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Minda Stoneridge Instruments Purchase Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹3.4 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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17% more than the average Purchase Engineer Salary in Auto Components Companies for 3 - 7 years of experience

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Salaries in different departments

Procurement & Supply Chain
Purchase Engineer Salary
3 - 7 years exp. (7 salaries)
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₹3.4 L/yr - ₹5.5 L/yr

Project & Program Management
Purchase Engineer Salary
3 - 5 years exp. (3 salaries)
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₹4 L/yr - ₹6 L/yr

Last Updated: 5 Apr 2023

Companies similar to Minda Stoneridge Instruments for Purchase Engineer

Company name Avg Annual Salary Open Jobs
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Belrise Industries Purchase Engineer Salary

1 - 6 years exp. (51 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 22% less
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Mando Automotive Purchase Engineer Salary

1 - 6 years exp. (23 salaries)

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₹3.8 L/yr - ₹6.2 L/yr

arrow icon 23% more
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₹3 L/yr - ₹5.2 L/yr

arrow icon 5% less
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₹2.4 L/yr - ₹5 L/yr

arrow icon 11% less
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Faurecia Purchase Engineer Salary

0 - 6 years exp. (13 salaries)

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₹4.2 L/yr - ₹6.5 L/yr

arrow icon 26% more
2 job openings
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Keihin Fie Purchase Engineer Salary

1 - 8 years exp. (12 salaries)

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₹2.3 L/yr - ₹8.2 L/yr

arrow icon 2% less
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₹2.7 L/yr - ₹4.6 L/yr

arrow icon 25% less
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Indo Autotech Purchase Engineer Salary

2 - 6 years exp. (7 salaries)

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₹3 L/yr - ₹5.3 L/yr

arrow icon 15% less
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Yokogawa Purchase Engineer Salary

2 - 4 years exp. (5 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 31% less
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Advik Hi Tech Purchase Engineer Salary

1 - 3 years exp. (5 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 41% less
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Sunbeam Auto Purchase Engineer Salary

1 - 7 years exp. (4 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 15% less
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Krishna Maruti Purchase Engineer Salary

1 - 7 years exp. (4 salaries)

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₹2.9 L/yr - ₹3.5 L/yr

arrow icon 33% less
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Musashi Auto Parts Purchase Engineer Salary

1 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹9.6 L/yr

arrow icon 9% more
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₹3.8 L/yr - ₹5.3 L/yr

arrow icon 1% more
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Delphi TVS Purchase Engineer Salary

0 - 1 year exp. (4 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 47% less
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Turbo Energy Purchase Engineer Salary

1 - 5 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.6 L/yr

arrow icon 16% less
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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 33% less
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Nexteer Automotive Purchase Engineer Salary

1 - 9 years exp. (3 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 11% less
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Forvia Hella Purchase Engineer Salary

6 - 17 years exp. (3 salaries)

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₹6.3 L/yr - ₹8 L/yr

arrow icon 60% more
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₹4 L/yr - ₹4.2 L/yr

arrow icon 11% less
View all
Purchase Engineer salary at Minda Stoneridge Instruments ranges between ₹3.4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Minda Stoneridge Instruments.

Latest annual salaries shared by Minda Stoneridge Instruments Purchase Engineer

1y ago
₹3.4 Lakhs
4 years exp.
1y ago
₹6 Lakhs
5 years exp.
1y ago
₹5.2 Lakhs
7 years exp.
1y ago
₹5.5 Lakhs
3 years exp.
1y ago
₹5.1 Lakhs
4 years exp.
1y ago
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3 years exp.
1y ago
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5 years exp.
1y ago
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5 years exp.
1y ago
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6 years exp.
1y ago
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4 years exp.

Experience wise Minda Stoneridge Instruments Purchase Engineer salaries

Last Updated: 5 Apr 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years  (3 salaries)

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₹3.4 L/yr - ₹5.1 L/yr
5 years  (3 salaries)

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₹4.2 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Minda Stoneridge Instruments

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₹15.5 L/yr - ₹19 L/yr
Sourcing Engineer Salary
(AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr
Graduate Engineer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
Senior Engineer Salary
(34 salaries)
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₹4.2 L/yr - ₹9 L/yr
Purchase Assistant Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.8 L/yr - ₹3.95 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(34 salaries)
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₹6.5 L/yr - ₹16 L/yr

Salary related reviews for Minda Stoneridge Instruments

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Media Production & Entertainment Department

4.0
  •  posted on 26 Oct 2023

5.0
 for  Salary and Benefits

Likes

Working with talented and supportive colleagues not only boosts productivity but also makes each day enjoyable.

