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Modern Automotives Manager salaries in India

Annual salary range
16 - 20 years exp.
₹9 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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39% less than the average Manager Salary in Auto Components Companies for 16 - 20 years of experience

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Last Updated: 22 Aug 2023

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View all
Manager salary at Modern Automotives ranges between ₹9 Lakhs to ₹13 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Automotives.

Latest annual salaries shared by Modern Automotives Manager

1y ago
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20 years exp.
1y ago
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19 years exp.

Experience wise Modern Automotives Manager salaries

Last Updated: 22 Aug 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹9 L/yr - ₹13 L/yr

Similar Designation salaries in Modern Automotives

Deputy Manager Salary
(8 salaries)
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₹6.5 L/yr - ₹8.4 L/yr
Deputy General Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Chartered Accountant Salary
(AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.5 L/yr

Top skills at Modern Automotives for Manager

Machine Maintenance Manufacturing Cold Forging Quality Assurance

Salary related reviews for Modern Automotives

Finance & Accounting Department

1.0
  •  posted on 08 Jul 2021

2.0
 for  Salary and Benefits

Likes

...ible. Sr. level people always pay dirty politics instead of company improvement. HR polices of the company is worst, Gratuity policy, allowance policy, appraisal, salary payment time all are very poorly managed. HR department currently handling by whom that is very unprofessional also. No fix date of salary and even salary payment is in partially basis. Company financial condition is very poor. Steel unit of the promoter group already sold out another is also NPA with bank.

read more

Dislikes

Maximum of team has left the company because of financial condition & HR Policies.

  • Salary - Poor
  • +3 more

Research & Development Department

3.0
  •  posted on 24 Oct 2019

2.0
 for  Salary and Benefits

Dislikes

compensation is decent,but growth is slow.The work pressure is very high.sometimes,i have to work 14-18 hours straight in a day as i have to attand clint calls in the evening and sometimes late into night . Managers do not value an individuals " uniqui strengths,which is why i have to take back my suggestions most of the times. I do receive appreciation emails from my clint,but they mostly go unnoticed during my mid-year appraisal .Also,there is no on job training for fresher,hence senior folks like me have to guide them step-by step,which is a pain sometimes

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Oct 2018

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more
  • Job security - Good
  • +1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 19 Oct 2023

2.0
 for  Salary and Benefits

Likes

Top level management mind set as operator level. Director level people are discussing topic on tea and water not focus new business. They are working clutre like home maker ladies. They are very negative mind people and this sign is very dangerous for company growth.

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Dislikes

Immediately throw out these type of nagative mind set people from organisation otherwise company will be closed after some time.

read more
  • Salary - Poor
  • +5 more

Finance & Accounting Department

5.0
  •  posted on 27 Aug 2021

5.0
 for  Salary and Benefits

Likes

I am surprised to see the review shared by Anonymous about our company. As these comments are false and seems to be shared out of frustration by someone or our competitor. Modern Automotives, since its inception, is a professionally managed company, having 7 state-of-the-art Manufacturing facilities across India. The company's systems are strong enough to mitigate the routine issues. All the processes are well defined and processed through our strong SAP Systems. HR Policies are in place and are rigorously followed. The company is associated with renowned Auto Majors i.e. Honda, Yamaha, TVS Motors apart from Japanese OEMs i.e. Musashi, KYB and many more. as a Tier-I supplier for their Autoparts requirements in Powertrain, Suspension & Chassis. The company is on its growth trajectory. I wish the Company & all my teammates best of luck.

read more
  • Salary - Excellent
  • +6 more
see more salary related reviews

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Modern Automotives Manager Salary FAQs

What is the salary of Manager at Modern Automotives ?
The average salary of a Manager at Modern Automotives in India typically ranges from ₹9.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of Manager at Modern Automotives earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Manager Salaries at Modern Automotives 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 Modern Automotives employees in India.
What is the estimated take home salary of a Manager at Modern Automotives in India?
The estimated take-home salary of a Manager at Modern Automotives in India typically ranges from ₹72,177 to ₹74,038 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 16 years to 20 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 Modern Automotives. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Manager at Modern Automotives ?
To be a Manager at Modern Automotives in india, the key skills required include:

  • - Machine Maintenance
  • - Manufacturing
  • - Cold Forging
  • - Quality Assurance

These skills are highly valued at Modern Automotives and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Modern Automotives for Manager in India?
Marelli ₹18.0 Lakhs to ₹42.5 Lakhs per year
Toyota Boshoku Automotive ₹22.2 Lakhs to ₹25.0 Lakhs per year
Makino ₹15.0 Lakhs to ₹23.0 Lakhs per year
Inteva Products ₹13.2 Lakhs to ₹24.0 Lakhs per year
Delphi Automotive Systems ₹15.0 Lakhs to ₹20.0 Lakhs per year

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

Mitsuba ₹13.0 Lakhs to ₹22.0 Lakhs per year
Rheinmetall Automotive ₹12.0 Lakhs to ₹26.0 Lakhs per year
Sankei Giken ₹16.1 Lakhs to ₹18.4 Lakhs per year
Bucher Hydraulics ₹15.0 Lakhs to ₹18.0 Lakhs per year
Voss Automotive ₹11.1 Lakhs to ₹18.1 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 Manager at Modern Automotives in India?
The salary growth for a Manager at Modern Automotives depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at Modern Automotives:

Experience Average Salary Range
15 years ₹9.0 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

Modern Automotives Manager salary in India ranges between ₹9 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Modern Automotives latest salaries received from various employees of Modern Automotives.