MM Forgings Senior Engineer Purchase Salaries by 4 Employees

12 - 16 years exp.

₹5 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Senior Engineer Purchase Salary in Iron & Steel Companies for 12 - 16 years of experience

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Last Updated: 15 Mar 2023

Companies similar to MM Forgings for Senior Engineer Purchase

Company name	Avg Annual Salary	Open Jobs
Electrotherm Senior Engineer Purchase Salary 6 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹6.2 L/yr 1% more
Ratnamani Metals and Tubes Senior Engineer Purchase Salary 2 - 15 years exp. (8 salaries)	₹3.7 L/yr - ₹7.1 L/yr 1% less
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Sarda Energy & Minerals Senior Engineer Purchase Salary 4 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹4.5 L/yr 18% less
APL Apollo Tubes Senior Engineer Purchase Salary 3 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹5.4 L/yr 20% less
Kirloskar Ferrous Industries Senior Engineer Purchase Salary 2 - 5 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr 28% less
Jindal Stainless Senior Engineer Purchase Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 6% more
JSW Steel Senior Engineer Purchase Salary 2 - 10 years exp. (3 salaries)	₹2.7 L/yr - ₹6 L/yr 13% less
Jindal Saw Senior Engineer Purchase Salary 2 - 10 years exp. (3 salaries)	₹4.4 L/yr - ₹7 L/yr 2% more

Senior Engineer Purchase salary at MM Forgings ranges between ₹5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of MM Forgings.

Experience wise MM Forgings Senior Engineer Purchase salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
15+ years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

Similar Designation salaries in MM Forgings

Purchase Engineer Salary

(4 salaries)

₹3.3 L/yr - ₹5.4 L/yr

Store Keeper Salary

(4 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Store Incharge Salary

(4 salaries)

₹2.1 L/yr - ₹2.5 L/yr

Logistics Executive Salary

(4 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Dispatch Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Manager Vendor Development Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Material Controller Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Store Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Assistant General Manager Purchase Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

RAW Material Incharge Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for MM Forgings

Quality Inspector in Tiruchirappalli

Full Time

Media Production & Entertainment Department

2.0

• posted on 13 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing to say,

Dislikes

No salary increment, No bonus, didn't respect any talented persons work, and wont gave any appraisal and promote the person even if you does the work for 6 years. Very dominating manager.

Salary - Bad

+5 more

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.

Skill development - Good

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.

Salary - Bad

+5 more

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

Salary - Excellent

+6 more

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.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MM Forgings Senior Engineer Purchase Salary FAQs

What is the salary of Senior Engineer Purchase at MM Forgings ?

The average salary of a Senior Engineer Purchase at MM Forgings in India typically ranges from ₹5.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Senior Engineer Purchase at MM Forgings earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Senior Engineer Purchase Salaries at MM Forgings 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 4 MM Forgings employees in India.

What is the estimated take home salary of a Senior Engineer Purchase at MM Forgings in India?

The estimated take-home salary of a Senior Engineer Purchase at MM Forgings in India typically ranges from ₹40,065 to ₹41,230 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 12 years to 16 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 4 salaries received from various employees of MM Forgings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MM Forgings for Senior Engineer Purchase in India?

Jindal Stainless	₹5.0 Lakhs to ₹6.0 Lakhs per year
Jindal Saw	₹4.4 Lakhs to ₹7.0 Lakhs per year
Electrotherm	₹4.5 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MM Forgings, depending on the role and experience level.

What is the salary of a Senior Engineer Purchase in companies similar to MM Forgings in India?

The salary of a Senior Engineer Purchase at companies similar to MM Forgings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ratnamani Metals and Tubes	₹3.7 Lakhs to ₹7.1 Lakhs per year
JSW Steel	₹2.7 Lakhs to ₹6.0 Lakhs per year
Sarda Energy & Minerals	₹4.2 Lakhs to ₹4.5 Lakhs per year
APL Apollo Tubes	₹3.9 Lakhs to ₹5.4 Lakhs per year
Kirloskar Ferrous Industries	₹3.6 Lakhs to ₹4.5 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 Senior Engineer Purchase at MM Forgings in India?

The salary growth for a Senior Engineer Purchase at MM Forgings depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Purchase can expect the following growth trajectory at MM Forgings:

Experience	Average Salary Range
12 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
13 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
14 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
15 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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MM Forgings Senior Engineer Purchase Salaries

MM Forgings Senior Engineer Purchase salary in India ranges between ₹5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MM Forgings latest salaries received from various employees of MM Forgings.