ITC Procurement Manager Salaries by 10+ Employees (Updated 2024)

1 - 18 years exp.

₹6 Lakhs - ₹24.9 Lakhs

Salary of majority employees

At par with the average Procurement Manager Salary in FMCG Companies for 1 - 18 years of experience

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Last Updated: 11 Dec 2024

Companies similar to ITC for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Procurement Manager Salary 8 - 16 years exp. (28 salaries)	₹15.7 L/yr - ₹58 L/yr 129% more
Nestle Procurement Manager Salary 2 - 14 years exp. (9 salaries)	₹17 L/yr - ₹41.5 L/yr 86% more
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Britannia Procurement Manager Salary 1 - 8 years exp. (3 salaries)	₹18.8 L/yr - ₹25 L/yr 51% more
Marico Procurement Manager Salary 7 - 10 years exp. (4 salaries)	₹38 L/yr - ₹45 L/yr 174% more
Godrej Consumer Products Procurement Manager Salary 2 - 4 years exp. (5 salaries)	₹20 L/yr - ₹35 L/yr 66% more
Dabur Procurement Manager Salary 9 - 14 years exp. (4 salaries)	₹11.7 L/yr - ₹77 L/yr 192% more
Tata Consumer Products Procurement Manager Salary 7 - 11 years exp. (4 salaries)	₹13 L/yr - ₹22 L/yr 15% more
PepsiCo Procurement Manager Salary 4 - 6 years exp. (3 salaries)	₹16 L/yr - ₹18 L/yr 13% more
Mondelez International Procurement Manager Salary 6 - 11 years exp. (6 salaries)	₹16 L/yr - ₹46 L/yr 100% more
Colgate Palmolive Procurement Manager Salary 7 - 9 years exp. (4 salaries)	₹39.6 L/yr - ₹50.6 L/yr 190% more
RSPL Group Procurement Manager Salary 8 - 19 years exp. (20 salaries)	₹7.3 L/yr - ₹20 L/yr 10% less
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Godfrey Phillips India Procurement Manager Salary 12 - 14 years exp. (6 salaries)	₹22.5 L/yr - ₹25.2 L/yr 62% more
Aditya Birla Fashion and Retail Procurement Manager Salary 8 - 16 years exp. (6 salaries)	₹13 L/yr - ₹20 L/yr 19% more
Procter & Gamble Procurement Manager Salary 2 - 6 years exp. (4 salaries)	₹24 L/yr - ₹27 L/yr 69% more
Asian Paints Procurement Manager Salary 2 - 13 years exp. (4 salaries)	₹6.5 L/yr - ₹30 L/yr 19% more
Hindustan Foods Procurement Manager Salary 6 - 9 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 50% less

Procurement Manager salary at ITC ranges between ₹6 Lakhs to ₹24.9 Lakhs per year for employees with experience between 1 year to 18 years. Salary estimates are based on 16 latest salaries received from various employees of ITC.

Experience wise ITC Procurement Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
2 years (3 salaries)	₹6 L/yr - ₹7 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹16 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹20.1 L/yr
7 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
8 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹26.3 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.3 L/yr
11 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
12 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹32.3 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹32.3 L/yr
15+ years (4 salaries)	₹23 L/yr - ₹36.8 L/yr

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Similar Designation salaries in ITC

Logistics Executive Salary

(142 salaries)

₹4 L/yr - ₹12.2 L/yr

Procurement Associate Salary

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₹3.84 L/yr - ₹7.8 L/yr

Procurement Executive Salary

(48 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Store Incharge Salary

(37 salaries)

₹1 L/yr - ₹5.8 L/yr

Logistics Officer Salary

(36 salaries)

₹4.05 L/yr - ₹7.5 L/yr

Supply Chain Manager Salary

(30 salaries)

₹26 L/yr - ₹51 L/yr

Logistics Trainee Salary

(26 salaries)

₹3.65 L/yr - ₹4.45 L/yr

Supply Chain Executive Salary

(23 salaries)

₹2.5 L/yr - ₹10.57 L/yr

Assistant Manager Supply Chain Salary

(20 salaries)

₹12 L/yr - ₹38 L/yr

Store Keeper Salary

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₹1.44 L/yr - ₹5.5 L/yr

Top skills at ITC for Procurement Manager

Procurement Principal Component Analysis Supply Chain Management CRM Raw Material Consumables Raw Material Procurement Analytics Pharma FMCG SAP MIS Logistics

Salary related reviews for ITC

5.0

Rated by 2 employees for salary & benefits

Procurement Associate in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

1.0

• posted on 12 Nov 2021

2.0

for Salary and Benefits

Likes

Only thing that is good about ITC is Job security. You'll get salary on time, some times even in advance.

