MSP Steel & Power Deputy Manager Salaries by 30+ Employees (Updated 2025)

7 - 18 years exp.

₹5.2 Lakhs - ₹10.3 Lakhs

Salary of majority employees

Fixed (82%)

₹6 Lakhs

Variable (18%)

₹1.3 Lakh

25% less than the average Deputy Manager Salary in Iron & Steel Companies for 7 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Deputy Manager Salary 8 - 16 years exp. (17 salaries)	₹6.5 L/yr - ₹10.3 L/yr
Finance & Accounting Deputy Manager Salary 8 - 18 years exp. (5 salaries)	₹6 L/yr - ₹7.3 L/yr
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Customer Success, Service & Operations Deputy Manager Salary 7 - 9 years exp. (3 salaries)	₹6.7 L/yr - ₹7.5 L/yr
Quality Assurance Deputy Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.5 L/yr
Environment Health & Safety Deputy Manager Salary 7 - 11 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹10.2 L/yr

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Last Updated: 8 Mar 2025

Companies similar to MSP Steel & Power for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
JSW Steel Deputy Manager Salary 3 - 18 years exp. (1.7k salaries)	₹5.6 L/yr - ₹20 L/yr 58% more	2 job openings
Jindal Saw Deputy Manager Salary 9 - 19 years exp. (250 salaries)	₹6.5 L/yr - ₹17 L/yr 51% more
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Tata Steel Deputy Manager Salary 1 - 19 years exp. (215 salaries)	₹5.9 L/yr - ₹17.6 L/yr 40% more
Kirloskar Ferrous Industries Deputy Manager Salary 6 - 16 years exp. (116 salaries)	₹4.3 L/yr - ₹10.2 L/yr 1% less
Steel Authority Of India Deputy Manager Salary 4 - 10 years exp. (62 salaries)	₹10 L/yr - ₹25 L/yr 157% more
ESL Steel Deputy Manager Salary 12 - 18 years exp. (58 salaries)	₹7.8 L/yr - ₹21.7 L/yr 130% more
Vizag Steel Deputy Manager Salary 5 - 9 years exp. (58 salaries)	₹10 L/yr - ₹20 L/yr 114% more
Bmm Ispat Deputy Manager Salary 11 - 17 years exp. (53 salaries)	₹6.9 L/yr - ₹13.5 L/yr 34% more
Electrotherm Deputy Manager Salary 11 - 15 years exp. (47 salaries)	₹6.9 L/yr - ₹15 L/yr 54% more
Usha Martin Deputy Manager Salary 6 - 18 years exp. (45 salaries)	₹6.3 L/yr - ₹12.5 L/yr 37% more
VISA Steel Deputy Manager Salary 4 - 18 years exp. (43 salaries)	₹6 L/yr - ₹10.4 L/yr 17% more
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Aarti Steels Deputy Manager Salary 6 - 18 years exp. (40 salaries)	₹5.1 L/yr - ₹9.6 L/yr 6% more
Mukand Limited Deputy Manager Salary 8 - 17 years exp. (37 salaries)	₹8.7 L/yr - ₹16 L/yr 56% more
APL Apollo Tubes Deputy Manager Salary 6 - 17 years exp. (50 salaries)	₹6 L/yr - ₹12.5 L/yr 30% more
Jayaswal Neco Industries Deputy Manager Salary 5 - 16 years exp. (31 salaries)	₹5.5 L/yr - ₹12.5 L/yr 25% more
Sarda Energy & Minerals Deputy Manager Salary 10 - 15 years exp. (22 salaries)	₹6 L/yr - ₹11.5 L/yr 21% more
Godawari Power & Ispat Deputy Manager Salary 10 - 16 years exp. (21 salaries)	₹3.4 L/yr - ₹12 L/yr 4% less
Ratnamani Metals and Tubes Deputy Manager Salary 10 - 22 years exp. (17 salaries)	₹8.1 L/yr - ₹12.2 L/yr 54% more
Jai Balaji Group Deputy Manager Salary 10 - 19 years exp. (17 salaries)	₹4.8 L/yr - ₹10.8 L/yr 8% more
Jindal Stainless Deputy Manager Salary 6 - 14 years exp. (11 salaries)	₹7 L/yr - ₹14 L/yr 52% more

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Deputy Manager salary at MSP Steel & Power ranges between ₹5.2 Lakhs to ₹10.3 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 36 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Deputy Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹12.6 L/yr
8 years (3 salaries)	₹6 L/yr - ₹12.7 L/yr
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9 years (4 salaries)	₹6 L/yr - ₹8.7 L/yr
10 years (4 salaries)	₹6 L/yr - ₹10.3 L/yr
11 years (6 salaries)	₹6 L/yr - ₹10.2 L/yr
12 years (3 salaries)	₹7.3 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.2 L/yr
14 years (3 salaries)	₹6.6 L/yr - ₹9.6 L/yr
15+ years (10 salaries)	₹5.2 L/yr - ₹10 L/yr

