Lakshmi Machine Works R&D Engineer Salaries by 10+ Employees (Updated 2024)

0 - 8 years exp.

₹4 Lakhs - ₹8 Lakhs

Salary of majority employees

35% less than the average R&D Engineer Salary in Industrial Machinery Companies for 0 - 8 years of experience

Interested in this particular role?

Last Updated: 30 Nov 2024

Companies similar to Lakshmi Machine Works for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL R&D Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 76% less
Thermax Limited R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹7.1 L/yr 30% less
Login to view exact salary
Kirloskar Brothers R&D Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 51% less
Voltas R&D Engineer Salary 1 - 7 years exp. (8 salaries)	₹2 L/yr - ₹5.7 L/yr 39% less
Siemens R&D Engineer Salary 0 - 8 years exp. (21 salaries)	₹5 L/yr - ₹19.6 L/yr 85% more
TCS R&D Engineer Salary 0 - 6 years exp. (33 salaries)	₹4.5 L/yr - ₹12 L/yr 27% more
Infosys R&D Engineer Salary 0 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹10 L/yr 2% more
Wipro R&D Engineer Salary 1 - 9 years exp. (5 salaries)	₹9.4 L/yr - ₹23 L/yr 132% more
Tech Mahindra R&D Engineer Salary 5 - 8 years exp. (6 salaries)	₹5.5 L/yr - ₹11.5 L/yr 4% more
HCLTech R&D Engineer Salary 1 - 7 years exp. (87 salaries)	₹2.5 L/yr - ₹7.7 L/yr 20% less
Forbes Marshall R&D Engineer Salary 0 - 4 years exp. (14 salaries)	₹5.4 L/yr - ₹13.8 L/yr 30% more
Login to view exact salary
Cummins R&D Engineer Salary 3 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹13 L/yr 48% more
Kirloskar Oil Engines R&D Engineer Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹9.4 L/yr 13% more
Atlas Copco R&D Engineer Salary 4 - 7 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 37% more
Danfoss Industries R&D Engineer Salary 0 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹16.6 L/yr 37% more
EMERSON PROCESS MANAGEMENT R&D Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 8% more
Isgec Heavy Engineering R&D Engineer Salary 0 - 2 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr 35% more
Flowserve R&D Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹4 L/yr 41% less
INDO-MIM R&D Engineer Salary 1 - 9 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 23% less
Wipro Infrastructure Engineering R&D Engineer Salary 1 - 12 years exp. (3 salaries)	₹2.8 L/yr - ₹8 L/yr 21% less

View all

R&D Engineer salary at Lakshmi Machine Works ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 13 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works R&D Engineer salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹9.6 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
3 years (3 salaries)	₹4.7 L/yr - ₹10.9 L/yr
4 years (3 salaries)	₹4.5 L/yr - ₹11.3 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Lakshmi Machine Works

Lead Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(253 salaries)

₹4.7 L/yr - ₹11 L/yr

Design Engineer Salary

(102 salaries)

₹1.8 L/yr - ₹7.88 L/yr

Junior Engineer Salary

(20 salaries)

₹1.8 L/yr - ₹3 L/yr

Project Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Software Engineer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Officer Salary

(11 salaries)

₹5.5 L/yr - ₹10 L/yr

Chemist Salary

(3 salaries)

₹2.6 L/yr - ₹3.3 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(47 salaries)

₹9 L/yr - ₹17.5 L/yr

Top skills at Lakshmi Machine Works for R&D Engineer

VMC NPD Design Heavy Machinery CNC Development Design Engineering R&D Research

Salary related reviews for Lakshmi Machine Works

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

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.

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.

Dislikes

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

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.

Dislikes

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

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.

Dislikes

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

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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Lakshmi Machine Works?

Ask anonymously on communities.

Lakshmi Machine Works R&D Engineer Salary FAQs

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

R&D Engineer salary at Lakshmi Machine Works in India ranges between ₹4.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 35% less than the average R&D Engineer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Lakshmi Machine Works India.

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

The average salary of a R&D Engineer at Lakshmi Machine Works is 35% less than the average salary of a R&D Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a R&D Engineer at Lakshmi Machine Works?

VMC, NPD, Design, Heavy Machinery and CNC are some of the popular skills required to work as a R&D Engineer at Lakshmi Machine Works India.

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

Wipro R&D Engineer Salary - ₹9.4 Lakhs to ₹23.0 Lakhs per year
Siemens R&D Engineer Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
Cummins R&D Engineer Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Atlas Copco R&D Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Danfoss Industries R&D Engineer Salary - ₹1.8 Lakhs to ₹16.6 Lakhs per year

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

Isgec Heavy Engineering R&D Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Forbes Marshall R&D Engineer Salary - ₹5.4 Lakhs to ₹13.8 Lakhs per year
TCS R&D Engineer Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
Kirloskar Oil Engines R&D Engineer Salary - ₹3.3 Lakhs to ₹9.4 Lakhs per year
EMERSON PROCESS MANAGEMENT R&D Engineer Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a R&D Engineer at Lakshmi Machine Works ranges between ₹47,824 per month to ₹48,956 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works R&D Engineer salary in India which ranges between ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the Lakshmi Machine Works R&D Engineers reported a notice period of 3 Months, 37% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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

Lakshmi Machine Works R&D Engineer salary in India ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.