Lakshmi Precision Tools Assistant Engineer Salaries by 10+ Employees

3 - 8 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

22% less than the average Assistant Engineer Salary in Industrial Machinery Companies for 3 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development Assistant Engineer Salary 4 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹4.6 L/yr
Quality Assurance Assistant Engineer Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr
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Production, Manufacturing & Engineering Assistant Engineer Salary 3 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹5 L/yr
Procurement & Supply Chain Assistant Engineer Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹4.3 L/yr

Last Updated: 22 Dec 2024

Companies similar to Lakshmi Precision Tools for Assistant Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Assistant Engineer Salary 2 - 15 years exp. (39 salaries)	₹2.8 L/yr - ₹12.5 L/yr 150% more
Godrej & Boyce Manufacturing Assistant Engineer Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 46% more
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Kirloskar Brothers Assistant Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3.4 L/yr 4% less
TCS Assistant Engineer Salary 0 - 5 years exp. (575 salaries)	₹2 L/yr - ₹8 L/yr 48% more
Infosys Assistant Engineer Salary 0 - 3 years exp. (23 salaries)	₹1.6 L/yr - ₹4.2 L/yr 1% more
Wipro Assistant Engineer Salary 0 - 3 years exp. (18 salaries)	₹2 L/yr - ₹6.5 L/yr 54% more
HCLTech Assistant Engineer Salary Fresher (6 salaries)	₹3.5 L/yr - ₹4.3 L/yr 29% more
Tech Mahindra Assistant Engineer Salary 0 - 4 years exp. (9 salaries)	₹2.6 L/yr - ₹4.5 L/yr 33% more
LTIMindtree Assistant Engineer Salary 0 - 7 years exp. (5 salaries)	₹3 L/yr - ₹5.6 L/yr 30% more
Uniparts Group Assistant Engineer Salary 1 - 5 years exp. (50 salaries)	₹1.8 L/yr - ₹3.1 L/yr 19% less
Polyhose Assistant Engineer Salary 3 - 10 years exp. (50 salaries)	₹2.6 L/yr - ₹4.5 L/yr 24% more
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Bharat Fritz Werner Assistant Engineer Salary 2 - 12 years exp. (43 salaries)	₹2.2 L/yr - ₹6 L/yr 38% more
Buhler Assistant Engineer Salary 2 - 9 years exp. (38 salaries)	₹2.3 L/yr - ₹7 L/yr 38% more
Nash Industries Assistant Engineer Salary 3 - 7 years exp. (24 salaries)	₹2.5 L/yr - ₹4.5 L/yr 18% more
Rieter Assistant Engineer Salary 9 - 16 years exp. (23 salaries)	₹3.7 L/yr - ₹6.9 L/yr 89% more
Plasser India Assistant Engineer Salary 4 - 10 years exp. (23 salaries)	₹3.6 L/yr - ₹7 L/yr 62% more
Toshiba JSW Power Systems Assistant Engineer Salary 2 - 10 years exp. (17 salaries)	₹4.7 L/yr - ₹9.6 L/yr 116% more
Texmo Industries Assistant Engineer Salary 1 - 7 years exp. (11 salaries)	₹2.3 L/yr - ₹6.5 L/yr 29% more
Bonfiglioli Transmissions Private Limited Assistant Engineer Salary 5 - 14 years exp. (10 salaries)	₹4.5 L/yr - ₹10.9 L/yr 147% more
Nidec Corporation Assistant Engineer Salary 2 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹4.2 L/yr 35% more

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Assistant Engineer salary at Lakshmi Precision Tools ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Lakshmi Precision Tools.

