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Lakshmi Machine Works

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3.9

based on 801 Reviews

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Lakshmi Machine Works Senior Mechanical Design Engineer salaries in India

Annual salary range
6 - 8 years exp.
₹6 Lakhs - ₹6.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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33% less than the average Senior Mechanical Design Engineer Salary in Industrial Machinery Companies for 6 - 8 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lakshmi Machine Works for Senior Mechanical Design Engineer

Company name Avg Annual Salary Open Jobs
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ABB Senior Mechanical Design Engineer Salary

8 - 14 years exp. (10 salaries)
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₹7.7 L/yr - ₹18 L/yr

arrow icon 82% more
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Danfoss Industries Senior Mechanical Design Engineer Salary

9 - 15 years exp. (7 salaries)
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₹11.8 L/yr - ₹15.7 L/yr

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Cummins Senior Mechanical Design Engineer Salary

3 - 11 years exp. (4 salaries)
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₹5.1 L/yr - ₹20 L/yr

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TechnipFMC Senior Mechanical Design Engineer Salary

11 - 13 years exp. (4 salaries)
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₹8 L/yr - ₹13 L/yr

arrow icon 63% more
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EMERSON PROCESS MANAGEMENT Senior Mechanical Design Engineer Salary

8 - 10 years exp. (3 salaries)
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₹7 L/yr - ₹12 L/yr

arrow icon 69% more
Senior Mechanical Design Engineer salary at Lakshmi Machine Works ranges between ₹6 Lakhs to ₹6.9 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works Senior Mechanical Design Engineer

1y ago
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6 years exp.
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8 years exp.
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7 years exp.
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6 years exp.

Experience wise Lakshmi Machine Works Senior Mechanical Design Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr

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Salary related reviews for Lakshmi Machine Works

4.0

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.

read more
  • Salary - Bad
    • +3 more

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.

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

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.

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

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.

read more
  • 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.

read more
  • Skill development - Bad
    • +3 more
see more salary related reviews

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kirayagami1
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works at
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Option 2
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Lakshmi Machine Works Senior Mechanical Design Engineer Salary FAQs

What is the salary of Senior Mechanical Design Engineer at Lakshmi Machine Works ?
The average salary of a Senior Mechanical Design Engineer at Lakshmi Machine Works in India typically ranges from ₹6.0 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior Mechanical Design Engineer at Lakshmi Machine Works earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Senior Mechanical Design Engineer Salaries at Lakshmi Machine Works can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Lakshmi Machine Works employees in India.
What is the estimated take home salary of a Senior Mechanical Design Engineer at Lakshmi Machine Works in India?
The estimated take-home salary of a Senior Mechanical Design Engineer at Lakshmi Machine Works in India typically ranges from ₹48,408 to ₹49,553 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 6 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Lakshmi Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lakshmi Machine Works for Senior Mechanical Design Engineer in India?
Danfoss Industries ₹11.8 Lakhs to ₹15.7 Lakhs per year
Cummins ₹5.1 Lakhs to ₹20.0 Lakhs per year
ABB ₹7.7 Lakhs to ₹18.0 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹7.0 Lakhs to ₹12.0 Lakhs per year
TechnipFMC ₹8.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lakshmi Machine Works, depending on the role and experience level.
How the salary growth look like for a Senior Mechanical Design Engineer at Lakshmi Machine Works in India?
The salary growth for a Senior Mechanical Design Engineer at Lakshmi Machine Works depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at Lakshmi Machine Works:

Experience Average Salary Range
6 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
7 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

Tell us how to improve this page.

Lakshmi Machine Works Senior Mechanical Design Engineer salary in India ranges between ₹6 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.