Magna Electro Castings Purchase Executive Salaries by 2 Employees (Updated 2024)

6 - 11 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Low Confidence

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Last Updated: 7 Dec 2024

Companies similar to Magna Electro Castings for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Purchase Executive Salary 1 - 4 years exp. (10 salaries)	₹2.7 L/yr - ₹4.2 L/yr 19% less
Bharat Forge Purchase Executive Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 36% less
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Jindal Steel and Power Purchase Executive Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.6 L/yr 17% less
Tata Steel Purchase Executive Salary 1 - 11 years exp. (20 salaries)	₹1.3 L/yr - ₹6 L/yr 21% less
Hindalco Industries Purchase Executive Salary 1 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹5.8 L/yr 16% more
JSW Steel Purchase Executive Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹7.2 L/yr 30% more
Thermax Limited Purchase Executive Salary 2 - 8 years exp. (48 salaries)	₹3 L/yr - ₹7.1 L/yr 7% more
BHEL Purchase Executive Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr 201% more
Siemens Purchase Executive Salary 1 - 7 years exp. (50 salaries)	₹1.9 L/yr - ₹8.4 L/yr 13% less
Jai Balaji Group Purchase Executive Salary 2 - 9 years exp. (11 salaries)	₹2.5 L/yr - ₹4 L/yr 24% less
Bharat Wire Ropes Purchase Executive Salary 2 - 7 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 40% less
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Jindal Stainless Purchase Executive Salary 3 - 10 years exp. (6 salaries)	₹5.5 L/yr - ₹8 L/yr 40% more
BMW Industries Purchase Executive Salary 1 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹2.6 L/yr 47% less
Vardhman Special Steels Purchase Executive Salary 4 - 7 years exp. (4 salaries)	₹5.3 L/yr - ₹8.3 L/yr 57% more

Purchase Executive salary at Magna Electro Castings ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Magna Electro Castings.

Similar Designation salaries in Magna Electro Castings

Purchase Officer Salary

(4 salaries)

₹4.6 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(20 salaries)

₹3.1 L/yr - ₹7.8 L/yr

Deputy Manager Salary

(3 salaries)

₹5.6 L/yr - ₹9.3 L/yr

Salary related reviews for Magna Electro Castings

Senior Engineer in Coimbatore

Quality Assurance Department

4.0

• posted on 11 Nov 2021

4.0

for Salary and Benefits

Likes

Will get salary on time of every month. Covid precautions found satisfactory. Self learning opportunities more.

Dislikes

Very less promosions for long working people. Should identify skills required for the people and should promoted.

Assistant Manager Foundry Production in Coimbatore

Production, Manufacturing & Engineering Department

4.0

• posted on 13 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment, company policies are good, appraisal are fare, they give good salary and bonus every year

Dislikes

There is a lot pressure in work, always atten meeting in our working hours can't work in on the job issues, every day work more than 10 hours

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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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Magna Electro Castings Purchase Executive Salary FAQs

What is the notice period for Purchase Executive at Magna Electro Castings?

According to AmbitionBox, 100% of the Magna Electro Castings Purchase Executives reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magna Electro Castings Purchase Executive Salaries

Magna Electro Castings Purchase Executive salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs. This is an estimate based on latest salaries received from employees of Magna Electro Castings.