Team Ferro Alloys Purchase Manager Salaries by 6 Employees (Updated 2025)

8 - 16 years exp.

₹4.8 Lakhs - ₹7.5 Lakhs

Salary of majority employees

45% less than the average Purchase Manager Salary in Metals & Mining Companies for 8 - 16 years of experience

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Salaries in different departments

Procurement & Supply Chain Purchase Manager Salary 12 - 16 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr
Production, Manufacturing & Engineering Purchase Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Construction & Site Engineering Purchase Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 2 Jan 2025

Companies similar to Team Ferro Alloys for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Enco Engineers Combine Purchase Manager Salary 9 - 13 years exp. (5 salaries)	₹11.2 L/yr - ₹14.3 L/yr 106% more
Indorama Purchase Manager Salary 9 - 18 years exp. (4 salaries)	₹12.8 L/yr - ₹14.6 L/yr 124% more
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R.K. Group Purchase Manager Salary 6 - 18 years exp. (4 salaries)	₹3.4 L/yr - ₹8.5 L/yr 22% less
Epitome Components Purchase Manager Salary 18 - 28 years exp. (3 salaries)	₹5.5 L/yr - ₹6.6 L/yr 3% more
African Industries Purchase Manager Salary 9 - 13 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 158% more

Purchase Manager salary at Team Ferro Alloys ranges between ₹4.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Team Ferro Alloys.

Experience wise Team Ferro Alloys Purchase Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.9 L/yr
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10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
15+ years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Team Ferro Alloys

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for Team Ferro Alloys

4.0

Rated by 1 employees for salary & benefits

Manager- Purchase Stores & Logistics (working remotely)

Full Time

Procurement & Supply Chain Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing good but fresher have a apportunity to learn things.

Dislikes

... coming same shall be considered half day. Very bad and harassment work culture. They don't pay as per standard

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Team Ferro Alloys Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Team Ferro Alloys ?

The average salary of a Purchase Manager at Team Ferro Alloys in India typically ranges from ₹4.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Purchase Manager at Team Ferro Alloys earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Purchase Manager Salaries at Team Ferro Alloys 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 6 Team Ferro Alloys employees in India.

What is the estimated take home salary of a Purchase Manager at Team Ferro Alloys in India?

The estimated take-home salary of a Purchase Manager at Team Ferro Alloys in India typically ranges from ₹46,104 to ₹47,197 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 8 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 6 salaries received from various employees of Team Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Team Ferro Alloys for Purchase Manager in India?

African Industries	₹14.0 Lakhs to ₹18.0 Lakhs per year
Indorama	₹12.8 Lakhs to ₹14.6 Lakhs per year
Enco Engineers Combine	₹11.2 Lakhs to ₹14.3 Lakhs per year
Epitome Components	₹5.5 Lakhs to ₹6.6 Lakhs per year

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

What is the salary of a Purchase Manager in companies similar to Team Ferro Alloys in India?

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

R.K. Group

₹3.4 Lakhs to ₹8.5 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 Team Ferro Alloys in India?

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

Experience	Average Salary Range
8 years	₹4.8 Lakhs to ₹4.8 Lakhs per year
9 years	₹4.8 Lakhs to ₹8.9 Lakhs per year
10 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
11 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Team Ferro Alloys Purchase Manager Salaries

Team Ferro Alloys Purchase Manager salary in India ranges between ₹4.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Team Ferro Alloys latest salaries received from various employees of Team Ferro Alloys.