Shyam Steel Industries Purchase Manager Salaries by 4 Employees

6 - 16 years exp.

₹6 Lakhs - ₹8 Lakhs

Salary of majority employees

38% less than the average Purchase Manager Salary in Iron & Steel Companies for 6 - 16 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Purchase Manager Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Procurement & Supply Chain Purchase Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8 L/yr

Last Updated: 18 May 2024

Companies similar to Shyam Steel Industries for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
JSW Steel Purchase Manager Salary 5 - 17 years exp. (21 salaries)	₹6.7 L/yr - ₹19.9 L/yr 65% more
Jindal Steel and Power Purchase Manager Salary 11 - 24 years exp. (20 salaries)	₹8.4 L/yr - ₹20 L/yr 112% more
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Jindal Stainless Purchase Manager Salary 12 - 16 years exp. (12 salaries)	₹10.9 L/yr - ₹18 L/yr 88% more
Jindal Industries Private Limited Purchase Manager Salary 10 - 19 years exp. (10 salaries)	₹7 L/yr - ₹12.5 L/yr 48% more
Rashmi Group Purchase Manager Salary 10 - 18 years exp. (7 salaries)	₹7.2 L/yr - ₹10.5 L/yr 21% more
SHYAM METALICS AND ENERGY Purchase Manager Salary 4 - 14 years exp. (7 salaries)	₹4 L/yr - ₹11.9 L/yr 3% less
APL Apollo Tubes Purchase Manager Salary 8 - 15 years exp. (7 salaries)	₹9.1 L/yr - ₹16 L/yr 80% more
Jai Balaji Group Purchase Manager Salary 11 - 15 years exp. (6 salaries)	₹4.5 L/yr - ₹8.5 L/yr 5% less
Rimjhim Ispat Purchase Manager Salary 9 - 14 years exp. (5 salaries)	₹3.6 L/yr - ₹12 L/yr 9% more
Electrotherm Purchase Manager Salary 12 - 17 years exp. (5 salaries)	₹8.5 L/yr - ₹14.6 L/yr 65% more
Viraj Profiles Purchase Manager Salary 0 - 25 years exp. (5 salaries)	₹10.5 L/yr - ₹16 L/yr 82% more
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Maruti Ispat And Pipes Purchase Manager Salary 12 - 23 years exp. (5 salaries)	₹11.5 L/yr - ₹12 L/yr 72% more
Jindal Saw Purchase Manager Salary 9 - 20 years exp. (5 salaries)	₹8.2 L/yr - ₹15.5 L/yr 71% more
Hospet Steels Purchase Manager Salary 10 - 27 years exp. (4 salaries)	₹8.8 L/yr - ₹12 L/yr 50% more
Vandana Global Purchase Manager Salary 13 - 16 years exp. (4 salaries)	₹8 L/yr - ₹10.6 L/yr 43% more
B5 Plus Purchase Manager Salary 8 - 16 years exp. (4 salaries)	₹8.4 L/yr - ₹15 L/yr 48% more
JSW Group Purchase Manager Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹11 L/yr 33% more
ESL Steel Purchase Manager Salary 19 - 22 years exp. (3 salaries)	₹10.8 L/yr - ₹15 L/yr 94% more
Uttam Strips Purchase Manager Salary 2 - 8 years exp. (3 salaries)	₹4 L/yr - ₹9 L/yr 17% less
Steel Authority Of India Purchase Manager Salary 8 - 11 years exp. (3 salaries)	₹15 L/yr - ₹26.5 L/yr 213% more

View all

Purchase Manager salary at Shyam Steel Industries ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Shyam Steel Industries.

Experience wise Shyam Steel Industries Purchase Manager salaries

Last Updated: 18 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
14 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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15+ years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Shyam Steel Industries

Purchase Officer Salary

(3 salaries)

₹2.8 L/yr - ₹3.3 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Commercial Manager Salary

(3 salaries)

₹7.4 L/yr - ₹13.8 L/yr

Deputy Manager Salary

(45 salaries)

₹4.45 L/yr - ₹9 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Operations Manager Salary

(3 salaries)

₹8.2 L/yr - ₹11 L/yr

Purchase Executive Salary

(13 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹22.2 L/yr - ₹28.4 L/yr

Salary related reviews for Shyam Steel Industries

Sales Officer in Bhadrak (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 20 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like. Very bad organisation.

