The Acetech Machinery Components Purchase Engineer Salaries by 4 Employees (Updated 2024)

1 - 2 years exp.

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Purchase Engineer Salary in Industrial Machinery Companies for 1 - 2 years of experience

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Salaries in different departments

Procurement & Supply Chain Purchase Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr
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Engineering - Software & QA Purchase Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 23 May 2024

Companies similar to The Acetech Machinery Components for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Purchase Engineer Salary 2 - 8 years exp. (50 salaries)	₹2 L/yr - ₹7.8 L/yr 92% more
Kirloskar Brothers Purchase Engineer Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr 2% more
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Siemens Purchase Engineer Salary 1 - 5 years exp. (19 salaries)	₹2.2 L/yr - ₹6.5 L/yr 64% more
Larsen & Toubro Limited Purchase Engineer Salary 1 - 9 years exp. (67 salaries)	₹1.8 L/yr - ₹9.7 L/yr 90% more
Cummins Purchase Engineer Salary 1 - 7 years exp. (16 salaries)	₹1.8 L/yr - ₹7.2 L/yr 84% more
ABB Group Purchase Engineer Salary 1 - 10 years exp. (33 salaries)	₹2.6 L/yr - ₹10.6 L/yr 137% more
Schneider Electric Purchase Engineer Salary 0 - 7 years exp. (21 salaries)	₹2.5 L/yr - ₹7.2 L/yr 46% more
Honeywell Automation Purchase Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4 L/yr 39% more
Accurate Engineering Company Purchase Engineer Salary 2 - 12 years exp. (9 salaries)	₹2.4 L/yr - ₹7.5 L/yr 37% more
Crane Process Flow Technologies India Purchase Engineer Salary 2 - 7 years exp. (8 salaries)	₹5.5 L/yr - ₹7 L/yr 125% more
HMT Machine Tools Purchase Engineer Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.9 L/yr 5% more
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Trelleborg Purchase Engineer Salary 2 - 12 years exp. (5 salaries)	₹4.2 L/yr - ₹7.5 L/yr 114% more
Danblock Brakes Purchase Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.8 L/yr - ₹3.5 L/yr 16% more
Bray Controls Purchase Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 14% more
Valmont Structures Purchase Engineer Salary 3 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹6.9 L/yr 110% more	1 job opening
Sparkline Equipments Purchase Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 16% more
SPX Flow Technology Purchase Engineer Salary 4 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹6.1 L/yr 117% more
DMI DRAEXLMAIER MANUFACTURING Purchase Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 12% more
ZTT India Purchase Engineer Salary 2 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 16% more

Purchase Engineer salary at The Acetech Machinery Components ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of The Acetech Machinery Components.

Experience wise The Acetech Machinery Components Purchase Engineer salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
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2 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in The Acetech Machinery Components

Purchase Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Junior Engineer Salary

(10 salaries)

₹1.8 L/yr - ₹3 L/yr

Procurement Engineer Salary

(4 salaries)

₹2.9 L/yr - ₹4.4 L/yr

Senior Engineer Salary

(15 salaries)

₹3 L/yr - ₹5.2 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

SCM Engineer Salary

(4 salaries)

₹2 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.2 L/yr - ₹10.5 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for The Acetech Machinery Components

2.0

Rated by 1 employees for salary & benefits

Head Manufacturing in Coimbatore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Dec 2023

2.0

for Salary and Benefits

Likes

Team Work Nothing like me

Dislikes

1. Management approach 2. Over systems but followed top to bottom level 3. Very stringent KPI 4. No body hear about your views 5. Work pressure and customer pressure we can Handel but external pressure or unwanted pressure they are giving, and we can't handle. 6. Poor planning in top to bottom 7. HR policy is very poor 8. Top level using words we can't hear. 9. Totally worst organization. 6.

Production Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Sep 2017

4.0

for Salary and Benefits

Likes

The company as provide a lot of scope to develop my careers in All domains.i love the fact that i am a part of a team that market reliable.high quality products and has a global customers site, I quickly develop a my skill to MNC company range and i felt to working a MNC companies

Dislikes

Roles& Responsibility has not fixation, Wages properly not distribution.Plant capacity has not freeze. Working pressure is more than employees

Maintenance Head in Coimbatore, Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 09 Nov 2022

3.0

for Salary and Benefits

Likes

Good Management with Good Managing Director caring for employees HR is improving drastically

Dislikes

Good works are not appriciated and not escalted to management. Senior level Management only finds faults and not escalating nor solving issues faced by employees.

Purchase Engineer in Coimbatore

Customer Success, Service & Operations Department

3.0

• posted on 23 Feb 2022

2.0

for Salary and Benefits

Likes

The only benefit in Acetech is job security , terrible company policies and appraisals.

Dislikes

You can learn a lot during the job but when in comes to working hours you've to be ready to work for minimim 10 hrs daily unless you're in non engineering departments.

Senior Accountant in Chennai

Finance & Accounting Department

5.0

• posted on 26 Mar 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,

Dislikes

Salary 🤣🤣 and politics.....

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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The Acetech Machinery Components Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at The Acetech Machinery Components?

Purchase Engineer salary at The Acetech Machinery Components in India ranges between ₹2.3 Lakhs to ₹3.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 29% less than the average Purchase Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of The Acetech Machinery Components India.

How does the salary of a Purchase Engineer at The Acetech Machinery Components India compare with the average salary range for this job?

The average salary of a Purchase Engineer at The Acetech Machinery Components is 29% less than the average salary of a Purchase Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than The Acetech Machinery Components to a Purchase Engineer in India?

ABB Group Purchase Engineer Salary - ₹2.6 Lakhs to ₹10.6 Lakhs per year
Crane Process Flow Technologies India Purchase Engineer Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
SPX Flow Technology Purchase Engineer Salary - ₹5.5 Lakhs to ₹6.1 Lakhs per year
Trelleborg Purchase Engineer Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Valmont Structures Purchase Engineer Salary - ₹4.5 Lakhs to ₹6.9 Lakhs per year

What is the salary of a Purchase Engineer in companies similar to The Acetech Machinery Components in India?

Thermax Limited Purchase Engineer Salary - ₹2.0 Lakhs to ₹7.8 Lakhs per year
Larsen & Toubro Limited Purchase Engineer Salary - ₹1.8 Lakhs to ₹9.7 Lakhs per year
Cummins Purchase Engineer Salary - ₹1.8 Lakhs to ₹7.2 Lakhs per year
Siemens Purchase Engineer Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Schneider Electric Purchase Engineer Salary - ₹2.5 Lakhs to ₹7.2 Lakhs per year

What is the estimated take home salary of a Purchase Engineer at The Acetech Machinery Components in India?

The estimated take-home salary of a Purchase Engineer at The Acetech Machinery Components ranges between ₹19,276 per month to ₹20,950 per month in India. The take-home salary calculation is based on the average The Acetech Machinery Components Purchase Engineer salary in India which ranges between ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Purchase Engineer at The Acetech Machinery Components?

According to AmbitionBox, 100% of the The Acetech Machinery Components Purchase Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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The Acetech Machinery Components Purchase Engineer Salaries

The Acetech Machinery Components Purchase Engineer salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Acetech Machinery Components latest salaries received from various employees of The Acetech Machinery Components.