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Lakshmi Machine Works

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4.0

based on 772 Reviews

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Lakshmi Machine Works new Product Development Engineer salaries in Coimbatore

Annual salary range
4 - 5 years exp.
₹4.8 Lakhs - ₹6.5 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.
Salary of majority employees
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53% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 4 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Procurement & Supply Chain
new Product Development Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 14 Mar 2023

Companies similar to Lakshmi Machine Works for new Product Development Engineer in Coimbatore

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Lakshmi Machine Works new Product Development Engineer Salary

4 - 5 years exp. (3 salaries)
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₹4.8 L/yr - ₹6.5 L/yr

vs
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₹1.6 L/yr - ₹2 L/yr

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L.G.Balakrishnan & Bros new Product Development Engineer Salary

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₹1.7 L/yr - ₹4.7 L/yr

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Pricol new Product Development Engineer Salary

1 - 9 years exp. (11 salaries)
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₹1.6 L/yr - ₹7 L/yr

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G Plast new Product Development Engineer Salary

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₹2.3 L/yr - ₹5 L/yr

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Salzer Electronics new Product Development Engineer Salary

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₹1.6 L/yr - ₹3.4 L/yr

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new Product Development Engineer salary at Lakshmi Machine Works ranges between ₹4.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works new Product Development Engineer in Coimbatore

1y ago
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4 years exp.
1y ago
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5 years exp.

Experience wise Lakshmi Machine Works new Product Development Engineer salaries in Coimbatore

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Lakshmi Machine Works

Design Engineer Salary
(88 salaries)
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₹2 L/yr - ₹6.77 L/yr
Senior Design Engineer Salary
(70 salaries)
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₹5 L/yr - ₹8.6 L/yr
Assistant Engineer Salary
(42 salaries)
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₹2 L/yr - ₹3.6 L/yr
Production Engineer Salary
(31 salaries)
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₹1.05 L/yr - ₹7.55 L/yr
Product Development Engineer Salary
(6 salaries)
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₹4.5 L/yr - ₹6.5 L/yr
Senior Software Engineer Salary
(4 salaries)
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₹7.2 L/yr - ₹8.7 L/yr
Product Engineer Salary
(4 salaries)
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₹3 L/yr - ₹4.1 L/yr
Project Engineer Salary
(3 salaries)
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₹5 L/yr - ₹5.5 L/yr

Top skills at Lakshmi Machine Works for new Product Development Engineer

Solid Works NPD Sheet Metal Design 3D New Product Development New Product Design Design Engineering Product Design Design Validation Machine

Salary related reviews for Lakshmi Machine Works

3.0

Rated by 1 employees for salary & benefits

Senior Design Engineer in Coimbatore

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

Senior Engineer in Pune

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

Design Engineer in Coimbatore

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

Technical Sales Engineer in Pune

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.

read more
  • Skill development - Poor
    • +2 more

Purchase Engineer in Coimbatore

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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2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Lakshmi Machine Works new Product Development Engineer salary in Coimbatore ranges between ₹4.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.