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IFB Automotive

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IFB Automotive Manager salaries in India

Annual salary range
10 - 19 years exp.
₹10 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (100%)
₹13.7 Lakhs
Variable (0%)
₹0.0
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16% less than the average Manager Salary in Auto Components Companies for 10 - 19 years of experience

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Salaries in different departments

Procurement & Supply Chain
Manager Salary
10 - 17 years exp. (5 salaries)
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₹10 L/yr - ₹14.7 L/yr

Research & Development
Manager Salary
11 - 14 years exp. (4 salaries)
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₹14.9 L/yr - ₹20 L/yr

Quality Assurance
Manager Salary
18 - 19 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹16 L/yr

Last Updated: 7 Feb 2024

Companies similar to IFB Automotive for Manager

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₹10.3 L/yr - ₹21.1 L/yr

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₹16.2 L/yr - ₹28 L/yr

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Gestamp Manager Salary

14 - 24 years exp. (16 salaries)

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₹13.5 L/yr - ₹18.2 L/yr

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Adient Manager Salary

13 - 22 years exp. (16 salaries)

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₹13.5 L/yr - ₹31 L/yr

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₹20 L/yr - ₹30 L/yr

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Hical Technologies Manager Salary

13 - 23 years exp. (11 salaries)

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₹12 L/yr - ₹20.8 L/yr

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Brembo Brake India Manager Salary

11 - 25 years exp. (9 salaries)

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₹15 L/yr - ₹21.1 L/yr

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Minda Kosei Aluminum Wheel Manager Salary

11 - 17 years exp. (9 salaries)

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₹7 L/yr - ₹26.1 L/yr

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₹15 L/yr - ₹19.5 L/yr

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Meenakshi Polymers Manager Salary

10 - 19 years exp. (8 salaries)

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₹7.5 L/yr - ₹11 L/yr

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Amalgamations Valeo Clutch Manager Salary

12 - 19 years exp. (8 salaries)

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New Holland Fiat (India) Manager Salary

12 - 29 years exp. (8 salaries)

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S. M. Auto Engineering Manager Salary

13 - 19 years exp. (7 salaries)

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₹5.5 L/yr - ₹13.2 L/yr

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Marquardt Manager Salary

16 - 20 years exp. (7 salaries)

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₹19.5 L/yr - ₹24 L/yr

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View all
Manager salary at IFB Automotive ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 11 latest salaries received from various employees of IFB Automotive.

Latest annual salaries shared by IFB Automotive Manager

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18 years exp.
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12 years exp.
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13 years exp.
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14 years exp.
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14 years exp.
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12 years exp.
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14 years exp.
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10 years exp.
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17 years exp.

Experience wise IFB Automotive Manager salaries

Last Updated: 7 Feb 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.8 L/yr
14 years  (3 salaries)

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₹11 L/yr - ₹20 L/yr
View all

Similar Designation salaries in IFB Automotive

Deputy Manager Salary
(9 salaries)
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₹8.5 L/yr - ₹16 L/yr

Salary related reviews for IFB Automotive

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Design Engineering Department

2.0
  •  posted on 19 Jun 2022

1.0
 for  Salary and Benefits

Likes

Good learning opportunities Hands on experience on products More responsibility for willing candidate

  • Skill development - Good
  • +1 more

Dislikes

Stupid HR policies Huge difference in CTC and in hand, company keeps 30% salary No work life balance

read more
  • Salary - Bad
  • +1 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 25 Sep 2021

5.0
 for  Salary and Benefits

Likes

Environment and culture us very good. My teammates are fully supportive. Companey Policies are good and they give good salary and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There are lots of politics in our companey and work with this politics😒.Salary growth is slow.

read more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 08 Sep 2021

3.0
 for  Salary and Benefits

Likes

I like company and machines this industry is most useful And coming future is very useful i have more experienced in this company iam doing injection molding machine operator is best production line fantastic

read more
  • Skill development - Good
  • +3 more

Dislikes

Securities, facilities, benefits and salary Last one is not take the company employ

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Production, Manufacturing & Engineering Department

3.0
  •  posted on 02 Aug 2018

2.0
 for  Salary and Benefits

Likes

Job security is very high. Until we want to leave from IFB, they won't send out.

