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Mahindra & Mahindra Manager Materials salaries in India (Updated 2025)

Annual salary range
12 - 26 years exp.
₹13.5 Lakhs - ₹20.5 Lakhs
Salary of majority employees
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Fixed (83%)
₹15 Lakhs
Variable (17%)
₹3.0 Lakhs
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29% more than the average Manager Materials Salary in Automobile Companies for 12 - 26 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Mahindra & Mahindra for Manager Materials

Company name Avg Annual Salary Open Jobs
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Bajaj Auto Manager Materials Salary

3 - 17 years exp. (10 salaries)

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₹22 L/yr - ₹30 L/yr

arrow icon 37% more
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Ashok Leyland Manager Materials Salary

10 - 16 years exp. (5 salaries)

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₹11.1 L/yr - ₹24.9 L/yr

arrow icon 4% more
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Tata Motors Manager Materials Salary

15 - 17 years exp. (4 salaries)

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₹10.4 L/yr - ₹17.8 L/yr

arrow icon 25% less
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₹10.2 L/yr - ₹20 L/yr

arrow icon 11% less
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₹8.5 L/yr - ₹14 L/yr

arrow icon 39% less
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Ford Motor Manager Materials Salary

15 - 33 years exp. (3 salaries)

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₹21.5 L/yr - ₹45 L/yr

arrow icon 107% more
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Mahindra Automotives Manager Materials Salary

12 - 24 years exp. (3 salaries)

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₹12.8 L/yr - ₹17.4 L/yr

arrow icon 16% less
Manager Materials salary at Mahindra & Mahindra ranges between ₹13.5 Lakhs to ₹20.5 Lakhs per year for employees with experience between 12 years to 26 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Manager Materials

3d ago
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18 years exp.
2mo ago
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26 years exp.
3mo ago
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17 years exp.
4mo ago
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14 years exp.
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13 years exp.
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18 years exp.
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12 years exp.
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13 years exp.
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12 years exp.
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24 years exp.

Experience wise Mahindra & Mahindra Manager Materials salaries

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹17 L/yr - ₹32.6 L/yr
13 years (AmbitionBox Estimate)

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₹17.5 L/yr - ₹18.6 L/yr
14 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹20.5 L/yr
15+ years  (7 salaries)

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₹13.5 L/yr - ₹19 L/yr

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₹5.1 L/yr - ₹19 L/yr
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₹1.9 L/yr - ₹9.4 L/yr
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₹1.7 L/yr - ₹6.4 L/yr

Salary related reviews for Mahindra & Mahindra

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Sep 2024

2.0
 for  Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023

3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

  • Skill development - Good
  • +3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 04 Feb 2023

4.0
 for  Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

read more
  • Salary - Good
  • +4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

read more
  • Work-life balance - Poor

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 15 May 2023

5.0
 for  Salary and Benefits

Likes

Alternate Saturday off .....good work culture

  • Salary - Excellent
  • +5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

read more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 12 Mar 2023

1.0
 for  Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

  • Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Mahindra & Mahindra Manager Materials Salary FAQs

What is the salary of Manager Materials at Mahindra & Mahindra ?
The average salary of a Manager Materials at Mahindra & Mahindra in India typically ranges from ₹13.5 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 12 years to 26 years).

The top 10% of Manager Materials at Mahindra & Mahindra earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Manager Materials Salaries at Mahindra & Mahindra 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 10+ Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Manager Materials at Mahindra & Mahindra in India?
The estimated take-home salary of a Manager Materials at Mahindra & Mahindra in India typically ranges from ₹1,21,038 to ₹1,24,439 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 12 years to 26 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 10+ salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra & Mahindra for Manager Materials in India?
Ford Motor ₹21.5 Lakhs to ₹45.0 Lakhs per year
Bajaj Auto ₹22.0 Lakhs to ₹30.0 Lakhs per year
Ashok Leyland ₹11.1 Lakhs to ₹24.9 Lakhs per year

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

Hyundai Motor India Limited ₹10.2 Lakhs to ₹20.0 Lakhs per year
Mahindra Automotives ₹12.8 Lakhs to ₹17.4 Lakhs per year
Tata Motors ₹10.4 Lakhs to ₹17.8 Lakhs per year
Daimler India Commercial Vehicles ₹8.5 Lakhs to ₹14.0 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 Manager Materials at Mahindra & Mahindra in India?
The salary growth for a Manager Materials at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Manager Materials can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
12 years ₹17.0 Lakhs to ₹32.6 Lakhs per year
13 years ₹17.5 Lakhs to ₹18.6 Lakhs per year
14 years ₹7.2 Lakhs to ₹20.5 Lakhs per year
15 years ₹13.5 Lakhs to ₹19.0 Lakhs per year
and so on.

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Mahindra & Mahindra Manager Materials salary in India ranges between ₹13.5 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.