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Lakshmi Machine Works Assistant Mechanical Design Manager salaries in India

Annual salary range
10 - 13 years exp.
₹10 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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17% more than the average Assistant Mechanical Design Manager Salary in Industrial Machinery Companies for 10 - 13 years of experience

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Last Updated: 3 Apr 2024

Companies similar to Lakshmi Machine Works for Assistant Mechanical Design Manager

Company name Avg Annual Salary Open Jobs
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₹8.4 L/yr - ₹12.6 L/yr

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₹5.4 L/yr - ₹14 L/yr

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₹6.5 L/yr - ₹14 L/yr

arrow icon 12% less
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₹7 L/yr - ₹11.5 L/yr

arrow icon 14% less
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₹6.6 L/yr - ₹6.8 L/yr

arrow icon 38% less
Assistant Mechanical Design Manager salary at Lakshmi Machine Works ranges between ₹10 Lakhs to ₹13 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works Assistant Mechanical Design Manager

10mo ago
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13 years exp.
1y ago
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12 years exp.
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11 years exp.
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10 years exp.

Experience wise Lakshmi Machine Works Assistant Mechanical Design Manager salaries

Last Updated: 3 Apr 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr

Similar Designation salaries in Lakshmi Machine Works

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₹6 L/yr - ₹6.9 L/yr
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₹1.8 L/yr - ₹3.6 L/yr
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₹1 L/yr - ₹7.25 L/yr
Electrical Design Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹5 L/yr - ₹9.5 L/yr
Technical Lead Salary
(4 salaries)
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₹3 L/yr - ₹4.05 L/yr
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₹9.1 L/yr - ₹13 L/yr
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₹2.4 L/yr - ₹7.2 L/yr
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₹1 L/yr - ₹2 L/yr
Product Design Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr

Salary related reviews for Lakshmi Machine Works

4.0

Rated by 1 employees for salary & benefits

Research & Development Department

1.0
  •  posted on 12 May 2022

1.0
 for  Salary and Benefits

Likes

Job is secured

  • Job security - Good
  • +1 more

Dislikes

1. Internal politics is more 2. Salary package is very low 3. Career growth after 5 years is NIL 4. Machine tool division unit current (2018-till date) HR does not know why he's in that position. He creates trouble for employees rather than solving.

read more
  • Salary - Bad
  • +3 more

Customer Service Department Department

4.0
  •  posted on 21 Dec 2019

3.0
 for  Salary and Benefits

Likes

Colleagues here are helpful and good to work with, you can learn a lot and gain vital experience. Company has good credit and one of the prominent names in the industry.

read more
  • Skill development - Good
  • +1 more

Dislikes

Growth is slow, compensation and increments are also average. Managers don’t value suggestions, laid back attitude.

read more
  • Promotions - Poor

Research & Development Department

5.0
  •  posted on 25 Nov 2019

4.0
 for  Salary and Benefits

Likes

...UG degree holder will be great. Opportunity to learn & develop is high at start. Ontime salary, bonus, leave benefits are satisfactory. Employee welfare & work life balance is poor.

read more
  • Salary - Good
  • +2 more

Dislikes

Employee welfare & work life balance is poor. High discrimination found. Work load among team is not equal.

  • Company culture - Poor

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 06 Oct 2023

4.0
 for  Salary and Benefits

Likes

For sales and service traveling expenses are really good. New joiners gets attractive packages.

  • Salary - Good
  • +3 more

Dislikes

No value for old employees. Less appraisal. Salary of loyal employees will be very less compared to new joiners.

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  • Skill development - Poor
  • +2 more

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 12 Sep 2023

3.0
 for  Salary and Benefits

Likes

No positives

  • Promotions - Good

Dislikes

...agers frequently bothering even during medical leave due to system shortcomings. High attrition rates plague SCM, exacerbated by attractive salary offers that ultimately lead to rapid resignations due to this culture less working environment. Prospective employees are requested to thoroughly investigate before joining or don't consider this organization.

read more
  • Skill development - Bad
  • +3 more
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Lakshmi Machine Works Assistant Mechanical Design Manager Salary FAQs

What is the salary of Assistant Mechanical Design Manager at Lakshmi Machine Works ?
The average salary of a Assistant Mechanical Design Manager at Lakshmi Machine Works in India typically ranges from ₹10.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Assistant Mechanical Design Manager at Lakshmi Machine Works earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Assistant Mechanical Design Manager Salaries at Lakshmi Machine Works 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 Lakshmi Machine Works employees in India.
What is the estimated take home salary of a Assistant Mechanical Design Manager at Lakshmi Machine Works in India?
The estimated take-home salary of a Assistant Mechanical Design Manager at Lakshmi Machine Works in India typically ranges from ₹77,111 to ₹79,112 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 10 years to 13 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 Lakshmi Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lakshmi Machine Works for Assistant Mechanical Design Manager in India?
Vertiv ₹8.4 Lakhs to ₹12.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lakshmi Machine Works, depending on the role and experience level.
What is the salary of a Assistant Mechanical Design Manager in companies similar to Lakshmi Machine Works in India?
The salary of a Assistant Mechanical Design Manager at companies similar to Lakshmi Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jekson Vision ₹5.4 Lakhs to ₹14.0 Lakhs per year
Tata Advanced Systems ₹6.5 Lakhs to ₹14.0 Lakhs per year
Technoshell Automations ₹7.0 Lakhs to ₹11.5 Lakhs per year
Aplab ₹6.6 Lakhs to ₹6.8 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 Assistant Mechanical Design Manager at Lakshmi Machine Works in India?
The salary growth for a Assistant Mechanical Design Manager at Lakshmi Machine Works depends on factors such as experience, performance, and promotions. On average, a Assistant Mechanical Design Manager can expect the following growth trajectory at Lakshmi Machine Works:

Experience Average Salary Range
10 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
13 years ₹11.7 Lakhs to ₹15.0 Lakhs per year
and so on.

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Lakshmi Machine Works Assistant Mechanical Design Manager salary in India ranges between ₹10 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.