Dislikes

3 month notice period without buyout or negotiation is the worst part of it. 1 year probation without leaves. Salary hikes are in pennies. New salary after hike comes into effective in the month of October or November and without arrears. If your joining position is above assistant manager. Its ok, you may enjoy the job

Purchase Assistant in Hyderabad / Secunderabad

Procurement & Supply Chain Department

4.0

• posted on 03 Jul 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Nothing is there to dislike ITC limited

Procurement Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

2.0

• posted on 26 Jul 2021

1.0

for Salary and Benefits

Likes

Not a great company to joins at lower management levels. They will not give anything and will expect a lot from you. At middle management nice place to be

Dislikes

Growth path and annual revision is very low. Too much gap in compensation for lower and high management. It's as if you are paying your manager from your income

Buyer in Hyderabad / Secunderabad

Retail (ABD) Department

5.0

• posted on 20 Jan 2019

3.0

for Salary and Benefits

Likes

ITC itself a brand and proved to be an employee in Company top class culture and employee benefits and HR policy’s are superb Top management and work environment was Outstanding Thanks to ITC

Dislikes

Compensation wise ok/ decent. Growth rate is little slow.. The work pressure is little high and same time Ihave to work late nights. But Overall good experience with ITC. Immediate reporting manager do not value an individuals. But Top management and HR policy’s are superb. Some times we use to get appreciation from Top management.

Sales Trainee in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

Just Brand name.

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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ITC Procurement Manager Salary FAQs

What is the salary of Procurement Manager at ITC?

Procurement Manager salary at ITC in India ranges between ₹6.0 Lakhs to ₹24.9 Lakhs for experience between 1 years to 18 years. According to our estimates it is 3% less than the average Procurement Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of ITC India.

How does the salary of a Procurement Manager at ITC India compare with the average salary range for this job?

The average salary of a Procurement Manager at ITC is 3% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Procurement Manager at ITC?

Procurement, Principal Component Analysis, Supply Chain Management, CRM and Raw Material are some of the popular skills required to work as a Procurement Manager at ITC India.

Which similar companies are paying more than ITC to a Procurement Manager in India?

Dabur Procurement Manager Salary - ₹11.7 Lakhs to ₹77.0 Lakhs per year
Colgate Palmolive Procurement Manager Salary - ₹39.6 Lakhs to ₹50.6 Lakhs per year
Marico Procurement Manager Salary - ₹38.0 Lakhs to ₹45.0 Lakhs per year
Hindustan Unilever Procurement Manager Salary - ₹15.7 Lakhs to ₹58.0 Lakhs per year
Mondelez International Procurement Manager Salary - ₹16.0 Lakhs to ₹46.0 Lakhs per year

What is the salary of a Procurement Manager in companies similar to ITC in India?

Nestle Procurement Manager Salary - ₹17.0 Lakhs to ₹41.5 Lakhs per year
Procter & Gamble Procurement Manager Salary - ₹24.0 Lakhs to ₹27.0 Lakhs per year
Godrej Consumer Products Procurement Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
Godfrey Phillips India Procurement Manager Salary - ₹22.5 Lakhs to ₹25.2 Lakhs per year
Britannia Procurement Manager Salary - ₹18.8 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Procurement Manager at ITC in India?

The estimated take-home salary of a Procurement Manager at ITC ranges between ₹1,04,657 per month to ₹1,07,529 per month in India. The take-home salary calculation is based on the average ITC Procurement Manager salary in India which ranges between ₹6.0 Lakhs to ₹24.9 Lakhs per year for employees with experience between 1 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at ITC?

According to AmbitionBox, 50% of the ITC Procurement Manager s reported a notice period of 3 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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ITC Procurement Manager Salaries

ITC Procurement Manager salary in India ranges between ₹6 Lakhs to ₹24.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 ITC latest salaries received from various employees of ITC.