Magenta Ev Solutions Procurement Manager Salaries by 5 Employees (Updated 2024)

6 - 17 years exp.

₹7.2 Lakhs - ₹12 Lakhs

Salary of majority employees

33% less than the average Procurement Manager Salary for 6 - 17 years of experience

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Last Updated: 28 Nov 2024

Companies similar to Magenta Ev Solutions for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Tata Power Procurement Manager Salary 10 - 15 years exp. (5 salaries)	₹12 L/yr - ₹24 L/yr 57% more
BHEL Procurement Manager Salary 12 - 16 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 128% more
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Genpact Procurement Manager Salary 8 - 14 years exp. (53 salaries)	₹8 L/yr - ₹19.8 L/yr 29% more	2 job openings
Accenture Procurement Manager Salary 9 - 19 years exp. (37 salaries)	₹8.5 L/yr - ₹30.1 L/yr 75% more
TCS Procurement Manager Salary 6 - 18 years exp. (24 salaries)	₹10.8 L/yr - ₹25.9 L/yr 45% more
HCLTech Procurement Manager Salary 8 - 17 years exp. (21 salaries)	₹9 L/yr - ₹15.6 L/yr 29% more
Amazon Procurement Manager Salary 4 - 14 years exp. (20 salaries)	₹11 L/yr - ₹33.2 L/yr 123% more	2 job openings
Wipro Procurement Manager Salary 8 - 18 years exp. (19 salaries)	₹9 L/yr - ₹21.2 L/yr 48% more
Cognizant Procurement Manager Salary 7 - 16 years exp. (17 salaries)	₹10.2 L/yr - ₹36 L/yr 115% more
IBM Procurement Manager Salary 4 - 16 years exp. (15 salaries)	₹9 L/yr - ₹24 L/yr 35% more
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (13 salaries)	₹5.5 L/yr - ₹18.1 L/yr 9% more
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Tech Mahindra Procurement Manager Salary 10 - 22 years exp. (12 salaries)	₹10 L/yr - ₹28 L/yr 72% more
Axis Bank Procurement Manager Salary 5 - 15 years exp. (11 salaries)	₹6 L/yr - ₹15 L/yr 8% more
Deloitte Procurement Manager Salary 13 - 22 years exp. (9 salaries)	₹15 L/yr - ₹25 L/yr 109% more
Ernst & Young Procurement Manager Salary 9 - 21 years exp. (7 salaries)	₹18 L/yr - ₹25 L/yr 91% more
Concentrix Corporation Procurement Manager Salary 9 - 11 years exp. (6 salaries)	₹8 L/yr - ₹10.7 L/yr 7% less
Capgemini Procurement Manager Salary 2 - 20 years exp. (6 salaries)	₹4.2 L/yr - ₹23 L/yr 23% more
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 21% more
LTIMindtree Procurement Manager Salary 10 - 14 years exp. (5 salaries)	₹10.7 L/yr - ₹14.1 L/yr 22% more
Teleperformance Procurement Manager Salary 5 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹8.1 L/yr 26% less

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Procurement Manager salary at Magenta Ev Solutions ranges between ₹7.2 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Magenta Ev Solutions.

Experience wise Magenta Ev Solutions Procurement Manager salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹18.3 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
15+ years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.1 L/yr

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Salary related reviews for Magenta Ev Solutions

Associate Talent Acquisition in Navi Mumbai

Full Time

Human Resources Department

2.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Salaries on time

Dislikes

The entire management is never true to their words, commitments, or discussions, resulting in job insecurity. Magenta creates a toxic work environment that may ultimately compel you to resign, but according to them, they never follow the hire and fire system.

Key Account Manager (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jul 2023

1.0

for Salary and Benefits

Likes

Only Founders and Company's vision for a greener earth which encouraged me to join Magenta.

Dislikes

I had worst experience with the company due to below 3 reasons : - 1. Incorrect communications before joining. 2. No job security. 3. Internal politics. 4. No proper training to new joiners. 5. Company takes any decision over a night which directly impacts the employees.

Hsse in Mumbai

Full Time

Environment Health & Safety Department

1.0

• posted on 09 Mar 2024

1.0

for Salary and Benefits

Likes

nothing.

Dislikes

the company lacks professionalism entirely, and the management appears to adopt a questionable approach by targeting employees without valid reason and pressuring them to resign, arrogance characterized the prevailing atmosphere making it one of the worst companies to work for.

Project Lead in Bangalore / Bengaluru

Project & Program Management Department

5.0

• posted on 12 Jun 2022

5.0

for Salary and Benefits

Likes

One thing I like and enjoy working in MEVS is you get a chance to take ownership and deliver as per your potential. Also, the management listen to your views and ideas which ultimately makes you feel valuable.

Dislikes

Nothing, the company is growing in best possible way.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magenta Ev Solutions Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Magenta Ev Solutions?

Procurement Manager salary at Magenta Ev Solutions in India ranges between ₹7.2 Lakhs to ₹12.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 33% less than the average Procurement Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magenta Ev Solutions India.

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

The average salary of a Procurement Manager at Magenta Ev Solutions is 33% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magenta Ev Solutions to a Procurement Manager in India?

BHEL Procurement Manager Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Amazon Procurement Manager Salary - ₹11.0 Lakhs to ₹33.2 Lakhs per year
Cognizant Procurement Manager Salary - ₹10.2 Lakhs to ₹36.0 Lakhs per year
Deloitte Procurement Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
Ernst & Young Procurement Manager Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Procurement Manager in companies similar to Magenta Ev Solutions in India?

Accenture Procurement Manager Salary - ₹8.5 Lakhs to ₹30.1 Lakhs per year
Tech Mahindra Procurement Manager Salary - ₹10.0 Lakhs to ₹28.0 Lakhs per year
Tata Power Procurement Manager Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
Wipro Procurement Manager Salary - ₹9.0 Lakhs to ₹21.2 Lakhs per year
TCS Procurement Manager Salary - ₹10.8 Lakhs to ₹25.9 Lakhs per year

What is the estimated take home salary of a Procurement Manager at Magenta Ev Solutions in India?

The estimated take-home salary of a Procurement Manager at Magenta Ev Solutions ranges between ₹75,259 per month to ₹77,207 per month in India. The take-home salary calculation is based on the average Magenta Ev Solutions Procurement Manager salary in India which ranges between ₹7.2 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at Magenta Ev Solutions?

According to AmbitionBox, 100% of the Magenta Ev Solutions Procurement Manager s reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Magenta Ev Solutions Procurement Manager Salaries

Magenta Ev Solutions Procurement Manager salary in India ranges between ₹7.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magenta Ev Solutions latest salaries received from various employees of Magenta Ev Solutions.