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ITC Procurement Head salaries in India

Annual salary range
9 - 27 years exp.
₹50 Lakhs - ₹1 Crore
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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154% more than the average Procurement Head Salary in FMCG Companies for 9 - 27 years of experience

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Last Updated: 15 Mar 2023

Companies similar to ITC for Procurement Head

Company name Avg Annual Salary Open Jobs
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Bajaj Consumer Care Procurement Head Salary

12 - 14 years exp. (3 salaries)

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₹94 L/yr - ₹95 L/yr

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Tata Steel Procurement Head Salary

11 - 27 years exp. (8 salaries)

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₹34 L/yr - ₹54 L/yr

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₹15 L/yr - ₹37 L/yr

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AB Mauri India Procurement Head Salary

19 - 23 years exp. (7 salaries)

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₹14.3 L/yr - ₹17.3 L/yr

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₹18.6 L/yr - ₹27 L/yr

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Procurement Head salary at ITC ranges between ₹50 Lakhs to ₹1 Crore per year for employees with experience between 9 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Procurement Head

1y ago
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16 years exp.
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15 years exp.
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9 years exp.
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27 years exp.

Experience wise ITC Procurement Head salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹47.5 L/yr - ₹52.5 L/yr
15+ years  (3 salaries)

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₹96.9 L/yr - ₹1.1 Cr/yr

Similar Designation salaries in ITC

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₹2.4 L/yr - ₹5 L/yr
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₹14.4 L/yr - ₹26 L/yr
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₹15 L/yr - ₹21.97 L/yr
Director Salary
(3 salaries)
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₹24 L/yr - ₹48 L/yr
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₹3.6 L/yr - ₹10 L/yr
Deputy Manager Salary
(59 salaries)
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₹10 L/yr - ₹19.65 L/yr
Chief Manager Salary
(5 salaries)
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₹20.5 L/yr - ₹45 L/yr
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₹20 L/yr - ₹60 L/yr
General Manager Salary
(23 salaries)
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₹38 L/yr - ₹115 L/yr
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₹23.8 L/yr - ₹51 L/yr

Salary related reviews for ITC

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sports, Fitness & Personal Care Department

4.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

Great work life balance. Company policies are employee friendly and compassionate. Good for learning and knowledge building. Flexible in terms of shifting within departments.

read more
  • Skill development - Good
  • +4 more

Dislikes

Poor salary compensation. Very slow growth in terms of pay and promotion Somewhat old school and hierarchical way of working

read more
  • Salary - Poor

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing to like.

Dislikes

Toxic Management Poor work life balance High work stress Low salary No promotion/Appraisal Heavy cost cutting (Not even fixing a coffee machine) Too much office politics Managers always plays favourites Every manager has an affair within their teams.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 29 Dec 2024

4.0
 for  Salary and Benefits

Likes

Salary is considerably competitive

  • Salary - Good
  • +2 more

Dislikes

Work life balance is terrible. You leaving on time, top management takes it in a manner that you dont have enough work. Late nights are a normal especially for senior management. Appraisals are seriously affected by this.

read more
  • Company culture - Bad
  • +1 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 23 Dec 2024

2.0
 for  Salary and Benefits

Likes

ITC Limited has very robust processes and standards which act as guard rails for the organization

  • Job security - Excellent

Dislikes

Over a period of time remuneration is very low as compared to market. Around 8-10 years back company was a pay master, this has significantly affected the quality of work force, standards and services. Work life balance and with time culture of caring and considering employees as assets is is also missing.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 28 Mar 2024

1.0
 for  Salary and Benefits

Likes

Just Brand name.

  • Job security - Good

Dislikes

CTC and actually in-hand salary has very large gap 30-40%. They pay TA DA but included in CTC. Always have to be on field. Only suitable for those interested in FMCG job always on field. Not for weak hearted.

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  • Salary - Bad
  • +4 more
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ITC Procurement Head Salary FAQs

What is the salary of Procurement Head at ITC ?
The average salary of a Procurement Head at ITC in India typically ranges from ₹50.0 Lakhs to ₹102.0 Lakhs per year, depending on experience (from 9 years to 27 years).

The top 10% of Procurement Head at ITC earn more than ₹102.0 Lakhs per year, and the top 1% earn over ₹102.0 Lakhs per year. Procurement Head Salaries at ITC 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 ITC employees in India.
What is the estimated take home salary of a Procurement Head at ITC in India?
The estimated take-home salary of a Procurement Head at ITC in India typically ranges from ₹4,87,159 to ₹5,00,358 per month. This is based on the average salary range of ₹50.0 Lakhs to ₹102.0 Lakhs per year for employees with experience ranging from 9 years to 27 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 ITC. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ITC for Procurement Head in India?
Bajaj Consumer Care ₹94.0 Lakhs to ₹95.0 Lakhs per year

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

Tata Steel ₹34.0 Lakhs to ₹54.0 Lakhs per year
Aditya Birla Fashion and Retail ₹15.0 Lakhs to ₹37.0 Lakhs per year
Shapoorji Pallonji Group ₹18.6 Lakhs to ₹27.0 Lakhs per year
AB Mauri India ₹14.3 Lakhs to ₹17.3 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 Head at ITC in India?
The salary growth for a Procurement Head at ITC depends on factors such as experience, performance, and promotions. On average, a Procurement Head can expect the following growth trajectory at ITC:

Experience Average Salary Range
9 years ₹47.5 Lakhs to ₹52.5 Lakhs per year
15 years ₹96.9 Lakhs to ₹107.1 Lakhs per year
and so on.

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ITC Procurement Head salary in India ranges between ₹50 Lakhs to ₹1 Crore with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ITC latest salaries received from various employees of ITC.