MSP Steel & Power Manager Salaries by 10+ Employees (Updated 2025)

9 - 20 years exp.

₹4.7 Lakhs - ₹13.3 Lakhs

Salary of majority employees

Fixed (76%)

₹7.2 Lakhs

Variable (24%)

₹2.2 Lakhs

42% less than the average Manager Salary in Iron & Steel Companies for 9 - 20 years of experience

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Salaries in different departments

Marketing & Communication Manager Salary 11 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr
Production, Manufacturing & Engineering Manager Salary 12 - 16 years exp. (4 salaries)	₹7.1 L/yr - ₹11 L/yr
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Procurement & Supply Chain Manager Salary 9 - 11 years exp. (3 salaries)	₹5.1 L/yr - ₹9.9 L/yr

Last Updated: 3 Oct 2024

Companies similar to MSP Steel & Power for Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Manager Salary 0 - 20 years exp. (1.6k salaries)	₹6 L/yr - ₹20.6 L/yr 48% more	1 job opening
JSW Steel Manager Salary 7 - 19 years exp. (1.1k salaries)	₹7 L/yr - ₹22.5 L/yr 51% more	2 job openings
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Steel Authority Of India Manager Salary 8 - 13 years exp. (122 salaries)	₹10 L/yr - ₹30.4 L/yr 146% more
Jindal Steel and Power Manager Salary 11 - 22 years exp. (616 salaries)	₹7.6 L/yr - ₹24.2 L/yr 76% more
Vedanta Resources Manager Salary 7 - 17 years exp. (74 salaries)	₹13 L/yr - ₹41 L/yr 211% more
ArcelorMittal Nippon Steel Manager Salary 10 - 19 years exp. (527 salaries)	₹6 L/yr - ₹21 L/yr 48% more
Bhushan Power & Steel Manager Salary 11 - 20 years exp. (79 salaries)	₹5.8 L/yr - ₹18.5 L/yr 34% more
Vizag Steel Manager Salary 9 - 14 years exp. (58 salaries)	₹12 L/yr - ₹26 L/yr 122% more
Monnet Group Manager Salary 11 - 22 years exp. (7 salaries)	₹6.2 L/yr - ₹11.5 L/yr 7% less
Jindal Stainless Manager Salary 8 - 20 years exp. (411 salaries)	₹7.2 L/yr - ₹23.2 L/yr 55% more	8 job openings
Jindal Saw Manager Salary 12 - 19 years exp. (134 salaries)	₹8.2 L/yr - ₹19.6 L/yr 46% more
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ESL Steel Manager Salary 13 - 20 years exp. (54 salaries)	₹9.5 L/yr - ₹30.5 L/yr 132% more
Jayaswal Neco Industries Manager Salary 10 - 17 years exp. (52 salaries)	₹6 L/yr - ₹16.2 L/yr 10% more
Jai Balaji Group Manager Salary 6 - 22 years exp. (40 salaries)	₹4.4 L/yr - ₹14 L/yr 1% less
APL Apollo Tubes Manager Salary 8 - 21 years exp. (38 salaries)	₹6.2 L/yr - ₹15 L/yr 19% more
Godawari Power & Ispat Manager Salary 12 - 19 years exp. (28 salaries)	₹5.3 L/yr - ₹18 L/yr 10% more
Electrotherm Manager Salary 12 - 21 years exp. (33 salaries)	₹8.3 L/yr - ₹20 L/yr 35% more
Kirloskar Ferrous Industries Manager Salary 9 - 19 years exp. (29 salaries)	₹6.7 L/yr - ₹14 L/yr 4% more
Mukand Limited Manager Salary 6 - 20 years exp. (23 salaries)	₹8.6 L/yr - ₹17.9 L/yr 51% more
Usha Martin Manager Salary 9 - 28 years exp. (21 salaries)	₹9.5 L/yr - ₹13.3 L/yr 26% more

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Manager salary at MSP Steel & Power ranges between ₹4.7 Lakhs to ₹13.3 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 16 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Manager salaries

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14.9 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹15.3 L/yr
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11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹16.7 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹11 L/yr
15+ years (4 salaries)	₹7.5 L/yr - ₹13.3 L/yr

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Similar Designation salaries in MSP Steel & Power

Deputy Manager Salary

(38 salaries)

₹5.2 L/yr - ₹13 L/yr

Deputy General Manager Salary

(5 salaries)

₹16.6 L/yr - ₹25 L/yr

Top skills at MSP Steel & Power for Manager

Plant Maintenance Learning and Development Mechanical Maintenance Preventive Maintenance Maintenance Planning

Salary related reviews for MSP Steel & Power

4.1

Rated by 3 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 -Shift In Charge in Raigarh

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 27 Feb 2025

3.0

for Salary and Benefits

Likes

If you are a fresher, there are many things to learn from every department, all heads of all department are cooperative.

Skill development - Good

+1 more

Dislikes

Lots of politics, salary less, work 12 hrs or more, race discrimination little bit is there but better to ignore and focus on work, get a good opportunity and run out from there.

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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MSP Steel & Power Manager Salary FAQs

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

Manager salary at MSP Steel & Power in India ranges between ₹4.7 Lakhs to ₹13.3 Lakhs for experience between 9 years to 20 years. According to our estimates it is 42% less than the average Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of MSP Steel & Power India.

How does the salary of a Manager at MSP Steel & Power India compare with the average salary range for this job?

The average salary of a Manager at MSP Steel & Power is 42% less than the average salary of a Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at MSP Steel & Power?

Plant Maintenance, Learning and Development, Mechanical Maintenance, Preventive Maintenance and Maintenance Planning are some of the popular skills required to work as a Manager at MSP Steel & Power India.

Which similar companies are paying more than MSP Steel & Power to a Manager in India?

Vedanta Resources Manager Salary - ₹13.0 Lakhs to ₹41.0 Lakhs per year
Steel Authority Of India Manager Salary - ₹10.0 Lakhs to ₹30.4 Lakhs per year
ESL Steel Manager Salary - ₹9.5 Lakhs to ₹30.5 Lakhs per year
Vizag Steel Manager Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year
Jindal Steel and Power Manager Salary - ₹7.6 Lakhs to ₹24.2 Lakhs per year

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

Tata Metaliks Manager Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
Jindal Stainless Manager Salary - ₹7.2 Lakhs to ₹23.2 Lakhs per year
Indian Metals & Ferro Alloys Manager Salary - ₹10.6 Lakhs to ₹18.0 Lakhs per year
JSW Steel Manager Salary - ₹7.0 Lakhs to ₹22.5 Lakhs per year
Mukand Limited Manager Salary - ₹8.6 Lakhs to ₹17.9 Lakhs per year

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

The estimated take-home salary of a Manager at MSP Steel & Power ranges between ₹68,334 per month to ₹70,087 per month in India. The take-home salary calculation is based on the average MSP Steel & Power Manager salary in India which ranges between ₹4.7 Lakhs to ₹13.3 Lakhs per year for employees with experience between 9 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Manager at MSP Steel & Power?

According to AmbitionBox, 60% of the MSP Steel & Power Managers reported a notice period of 1 Month, 13% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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MSP Steel & Power Manager Salaries

MSP Steel & Power Manager salary in India ranges between ₹4.7 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.