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Lakshmi Machine Works R&D Engineer salaries in India

Annual salary range
0 - 8 years exp.
₹4 Lakhs - ₹8 Lakhs
Salary of majority employees
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41% less than the average R&D Engineer Salary in Industrial Machinery Companies for 0 - 8 years of experience

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Last Updated: 16 Aug 2024

Companies similar to Lakshmi Machine Works for R&D Engineer

Company name Avg Annual Salary Open Jobs
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BHEL R&D Engineer Salary

1 - 3 years exp. (3 salaries)

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₹1.4 L/yr - ₹1.7 L/yr

arrow icon 73% less
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Thermax Limited R&D Engineer Salary

1 - 4 years exp. (3 salaries)

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₹2.1 L/yr - ₹7.1 L/yr

arrow icon 21% less
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Kirloskar Brothers R&D Engineer Salary

1 - 3 years exp. (3 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 45% less
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Voltas R&D Engineer Salary

1 - 7 years exp. (8 salaries)

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₹2 L/yr - ₹5.7 L/yr

arrow icon 39% less
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Siemens R&D Engineer Salary

0 - 8 years exp. (21 salaries)

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₹5 L/yr - ₹19.6 L/yr

arrow icon 108% more
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TCS R&D Engineer Salary

1 - 6 years exp. (28 salaries)

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₹4.5 L/yr - ₹13.6 L/yr

arrow icon 44% more
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Infosys R&D Engineer Salary

0 - 6 years exp. (3 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 15% more
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Wipro R&D Engineer Salary

1 - 7 years exp. (5 salaries)

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₹9.4 L/yr - ₹19 L/yr

arrow icon 125% more
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Tech Mahindra R&D Engineer Salary

5 - 9 years exp. (7 salaries)

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₹5.5 L/yr - ₹12.6 L/yr

arrow icon 38% more
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HCLTech R&D Engineer Salary

1 - 5 years exp. (72 salaries)

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₹2.8 L/yr - ₹7.5 L/yr

arrow icon 19% less
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ABB R&D Engineer Salary

2 - 9 years exp. (324 salaries)

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₹6.5 L/yr - ₹22.3 L/yr

arrow icon 163% more
1 job opening
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Forbes Marshall R&D Engineer Salary

0 - 4 years exp. (14 salaries)

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₹5.1 L/yr - ₹13.8 L/yr

arrow icon 41% more
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Cummins R&D Engineer Salary

3 - 10 years exp. (8 salaries)

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₹4.5 L/yr - ₹13 L/yr

arrow icon 76% more
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Kirloskar Oil Engines R&D Engineer Salary

0 - 9 years exp. (7 salaries)

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₹3.3 L/yr - ₹9.4 L/yr

arrow icon 30% more
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Danfoss Industries R&D Engineer Salary

1 - 10 years exp. (4 salaries)

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₹1.8 L/yr - ₹19.7 L/yr

arrow icon 92% more
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₹3.6 L/yr - ₹9 L/yr

arrow icon 21% more
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Hilti R&D Engineer Salary

2 - 4 years exp. (4 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 16% more
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Isgec Heavy Engineering R&D Engineer Salary

0 - 2 years exp. (4 salaries)

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₹7 L/yr - ₹11 L/yr

arrow icon 52% more
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Flowserve R&D Engineer Salary

5 - 6 years exp. (4 salaries)

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₹3.6 L/yr - ₹4 L/yr

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₹2.8 L/yr - ₹8 L/yr

arrow icon 21% less
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 11 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works R&D Engineer

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4 years exp.
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8 years exp.
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7 years exp.
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Experience wise Lakshmi Machine Works R&D Engineer salaries

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4 L/yr - ₹8.7 L/yr
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹5.6 L/yr
4 years  (3 salaries)

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₹4.5 L/yr - ₹5.6 L/yr
View all

Similar Designation salaries in Lakshmi Machine Works

Lead Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Senior Engineer Salary
(242 salaries)
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₹4.7 L/yr - ₹11 L/yr
Design Engineer Salary
(106 salaries)
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₹1.8 L/yr - ₹6.77 L/yr
Junior Engineer Salary
(19 salaries)
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₹1.8 L/yr - ₹3 L/yr
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₹5 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹5 L/yr
Officer Salary
(11 salaries)
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₹5.5 L/yr - ₹10 L/yr
Chemist Salary
(3 salaries)
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₹2.6 L/yr - ₹3.3 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(44 salaries)
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₹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
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Salary related reviews for Lakshmi Machine Works

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.

read more
  • 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
see more salary related reviews

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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 41% less than the average R&D Engineer Salary in India. Salary estimates are based on 11 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 41% 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?
  • ABB R&D Engineer Salary - ₹6.5 Lakhs to ₹22.3 Lakhs per year
  • Wipro R&D Engineer Salary - ₹9.4 Lakhs to ₹19.0 Lakhs per year
  • Siemens R&D Engineer Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
  • Danfoss Industries R&D Engineer Salary - ₹1.8 Lakhs to ₹19.7 Lakhs per year
  • Cummins R&D Engineer Salary - ₹4.5 Lakhs to ₹13.0 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
  • TCS R&D Engineer Salary - ₹4.5 Lakhs to ₹13.6 Lakhs per year
  • Forbes Marshall R&D Engineer Salary - ₹5.1 Lakhs to ₹13.8 Lakhs per year
  • Tech Mahindra R&D Engineer Salary - ₹5.5 Lakhs to ₹12.6 Lakhs per year
  • Kirloskar Oil Engines R&D Engineer Salary - ₹3.3 Lakhs to ₹9.4 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 ₹42,284 per month to ₹43,415 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, 56% of the Lakshmi Machine Works R&D Engineers reported a notice period of 3 Months, 44% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works R&D Engineer salary in India ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.

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