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Modern Steels Production Manager salaries in India

Annual salary range
12 - 15 years exp.
₹7.8 Lakhs - ₹13.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Production Manager Salary in Iron & Steel Companies for 12 - 15 years of experience

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Last Updated: 31 Mar 2023

Companies similar to Modern Steels for Production Manager

Company name Avg Annual Salary Open Jobs
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Kalyani Forge Production Manager Salary

12 - 28 years exp. (10 salaries)

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₹3.7 L/yr - ₹9.1 L/yr

arrow icon 27% less
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MM Forgings Production Manager Salary

15 - 25 years exp. (7 salaries)

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₹6 L/yr - ₹9.2 L/yr

arrow icon 18% less
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₹8 L/yr - ₹10.6 L/yr

arrow icon 5% less
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₹5.6 L/yr - ₹11.4 L/yr

arrow icon 2% less
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Electrotherm Production Manager Salary

16 - 29 years exp. (6 salaries)

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₹9.7 L/yr - ₹16 L/yr

arrow icon 39% more
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Bharat Wire Ropes Production Manager Salary

15 - 20 years exp. (5 salaries)

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₹6.7 L/yr - ₹10 L/yr

arrow icon 2% less
1 job opening
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Usha Martin Production Manager Salary

9 - 20 years exp. (5 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 19% more
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₹4.2 L/yr - ₹15 L/yr

arrow icon 9% more
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Jai Balaji Group Production Manager Salary

9 - 27 years exp. (4 salaries)

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₹5 L/yr - ₹11.1 L/yr

arrow icon 22% less
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MSP Steel & Power Production Manager Salary

8 - 15 years exp. (4 salaries)

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₹6.2 L/yr - ₹15.3 L/yr

arrow icon 15% more
1 job opening
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ISMT Production Manager Salary

13 - 21 years exp. (4 salaries)

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₹8.1 L/yr - ₹9.5 L/yr

arrow icon 5% less
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Bmm Ispat Production Manager Salary

14 - 18 years exp. (3 salaries)

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₹8.4 L/yr - ₹10.1 L/yr

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NELCAST Production Manager Salary

13 - 22 years exp. (3 salaries)

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₹6 L/yr - ₹8.1 L/yr

arrow icon 29% less
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Mukand Limited Production Manager Salary

12 - 30 years exp. (3 salaries)

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₹7 L/yr - ₹8.7 L/yr

arrow icon 20% less
Production Manager salary at Modern Steels ranges between ₹7.8 Lakhs to ₹13.5 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels.

Latest annual salaries shared by Modern Steels Production Manager

1y ago
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15 years exp.
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14 years exp.
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13 years exp.
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12 years exp.

Experience wise Modern Steels Production Manager salaries

Last Updated: 31 Mar 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
14 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.6 L/yr
15+ years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹13.5 L/yr

Similar Designation salaries in Modern Steels

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₹1 L/yr - ₹4.05 L/yr
Production Incharge Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
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₹2.4 L/yr - ₹3.2 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Production Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹3.25 L/yr - ₹7 L/yr
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₹1.5 L/yr - ₹2.6 L/yr
Supervisor Salary
(4 salaries)
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₹1.4 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹4.5 L/yr

Salary related reviews for Modern Steels

Procurement & Supply Chain Department

2.0
  •  posted on 05 Sep 2018

1.0
 for  Salary and Benefits

Likes

Working in Modern Steels, you will find job security, healthy team environment and fine balance between work and life.

  • Job security - Good
  • +1 more

Dislikes

Compensation if good only for higher designations and terrible for middle and lower designations. No on job training, extremely low increments, no career growth.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Modern Steels Production Manager Salary FAQs

What is the salary of Production Manager at Modern Steels ?
The average salary of a Production Manager at Modern Steels in India typically ranges from ₹7.8 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Production Manager at Modern Steels earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Production Manager Salaries at Modern Steels 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 Steels employees in India.
What is the estimated take home salary of a Production Manager at Modern Steels in India?
The estimated take-home salary of a Production Manager at Modern Steels in India typically ranges from ₹68,723 to ₹70,487 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 12 years to 15 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 Steels. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Modern Steels for Production Manager in India?
Electrotherm ₹9.7 Lakhs to ₹16.0 Lakhs per year
Usha Martin ₹5.0 Lakhs to ₹14.0 Lakhs per year
MSP Steel & Power ₹6.2 Lakhs to ₹15.3 Lakhs per year
Indian Metals & Ferro Alloys ₹4.2 Lakhs to ₹15.0 Lakhs per year

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

Jayaswal Neco Industries ₹5.6 Lakhs to ₹11.4 Lakhs per year
Bharat Wire Ropes ₹6.7 Lakhs to ₹10.0 Lakhs per year
Bmm Ispat ₹8.4 Lakhs to ₹10.1 Lakhs per year
Kirloskar Ferrous Industries ₹8.0 Lakhs to ₹10.6 Lakhs per year
ISMT ₹8.1 Lakhs to ₹9.5 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 Production Manager at Modern Steels in India?
The salary growth for a Production Manager at Modern Steels depends on factors such as experience, performance, and promotions. On average, a Production Manager can expect the following growth trajectory at Modern Steels:

Experience Average Salary Range
12 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
13 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
14 years ₹9.0 Lakhs to ₹11.6 Lakhs per year
15 years ₹10.6 Lakhs to ₹13.5 Lakhs per year
and so on.

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Modern Steels Production Manager salary in India ranges between ₹7.8 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Modern Steels latest salaries received from various employees of Modern Steels.