Dislikes

Compensation also less and growth also low.The work pressure is night.Sometimes I have work 12 - 13 hours a day, even though working more there is no hike in salary...

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 12 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Work culture is horrible in this company. Management doesn't exist in IFB. People have been working here for the last 15-20 years, as a result they don't know how other companies work. Most of the managers do not have work ethics. Freshers/juniors get blamed if anything wrong is detected. This company has no money to rebuild its infrastructure. There is no ac in office, and surprisingly no fans either. There is only one printer available for the whole office( for 200 people). There is a huge shortage of chairs in office, engineers leave their chairs empty for the clients and go for a walk. IFB uses old LCD monitors to design its products ( Most of them gets hanged several times in a day), as a result negative productivity, data losses, customer complaints have become very common in this company, and nobody bothers with all these nowadays. There is no option to choose from a lunch menu, employees consume what the vendor serves on the plate. Employees get zero protein diets in lunch. IFB has never seen paneer, chicken, mutton in its lunch menu. Let's talk about HR department now. HRs don't know how to manage employees' accounts. They make new policies and rules in the middle of a fiscal year just to get rid of paying medical allowances, LTAs on time. Some of them are so rude that employees hesitate to confront them in office or even on call. IFB Automotive is a horrible company to work for. It's a living hell in a sweet city like Bangalore. Edit: Forgot to mention that Mr. Chaitanya, an unmarried frustrated guy at his 40s, is a true madafaka

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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IFB Automotive Manager Salary FAQs

What is the salary of Manager at IFB Automotive ?
The average salary of a Manager at IFB Automotive in India typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of Manager at IFB Automotive earn more than ₹19.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Manager Salaries at IFB Automotive 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 10+ IFB Automotive employees in India.
What is the estimated take home salary of a Manager at IFB Automotive in India?
The estimated take-home salary of a Manager at IFB Automotive in India typically ranges from ₹96,080 to ₹98,675 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 10 years to 19 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 10+ salaries received from various employees of IFB Automotive. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IFB Automotive for Manager in India?
Veoneer India ₹26.0 Lakhs to ₹31.3 Lakhs per year
Toyotetsu India Auto Parts ₹25.0 Lakhs to ₹27.5 Lakhs per year
Automotive Research Association of India ₹20.0 Lakhs to ₹30.0 Lakhs per year
American Axle & Manufacturing ₹15.3 Lakhs to ₹28.0 Lakhs per year
Adient ₹13.5 Lakhs to ₹31.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IFB Automotive, depending on the role and experience level.
What is the salary of a Manager in companies similar to IFB Automotive in India?
The salary of a Manager at companies similar to IFB Automotive in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hanon Systems ₹16.2 Lakhs to ₹28.0 Lakhs per year
Marquardt ₹19.5 Lakhs to ₹24.0 Lakhs per year
Brembo Brake India ₹15.0 Lakhs to ₹21.1 Lakhs per year
New Holland Fiat (India) ₹15.1 Lakhs to ₹24.0 Lakhs per year
Padmini VNA Mechatronics ₹11.0 Lakhs to ₹22.0 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 Manager at IFB Automotive in India?
The salary growth for a Manager at IFB Automotive depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at IFB Automotive:

Experience Average Salary Range
10 years ₹12.3 Lakhs to ₹15.8 Lakhs per year
11 years ₹12.3 Lakhs to ₹15.8 Lakhs per year
12 years ₹12.3 Lakhs to ₹15.8 Lakhs per year
13 years ₹12.3 Lakhs to ₹15.8 Lakhs per year
and so on.

Tell us how to improve this page.

IFB Automotive Manager salary in India ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 IFB Automotive latest salaries received from various employees of IFB Automotive.