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A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Estimated Yearly Salary: 7,019,882 INR
Estimated Monthly Salary: 584,990 INR
Estimated Weekly Salary: 134,998 INR per week
Estimated Hourly Salary: 3,375 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 567,165 INR
Estimated Weekly Salary: 130,884 INR per week
Estimated Hourly Salary: 3,272 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 78,370 USD
Estimated Monthly Salary: 6,531 USD
Estimated Weekly Salary: 1,507 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 7,019,882 INR
Estimated Monthly Salary: 584,990 INR
Estimated Weekly Salary: 134,998 INR per week
Estimated Hourly Salary: 3,375 INR per hour
By working as Chief Procurement Officer a person can save up to 5,636 USD per month or 67,628 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Chief Procurement Officer
Last revision of data: 2025-01-04
Data as of 2025
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Chief Procurement Officer salary in India
Average Yearly Salary of Chief Procurement Officer in India is approximately 7,019,882 INR (78,370 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Chief Procurement Officer do?
A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Skills: Chief Procurement Officer, CPO, Procurement Strategy, Supplier Management, Cost Optimization, Contract Negotiation, Procurement Performance
Job industry: Supply chain management
Job industry: Supply chain management
How much does Chief Procurement Officer make?
Salary details
How much does Chief Procurement Officer make?Estimated Yearly Salary: 7,019,882 INR
Estimated Monthly Salary: 584,990 INR
Estimated Weekly Salary: 134,998 INR per week
Estimated Hourly Salary: 3,375 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,805,980 INREstimated Monthly Salary: 567,165 INR
Estimated Weekly Salary: 130,884 INR per week
Estimated Hourly Salary: 3,272 INR per hour
Last revision of data: 2024-01-09Chief Procurement Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 78,370 USD
Estimated Monthly Salary: 6,531 USD
Estimated Weekly Salary: 1,507 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in India.
Comparison shows that a person working as Chief Procurement Officer in India earns on average:
3.79 times the average salary (or 379% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in India.
Comparison shows that a person working as Chief Procurement Officer in India earns on average:
3.79 times the average salary (or 379% of average salary).
Is Chief Procurement Officer a well paid job?
Yes, our data show that Chief Procurement Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Procurement Officer?
High salary for Chief Procurement Officer would be somewhere between 7,721,870 INR and 10,178,829 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Procurement Officer in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 7,019,882 INR
Estimated Monthly Salary: 584,990 INR
Estimated Weekly Salary: 134,998 INR per week
Estimated Hourly Salary: 3,375 INR per hour
By working as Chief Procurement Officer a person can save up to 5,636 USD per month or 67,628 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Procurement Officer
Pakistan is 5,526 USD
China is 44,907 USD
Nepal is 25,632 USD
Bangladesh is 9,854 USD
Afghanistan is 20,947 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Qualified medication aide (1,064,930 INR per year, pre-tax.)
Visual merchandiser (1,322,095 INR per year, pre-tax.)
Optical store manager (1,514,880 INR per year, pre-tax.)
Health and safety coordinator (1,684,422 INR per year, pre-tax.)
Art teacher (1,866,260 INR per year, pre-tax.)
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