Lakshmi Machine Works R&D Manager Salaries by 5 Employees (Updated 2025)

21 - 31 years exp.

₹12.1 Lakhs - ₹15.1 Lakhs

Low Confidence

Salary of majority employees

34% less than the average R&D Manager Salary in Industrial Machinery Companies for 21 - 31 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lakshmi Machine Works for R&D Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers R&D Manager Salary 12 - 15 years exp. (7 salaries)	₹12 L/yr - ₹16.5 L/yr 3% less
Siemens R&D Manager Salary 10 - 20 years exp. (11 salaries)	₹12.8 L/yr - ₹28 L/yr 36% more
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Bajaj Auto R&D Manager Salary 4 - 20 years exp. (30 salaries)	₹19.7 L/yr - ₹42 L/yr 88% more
Medha Servo Drives R&D Manager Salary 11 - 16 years exp. (17 salaries)	₹26 L/yr - ₹36 L/yr 114% more
Uflex R&D Manager Salary 7 - 19 years exp. (16 salaries)	₹13 L/yr - ₹23.1 L/yr 28% more

R&D Manager salary at Lakshmi Machine Works ranges between ₹12.1 Lakhs to ₹15.1 Lakhs per year for employees with experience between 21 years to 31 years. Salary estimates are based on 5 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works R&D Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹12.1 L/yr - ₹15.1 L/yr
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Top skills at Lakshmi Machine Works for R&D Manager

Technical Support Customer Complaints Troubleshooting Raw Material D Root Cause Analysis New Product

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

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

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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Lakshmi Machine Works R&D Manager Salary FAQs

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

R&D Manager salary at Lakshmi Machine Works in India ranges between ₹12.1 Lakhs to ₹15.1 Lakhs for experience between 21 years to 31 years. According to our estimates it is 34% less than the average R&D Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lakshmi Machine Works India.

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

The average salary of a R&D Manager at Lakshmi Machine Works is 34% less than the average salary of a R&D Manager in India. To know exact salary insights, login to view.

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

Technical Support, Customer Complaints, Troubleshooting, Raw Material and D are some of the popular skills required to work as a R&D Manager at Lakshmi Machine Works India.

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

Medha Servo Drives R&D Manager Salary - ₹26.0 Lakhs to ₹36.0 Lakhs per year
Bajaj Auto R&D Manager Salary - ₹19.7 Lakhs to ₹42.0 Lakhs per year
Siemens R&D Manager Salary - ₹12.8 Lakhs to ₹28.0 Lakhs per year
Uflex R&D Manager Salary - ₹13.0 Lakhs to ₹23.1 Lakhs per year

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

Kirloskar Brothers R&D Manager Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year

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

The estimated take-home salary of a R&D Manager at Lakshmi Machine Works ranges between ₹99,966 per month to ₹1,02,687 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works R&D Manager salary in India which ranges between ₹12.1 Lakhs to ₹15.1 Lakhs per year for employees with experience between 21 years to 31 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Lakshmi Machine Works R&D Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works R&D Manager Salaries

Lakshmi Machine Works R&D Manager salary in India ranges between ₹12.1 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.