Lakshmi Machine Works R&D Design Engineer Salaries by 8 Employees (Updated 2025)

3 - 8 years exp.

₹3.3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹5.4 Lakhs

Variable (15%)

₹1.0 Lakh

11% more than the average R&D Design Engineer Salary in Industrial Machinery Companies for 3 - 8 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2025

Companies similar to Lakshmi Machine Works for R&D Design Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto R&D Design Engineer Salary 9 - 15 years exp. (13 salaries)	₹8.5 L/yr - ₹13 L/yr 75% more
KONE R&D Design Engineer Salary 0 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹6 L/yr 44% less
Login to view exact salary
Battrixx R&D Design Engineer Salary 1 - 6 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr 37% less
Medha Servo Drives R&D Design Engineer Salary 0 - 7 years exp. (7 salaries)	₹3.9 L/yr - ₹7.8 L/yr 13% less
MRF Tyres R&D Design Engineer Salary 0 - 2 years exp. (6 salaries)	₹5.7 L/yr - ₹8 L/yr 4% more

R&D Design Engineer salary at Lakshmi Machine Works ranges between ₹3.3 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works R&D Design Engineer salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
8 years (3 salaries)	₹3 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Lakshmi Machine Works

Design Engineer Salary

(106 salaries)

₹1.8 L/yr - ₹6.77 L/yr

Senior Design Engineer Salary

(78 salaries)

₹5 L/yr - ₹9 L/yr

Mechanical Engg. Design Salary

(18 salaries)

₹2.3 L/yr - ₹7.5 L/yr

Graduate Apprentice Trainee Salary

(15 salaries)

₹1.55 L/yr - ₹2.75 L/yr

R&D Engineer Salary

(13 salaries)

₹3 L/yr - ₹8 L/yr

Process Planning Engineer Salary

(8 salaries)

₹4 L/yr - ₹5.7 L/yr

Tool Design Engineer Salary

(8 salaries)

₹5 L/yr - ₹6.55 L/yr

Assistant Manager Design Salary

(7 salaries)

₹8.6 L/yr - ₹9.6 L/yr

Senior R&D Engineer Salary

(7 salaries)

₹6 L/yr - ₹7.1 L/yr

Product Development Engineer Salary

(6 salaries)

₹4.5 L/yr - ₹6.47 L/yr

Salary related reviews for Lakshmi Machine Works

5.0

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.

Salary - Bad

+3 more

Design & Development Engineer in Coimbatore

Research & Development Department

1.0

• posted on 30 Apr 2021

1.0

for Salary and Benefits

Likes

Good colleagues.

Job security - Good

Dislikes

No yearly hike. Poor work life balance. No compensation at all even if you work on Sunday, or 2 shifts, Highly caste based company, Heavy politics, they don't know how to utilise young minds. Highly strict working hours.

Salary - Bad

+2 more

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.

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

Mechanical Engg. Design in Coimbatore

Research & Development Department

2.0

• posted on 30 Apr 2021

2.0

for Salary and Benefits

Likes

Real core industry and huge opportunities for leaning. Highly skilled colleagues

Skill development - Good

+3 more

Dislikes

Complete pack of internal politics. Most people won’t work since fixed salary for every batch. I.e., people do zero work and 99% put hard work, both get same hike and salary 😂😂😂

Salary - Poor

+2 more

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.

Skill development - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Lakshmi Machine Works?

Ask anonymously on communities.

Lakshmi Machine Works R&D Design Engineer Salary FAQs

What is the salary of R&D Design Engineer at Lakshmi Machine Works ?

The average salary of a R&D Design Engineer at Lakshmi Machine Works in India typically ranges from ₹3.3 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of R&D Design Engineer at Lakshmi Machine Works earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. R&D Design Engineer 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 8 Lakshmi Machine Works employees in India.

What is the estimated take home salary of a R&D Design Engineer at Lakshmi Machine Works in India?

The estimated take-home salary of a R&D Design Engineer at Lakshmi Machine Works in India typically ranges from ₹48,416 to ₹49,561 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 8 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 R&D Design Engineer in India?

Bajaj Auto	₹8.5 Lakhs to ₹13.0 Lakhs per year
MRF Tyres	₹5.7 Lakhs to ₹8.0 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 R&D Design Engineer in companies similar to Lakshmi Machine Works in India?

The salary of a R&D Design Engineer at companies similar to Lakshmi Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medha Servo Drives	₹3.9 Lakhs to ₹7.8 Lakhs per year
Battrixx	₹3.0 Lakhs to ₹5.0 Lakhs per year
KONE	₹2.5 Lakhs to ₹6.0 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 R&D Design Engineer at Lakshmi Machine Works in India?

The salary growth for a R&D Design Engineer at Lakshmi Machine Works depends on factors such as experience, performance, and promotions. On average, a R&D Design Engineer can expect the following growth trajectory at Lakshmi Machine Works:

Experience	Average Salary Range
3 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
5 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
6 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Lakshmi Machine Works Salaries >
Lakshmi Machine Works R&D Design Engineer Salaries

Lakshmi Machine Works R&D Design Engineer salary in India ranges between ₹3.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.