Trims (Exterior Lighting)

Hi everyone, I have an interview scheduled next Tuesday for an Automotive Exterior Lighting New Product Development role (Deputy Manager Role). I would appreciate any insights on the types of technical and questions I might face. Would really appreciate any tips from you guys or those who’ve gone through similar interviews in other OEM's. Thanks in advance!

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Hyundai Motor India Limited Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Hyundai Motor India Limited ?

The average salary of a Procurement Manager at Hyundai Motor India Limited in India typically ranges from ₹8.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Procurement Manager at Hyundai Motor India Limited earn more than ₹24.5 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Procurement Manager Salaries at Hyundai Motor India Limited 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 Hyundai Motor India Limited employees in India.

What is the estimated take home salary of a Procurement Manager at Hyundai Motor India Limited in India?

The estimated take-home salary of a Procurement Manager at Hyundai Motor India Limited in India typically ranges from ₹1,14,030 to ₹1,17,204 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 Hyundai Motor India Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hyundai Motor India Limited for Procurement Manager in India?

CNH Industrial	₹22.9 Lakhs to ₹26.0 Lakhs per year
Hero MotoCorp	₹20.8 Lakhs to ₹22.1 Lakhs per year
Mahindra Automotives	₹14.0 Lakhs to ₹26.4 Lakhs per year
Ashok Leyland	₹16.0 Lakhs to ₹22.7 Lakhs per year
Mahindra & Mahindra	₹14.0 Lakhs to ₹25.3 Lakhs per year

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

What is the salary of a Procurement Manager in companies similar to Hyundai Motor India Limited in India?

The salary of a Procurement Manager at companies similar to Hyundai Motor India Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Auto	₹11.0 Lakhs to ₹18.0 Lakhs per year
TVS Motor	₹13.5 Lakhs to ₹13.6 Lakhs per year
Ford Motor	₹7.5 Lakhs to ₹10.0 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 Manager at Hyundai Motor India Limited in India?

The salary growth for a Procurement Manager at Hyundai Motor India Limited depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at Hyundai Motor India Limited:

Experience	Average Salary Range
6 years	₹8.0 Lakhs to ₹19.3 Lakhs per year
7 years	₹5.0 Lakhs to ₹14.0 Lakhs per year
8 years	₹13.0 Lakhs to ₹18.0 Lakhs per year
9 years	₹14.3 Lakhs to ₹18.3 Lakhs per year

and so on.

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Hyundai Motor India Limited Procurement Manager Salaries

Hyundai Motor India Limited Procurement Manager salary in India ranges between ₹8 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Hyundai Motor India Limited latest salaries received from various employees of Hyundai Motor India Limited.