Experience wise Lakshmi Precision Tools Assistant Engineer salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹2 L/yr - ₹2.2 L/yr
4 years (5 salaries)	₹2 L/yr - ₹2.8 L/yr
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5 years (3 salaries)	₹3 L/yr - ₹3.5 L/yr
6 years (3 salaries)	₹3.1 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in Lakshmi Precision Tools

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Engineer Salary

(7 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Production Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹7 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Lakshmi Precision Tools

3.0

Rated by 2 employees for salary & benefits

Production Planning Control Engineer in Coimbatore

Full Time

Planning Department

4.0

• posted on 27 Dec 2020

3.0

for Salary and Benefits

Likes

*A great platform to learning * The supporting and advising level is better through the managerial Level * Colleagues are Very nice personalities. * Resources the right way ( E R P software, Quality measurements , Works as on ISO) *it's a Good name in society or compare than other companies because of the group company of the LMW

Skill development - Good

+2 more

Dislikes

* job secure is low * Salary We can't expect much

Lead In Sheetmetal And Fabrication Production in Coimbatore

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 05 Oct 2023

4.0

for Salary and Benefits

Likes

Superb company to gain knowledge,good top management they all support if we work well and excellent knowledge will been gained in work ,day by day new challenges has been work many new products and projects arrived. One of the best company to gain our core knowledge

Salary - Good

+5 more

Dislikes

No dislikes

Tool Room Engineer in Hosur

Tool room and design Department

5.0

• posted on 27 Oct 2018

4.0

for Salary and Benefits

Likes

Its the small scale industry they are suppliers for HARITH TVS and ASHOKLEYLAND. They have more than 80 different kinds of press tools. Its the chance to learn. They provide rooms for employees in low cost

Salary - Good

+5 more

Dislikes

Here is the only main problem is working hours some of the week want to work in Sunday also. They provide one time free food

Production Engineer in Coimbatore

Production, Manufacturing & Engineering Department

3.0

• posted on 13 Apr 2018

3.0

for Salary and Benefits

Likes

company is very usefull for learners.

Skill development - Good

+4 more

Dislikes

very good team mates and provide fundamental training which give confident and use to develop the career growth, by the point of salary have very less amount of hike .

see more salary related reviews

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Lakshmi Precision Tools Assistant Engineer Salary FAQs

What is the salary of Assistant Engineer at Lakshmi Precision Tools ?

The average salary of a Assistant Engineer at Lakshmi Precision Tools in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Assistant Engineer at Lakshmi Precision Tools earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Assistant Engineer Salaries at Lakshmi Precision Tools 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 10+ Lakshmi Precision Tools employees in India.

What is the estimated take home salary of a Assistant Engineer at Lakshmi Precision Tools in India?

The estimated take-home salary of a Assistant Engineer at Lakshmi Precision Tools in India typically ranges from ₹22,118 to ₹23,600 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 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 10+ salaries received from various employees of Lakshmi Precision Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lakshmi Precision Tools for Assistant Engineer in India?

BHEL	₹2.8 Lakhs to ₹12.5 Lakhs per year
Bonfiglioli Transmissions Private Limited	₹4.5 Lakhs to ₹10.9 Lakhs per year
Toshiba JSW Power Systems	₹4.7 Lakhs to ₹9.6 Lakhs per year
Rieter	₹3.7 Lakhs to ₹6.9 Lakhs per year
Plasser India	₹3.6 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lakshmi Precision Tools, depending on the role and experience level.

What is the salary of a Assistant Engineer in companies similar to Lakshmi Precision Tools in India?

The salary of a Assistant Engineer at companies similar to Lakshmi Precision Tools in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro	₹2.0 Lakhs to ₹6.5 Lakhs per year
Sulzer	₹2.5 Lakhs to ₹7.3 Lakhs per year
TCS	₹2.0 Lakhs to ₹8.0 Lakhs per year
Godrej & Boyce Manufacturing	₹3.0 Lakhs to ₹6.0 Lakhs per year
Mann And Hummel Filter	₹4.4 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Engineer at Lakshmi Precision Tools in India?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.2 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.8 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.5 Lakhs per year
6 years	₹3.1 Lakhs to ₹6.4 Lakhs per year

and so on.

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Lakshmi Precision Tools Assistant Engineer Salaries

Lakshmi Precision Tools Assistant Engineer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Lakshmi Precision Tools latest salaries received from various employees of Lakshmi Precision Tools.