  • Salary - Excellent
  • +6 more

Dislikes

...Not enough professional development. Mismatch in work style and environment. Seeking fair market compensation. Inspired by other company/leadership style.

read more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 28 Dec 2024

5.0
 for  Salary and Benefits

Likes

In Minda Instrument I have join as GET - SQA Quality In this department I have gained lot of knowledge for Supplier management & Incoming Inspection activity & Layout Inspection for New Project Development For Sensor & Cluster Products Also Conducting Audit For New Supplier assessment & Also Faced Audits like IATF, ISO . Overall experience is Best For my Self Improvement.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In this company Others Process Very Slow small small things to get approval that's why This activity very irritate in daily work

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 12 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

Senior staff is very dominating. Not at all good Company for women considering the location and career growth. No respect for employees. Worst culture among departments. No one takes the responsibility of their own actions especially senior staff. Don't join this Company if you really care about your mental health.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 30 Apr 2024

1.0
 for  Salary and Benefits

Likes

Job satisfaction.

  • Job security - Good

Dislikes

No Quality Mindset , culture from Management No recognition to Ground level employee who work for organization. Top management make appraisal , promotion to L1 Manager and HOD only. Poor resources

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Quality Assurance Department

4.0
  •  posted on 26 Mar 2023

3.0
 for  Salary and Benefits

Likes

1.Challenging opportunity 2. Organization trust , giving responsibility to everyone - Designation is not matter here to give best 3.Support from top management 4.Company vision & corporate

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary needs to be revise as compare to industry's standard

see more salary related reviews

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Minda Stoneridge Instruments Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Minda Stoneridge Instruments ?
The average salary of a Purchase Engineer at Minda Stoneridge Instruments in India typically ranges from ₹3.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Purchase Engineer at Minda Stoneridge Instruments earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Purchase Engineer Salaries at Minda Stoneridge Instruments 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 Minda Stoneridge Instruments employees in India.
What is the estimated take home salary of a Purchase Engineer at Minda Stoneridge Instruments in India?
The estimated take-home salary of a Purchase Engineer at Minda Stoneridge Instruments in India typically ranges from ₹34,603 to ₹35,848 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 Minda Stoneridge Instruments. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Minda Stoneridge Instruments for Purchase Engineer in India?
Forvia Hella ₹6.3 Lakhs to ₹8.0 Lakhs per year
Faurecia ₹4.2 Lakhs to ₹6.5 Lakhs per year
Mando Automotive ₹3.8 Lakhs to ₹6.2 Lakhs per year
Musashi Auto Parts ₹3.0 Lakhs to ₹9.6 Lakhs per year
Bridgestone India Automotive Products ₹3.8 Lakhs to ₹5.3 Lakhs per year

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

Keihin Fie ₹2.3 Lakhs to ₹8.2 Lakhs per year
Motherson Automotive Technologies and Engineering ₹3.0 Lakhs to ₹5.2 Lakhs per year
Dana Anand ₹4.0 Lakhs to ₹4.5 Lakhs per year
Maini Precision Products ₹2.4 Lakhs to ₹5.0 Lakhs per year
Nexteer Automotive ₹3.2 Lakhs to ₹5.5 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 Minda Stoneridge Instruments in India?
The salary growth for a Purchase Engineer at Minda Stoneridge Instruments depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at Minda Stoneridge Instruments:

Experience Average Salary Range
3 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years ₹3.4 Lakhs to ₹5.1 Lakhs per year
5 years ₹4.2 Lakhs to ₹6.0 Lakhs per year
6 years ₹4.3 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

Minda Stoneridge Instruments Purchase Engineer salary in India ranges between ₹3.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Minda Stoneridge Instruments latest salaries received from various employees of Minda Stoneridge Instruments.