Sumip Composites Procurement Manager Salaries by 4 Employees (Updated 2025)

17 - 21 years exp.

₹7 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% less than the average Procurement Manager Salary in Industrial Machinery Companies for 17 - 21 years of experience

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Last Updated: 2 Jan 2025

Companies similar to Sumip Composites for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
KHD Humboldt Wedag Procurement Manager Salary 9 - 17 years exp. (7 salaries)	₹9.2 L/yr - ₹17 L/yr 34% more
Mtandt Procurement Manager Salary 14 - 15 years exp. (3 salaries)	₹4.6 L/yr - ₹12 L/yr 2% less
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Mitsubishi Heavy Industries Procurement Manager Salary 18 - 20 years exp. (3 salaries)	₹34.3 L/yr - ₹39.6 L/yr 276% more
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (127 salaries)	₹6 L/yr - ₹21 L/yr 40% more
Dunzo Procurement Manager Salary 1 - 10 years exp. (104 salaries)	₹3.5 L/yr - ₹7 L/yr 46% less

Procurement Manager salary at Sumip Composites ranges between ₹7 Lakhs to ₹11 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 Sumip Composites.

Experience wise Sumip Composites Procurement Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹7 L/yr - ₹11 L/yr
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Similar Designation salaries in Sumip Composites

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Manager Purchase & Stores Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Store Supervisor Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Supply Chain Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Executive Commercial Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Manager Procurement Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Commercial Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Junior Purchase Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

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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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Sumip Composites Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Sumip Composites ?

The average salary of a Procurement Manager at Sumip Composites in India typically ranges from ₹7.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 17 years to 21 years).

The top 10% of Procurement Manager at Sumip Composites earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Procurement Manager Salaries at Sumip Composites 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 Sumip Composites employees in India.

What is the estimated take home salary of a Procurement Manager at Sumip Composites in India?

The estimated take-home salary of a Procurement Manager at Sumip Composites in India typically ranges from ₹70,533 to ₹72,347 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.0 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 Sumip Composites. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sumip Composites for Procurement Manager in India?

Mitsubishi Heavy Industries	₹34.3 Lakhs to ₹39.6 Lakhs per year
Reliance Industries	₹6.0 Lakhs to ₹21.0 Lakhs per year
KHD Humboldt Wedag	₹9.2 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Procurement Manager in companies similar to Sumip Composites in India?

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

Mtandt	₹4.6 Lakhs to ₹12.0 Lakhs per year
Dunzo	₹3.5 Lakhs to ₹7.0 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 Procurement Manager at Sumip Composites in India?

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

Experience	Average Salary Range
15 years	₹7.0 Lakhs to ₹11.0 Lakhs per year

and so on.

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Sumip Composites Procurement Manager Salaries

Sumip Composites Procurement Manager salary in India ranges between ₹7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sumip Composites latest salaries received from various employees of Sumip Composites.