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Similar Designation salaries in MSP Steel & Power

Team Manager Salary

(AmbitionBox Estimate)

₹7.8 L/yr - ₹10 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹9.8 L/yr - ₹12.5 L/yr

Project Manager Salary

(3 salaries)

₹10.9 L/yr - ₹15.5 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for MSP Steel & Power

4.2

Rated by 10 employees for salary & benefits

Assistant Engineer - Civil in Raigarh

Full Time

Other Department

2.0

• posted on 27 Nov 2023

2.0

for Salary and Benefits

Likes

.timely payment of salary

Job security - Good

Dislikes

...astructure for civil Department with lack of resources and improper management. the basic pay comes on month start and the variable pay comes on month end which is not shown in pay slip

Salary - Poor

+2 more

Assistant Engineer in Raigarh

Production, Manufacturing & Engineering Department

4.0

• posted on 28 May 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Skill development - Good

+2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

Junior Accounts Officer in Kolkata

Finance & Accounting Department

4.0

• posted on 24 Jun 2019

5.0

for Salary and Benefits

Likes

Good infrastructure and technology, Good and friendly atmosphere for working and employees can get good benefit thru working with this company.

Salary - Excellent

+6 more

Dislikes

Some irritating teammates, lack of professional training, not so good hike in salary.

Assistant Engineer in Raigarh

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 25 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

People are rude especially all the managers they treated you like slave or worse than that. There is no increment and no health benefits which is the worst one. Every year accident happen and company won't give a penny. All the managers are corrupt and canteen service is like hell they take money for each meal around Rs.55 we complain many times but they won't take any action. This company is run by apprentice students and the funny part is apprentice do overtime and you won't get any help from your managers. Especially in my case my HOD won't give confirmation and it almost 1.5 months and he don't give a shit about you. Very unprofessional person his behaviour is so bad and he don't motivate you rather than loose your confidence of doing work. Please think twice before join this company. This company is all about showoff.

Salary - Bad

+6 more

Deputy General Manager Human Resource And Administration in Kolkata

Full Time

Human Resources Department

1.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Location of the Office

Dislikes

The 5* reviews are all misleading. Anyone being offered please do verify with the existing position holder or the departed employees. This will give a clear understanding of the working style, culture of the company. There are many old employees who do not allow new comers to settle down. They treat new comers as if they own the company. Mgt must look into it. Else people will come and go.

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MSP Steel & Power Deputy Manager Salary FAQs

What is the salary of Deputy Manager at MSP Steel & Power ?

The average salary of a Deputy Manager at MSP Steel & Power in India typically ranges from ₹5.2 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Deputy Manager at MSP Steel & Power earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Deputy Manager Salaries at MSP Steel & Power 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 30+ MSP Steel & Power employees in India.

What is the estimated take home salary of a Deputy Manager at MSP Steel & Power in India?

The estimated take-home salary of a Deputy Manager at MSP Steel & Power in India typically ranges from ₹54,302 to ₹55,658 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 7 years to 18 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 30+ salaries received from various employees of MSP Steel & Power. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MSP Steel & Power for Deputy Manager in India?

Steel Authority Of India	₹10.0 Lakhs to ₹25.0 Lakhs per year
ESL Steel	₹7.8 Lakhs to ₹21.7 Lakhs per year
Vizag Steel	₹10.0 Lakhs to ₹20.0 Lakhs per year
India Steel Works	₹9.0 Lakhs to ₹13.5 Lakhs per year
JSW Steel	₹5.6 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Deputy Manager in companies similar to MSP Steel & Power in India?

The salary of a Deputy Manager at companies similar to MSP Steel & Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mukand Limited	₹8.7 Lakhs to ₹16.0 Lakhs per year
Ratnamani Metals and Tubes	₹8.1 Lakhs to ₹12.2 Lakhs per year
Electrotherm	₹6.9 Lakhs to ₹15.0 Lakhs per year
Jindal Stainless	₹7.0 Lakhs to ₹14.0 Lakhs per year
Jindal Saw	₹6.5 Lakhs to ₹17.0 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 Deputy Manager at MSP Steel & Power in India?

The salary growth for a Deputy Manager at MSP Steel & Power depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at MSP Steel & Power:

Experience	Average Salary Range
7 years	₹6.3 Lakhs to ₹12.6 Lakhs per year
8 years	₹6.0 Lakhs to ₹12.7 Lakhs per year
9 years	₹6.0 Lakhs to ₹8.7 Lakhs per year
10 years	₹6.0 Lakhs to ₹10.3 Lakhs per year

and so on.

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MSP Steel & Power Deputy Manager Salaries

MSP Steel & Power Deputy Manager salary in India ranges between ₹5.2 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.