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

Fixed (91%)

₹11.5 Lakhs

Variable (9%)

₹1.2 Lakh

19% less than the average Procurement Manager Salary in Electronics Manufacturing Companies for 12 - 24 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Versa Drives for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (128 salaries)	₹6 L/yr - ₹21 L/yr 7% more
Tata Steel Procurement Manager Salary 0 - 15 years exp. (107 salaries)	₹6 L/yr - ₹21 L/yr 13% more
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Dunzo Procurement Manager Salary 1 - 10 years exp. (104 salaries)	₹3.5 L/yr - ₹7 L/yr 58% less
Larsen & Toubro Limited Procurement Manager Salary 8 - 19 years exp. (97 salaries)	₹10 L/yr - ₹27.9 L/yr 41% more
Genpact Procurement Manager Salary 8 - 14 years exp. (52 salaries)	₹8 L/yr - ₹19.8 L/yr 7% more

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: 22 Mar 2025

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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Versa Drives Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Versa Drives ?

The average salary of a Procurement Manager at Versa Drives in India typically ranges from ₹10.8 Lakhs to ₹16.7 Lakhs per year, depending on experience (from 12 years to 24 years).

The top 10% of Procurement Manager at Versa Drives earn more than ₹16.7 Lakhs per year, and the top 1% earn over ₹16.7 Lakhs per year. Procurement Manager Salaries at Versa Drives 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 Versa Drives employees in India.

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 in India typically ranges from ₹89,808 to ₹92,168 per month. This is based on the average salary range of ₹10.8 Lakhs to ₹16.7 Lakhs per year for employees with experience ranging from 12 years to 24 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 Versa Drives. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Versa Drives for Procurement Manager in India?

Larsen & Toubro Limited	₹10.0 Lakhs to ₹27.9 Lakhs per year
Tata Steel	₹6.0 Lakhs to ₹21.0 Lakhs per year
Reliance Industries	₹6.0 Lakhs to ₹21.0 Lakhs per year
Genpact	₹8.0 Lakhs to ₹19.8 Lakhs per year

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

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

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

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 Versa Drives in India?

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

Experience	Average Salary Range
12 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
14 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
15 years	₹9.7 Lakhs to ₹12.4 Lakhs per year

and so on.

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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.