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

17 - 21 years exp.

₹14 Lakhs - ₹18.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (94%)

₹15.4 Lakhs

Variable (6%)

₹0.9 Lakh

48% more than the average Purchase Manager Salary in Industrial Machinery Companies for 17 - 21 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Stovec Industries for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Purchase Manager Salary 16 - 18 years exp. (4 salaries)	₹14.7 L/yr - ₹17.6 L/yr At par
Thermax Limited Purchase Manager Salary 12 - 21 years exp. (11 salaries)	₹9 L/yr - ₹25 L/yr 6% less
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Voltas Purchase Manager Salary 13 - 21 years exp. (9 salaries)	₹10.5 L/yr - ₹19 L/yr 15% less
BHEL Purchase Manager Salary 11 - 14 years exp. (3 salaries)	₹19 L/yr - ₹28 L/yr 47% more
Siemens Purchase Manager Salary 2 - 21 years exp. (23 salaries)	₹7.2 L/yr - ₹23.4 L/yr 16% less
Crompton Greaves Consumer Electricals Purchase Manager Salary 10 - 14 years exp. (4 salaries)	₹10.3 L/yr - ₹14 L/yr 27% less
Greaves Cotton Purchase Manager Salary 4 - 21 years exp. (9 salaries)	₹8.5 L/yr - ₹13.2 L/yr 40% less
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
Cenlub Industries Purchase Manager Salary 24 - 26 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 71% less

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
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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.

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Stovec Industries Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Stovec Industries?

Purchase Manager salary at Stovec Industries in India ranges between ₹14.0 Lakhs to ₹18.1 Lakhs for experience between 17 years to 21 years. According to our estimates it is 48% more than the average Purchase Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Stovec Industries India.

How does the salary of a Purchase Manager at Stovec Industries India compare with the average salary range for this job?

The average salary of a Purchase Manager at Stovec Industries is 48% more than the average salary of a Purchase Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Stovec Industries to a Purchase Manager in India?

BHEL Purchase Manager Salary - ₹19.0 Lakhs to ₹28.0 Lakhs per year
Kirloskar Brothers Purchase Manager Salary - ₹14.7 Lakhs to ₹17.6 Lakhs per year

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

Thermax Limited Purchase Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Voltas Purchase Manager Salary - ₹10.5 Lakhs to ₹19.0 Lakhs per year
Siemens Purchase Manager Salary - ₹7.2 Lakhs to ₹23.4 Lakhs per year
UNI Klinger Purchase Manager Salary - ₹12.0 Lakhs to ₹14.5 Lakhs per year
Crompton Greaves Consumer Electricals Purchase Manager Salary - ₹10.3 Lakhs to ₹14.0 Lakhs per year

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 ranges between ₹1,11,259 per month to ₹1,14,344 per month in India. The take-home salary calculation is based on the average Stovec Industries Purchase Manager salary in India which ranges between ₹14.0 Lakhs to ₹18.1 Lakhs per year for employees with experience between 17 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Purchase Manager at Stovec Industries?

According to AmbitionBox, 67% of the Stovec Industries Purchase Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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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.