Modern Steels Purchase Engineer Salaries by Employees (Updated 2024)

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₹2.7 Lakhs - ₹3.5 Lakhs

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Last Updated: 12 Mar 2023

Companies similar to Modern Steels for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Electrotherm Purchase Engineer Salary 1 - 10 years exp. (17 salaries)	₹2.6 L/yr - ₹5.4 L/yr 43% more
Ratnamani Metals and Tubes Purchase Engineer Salary 0 - 8 years exp. (12 salaries)	₹2.7 L/yr - ₹6 L/yr 38% more
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Bmm Ispat Purchase Engineer Salary 0 - 4 years exp. (8 salaries)	₹2.6 L/yr - ₹4.2 L/yr 11% more
Bharat Wire Ropes Purchase Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹4.2 L/yr 8% less
Kalyani Forge Purchase Engineer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 20% less
MM Forgings Purchase Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹5.4 L/yr 45% more
APL Apollo Tubes Purchase Engineer Salary 4 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹7.2 L/yr 79% more
Jai Balaji Group Purchase Engineer Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 11% more
ISMT Purchase Engineer Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹4.2 L/yr 21% more

Purchase Engineer salary at Modern Steels ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Modern Steels.

Similar Designation salaries in Modern Steels

Senior Engineer Salary

(9 salaries)

₹3.25 L/yr - ₹7 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹2.6 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Salary related reviews for Modern Steels

Senior Executive Materials

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.

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.

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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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Modern Steels Purchase Engineer Salaries

Modern Steels Purchase Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Modern Steels.

Modern Steels Purchase Engineer salaries in India

Companies similar to Modern Steels for Purchase Engineer

Similar Designation salaries in Modern Steels

Salary related reviews for Modern Steels

Senior Executive Materials

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