L&T Defence Visakhapatnam Project Manager Salaries by 3 Employees (Updated 2024)

10 - 13 years exp.

₹9 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Project Manager Salary in Defence & Aerospace Companies for 10 - 13 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹15 L/yr
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Construction & Site Engineering Project Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹11 L/yr

Last Updated: 20 Sep 2023

Companies similar to L&T Defence for Project Manager in Visakhapatnam

L&T Defence Project Manager Salary

10 - 13 years exp. (3 salaries)

₹9 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Indian Navy Project Manager Salary 10 - 12 years exp. (4 salaries)	₹20 L/yr - ₹26 L/yr 98% more
Fluentgrid Project Manager Salary 8 - 15 years exp. (11 salaries)	₹7.4 L/yr - ₹22.1 L/yr 29% more
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Dr. Reddy's Project Manager Salary 11 - 18 years exp. (10 salaries)	₹12 L/yr - ₹30 L/yr 59% more
Lupin Project Manager Salary 13 - 17 years exp. (9 salaries)	₹14.2 L/yr - ₹25 L/yr 44% more
MOURI Tech Project Manager Salary 9 - 14 years exp. (9 salaries)	₹16 L/yr - ₹22.5 L/yr 60% more	1 job opening

Project Manager salary at L&T Defence ranges between ₹9 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Defence.

Experience wise L&T Defence Project Manager salaries in Visakhapatnam

Last Updated: 20 Sep 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.9 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
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12 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.1 L/yr
13 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr

Salary related reviews for L&T Defence

5.0

Rated by 1 employees for salary & benefits

Project Manager in Mumbai

Construction & Site Engineering Department

4.0

• posted on 08 Aug 2017

3.0

for Salary and Benefits

Likes

Freedom to learn & experiment. Good Technical exposure. Average salary. Good for technocrats & of course buttering members. Semi-Govt organisation with full job security. So you can have good work-life balance

Dislikes

Project Managers are treated as Project co-ordinators. Still follows age old bell-curve for appraisal. Top heavy and no one retires..continue as FTC with full powers. Average pay master. 5.5 days working/ week.

Deputy General Manager in Talegaon Dabhade

Full Time

Project & Program Management Department

3.0

• posted on 15 Jun 2023

2.0

for Salary and Benefits

Likes

Freedom to innovate, make mistakes and learn. Holiday homes. Domicilary medical reimbursement. Work exposure.

Dislikes

Compensation , HR policies. 5.5 days working. Poor leave rules. No holidays on muslim festivals. Non fair appraisals.

Mktg in Bangalore / Bengaluru

Other Department

2.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

Business areas and product line, which makes an employee feel proud. Aspiration to venture into new products and markets.

Dislikes

...power & authority is getting further concentrated rather than getting delegated. Non-revision of compensation structure vis-à-vis industry has led to high attrition and degradation in quality of human resource available in organisation and its ability to attract. Compensation structure should be reviewed immediately and brought at par with industry . Career progression / growth is slow.

Senior Manager Project Management in Surat

Defense Department

5.0

• posted on 25 May 2022

4.0

for Salary and Benefits

Likes

This is the best place, where you could contribute for your Country. Collaborative culture with versatile people from all across, provides lot of opportunity to learn and grow.

Dislikes

Salary and benefits might not be best in the class, could be improved a bit.

Diploma Trainee Engineer in Coimbatore

Production, Manufacturing & Engineering Department

5.0

• posted on 19 May 2022

2.0

for Salary and Benefits

Likes

I&T defense is a good company. You learn more and more because many defense and areospace project are make by l&T. Next one is very minimum work pressure.

Dislikes

Salary is moderate only.increment is low. Career grow is slow.

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Salary Discussions, Hike & Promotions

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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L&T Defence Project Manager Salary FAQs

What is the notice period for Project Manager at L&T Defence in Visakhapatnam?

According to AmbitionBox, 100% of the L&T Defence Project Managers in Visakhapatnam reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Defence Project Manager Salaries in Visakhapatnam

L&T Defence Project Manager salary in Visakhapatnam ranges between ₹9 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Defence latest salaries received from various employees of L&T Defence.