Purchasing Managers are responsible for managing the procurement process within an organisation. They ensure that the company has a steady supply of goods, materials and services required for operations while optimising costs and maintaining quality. The average salary of a Purchasing Manager in India is INR 6.6 LPA with the highest salary being INR 38 LPA.
To become a Purchasing Manager, candidates have to enrol in different management and logistics courses after class 12. BBA in supply chain management, BBA in logistics management and MBA in material management are some of the top courses pursued by candidates along with similar certificate and diploma courses. Amity University Noida, NMIMS Mumbai, Mount Carmel Institute of Management and Christ Academy are some of the top colleges offering courses in management and logistics.
Table of Contents
- Purchasing Manager Salary in India
- Purchasing Manager Salary: Experience Wise
- Purchasing Manager Salary: Designation Wise
- Purchasing Manager Salary: Skill Wise
- Purchasing Manager Salary: Qualification Wise
- Purchasing Manager Salary: Company Wise
- Purchasing Manager Salary: City Wise
- Purchasing Manager Salary: Country Wise
- Purchasing Manager Salary: FAQs
Purchasing Manager Salary in India
The average salary of a Purchasing Manager in India is INR 6.6 LPA. The starting salary for a Purchasing Manager is INR 3 LPA while the highest salary is INR 38 LPA. The estimated monthly salary in India for Purchasing Managers is between INR 50,439 to INR 51,629.
Purchasing Managers with experience of about 5 years are earning up to INR 4.6 LPA in India. The procurement manager and sourcing manager are top designations with an average annual salary of INR 11 LPA.
Purchasing Manager Salary: Experience Wise
The salaries of Purchasing Managers are highly affected by their experience. Experienced Purchasing Managers are compensated more compared to new ones because of the knowledge and skills they possess. The following table highlights the Purchasing Manager salaries based on years of experience.
| Experience Years | Average Annual Salary (INR) |
|---|---|
| 4 - 5 years | 4.6 L |
| 5 - 6 years | 5 L |
| 6 - 7 years | 5.2 L |
| 7 - 8 years | 5.6 L |
Purchasing Manager Salary: Designation Wise
Depending on the industry and specialisation, there can be many designations similar to Purchasing Manager. It is a rapidly evolving profession with varied salaries depending upon the various designations.
Purchasing Manager salaries for some of the top designations are mentioned in the table below.
| Designations | Average Annual Salary (INR) |
|---|---|
| Purchase Engineer | 3.3 L |
| Sourcing Manager | 10.7 L |
| Purchase Officer | 3.5 L |
| Purchase Assistant | 2.4 L |
| Supply Chain Manager | 9.9 L |
| Procurement Manager | 11.3 L |
| Sourcing Manager | 11 L |
| Materials Manager | 10 L |
Purchasing Manager Salary: Skill Wise
Purchase management is a dynamic field requiring professionals to possess a varied set of skills to excel in their roles. Purchasing Manager salaries according to different skills are mentioned in the following table.
| Skill Set | Average Annual Salary (INR) |
|---|---|
| Purchase Management | 6.6 L |
| Procurement | 5.3 L |
| Purchase | 3.2 L |
| Vendor Management | 5.6 L |
| Supply Chain Management | 9.9 L |
| Material Management | 10 L |
| Planning and Procurement | 12.8 L |
Purchasing Manager Salary: Qualification Wise
Most Purchasing Managers are required to possess a high level of education and training to efficiently perform their duties. Purchasing Manager's salary varies based on the qualification. The following table highlights the salaries of Purchasing Managers at different qualification levels.
| Degree Pursued | Average Annual Salary (INR) |
|---|---|
| PG Diploma | 5 - 7 L |
| Bachelors | 2 - 7 L |
| Masters | 5 - 10 L |
Purchasing Manager Salary: Company Wise
There are many companies that hire Purchasing Managers for their services to help them in improving their performances to achieve goals. The table below highlights the salary of some of the top recruiters of Purchasing Managers in India.
| Name of the Companies | Average Annual Salary (INR) |
|---|---|
| Schneider Electric | 13.8 L |
| JCB | 18.9 L |
| Mahindra & Mahindra | 15.2 L |
| Tata Motors | 8.8 L |
| Reliance Industries | 10.2 L |
| Arvind Group | 7.2 L |
| D Mart | 4.4 L |
| Sun Pharmaceuticals | 11.3 L |
| Trident Group | 9 L |
Purchasing Manager Salary: City Wise
Purchasing Manager have to work in different locations because of the widespread availability of industries to which they cater and competitive nature of the profession. Purchasing Manager salaries vary widely on the basis of location.
The salaries from some of the top Indian cities are mentioned in the table below.
| Name of the Cities | Average Annual Salary (INR) |
|---|---|
| Pune | 9 L |
| Chennai | 8.9 L |
| Mumbai | 8.7 L |
| Bangalore | 8.7 L |
| New Delhi | 7.3 L |
Purchasing Manager Salary: Country Wise
The continuous industrialisation and development has led to the constant demand for Purchasing Managers across the world. Some of the top countries with good pay for Purchasing Managers are mentioned in the table below.
| Name of the Countries | Average Annual Salary (INR) |
|---|---|
| USA | 67.01 L |
| UK | 55.41 L |
| Germany | 62.67 L |
| Australia | 65.83 L |
Purchasing Manager Salary: FAQs
Ques. What is the average salary of a Purchasing Manager in India?
Ans. The average salary of a Purchasing Manager in India is INR 6.6 LPA with the highest salary being INR 38 LPA.
Ques. Are there opportunities for career growth as Purchasing Manager in India?
Ans. Purchasing Managers can progress to higher roles as their careers grow and they gain experience in India. They can also look for opportunities in larger organisations and industries with sophisticated procurement processes.
Ques. How Purchasing Managers can increase their earning potential in India?
Ans. Gaining experience, enhancing skills through certifications, demonstrating expertise, higher education and strong networking can help Purchasing Managers in increasing their earning potential in India.
Ques. What are the factors that influence the salary of Purchasing Managers?
Ans. Experience, education, industry expertise, organisation size and location are some of the top factors that affect the salary of Purchasing Managers.
Ques. Are there regional variations in the salary of Purchasing Managers in India?
Ans. Urban areas tend to offer higher salaries to Purchasing Managers due to the larger number of industries and increased cost of living compared to semi-urban or rural areas.
Ques. Do Purchasing Managers receive any additional benefits?
Ans. Purchasing Managers may receive additional benefits like PF, health insurance, performance bonuses, paid leaves and more from their companies in India.
Ques. Which industries are paying the most to Purchasing Managers in India?
Ans. Auto components, Pharma, Industrial machinery, engineering and construction and real estate are top-paying companies for Purchasing Managers in India.
Ques. Which city is paying the most to Purchasing Managers in India?
Ans. With an average salary of INR 9 LPA, Pune is the best city for Purchasing Managers in India.
Ques. How much a supply chain manager is earning in India?
Ans. A supply chain manager can earn up to INR 9.9 LPA in India.
Ques. How much Tata Motors is paying to their Purchasing Managers?
Ans. Purchasing Managers at Tata Motors are earning up to INR 8.8 LPA.
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