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M G Electrica Purchase Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹3.1 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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15% less than the average Purchase Engineer Salary for 3 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Purchase Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.2 L/yr

Procurement & Supply Chain
Purchase Engineer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to M G Electrica for Purchase Engineer

Company name Avg Annual Salary Open Jobs
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₹2.9 L/yr - ₹4.2 L/yr

arrow icon 9% more
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₹4 L/yr - ₹5.2 L/yr

arrow icon 43% more
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Sun Mobility Purchase Engineer Salary

3 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 1% less
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Bharat Electronics Purchase Engineer Salary

1 - 4 years exp. (90 salaries)

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₹1 L/yr - ₹5.4 L/yr

arrow icon 19% more
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Tata Motors Purchase Engineer Salary

1 - 5 years exp. (89 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 1% less
Purchase Engineer salary at M G Electrica ranges between ₹3.1 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of M G Electrica.

Latest annual salaries shared by M G Electrica Purchase Engineer

1y ago
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4 years exp.
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3 years exp.
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4 years exp.
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5 years exp.

Experience wise M G Electrica Purchase Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in M G Electrica

Executive Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Purchase Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for M G Electrica

Full Time

 · 

Quality Assurance Department

4.0
  •  posted on 25 Jul 2023

3.0
 for  Salary and Benefits

Likes

For fresher it is great company to work. One can gather lot of process knowledge and documentation knowledge related to quality. Can learn all the aspects of quality right from incoming to final inspection.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Overburdened Average working hours 10 - 10.5

Quality Department

3.0
  •  posted on 19 Sep 2022

1.0
 for  Salary and Benefits

Likes

If anyone want to learn about IATF and want work in quality department as a fresher then this is good company

Dislikes

Have to work overtime daily. You are paid for 8 hours and you have to work for at least 10 hours daily

  • Salary - Bad
  • +4 more
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M G Electrica Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at M G Electrica ?
The average salary of a Purchase Engineer at M G Electrica in India typically ranges from ₹3.1 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Purchase Engineer at M G Electrica earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Purchase Engineer Salaries at M G Electrica 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 M G Electrica employees in India.
What is the estimated take home salary of a Purchase Engineer at M G Electrica in India?
The estimated take-home salary of a Purchase Engineer at M G Electrica in India typically ranges from ₹24,410 to ₹25,858 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 3 years to 5 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 M G Electrica. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than M G Electrica for Purchase Engineer in India?
Madras Engineering Industries ₹4.0 Lakhs to ₹5.2 Lakhs per year
Bharat Electronics ₹1.0 Lakhs to ₹5.4 Lakhs per year
Magneti Marelli Motherson Auto System ₹2.9 Lakhs to ₹4.2 Lakhs per year

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

Sun Mobility ₹3.0 Lakhs to ₹3.5 Lakhs per year
Tata Motors ₹2.0 Lakhs to ₹4.8 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 Engineer at M G Electrica in India?
The salary growth for a Purchase Engineer at M G Electrica depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at M G Electrica:

Experience Average Salary Range
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

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M G Electrica Purchase Engineer salary in India ranges between ₹3.1 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 M G Electrica latest salaries received from various employees of M G Electrica.