Lakshmi Precision Tools Design Engineer Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹3 Lakhs - ₹4.4 Lakhs

Salary of majority employees

26% less than the average Design Engineer Salary in Industrial Machinery Companies for 3 - 8 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Jan 2025

Companies similar to Lakshmi Precision Tools for Design Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Design Engineer Salary 1 - 11 years exp. (39 salaries)	₹1 L/yr - ₹9.1 L/yr 31% more
Godrej & Boyce Manufacturing Design Engineer Salary 2 - 6 years exp. (73 salaries)	₹3.1 L/yr - ₹9.5 L/yr 55% more
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Kirloskar Brothers Design Engineer Salary 0 - 8 years exp. (57 salaries)	₹2 L/yr - ₹6 L/yr 7% less
TCS Design Engineer Salary 1 - 10 years exp. (1.2k salaries)	₹2.4 L/yr - ₹11.5 L/yr 85% more
Infosys Design Engineer Salary 1 - 7 years exp. (83 salaries)	₹2.3 L/yr - ₹11.3 L/yr 69% more
Wipro Design Engineer Salary 1 - 6 years exp. (117 salaries)	₹2.5 L/yr - ₹11.8 L/yr 77% more
HCLTech Design Engineer Salary 1 - 7 years exp. (676 salaries)	₹2.3 L/yr - ₹9.4 L/yr 63% more	1 job opening
Tech Mahindra Design Engineer Salary 0 - 8 years exp. (1.4k salaries)	₹1.9 L/yr - ₹8.7 L/yr 36% more	3 job openings
LTIMindtree Design Engineer Salary 1 - 5 years exp. (35 salaries)	₹2.5 L/yr - ₹8 L/yr 46% more
Segula Technologies Design Engineer Salary 1 - 7 years exp. (187 salaries)	₹2.5 L/yr - ₹8 L/yr 40% more
Dover India Design Engineer Salary 4 - 8 years exp. (166 salaries)	₹4.2 L/yr - ₹15 L/yr 152% more
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Konecranes Design Engineer Salary 1 - 8 years exp. (159 salaries)	₹2.2 L/yr - ₹9.4 L/yr 82% more
Sulzer Design Engineer Salary 1 - 6 years exp. (98 salaries)	₹2 L/yr - ₹7.8 L/yr 32% more
Bharat Fritz Werner Design Engineer Salary 1 - 6 years exp. (89 salaries)	₹2.4 L/yr - ₹7.1 L/yr 26% more
L&T Valves Design Engineer Salary 0 - 3 years exp. (63 salaries)	₹1.6 L/yr - ₹3.3 L/yr 39% less
Bonfiglioli Transmissions Private Limited Design Engineer Salary 1 - 6 years exp. (57 salaries)	₹3.8 L/yr - ₹7.7 L/yr 59% more
Buhler Design Engineer Salary 1 - 8 years exp. (51 salaries)	₹2.7 L/yr - ₹8 L/yr 36% more
Premium Transmission Design Engineer Salary 0 - 6 years exp. (48 salaries)	₹1.9 L/yr - ₹5.5 L/yr 2% less
Mann And Hummel Filter Design Engineer Salary 0 - 6 years exp. (46 salaries)	₹3.6 L/yr - ₹8.1 L/yr 67% more
Bosch Rexroth India Design Engineer Salary 0 - 6 years exp. (46 salaries)	₹2 L/yr - ₹6.7 L/yr 27% more

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Design Engineer salary at Lakshmi Precision Tools ranges between ₹3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Precision Tools.

Experience wise Lakshmi Precision Tools Design Engineer salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in Lakshmi Precision Tools

Senior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Assistant Engineer Salary

(17 salaries)

₹2 L/yr - ₹5 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

Salary related reviews for Lakshmi Precision Tools

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

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

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

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.

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 .

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Lakshmi Precision Tools Design Engineer Salary FAQs

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

Design Engineer salary at Lakshmi Precision Tools in India ranges between ₹3.0 Lakhs to ₹4.4 Lakhs for experience between 3 years to 8 years. According to our estimates it is 26% less than the average Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Precision Tools India.

How does the salary of a Design Engineer at Lakshmi Precision Tools India compare with the average salary range for this job?

The average salary of a Design Engineer at Lakshmi Precision Tools is 26% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lakshmi Precision Tools to a Design Engineer in India?

Dover India Design Engineer Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
Plasser India Design Engineer Salary - ₹4.0 Lakhs to ₹13.3 Lakhs per year
TCS Design Engineer Salary - ₹2.4 Lakhs to ₹11.5 Lakhs per year
Konecranes Design Engineer Salary - ₹2.2 Lakhs to ₹9.4 Lakhs per year
Wipro Design Engineer Salary - ₹2.5 Lakhs to ₹11.8 Lakhs per year

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

Infosys Design Engineer Salary - ₹2.3 Lakhs to ₹11.3 Lakhs per year
Mann And Hummel Filter Design Engineer Salary - ₹3.6 Lakhs to ₹8.1 Lakhs per year
HCLTech Design Engineer Salary - ₹2.3 Lakhs to ₹9.4 Lakhs per year
Bonfiglioli Transmissions Private Limited Design Engineer Salary - ₹3.8 Lakhs to ₹7.7 Lakhs per year
Toshiba JSW Power Systems Design Engineer Salary - ₹3.0 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Design Engineer at Lakshmi Precision Tools ranges between ₹27,256 per month to ₹28,661 per month in India. The take-home salary calculation is based on the average Lakshmi Precision Tools Design Engineer salary in India which ranges between ₹3.0 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Lakshmi Precision Tools?

According to AmbitionBox, 40% of the Lakshmi Precision Tools Design Engineers reported a notice period of 1 Month, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Lakshmi Precision Tools Design Engineer Salaries

Lakshmi Precision Tools Design Engineer salary in India ranges between ₹3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lakshmi Precision Tools latest salaries received from various employees of Lakshmi Precision Tools.