MM Forgings Assistant Manager Salaries by 20+ Employees (Updated 2024)

10 - 22 years exp.

₹4.2 Lakhs - ₹8.3 Lakhs

Salary of majority employees

26% less than the average Assistant Manager Salary in Iron & Steel Companies for 10 - 22 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager Salary 12 - 22 years exp. (11 salaries)	₹4.2 L/yr - ₹8 L/yr
Research & Development Assistant Manager Salary 12 - 21 years exp. (3 salaries)	₹5.6 L/yr - ₹8 L/yr
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Strategic & Top Management Assistant Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.6 L/yr
Quality Assurance Assistant Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Last Updated: 18 Sep 2024

Companies similar to MM Forgings for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Assistant Manager Salary 1 - 17 years exp. (573 salaries)	₹3.5 L/yr - ₹12 L/yr 26% more
Ramkrishna Forgings Assistant Manager Salary 4 - 15 years exp. (42 salaries)	₹3 L/yr - ₹9.9 L/yr 12% more
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Munjal Auto Industries Assistant Manager Salary 9 - 17 years exp. (47 salaries)	₹5.8 L/yr - ₹10.2 L/yr 37% more
Rane Group Assistant Manager Salary 5 - 14 years exp. (37 salaries)	₹5.3 L/yr - ₹9.3 L/yr 14% more	1 job opening
Endurance Technologies Assistant Manager Salary 5 - 18 years exp. (299 salaries)	₹5.5 L/yr - ₹15 L/yr 64% more
TVS Sundram Fasteners Assistant Manager Salary 4 - 19 years exp. (313 salaries)	₹5.1 L/yr - ₹13.6 L/yr 45% more
ZF Commercial Vehicle Control Systems Assistant Manager Salary 7 - 14 years exp. (100 salaries)	₹6.3 L/yr - ₹13.8 L/yr 61% more
Rico Auto Industries Assistant Manager Salary 5 - 13 years exp. (289 salaries)	₹3 L/yr - ₹8.5 L/yr 2% less	1 job opening
Suprajit Engineering Assistant Manager Salary 9 - 18 years exp. (57 salaries)	₹5 L/yr - ₹8.6 L/yr 15% more
JSW Steel Assistant Manager Salary 0 - 18 years exp. (3.5k salaries)	₹5.2 L/yr - ₹14.5 L/yr 42% more	4 job openings
Tata Steel Assistant Manager Salary 0 - 18 years exp. (1.3k salaries)	₹5.2 L/yr - ₹15 L/yr 61% more	2 job openings
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Jindal Saw Assistant Manager Salary 5 - 16 years exp. (392 salaries)	₹4.6 L/yr - ₹13.2 L/yr 41% more	1 job opening
Jayaswal Neco Industries Assistant Manager Salary 1 - 13 years exp. (328 salaries)	₹2.2 L/yr - ₹9.5 L/yr 9% less
ESL Steel Assistant Manager Salary 0 - 16 years exp. (217 salaries)	₹4.8 L/yr - ₹16.5 L/yr 56% more
Electrotherm Assistant Manager Salary 6 - 20 years exp. (178 salaries)	₹4.2 L/yr - ₹11 L/yr 27% more
Jindal Stainless Assistant Manager Salary 5 - 18 years exp. (137 salaries)	₹4.6 L/yr - ₹15 L/yr 66% more	1 job opening
Indian Metals & Ferro Alloys Assistant Manager Salary 5 - 25 years exp. (100 salaries)	₹6 L/yr - ₹13.5 L/yr 59% more
Usha Martin Assistant Manager Salary 4 - 12 years exp. (98 salaries)	₹4.6 L/yr - ₹10 L/yr 23% more
APL Apollo Tubes Assistant Manager Salary 7 - 14 years exp. (96 salaries)	₹4.6 L/yr - ₹9.5 L/yr 16% more
Steel Authority Of India Assistant Manager Salary 1 - 10 years exp. (82 salaries)	₹7.2 L/yr - ₹21.4 L/yr 153% more

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Assistant Manager salary at MM Forgings ranges between ₹4.2 Lakhs to ₹8.3 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 21 latest salaries received from various employees of MM Forgings.

