Lakshmi Machine Works Senior Engineer Product Development Salaries by 6 Employees (Updated 2025)

5 - 9 years exp.

₹6.3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

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52% less than the average Senior Engineer Product Development Salary in Industrial Machinery Companies for 5 - 9 years of experience

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Salaries in different departments

Research & Development Senior Engineer Product Development Salary 5 - 7 years exp. (4 salaries)	Unlock ₹6.3 L/yr - ₹7.7 L/yr
Production, Manufacturing & Engineering Senior Engineer Product Development Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹8.8 L/yr
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Project & Program Management Senior Engineer Product Development Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 20 Feb 2025

Companies similar to Lakshmi Machine Works for Senior Engineer Product Development

Company name	Avg Annual Salary	Open Jobs
Voltas Senior Engineer Product Development Salary 2 - 5 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹6.1 L/yr 24% less
TCS Senior Engineer Product Development Salary 0 - 9 years exp. (8 salaries)	Unlock ₹6.6 L/yr - ₹17.1 L/yr 32% more
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Wipro Senior Engineer Product Development Salary 3 - 6 years exp. (4 salaries)	Unlock ₹10.5 L/yr - ₹18 L/yr 82% more
Tech Mahindra Senior Engineer Product Development Salary 5 - 13 years exp. (3 salaries)	Unlock ₹9.8 L/yr - ₹31.8 L/yr 139% more
HCLTech Senior Engineer Product Development Salary 6 - 14 years exp. (4 salaries)	Unlock ₹9 L/yr - ₹22 L/yr 79% more
Cummins Senior Engineer Product Development Salary 5 - 9 years exp. (5 salaries)	Unlock ₹11.3 L/yr - ₹13.8 L/yr 71% more
TechnipFMC Senior Engineer Product Development Salary 8 - 14 years exp. (4 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 96% more

Senior Engineer Product Development salary at Lakshmi Machine Works ranges between ₹6.3 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Senior Engineer Product Development salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹7.7 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹13.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹8 L/yr

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Salary related reviews for Lakshmi Machine Works

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

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

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.

Skill development - Bad

+3 more

System Incharge in Coimbatore

Full Time

Engineering - Software & QA Department

3.0

• posted on 30 Dec 2022

2.0

for Salary and Benefits

Likes

Ya best company to work but the one below management is very very poor. Can learn lot of things and can take the product owner ship but work life balance is very worst in the present management. And need to work only for one person in the company not for the betterment of company growth. And work life balance is very very very poor.

Skill development - Good

Dislikes

Salary, work life balance and very worst culture

Salary - Poor

+4 more

Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 12 Feb 2023

4.0

for Salary and Benefits

Likes

Salary and Other supports by the management are Highlights.

Salary - Good

+1 more

Dislikes

Employees will show every day that its a naidu concern. They don't worry about the communication. How worst is they talk in telegu in a meeting , even team things inside the team.

Skill development - Poor

+3 more

Senior Sales Engineer in No Office In My City

Sales & Business Development Department

3.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

Timely salary.

Job security - Excellent

Dislikes

1. Travel re-imbursement takes 4 months to come. 2. Application team don't support sales team. 3. Higher cost than other competitors. 4. Visionless management. 5. No correlation between departments 6. Non cooperative HR 7. Discrimination between employees. 8. Impractical sales Targets 9. Communication gap. 10. Head office people don't even receive calls. 11. Adament attitude. 12. Even bad behaviour with small scale customers. 13. Roles are not defined.

Skill development - Poor

+4 more

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Lakshmi Machine Works Senior Engineer Product Development Salary FAQs

What is the salary of Senior Engineer Product Development at Lakshmi Machine Works?

Senior Engineer Product Development salary at Lakshmi Machine Works in India ranges between ₹6.3 Lakhs to ₹8.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 52% less than the average Senior Engineer Product Development Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Machine Works India.

How does the salary of a Senior Engineer Product Development at Lakshmi Machine Works India compare with the average salary range for this job?

The average salary of a Senior Engineer Product Development at Lakshmi Machine Works is 52% less than the average salary of a Senior Engineer Product Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lakshmi Machine Works to a Senior Engineer Product Development in India?

Tech Mahindra Senior Engineer Product Development Salary - ₹9.8 Lakhs to ₹31.8 Lakhs per year
TechnipFMC Senior Engineer Product Development Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Wipro Senior Engineer Product Development Salary - ₹10.5 Lakhs to ₹18.0 Lakhs per year
HCLTech Senior Engineer Product Development Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Cummins Senior Engineer Product Development Salary - ₹11.3 Lakhs to ₹13.8 Lakhs per year

What is the salary of a Senior Engineer Product Development in companies similar to Lakshmi Machine Works in India?

TCS Senior Engineer Product Development Salary - ₹6.6 Lakhs to ₹17.1 Lakhs per year
Voltas Senior Engineer Product Development Salary - ₹5.0 Lakhs to ₹6.1 Lakhs per year

What is the estimated take home salary of a Senior Engineer Product Development at Lakshmi Machine Works in India?

The estimated take-home salary of a Senior Engineer Product Development at Lakshmi Machine Works ranges between ₹54,223 per month to ₹55,576 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works Senior Engineer Product Development salary in India which ranges between ₹6.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Engineer Product Development at Lakshmi Machine Works?

According to AmbitionBox, 100% of the Lakshmi Machine Works Senior Engineer Product Developments reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works Senior Engineer Product Development Salaries

Lakshmi Machine Works Senior Engineer Product Development salary in India ranges between ₹6.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.