Indian Metals & Ferro Alloys Purchase Manager Salaries by 4 Employees

14 - 18 years exp.

₹12.5 Lakhs - ₹13.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

17% more than the average Purchase Manager Salary in Iron & Steel Companies for 14 - 18 years of experience

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Last Updated: 19 Jul 2024

Companies similar to Indian Metals & Ferro Alloys for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
JSW Steel Purchase Manager Salary 5 - 17 years exp. (21 salaries)	₹6.7 L/yr - ₹19.9 L/yr 13% less
Tata Steel Purchase Manager Salary 7 - 16 years exp. (15 salaries)	₹8.5 L/yr - ₹20.7 L/yr 18% more
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Jindal Stainless Purchase Manager Salary 12 - 16 years exp. (12 salaries)	₹10.9 L/yr - ₹18 L/yr At par
APL Apollo Tubes Purchase Manager Salary 8 - 15 years exp. (7 salaries)	₹9.1 L/yr - ₹16 L/yr 5% less
Jai Balaji Group Purchase Manager Salary 11 - 15 years exp. (6 salaries)	₹4.5 L/yr - ₹8.5 L/yr 50% less
Electrotherm Purchase Manager Salary 12 - 17 years exp. (5 salaries)	₹8.5 L/yr - ₹14.6 L/yr 13% less
Jindal Saw Purchase Manager Salary 9 - 20 years exp. (5 salaries)	₹8.2 L/yr - ₹15.5 L/yr 9% less
Aarti Steels Purchase Manager Salary 10 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹15.8 L/yr 18% less
Godawari Power & Ispat Purchase Manager Salary 15 - 18 years exp. (4 salaries)	₹6.5 L/yr - ₹9.1 L/yr 48% less
ESL Steel Purchase Manager Salary 19 - 22 years exp. (3 salaries)	₹10.8 L/yr - ₹15 L/yr 3% more
Jayaswal Neco Industries Purchase Manager Salary 16 - 24 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 31% less
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VISA Steel Purchase Manager Salary 12 - 16 years exp. (3 salaries)	₹6.6 L/yr - ₹9 L/yr 42% less
Steel Authority Of India Purchase Manager Salary 8 - 11 years exp. (3 salaries)	₹15 L/yr - ₹26.5 L/yr 65% more
Mukand Limited Purchase Manager Salary 12 - 15 years exp. (3 salaries)	₹5 L/yr - ₹14 L/yr 37% less
Vizag Steel Purchase Manager Salary 9 - 31 years exp. (3 salaries)	₹20 L/yr - ₹30 L/yr 79% more

Purchase Manager salary at Indian Metals & Ferro Alloys ranges between ₹12.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Metals & Ferro Alloys.

Experience wise Indian Metals & Ferro Alloys Purchase Manager salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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15+ years (3 salaries)	₹13 L/yr - ₹13.5 L/yr

Similar Designation salaries in Indian Metals & Ferro Alloys

Purchase Officer Salary

(3 salaries)

₹6 L/yr - ₹6.5 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy General Manager Salary

(5 salaries)

₹22 L/yr - ₹25 L/yr

Senior Engineer Salary

(48 salaries)

₹4.2 L/yr - ₹9.5 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Salary related reviews for Indian Metals & Ferro Alloys

Maintenance Fitter in Bhubaneswar

Other Department

4.0

• posted on 02 Aug 2021

2.0

for Salary and Benefits

Likes

Good work environment and calture. Safety roles is very important other wise companys because first safety before work is company roles, duty time is 8hour

Dislikes

There is a lot politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Salary - Poor

+2 more

Senior Mining Engineer in Bhubaneswar

Production, Manufacturing & Engineering Department

4.0

• posted on 30 May 2021

3.0

for Salary and Benefits

Likes

A good platform for learners, for beginners. Working culture and working ethics of the company is too good. Job security is there. Supportiveness and transparency are the key features of the employees.

