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%)

₹5.2 Lakhs

Variable (15%)

₹0.9 Lakh

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

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Last Updated: 26 Feb 2025

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

Company name	Avg Annual Salary	Open Jobs
Siemens R&D Design Engineer Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹8.6 L/yr 11% more
HCLTech R&D Design Engineer Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹8 L/yr 22% less
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Bajaj Auto R&D Design Engineer Salary 9 - 15 years exp. (13 salaries)	Unlock ₹8.5 L/yr - ₹13 L/yr 77% more
KONE R&D Design Engineer Salary 0 - 6 years exp. (9 salaries)	Unlock ₹2.5 L/yr - ₹6 L/yr 42% less
Battrixx R&D Design Engineer Salary 1 - 6 years exp. (8 salaries)	Unlock ₹3 L/yr - ₹5 L/yr 35% less

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: 26 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.3 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹10.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹7 L/yr
8 years (3 salaries)	Unlock ₹2.9 L/yr - ₹8 L/yr

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Tool Design Engineer Salary

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₹5 L/yr - ₹6.55 L/yr

Assistant Manager Design Salary

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₹8.6 L/yr - ₹9.6 L/yr

Senior R&D Engineer Salary

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₹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

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Lakshmi Machine Works R&D Design Engineer Salary FAQs

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

R&D Design Engineer salary at Lakshmi Machine Works in India ranges between ₹3.3 Lakhs to ₹8.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 8% more than the average R&D Design Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Lakshmi Machine Works India.

How does the salary of a R&D Design Engineer at Lakshmi Machine Works India compare with the average salary range for this job?

The average salary of a R&D Design Engineer at Lakshmi Machine Works is 8% more than the average salary of a R&D Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lakshmi Machine Works to a R&D Design Engineer in India?

Bajaj Auto R&D Design Engineer Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
Siemens R&D Design Engineer Salary - ₹2.7 Lakhs to ₹8.6 Lakhs per year

What is the salary of a R&D Design Engineer in companies similar to Lakshmi Machine Works in India?

HCLTech R&D Design Engineer Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
Battrixx R&D Design Engineer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
KONE R&D Design Engineer Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year

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 ranges between ₹46,624 per month to ₹47,728 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works R&D Design Engineer salary in India which ranges between ₹3.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for R&D Design Engineer at Lakshmi Machine Works?

According to AmbitionBox, 67% of the Lakshmi Machine Works R&D Design Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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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.