Videocon Industries Ltd. Procurement Engineer Salaries by 4 Employees (Updated 2024)

4 - 7 years exp.

₹3.7 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Procurement Engineer Salary in Consumer Electronics & Appliances Companies for 4 - 7 years of experience

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Last Updated: 28 Feb 2024

Companies similar to Videocon Industries Ltd. for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
LG Electronics Procurement Engineer Salary 0 - 5 years exp. (22 salaries)	₹3 L/yr - ₹6 L/yr 8% less
Samsung Procurement Engineer Salary 1 - 5 years exp. (6 salaries)	₹4.4 L/yr - ₹5.4 L/yr 14% more
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Voltas Procurement Engineer Salary 9 - 24 years exp. (8 salaries)	₹4.2 L/yr - ₹6 L/yr 32% more
Panasonic Procurement Engineer Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 69% more
Blue Star Procurement Engineer Salary 0 - 5 years exp. (13 salaries)	₹1.9 L/yr - ₹6 L/yr 16% less
Panasonic Life Solutions India Procurement Engineer Salary 1 - 9 years exp. (9 salaries)	₹3.6 L/yr - ₹7.5 L/yr 29% more
Vivo Procurement Engineer Salary 0 - 2 years exp. (7 salaries)	₹3.3 L/yr - ₹5.7 L/yr 1% less
Signify Procurement Engineer Salary 10 - 14 years exp. (5 salaries)	₹13 L/yr - ₹25 L/yr 346% more
Godrej & Boyce Manufacturing Procurement Engineer Salary 1 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹8.8 L/yr 33% more
Philips Procurement Engineer Salary 7 - 10 years exp. (4 salaries)	₹11 L/yr - ₹23 L/yr 303% more
Daikin Procurement Engineer Salary 7 years exp. (3 salaries)	₹5.8 L/yr - ₹7 L/yr 53% more
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Procurement Engineer salary at Videocon Industries Ltd. ranges between ₹3.7 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Videocon Industries Ltd..

Experience wise Videocon Industries Ltd. Procurement Engineer salaries

Last Updated: 28 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.1 L/yr

Salary related reviews for Videocon Industries Ltd.

Deputy Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

I don't suggest to others to join here, compare to salary part, its worst, don't get the salary on time, if you feel to recieve salary 2-3 months once you may join the company.

Dislikes

Salary, work life, conveyance, pressure,

Assistant Manager in Bhagalpur

Full Time

Sales & Business Development Department

1.0

• posted on 03 Sep 2020

1.0

for Salary and Benefits

Likes

Worst company in this world No management They have not given ma salary and tour bill of 1.07 lakhs I will never recommend any one to work for this company Videocon is my worst working experience in my career.

Dislikes

worst company

Junior Engineer Trainee in Aurangabad

Full Time

Tool room design Department

4.0

• posted on 11 Jun 2019

3.0

for Salary and Benefits

Likes

The working staff is very good and supporting in nature but higher management is very poor. My experience about higher management is very bad

Dislikes

I have recieve my joining letter after three months of my joining. They refuse to give me salary of three monts by telling that you are not recruited by IRB.

Accounts & Finance Executive in Aurangabad

Finance & Accounting Department

1.0

• posted on 19 May 2019

1.0

for Salary and Benefits

Likes

Nothing, worst company I have ever seen,

Dislikes

Its worst company I have ever seen, no salary release from jan 19 to Apr19, no increment from last two year, no job security, any time management can ask you to put down the Resignation.. No ethics follow by organisation.. Even not sibmit the PF to PF department..

Finance Manager in Ahmednagar

Finalisation Department

3.0

• posted on 27 Feb 2018

2.0

for Salary and Benefits

Likes

The company is little open to innovation and little scope for an individual to present his skill. Totally unorganized way of working. Lack of clarity about the work assigned. Do as directed philosophy, no scope for individuals skill.

Dislikes

Compensation is average. Work pressure sudden gets high due to unorganised style of working. Sometimes too much work and most of the time very little. Managers don't value an individual because do as directed philosophy. No appreciation for your outstanding performance.

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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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Videocon Industries Ltd. Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Videocon Industries Ltd.?

Procurement Engineer salary at Videocon Industries Ltd. in India ranges between ₹3.7 Lakhs to ₹4.7 Lakhs for experience between 4 years to 7 years. According to our estimates it is 8% less than the average Procurement Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Videocon Industries Ltd. India.

How does the salary of a Procurement Engineer at Videocon Industries Ltd. India compare with the average salary range for this job?

The average salary of a Procurement Engineer at Videocon Industries Ltd. is 8% less than the average salary of a Procurement Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Videocon Industries Ltd. to a Procurement Engineer in India?

Signify Procurement Engineer Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Philips Procurement Engineer Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
Panasonic Procurement Engineer Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Daikin Procurement Engineer Salary - ₹5.8 Lakhs to ₹7.0 Lakhs per year
Godrej & Boyce Manufacturing Procurement Engineer Salary - ₹3.6 Lakhs to ₹8.8 Lakhs per year

What is the salary of a Procurement Engineer in companies similar to Videocon Industries Ltd. in India?

Voltas Procurement Engineer Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
Panasonic Life Solutions India Procurement Engineer Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
Samsung Procurement Engineer Salary - ₹4.4 Lakhs to ₹5.4 Lakhs per year
Vivo Procurement Engineer Salary - ₹3.3 Lakhs to ₹5.7 Lakhs per year
LG Electronics Procurement Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Procurement Engineer at Videocon Industries Ltd. in India?

The estimated take-home salary of a Procurement Engineer at Videocon Industries Ltd. ranges between ₹30,334 per month to ₹31,644 per month in India. The take-home salary calculation is based on the average Videocon Industries Ltd. Procurement Engineer salary in India which ranges between ₹3.7 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Procurement Engineer at Videocon Industries Ltd.?

According to AmbitionBox, 100% of the Videocon Industries Ltd. Procurement Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Videocon Industries Ltd. Procurement Engineer Salaries

Videocon Industries Ltd. Procurement Engineer salary in India ranges between ₹3.7 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Videocon Industries Ltd. latest salaries received from various employees of Videocon Industries Ltd..