MM Forgings Executive Salaries by 5 Employees (Updated 2024)

2 - 11 years exp.

₹1.8 Lakh - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Executive Salary in Iron & Steel Companies for 2 - 11 years of experience

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Salaries in different departments

IT & Information Security Executive Salary 7 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
Production, Manufacturing & Engineering Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Quality Assurance Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.9 L/yr
Procurement & Supply Chain Executive Salary 7 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 12 Oct 2024

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Jindal Stainless Executive Salary 2 - 15 years exp. (170 salaries)	₹4 L/yr - ₹10 L/yr 182% more	5 job openings
ISMT Executive Salary 1 - 11 years exp. (91 salaries)	₹2 L/yr - ₹6.5 L/yr 72% more
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Tata Steel Executive Salary 3 - 9 years exp. (90 salaries)	₹2 L/yr - ₹10 L/yr 135% more
Jindal Saw Executive Salary 2 - 18 years exp. (75 salaries)	₹3 L/yr - ₹8.2 L/yr 126% more
JSW Steel Executive Salary 3 - 12 years exp. (32 salaries)	₹2.8 L/yr - ₹9.8 L/yr 98% more
APL Apollo Tubes Executive Salary 0 - 7 years exp. (23 salaries)	₹2.6 L/yr - ₹5.4 L/yr 43% more
Jai Balaji Group Executive Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹4 L/yr 24% more
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Ratnamani Metals and Tubes Executive Salary 4 - 9 years exp. (4 salaries)	₹3.9 L/yr - ₹6 L/yr 77% more

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Executive salary at MM Forgings ranges between ₹1.8 Lakh to ₹4.4 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of MM Forgings.

Experience wise MM Forgings Executive salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr

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Similar Designation salaries in MM Forgings

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₹1.2 L/yr - ₹3 L/yr

Deputy Manager Salary

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₹9 L/yr - ₹12 L/yr

QA QC Engineer Salary

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₹2 L/yr - ₹4.8 L/yr

Senior Engineer Salary

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Quality Engineer Salary

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₹2 L/yr - ₹4 L/yr

Quality Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Junior Engineer Salary

(27 salaries)

₹2 L/yr - ₹4 L/yr

Quality Analyst Salary

(4 salaries)

₹1 L/yr - ₹2.15 L/yr

Assistant Engineer Salary

(31 salaries)

₹1.92 L/yr - ₹4 L/yr

Salary related reviews for MM Forgings

1.0

Rated by 1 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 Executive Salary FAQs

What is the salary of Executive at MM Forgings?

Executive salary at MM Forgings in India ranges between ₹1.8 Lakhs to ₹4.4 Lakhs for experience between 2 years to 11 years. According to our estimates it is 44% less than the average Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MM Forgings India.

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

The average salary of a Executive at MM Forgings is 44% less than the average salary of a Executive in India. To know exact salary insights, login to view.

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

Steel Authority Of India Executive Salary - ₹3.0 Lakhs to ₹15.0 Lakhs per year
Mukand Limited Executive Salary - ₹6.8 Lakhs to ₹8.6 Lakhs per year
Endurance Technologies Executive Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Jindal Stainless Executive Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Tata Steel Executive Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year

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

Jindal Saw Executive Salary - ₹3.0 Lakhs to ₹8.2 Lakhs per year
JSW Steel Executive Salary - ₹2.8 Lakhs to ₹9.8 Lakhs per year
ZF Commercial Vehicle Control Systems Executive Salary - ₹3.7 Lakhs to ₹6.2 Lakhs per year
Ratnamani Metals and Tubes Executive Salary - ₹3.9 Lakhs to ₹6.0 Lakhs per year
Ramkrishna Forgings Executive Salary - ₹3.7 Lakhs to ₹5.7 Lakhs per year

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

The estimated take-home salary of a Executive at MM Forgings ranges between ₹18,064 per month to ₹19,756 per month in India. The take-home salary calculation is based on the average MM Forgings Executive salary in India which ranges between ₹1.8 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Executive at MM Forgings?

According to AmbitionBox, 100% of the MM Forgings Executives reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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MM Forgings Executive Salaries

MM Forgings Executive salary in India ranges between ₹1.8 Lakh to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MM Forgings latest salaries received from various employees of MM Forgings.