Skill development - Excellent

+5 more

Dislikes

The career growth is decent but the salary growth is slow.

Mining Engineer in Bhubaneswar

Mining Operation Department

5.0

• posted on 18 Feb 2022

1.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive but the management is not transparent. Company policies are good, appraisal are not fair and they never give good salary hike,incentives and bonous every year.

Skill development - Excellent

Dislikes

There is a lot of politics and the management doesn't address our issues. Poor salary structure and career growth is slow too. There is a bond of 2 years before which you can't resign. Accommodation facilities were also not good.

Salary - Bad

+3 more

Senior Engineer Mechanical Maintenance,Heavy Earth Moving Machineries,HEMM in Bhubaneswar

Other Department

4.0

• posted on 01 Aug 2020

3.0

for Salary and Benefits

Likes

... environment and culture.Teammates are supportive and management is transparent.Company policies are good, appraisals are fair and they give good salary hike.

Skill development - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues.Salart is decent but career growth is slow. There is a bond of 2 years before which you cannot resign.

Assistant Electrical Engineer

Construction & Site Engineering Department

4.0

• posted on 07 Dec 2018

3.0

for Salary and Benefits

Likes

IMFA is an ISO 9001, 2008 std company, very good copration in working . It follow strictly safety and environment guide lines.

Skill development - Good

+4 more

Dislikes

Compensation is good, bit money growth is evrage. Some time work pressure is so high during breakdown period. But all department staffs are very coprative.

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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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Indian Metals & Ferro Alloys Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Indian Metals & Ferro Alloys ?

The average salary of a Purchase Manager at Indian Metals & Ferro Alloys in India typically ranges from ₹12.5 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Purchase Manager at Indian Metals & Ferro Alloys earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Purchase Manager Salaries at Indian Metals & Ferro Alloys 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 Indian Metals & Ferro Alloys employees in India.

What is the estimated take home salary of a Purchase Manager at Indian Metals & Ferro Alloys in India?

The estimated take-home salary of a Purchase Manager at Indian Metals & Ferro Alloys in India typically ranges from ₹91,831 to ₹94,289 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 14 years to 18 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 Indian Metals & Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Metals & Ferro Alloys for Purchase Manager in India?

Vizag Steel	₹20.0 Lakhs to ₹30.0 Lakhs per year
Steel Authority Of India	₹15.0 Lakhs to ₹26.5 Lakhs per year
Tata Steel	₹8.5 Lakhs to ₹20.7 Lakhs per year
ESL Steel	₹10.8 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Metals & Ferro Alloys, depending on the role and experience level.

What is the salary of a Purchase Manager in companies similar to Indian Metals & Ferro Alloys in India?

The salary of a Purchase Manager at companies similar to Indian Metals & Ferro Alloys in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jindal Stainless	₹10.9 Lakhs to ₹18.0 Lakhs per year
APL Apollo Tubes	₹9.1 Lakhs to ₹16.0 Lakhs per year
Jindal Saw	₹8.2 Lakhs to ₹15.5 Lakhs per year
Electrotherm	₹8.5 Lakhs to ₹14.6 Lakhs per year
JSW Steel	₹6.7 Lakhs to ₹19.9 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 Manager at Indian Metals & Ferro Alloys in India?

The salary growth for a Purchase Manager at Indian Metals & Ferro Alloys depends on factors such as experience, performance, and promotions. On average, a Purchase Manager can expect the following growth trajectory at Indian Metals & Ferro Alloys:

Experience	Average Salary Range
14 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
15 years	₹13.0 Lakhs to ₹13.5 Lakhs per year

and so on.

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Indian Metals & Ferro Alloys Purchase Manager Salaries

Indian Metals & Ferro Alloys Purchase Manager salary in India ranges between ₹12.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Metals & Ferro Alloys latest salaries received from various employees of Indian Metals & Ferro Alloys.