The India Thermit Corporation Purchase Manager Salaries by 3 Employees (Updated 2024)

11 - 15 years exp.

₹10.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Purchase Manager Salary in Industrial Machinery Companies for 11 - 15 years of experience

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Last Updated: 1 Jun 2024

Companies similar to The India Thermit Corporation for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Purchase Manager Salary 5 - 16 years exp. (19 salaries)	₹8.4 L/yr - ₹24.7 L/yr 27% more
JSW Steel Purchase Manager Salary 5 - 17 years exp. (21 salaries)	₹6.7 L/yr - ₹22 L/yr At par
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Steel Authority Of India Purchase Manager Salary 8 - 10 years exp. (3 salaries)	₹15 L/yr - ₹26.5 L/yr 72% more
Vedanta Resources Purchase Manager Salary 7 - 12 years exp. (5 salaries)	₹16 L/yr - ₹20.5 L/yr 57% more
Hindalco Industries Purchase Manager Salary 11 - 18 years exp. (8 salaries)	₹11 L/yr - ₹20 L/yr 21% more
Ambuja Cements Purchase Manager Salary 21 - 31 years exp. (5 salaries)	₹9 L/yr - ₹21 L/yr 32% more
UltraTech Cement Purchase Manager Salary 11 - 20 years exp. (16 salaries)	₹11.9 L/yr - ₹18.6 L/yr 22% more
ACC Purchase Manager Salary 2 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 41% less
Grasim Industries Purchase Manager Salary 12 - 17 years exp. (12 salaries)	₹15.5 L/yr - ₹29 L/yr 93% more
Reliance Industries Purchase Manager Salary 5 - 15 years exp. (28 salaries)	₹6 L/yr - ₹12.7 L/yr 41% less
Kirloskar Pneumatic Purchase Manager Salary 9 - 20 years exp. (16 salaries)	₹8.3 L/yr - ₹13.8 L/yr 7% less
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Thermax Limited Purchase Manager Salary 12 - 21 years exp. (11 salaries)	₹9 L/yr - ₹25 L/yr 23% more
Skipper Purchase Manager Salary 12 - 21 years exp. (7 salaries)	₹5.6 L/yr - ₹7.7 L/yr 50% less
Kirloskar Oil Engines Purchase Manager Salary 5 - 25 years exp. (6 salaries)	₹3 L/yr - ₹7 L/yr 58% less
Grindwell Norton Purchase Manager Salary 15 - 20 years exp. (5 salaries)	₹9.6 L/yr - ₹18 L/yr 7% more
Isgec Heavy Engineering Purchase Manager Salary 12 - 17 years exp. (5 salaries)	₹15 L/yr - ₹17.5 L/yr 27% more
Lohia Group Purchase Manager Salary 2 - 10 years exp. (5 salaries)	₹6 L/yr - ₹7.5 L/yr 46% less
Kirloskar Brothers Purchase Manager Salary 16 - 18 years exp. (4 salaries)	₹14.7 L/yr - ₹17.6 L/yr 31% more
EMERSON PROCESS MANAGEMENT Purchase Manager Salary 10 - 14 years exp. (4 salaries)	₹9 L/yr - ₹13 L/yr 9% less
Timken Purchase Manager Salary 9 - 17 years exp. (4 salaries)	₹4.5 L/yr - ₹7.1 L/yr 50% less

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Purchase Manager salary at The India Thermit Corporation ranges between ₹10.5 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of The India Thermit Corporation.

Experience wise The India Thermit Corporation Purchase Manager salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹22 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr

Similar Designation salaries in The India Thermit Corporation

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Top skills at The India Thermit Corporation for Purchase Manager

Procurement Purchase Management Contract Negotiations Vendor Development Negotiation Material Management Sourcing Supply Chain Management Negotiation Skills

Salary related reviews for The India Thermit Corporation

2.0

Rated by 1 employees for salary & benefits

Mechanical Maintenance Engineer in Kanpur

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 May 2022

3.0

for Salary and Benefits

Likes

This is a good company to learn and there is not a such boundary set for the failure. Job security is high. Very co-operative superiors they support at every step.

Dislikes

Salary hike is not good. Working culture is low, very difficult to switch other company if you spent lot of time here. Try to learn and switch soon.

QC Engineer in Kanpur Nagar

Full Time

Quality Assurance Department

4.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

Job security is good as per work performance. Working culture is non systemetic. Management system and policies are same as per requirements.

Dislikes

Working process is average. Growth and opportunities are not good. Not provided any training for skill development.

Technician in Kanpur

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 18 Aug 2018

3.0

for Salary and Benefits

Likes

Patience is very important for every one to doing work. I am working as a maintenance fitter Another plus point is that my colleagues come from various cultural backgrounds & we work happily in collabaration

Dislikes

Here our's growth is very slow so I want to leave this comapany .the work preesure is very high.

Executive Officer in Panki Kanpur

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 29 Aug 2022

1.0

for Salary and Benefits

Likes

payment is on time

Dislikes

if you have work as any designation in this company after 10 year you thing that you have get manager post this is your wrong thing you found same designation after 10 year and salary is littile increase every year

Senior HR Executive in Fazalganj

Human Resources Department

5.0

• posted on 01 Jun 2022

5.0

for Salary and Benefits

Likes

India Thermit Corporation Limited is the best company to work with. The Management is supportive and are very good in every terms be it professionally or personally. Experienced great work life balance here. Job Security is there , Management will never give upon a candidate or employee instead they give chances to the deserving ones.

Dislikes

I don’t have any dislikes about ITCL

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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 India Thermit Corporation Purchase Manager Salary FAQs

What is the notice period for Purchase Manager at The India Thermit Corporation?

According to AmbitionBox, 100% of the The India Thermit Corporation Purchase Managers reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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The India Thermit Corporation Purchase Manager Salaries

The India Thermit Corporation Purchase Manager salary in India ranges between ₹10.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 The India Thermit Corporation latest salaries received from various employees of The India Thermit Corporation.