Lakshmi Precision Tools Engineer Salaries by 5 Employees (Updated 2024)

8 - 12 years exp.

₹4 Lakhs - ₹5.4 Lakhs

Salary of majority employees

19% less than the average Engineer Salary in Industrial Machinery Companies for 8 - 12 years of experience

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Salaries in different departments

Project & Program Management Engineer Salary 8 - 10 years exp. (3 salaries)	₹4 L/yr - ₹4.2 L/yr
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Research & Development Engineer Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.4 L/yr

Last Updated: 17 Mar 2023

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Engineer salary at Lakshmi Precision Tools ranges between ₹4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Lakshmi Precision Tools.

Experience wise Lakshmi Precision Tools Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
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10 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.4 L/yr

Similar Designation salaries in Lakshmi Precision Tools

Senior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Engineer Salary

(17 salaries)

₹2 L/yr - ₹5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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

Production Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹7 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 .

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lakshmi Precision Tools Engineer Salary FAQs

What is the salary of Engineer at Lakshmi Precision Tools?

Engineer salary at Lakshmi Precision Tools in India ranges between ₹4.0 Lakhs to ₹5.4 Lakhs for experience between 8 years to 12 years. According to our estimates it is 19% less than the average Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lakshmi Precision Tools India.

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

The average salary of a Engineer at Lakshmi Precision Tools is 19% less than the average salary of a Engineer in India. To know exact salary insights, login to view.

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

BHEL Engineer Salary - ₹4.2 Lakhs to ₹18.0 Lakhs per year
Toshiba JSW Power Systems Engineer Salary - ₹4.1 Lakhs to ₹10.3 Lakhs per year
Infosys Engineer Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Dover India Engineer Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year
Sulzer Engineer Salary - ₹1.9 Lakhs to ₹11.3 Lakhs per year

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

Wipro Engineer Salary - ₹1.8 Lakhs to ₹11.3 Lakhs per year
Plasser India Engineer Salary - ₹4.0 Lakhs to ₹10.6 Lakhs per year
Texmo Industries Engineer Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
Buhler Engineer Salary - ₹3.5 Lakhs to ₹8.6 Lakhs per year
Godrej & Boyce Manufacturing Engineer Salary - ₹3.2 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Engineer at Lakshmi Precision Tools ranges between ₹35,010 per month to ₹36,249 per month in India. The take-home salary calculation is based on the average Lakshmi Precision Tools Engineer salary in India which ranges between ₹4.0 Lakhs to ₹5.4 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Lakshmi Precision Tools Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lakshmi Precision Tools Engineer Salaries

Lakshmi Precision Tools Engineer salary in India ranges between ₹4 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lakshmi Precision Tools latest salaries received from various employees of Lakshmi Precision Tools.