NewSpace Research and Technologies Purchase Executive Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹3.2 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Purchase Executive Salary for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Purchase Executive Salary 1 year exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr
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Procurement & Supply Chain Purchase Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 29 Mar 2025

Companies similar to NewSpace Research and Technologies for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Patil Group Purchase Executive Salary 3 - 7 years exp. (8 salaries)	₹2.2 L/yr - ₹4.8 L/yr 6% less
Chandan Steel Purchase Executive Salary 4 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹6.5 L/yr 54% more
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Marelli Motherson Automotive Lighting Purchase Executive Salary 2 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹5.4 L/yr 18% more
Magneti Marelli Motherson Auto System Purchase Executive Salary 1 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 11% less
Mogli labs Purchase Executive Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 7% less
Hi-Tech Purchase Executive Salary 1 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 6% more
Recipharm Pharmaservices Purchase Executive Salary 0 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 19% more

Purchase Executive salary at NewSpace Research and Technologies ranges between ₹3.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of NewSpace Research and Technologies.

Experience wise NewSpace Research and Technologies Purchase Executive salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in NewSpace Research and Technologies

Senior Engineer Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for NewSpace Research and Technologies

Design Engineer II in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 17 Jan 2025

3.0

for Salary and Benefits

Likes

Mostly it is balanced work life with very good leads. Decision making for fund release is a critical aspect.

Skill development - Good

+3 more

Dislikes

HR policies are of lamen type You won't have joining bonus, relocation allowances, everything you have to bear on your own. Only one work from office per month is allowed

Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 May 2023

1.0

for Salary and Benefits

Likes

...d everything. NewSpace is a bubble just waiting to burst just like a Team Indus. No training whatsoever for skill improvement, don't pay salary on time, have gone for almost 3months without pay. Last year arrears are still not paid. HR keep giving increment to themselves. Aerospace systems is just selling the dream without knowhow of how to execute.

Dislikes

It's a bubble just waiting to be burst. No respect to the employees, manager shouting on teammates on the floor. HR ignoring employees and forget them after hiring. They don't give relieving letter event after weeks of leaving. They don't pay your pf and tax that is deducted from your salary.

Salary - Bad

+5 more

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

1.0

• posted on 22 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing, if you want to take classes on Corporate Politics then you should join, HR are goons. There's is no bond for employees which is good but as you join on the first day they Will ask you to sign a paper where they list out all the existing company in the india and say these are competitor company and you can't join them. So that dirty game they play and force you to sign that contract. So please don't join the company.

Dislikes

Promotion they give to there favourite employee, same for salary increment. It will be helpful in learning how to S.ck. if you want to learn

Salary - Bad

+6 more

Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

The projects we get to work on are interesting.

Dislikes

The company culture is poor, there are no events conducted by the company. No incentives given to the employees. The appraisal process is delayed. The appraisal percentage is very less even after getting good performance review.

Salary - Bad

+5 more

Project Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

1.0

• posted on 22 Feb 2025

1.0

for Salary and Benefits

Likes

For sure nothng

Dislikes

Work life balance is 0 Unethical Management Unethical HR This is serious they make u sign Contracts so employees can't go anywhere 100% Nepotism, Favouritism Salary increment to those category mentioned above Seriously Writing based on my and many experience

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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NewSpace Research and Technologies Purchase Executive Salary FAQs

What is the salary of Purchase Executive at NewSpace Research and Technologies ?

The average salary of a Purchase Executive at NewSpace Research and Technologies in India typically ranges from ₹3.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Purchase Executive at NewSpace Research and Technologies earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Purchase Executive Salaries at NewSpace Research and Technologies 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 NewSpace Research and Technologies employees in India.

What is the estimated take home salary of a Purchase Executive at NewSpace Research and Technologies in India?

The estimated take-home salary of a Purchase Executive at NewSpace Research and Technologies in India typically ranges from ₹23,860 to ₹25,315 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 NewSpace Research and Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NewSpace Research and Technologies for Purchase Executive in India?

Chandan Steel	₹2.5 Lakhs to ₹6.5 Lakhs per year
Recipharm Pharmaservices	₹3.5 Lakhs to ₹4.8 Lakhs per year
Marelli Motherson Automotive Lighting	₹3.5 Lakhs to ₹5.4 Lakhs per year
Hi-Tech	₹3.2 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NewSpace Research and Technologies, depending on the role and experience level.

What is the salary of a Purchase Executive in companies similar to NewSpace Research and Technologies in India?

The salary of a Purchase Executive at companies similar to NewSpace Research and Technologies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Patil Group	₹2.2 Lakhs to ₹4.8 Lakhs per year
Mogli labs	₹2.0 Lakhs to ₹4.0 Lakhs per year
Magneti Marelli Motherson Auto System	₹2.9 Lakhs to ₹3.1 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 Purchase Executive at NewSpace Research and Technologies in India?

The salary growth for a Purchase Executive at NewSpace Research and Technologies depends on factors such as experience, performance, and promotions. On average, a Purchase Executive can expect the following growth trajectory at NewSpace Research and Technologies:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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NewSpace Research and Technologies Purchase Executive Salaries

NewSpace Research and Technologies Purchase Executive salary in India ranges between ₹3.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NewSpace Research and Technologies latest salaries received from various employees of NewSpace Research and Technologies.