Lakshmi Precision Screws Production Engineer Salaries by 3 Employees

0 - 4 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Production Engineer Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
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Project & Program Management Production Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 5 Jul 2023

Companies similar to Lakshmi Precision Screws for Production Engineer

Company name	Avg Annual Salary	Open Jobs
ABB Production Engineer Salary 2 - 10 years exp. (130 salaries)	₹1.2 L/yr - ₹9.5 L/yr 71% more
Timken Production Engineer Salary 0 - 8 years exp. (94 salaries)	₹1.3 L/yr - ₹6.9 L/yr 11% less
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Thermax Limited Production Engineer Salary 1 - 9 years exp. (87 salaries)	₹2.1 L/yr - ₹8 L/yr 27% more	1 job opening
Kirloskar Pneumatic Production Engineer Salary 3 - 8 years exp. (85 salaries)	₹2.1 L/yr - ₹4.5 L/yr 6% more
Shaily Engineering Plastics Ltd Production Engineer Salary 3 - 8 years exp. (82 salaries)	₹2.7 L/yr - ₹5.5 L/yr 17% more
Action Construction Equipment Production Engineer Salary 2 - 8 years exp. (82 salaries)	₹2 L/yr - ₹5.4 L/yr 14% more
JNS Instruments Production Engineer Salary 4 - 9 years exp. (68 salaries)	₹2.4 L/yr - ₹5 L/yr 9% more
Isgec Heavy Engineering Production Engineer Salary 4 - 12 years exp. (66 salaries)	₹2.2 L/yr - ₹9.5 L/yr 81% more	1 job opening
Lakshmi Machine Works Production Engineer Salary 1 - 10 years exp. (37 salaries)	₹1.1 L/yr - ₹7.6 L/yr 25% more
Pitti Engineering Production Engineer Salary 4 - 7 years exp. (34 salaries)	₹2.1 L/yr - ₹5 L/yr 10% more
Utkarsh India Production Engineer Salary 4 - 11 years exp. (31 salaries)	₹1.8 L/yr - ₹5.2 L/yr 2% less
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Lokesh Machines Production Engineer Salary 0 - 7 years exp. (27 salaries)	₹1.2 L/yr - ₹5.5 L/yr 3% less
Lohia Group Production Engineer Salary 2 - 5 years exp. (26 salaries)	₹2.4 L/yr - ₹6.1 L/yr 17% more
ESAB Production Engineer Salary 5 - 15 years exp. (19 salaries)	₹3.2 L/yr - ₹10 L/yr 52% more
EMERSON PROCESS MANAGEMENT Production Engineer Salary 2 - 12 years exp. (16 salaries)	₹2.9 L/yr - ₹5.9 L/yr 39% more
TPI Composites Production Engineer Salary 0 - 11 years exp. (15 salaries)	₹4.5 L/yr - ₹7.6 L/yr 61% more
Epiroc Production Engineer Salary 1 - 5 years exp. (14 salaries)	₹2.2 L/yr - ₹5.9 L/yr 11% less
Ingersoll Rand Production Engineer Salary 1 - 5 years exp. (13 salaries)	₹1.5 L/yr - ₹7 L/yr 23% less
Skipper Production Engineer Salary 2 - 9 years exp. (11 salaries)	₹2 L/yr - ₹3.5 L/yr 22% less
ELGI Equipments Production Engineer Salary 5 - 6 years exp. (11 salaries)	₹4.5 L/yr - ₹5 L/yr 40% more

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Production Engineer salary at Lakshmi Precision Screws ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Lakshmi Precision Screws.

Experience wise Lakshmi Precision Screws Production Engineer salaries

Last Updated: 5 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Lakshmi Precision Screws

Production Manager Salary

(3 salaries)

₹9.5 L/yr - ₹11.9 L/yr

Executive Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.2 L/yr

Junior Engineer Salary

(3 salaries)

₹5.1 L/yr - ₹6 L/yr

Senior Engineer Salary

(6 salaries)

₹6 L/yr - ₹6.25 L/yr

Quality Engineer Salary

(3 salaries)

₹5 L/yr - ₹6.3 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Lakshmi Precision Screws

Senior Engineer in Rohtak

Production, Manufacturing & Engineering Department

1.0

• posted on 16 Jul 2020

1.0

for Salary and Benefits

Likes

Lockdown m bhi employees ko ek paisa bhi nahi mila. No salary given from last 2 years Cmd and other directors are not interested to work for lps company and their employees

Dislikes

...in this world. They are not thinking about their employees and their families. No salary given to employees since last 2 years. Now you guess about them.

Salary - Bad

+6 more

Production Supervisor in Rohtak

Production, Manufacturing & Engineering Department

4.0

• posted on 14 Aug 2018

4.0

for Salary and Benefits

Likes

Lakshmi pericision screws Ltd is a world class company we export lots of products. The company is open to innovation and adopts latest technology.have high quality products and has a global client base.my colleagues come from various culturel background.its good,we work together friendly working environment.and lots of training session organised there.

Salary - Good

+6 more

Dislikes

Now a day company is not in good 1condition because of their owners. company had lots of orders but no raw material for running plant last six months salary panding of their employees. Company is really good but what's going on no one knows.

Asstt . Manager In HRM in Rohtak

Customer Success, Service & Operations Department

5.0

• posted on 19 Jul 2021

3.0

for Salary and Benefits

Likes

I am working in the company from 25+ years and overall experience is very good.

Skill development - Excellent

+2 more

Dislikes

There is a lot of politics and the union of the workers forced to management ever. Salary is ok but career growth is too slow.

Job security - Poor

Senior Business Development Executive in Rohtak

Business development Department

1.0

• posted on 29 Mar 2019

1.0

for Salary and Benefits

Likes

... auch a big company. LPS plant 2 was the good place to work in Rohtak city only. Salary and culture was goos initially.

Dislikes

... single command which was CMD. There was no control of boss on his subordinates. No control on salary hike or promotion. Each and similar level of employees were getting same increments and there was no system of performance appraisals.

Salary - Bad

+4 more

Senior Engineer in Hissar Chaouk, Rohtak, Haryana, 124001

Supplier Quality Department

5.0

• posted on 05 Nov 2022

5.0

for Salary and Benefits

Likes

Laxmi precesion screws group of industry is father industry of rohtak city, first time system launch in India launch in lps. Northern india best industry. Universal is also well growing. 🦅 love to work here.

Salary - Excellent

+6 more

Dislikes

Nothing to dislike.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lakshmi Precision Screws Production Engineer Salary FAQs

How the salary growth look like for a Production Engineer at Lakshmi Precision Screws in India?

The salary growth for a Production Engineer at Lakshmi Precision Screws depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Lakshmi Precision Screws:

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Lakshmi Precision Screws Production Engineer Salaries

Lakshmi Precision Screws Production Engineer salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lakshmi Precision Screws latest salaries received from various employees of Lakshmi Precision Screws.