Experience wise MM Forgings Assistant Manager salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.5 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹6 L/yr
15+ years (15 salaries)	₹4.5 L/yr - ₹8.3 L/yr

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Similar Designation salaries in MM Forgings

Team Manager Salary

(3 salaries)

₹7.8 L/yr - ₹29.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(8 salaries)

₹9 L/yr - ₹12 L/yr

Team Lead Salary

(12 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for MM Forgings

4.3

Rated by 3 employees for salary & benefits

Assistant Engineer in Chennai

Full Time

Project & Program Management Department

3.0

• posted on 03 Nov 2020

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teamates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal ate fair and they give salay home and bonus every year.

Dislikes

Salary is decent but career growth is slow.

Quality Assurance Quality Control Engineer in Sivaganga

Quality Department

2.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Job security, Friendly people, Food is ok, salary on time no delay, provide accommodation and food, 8 hrs work, communication

Dislikes

Management is worst, Increament is very low compared to other companies, Doesn't provide any experience certificate, work environment is terrible, no transport facilities, low education knowledge is enough to work, career growth is poor.

Mechanical Maintenance Engineer in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is Transparent .there is A Huge Cafeteria and Gaming Arcade For Chilling. Company Policies are Good, appraisal are fair and they Give Good Salary Hike and bonus Every Year

Dislikes

Politics......

Executive Assistant

MD's Office Department

1.0

• posted on 08 Sep 2018

3.0

for Salary and Benefits

Likes

Nothing to like working at MM Forgings

Dislikes

...istant/secretary. I mean there are 2 secretaries always in top heads department. Those who are joining as 2nd secretary, will lose his job at any time even though if he is a good performer and getting poor/average/high/very high salary and not like 1st secretaries who are working for more than 15 - 20 years. Management will not show any courtesy and will terminate these 2nd secretaries without any valid reason. My advice is if a person who is really having dependant and commitment to run his family with a salary getting from M M Forgings job, he should not join here with a planning of continuing in long run.

Design Engineer in Chennai

Research & Development Department

1.0

• posted on 09 May 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transperant. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is descent but career growth is slow. There is bond of 2 years before which you cannot resign. On the job training is not given to new joinees

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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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MM Forgings Assistant Manager Salary FAQs

What is the salary of Assistant Manager at MM Forgings?

Assistant Manager salary at MM Forgings in India ranges between ₹4.2 Lakhs to ₹8.3 Lakhs for experience between 10 years to 22 years. According to our estimates it is 26% less than the average Assistant Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of MM Forgings India.

How does the salary of a Assistant Manager at MM Forgings India compare with the average salary range for this job?

The average salary of a Assistant Manager at MM Forgings is 26% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MM Forgings to a Assistant Manager in India?

Steel Authority Of India Assistant Manager Salary - ₹7.2 Lakhs to ₹21.4 Lakhs per year
Jindal Stainless Assistant Manager Salary - ₹4.6 Lakhs to ₹15.0 Lakhs per year
Endurance Technologies Assistant Manager Salary - ₹5.5 Lakhs to ₹15.0 Lakhs per year
ZF Commercial Vehicle Control Systems Assistant Manager Salary - ₹6.3 Lakhs to ₹13.8 Lakhs per year
Tata Steel Assistant Manager Salary - ₹5.2 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to MM Forgings in India?

Indian Metals & Ferro Alloys Assistant Manager Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year
Mukand Limited Assistant Manager Salary - ₹5.0 Lakhs to ₹14.5 Lakhs per year
ESL Steel Assistant Manager Salary - ₹4.8 Lakhs to ₹16.5 Lakhs per year
Tata Metaliks Assistant Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
TVS Sundram Fasteners Assistant Manager Salary - ₹5.1 Lakhs to ₹13.6 Lakhs per year

What is the estimated take home salary of a Assistant Manager at MM Forgings in India?

The estimated take-home salary of a Assistant Manager at MM Forgings ranges between ₹46,872 per month to ₹47,982 per month in India. The take-home salary calculation is based on the average MM Forgings Assistant Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.3 Lakhs per year for employees with experience between 10 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at MM Forgings?

According to AmbitionBox, 45% of the MM Forgings Assistant Managers reported a notice period of 1 Month, 46% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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MM Forgings Assistant Manager Salaries

MM Forgings Assistant Manager salary in India ranges between ₹4.2 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 MM Forgings latest salaries received from various employees of MM Forgings.