ITC Sourcing Manager Salaries by 4 Employees

3 - 9 years exp.

₹14.4 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

Fixed (81%)

₹17.6 Lakhs

Variable (19%)

₹4.2 Lakhs

68% more than the average Sourcing Manager Salary in FMCG Companies for 3 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Merchandising, Retail & eCommerce Sourcing Manager Salary 9 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15.8 L/yr
Login to view exact salary
Procurement & Supply Chain Sourcing Manager Salary 3 years exp. (AmbitionBox Estimate)	₹23.4 L/yr - ₹28.6 L/yr

Last Updated: 13 Aug 2024

Companies similar to ITC for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Procter & Gamble Sourcing Manager Salary 1 - 11 years exp. (3 salaries)	₹22 L/yr - ₹26 L/yr 12% more
Hindustan Unilever Sourcing Manager Salary 14 - 16 years exp. (3 salaries)	₹18 L/yr - ₹25 L/yr 3% less
Login to view exact salary
Reliance Retail Sourcing Manager Salary 3 - 19 years exp. (93 salaries)	₹4.9 L/yr - ₹20.1 L/yr 48% less
Lodha Group Sourcing Manager Salary 0 - 8 years exp. (50 salaries)	₹4.2 L/yr - ₹11.5 L/yr 69% less
THE GUARDIANS Real Estate Advisory Sourcing Manager Salary 0 - 15 years exp. (49 salaries)	₹3 L/yr - ₹9.4 L/yr 72% less

Sourcing Manager salary at ITC ranges between ₹14.4 Lakhs to ₹26 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of ITC.

Experience wise ITC Sourcing Manager salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹26 L/yr - ₹26 L/yr
4 years (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹26 L/yr
6 years (AmbitionBox Estimate)	₹22 L/yr - ₹40.4 L/yr
7 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
8 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
9 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹27.6 L/yr

View all

Similar Designation salaries in ITC

Commercial Manager Salary

(12 salaries)

₹22 L/yr - ₹52.99 L/yr

Purchase Manager Salary

(7 salaries)

₹15 L/yr - ₹21.97 L/yr

Store Manager Salary

(8 salaries)

₹4.4 L/yr - ₹9.11 L/yr

Operations Manager Salary

(98 salaries)

₹17.3 L/yr - ₹50.54 L/yr

Category Manager Salary

(27 salaries)

₹12 L/yr - ₹35 L/yr

Deputy Manager Salary

(59 salaries)

₹10 L/yr - ₹19.65 L/yr

Supply Chain Manager Salary

(23 salaries)

₹23.8 L/yr - ₹51 L/yr

Senior Engineer Salary

(17 salaries)

₹4.8 L/yr - ₹10.58 L/yr

Purchase Officer Salary

(7 salaries)

₹4.17 L/yr - ₹7.3 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Salary related reviews for ITC

Operations Manager in Kushalnagar

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 11 Aug 2023

5.0

for Salary and Benefits

Likes

Salary packages are usually always the best in the industry. Amazing job security and very timely disbursement of salaries Constantly looking for ways to develop employees intellectually and academically

Salary - Excellent

+3 more

Dislikes

Work culture- people in the system for years are at higher levels and there is a toxic culture. They expect you to keep working sometimes ruthlessly even on holidays.

Team Lead in Gondia

Full Time

Other Department

5.0

• posted on 02 Jan 2023

2.0

for Salary and Benefits

Likes

Last 7 years I work with ITC Ltd It's beautiful journey And I learn more skills with my seniors and I am enjoy my work

Work-life balance - Excellent

Dislikes

... india But they are not focusing ground level employees, (salesman, PSR, TL,) These employee salary is very low and company not pay travel allowance and food allowance not providing any type of life insurance accidental insurance etc.

Salary - Poor

+2 more

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

Job security - Excellent

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

Salary - Bad

+4 more

Purchase Officer in New Delhi

Procurement & Supply Chain Department

5.0

• posted on 24 Nov 2017

5.0

for Salary and Benefits

Likes

...eck myself with an interview (with The Claridges New Delhi Hotel) after 3.5 yrs. "surprisingly" I got 65% up in current salary and position of Purchase Supervisor.

Salary - Excellent

+6 more

Dislikes

NO single word.

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

Skill development - Excellent

+4 more

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about ITC?

Ask anonymously on communities.

ITC Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at ITC ?

The average salary of a Sourcing Manager at ITC in India typically ranges from ₹14.4 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Sourcing Manager at ITC earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Sourcing Manager 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 Sourcing Manager at ITC in India?

The estimated take-home salary of a Sourcing Manager at ITC in India typically ranges from ₹1,41,150 to ₹1,46,395 per month. This is based on the average salary range of ₹14.4 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 Sourcing Manager in India?

Procter & Gamble

₹22.0 Lakhs to ₹26.0 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 Sourcing Manager in companies similar to ITC in India?

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

Hindustan Unilever	₹18.0 Lakhs to ₹25.0 Lakhs per year
Reliance Retail	₹4.9 Lakhs to ₹20.1 Lakhs per year
Lodha Group	₹4.2 Lakhs to ₹11.5 Lakhs per year
THE GUARDIANS Real Estate Advisory	₹3.0 Lakhs to ₹9.4 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 Sourcing Manager at ITC in India?

The salary growth for a Sourcing Manager at ITC depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at ITC:

Experience	Average Salary Range
3 years	₹26.0 Lakhs to ₹26.0 Lakhs per year
4 years	₹23.4 Lakhs to ₹29.9 Lakhs per year
5 years	₹9.9 Lakhs to ₹26.0 Lakhs per year
6 years	₹22.0 Lakhs to ₹40.4 Lakhs per year

and so on.

Tell us how to improve this page.

ITC Sourcing Manager Salaries by Location

Home >
Salaries >
ITC Salaries >
ITC Sourcing Manager Salaries

ITC Sourcing Manager salary in India ranges between ₹14.4 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ITC latest salaries received from various employees of ITC.