Stovec Industries Purchase Manager Salaries by 4 Employees (Updated 2025)

17 - 21 years exp.

₹14 Lakhs - ₹18.1 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

47% more than the average Purchase Manager Salary in Industrial Machinery Companies for 17 - 21 years of experience

Interested in this particular role?

Last Updated: 13 Feb 2025

Companies similar to Stovec Industries for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Sree Metaliks Purchase Manager Salary 14 - 18 years exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 54% less
UNI Klinger Purchase Manager Salary 14 - 16 years exp. (3 salaries)	₹12 L/yr - ₹14.5 L/yr 20% less
Login to view exact salary
Cenlub Industries Purchase Manager Salary 24 - 26 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 71% less
Honda Motorcycle & Scooter Purchase Manager Salary 9 - 17 years exp. (47 salaries)	₹13.6 L/yr - ₹35 L/yr 33% more
JCB Purchase Manager Salary 12 - 17 years exp. (39 salaries)	₹12.7 L/yr - ₹27 L/yr 27% more

Purchase Manager salary at Stovec Industries ranges between ₹14 Lakhs to ₹18.1 Lakhs per year for employees with experience between 17 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Stovec Industries.

Experience wise Stovec Industries Purchase Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹14 L/yr - ₹18.1 L/yr
Login to view exact salary

Similar Designation salaries in Stovec Industries

Commercial Manager Salary

(3 salaries)

₹10 L/yr - ₹11 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Purchase Executive Salary

(5 salaries)

₹5.55 L/yr - ₹8 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for Stovec Industries

3.0

Rated by 1 employees for salary & benefits

Executive in Ahmedabad

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

The company is very innovative.This is my good fortune that I am a part of the SPG team as market reliable & high quality products. I have worked here in production department,Q.C.department & in logistics with creating a new remarkable achievement's.

Salary - Good

+6 more

Dislikes

... value an individual or it's part of his job to stretch more his subordinates. Compensation is good but growth is very slow.Appreciations will come through the year, but it isn't visible in appraisal.

Senior Design Engineer in Ahmedabad

Full Time

Research & Development Department

4.0

• posted on 04 Aug 2018

4.0

for Salary and Benefits

Likes

The company started from 1967 is one of the leaders in textile printing arena. The products are designed to Carter the tier-2 and tier-3 level customers in India and abroad. The company has adiversified portfolio, and has a considerbly consistent growth since inception. Run by an Indian management which believes in humanity first, so job security comes first. A company with minimum attrition rate. One can secure a good paying job with considerable work life balance, with a calm working atmosphere. As number of employees are less, so is office politics.

Salary - Good

+2 more

Dislikes

The company has seen many up and down in all these years. The products seems to be outdated and requires major overhaul considering today's trends and competitive market. The value addition in products considering the years the company has been in the market is poor. I feel you can join this organisation after the age of 35, when your liabilities push you to work than your job satisfaction. You can peacefully retire here dishing out the same repeative work over all the years.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Stovec Industries?

Ask anonymously on communities.

Stovec Industries Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Stovec Industries ?

The average salary of a Purchase Manager at Stovec Industries in India typically ranges from ₹14.0 Lakhs to ₹18.1 Lakhs per year, depending on experience (from 17 years to 21 years).

The top 10% of Purchase Manager at Stovec Industries earn more than ₹18.1 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Purchase Manager Salaries at Stovec 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 Stovec Industries employees in India.

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

The estimated take-home salary of a Purchase Manager at Stovec Industries in India typically ranges from ₹1,11,259 to ₹1,14,344 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹18.1 Lakhs per year for employees with experience ranging from 17 years to 21 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 Stovec Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Honda Motorcycle & Scooter	₹13.6 Lakhs to ₹35.0 Lakhs per year
JCB	₹12.7 Lakhs to ₹27.0 Lakhs per year

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

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

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

UNI Klinger	₹12.0 Lakhs to ₹14.5 Lakhs per year
Sree Metaliks	₹7.0 Lakhs to ₹8.5 Lakhs per year
Cenlub Industries	₹4.3 Lakhs to ₹5.5 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 Stovec Industries in India?

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

Experience	Average Salary Range
15 years	₹14.0 Lakhs to ₹18.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Stovec Industries Salaries >
Stovec Industries Purchase Manager Salaries

Stovec Industries Purchase Manager salary in India ranges between ₹14 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Stovec Industries latest salaries received from various employees of Stovec Industries.