Dislikes

...t didn't know how to talk to company officer. The management and HR is very bad. Very poor salary and accommodation zero like .

Salary - Bad

+6 more

Accounts Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Working with Shyam steel has been a great journey so far. Their salary is on time and you get payslips on time. Yearly bonus and calendar holidays.

Salary - Excellent

+2 more

Dislikes

Well since I have been working for a US market I think we should get the US holidays

Marketing Manager in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 06 Dec 2024

3.0

for Salary and Benefits

Likes

Timely Salary, Job security in Project Division, Yearly increment,Nice place to learn, No target in Project Marketing Division

Job security - Good

+1 more

Dislikes

Didn't have any concept of promotion, Senior will involve you in unnecessary work, baisedness of management towards senior level manager

Skill development - Poor

+1 more

Deputy Talent Acquisition Manager in Kolkata

Full Time

Human Resources Department

5.0

• posted on 02 Sep 2023

5.0

for Salary and Benefits

Likes

The work life balance provided is really commendable. The supervisor never calls after office hours(if not a real emergency). No need to crib about leaves, can be availed easily. Directors are quite down to earth

Salary - Excellent

+5 more

Dislikes

... employees still work by buttering seniors. Performance management not present..appraisal is done according to salary not on individual performance. Whatever the director says is right

Interior Designer in Kolkata

Full Time

UX, Design & Architecture Department

1.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

On time Salary

Dislikes

1. Babu culture company 2. There is too gossips in the company & few top management like this. 3. Hire & Fire. Top most company for same day fire policy without no reason. 4. No HR policy. They are just like brought up Toys. 5. HRs are also not safe for fire. 6. There was one manager maned subhajit Batabyal (feku the great), No dressing sense, poor technical knowledge, great for oiling management back. 7. Poor technical Top management like" less knowledge more danger." 8. No appreciation

Skill development - Bad

+5 more

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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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Shyam Steel Industries Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Shyam Steel Industries ?

The average salary of a Purchase Manager at Shyam Steel Industries in India typically ranges from ₹6.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Purchase Manager at Shyam Steel Industries earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Purchase Manager Salaries at Shyam Steel Industries 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 Shyam Steel Industries employees in India.

What is the estimated take home salary of a Purchase Manager at Shyam Steel Industries in India?

The estimated take-home salary of a Purchase Manager at Shyam Steel Industries in India typically ranges from ₹52,625 to ₹53,865 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 6 years to 16 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 Shyam Steel Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shyam Steel Industries for Purchase Manager in India?

Steel Authority Of India	₹15.0 Lakhs to ₹26.5 Lakhs per year
Jindal Steel and Power	₹8.4 Lakhs to ₹20.0 Lakhs per year
ESL Steel	₹10.8 Lakhs to ₹15.0 Lakhs per year
Jindal Stainless	₹10.9 Lakhs to ₹18.0 Lakhs per year
ArcelorMittal Nippon Steel	₹11.8 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Purchase Manager in companies similar to Shyam Steel Industries in India?

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

Viraj Profiles	₹10.5 Lakhs to ₹16.0 Lakhs per year
APL Apollo Tubes	₹9.1 Lakhs to ₹16.0 Lakhs per year
Maruti Ispat And Pipes	₹11.5 Lakhs to ₹12.0 Lakhs per year
Jindal Saw	₹8.2 Lakhs to ₹15.5 Lakhs per year
Electrotherm	₹8.5 Lakhs to ₹14.6 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 Manager at Shyam Steel Industries in India?

The salary growth for a Purchase Manager at Shyam Steel Industries depends on factors such as experience, performance, and promotions. On average, a Purchase Manager can expect the following growth trajectory at Shyam Steel Industries:

Experience	Average Salary Range
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
14 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
15 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Shyam Steel Industries Purchase Manager Salaries

Shyam Steel Industries Purchase Manager salary in India ranges between ₹6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shyam Steel Industries latest salaries received from various employees of Shyam Steel Industries.