Versa Drives Procurement Manager Salaries by 4 Employees (Updated 2025)

12 - 24 years exp.

₹10.8 Lakhs - ₹16.7 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Procurement Manager Salary in Electronics Manufacturing Companies for 12 - 24 years of experience

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Last Updated: 21 Oct 2024

Companies similar to Versa Drives for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Procurement Manager Salary 12 - 22 years exp. (13 salaries)	₹14 L/yr - ₹25.3 L/yr 46% more
Tata Motors Procurement Manager Salary 9 - 18 years exp. (9 salaries)	₹14.3 L/yr - ₹32.6 L/yr 44% more
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Ashok Leyland Procurement Manager Salary 15 - 29 years exp. (4 salaries)	₹16 L/yr - ₹22.7 L/yr 54% more
Bosch Procurement Manager Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹21.3 L/yr 31% more
Siemens Procurement Manager Salary 7 - 20 years exp. (44 salaries)	₹8.9 L/yr - ₹25.9 L/yr 30% more
Honeywell Automation Procurement Manager Salary 11 - 20 years exp. (4 salaries)	₹15 L/yr - ₹26 L/yr 62% more
ABB Procurement Manager Salary 10 - 21 years exp. (13 salaries)	₹12 L/yr - ₹28 L/yr 49% more
Schneider Electric Procurement Manager Salary 5 - 15 years exp. (45 salaries)	₹9 L/yr - ₹19.3 L/yr 3% less	2 job openings

Procurement Manager salary at Versa Drives ranges between ₹10.8 Lakhs to ₹16.7 Lakhs per year for employees with experience between 12 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Versa Drives.

Experience wise Versa Drives Procurement Manager salaries

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
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15+ years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr

Similar Designation salaries in Versa Drives

Procurement Executive Salary

(5 salaries)

₹2.05 L/yr - ₹2.64 L/yr

Store Executive Salary

(5 salaries)

₹2 L/yr - ₹3.28 L/yr

Dispatch Executive Salary

(4 salaries)

₹1.95 L/yr - ₹2.35 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Asst Store Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Store & Dispatch Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Inventory Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Executive Procurement Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Salary related reviews for Versa Drives

Sales Executive in Coimbatore

Full Time

Sales & Business Development Department

5.0

• posted on 14 Sep 2024

5.0

for Salary and Benefits

Likes

As per my opinion Versa Drive is very good company they are continuously doing new invention. They will benefited there customer by saving money in their electricity bill. You can make implementation of your idia over here. You get a great support from company. Timely Payment of employees is another good thing for employees they can feel goodness of this thing. The company is focused on eco-friendly products which will help to make invirment good and many more good things about Versa Drives.

Salary - Excellent

+6 more

Dislikes

I found nothing which I will dislike

Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 14 Sep 2024

2.0

for Salary and Benefits

Likes

The environment and its natural maintanence. Peers are kind and friendly. Management is polite and friendly.

Dislikes

-Strict working hours 9am -6pm. -N -No work life balance -All Saturdays working day -Even some holidays are compensated with the forth coming sundays -No paid medical leave benefits during emergency situations

Salary - Poor

+2 more

Showroom Incharge in Coimbatore

Full Time

Sales & Business Development Department

5.0

• posted on 14 Sep 2024

4.0

for Salary and Benefits

Likes

Here the company and the management is so kindly.They helping employee to became knowledgeable.They asking more comment from Employee and executing the Same.Be patiently management Teaching with Excellent ideas. Management Understanding the Employees needs and they helping us.

Salary - Good

+6 more

Dislikes

Need to more focus on our brands giving good output

Front End Developer in Coimbatore

Full Time

Engineering - Software & QA Department

5.0

• posted on 14 Sep 2024

5.0

for Salary and Benefits

Likes

Thanks to giving great opportunity to drive in VDPL family in my life. Thank alots more. I didn't forget this in my life. Always positive attitude and encouragement, I feel really so happy to working with versa drives till now. Friends don't miss the opportunity.....

Salary - Excellent

+6 more

Dislikes

Nil

Technical Content Writer in Coimbatore

Design and Development Department

5.0

• posted on 09 Jun 2022

4.0

for Salary and Benefits

Likes

The company has a work culture where the employees emotions are valued. Besides having an environment where people work amicable through innovation and design, their personal requirements are also considered. Employees have a job security and hence can function without any insecurities or fear of suddenly losing their job without prior notice. Management is friendly rather than being bossy. Due to this, we as employees have the freedom to communicate regarding any issues or discomfort we experience. The company policies are also good and favorable to employees.

Salary - Good

+6 more

Dislikes

The only drawback could be that there is no proper means for travel to the company in case you do not have your personal vehicle.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Versa Drives Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Versa Drives?

Procurement Manager salary at Versa Drives in India ranges between ₹10.8 Lakhs to ₹16.7 Lakhs for experience between 12 years to 24 years. According to our estimates it is 20% less than the average Procurement Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Versa Drives India.

How does the salary of a Procurement Manager at Versa Drives India compare with the average salary range for this job?

The average salary of a Procurement Manager at Versa Drives is 20% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Versa Drives to a Procurement Manager in India?

Honeywell Automation Procurement Manager Salary - ₹15.0 Lakhs to ₹26.0 Lakhs per year
Ashok Leyland Procurement Manager Salary - ₹16.0 Lakhs to ₹22.7 Lakhs per year
ABB Procurement Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Mahindra & Mahindra Procurement Manager Salary - ₹14.0 Lakhs to ₹25.3 Lakhs per year
Tata Motors Procurement Manager Salary - ₹14.3 Lakhs to ₹32.6 Lakhs per year

What is the salary of a Procurement Manager in companies similar to Versa Drives in India?

Bosch Procurement Manager Salary - ₹14.0 Lakhs to ₹21.3 Lakhs per year
Siemens Procurement Manager Salary - ₹8.9 Lakhs to ₹25.9 Lakhs per year
Schneider Electric Procurement Manager Salary - ₹9.0 Lakhs to ₹19.3 Lakhs per year

What is the estimated take home salary of a Procurement Manager at Versa Drives in India?

The estimated take-home salary of a Procurement Manager at Versa Drives ranges between ₹89,808 per month to ₹92,168 per month in India. The take-home salary calculation is based on the average Versa Drives Procurement Manager salary in India which ranges between ₹10.8 Lakhs to ₹16.7 Lakhs per year for employees with experience between 12 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at Versa Drives?

According to AmbitionBox, 100% of the Versa Drives Procurement Manager s reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Versa Drives Procurement Manager Salaries

Versa Drives Procurement Manager salary in India ranges between ₹10.8 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Versa Drives latest salaries received from various employees of Versa Drives.