Maruti True Value Sourcing Manager Salaries by 5 Employees (Updated 2024)

0 - 5 years exp.

₹2.9 Lakhs - ₹4 Lakhs

Salary of majority employees

75% less than the average Sourcing Manager Salary in Automobile Companies for 0 - 5 years of experience

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Salaries in different departments

Construction & Site Engineering Sourcing Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development Sourcing Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to Maruti True Value for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Sourcing Manager Salary 9 - 17 years exp. (36 salaries)	₹8.7 L/yr - ₹30.1 L/yr 498% more
Maruti Suzuki Sourcing Manager Salary 2 - 8 years exp. (16 salaries)	₹1.7 L/yr - ₹5.4 L/yr 1% more
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Ashok Leyland Sourcing Manager Salary 7 - 20 years exp. (14 salaries)	₹9 L/yr - ₹21.9 L/yr 474% more
Escorts Kubota Limited Sourcing Manager Salary 9 - 14 years exp. (9 salaries)	₹9.5 L/yr - ₹14 L/yr 229% more
Ola Electric Mobility Sourcing Manager Salary 8 - 18 years exp. (6 salaries)	₹14 L/yr - ₹26.7 L/yr 560% more
Royal Enfield Sourcing Manager Salary 15 - 17 years exp. (5 salaries)	₹15 L/yr - ₹25 L/yr 448% more
Automotive Manufacturers Sourcing Manager Salary 2 - 12 years exp. (5 salaries)	₹2 L/yr - ₹3.7 L/yr 12% less
Hyundai Motor India Limited Sourcing Manager Salary 4 - 6 years exp. (5 salaries)	₹3 L/yr - ₹8.2 L/yr 63% more
Hero MotoCorp Sourcing Manager Salary 6 - 11 years exp. (4 salaries)	₹11.3 L/yr - ₹21.5 L/yr 451% more
VE Commercial Vehicles Sourcing Manager Salary 11 - 14 years exp. (3 salaries)	₹13.7 L/yr - ₹15.7 L/yr 360% more
Tata Motors Sourcing Manager Salary 13 - 15 years exp. (3 salaries)	₹16.5 L/yr - ₹18 L/yr 435% more
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Volvo Sourcing Manager Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr 287% more
Bajaj Auto Sourcing Manager Salary 9 - 11 years exp. (3 salaries)	₹17 L/yr - ₹24 L/yr 532% more
Mahindra Automotives Sourcing Manager Salary 9 - 20 years exp. (3 salaries)	₹13.8 L/yr - ₹24 L/yr 479% more

Sourcing Manager salary at Maruti True Value ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Maruti True Value.

Experience wise Maruti True Value Sourcing Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

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Similar Designation salaries in Maruti True Value

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Team Lead Salary

(5 salaries)

₹1.92 L/yr - ₹3.2 L/yr

Salary related reviews for Maruti True Value

3.0

Rated by 1 employees for salary & benefits

Sourcing Manager in Gwalior

Full Time

Other Department

4.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Good platform for growth, learning and leadership

Dislikes

Maruti Suzuki true value Insensitive plan to bahut achha hota hai employees ke liye but dealerships inme kafi katoti karke apne hisab se employees ko Insensitive plan deti hai matlab kam ke hisab se na ke barabar.

Territory Sales Manager in Hyderabad / Secunderabad

True Value Department

3.0

• posted on 07 Mar 2022

5.0

for Salary and Benefits

Likes

Maruti Suzuki pays well. Any point of time, you feel that you are getting better package than the Industry standards. Work Life Balance is good. Company policies are employee friendly. Team outings are good. Great job security.

Dislikes

* illogical work pressure * Reviews are very bad. Get ready to face the music irrespective of performance. * Bossy work culture * If you are ok with facing illogical pressure, you can enjoy many benefits here.

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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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Maruti True Value Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Maruti True Value?

Sourcing Manager salary at Maruti True Value in India ranges between ₹2.9 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 75% less than the average Sourcing Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Maruti True Value India.

How does the salary of a Sourcing Manager at Maruti True Value India compare with the average salary range for this job?

The average salary of a Sourcing Manager at Maruti True Value is 75% less than the average salary of a Sourcing Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Maruti True Value to a Sourcing Manager in India?

Ola Electric Mobility Sourcing Manager Salary - ₹14.0 Lakhs to ₹26.7 Lakhs per year
Bajaj Auto Sourcing Manager Salary - ₹17.0 Lakhs to ₹24.0 Lakhs per year
Mahindra & Mahindra Sourcing Manager Salary - ₹8.7 Lakhs to ₹30.1 Lakhs per year
Mahindra Automotives Sourcing Manager Salary - ₹13.8 Lakhs to ₹24.0 Lakhs per year
Ashok Leyland Sourcing Manager Salary - ₹9.0 Lakhs to ₹21.9 Lakhs per year

What is the salary of a Sourcing Manager in companies similar to Maruti True Value in India?

Hero MotoCorp Sourcing Manager Salary - ₹11.3 Lakhs to ₹21.5 Lakhs per year
Royal Enfield Sourcing Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
Tata Motors Sourcing Manager Salary - ₹16.5 Lakhs to ₹18.0 Lakhs per year
VE Commercial Vehicles Sourcing Manager Salary - ₹13.7 Lakhs to ₹15.7 Lakhs per year
Volvo Sourcing Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Sourcing Manager at Maruti True Value in India?

The estimated take-home salary of a Sourcing Manager at Maruti True Value ranges between ₹23,664 per month to ₹25,123 per month in India. The take-home salary calculation is based on the average Maruti True Value Sourcing Manager salary in India which ranges between ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Sourcing Manager at Maruti True Value?

According to AmbitionBox, 50% of the Maruti True Value Sourcing Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Maruti True Value Sourcing Manager Salaries

Maruti True Value Sourcing Manager salary in India ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Maruti True Value latest salaries received from various employees of Maruti True Value.